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Lennar Homes of California, Inc. Faithful Performance TM34406-6 024235845FOR: Streets / Drainage Water System Sewer System Total FAITHFUL PERFORMANCE BOND CITY OF MENIFEE, STATE OF CALIFORNIA (Government Code Section 66499.1 ) $ 1,590,ooo.oo Tract Map 34406-6 500.00 Other Proj. Ref Chelsea (Herita qe Lake) 447,000.00 Bond No. 024235845 320 500.00 Premiunr $ 6,962.00i annum $ $ $2 Surety Liberty Mutual lnsu rance CompanV Address 175 Berkelev Street City/State Principal Address Lennar Homes of California ,lnc 980 lt/lontecito Dnve City/State Corona .CA Zip code Phone 02116 zip 92879 (617) 357-9s00 Phone (S51) 817-368 0 WHEREAS, the Cily of lVlenifee, State of California,and Lennar Hom es of California, lnc. (hereinafler 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 TM 34406-6 , 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 agreement(s); NOW, THEREFORE, we the principal and Liberty lvlutual lnsurance companv , as surety, are held and firmly bound unto the City of N,4enifee in the penal sum of Two Million Three Hundred Twentv Thousand Five Hundred and no/100, Dollars, $ 2,320,500.00 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 conditrorr of this obligation is sr.rch that if the above bonded principal, his or its heirs, executors, administrators, successors or assigns, shail 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 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 attorney's fees, incurred by the City in successfully enforcing such obligation, all to be taxed as costs and included in any judgment rendered. si 8i l5 Boston. IMA 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 anyvvise affect its obligation on this bond, and it does hereby waive notice of any such change, extension of tirne, alteration or addition. Surety furthei 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 lrilenifee 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 for the one-year maintenance period provided for in the agreements(s). lN WITNESS WHEREOF, this instrument has been duly executed by the principal and surety FAITHFUL PERFORMANCE BOND above named, on January 9 2 019 NATME OF PRINCIPAL:Lennar Homes of California, lnc., a California corooration AUTHORIZED SIGNATURE(S) By (tF coRPoRATrON, AFFIX SEAL) NAt\4E OF SURETY: Liberty Mutual ) lnsurance Company ,L$l\G,-AUTHORIZED SIGNATURE Kathy R. Mair Its Attorney-in-Tiile (tF coRPoRAT|ON, AFFIx $EAt-) ATTACH NOTARIA,LACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND ATTORNEY.IN.FACT. ,t8/t5 Ft^,ialtr[] SE -4+-4-- Name: 6eo0fue sr',lt\ Title: Vrc{ @ttun* ACKNOWLEDGMENT A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness. accuracy, or validity ofthat document. S'lA'l lr OF CALIFORNIA On Januar.v 10.2019 before me, Chastit), Molina. Notarv Public, personally appeared Geoffrey Smith, who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) ishrc subscribed to the within instrument and acknowledged to me that he/shelthey executed the same in hislhe#thei+ authorized capacity(ies). and that by hislher/their signature(s) on the instrument the person(s), or the entity upon behall of which the person(s) acted, executed the instrument. I certifr under PENALTY OF PERruRY under the laws of the State of Califomia that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signature lhnfrtumlaa (Seal) CHASTITY T4OLINA Notary Pubtic. Califof ria Rrver5166 6orn,, Commirsion, 2268'6 i4 Ay Co|nf;. Erpire! Xov 10. 2022 ffi. COUNTY OF RIVERSIDE CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT notary pub tc or other offi r com p et ns thIS certificate fi th iddneSonveentity of the nd idUa ho Srgned theocumenttochthScertificateISattachedandnotthetruthfunesidSaCcuracvoIatyof State of California ) )County of Oran qe On before me,Mechelle Larkin Nota PublicrVDATElName ot Notary publi c and Tille Notary pubtrc,,l personally appeared Kathv R. Mair - IName(s) of Sgne(s)l I,IECHELLE LARKIN NotaryPuhli. California OrangeCounly [ommirsron l2]93490 My aomm. [rpr.es Apr 24,2021 WITNESS my hand and official seal 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: Kath V R. lvlair Signer's Name ! Corporate Officer - Tifle (s)E Corporate Officer - Title(s) tr! Partner- [ Limiteo ! ceneral Partner - Individual Trustee Other: n Limrteo Generallndividual X Attorney-in-Fact Attorney-in-Fact Guardian or ConservatorTrustee Other: ! Guardian or Conservator Signer ls Representing: JAN 09 2019 who proved to me on the basis of satlsfactory evidence to be the person(s) whose name(s) is/a+esubscribed to the within instrument and acknowledged to me that'he/sne)t+ey executed the samein his/her/their authorized capacity(ies), -and that 5y h+s/her/thei+ .ig;ri*"(l,l ;" the instrumentthe person(s), or the entity upon behallof which the person(s) acted, executed the instrument. I certify under PENALTY oF PERJURY under the laws of the State of California that theforegoing paragraph is true and correct. \ that document. Signer is Representing: SURETY KNoWN ALL PERSoNS BY THESE PRESENTS: Thal The O Cunnrnsha,n. Kafl I)avrs This Polr€r of Altorney limits the acts of those named herein, and lhey have no autho ty to bind the Company exceptin lhemannerand to the extenl herein stated, Liberty Mutual lnsurance Company The Ohio Casualty lnsurance Company West American lnsurance Company POWER OF ATTORNEY hio Cesualty lnsurance Company is a corpo€tion duly LibcrW Mutudl Cerllf cal€ No 8'1971 70-0240 1 7 Liberly Mulual lnsurance Company is e corporaton du y orqenized underthe aws oi lhe Stale of l\,{assachusetls, and organized under lhe laws ot lhe Slate of New Hampshire, that WestAmercan lnsurance Company s a corporaUon duly organrzed u nder lhe aws ol lhe Slate ol lnd ana (here n coJtecl vs y cal ed lhe "Compan ies'), puGuail to and by aulhorily he rein setfodh does hereby name, constilule and appo nt, Ten . Manha Conzalest N4y llua. Mcchelle Larkin. Kalh R Mair. Joaquin Perez. Brcnda Wona allofthe cilyol Los Aneeles slateof execule, seai, acknowledge and delver,lorand on ils behaif as surely end as ls act and desd enyand all Lindeiakings, bonds, recognizances and olhersurety ob igalrons, in pursuanc6 each indrvidually illhere be more than one named, ils kue and lawfulaflomey- nJacl lo rnake ol these presenh and shall be as binding upon the Companies as lf they have b6en duly signed by Ihe presidenl and allest€d by lhe secrctary of lhe Companies in their own prcper peasons N WITiiESS WHEREOF, this Poqcr of Atlom€y has b€€n subscibed by an authodzed omcer or oflicialof the Companies and lhe coporate seals ol th6 Companies hav€ been alfixed thercto this 2lrd dayol October ,2018 Liberly Mulua lnsu Th€ 0hio Casually rance Company lnsurance Company urance Company By oavid M. Ca@y Assistanl Secrelary Slale ol PENNSYLVAN]A County ol [TONTG0MERY On this 2-lrd dayol Oetober , 2018 before me pe.sonally appearcd oavid M Carey, l,tho acknowledged himsell to belhe Ass slant Secrclary ol Liberty l\,4uluallnsurance lherein contained by signing on behalfol the corporalions by himsel, as a duly aulhorzed offcer lN WITNESS WHERE0F,I have hereunto subscribed my name and affixed my notaralsealal King of Pruss a, Pennsylvania. on the day and year firstabove w lien. \COIII'OIIWEALTH OF PETI{SYLVAIIIA ercsa Paslela, Notary Pub c;_, iro|lDr S-lt lt' P-r.a., tloL.! P!.tr. Uppr rft.Blw,, Mo.rapn .ycertM,Com'*s E rdr M.rd 28 2O2r /-frlLBy lnsurance Company, and Wesl Ameican lnsurance Companywhrch resolutions are now in lull,orce and effect reading as lollows ARIICLE N - oFFICERS: Sectioi 12. Powsr of Attomey. Any officer or othor oflicialol the Corporalion a0thonzed for lhal purpose in wriling by the Chairman or lhe P€sidenl, and subjecl lo such timitation as the Chaiman or lhe Presldenl may prescdbe shall appoinl such allomeys-injact, as may be necessary lo acl in behal, ot lhe Corpo.alion to make, execute, seal acknowledge and deliver as surly have lull power to bind the Corporalion by thek signalure and execulion of any such inslruments and lo allach lhereto the seal of lhe Corporation. When so executed, sLlch provisons ofthis a lcle may be revoked al any llrne by lhe Board the Chairman,lh6 Presrdent orby lhe officer or ollicers granting such poweror authority. ARTICLE Xlll- Erecution of Conracb: Soction 5. Surety Bonds and Undenaktngs shall appolnl such altorneys-in-facl, as may b€ nec€ssary to acl in behaf ol lhe Company to make, execute, seal acknowiedge and deliver as suEty any and all undertakings, Company by lhoir signatue and executron of any such instrumeflls and 10 atlach lheeto lhe seal ol lhe Company When so execuled such inslruments shal be as binding as il signed by lhe pEsidenl and allesled by lhe secDlary facl as may be n€cessar lo act on behalfol lhe Company to make, execute, seal acknowedge and deliveras suEty anyand allundertakings, boids, recognizances and olher sur8ty obiigalions. the same lorce aid eftecl as though manually alfxed. I, Renee C Llewellyn, lhe unde6igned, Assislanl Sec€tary, The ohio Casualty lnsurancc Company, Lrbedy Mulual lnsurance Company, and West Ameren lnsu€nce Company do has nol been revoked lN TESIIMoIIY WHEREoE lhave hereunto sel my hand and amxed the seals oi sad Companiesthis dayot JAil 09 201S 19'l 9't912t \NS 't9s1 \s t o)o) .EEqgo)o q.) ,md> 3[ qio6aci! (,) !: 6',p PgO,Etr-:ao(5 o>\(I'c>o -Fo-_zd c --o coFU) IJJ t E c z -o N N (o o) o -c c 1912 \NS t 1919 1991 ltls lr 5 By: Lleweliyn, Ass G :\ LMS-12873 LMrC OC C 1J^/A C MutU Co_062018