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FLOOD INSURANCE EXIPRATION NOTICE BS CAT1\WBA INSURANCE COMPANY FLOOD I~SURANCE EXPIRATION I~VOICE THIS FLOOD INSURANCE POLICY EXPIRED AT 12:01 A.M. ON: 5/31/2000 Policy #: 0 13 0 8 7 6 9 0 0 INSURED PROPERTY LOCATION: 37 CAUSEWAY BLVD CLEARWATER FL 34630 PAYOR IS: INSURED ~ LENDER NAME & MAILING.ADDRESS CITY OF CLEARWATER C/O RISK MANAGEMENT PO BOX 4748 CLEARWATER FL 34618 DATE ISSUED: 5/31/2000 I ~ AGENTIBROKER NAME & MAILING ADDRESS ALLEY REHBAUM & CAPES INC 2433 GULF TO BAY BLVD PO BOX 4620 CLEARWATER FL 33758-4620 I ~ ~ ~27)797-5193 ~ Special Instructions: THE RENEWAL PREMIUM FOR THIS POLICY HAS NOT BEEN RECEIVED AS OF THE EXPIRATION DATE SHOWN. INSURANCE COVERAGE FOR THE BENEFIT OF THE MORTGAGEE ONLY WILL REMAIN IN FORCE FOR 30 DAYS. *PREMIUM INCLUDES CRS DISCOUNT* SEE REVERSE SIDE OF BILL FOR IMPORTANT MESSAGES OPTION CURRENT COVERAGE OPTION INCREASED COVERAGE COVERAGE DEDUCTIBLE PREMIUM COVERAGE DEDUCTIBLE PREMIUM 1 Yr Building Building 1 Yr $13,638,00 242,000 5,000 $14,624.00 3 Yr Contents Contents 3 Yr * NOT * * NOT * AVAILABLE AVAILABLE BUILDING: 500,000 CON1ENTS: 500,000 Building Building 220,000 5,000 ---...._,---._-,--_.,-- Contents Contents MAXIMUM COVERAGE AVAILABLE THROUGH THE NATIONAL FLOOD INSURANCE PROGRAM: .... DETACH HERE THIS IS NOT A BILL MORTGAGEE COPY RETAIN TOP PORTION FOR YOUR RECORDS FLOOD INSURANCE EXPIRATION INVOICE DETACH HERE A POLICY #: 0130876900 LOAN #: EXPIRATION DATE: 5/31/2000 DATE ISSUED: 5/31/2000 OPTION A COVERAGE OPTION B COVERAGE ONE YEAR: $13,638.00 E l Bldg 220,000 THREE YEAR: N/A ] Cont Check desired coverage & return bottom section of notice with check or money order made payable to: CATAWBA INSURANCE COMPANY ~] FLOOD INSURANCE PROCESSING CENTER PO BOX 79091 BALTIMORE MD 21279-0091 ONE YEAR: $14,624.00 E ] Bldg THREE YEAR: N / A ] Cont 242,000 INSURED NAME & MAILING ADDRESS CLEARWATER BEACH SEAFOOD & RESTAURANT INC 37 CAUSEWAY BLVD CLEARWATER FL 34630 _-~ J RETURN WITH PAYMENT DO NOT FOLD, STAPLE, OR WRITE ~W-1!() 2495301308769004001363800004075500001462400004371200 JUN 0 5 2000 RISKMANAGEMENT IMPORTANT MESSAGES 1.) A 30 DAY GRACE PERIOD IS A V AI.A RLE TO ENSURE RENEWAL WITHOUT J LAPSE IN COVERAGE. PAYMENTS RECEIVED AFTER THE GRACE PE"IIOD WILL BE RENE"'lW.~ A LAPSE I~ COVERAGE. COVERAGE WILL BE EFFECTIVE 30 DAYS AFTER RECEIPT OF THE PREMIU;M.;tE,N1~RE 11IAN 90 DAYS HAVE PASSED SINCE EXPIRATION, A NEW APPLICATION MUST BE SUBMIT l'E... '.V.:. :~','..)..'i'.;.'...;!..:'....". ',,' "I 2.) YOU ARE ENCOURAGED TO ENSURE THAT YOUR PROPERTXi'!S COVERED FOR AT LEAST 80% OF THE REPLACEMENT COST OF THE STRUCTURE TO ENSUREADEQUATE COVERAGE IS IN FORCE AT THE TIME OF A LOSS. CONTACT YOUR INSURANCE REPRESENTATIVE FORDETAILS. ; t ". 3.) IF THE MORTGAGEE LISTED ON THE BILL IS NOT THE CJllB,~~~ MORTGAGEE, PLEASE FORWARD THE BILL TO THE NEW FINANCIAL INSTITUTION (IF THEY ARE RESPONSIaLE FOR PREMIUM PAYMENT) AND HAVE A CHANGE ENDORSEMENT SENT TO CORRECT THE POLICY. 4.) FOR POLICIES EFFECTIVE ON OR AFTER JUNE 1,1997, ALL RENEWAL OPTIONS REFLECT THE PREMIUM CHARGE ASSOCIATED WITH COVERAGE D, INCREASED COST OF COMPLIANCE; IF APPLICABLE. PREFERRED RISK POLICIES, UNDER A CONDOMINIUM FORM OF OWNERSHIP DO NOT QUALIFY FOR THIS COVERAGE. IF THIS POLICY IS A PREFERRED RISK POLICY AND IS UNDER THE CONDOMINIUM FORM OF OWNERSHIP, PLEASE NOTIFY YOUR AGENT OR COMPANY REPRESENTATIVE TO UPDATE ~OUR POLICY AND REDUCE YOUR PREMIUM. 5.) IF YOUR POLICY WAS PREVIOUSLY ISSUED WITH A $750 STANDARD DEDUCTIBLE, RECENT MANDATORY CHANGES TO THE NATIONAL FLOOD INSURANCE PROGRAM REQUIRE THAT THE STANDARD DEDUCTIBLE BE INCREASED TO $1,000. IF DESIRED, YOU MAY BUY BACK YOlJR DEDUCTIBLE TO $500 FOR AN ADDITIONAL AMOUNT OF PREMIUM. FOR ADDITIONAL INFORMATION REGARDING THIS CHANGE OR TO OBTAIN A PREMIUM QUOTE FOR THE DEDUCTIBLE BUY BACK, PLEASE CONTACT YOUR INSURANCE REPRESENTATIVE. 6.) IF THIS POLICY IS A PREFERRED RISK POLICY (PRP), PLEASEN:OTE THAT THERE HAVE BEEN RECENT CHANGES TO THE ELIGIBILITY REQUIREMENTS FOR THE PRP. IF THE FLOOD ZONE LISTED ON YOUR POLICY IS NOT THE ZONE ON THE CURRENT FLOOD INSURANCE RATE MAP, you MAY NO LONGER BE ELIGIBLE FOR THE PRP. PLEASE CONTACT YOUR INSURANCE REPRESENTATIVE TO VERIFY IF YOU ARE STILL ELIGIBLE FOR THIS POLICY OR TO OBTAIN A QUOTE FOR A STANDARD POLIC:;Y. IF PAYMENT HAS BEEN MADE, DISREGARD THIS NOTICE. 1JIAN:K YOU. I m 1m I ~ 11111 Ii 11II n 1I1I ~ I i ~ III ~ 11111 ~ ~ III 013087690024953