Forestar (USA) Real Estate Group, Inc. Subdivision Monument Bond 36852 2316689SUBDIVISION MONUMENT BOND
CITY OF MENIFEE, STATE OF CALIFORNIA
(Government Code Section 66496)
Tract Map No. 36852
SUrety North American Soecialtv lnsurance Comoanv
Address 1200 Main Street Suite 800
City/State Kansas Citv. MO City/State Arlinoton, TX
zip code 64105 zip 76006
Phone (816) 235-3700 Phone (817\ 769-1867
That,Forestar (USA) Real Estate Group. lnc.subdivider, as principal, and North
American Specialtv lnsurance Company , a corporation, as surety, are hereby jointly and
severally bound to pay to the City of Menifee the sum of Eqrty Six Thousand Eishty and
no/100, Dollars 46 080.00
The condition of this obligation is that, whereas the subdivider, as a condition of the filing of
the final map of Tract Number 36852, entered into an agreement with the City of Menifee to
set Survey Monuments and Tie Points in said tract and furnish Tie Notes therefore and to pay
the engineer or surveyor performing the work, in full, within 30 days after completion.
NOW THEREFORE, if the subdivider shall well and truly perform said agreement during the
original term thereof, or of any extension of said term that may be granted by the City of
Menifee, with or without notice to the surety, 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 of Menifee in successfully enforcing such
obligation, all to be taxed as costs and included in any judgment rendered.
The surety hereby stipulates and agrees that no change, extension of time, alteration or
addition to the terms of the agreement or to the work to be performed thereunder 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 to the
terms of the agreement or to the work or to the specifications.
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.
Bond No. 2316689
Surety Premium $ 161.00
Principal Forestar (USA) Real Estate Grouo. lnc.
Address 2221 E. lamar Blvd Suite 790
SUBDIVISION MONUMENT BOND
lN WITNESS WHEREOF, this instrument has been duly executed by the principal and surety
above named, on June 24,2021
NAME OF PRINCIPAL: Forestar (USA)Real Estate Group, lnc.
AUTHORTZED STGNATURE(S):
By:
. AfJ {fn€
Tttle'.58N'n(Z V\Le @esoexr
(lF coRPoRAT|ON, AFFrX SEAL)
NAME OF SURETY: North American Specialty lnsurance Company
AUTHORIZED SIGNATURE:fuaW--
Noah William Pierce, Attorney-in-Fact
(rF coRPoRAT|ON, AFFrX SEAL)
ATTACH NOTARIAL ACKNOWLEDGM ENT OF SIGNATURES OF PRINCIPAL AN D
ATTORNEY-IN-FACT.
llt
Bea/
63q
Name:
/9Bi
rnSEAL
STATE OF North Carolina
COUNTY OF Mecklenburo to wit:
l, Catherine ThomDson, a Notary Public in and for the State and County aforesaid, do hereby certify
that Noah William Pierce, whose name is signed to the foregoing bond this day personally,
appeared before me in my said State and County aforesaid and acknowledged the same.
Given under my hand this ?{s day ot \'.rn c 202',|
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ublic
on the gth day of Aoril, 2022
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