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2. If coverage provided to the additional insured is required by a contract or agreement, the insurance afforded to such <br />additional inswed will not be broader than that which you are tequired by the contract or agreement to provide for <br />such additional insured. <br />B. With respect to the insurance afforded to ihese additional insureds, the following is added to Section III * Limits Of <br />Insurance: <br />If coverage provided to the additional insured is required by a contract or agreement, the most we will pay on behalf of <br />the additional insured is the amount of insurance: <br />1. Required by the contact or agreement; or <br />2. Available under the applicable Limits of Insurance shown in the Declarations; <br />whichever is less. <br />This endorsement shall not increase flre applicable Limits of tnsurance shown in the Declarations. <br />ADDITIONAL INSURED - MORTGAGEE, ASSIGNEE OR RECEIVER <br />(Insurance Services Oflice Endorsement CG 20 18 04 13) <br />SCHEDULE <br />A. Section II - Who Is An Insured is amended to include as an additional insrned the person(s) or organization(s) shown <br />in the Schedule, but only with respect to their liability as mortgagee, assignee, or receivil and arising out of tlre <br />ownership, maintenance, or use of the premises by you and shown in the Schedule. <br />However; <br />1. The insurance afforded to such additional insured only applies to the extent permitted by law; and <br />2. Ifcoverage provided to the additional insured is required by a contract or agreement, the insurance afforded to such <br />additionai insued will not be broader than that which you are reqr.rired by the contract or agreement to provide for <br />such additional insured. <br />B. This insurance does not apply to structural alterations, new construction and demolition operations performed by or for <br />that person or organization. <br />C. With respect to the insurance afforded to these additional insureds, the following is added to Section III - Limits Of <br />Insurance: <br />If coverage provided to the additional insured is requitecl by a contract or agreement, the most we will pay on behalf of <br />the additional insr.red is the anrount of insurance: <br />1. Required by the contract or agreemenl; or <br />2. Available rmder the applicable Lunits of Insurance shown in the Declarations; <br />whichever is less. <br />This endorsement shall not increase the applicable Limits of lnsurance shown in the Declarations. <br />Includes copyrighted material of Insurance Services Office, [nc., <br />with its permission. <br />Name Of Person(s) Or Organization(s)Designation Of Premises <br />Aly person or organization that is a mortgagee, asslgnee or <br />receiver for a premises shown in this Schedule, but only if <br />coveragc as an additional insured is required by a written <br />contractor written agreementthat is an "insured contract", and <br />provided the "bodily rqiury" or "property damage" first <br />occurs, or the "personal and advertising injury" offense is first <br />committed, subsequent to the execution of the contract or <br />agreement. <br />A11 premises covered by this insurance. <br />Information required to complete this if not shou,n witl be shown in the Declarations. <br />AD 68 93 0225 Page 7 of9 tr