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CERTIFICATE OF INSURANCE - AIRPORT LIABILITY (2) ~~-, ~lltl AIRPORT LIABILITY ADDITIONAL INSURED CERTIFICATE OF INSURANCE Policy Number UA00153043-01 issued by U.S. Specialty Insurance Company of Houston Texas was issued to: Named Insured And Address CLEARWATER AIRPARK, INC. 1000 N. HERCULES AVENUE CLEARWATER, FL 33765 This certificate of insurance neither affirmatively or negatively amends, extends or alters the coverage afforded by the Policy described herein And is in force from 04/25/2007 to 04/25/2008 . The insurance afforded by the policy is only with respect to the Coverages for which a limit is shown under the Limits of Liability column. Airport: CLEARWATER AIR PARK LIMITS OF LIABILITY COVERAGES $ Each Person $ 1,000,000 Each Occurrence A AIRPORT $ 2,000,000 Aggregate BODIL Y INJURY AND PROPERTY DAMAGE LIABILITY $ 100,000 Each Person 8 PRODUCTS COMPLETED OPERATIONS HAZARD $ 1,000,000 Each Occurrence BODILY INJURY AND PROPERTY DAMAGE LIABILITY $ 1,000,000 Aggregate .. ., $ 250,000 AnyOne Aircraft $ 1,000,000 Each Occurrence C HANGARKEEPERS LIABILITY $ 5,000 Deductible $ 3,000 Each Person 0 MEDICAL PAYMENTS $ 3,000 Each Occurrence In the event of cancellation of the above described Policy. the company, if possible, will notify the Certificate Holder, shown below, 10 days prior to such cancellation. CERTIFICATE ISSUED TO: CITY OF CLEARWATER 25 CAUSEWAY BOULEVARD CLEARWATER,FL 33767 U.S. SPECIALTY INSURANCE COMPANY P.O. Box 797408, Dallas, TX 75379-7408 EXECUTED THIS 27th DAY OF Apr By , 2007 ~~~_. Authorized Representative The Certificate holder is included as an additional insured but only with respect to liability arising out of the Named Insured's maintenance or use of the airport. This is a Memorandum of Insurance and not a Policy of Insurance and no action may be brought hereunder. It is furnished only as evidence that the Insurance Policy described herein has been issued by this company. USS 20012 AL(01/06) Avemco Insurance Company 411 Aviation Way, Suite 100 Frederick, MD 21701 CERTIFICATE OF INSURANCE THIS CERTIFICATE IS ISSUED TO: Date: 04/30/2007 Clearwater Air Park Po Box 4748 Clearwater, FL 34618-4748 --DESCRIPTIVE SCHEDULE-- POLICYHOLDER: Sherif I. Sirageldin Unit 402 88005 Overseas HWY#9 Islamorada, FL 33036 POLICY NUMBER: 010109542906 POLICY PERIOD To: 05/03/2008 11 :59:59 P.M. 1975 CESSNA 177RG (local time at policyholder's address) From: 05/04/2007 12:00:01 A.M. INSURED AIRCRAFT: 177WS LIMITS OF LIABILITY: (125301) $ 100,000 each person $ 1,000,000 property damage $ 1,000,000 each accident The most current date shown in the top right corner is the most current certificate for this insured property, and replaces all certificates, if any, previously issued under this Policy number or any other Policy number. LIABILITY - Bodily Injury (Including Occupants) and Property Damage This Certificate of Insurance neither affirmatively nor negatively amends, extends or alters the coverage afforded by the Policy. It is issued as a matter of information only and confers no rights upon the certificate holder. DISTRIBUTION: Avemco Insurance Company ~Q.~ Authorized Representative Certificate Holder Policyholder NC-F1-1253(10/01/1998) Copy for the facility where your aircraft is based ". ~~~l~ ~':j The Certificate Holder shown on the front of this Certificate is an insured person under that definition of the Policy. However, they are an insured person only for their liability arising out of their agreement to let another insured person store or use the insured aircraft on their airport. THE CERTIFICATE HOLDER IS NOT AN INSURED PERSON WHEN THEIR LIABILITY ARISES OUT OF THEIR MANU- FACTURE, REPAIR, SERVICE, SALE OR USE OF THE INSURED AIRCRAFT. We also agree to waive our recovery rights against the Certificate Holder for loss to your insured aircraft (you do, too). We will notify the Certificate Holder when this Policy is cancelled. Notice will be sent at least 30 days before the cancellation date. Only 10 days' notice (or that notice required by your state, if more) will be given if we cancel for nonpayment of premium. If the Certificate Holder has other liability insurance, that insurance shall apply first. The addition of this Certificate Holder as an insured person does not increase the Limits of Liability on this policy.