CARVAJAL, CARLOS vs. UNIVERSAL PROPERTY AND CASUALTY INSURANCE COMPANY

A subsequent edition of this policy; or

An amendatory endorsement.

B. Waiver Or Change Of Policy Provisions

A waiver or change of a provision of this policy

must be in writing by us to be valid. Our request

for an appraisal or examination will not waive any

of our rights.

C. Cancellation

You may cancel this policy at any time, for

any reason, by giving us advance written

notice of the future cancellation effective

date.

When this policy has been in effect for 90

days or less, we may cancel immediately if

there has been a material misstatement or

misrepresentation or failure to comply with

underwriting requirements.

We may also cancel this policy subject to the

following provisions. A written cancellation

notice, together with the specific reasons for

cancellation, will be delivered to you, or

mailed to you at your mailing address shown

in the Declarations.

Proof of mailing will be sufficient proof of

notice.

a. When you have not paid the premium,

we may cancel at any time by letting you

know at least 10 days before the date

cancellation takes effect.

However, when a (mortgage company)

lender is responsible for paying the

premium through an escrow account and

the premium payment is not more than

90 days overdue we will reinstate the

insurance policy, retroactive to the date

of cancellation. The lender — shall

reimburse the “insured” for any penalty