Title 7

PART 1806 APPENDIX

Exhibit A to Subpart A of Part 1806 - Escrow Agreement Real Property Insurance

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Exhibit A to Subpart A of Part 1806 - Escrow Agreement Real Property Insurance Date (Name of bank) (City or town) (State)

Gentlemen: Attached is Draft No. ___, for $___, issued by the ______ Insurance Company in payment of ___ loss which damage the buildings on the farm of _________, of _______ County, State of _______.

This draft has been endorsed by the undersigned payees who request that you collect these funds and issue cashier's checks to the following payees for the following amounts:

________, First Mortgage $___ ________, Second Mortgage $___ ________, Third Mortgage $___

The balance only, if any, will be paid to ________, the owner of the property.

First Mortgagee Second Mortgagee Third Mortgagee Owner

Exhibit A to Subpart B of Part 1806 - Coverage and Premium Rates

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Exhibit A to Subpart B of Part 1806 - Coverage and Premium Rates

1. The following table sets forth the limits of coverage available under the program:

Type of structure	Structure coverage		Contents of coverage ⁴
Type of structure	Subsidized	Total ³	Subsidized	Total ³
Single family, residential ¹	$35,000	$70,000	$10,000	$20,000
All other, residential ¹	100,000	200,000	10,000	20,000
All nonresidential ²	100,000	200,000	100,000	200,000

¹ For Alaska, Hawaii, and the Virgin Islands, the following limits of coverage apply: Structure coverage for one family residential is $50,000 subsidized and $100,000 total coverage, and structure coverage for other residential is $150,000 subsidized and $300,000 total coverage.

² Includes hotels and motels with normal occupancy of less than 6 months.

³ Coverage in amounts exceeding the subsidized limits is available only after an actuarial cost has been established and flood insurance rate may be issued.

⁴ Contents of a building must be insured separately from the building. However, coverage is applicable to contents only while in an enclosed building. Therefore, coverage cannot be written on the contents of a three-walled machinery shed or a similar type open building.

2. The following table sets forth the applicable premium rates:

Type of structure	Rates per $100 of coverage (subsidized only)
Type of structure	Structures	Contents
All residential	¹ $0.25	$0.35
All nonresidential	¹ .40	.75

¹ Actuarial (nonsubsidized) rates are applicable to any structure, the construction or substantial improvement of which started after Dec. 31, 1974, or the date on which the initial rate map was issued, whichever is later, in identified areas having special flood or mudslide hazards.

Exhibit B to Subpart B of Part 1806 - Servicing Company

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Exhibit B to Subpart B of Part 1806 - Servicing Company

The servicing company office to be contacted for information relative to the availability of coverage under the national flood insurance program, flood hazard boundary maps, insurance rate tables, and related material.

E.D.S. Federal Corporation, National Flood Insurance, P.O. Box 34294, Bethesda, Md. 20034, phone toll-free 800-638-6620; commercial phone 301-898-5900. (7 U.S.C. 1989; 42 U.S.C. 1480; 42 U.S.C. 2942; 5 U.S.C. 301; delegation of authority by the Secretary of Agriculture, 7 CFR 2.23; delegation of authority by the Assistant Secretary for Rural Development, 7 CFR 2.70) [43 FR 18538, May 1, 1978]