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i <br />LOSS PAYABLE CAUSE • MOBILE EQUIPMENT <br />This endorsement forms a part of the Declarations to which attached, effective on <br />the inception date of the coverage unless otherwise stated herein, and modifies such <br />coverage as is afforded by the provisions of the coverage shown below: <br />MOBILE EQUIPMENT COVERAGE <br />Member San Marcos <br />Member ID 8475 <br />Effective Date 10/01/2010 <br />It is understood and agreed that loss or damage to the mobile equipment described in this <br />endorsement shall be paid as interest may appear to the person or organization named <br />below: <br />Caterpillar Financial Services Corporation - Nashville <br />2120 West End Ave., 5th Floor <br />Nashville, TN 37203 -5341 <br />. The most we will pay for any loss to the described equipment is the lesser of: <br />1. the value indicated below, or; <br />2. the replacement cost or actual cash value of the equipment, based on the valuation <br />method selected by the member, minus the applicable deductible. <br />Designation or Description of Equipment <br />Year <br />Make/Model <br />Serial Number <br />Value <br />2010 <br />Caterpillar <br />CATOOC44PD4601876 <br />$40,600 <br />2010 <br />Caterpillar <br />CATOOC66EN6DO0821 <br />$60,400 <br />TEXAS MUNICIPAL LEAGUE INTERGOVERNMENTAL RISK POOL <br />EP301 <br />05/20/02 <br />