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OCT-26-2000 THU 06:39 PM BURNET TITLE WAYZATA FAX NO. 6124750592 OWNER'S INFLATION PROTECTION BNbORSE~ENT A-c;tachetl to Policy No: E01200•l736'1 File No: 00-17364 Tho compant, recognizing the current effect of inflation on real property valnilt:1on and intending to provide additional monetai.-y prot:.ection to the J;risurcd owner named in the Policy to which this Endorsement is attached, hereby modifie~ s~id ~olicy, aR follows: i, Notwith~t:amiing anything contained in said Policy to the contrary, tho umount of in$urance provided by said Policy, as scatea in Schedule A thereof, is subject to cumulative annual upward adjustments in the mannar and to the f.:!X:t~mt hereinafter specified. ?. • ~Adjtrntm1mt Diltc" ia defined, for t:he purpose of this Endorsement, to the 12:01 a.m. on the first January 1 which occurs more th~n six months aftor the Date of Policy, as shc:iwi"1 in Sehedule .I\ of the Policy to which this Endorsement iG attached, and on each succeechng January 1. P. 06 3. ~n upward adjustment will be made on each 0£ the Adju$tm~nt Dates, as de- fined above, by increasing the maximum amount of insurance provided by R~id Policy (as s~id amount may have been increased theretofore under the ter.ms of Ch1s Endorf;ement} by the same percentage, 1! any, by which the United St:~tes Departcuent of Commerce Composite Construction Co:st Index (base 1,eriod 1967) for the month of September immediately preceding ex- ceeds such Index for the month of Septembar one year o~rl1er; provided, however, thilt: the 1naximum ;)mount of insurance in force shall never axceed 150~ of the ~mo~n~ of insurance stated in Schedule A or said Policy, less the amount of any cl~im paid under said Policy, which, under the terms of the Conditions and Stipulations, reduces the amount or insurance in force. There shall bo no annual .:idjustment in the amount of :i.nsuranc::e for yaars in which there is no increase in said Const:ruction Cost Index. 4. In the ~ettl~rnent of any claim against the Company under said Polley, the amount of in:;mr.ince irl forco shall be deemed to be the amount which ~.a in farce as of the d~to on which tha insured claimant first laarned of the aascrcion or possible assertion of such claim, or a~ of the date of receipt by the Company of the !1rst notice of such claim, whi~hever shall first OCCUl:". Nothing herein contained sllall be construed as extending o:r changing tho effective date of said Policy. Thiw Endorsement is made a part of said policy and is subjact to the schedules, conditions aod atipul.c1tions therein, except; as modified by the provisions 11creof. NOT~: In connection with a !ucure application for title insurance covoring said lnnd, reissue er.edit on premium ch~rges (if npplicable at all) will bo allowed only upon tho original race amount of insurance as stated in Schedule A of said Poltcy.