CERTIFICATE OF LIABILITY INSURANCE

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ACORdt

CERTIFICATE OF LIABILITY INSURANCE

3/6/2015

DATE(MM/DD/YYYY)

THIS CERTIFICATE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE CERTIFICATE HOLDER. THIS CERTIFICATE DOES NOT AFFIRMATIVELY OR NEGATIVELY AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. THIS CERTIFICATE OF INSURANCE DOES NOT CONSTITUTE A CONTRACT BETWEEN THE ISSUING INSURER(S), AUTHORIZED REPRESENTATIVE OR PRODUCER, AND THE CERTIFICATE HOLDER.

IMPORTANT: if the certificate holder is an ADDITIONAL INSURED, the policy(les) must be endorsed. If SUBROGATION IS WAIVED, subject to

the terms and conditions of the policy, certain policies may require an endorsement. A statement on this certificate does not confer rights to the

certificate holder In Heu of such endorsement(s). PRODUCER

Angelo J. DeBellis Agency,

LLC

26 Elm Avenue

Hackensack,

NJ 07601

INSURED

Fairview Owners Corp

PAX:718-699-5618

61-20

Grand Central

Pkwy

Forest Hills,

NY 11375

718-271-1378

COVERAGES CERTIFICATE NUMBER:

CONTACT

NAME:

5 » W 201-489-1414

address-.&JDAGENCY6 AOL. COM

Producer customer ids:

TEC

Ia%W01-489-5504

IH8UHER(8) AFFORDMQ COVERAGE

INSURER A STARR INDEMNITY & LIABILITY CO. 38318

INSURER 8 GREAT AMERICAN INSURANCE CO. 37532

INSURER C CNA INSURANCE COMPANY 13188

INSURER D

INSURER E

INSURER F

REVISION NUMBER:

THIS IS TO CERTIFY THAT THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD

INDICATED. 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. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS.

UtSR LTR

B

TYPE OF INSURANCE GENERAL LIABILITY

COMMERCIAL GENERAL LIABILITY CLAIMS4MDE OCCUR

GBTL AGGREGATE LIMIT APPLIES PER:

POLICY I | jgCT I

ILOC

AUTOMOBILE LIABILITY

ANYAUTO ALL OWNED AUTOS SCHEDULED AUTOS HIRED AUTOS NON-OWNED AUTOS UMBRELLA LIAB EXCESS UAB OCCUR CLAIMS-MADE DEDUCTIBLE RETENTION $ WORKERS COMPENSATION AND EMPLOYERS' LIABILITY

ANY PROPRIETOR/PARTNER/EXECUTIVE i 1 OFFtCER/UEMBER EXCLUDED?

(HindttwyfaNH) ' '

Hyes, descr&e under

DESCRIPTION OP OPERATIONS below YIN DIRECTORS&OFFICERS LIABILITY IDS? POUCY NUMBER SIKCGF00827-02 SIKCGFOO827-02 UM30026834 0250618588

POLICY EFF | POLICY EXP

(MM/DDVyYYY) (Mwdd/yyyy) 10/25/14 10/25/14 10/25/14 10/25/14 10/25/15 10/25/15 10/25/15 10/25/15 LIMITS EACH OCCURRENCE UAMAGb lOKfcNIbU PREMISES (Ea occurrence) MED EXP(Any one person) PERSONAL &ADV INJURY GENERAL AGGREGATE PRODUCTS • COMP/OP AGG

COMBINED SINGLE LIMIT (Ea accident)

BODILY INJURY (Per pereon) BODILY INJURY (Per accident) PROPERTY DAMAGE (Per accident)

HIRED/NON-OWN

EACH OCCURRENCE AGGREGATE WC STATU TORY LIMITS E.L EACH ACCIDENT

OTH ER

$ 1,000,000

$

125,000

»T7

$ 2r

5,000

000,000

000,000

1,000,000

* 1,000,000

* 1

25tf

,000,000

000,000

.200,000,000

$ E.L DISEASE -EA EMPLOYEE $ E.L DISEASE - POLICY LIMIT $

$1,000,000./5,000.RET

DESCRIPTION OFOPERATIONS / LOCATIONS / VEHICLES (Attach ACORD101. Additional Remarks Schedule, ifmorespace is required)

CERTIFICATE HOLDER IS NAMED AS ADDITIONAL INSURED.

LOAN #20190,

PROPERTY/COLLATERAL ADDRESS UNDER LIABILITY CERTIFICATE TO READ AS: 61-20 GRAND CENTRAL PKY.

FOREST HILLS,NY.WAIVER OF SUBROGATION FORM CG241093 IN FAVOR OF AMALGAMATED BANK. (CONT.PG2)

CERTIFICATE HOLDER CANCELLATION

AMALGAMATED BANK

ITS SUCCESSORS AND/OR ASSIGNS,

ATIMA

276 SEVENTH AVENUE,6TH FLOOR

NEW YORK,NY 10001

EFFECTIVE 3/16/15

i

SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE

THE EXPIRATION DATE THEREOF, NOTICE WILL BE DELIVERED IN

ACCORDANCE WITH THE POUCY PROVISIONS.

AUTHORIZED gtyKE5ENlA>ft<E

ACORD25 (2009/09)

© MJ88-2009 ACORD CORPORATION. All rightsreserved. The ACORD name and logo are registered markswf ACORD

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&

A l C O K D AGENCY CUSTOMER ID:

LOC#:

ADDITIONAL REMARKS SCHEDULE

Page 2

of 2

AGENCY

ANGELO J DEBELLIS AGENCY LLC

NAMED INSURED

Fairview Owners Corp

FAX:718-699-5618

61-20 Grand Central Pkwy

Forest Hills, NY 11375 POLICY NUMBER VARIOUS CARRIER VARIOUS NAICCODE EFFECTIVE DATE: 10/25/14-15 ADDITIONAL REMARKS

THIS ADDITIONAL REMARKS FORM ISA SCHEDULE TO ACORD FORM,

FORM NUMBER: 25 FORM TITLE: CERTIFICATE OF LIABILITY INSURANCE

CANCELLATION, SHOULD ANY OF THE DESCRIBED POLICIES BE CANCELED BEFORE THE EXPIRATION DATE THEREOF, THE ISSUING INSURER WILL ENDEAVOR TO MAIL 30 DAYS WRITTEN NOTICE TO THE CERTIFICATE HOLDER NAMED, BUT FAILURE TO DO SO SHALL IMPOSE NO OBLIGATION OR LIABILITY OF ANY KIND UPON THE INSURERS,ITS AGENTS OR REPRESENTATIVES.

EFFECTIVE 3/16/15.

ACORD101 (2008/01)

It'

I*

•pr

© 2008 ACORD CORPORATION. All rights reserved. The ACORD name and logo are registered marks of ACORD

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a c o r d

EVIDENCE OF COMMERCIAL PROPERTY INSURANCE

DATE(MMTOD/YYYY)

3/6/2015

THIS EVIDENCE OF COMMERCIAL PROPERTY INSURANCE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE ADDITIONAL INTEREST NAMED BELOW. THIS EVIDENCE OF COMMERCIAL PROPERTY INSURANCE DOES NOT AMEND, EXTEND OR ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW.

PRODUCER NAME.

CONTACT PERSON AND ADDRESS

Angelo

J.

DeBellis Agency,

LLC

26 Elm Avenue

Hackensack,

NJ 07601

££„.):

201-489-5504

aSss: AJDAGENCYQAOL. COM

AGENCY

CUSTOMER ID «:

NAMED INSURED AND ADDRESS

Fairview Owners

Corp.&

GRANDWAY ASSOC

61-20 Grand Central Pkwy

Forest Hills,

NY 11375

ADDITIONAL NAMED INSURED(S)

COMPANY NAME AND ADDRESS NAICNO: 36161

TRAVELERS INSURANCE COMPANY 445 SOUTH STREET

MORRISTOWN,NJ 07960

IF MULTIPLECOMPANIES, COMPLETE SEPARATE FORM FOR EACH

POLICY TYPE COMMERCIAL PROPERTY LOAN NUMBER 20190 EFFECTIVE DATE

10/25/14

EXPIRATION DATE

10/25/15

THIS REPLACES PRIOR EVIDENCE DATED:

POUCY NUMBER

KTQCMB6D84190-614

CONTINUED UNTIL TfcKMlNATdD IF CHECKED

SI BUILDING OR CI BUSINESS PERSONAL PROPERTY PROPERTY INFORMATION (Use REMARKS on page 2, if more space is required)

LOCATION/DESCRIPTION LOC#01

61-20 GRAND CENTRAL PARKWAY, FORE ST HILLS,

NY 11375

THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING

ANY REQUIREMENT,TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENTWITH RESPECT TO WHICH THIS EVIDENCE OF PROPERTY INSURANCEMAY BE ISSUEDOR MAY PERTAIN, THE INSURANCE AFFORDED BYTHE POLICIES DESCRIBED HEREIN IS SUBJECT TO ALLTHE TERMS, EXCLUSIONS AND CONDITIONS OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS.

COVERAGE INFORMATION PERILS INSURED BASIC BROAD X SPECIAL

COMMERCIAL PROPERTY COVERAGE AMOUNT OF INSURANCE:

$

86,520,000.00

DED:

$10,000.00

YES NO N/A

Kl BUSINESS INCOME Q RENTALVALUE X IfYES. LIMIT: 6,000,000 ActualLossSuslained;#of months: BLANKET COVERAGE X lfYES,indicatevalue(s)reportedonpropertyidentifiedabove:$

TERRORISM COVERAGE X Attach Disclosure Notice/ DEC

IS THERE A TERRORISM-SPECIFIC EXCLUSION? X

IS DOMESTIC TERRORISM EXCLUDED? X

LIMITED FUNGUS COVERAGE X IfYES.LIMIT: 15,000.00 DED: 10, 000.

FUNGUSEXCLUSIONOfYES-.specifyorganization'sformused) X

REPLACEMENT COST X

AGREED VALUE X

COINSURANCE X IfYES. %

EQUIPMENT BREAKDOWN (IfApplicable) X IfYES.LIMIT: 92,600,000 DED: 10, 000

ORDINANCE OR LAW -Coverageforlosstoundamagedportionofbtdg X

-Demolition Costs X IfYES.LIMIT

10,000,000

DED:10,000.

-Incr.Costof Construction X IfYES.LIMIT INCLUDED DED: INCLUDED

EARTHMOVEMENT(lfApplteabte) X IfYES.LIMIT 2,500,000 DED: 100,000

FLOOD (IfApplicaWe) X IfYES, LIMIT 2,500,000 DED: 100,000

WIND/HAIL(lfSubjecttoDifferentProvisions) X IfYES.LIMIT DED: PERMISSION TO WAIVE SUBROGATION IN FAVOR OF MORTGAGE

HOLDER PRIOR TO LOSS X

CANCELLATION

SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF. THE ISSUING INSURER WILL ENDEAVOR TO

MAIL 30 DAYS WRITTEN NOTICE TOTHEADDITIONAL INTEREST NAMED BELOW. BUT FAILURE TOMAIL SUCH NOTICE SHALL IMPOSE NO OBLIGATION

OR LIABILITY OF ANYKIND UPON THE INSURER. ITS AGENTS OR REPRESENTATIVES.

ADDITIONAL INTEREST

MORTGAGEE

LENDERS LOSS PAYABLE

CONTRACT OF SALE

LOSS PAYEE

LENDER SERVICING AGENT NAME AND AODRES3

NAME AND ADDRESS

AMALGAMATED BANK

ITS

SUCCESSORS AND/OR ASSIGNS ,ATIMA

275 SEVENTH AVENUE,6TH FLOOR

NEW YORK,NY 10001

EFFECTIVE

3/16/15

ACORD 28 (2006/07) Pagel of 2

The ACORD name and logo are registered "mark

(CORD CORPORATION 2003-2006. All rights reserved. ACORD

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EVIDENCE OF COMMERCIAL PROPERTY INSURANCE REMARKS - Including Special CondiUons (Use only Ifmore spaceis required)

#1. ADDITIONAL INTEREST IS NAMED AS MORTGAGEE & LOSS PAYEE.

90 DAY EXTENDED PERIOD OF INDEMNITY FOR BUSINESS INCOME.

LOAN NUMBER EFFECTIVE 3/16/2015 #20190.

30 DAYS WRITTEN NOTICE TO THE ADDITIONAL INTEREST PER CANCELLATION

CLAUSE SHOWN ON EVIDENCE OF COMMERCIAL PROPERTY INSURANCE.

#2.

#3.

#4. ACORD28(2006/07)

ot\

s

Page 2 of 2

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DATE(MWDIWYYYY) 3/6/2015

acorc? EVIDENCE OF COMMERCIAL PROPERTY INSURANCE

THIS EVIDENCE OF COMMERCIAL PROPERTY INSURANCE IS ISSUED AS A MATTEROF INFORMATION ONLYAND CONFERS NO RIGHTS UPON THE ADDITIONAL INTEREST NAMED BELOW. THIS EVIDENCE OF COMMERCIAL PROPERTY INSURANCE DOES NOT AMEND, EXTEND OR

ALTER THE COVERAGE AFFORDED BY THE POLICIES BELOW. ^ _ ^ _

PRODUCER NAME,

CONTACT PERSON AND ADDRESS

PHONE

WC.No.E»l); 201-489-1414

Angelo J. DeBellis Agency,

LLC

26 Elm Avenue

Hackensack,

NJ 07601

FAX on, -00 eca* EMAIL (A/C.Noj: 201-489-5504 | ADDRESS;

AGENCY CUSTOMER ID ft

NAMED INSURED AND ADDRESS

ajdagencyQaol.com

Fairview Owners Corp

& GRANDWAY ASSOC.

61-20 Grand Central Pkwy

Forest Hills,

NY 11375

ADDITIONAL NAMEDINSURED^)

COMPANY KAME AND ADDRESS NA1CNO: 36161 TRAVELERS INSURANCE COMPANY

445 SOUTH STREET

MORRISTOWN,

NJ 07960

IF MULTIPLE COMPANIES, COMPLETE SEPARATE FORM POR EACH POLICY TYPE COMMERCIAL PROPERTY LOAN NUMBER 20190 EFFECTIVE DATE

10/25/14

EXPIRATION DATE

10/25/15

THIS REPLACES PRIOR EVIDENCE OATED:

POLICY NUMBER

KTQCMB6D84190-614

CONTINUED UNTIL TERMINATED IF CHECKED

PROPERTY INFORMATION (Use REMARKS on page 2, if more space Is required) IS> BUILDING OR • BUSINESS PERSONAL PROPERTY

LOCATION/DESCRIPTION

LOC #02 CLUB HOUSE

61-20 GRAND CENTRAL PKWY.FOREST HILLS,NY 11375s

THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POUCY PERIOD INDICATED. NOTWITHSTANDING ANYREQUIREMENT, TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITHRESPECT TO WHICH THIS EVIDENCEOF PROPERTY INSURANCE MAY

BEISSUED OR MAY PERTAIN, THEINSURANCE AFFORDED BYTHEPOLICIES DESCRIBED HEREIN IS SUBJECTTO ALL THETERMS, EXCLUSIONS AND CONDITIONS

OF SUCH POLICIES. LIMITS SHOWN MAY HAVE BEEN REDUCED BY PAID CLAIMS.

COVERAGE INFORMATION PERILS INSURED BASIC BROAD X SPECIAL

COMMERCIAL PROPERTY COVERAGE AMOUNT OF INSURANCE: $ 1,442,000.00 DED: $10,000.00

YES NO WA

BQ BUSINESS INCOME Q RENTAL VALUE X IfYES.LIMIT: 700,000 X Actual LossSustained:#ofmonths:

BLANKET COVERAGE X IfYES, indicatevalue(s)reportedonprop8rty(dentifi8dabove:$ TERRORISM COVERAGE X Attach Disclosure Notice/DEC

IS THERE A TERRORISM-SPECIFIC EXCLUSION? X

IS DOMESTIC TERRORISM EXCLUDED? X

LIMITED FUNGUS COVERAGE X lfYES,LIMrT: $15 , Q00 . 00 DED: $10 .000 .

FUNGUSEXCLUSION^fYES-.spedfyorganizallon'sformused) X

REPLACEMENT COST X

AGREED VALUE X

COINSURANCE X IfYES. %

EQUIPMENT BREAKDOWN (IfApplicable) X lfYES.LIMIT: 1,442,000 °ED: 10 ,000 .

ORDINANCE OR LAW - Coverage for lossto undamaged portion of bldg X

-Demolition Costs X IfYES, LIMIT 1,442,000 DED: io ,000. -Incr. Costof Construction X IfYES.LIMIT INCLUDED DED: INCLUDED

EARTHMOVEMENT^Applicable) X IfYES, LIMIT

2,500,000

ded:

100,000

FLOOD(lfApplicable) X IfYES. LIMIT 2,500,000 DED: 100,000

WIND/HAIL(lfSubjecttoDifferentProvislfins) X IfYES.LIMIT DED: PERMISSION TO WAIVE SUBROGATION IN FAVOR OF MORTGAGE

HOLDER PRIOR TO LOSS X

CANCELLATION

SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF. THE ISSUING INSURER WILL ENDEAVOR TO

MAIL

30

DAYS WRITTEN NOTICE TO THE ADDITIONAL INTEREST NAMED BELOW, BUT FAILURE TOMAIL SUCH NOTICE SHALL IMPOSE NO OBLIGATION

OR LIABILITY OF ANY KIND UPON THE INSURER, ITS AGENTS OR REPRESENTATIVES.

ADDITIONAL INTEREST

MORTGAGEE

LENDERS LOSS PAYABLE

NAME AND ADDRESS

AMALGAMATED BANK

CONTRACT OF SALE

LOSS PAYEE

ITS SUCCESSORS AND/OR ASSIGNS ,ATIMA

275 SEVENTH AVENUE,6TH FLOOR

NEW YORK,NY 10001

EFFECTIVE 3/16/15

ACORD28 (2008/07)

LENDER SERVICING AGENT NAME AND ADDRESS

AUTHORIZED REP

Page 1of2

A ©AtfORD CORPORATION 2003-2006. All rights reserved.

The ACORD name and logo are registered marks of ACORD

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EVIDENCE OF COMMERCIAL PROPERTY INSURANCE REMARKS - Including Special CondiUons (Use only if more space Is required)

#1. ADDITIONAL INTEREST IS NAMED AS MORTGAGEE

& LOSS PAYEE.

#2. 90 DAY EXTENDED PERIOD OF INDEMNITY FOR BUSINESS INCOME.

#3. LOAN NUMBER EFFECTIVE 3/16/2015 #20190.

#4. 30 DAYS WRITTEN NOTICE TO THE ADDITIONAL INTEREST PER CANCELLATION

CLAUSE SHOWN ON EVIDENCE OF COMMERCIAL PROPERTY INSURANCE.

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ACORCf

EVIDENCE OF PROPERTY INSURANCE

DATE(MWWVYYYY)

THIS EVIDENCE OF PROPERTY INSURANCE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE ADDITIONAL INTEREST NAMED BELOW. THIS EVIDENCE OF PROPERTY INSURANCE DOES NOT AMEND, EXTEND OR ALTER THE COVERAGE

AFFORDED BY THE POLICIES BELOW.

AGENCY PHONE

(201)489-1414

ANGELO J DEBELLIS AGENCY LLC

26 Elm Avenue

Hackensack,

NJ 07601

gg.^ (201)489-5504 | gffSjssT

Aa&NCY CU8TOMER1DC;

a-idaqancy@aol. com

Fairview Owners Corp

61-20 Grand Central Pkwy

Forest Hills,

NY 11375

PROPERTY INFORMATION

LOCATION/DESCRIPTION

61-20 GRAND CENTRAL PKWY

FOREST HILLS,

NY 11375

COMPANY

CNA INSURANCE COMPANIES

LOAN NUMBER 20190 EFFECTIVE DATE

10/25/14

EXPIRATION DATE

10/25/15

THIS REPLACES PRIOR EVIDENCE DATED:

POUCY NUMBER

0250660534

CONTINUED UNTIL TERMINATED IF CHECKED

THE POLICIES OF INSURANCE LISTED BELOW HAVE BEEN ISSUED TO THE INSURED NAMED ABOVE FOR THE POLICY PERIOD INDICATED. NOTWITHSTANDING ANY REQUIREMENT. TERM OR CONDITION OF ANY CONTRACT OR OTHER DOCUMENT WITH RESPECT TO WHICH THIS EVIDENCE OF PROPERTY INSURANCE MAY BE ISSUED OR MAY PERTAIN, THE INSURANCE AFFORDED BY THE POLICIES DESCRIBED HEREIN IS SUBJECTTOALL THETERMS, EXCLUSIONS AND CONDITIONS OF SUCHPOLICIES. LIMITS SHOWN MAY HAVE BEENREDUCED BYPAID CLAIMS. COVERAGE INFORMATION

COVERAGE / PERILS / FORMS

EMPLOYEE DISHONESTY / INCLUDING MGT.A6T. /CARLSON REALTY

FORGERY OR ALTERATION

THEFT,

DISAPPEARANCE,

&

DESTRUCTION

COMPUTER FRAUD/WIRE FRAUD

REMARKS (Including Special Conditions) FAIRVIEW OWNERS CORP. 61-20 GRAND CENTRAL PKWY.

FOREST HILLS,

NY

11375

CANCELLATION AMOUNT OF INSURANCE 1,500,000.00

25,000.00

25,000.00

1,500,000.00 DEDUCTIBLE 10,000.00 250.00 NONE 10,000.00

SHOULD ANY OF THEABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF. THE ISSUING INSURER WILL ENDEAVOR TO

MAIL

30

DAYS WRITTEN NOTICE TOTHE ADDITIONAL INTEREST NAMED BELOW, BUT FAILURE TOMAIL SUCH NOTICE SHALL IMPOSE NO OBLIGATION

ORLIABILITY OFANY KIND UPON THEINSURER, ITSAGENTS OR REPRESENTATIVES.

ADDITIONAL INTEREST

NAME AND ADDRESS

AMALGAMATED BANK

ITS SUCCESSORS AND/OR ASSIGNS, ATIMA

275 SEVENTH AVENUE

NEW YORK,NJ 10001

EFFECTIVE 3/16/15

ACORD27 (2006/07) MORTGAGEE LOSS PAYEE LOANS ADDITIONAL INSURED

S^fr*4%^-©ACCORD CORPORATION 1993-2005. All rights reserved.

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