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98 <br />Confidential Information of R4 Capital Funding LLC <br /> <br /> <br />Little Canada-Lupe - Borrower Loan Agreement - LC Apartments(199386221.3) - 5/12/2026 6:38:21 PM <br /> <br />R4 Capital Funding LLC <br />Tax Exempt Bond Investment Standards <br /> <br />v4.4 March 2022 <br /> <br />4. Umbrella/Excess Liability Insurance. <br />a) Named Insured: General Contractor and their respective employees, agents, subsidiaries, and <br />affiliates. <br />b) Additional Insureds: “Partnership”, “General Partner”, “Limited Partner, ISAOA” and R4 Capital <br />LLC (for R4 Equity) and “Fiscal Agent or Trustee” (as designated by R4CF), R4 Capital Funding <br />LLC and R4 Servicer LLC (for R4CF Debt) <br />c) Coverage must be no less broad than the underlying CGL, Auto Liability and Employers <br />Liability policies required above. If coverage is not follow-form, differences must be identified. <br />d) Limits: <br />Garden Apts. 1-3 stories, Single Floor, & other non-elevator buildings: <br />$3 Million Per Occurrence/$3M Annual Aggregate. <br /> <br />Mid-rise Apartment Building (4-10 stories): <br />$5 Million Per Occurrence/$5M Annual Aggregate. <br /> <br />High-rise Apartment Building (11-20 stories): <br />$10 Million Per Occurrence/$10M Annual Aggregate <br /> <br />+ 20 stories <br />$25M Per Occurrence/$25M Annual Aggregate <br /> <br />5. Contractor’s Environmental Pollution Liability*. <br />a) Named Insured: General Contractor and all sub-contractors for pollution exposures. <br />b) Additional Insureds: “Partnership”, “General Partner”, “Limited Partner, ISAOA” and R4 <br />Capital LLC (for R4 Equity) and “Fiscal Agent or Trustee” (as designated by R4CF), R4 Capital <br />Funding LLC and R4 Servicer LLC (for R4CF Debt) <br />c) Form: Claims Made <br />d) Limit: $3,000,000 per pollution incident. Limit may be revised depending on severity ofwork. <br />e) Perils: Coverage for asbestos, lead-based paint, construction, and remediation operations or as <br />directed by R4 whether performed by contractor or sub-contractor or other third-party. Coverage <br />is to apply to all bodily injury, property damage and environmental liability as well as cleanup <br />cost for pollution conditions both on and migrating from the worksite. <br />f) Coverage must be maintained for a minimum period of three years post remediation completion. <br />g) Improper Supervision: of subcontractors is to be covered. <br />