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Form SP 00 00 10 18 Page 14 of 19 © 2018, The Hartford (May include copyrighted material of Insurance Services Office, Inc., with its permission) We will pay recovery expenses and the expenses to repair the recovered property,subject to the Limits of Insurance. 7.Salvage In the event we pay to replace Covered Property or any component thereof,we retain our right to salvage such property. 8.Vacancy a.Description of Terms (1)As used in this Vacancy Condition,the term building and the term vacant have the meanings set forth in Paragraphs (a)and (b)below: (a)When this Coverage Part is issued to a tenant,and with respect to that tenant’s interest in Covered Property,building means the unit or suite rented or leased to the tenant.Such building is vacant when it does not contain enough Business Personal Property to conduct customary operations. (b)When this Coverage Part is issued to the owner or general lessee of a building,building means the entire building. Such building is vacant unless at least 31% of its total square footage is: (i)Rented to a lessee or sub-lessee and used by the lessee or sub-lessee to conduct its customary operations; and/or (ii)Used by the building owner to conduct customary operations. (2)Buildings under construction or renovation are not considered vacant. b.Vacancy Provisions If the building where loss or damage occurs has been vacant for more than 60 consecutive days before that loss or damage occurs: (1)We will not pay for any loss or damage caused by any of the following even if they are Covered Causes of Loss: (a)Vandalism; (b)Sprinkler leakage, unless you had protected the system against freezing; (c)Building glass breakage; (d)Water; (e)Theft; or (f)Attempted theft. (2)With respect to Covered Causes of Loss other than those listed in b.(1)(a)through b.(1)(f)above,we will reduce the amount we would otherwise pay for the physical loss or physical damage by 15%. F.PROPERTY GENERAL CONDITIONS 1.Control of Property Any act or neglect of any person other than you beyond your direction or control will not affect this insurance. The breach of any condition of this Coverage Form at one or more locations will not affect coverage at any location where, at the time of loss or damage, the breach of condition does not exist. 2.Mortgageholders a.The term mortgageholder includes trustee. b.We will pay for covered loss of or damage to buildings or structures to each mortgageholder shown in the Declarations in their order of precedence, as interests may appear. c.The mortgageholder has the right to receive loss payment even if the mortgageholder has started foreclosure or similar action on the building or structure. d.If we deny your claim because of your acts or because you have failed to comply with the terms of this Policy, the mortgageholder will still have the right to receive loss payment if the mortgageholder: (1)Pays any premium due under this Policy at our request if you have failed to do so; Docusign Envelope ID: 9DF92A24-B534-85BA-8088-342315DF1839