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Pardee Homes Material and Labor Bond TM32277-1 929644871MATERIAL AND LABOR BOND CITY OF MENIFEE, STATE OF CALIFORNIA (Government Code Section 66499.1 ) Tract 32277-1 Bond No. 929644871 Zip 92879Phone 951-428-4435 S urety The Continental lnsurance Comoanv PrincipaI Pardee Homes Address 1455 Frazee Rd #300 City/State San Dieqo. CA City/State Corona, CA Zip 92108Phone 949-252-4400 WHEREAS, the city of Menifee, State of california, and pardee Homes , (hereinafter designated as "principal") have entered into, or are about to enter into, tfre attached agreement(s) whereby principal agrees to install and complete the above designated public improvements relatingto TR 32277-1 , 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 performance of said Civil Code in the sum of Two Million Five Hundred Eiqhtv Five Thousand and no/'!00 Dollars , $ 2.585.000.00 for materials furnished or labor thereon of anv 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; otheruvise, it shall be and remain in full force and effect. 9/8/15 FOR: Streets and Drainage $ 1.786.250.00*Flood Control $ 0.00 Dom Water Sys. $ 263,000.00 Rec. Water Sys. $ 12.000.00 Sewer System $ 523,750.00Total $ 2.585.000.00 PfemiUm is included in the cost of the performanae Bond Address 1250 Corona Pointe. Suite 660 MATERIAL AND LABOR BOND The surety hereby stipulates and agrees that no change, extension of time, alteration or addition tothe terms of this agreement or to the specifications accompanying the same shall in anywise affect itsobligation 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 theCivil Code are not a condition precedent to surety's obligations hereunder and are hereby waived bysurety. lN WITNESS WHEREOF, this instrument has been dul y executed by the principal and surety abovenamed, on January 26 2017 Pardee HomES AUTHORTZED StcNATURE(S) By:(/-, Nam Title: ChamWrsV? Cowtvvt qnt+1 Ocvw topo,lcn51 (tF coRPoRAT|ON, AFFTX SEAL) NAME OF SURETY T lnsuran Com an AUTHORIZED SIGNATURE:ina Mon A e ln-Fae Atto rney-rn-Fact (rF coRPoRATtON, AFFTX SEAL) ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRTNCIPAL AND ATTORNEY- IN.FACT. 9/8/15 NAME OF PRINCIPAL: Title ALL. PURPOSE CERTIFICATE OF ACKNOWLEDGMENT A notary public or other officer completing this certificale verifies only theidentity of the individual who signed the document to which this certiiicate is attached, and not the truthfulness, accuracy, or v6lidity of that document. State of California ) County of Oranoe ) on JAN2620ll before me, Brianne Davis, Notary Public (ffi ,nr.n luru .no tD. o! lh. oner) personally appeared who proved to me on Janina Monroe name$) is/am subscribed to the within instrumenl and acknowledged to me that hc/she/fiFy executed the same in hie/her/thejr authorized capacity(,irrx and that by hio/herfiicir signaturegf on the instrument the person$, or the entity upon behalf of which the person{of acted, executed the instrument. the basis of satisfactory evidence to be the person(g) whose I certify under PENAL oF PERJURY under the laws of the state of california that the foregoing paragraph is true and correct. WTNESS my hand and official seal. llAH:OeUr Conrnilaalon No. 20t7t52 oIIIY rtt tc€aroil{taoi^fc corx?Yricdn, tl.t rtE t.2or7 Notary blic Signature (Noiary Public Seal) 6I E ADOITIONAL OPTIONAL INFORMATION DESCRIPTION OF THE ATTACHED DOCUME (Title ed 0 (nte o( d$.ripti.n of Number of Pages attadl€d * oocument o"te I 2Lt l7 INSTRUCTIONS FOR COMPLETING THIS FORM fhislonn codpli.s ltth cuffcnt Cahlonio statutcr r.go ing hoton,norAng and,ilh..d.d. thould b? conql.tcd on.l albch.d to thc docmcn| lrcknohrd9nttront oth.r stat.t nE! b. .ongl.t.d/ot d.7rur, ntr b.iry s.nt to that ltat. so long a! th. \tot dihg doet aot rcquin th. Calilomia notaty to |iolate Colrhrno notory la$. St!rc rnd Courry rnfonnanor musl be fie Srat. rnd County wh€re rhe dcumml Bi8ner(s) Dcrsonrlly rppcarcd bclorc rhc notrry public for rcknowtcdgmcDl. D.rc of nobtiza(oo musl b. rhc ddc rh.l lic signcr(s) pdsoralty app.arcd $,trich rnusr also be lhc somc dat thc rcknowlcdgmcnt is complercd. Thc noury public must p.inl his or hcr firnc as il snp.lrs within his or hcr commission followcd by ! comrn lid lhcr your litlc (noury public). Prinl $c oanc(s) of documc .iSD6(s) who pcrson.lly lppcar st rhc tim€ of . bdrc.l. rhc cofrect sinSular or plurll form! by crossing ofT inconccl fionhs (i.a. Hshdrhcrr is /orc ) or circlin8 drc con€.r forms. Failurc rc coneclly indicar. $is inforDlrion msy lc.d to rEjccdon ofdo.um.Dt rc.ording.. Itc nobry rc.l impr6siofl musl b. clca. and pho{rgraphrcalty Efnodu.ibti. lrEprcssior musr nor Eovcr lex! or lincs. lf serl impression smudscs. rc-scat if o sufiicior arca p€mrirs, othcrwis€ complnc . difla.rcnl scknowledgmcnl fonn.. Si8mtur. of Uc .or'ry publ;c musr malch rhc aignlulrc on filc wih lhc officc of e Additional infomarion is not rcqoir.d but could hctp lo cnsuc this Dcknowlcdgncnr is oot misusld or attach.d to a diffcrcnl docum€,tl.,, lndiclt€ utle or t)?c ofrtta.hcd do.uncnr, numbcr ofFages snd dstc.+ lndic$€ thc crpaciry clatDed by rhc !i8na. lf thc claimed crp6city is a corporat. ofliccr, indi(lt th. ritl. (i c. CEO. CFO, S.cdary).. Sccurcl, stllch rhis documenr lo ih. sigoed docummt wllh 6 srapl.2'015 Versior v.^'r'w Nolar\alasrr,s.,ofi 800 87:1.gAt,5 CAPACITY CLAIMED BY THE SIGNERtr lndividual (s) O Corporate Officer (Titlef Partner(s) Attomey-in-Fact Trustee(s) Other tr E tr tr " POWER OF ATTORNEY A}POINTING INDIVIDUAL ATTORNEY-IN.FACT Know All Men By These Pr€sents,That The Continental Insurance Company, a Pemsylvania insurance company, is a duly orgarized and existinginsurance compary having its principal ollice in the City ofChicago, and State oftllinois, ard that it does by virue ofthe signature ird seal hereinaffixed hereby make. constitute and appotnt Jadtra Monroe, Tom Mc Call, Paul Bouch€r, Individually of Los Angeles, CA, its true and lawful Attomey(s)-in-Fact with full power and authority hereby confsned to sign, seal and execute for and on its behalfbonds, undenakings and other obligatory instruments of simila. nature - In Unllmited Amounts - and to bind them thereby as fully and to the same extent as if such instruments were signed by a duly authorized omcer ofthe insurance company and allthe acts ofsaid Attomey, pursuant to the authority hereby given is hereby ratified and ionfirmed. This Power of Attomey is made and executed prrrcuant to and by authority of the By-Law and Resolutions, printed on the reverse hereof, dulyadopted, as indicated, by the Board of Directors ofthe insurance company. ln wltlesr whereof, The Continental Insurance Company has caused these presents to be signed by its vic€ President and its corporate seal to behereto affixed on this 5th day of December, 20 t 6. State ofSouth Dakota, County of Minnehaha, ss: On this 5th day of December, 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 Insurance Company, a pennsylvania - insurance compaly, described in and which executed tie above instrument; that he knows the seal ofsaid insurance company; thai the seal ;IIixed to thesaid instrument is such corPorate seal; that it was so afflxed pursuant to authority given by the Board of Directors ofsaid insurance company and that hesigned his name thereto pursuant to like authority, and acknowledges same to be the act and deed ofsaid insurance compa[y. The Continental Insruance Company Paul Bru The Continental Insurance Company Vice President Notary Public CERTIFICATE I, D. Bult, Assistant Secretary ofThe Continental lnsurance Company, a Pennsylvaria insurance company, do hereby certiry that the power ofAttomey herein above set forth is still in force, and further certiry that the By-Law and Resolution ofthe Board of Directors ofthe insumnce company printed on the reverse hereof is still in force. ln testimony whereof I have hereunto subscribed my name and aflxed the seal of the said insurance My Commission Exptes June 23, 2021 a"v.t JAN ? 6 201? , lN3 company this u*) J, MOHR Form F6850-4/2012 D. Bult Assistant Secretary J. Mok O Authorizing Resolutions ADOPTED BY THE BOARD OF DIRECTORS OF THE CONTINENTAL INSURANCE COMPANY This power of Attomey is made ard executed pumuant to and by authodty ofthe following By-Law duly adopted by the Board of Directors of th€ Company at a meeting held on May 10, 1995. ..RESOLVED: That any Group Vice President may authorize an officer to siSn specific documents, agresments and instruments on behalf of the Company provided that ihe name of such auiho.ired officer 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 becoming effective." This power of Attomey is signed by Paul T. Bruflat, Vice President, who has been authorized pursuant to the above resolution to execution power of attomeys on behalf ofThe Continental Insurance Company. This power of Anomey is signed and sealed by facsimilelnder and by the authoriry of the following Resolution adopted by the Board of Directors of the Company by unanimous wrilten consmt dated tlre 25" day of April, 2012: ..Whereas, the bylaws ofthe Company or specific resolution ofthe Board of Directors has authorized various officers (the "Authorized OIficers") to exicute various policies, bonds, undertakings and other obligatory instrummts oflike naturc; and Whercas, from time to time, the signature ofthe Authorized Officers in addition to being provided in original, hard copy format, may b€ provided via facsimile or otherwise in an electronic format (collectively, "Electronic SiSnatures"); Now therefore b€ it resolved: that the Electronic Signature ofany Authorized Officer shall be valid and binding on the Company." 1069# uel U.289-91.8-OO8- t) AUVION Sn-OO8- t . 610 tuPloNlPuo[EN'/v1r ^1 . uoBelcossv tuP]oN l8uolleN I LOZO aY\,r{55.1ra, :6urluasardeu sl rauOrS :raqto tr:ror.llo ! rolPruasuoc ro uerpjene ! ealsrul D lceJ ul AauoUV D Pnpr^rpul E lEJou€9 E pollrull ! -Jauued! rolPruasuoc ro uBrprEne E eslsnrl ! lsEl ur ^auJollv E pnp!^rpul tr lProuae ! p3l!r-x!l n -rouuedn (s)atuJ_ - racu+O olBrodroC E (s)a[!-L - ]6cUtO olErodroC n auep s,rauOrg auPN s,raubrs (s)reu6rs ^q patr|tetC (sa!}A!cedeC :o^oqv peurpN upql raqlg (s)rau6rs :so6Pd lo leqLunN :alPo luauJncoo :luaurnco6 1o ad,(1 ro a111 luotuncoo peqcqtv lo uolld!.tcsoo 'pauncop papuolurun ue oJ wJol slql lo yeuq)el]f, yalnpnuJ )o lusun)op aql lo uo\aole )elap ueJ uo\euaopt s,1lJ 6u0eldutoc 'leuoedo st uoqaas slt qdnoql lVNOttdO e^oqv teas lJeloN oceH 6t0Z ,6t tudv .dx3 .uJtrroC,(yl AINnOC 30tsufAt8 z0z10tz * Notsstyrutoc vtNUoll'lv3 - ctland avloNz3u!d zSAvHc f vNv ajnlEuOrS 'lEas lercrllo puE pupr.l fuu SS3NIIM 'lCgIOC pUB AnJl Sr qdeJ6prpd 6uro6oiol aql lEql Eru.lolrlBC lo alels aql lo s^ pl or.ll rapun AUnluld lO AllVNf d lapun lryac I 'lueurrulsu! aql pslncsxs 'polcp (guosrod aql qcrqM Jo lpqoq uodn ^llua aql Jo '(s)uosr6d aql ]uor.unrlsur aql uo (4alnleuOrs ro0r4Doau(slq Iq lpqt pue '(rrr^lr3Edso pezuoqlns Ergp6qrsrq ur 6r.xBs aql paln3gxo fuqysq€faq lsql aui ol pgopal/v\oulge puE luaurn.rlsul ulqirM oql ol poqlcsqns BIU/sr (r)eupu osoqr (4uoslod aql aq o] eouepr^a fuolcElsllEs lo srspq oql uo aui oI pa^ord oq^A Weu6$ lo (s)aueN pa.madde IllEUosrod oleo 3rlqnd tueloN'zaiad za^eqC f euv 'aui eloloq /LOZ 'Oe tuenuef uO aplsrd^rf to ,(lunoC Prurollec ]o olEls 'luauncop lPql lo ArpltE^]o '/bEtncce 'ssaulntqlul orll lou pue 'paqcEue sr almllruac srql qcrLlr{ o} }uaurnoopeql peuors oLl/"\ lenpr^lpur aql lo ^Iluep! eql {uo seuua^ a}Eout]J€c s .ll outleduJoc le3uo lorl}o Jo cllqnd fue}ou V 68!r s 300c - ^tc lNtlrcotlao )lcv isodund-I.tv vtNuo4lvc a e srequeqc gar )acu)o eql p enll pue aueN uasul doH :6urluasardeu sl JouOrS cltqnd/(PtoN lo olreubjs ,,a_"uryuu% ( (