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PRODUCER

New York Medical 1 Rockefeller Plaza New York, NY

DeBaker and Coolidge, L.L.P. P. O. Box 1234

Houston, TX 78768-1234 INSURED

THIS C E R T I F IC A T E I S IS S U E D A S A M A T T E R O F I N F O R M A T IO N O N L Y A N D C O N F E R S N O RIGHTS U P O N T H E C E R T IF I C A T E H O LD E R . THIS C E R T I F IC A T E D O E S N O T A M E N D , E X T E N D OR A LTER THE C OVE RAG E AFF ORD ED B Y THE POLIC IES B ELO W, E X C E P T A S S P E C IF I E D.

I N S U R E RS A F F O R D IN G C O V E R A G E N A I C #

INSURER A: No Pay Fidelity

INSURED INSURER B: Fast Car Fidelity

INSURER C: INSURER D: INSURER E: COVERAGESCOVERAGES T H E P O L I C IE S O F I N S U R A N C E L I S T ED B E L O W H A V E B E E N IS S U E D T O T H E IN S U R E D N A M E D A B O V E F O R T H E P O L I C Y P E R I O D IN D I C A T E D . N O T W I T H S T A N D IN G A N Y R E Q U I R EM E N T , T E R M O R C O N D IT I O N O F A N Y C O N T R A C T O R O TH E R D O C U M E N T W I T H R E S PE C T T O W H I C H T H IS C E R T I F IC A T E M A Y B E IS S U E D O R M A Y P E R T A I N . THE INSURANCE AFFORDED B Y THE POLI C I E S DE S C R I B E D H E R E IN I S S U B J E CT T O A L L TH E T E R M S , E X C LU S I O N S A N D C O N D IT I O N S O F SU C H P O L I C IE S . A G G R E G A T E LI M I TS S H O W N M A Y H A V E B E E N R E D U C E D B Y P A ID C L A I M S .

INSR LTR

ADD’L

INSRD TYPE OF INSURANCE

POLICY NUMBER

POLICY EFFECTIVE DATE (MM/DD/YY)

POLICY EXPIRATION

DATE (MM/DD/YY) LIMTS

A GENERAL LIABILITY

:

COMMERCIAL GENERAL LIABILITY

GGCLAIMS MADE

:

OCCUR

G ____________________________________

G ____________________________________

GEN’L AGGREGATE LIMIT APPLIES PER:

G POLICY G PROJECT GLOC

CLP1234567 02/01/03 01/31/04 EACH OCCURRENCE $1,000,000

DAMAGE TO RENTED PREMISES (Ea occurrence)

$ 50,000

MED EXP (Any one person) $ 5,000

PERSONAL & ADV INJURY $1,000,000

GENERAL AGGREGATE $

PRODUCT-COMP/OP AGG $2,000,000

B AUTOMOBILE LIABILITY

:ANY AUTO

GALL OWNED AUTOS

GSCHEDULED AUTOS

:

HIRED AUTOS

:

NON-OWNED AUTOS

G___________________________________

G

CAP 02/01/03 01/31/04 COMBINED SINGLE LIMIT

(Ea accident) $2,000,000 BODILY INJURY (Per person) $ BODILY INJURY (Per accident) $ PROPERTY DAMAGE (Per accident) $ GARAGE LIABILITY GANY AUTO G

AUTO ONLY-EA ACCIDENT $

OTHER THAN EA ACC_

AUTO ONLY: AGG $ $

A EXCESS LIABILITY

:

OCCUR GCLAIMS MADE

GDEDUCTIBLE GRETENTION $ 123456 02/01/03 01/31/04 EACH OCCURRENCE $5,000,000 AGGREGATE $5,000,000 $ $ $

A WORKERS COMPENSATION AND

EMPLOYERS’ LIABILITY

ANY PROPRIETOR/PARTNER/EXECUTIVE OFFICER/MEMBER EXCLUDED?

If yes, describe under SPECIAL PROVISIONS below

ABCDE 02/01/03 01/31/04 X W C S T A T U -

TORY LIMITS

OTH- ER $

E.L. EACH ACCIDENT $1,000,000

E.L. DISEASE-EA

EMPLOYEE $1,000,000

E.L. DISEASE-POLICY LIMIT $1,000,ooo

OTHER

DESCRIPTION OF OPERATIONS/LOCATIONS/VEHICLES/EXCLUSIONS ADDED BY ENDORSEMENT/SPECIAL PROVISIONS (See A ttachm ent.)

Crescent Real Estate 909 Fannin Houston, TX 78768

General Electric Commercial Credit 2 Rockefeller Plaza

New York, NY

SHOULD ANY OF THE ABOVE DESCRIBED POLICIES BE CANCELLED BEFORE THE EXPIRATION DATE THEREOF, THE ISSUING INSURER W ILL ENDEAVOR TO MAIL 30 DAYS WRITTEN NOTICE TO THE CERTIFICATE HOLDER NAMED TO THE LEFT, BUT FAILURE TO DO SHALL IMPOSE NO OBLIGATION OR LIABILITY OF ANY KIND UPON THE INSURER, ITS AGENTS OR REPRESENTATIVES.

AUTHORIZED REPRESENATIVE