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Lennar Homes of California, Inc. Faithful Performance TM37136 380051SRockport (Heritage Lake) FAITHFUL PERFORMANCE BOND FOR GRADING PROJECTS AND / OR EROSION CONTROL OR LANDSCAPE IMPROVEMENTS CITY OF MENIFEE, STATE OF CALIFORNIA (Government Code Section 66499.1) FOR GRADING: Rough Grading Erosion Control WQMP Total 98,000 00 25,000.00 Tract 37136 Other Project No.GP18-065R Bond No Premium 380051S $ $ 262,000.00 $786.00/an num Surety Developers Surety and lndemnity Company Principal Address Lennar Homes of California lnc, Address 17771 Cowan, Suite 100 980 Montecito Dr, Suite 302 City/State lrvine, CA City/State Corona, CA, zip seds 92614 zip 92875Phone (800) 782-1s46 WHEREAS, the City of Menifee, State of California,and Lennar Homes of California, lnc. (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 grading project, related to (Tract) l[!l4l[l_B!!{$5&, which agreement(s) is/are hereby referred to and made a part hereof; and, WHEREAS, said principal is required under the terms of said agreement(s) to furnish bond(s) for the faithful performance of said agreemenl(s); NOW THEREFORE, we the principal and Developers Surety and lndemnity Company as surety, are held and firmly bound unto the City of Menifee in the penal sum of Two hundred sixty hvo thousand and 00/'100 Dollars ($ 252,000.00 I lawful money of the United States, for the payment of which sum will and truly be made, we bind ourselves, our heirs, successors, executors and administrators, jointly and severally, firmly by these presents. The condition of this obligation is such that if the above bonded principal, his or its heirs, executors, administrators, successors or assigns, shall in all things stand to and abide by, and well and truly keep and perform lhe covenants, conditions and provrsions in the said agreement and any alteration thereof made as therein provided, on his or their part, to be kept and performed at the time and in the manner therein specified, and in all respects according to their true intent and meaning, and shall indemnify and save harmless the City of Menifee, its officers, agents and employees, as therein stipulated, then this obligation shall become null and void; otherwise, it shall remain in full force and effect. As a part of the obligation secured hereby and in addition to the face amount specified therefore, there shall be included costs and reasonable expenses and fees, including reasonable attomey's fees, incurred by the City in suc,cessfully enforcing such obligation, all to be taxed as costs and included in any judgment rendered. 918/15 s Phone (951) 8'17-3500 FAITHFUL PERFORMANCE BOND FOR GRADING PROJECTS AND OR/EROSION CONTROL OR LANDSCAPE IMPROVEMENTS The surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of this agreement or to the work to be performed there under or 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 and commencement of construction are not conditions precedent to surety's obligations hereunder and are hereby waived by surety. When the work covered by the agreement is complete, the City of Menifee will accept the work and thereupon, the amount of the obligation of this bond is reduced by 90% with the remaining 10% held as security Until the California Regional Water Quality Control Board issues a Notice of Termination. IN WITNESS WH above named, on EREOF, this instrument has been duly executed by the principal and April 9 2019 surety NAME OF PRINCIPAL: Lennar Homes of California,lnc., a California corporation By:/-3.2-2..-- Name: 6rrat{re'{ SrnlthTitre: Vrh ?v,hdlnl (IF CORPORATION, AFFIX SEAL) NAME OF SURETY: Developers Surety and lndemn ity Compa AUTHORIZED SIGNATURE:Kathy R. lvl.rrr Its Attorney Title (IF CORPORATION, AFFIX SEAL) ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND ATTORNEYJN.FACT. 9/8/15 AUTHORTZED STGNATURE(S): uolleDossv fueloN leuo[eN llozo 0urluasaJdaU sr lau0tS 6urluaserdag s1 teuOr5 :Jaqio tr iole^jasuof, lo uptpieng tr aalsnll trpej ul IouloUV El lenp!^rpul tr leJauag o pallutn tr _lauued tr Jaqto tr role^rasuol lo uetpJeng tr aalsnjl trpeJ u! 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I certify under PENALTY OF PERJURY under the laws of the State of Catifornia that theforegoing paragraph is true and correct. WITNESS my hand and official seal z2 MECHELLE LAFKIN Notary Public - Carifornia Oranoe County Commi55ion # 2193490 M!'Comm. txplres Apr 24,2A21 Signature of Notary Public Place Notary Seal Above OPTIONAL Though this section is optional, completing this information can deter alteration of the document orfraudulent reattachment of this form to an unintended document. Description of Attached Document Title or Type of Document: Document Date:Number of Pages: Signe(s) Other Than Named Above: Capacity(ies) Claimed by Signer(s) Signer's Name: f] Corporatetr Partner - R. Mair Signer's Name: Officer - Title(s nntr!tr Corporate Officer - Tifle(s): Limited General Partner - ! timiteO f]Generatlndividual I Attorney-in-FactTrustee fl Guardian or Conservator Other: lndividual Trustee Other: trtr Attorney-in-Fact Guardian or Conservator A notary pubttc r other office I completing this certificate verifies only the identity of the ndividdocumenttowhichthiscertificateattached,UA who signed theISandnotthetruthfulness,accu'acy or val ditv of that docum ent. Signer ls Representing:Signer is Representing: State of California ) County of Oranqe ) hrlb Kathv POWER OF ATTORNEY FOR DEVELOPERS SURETY AND INDEMNITY COMPANY INDEITiNITY COITPANY OF CALIFORNIA P0 Box 19725, lRVlNE, CA 92623 (949)263-3300 KNOWALL BY THESE PRESENTS lhat except as expressly limited, DEVELOPERS SURETY AND INDEMNITY COIVPANY and INDENINITY COIVPANY OF CALIFORNIA, do each hereby make, constitute and appoint: "'-Kathy R. lvlair, Mechelle Larkin, jointly or severally*** pr6enb, are hercby Elifred and conf[rpd. AND INDEI\4NlTY COIVPANY and INDEMNIry COI,4PANY OF CALIFORNIA, efiective as ofJanuary 'lst, 2008. RESOLVED, that a combination of any two of the Chairma0 of the Board, the President, Executive Vice'President, Senior VicePresident or any Vice President of lhe corporations be, and that each of them hereby is, authodzed to execule this Power o, Attomey, qualiting lhe attorney(s) named in lhe Power ol Altomey to erecute, on behalf ol the to attest the execution ol any such Power ol Attomey; RESOLVED, FURTHER, that the sEnatures of such officers may be alfixed to any such Power of Altomey or to any cedificate relaling hereto by facsimile, and any such or contracl of suretyshjp to which it is attached lN WITNESS WHEREOF, DEVELOPERS SURETYAND INDEI\,INlTY COMPANY and INDEIVNITY COi/PANY OF CALIFORNIA have severally caused lhese presenls to be signed by heir respeclive omcels ard attested by $eir respeclive Secretary or Assislant Secretary lhis 6th day ol Fehuary, 201 7. i[)"^-Y L'/r*-, ..;:-lii*H"tfi ;[i 1e36 :3: 1:.tii:':,,t1:$ By By DanielYoung,SeniorVicePruidenl / l\y'ark Lansdon Vice-President ocl 5 1967 Slate of California County of Orange A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certillcate is attached, and not the truthtulness, accu.ary, or validity of that document. Lucille Raymond, Notary Public ti.rc lns€rl N ^e at lri. d lhe Oficer pelsonally appeared DanielYounq and [4ark Lansdon LUCITLE RAYMXD CorHnirsifi , 20tt9a5 ilot ry Put{c . Cdfsnh 0rlrgo Costly Nrdo(s) oI S qne(s) who proved to me on tte basas ol salisfactory evidence to be the peEon(s)whose name(s) is/are subscribed to lhe within inslrument and acknowledged to me lhal he/she/hey executed lhe same in his/heritheir authorized capacity(ies), and lhatby his,heritheir signature(s)on he instrument lhe person(s), orthe entity upon behalf of which the peEon(s)acted, executed the instrument. I cedify under PENALTY OF PERJURY under lhe laws of lhe State of Caldomia that the foregoing paragraph is bue and conect Comm.ocl 1 20tE WITNESS my hand and officialseal , Nolary Public 1]ERTIFICATE The undelsigned, as Secretary or Assistant Secretac oi DEVFIoPERS SUREry ANo INDEIVNITY COI\,1PANY or INDEI,,INITY COMPANY OF CALIFORNIA, does hereby said comorations set forlh in the Power ot Attomey are in torce ls of fre date of this Cedificab. This Certifcate is executed in the City of irvine, Caliiomia, lhis Cassie J ATS-1002 (02X7) 0,^L Y fi'^*a^.-o ocl 5 1967 fr.r-,---GlantSaFErl day of APR 09 2013 -....;r_tl$ii"tt; i6^i rq:o ji: ';jii:1,$s:F On February 6, 2017 before me, Daie Place Notary SealAbove Signature By: