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OREGON CERTIFICATE OF STORAGE INSURANCE New Hampshire Insurance Company 175 Water Street New York NY 10038 Master Policy 10570468 Certificate _______________________________ This Certificate of Storage Insurance hereinafter Certificate provides evidence of coverage under Master Policy 10570468 hereinafter Policy Various provisions in this Certificate restrict coverage Read the entire Certificate carefully to determine rights duties and what is and is not covered In this Certificate the person who is named as a tenant in the Rental Agreement and has elected insurance coverage under this Policy will be referred to as you and your The words we us and our refer to the Company providing this insurance Other words and phrases that appear in bold type have special meaning Refer to the DEFINITIONS section at the end of this Certificate INSURING AGREEMENT We will provide insurance under this Policy in consideration of your payment of the Premium corresponding to the Limit of Coverage elected by you as shown on the Election Agreement The most we will pay is the Limit of Coverage as indicated on the Election Agreement We will not pay more than the Limit of Coverage per occurrence for all insured property while in storage within the enclosed storage space described in the Rental Agreement For the purpose of identification and reference the certificate number assigned on your Election Agreement is deemed to be the Certificate Number assigned to this Certificate CERTIFICATE PERIOD The insurance coverage will become effective under each Certificate on the Coverage Effective Date indicated on the Election Agreement at 12 01am standard time at the storage facility address shown in the Rental Agreement The insurance attaches from such time until the termination of the Rental Agreement or when cancelled or non renewed as provided herein However coverage will not become effective while the storage facility is under a wildfire tornado tropical storm or hurricane watch or warning until 12 01am the day after the watch or warning is lifted PROPERTY INSURED The personal property insured under this Certificate consists of your personal property while in storage within the enclosed storage space described in the Rental Agreement We will also cover the personal property of others for which you may be liable or have assumed liability prior to a loss while in storage within the enclosed storage space described in the Rental Agreement However we will not cover the property of the Owner whether it is within or outside such enclosed storage space COVERED CAUSES OF LOSS We cover direct physical loss to insured property only while within the enclosed storage space described in the Rental Agreement and caused by the following 1 Fire damage by objects falling from aircraft 2 Lightning 7 Smoke causing sudden and accidental loss or damage 3 Windstorm or Hail 8 Vandalism meaning willful and malicious damage to or destruction of the 4 Explosion or Sonic Boom insured property 5 Riot or Civil Commotion including a Acts of striking employees and 9 Falling Objects provided the exterior of the building containing the insured b Looting occurring at the time and place of a riot or civil commotion property is first damaged by such falling objects 6 Aircraft or Vehicles meaning only physical contact of an aircraft a 10 Weight of Ice Snow or Sleet 11 Water Damage except as excluded under subparagraphs 2 b 2 c 2 d spacecraft a self propelled missile a vehicle or an object thrown by a vehicle with the insured property or with the building or structure containing 2 e 2 f and 2 p in EXCLUSIONS the insured property provided that the exterior of the building containing the 12 Collapse of Buildings containing the insured property insured property is first damaged This cause of loss includes loss or ADDITIONAL COVERAGES We will also provide these additional coverages up to the amounts stated below These additional coverages do not increase the Limit of Coverage 1 Burglary We will pay up to the percentage of the Limit of Coverage you elected in your Election Agreement for loss by Burglary The term Burglary means the act of stealing insured property by forcible entry into the storage space described in the Rental Agreement and must be evidenced by visible signs of forced entry However this coverage only applies when such storage space is securely locked at the time of the forcible entry and does not apply to the lien enforcement procedures by the Owner A missing lock or the presence of a lock different than the lock placed by you on the storage space is not sufficient standing alone to establish forcible entry In the event of a Burglary claim you will bear the burden of proof to establish that a burglary has occurred In the event of a Burglary Claim you or the Owner must immediately report such Burglary to the appropriate law enforcement agency 2 Robbery We will pay up to the percentage of the Limit of Coverage you elected in your Election Agreement for loss by Robbery The term Robbery means the act of stealing insured property by violence or threat of violence against you or the Owner in order to gain unlawful access into the storage space described in the Rental Agreement In the event of a claim of a Robbery you or the Owner must immediately report the Robbery to the appropriate law enforcement agency 3 Debris Removal We will pay your reasonable expense to remove debris of insured property caused by or resulting from a covered cause of loss up to 25 of the Limit of Coverage 4 Transit We will pay up to 100 of the Limit of Coverage for loss by fire or by the collision or overturn of a motor vehicle or trailer upon which insured property is being transported while such property is in transit to or from the storage facility provided such transit is within 100 miles of the storage space described in the Rental Agreement 5 Extra Rental Expense We will pay up to 25 of the Limit of Coverage to cover the reasonable extra expense necessarily incurred by you for the rental of substitute storage when occupancy of the storage space described in the Rental Agreement is prevented as a result of direct physical loss or damage to the storage space as a result of a covered cause of loss 6 Vermin We will pay up to no more than the lesser of twenty five percent 25 of the Limit of Coverage or 1000 under this Certificate to cover loss or damage by Vermin to insured property while in the enclosed storage space For the purposes of this Additional Coverage Vermin means various small animals including but not limited to rodents and or insects that are destructive However we will not pay for any loss or damage caused by the Cimicidae family of insects bed bugs Additionally we will not pay for loss or damage to insured property under this Additional Coverage if any food food product or ingestible is stored in the storage space with the insured property EXCLUSIONS 1 Insured property does not include a Accounts bills currency deeds food stamps other evidences of debt contracts titles money notes securities or lottery tickets b Animals c Jewelry watches semi precious precious stones furs or garments trimmed with fur d Firearms and ammunition e Contraband explosives or property in the course of illegal transportation or trade f Valuable papers and records including those which exist as electronic data g Photographs h Property in the storage facility against which the Owner has begun lien enforcement procedures i Property not placed within the enclosed storage space described in the Rental Agreement except as provided under Paragraph 4 Transit of ADDITIONAL COVERAGES 2 We will not pay for loss or damage caused directly or indirectly by any of the following Such loss or damage is excluded regardless of any other cause or event that contributes concurrently or in any sequence to the loss a Wear and tear gradual deterioration decay inherent vice latent defect or vermin except as provided under Paragraph 6 Vermin of ADDITIONAL COVERAGES 109297 05 16 b Presence growth proliferation spread or any activity of fungus including mold or mildew and any mycotoxins spores scents or by products produced or released by fungi wet or dry rot or bacteria c Atmospheric conditions and or changes in temperature such as freezing relative humidity or the presence of condensation or humidity moisture or vapor d Loss of use or loss of market e Flood surface water waves tides tidal waves overflow of any body of water or their spray all whether driven by wind or not f Water or other water borne materials under the surface of the ground that back up or overflow from a sewer pipe drain or sump including such water or water borne materials that exert pressure on or seep leak or flow through a building sidewalk driveway foundation walls floors doors windows or other openings or other structure g War including undeclared or civil war or warlike action by a military force including action in hindering or defending against an actual or expected attack by any government sovereign or other authority using military personnel or naval or other agents war including undeclared or civil war h Insurrection rebellion revolution usurped power or action taken by governmental authority in hindering or defending against any of these i Nuclear reaction or radiation or radioactive contamination however caused But if nuclear reaction or radiation or radioactive contamination results in fire we will pay for the loss or damage caused by that fire j Intentional loss meaning any loss arising out of any act that you commit or you conspire to commit with the intent to cause a loss Page 1 of 2 Includes copyrighted material of Insurance Services Office Inc with its permission All rights reserved

k Seizure or destruction of insured property by order of governmental authority But we will pay for loss or damage caused by or resulting from acts of destruction ordered by governmental authority and taken at the time of a fire to prevent its spread if the fire would be covered under this Certificate l Smoke from cigarettes cigars pipes or other similar smoking products m Your neglect in using all reasonable means to save and preserve the insured property from further damage at and after the time of loss n Contaminants or hazardous materials o Mysterious disappearance of insured property p Mechanical breakdown short circuiting blowout or other electrical disturbance to the insured property q Earth Movement including a Earthquake including any earth sinking rising or shifting related to such event b Landslide including any earth sinking rising or shifting related to such event or c Sinkhole Collapse meaning loss or damage caused by the sudden sinking or collapse of land into underground empty spaces created by the action of water on limestone or dolomite But if Earth Movement results in fire or explosion we will pay for the loss or damage caused by that fire or explosion VALUATION The value of the insured property will be determined at the time of the loss or damage and will be the least of the following amounts 1 The Actual Cash Value of the lost or damaged insured property 2 The cost of repairs to the damaged insured property 3 The cost of replacing the lost or damaged insured property with other property of like kind and quality PAIR SET OR PARTS 1 In case of loss to any part of a pair or set we may a repair or replace any part to restore the pair or set to its valuation before the loss or b pay the difference between the Actual Cash Value of the pair or set before and after the loss 2 In case of loss to any part of insured property consisting of several parts when complete we will pay only for the valuation of the lost or damaged part OTHER INSURANCE Except for losses caused by a named hurricane named tropical storm wildfire or tornado if a loss covered by this Certificate is also covered by other insurance this insurance shall be primary over any other valid and collectible insurance available to you unless elected otherwise by you In the event of a loss as a result of a named hurricane or named tropical storm wildfire or tornado this Certificate will pay only the proportion of the loss that the Limit of Coverage bears to the total amount of insurance covering the loss DUTIES IN THE EVENT OF LOSS OR DAMAGE 1 You must do the following in the event of loss or damage to the insured property Notify the police in the case of Burglary or Robbery or if a law has been broken 2 a Give us or an authorized claim representative immediate written notice of the loss or damage Provide us with photographic evidence of the damaged property and a complete inventory of the damaged or stolen property including quantities values and the amount of loss claimed b The Insured must give us or an authorized claim representative notice of any loss or damage within ten 10 days of the Insured vacating the storage space as described in the Rental Agreement or termination of the Insured s coverage 3 Give us a description of how when and where the loss or damage occurred including the names addresses and telephone numbers of any witnesses 4 Take all reasonable steps to protect the insured property from further damage 5 Send us a signed sworn proof of loss containing the information we request to investigate the claim You must do this within 90 days after you receive the necessary forms from us 6 Cooperate with us in the investigation or settlement of the loss 7 In the event of a Transit loss notify the police fire department or other appropriate law enforcement agency whenever another party is involved and as per applicable local or state legal requirements CONCEALMENT MISREPRESENTATION AND FRAUD 1 Subject to Paragraphs 2 and 3 below this entire Certificate will be void if whether before or after a loss you have willfully concealed or misrepresented any material fact or circumstance concerning this insurance or the subject of it or your interest in it or in case of any fraud or false swearing by you relating to it 2 All statements made by you or on your behalf in the absence of fraud will be deemed representations and not warranties No such statements that arise from an error in the application will be used in defense of a claim under this Certificate unless a The statements are contained in a written application and b A copy of the application is endorsed upon or attached to this Certificate when issued 3 In order to use any representation made by you or on your behalf in defense of a claim under the Certificate we must show that the representations are material and that we relied on them EXAMINATION UNDER OATH Before recovering for any loss if requested you will 1 Permit us to inspect the damaged property before it is disposed of or repaired 2 Send us a signed sworn proof of loss containing the information we request to investigate the claim You must do this within 90 days after you receive the necessary forms from us 3 Agree to examinations under oath at our request 4 Produce others for examination under oath at our request 5 Provide us with all pertinent records needed to prove the loss and 6 Cooperate with us in the investigation or settlement of the loss APPRAISAL If we and you disagree on the value of the property or the amount of loss both parties may agree to an appraisal of the loss and to be bound by the results of that appraisal If both parties so agree then each party will select a competent and disinterested appraiser and notify the other of the appraiser selected within 20 days of such request The two appraisers will select a competent and disinterested umpire and failing for 15 days to agree upon such umpire then on request of you or us such umpire shall be selected by a judge of a court of record in the state in which the property covered is located The appraisers will then appraise the loss stating separately the actual cash value of the property and amount of loss to each item and failing to agree they will submit their differences only to the umpire An award in writing so itemized of any two when filed with us will determine the amount of actual cash value and loss Each party will 1 Pay its chosen appraiser and 2 Bear the other expenses of the appraisal and umpire equally If there is an appraisal we will still retain our right to deny the claim LOSS PAYMENT OTHER RECOVERIES We will pay for covered loss or damage within 30 days after we have reached agreement with you on the amount of the loss or an appraisal award has been made whichever is earlier We will not be liable for any part of a loss which has been paid by others LOSS SETTLEMENT At our option we may take all or any part of the damaged property at the agreed or appraised value We may elect to repair rebuild or replace the property destroyed or damaged with other of like kind and quality within a reasonable time on giving notice of our intention to do so within 30 days after the receipt of your properly executed proof of loss There can be no abandonment of any property to us LEGAL ACTION AGAINST US No one may bring a legal action against us unless there has been full compliance with all the terms of this insurance and such action is brought within two years after the date on which the physical loss or damage occurred TRANSFER OF RIGHTS OF RECOVERY AGAINST OTHERS TO US If any person or organization to or for whom we make payment under this insurance has rights to recover damages from another those rights are transferred to us to the extent of our payment That person or organization must do everything necessary to secure our rights and must do nothing after the loss to impair them CHANGES This Certificate contains agreements between you and us concerning the insurance afforded under the Policy This Policy s terms can be amended or waived only by endorsement issued by us and made a part of this Policy AUTOMATIC TERMINATION OF CERTIFICATE The insurance evidenced by this Certificate will automatically terminate without notice to you on the date the Rental Agreement between you and the Owner is terminated or on the date the Rental Agreement is assigned to a new Owner or property management company CANCELLATION OF CERTIFICATE 1 You may cancel the Certificate by mailing or delivering to us advance written notice of cancellation 2 If this Certificate has been in effect for a fewer than 60 days we may cancel for any reason b 60 days or more we may cancel only for one or more of the following reasons i Nonpayment of Premium ii Fraud or material misrepresentation made by you or with your knowledge in obtaining the Certificate continuing the Certificate or in presenting a claim under the Certificate iii Substantial increase in the risk of loss after insurance coverage has been issued or renewed including but not limited to an increase in exposure due to rules legislation or court decision iv Failure to comply with reasonable loss control recommendations v Substantial breach of contractual duties conditions or warranties vi Determination by the Director of the Department of Consumer and Business Services that the continuation of a line of insurance or class of business to which the Certificate belongs will jeopardize our solvency or will place us in violation of the insurance laws of Oregon or any other state or vii Loss or decrease in reinsurance covering the risk 3 If notice of cancellation is mailed a post office certificate of mailing will be conclusive proof that you received the notice on the third calendar day after the date of the certificate of mailing 4 We may cancel this Certificate by mailing or delivering to you written notice of cancellation at least a 10 days before the effective date of cancellation if we cancel for nonpayment of Premium or b 30 days before the effective date of cancellation if we cancel for any other reason 5 We will mail or deliver our notice to you at the address shown in the Election Agreement 6 Notice of cancellation will state the reason for and the effective date of cancellation The Certificate period will end on that date 7 If a Certificate is cancelled we will send an Insured any Premium refund due If we cancel the refund will be pro rata If an Insured cancels the refund may be less than pro rata If the insured cancels Premium shall be fully earned for the monthly Certificate period to which the Premium applies The cancellation will be effective even if we have not made or offered a refund CONFORMITY WITH STATE STATUTES If the terms of this Certificate are in conflict with the laws of the state wherein the Certificate is issued they are hereby amended to conform to such statutes DEFINITIONS 1 Owner means the owner landlord or operator of the self storage facility 2 Rental Agreement means the Lease Rental Agreement executed and in effect between you and the Owner 3 Limit of Coverage means the maximum amount payable for physical loss or damage to the insured property per occurrence as designated by you in the Election Agreement 4 Premium means the amount shown in the Election Agreement as designated by you as the monthly amount payable for the insurance 5 Election Agreement means the Insurance Election Agreement completed by you in order to elect coverage under this Master Policy 6 Certificate of Storage Insurance means the certificate that provides evidence of coverage for an Insured under this Master Policy 7 Actual Cash Value means the amount calculated that it would cost to repair or replace insured property at the time of loss or damage with material of like kind and quality subject to a deduction for deterioration depreciation and obsolescence Actual Cash Value applies to valuation of insured property regardless of whether that property has sustained partial or total loss or damage The Actual Cash Value of the lost or damaged property may be significantly less than its replacement cost NONRENEWAL OF THE CERTIFICATE If we decide not to renew this Certificate we will mail or deliver to you at the last mailing address known to us written notice of nonrenewal before the expiration date of this Certificate However if this Certificate is issued for a term of more than one year and for additional consideration the Premium is guaranteed we may not refuse to renew the Certificate at its expiration date Nonrenewal will not be effective until at least 45 days after you receive our notice If notice is mailed a post office certificate of mailing will be conclusive proof that you received the notice on the third calendar day after the date of the certificate of mailing Producer Authorized Representative 109297 05 16 Page 2 of 2 Includes copyrighted material of Insurance Services Office Inc with its permission All rights reserved