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Golden Star Investment Properties, LLC Material and Labor Bond Menifee Plaza 4144409MATERIAL AND LABOR BOND CITY OF IMENIFEE, STATE OF CALIFORNIA (Government Code Section 66499.1) FOR: Streets / Drainage 117,750.00 Flood Control Water System Rec. Water Sewer System 0.00 Project lVlenifee Plaza Other Proj. Ref lP20-001 0P12-006) Bond No. 41411109 Premium $ lncluded 39,500.00 0.00 46,000.00 Surety Total $ 203,250.00 Platte Biver lnsurance Company PrincipalGolden Star lnvestment Properties, LLC Address 2121 N. California Blvd #300 Address 4O4O [VacArthur Blvd Suite 309 CityiState Walnut Creek cA 94596 City/State Newport Beach, CA zip 94596 Zip 92660 Phone @4$679Phone 925-262-2715 WHEREAS, the City of [Vlenifee, State of California, and Golden Star lnvestment Pro oerties LLC (hereinafter designated as "principal") have entered into, or are about to enter into, the attached agreement(s) whereby principal agrees to install and complete the above designated public improvements relating to lP20-001 (1P12-006) , which agreement(s) is/are hereby referred to and made a part hereof; and, WHEREAS, under the terms of said agreement, principal is required, before entering upon the performance of the work, to file a good and sufficient payment bond with the City of Menifee to secure the claims to which reference is made in Title 15 (commencing with Section 3082) of Part 4 of Division 3 of the Civil Code of the State of California; NOW, THEREFORE, said principal and the undersigned, as corporate surety, are held firmly unto the City of [Venifee and all contractors, subcontractors, laborers, material persons and other persons employed in the performance of said Civil Code in the sum of Two Hundred Three Thousand Two Hundred Fiftv and no/100 , Dollars, $ 203.250.00 for materials furnished or labor thereon of any kind, or for amounts due under the Unemployment lnsurance Act with respect to such work or labor, that said surety will pay the same in an amount not exceeding the amount hereinabove set forth, and also in case suit is brought upon this bond, will pay, in addition to the face amount thereof, costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by the City in successfully enforcing such obligation, to be awarded and fixed by the court, and to be taxed as costs and to be included in the judgment therein rendered. It is hereby expressly stipulated and agreed upon that this bond shall inure to the benefit of any and all persons, companies and corporations entitles to full claims under Title 15 (commencing with Section 3082) of Part 4 of Division 3 of the Civil Code, so as to give a right of action to them or their assigns in any suit brought upon this bond. Should the condition of this bond be fully performed, then this obligation shall become null and void; othenruise, it shall be and remain in full force and effect. OF s MATERIAL AND LABOR BOND#41411109 The surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of this agreement or to the specifications accompanying the same shall in anywise affect its obligation on this bond, and it does hereby waive notice of any such change, extension of time, alteration or addition. Surety further stipulates and agrees that the provisions of Section 2845 of the Civil Code are not a condition precedent to surety's obligations hereunder and are hereby waived by surety. lN WITNESS WHEREOF, this instrument has been duly executed by the principal and surety above named, on lMarch 10th , 2o2o NAME OF PRINCIPAL: Golden Star lnvestment Properties. LLC. AUTH ORTZED S r G NATU RE(S ): By: Name It wAyy Title:ce a (lF CoRPoRATION, AFFIX SEAL) NAME OF SURETY: P AUTHORIZED SIGNATURE: ina M. Noahr, lts Attorney-in-Fact Title (lF coRPoRATtON, AFFTX SEAL) ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND ATTORNEY. IN.FACT. KNOW ALL MEN BY THESE PRESENTS, That the PLATTE RMR INSURANCE COMPANY, a corporation of the State of Nebraska, having i'ls pr nciparorncesl:::::l-'l::::il^ ^; ,fi'^ifi,ffi'll"#il'i#r* KAERCHER------------- its true and lawful Attomey(s)-in-fact, to make, execute, seal and deliver for and on its behalf, as surety, and as its act and deed, any and all bonds, undertakings and contracts of suretyship, provided that no bond or undertaking or contract of suretyship executed under this authority shall exceed in amount the sum of ,n,,,"*;;;;;;;,;;;;-'"i1":ffiT}:T;llil1H"T:)X."ffJ:ilff:n:?i33;l'*311.;-"-;;;;";";..., Directors of PLATTE RIVER INSURANCE COMPANY at a meeting duly called and held on the 8th day of January,2002. "RESOLVED, that the President, Executive Vice President, Vice President, Secretary or Treasurer, acting individually or otherwise, be and they hereby are granted the power and authorization to appoint by a Power ofAttorney for the purposes only ofexecuting and attesting bonds and undertakings, and other writings obligatory in the nature thereof, one or more resident vice-presidents, assistant secretaries and attorney(s)-in-fact, each appointee to have the powers and duties usual to such offices to the business ofthis companyt the signature ofsuch officers and seal ofthe Company may be affixed to any such power of attorney or to any certificate relating thereto by facsimile, and any such power of attomey or certificate bearing such facsimile signatures or facsimile seal shall be valid and binding upon the Company, and any such power so executed and certified by facsimile signatures and facsimile seal shall be valid and binding upon the Company in the future with respect to any bond or undertaking or other writing obligatory in the nature thereof to which it is attached. Any such appointment may be revoked, for cause, or without cause, by any of said officers, at any time." In connection with obligations in favor of the Florida Department ofTransportation only, it is agreed that the power and authority hereby given to the Attomey-in-Fact includes any and all consents for the release of retained percentages and/or final estimates on engineering and construction contracts required by the State of Florida Department of Transportation. It is fully understood that consenting to the State of Florida Department of Transportation making payment of the final estimate to the Contractor and/or its assignee, shall not relieve this surety company of any of its obligations under its bond. In connection with obligations in favor of the Kentucky Department of Highways only, it is agreed that the power and authority hereby given to the Attorney-in-Fact cannot be modified or revoked unless prior written personal notice of such intent has been given to the Commissioner - Department of Highways of the Commonwealth of Kentucky at least thi(y (30) days prior to the modification or revocation. IN WITNESS WHEREOF, the PLATTE RMR INSURANCE COMPANY has caused these presents to be signed by its officer undersigned and its corporate seal to be hereto duly , this 3rd day of May,2017 Attest: PLATTE RIVER INSURANCE COMPANY Vice President, Treasurer & CFO PLATTE RIVER INSURANCE COMPANY POWER OF ATTORNEY 4L411110 Stephen J. Sills CEO & President David J. Regele Notary Public, Dane Co., WI My Commission Is Permanent -h"f,t"c Jq hss$IDTt /frkr26 Suzanne M. Broadbent Assistant Secretary On the 3rd day of May,20l7 before me personally came Stephen J. Sills, to me known, who being by me duly sworn, did depose and say: that he resides in the County of New York, State of New York; that he is President of PLATTE RMR INSURANCE COMPANY, the corporation described in and which executed the above instrument; that he knows the seal ofthe said colporation; that the seal affixed to said instrument is such corporate seal; that it was so affixed by order of the Board of Directors of said corporation and that he signed his name thereto by like order. STATE OF WISCONSIN COUNTY OF DANE STATE OF WISCONSIN COUNTY OF DANE S.S.: S.S.:) ?-.*:-Q1'{<+'L- I, the undersigned, duly elected to the office stated below, now the inqumbent in PLATTE RMR INSURANCE COMPANY, a Nebraska Corporation, authorized to make this certificate, DO HEREBY CDRTIFY that the foregoing attached Power of Attorney remains in full force and has not been revoked; and furthermore, that the Resolution of thc Board of Direciors, set forth in the Power of Attornev is now in force. SignedandsealedattheCityof Middleton,stateof wiscorr*irri.-- lt)6 duvrr MA(\lh ,zo n O.Ifi"No (J* Antonio Celii General Counsel, Vice President & Seccretary THIS DOCUMENT IS NOT VALID UNLESS PRINTED ON GREEN SHADED BACKCROUND WITH A RED SERIAL NUMBER IN THE UPPER RIGHT HAND CORNER. lF YOU HAVE ANY QUESTIONS CONCERNING THE AUTHENTICITY OF THIS DOCUMENT CALL 800-475-4450. 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STATE OF CALIFORNIA COUNTY OF ORANGE On Morch 72,2020 ,before me,Dovina K. Olsen Notary Public, personally appeared Brian Wa who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) iVare subscribed to the within instrument and acknowledged to me that he/sheithey executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct.llllrr,IK. WITNESS my hand and official seal. fr. Exp.nrr9irrrsignaturelrtlll (seal) Number of Pages OPTIONAL Completing this information can deter alteration of the document or fraudulent reattachment of this form to an unintended document. tltOl WJfW^t ! Corporate Officer - Title(s) Capacity(ies) C Signer's Name: !aimed by Signer(s) Brtan [.Da.u,a Description of Attached Document Signer(s) Other Than Named Above: Signer is Representing E other: Signer is Representing W6tner, Signer's Name ! Corporate Officer - Title(s): rti4rt-L Title or Type of Document: Document Date: fl t-imiteo Partner E General Partner ! lndividuat ! Attorney in Fact ! Trustee ! Guardian of Conservator E timiteo Partner E General Partner fl lndividual ! Attorney in Fact fl Trustee ! Guardian of Conservator