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$ICTtOH <br /> <br />UNITED FIRE & COM. <br /> CEDAR RAPIDS, IOWA <br /> <br /> (a STOCK COh~PANY) Bon~ No, 51-58993 <br /> <br /> I <br /> <br /> e]hedu][e ,, Bond <br /> <br />UNITED FIRE & CASUALTY COMPANY, hereinafter coiled the Unden~rlter~ in consideration of on agreed <br /> <br />premium, hereby agrees to Indemnify. <br /> <br />255 __S u~tr...&vam,a <br /> <br />ACTS <br /> <br />hereinatler cotled the Insured, to the extent end upon the terms end condillons specified by this bond, against any dlrecl <br />loss of money or other personal property, belonging to the Insured or for which the Insured Is legally liable, caused by <br />larceny, embezzlement, forgery, misapproprialion, wrongful abstraction or any other fro[Jdulent, dishonest et criminal <br />ecl ar octs'commilted by any of the Insured's employees while covered under this bond. <br /> <br /> 2. This bond shell be effective asof the_ ~_,.~._t_.h__~.doy of Novembo.~ t9.85. <br />Emp[oye~s named in the otloched schedule ate covered on ond after the effective dote, Employees oddeg by the inclusion <br />of their names eno new schedule Identified by the signolure of the Underwriter by on officer or attorney. In-fact and <br />attached os of any premium onniverso~ dote, shall bo covered on and after that onniverso~ dote. Employees added by <br />endorsement shell be covered on end after the dote specified in the endorsement. <br /> <br /> · : ' 3. The amount of coverage on each such employee is the amount stated in the appropriate ~chedule or endorse. <br />AMOUNT etI · <br />COVI~ACiE . mont. Any such amount may be changed by endorsement or by naming a different amount In a new schedule Identified <br /> ii. os aforesaid ond attached os of any anniversary dote. <br /> <br /> . !'-.'" 4. The coverage on each emoloyee Is continuous from Its inception to its termination, and the coverage fat supnrate <br /> :~' " periods shell not be cumulative. Il the coverage on any employee for separate periods be for different amounts, tile <br />Lt~.lT OF ' i!'';' <br />U~D£~,WRITI~["I i';' maximum liability of the Underwriter for oll defaults of thai: employee shall not exceed the largest amount of coverage <br /> <br />in force during any period wllhin which defaults shall hove occurred nor shell the cave,oDe for one period be available <br />for defaults occurring within any other period. If the amount of coverage on any employee be reduced, anti lass on <br />account of IhLll employee be not reporled fo the Underwriter within flfleen months after Ihe effective dote of the re. <br />duCtmn, the reduced amount is Ihe maximum liabilily. <br /> <br /> 5. The coverage on any employee shall terminole when the employment terminates; et the employee is tronsferr¢.d, <br />without Ihe wr~tlen consent of the Underwriter, from a location withm to one not within continental United Stote~ or the <br />Dominion el Canada; or the Insured becomes aware of any act of the employee which is or could bo mode the basis of n <br />claim under lhJs bond; or lhe employee's nome is omitted from the schedule attached os of any anniversary dote; or <br />coverage on the employee or the bond in its enhrety is lermmoted by written halite from either of the parties lo <br />other. Any such notice fram the Underwriter shall be served udon the Insured or sent by registered moil to the latest <br />address of the Ins~ed known to the Underwriler, and the effecl~ve dote shell be at least thirty days after lhe ~ate of <br />service, or thiriy-five ~oys offer the postin~ of the registered notice, os the case may <br /> <br /> <br />