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Lennar Homes of California, Inc. Faithful Performance TM34406 0545122*This bond supersedes Bond #0585122 issued on December 19,2012 FAITHFUL PERFORilANCE BOND FOR GRADING PROJECTS AND ' OR EROSION CONTROL OR 1ANDSCAPE IIf,PROVEIIENTS CITY OF MENIFEE, STATE OF CALIFORNIA (Government Code Section 66499.1) FOR GRADING: Precise Grading Erosion Control WQMP Total $ - 1.375.250.00 Tract 34406 $0.00 Other Project No. Bond No. Premium $4,126.00/annum Surety lnternational Fidelity lnsurance Company AddresS One Newark Center, 20th Floor Principal Address Lennar of California I 980 Dr. Suite 302 City/State Newark, NJ City/State Corona. CA. - _Zip code 07102 zip 92879 Phone (973) 624-7200 Phone (951)817-3500 WHEREAS, the City of Menifee, $ate of Califomia, and Lennar Homes of California. lnc. (hereinafter designated as 'principal') have entered into, or are about to enter into, the attached agreement(s) ti'hereqy principal agre€s to install and comdete ttp above designated grading project, related to Orac,t) Tt34406 , which agreement(s) is/are hereby refiened to and made a part heieof; and, WHEREAS, said principal is required under the terms of said agreement(s) to fumish bond(a) for the faittrful performance of 6aid agreement(s); NOW THEREFORE, we the principal and lnternational Fidelity lnsurance Company AS gurety, are held and firmly bound unto the City of Menifee in the penal sum of -Sg_U!!l!d!@Hundrcd Seventv Five Thousend Iiiro Hundrsd Fifrv and nor{00. Doilars JlEj!4llgggl tevfut money of the UniGd States, for the payment of which sum will and truly be made, we bind ou6elves, our heirs, su@essols, oxecutors and administrators, jointly and severally, ,irmly by these prosents. The condition of this obligation is sucfi 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 the covenants, conditions and provisions in the said agreement and any alteration theleof made as therein provided, on his or their part, to be kept and perfomed at the time and in the menner therein specified, and in all respects according to their true intent and meaning, and shall indemnify and save harmless the City of Menifee, ib officers, agenb 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 securcd hereby and in addition to the face amomt specified therefore, there shall be included costs and reasonablo expenses and ftes, including reasonaHe attomey's fees, incuned by the City in successfully enforcing such obligation, all to be tored as co€ts and included in any judgment render€d. eD0/2aw F $ 0.00$ 1.375.250.,00 FAITHFUL PERFORMANGE 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 2&45 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 g0o/o 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 executegr% the principqhand surety NAME OF pRlNCtpAL: Lennar Homes of California, lnc., a California corporation AUTHORTZE D STGNATU RE(S) : By: NAME OF SURETY: lnternational AUTHORIZED SIGNATURE: (tF coRPoRATtON, AFFTX SEAL) ity lnsurance Company Its rney-a Kathy R. Mair Title Name: Title: \ (lF CORPORATION; AFFIX- SEAL) ATTACH NOTARIAL ACKNOWLEDGMENT OF STGNATURES OF PRINCIPAL AND ATTORNEY.IN.FACT. 9120/20t9 ACKNOWLEDGMENT State of County of On 3 before me, (insert name an title of the personally appeared who proved to me on the is of tisfactory evidence to be the whose name(s) is/hq,esubscribed to his/hadr/iheir a the within instrument and acknowledged to me that heAhe/they pacity(ies), and that by niyhurnfrUt signaturets) o,i executed the same inuthorized ca the instrument thepersonfsl, or the entity upon behalf of which the person\{ acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoingparagraph is true and correct. WITNESS my hand and official seal.BETH ERULEY Notary publlc . Californla Riverside county ECommissionI 2247751t{y comm.Explres Jul Zt, Z0ZZ Signature (Seal) A notary public or other officer completing this certificate verifies only the identity of the individuat who signed the document to which this certificate is attached,and not the truthful NCSS ,accu|,acy or VA tid of that docu ment. CALI FORN!A ALL-PU RPOSE ACKNOWLEDGMENT A notary public or other officer completing this certificate verifies only the identity of the individuat who signed thedocument to which this certificate is attached, and not the truthfulnesi, accuracy, or validity of that document. State of California ) )County of nqe On ocT 0 ? 20is DATE [\Iechelle Larkin Notarv Publ le [Name of Notary Public and Titte "Notary Public"] R. Mair IName(s) of Signer(s)] who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the samein his/her/their authorized capacity(ies), and that by hi€/her/thei+ signature(i) 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. MECI-] ELLE LARKIN WITNESS my hand and officia! seal2 .(\ )l COUrrl # 2193490 ORANGE COUNTY NOIARY PUBL IC-CALi t- OR i NIAZ MY COIVMISSION EXPIRES APRTL 24,2A21 Signature of Notary Public Place Notary SealAbove Though this section is optional, completing this information can deter alteration of the document or fraudulent 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 Gapacity(ies) Claimed by Signer(s) Signer's Name Kathv R. Mair Signer's Name: trtrtrtrT Corporate Partner - lndividua! Trustee Other: Officer - Titl trtrtrtrtr Corporate Officer - Title(s):tr Limited eneral Partner - tr Limited E GeneralX Attorney-in-Fact tr Guardian or Conservator lndividual f Attorney-in-FactTrustee I Guardian or Conservator Other: Signer ls Representing:Signer is Representing: personally appeared M on be written the STATE OF NEW JERSEY County of Essex {.A#{' -' :r" e:::7f,.-.-.'" - i# IN WITNESS attested these and AS AS executedASintentsto atl oftheand AS as