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Pardee Homes Material and Labor Bond TM32277 929644883MATERIAL AND LABOR BOND CITY OF MENIFEE, STATE OF CALIFORNIA (Government Code Section 66499.1) FOR: Streets and Drainage $239 000.002 "Flood Control Dom Water Sys Rec. Water Sys Sewer System Total $1.496 ,000.00 276,750.00 134 750.00 185 500.00 4 332 000.00 Tract 32277 Bond No. 929644883 Premium $ included in Performance Bond$ $ $ $ Surety The Continental lnsurance Comoanv Principal Address Pardee Homes Address 1455Frazee Rd #300 1250 Corona Pointe, Suite 600 City/State San Dieq CA City/State Corona. CAo zip 92108 zip 92879 Phone 619-682-3508 Phone 951-428-4435 WHEREAS, the City of Menifee, State of California, and Pardee Homes (hereinafter designated as "principal") have entered into, or are about to enter into, the aftached agreement(s) whereby principal agrees to install and complete the above designated public improvements relating to TR 32277 , 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 Menifee and all contractors, subcontractors, laborers, material persons and other persons employed in the pe rformance of said Civil Code in the sum of Four Million Th Hundred Thirty Two Thousand and no/100 Dollars , $ 4.332.000.00 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. 9/8/15 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 Pafi4 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; otherwise, it shall be and remain in full force and effect. 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 March 16 20'17 NAME OF PRINCIPAL: Pardee Hom ES AUTHORTZED STGNATURE(S): By: Name:(UawtVeerg Title: VP Co.n.n.n 1+.1 f)earJ 6 p",erl t- (rF coRPoRAT|ON, AFFTX SEAL) NAME OF SURETY: The Contin ura m AUTHORIZED SIGNATURE: onroe, Attorney-in-Fact (rF coRPoRATrON, AFF|X SEAL) GMENT OF SIGNATURES OF PRINCIPAL AND ATTORNEY. IN.FACT. ATTACH NOTARIALACKNOW 9/8/t5 MATERIAL AND LABOR BOND Title ALL. PURPOSE CERTIFICATE OF ACKNOWLEDGM ENT A notary public or other officer completing this certilicate verifies only the identity of the individual who signed the document to which this certilicate is attached, and not the truthfulness, accuracy, or validity of that document. State of California ) County of Oranqe ) personally appeared who proved lo me on the basis of satisfactory evidence to be the person(g) whose nameS) is/ff* subscribed to the within instrument and acknowledged to me that hdshe/hOy executed the same in ki6/her/ttdr authorized capacity(iirrl and that by ftislher/lhair signature(oi on the instrument the person8, or the entity upon behalf of which the person(o| acled, 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. WITNESS my hand and official seal o € o otary Public Signature (Nota.y Public Seal)My comm. exprres May 18, 2017 t a ,^.r^rararioo* .orrr-ar^o inr, **, - This I\nn co,nphd\rth ctln.,1( ahlonu stotrt.t r.gordhg noton notdng dn.l, tfn.c.l.d. thould bc conplctcd ord alach.d to thc docun.nt. Ac*nol$.dg.ntsfront othcr tta,.s n,or b. conpl.ted/ot dorunt.tl,! brtng sent to that ltat. so long at th. rodtng doe, not EqnN th. Coh,bnia notoD. n, \rolatc Caldornia notot) lal . Slarc and (tunry infonnauon uu$ bc the Sl.al. ond (-ounty sherc lh( do.ummr sign6(s) t,trson.lly apFarcd bcforc the notrlv publ,c lbr scknowl.dgmcnt. Dal. of nourizanon musl be rh( &lc rhar the sign.(s) pcrsmally ,lT&rfil which musl also bc the samc dale thc ockno*l€d8menl is comphled.. ltc norary pllbllc mun pnnr his or her nalnc ,s il lr,p€ars wr6rn hts or hcr comftrsrioi followed by a cornrm and thm your trtlc (notary publrcl.. Prinr rhc namc(s) of documcnr si8rrc(s) who pcrsonally apDcar d thc trmc of . Indicatc thc corR'cr singular or pluml tmns by lrossing off incorrccl fonns li.e. l€rshc/{r.tr ls /arc ) (' crrchnS the corrcct forms. Farlurc to cor.'.rlt mdicarc this rnfonnlrion mry lcad to rcjccrion ofdo(umcnt rcl(rdrn8.. 11l€ no('ry scal i'nprc.sim musl b( clcar and photorraphrcally rcf,roduc'blr lmpr.'ssron lnlst nor cover lcxl or lincs. lfscal rmprcssaon srnudScs. rc-scal rfa suficicnl arca ptn its. othcrwi*- complelc r diffcrcnl ncknot{'lcdgrncnl fonn.. Siltrlturc of$c notary public must rrllch the srgnaturc on lilc rith thc oflicc of thc rounry clcrl.+ Addirional infonnrtmn rs not r.quircd bur rould hclp lt) cnsurc this lcknow l(Sglnc'nl is nor m,suscd or atuchcd to a drfrerenr d€um(,|r...4 lndrcrle lallc or typ( ofu(rch€d d(rumcnt. numhd offE8cs and datc,, hdicatc lhc caFcrly clanned b) thc silncr lf the claimed capocity is tr corlDmrc olliccr. rndic{tc thc titl€ (i-c. ( tio. CrO. S.creory). . Sccurcly auch fii. do.urncnt h the sigocd dcumcnl \!(h a $apl! DE IPTION OF THE ATTACHED DOCUMENT (Trll ot (l]te .. des.riplin ol a{adl.d documnt cootnuod) Numba of Pages J r}0;unentoau,3 f /U f I 7 CAPACITY CLAIMED BY THE SIGNERtr lndividual (s)D Corporate Ofticer (r[Er Partne(s) Attomey-in-Fact Trustee(s) Other D E D 0 on t'lAR1620lI before me. Gina L Garner, Notary Public rrrn-iffiIi6lEll6orFffil--' Janina Monroe ADDITIONAL OPTIONAL INFORMATION GINA L. GARNER coMM. # 2021213 NOTARY PUELIC CALIFORNIA OFANGE COUNTY .. : powER oF ATTORNEY AppOINTINc INDMDUAL ATTORNEY-IN-FACT Know All Men By These Presents, That The Continental lnsurance Company, a Pemsylvania insumnce company, is a duly organized and existing insurance company having its principal otlice in the City ofchicago, and State oflllinois, and that it does by vinue ofthe signature and seal herein affixed hereby make. consrirure and appoint Janina Monroe, Tom Mc Call, Paul Boucher, Individually of Los Angeles, CA, its true and lawful Attomey(s)-in-Fact with full power and authority hereby conferred to sign, seal and execute for and on its behalf bonds, undertakings and other obligatory instruments of similar nature - In U[limited Amounts - and to bind them thereby as fully afld to the sarne extent as ifsuch instruments were signed by a duly authorized officer ofthe insurance company and all the acts ofsaid Attomey, pursuant to the authority hereby given is hereby ratified and confirmed. This Power of Attomey is madc and executed puNuant to and by authority ofthe By-Law and Resolutions, printed on the reverse hereof, duly adopted as indicated, by the Board of Dircctom ofthe insurance company. I! Wihe$ Whereof, The Continental Insurance Company has caused these presents to be signed by its Vice President and its coryorate seal to be hereto amxed on this 5th day of December, 2016. lN3 The Continental Insuance Company Paul Bnr at Vice President State of South Dakota Counry of Minnehah4 ss: On this 5th day ofD€cember, 2016, before me personally came Paul T, Bruflat to me known, who, being by me duly swom. did depose and say: that he resides in the City of Sioux Falls, State of South Dakota; that he is a Vice President ofThe Continental lnsurance Company, a Pennsylvania insurance company, described in and which executed the above instrument; that he knows the seal ofsaid insu.ance company; that the seal affixed to the said insfument is such colporate seal; that it was so affixed pursuant to authority given by the Board of Directors ofsaid insurance company and that he signed his name thereto pursuant to like authority, and acknowledges same to be the act and deed ofsaid insurance company. My Commission Expires June 23, 2021 J. Mohr Notary Public CER'tIFICATE I, D. Bult, Assistant Secretary ofThe Continental [nsurance Company, a Pennsylvania insurance company, do hsreby certify that the Power of Attomey herein above set forth is still in force, and funher certiry that the By-Law and Resolution ofthe Board of Directorc of the insurarce company printed on the reverse hereofis still in force. ln -testimony whereof I have hereunto subscribed my name and atlixed the seal of the said insurancecompanyrhis -a"v"r iAR 16 20ll The Continental Insurance Company O J. MOHR HH.ffi^@ Form F6850-4/2012 iB D. Bult Assistant Secretary Authorizing Resolutions ADOPTED BY THE BOARD OF DIREC'TORS OF THE CONTINENTAL TNSURANCE COMPANY This Power of Attomey is made and executed pursuant to and by authority ofthe following By-Law duly adopted by the Board of Directors of the Company at a meeting held on May 10, 1995, "RESOLVED: That any Group Vice Prgsident may authodze an officer to siga specific documents, agreements and instruments on behalf ofthe Company provided that the name ofsuch authorized oliicer and a description ofthe documents, agreements or instruments that such officer may sign will be provided in writing by the Group Vice President to the Secretary ofthe Company prior to such execution bccoming effective." This Powsr of Attomey is signed by Paul T. Bruflat, Vice Presideot, who has been authorized pursuant to the above resolution to execution power of attom€ys on behalfofThe Continental Insurance Company. This Power of Attomey is signed and sealed by facsimile under and by the authority of the following Resolution adopted by the Board of Directors of the Company by unanimous writtm consmt dated the 256 day of April, 2012: "Whereas, the bylaws of the Company or specific resolution of th€ Board of DirectoN has authodzed various officers (the "Authorized OfIicers") to execute various policies, bonds, undenakings and other obligato.y instruments oflike nature; and Whereas, from time ro time, the signature ofthc Authorized Officers in addition to being plovided in original, hard copy format, may be provided via facsimile or otherwise in an electronic format (collectively, "Electronic Signatures"); Now therefore be it resolved: that the Electronic Signatue ofany Authorized Officer shall be valid and binding on the Company." callFoRNta aI-l--puRposE acKNowLEDGitE r ctvtl coDE s 1189 'i1,av'Fa&a?-.itrrr'i_a-a-aar:a:<) ati-a@ 1:a,a<-a-a,atr-y.i.{i A notary public or other officer completinq this certificate verilies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of California County of Riverside On March 20,20'17 Ana E. Chavez Perez, Notary Public Date personally appeared Name(s) of Signer(s) who proved to me on the basis of satisfactory evidence to be the personh) whose name(t) is,/ffg subscribed to the within instrument and acknowledged to me that helet€rlhry executed the same in hislbmltlEf authorized capacityfird, and that by hisfietfrfi.(r signatureh) on the instrument the person(t), or the entity upon behalf of which the person(6) acted, executed the inslrument. ANA E, CHAVEZ PEBEZ NOTARY PUBLIC . CALIFORNIA cor,4MrssroN J 21077@ RIVERSIDE COI.JNTY My comm. Exp. April 1g,20ie Signature Slgna of Public Place Notary Seal Above OPTIONAL Though this section is optional, completing this information can deter alteration of the document or fnudulent reattachment of this form to an unintended document. Description ot Attached Document Title or Type of Document Document Date:Number of Pages: Signe(s) Other Than Named Above: Capacity(ies) Claimed by Signer(s) ! Corporate Otficer - Title(s):! Corporate Officsr - Title(s) D Partner - ! Limited E General D lndividual ! Attorney in Fact D Trustee tr Guardian or Conservator D Partner - n Limited n General! lndividual ! Attomey in Fact! Trustee I Guardian or Conservator tr Other:E Other: Signer ls Representing:Signer ls Representing: 02015 National Notary Association . www.NationalNotary.org ' 1-800-US NOTARY (1-800-876-6824 ltem #5907 before me, Here lnsert Name and Title of the Officer Jeff Chambers I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. fr.//MZ:%'V/ Signer's Name: Signer's Name: -