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Agency Code 15- 0936 -00 Policy Number 91 -159- 372 -01 <br />54703 (8 -94) <br />THIS ENDORSEMENT CHANGES THE POLICY. PLEASE READ IT CAREFULLY. <br />ADDITIONAL INSURED - MANAGERS OR LESSORS <br />OF PREMISES <br />This endorsement modifies insurance provided under the following: <br />BUSINESSOWNERS POLICY <br />SCHEDULE* <br />Designation of Premises (Part Leased to You): <br />200 N GREENSBORO ST STE C2 <br />Name of Person or Organization (Additional Insured): <br />CARR MILL MALL LIMITED PARTNERSHIP <br />PO BOX 673 <br />CARRBORO, NC 27510 <br />Additional Premium: <br />A. The following is added to Paragraph C. WHO IS AN INSURED in the Businessowners Liability Coverage Form: <br />4. The person or organization shown in the Schedule is also an insured, but only with respect to liability aris- <br />ing out of the ownership, maintenance or use of that part of the premises leased to you and shown in the <br />Schedule. <br />B. The following exclusions are added: <br />This insurance does not apply to: <br />1. Any "occurrence" that takes place after you cease to be a tenant in the premises described in the Sched- <br />ule. <br />2. Structural alterations, new construction or demolition operations performed by or for the person or organi- <br />zation designated in the Schedule. <br />The limits of insurance for the additional insured are those specified in the written contract or agreement between <br />the insured and the person or organization named above, not to exceed the limits provided in this policy. These <br />limits are inclusive of and not in addition to the limits of insurance shown in the Declarations. <br />* Information required to complete this Schedule, if not shown on this endorsement, will be shown in the Declara- <br />tions. <br />Includes copyrighted material of Insurance Services Office, Inc., with its permission <br />Copyright, Insurance Services Office, Inc., 1984, 1985 <br />