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CORRESPONDENCE WITH REGARD TO BUILDERS RISK & CONTRACTORS EQUIPMENT I I December 13, 1979 Frank B. Hall & Co. 3000 South Post Oak Road Suite 1400 Houston, Texas 77056 Gentlernen= Please forward a copy of the I'AII Risk on Builders Risk, Real and Personal Property and Contractors Equipment" insurance policy referred to in copy of Certificate of Insurance which is attached. We are unable to determine from the attached Certificate of Insurance if the City's interests are being protected as re- quired by our Agreement dated October 20, 1975 with U.S. Home Mortgage Corporation. Thank you for a prompt response. Very truly yours, Lucille Williams City Clerk LW/dc Enc. "..> ~ . Frank B. Hall & Co. 3000 South Post Oak Road Suite 1400 Houston, Texas 77056 COMPANY A LE TTER COMPANY B LETTER COMPANY C LETTER COMPANY D LETTER COMPANY E LETTER NAME AND ADDRESS OF INSURED .U.S. Home Corporation Box 2863 Houston, Texas 77001 This is to certify that policies of insurance listed below have been issued to the insured named above and are in force at this time. Notwithstanding any requirement, term or condition of any contract or other document with respect to which this certificate may be issued or may pertain, the insurance afforded by the policies described herein is subject to all the terms, exclusions and conditions of such policies. TYPE OF INSURANCE POLICY NUMBER POLICY EXPIRATION DATE limits of liability in Thousands (0 OCC~~~~NCE AGGREGATE GENERAL LIABILITY o COMPREHENSIVE FORM D PREMISES-OPERATIONS o EXPLOSION AND COLLAPSE HAZARD o UNDERGROUND HAZARD o PRODUCTS/COMPLETED OPERATIONS HAZARD o CONTRACTUAL INSURANCE o BROAD FORM PROPERTY DAMAGE o INDEPENDENT CONTRACTORS o PERSONAL INJURY BODILY INJURY PROPERTY DAMAGE $ BODIL Y INJURY AND PROPE RTY DAMAGE COMBINED $ PERSONAL INJURY AUTOMOBILE LIABILITY o COMPREHENSIVE FORM DOWNED o HIRED D NON-OWNED EXCESS LIABILITY BODILY INJURY (EAC H PERSON) BODILY INJURY (EACH ACCIDENT) PROPERTY DAMAGE BODILY INJURY AND PROPERTY DAMAGE COMBINED $ $ $ o UMBRELLA FORM o OTHER THAN UMBRELLA FORM BODILY INJURY AND PROPERTY DAMAGE COMBINED WORKERS' COMPENSATION and EMPLOYERS' LIABILITY All R~E& Perso al Property, Builde s Cover Note #NG7420 7/1/82 one occurrence & Earthquake ate E ment "All Risk" on Builders Risk, Real & Personal Property and Contractors Equipment as per manuscript policy form. Cancellation: Should any of the above described policies be cancelled before the expiration date thereof, the Issuing com- pany will endeavor to mail --JQ- days written notice to the below named certificate holder, but failure to mail such notice shall impose no obligation or liability of any kind upon the company. NAME AND ADDRESS OF CERTIFICATE HOLDER: CITY OF CLEARWATER P. O. Box 4748 Clearwater, Florida 11/9/79 33518 ~ l - January 3, 1980 Mr. Tom Myers U.S. Home Corporation 1177 W. Loop South Box 2863 Houston, Texas 77001 Dear i'-Ir. Myers: In response to your telephone call, I am attaching copies of my letter to the Frank B. Hall and Company Insurance Agency, the Certificate of Insurance in question and the Servicing Agreement with U.S. Home Mortgage Corporation. We call your attention to page 3, paragraph 6, "Additional Protection For Mortgagee" relating to cancellation without 10 days prior written notice and the cancellation clause on the Certificate which states if the policy is cancelled the company will endeavor to mail 30 days written notice, etc. Our attorney is requesting a copy of the policy to determine if the City's interests are protected. Yours very truly, Lucille Williams City Clerk LW/dc Encs.