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D.R. Horton Los Angeles Holding Company, Inc. Material and Labor Bond TR37400 30130824MATERIAL AND LABOR BOND CITY OF MENIFEE, STATE OF CALIFORNIA (Government Code Section 66499.2) FOR: Streets and Drainage Water System Rec. Water System Total $ $ $ $ 1 500.00 TracUParcel Map TR 37400/tP20-016 47 750.00 Bond No. 3013 4250.00 Premium lncluded in Performance Bond 1,'171,500.00 040 Su rety The Continental lnsurance Comoanv City/State Lisle IL Zip code 60532 zip 92880 Phone (951) 739-5469 WHEREAS, the City Council of the City of Menifee, State of California. and D.R. Horton Los Anoeles Holdin Companv. lnc..(hereinafter 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 TR 37400 I tP20-016 which agreement(s), dated made a part hereof; and, is/are hereby referred to and WHEREAS, under the terms of said agreement(s), 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 3 (commencing with Section 9000) of Part 6 of Division 4 of the Civil Code of the State of California; NOW, THEREFORE, said principal and the undersigned, as corporate surety, are firmly bound unto the City of Menifee and all contractors, subcontractors, laborers, material suppliers, and other persons employed in the performance of the agreement(s) and referred to Title 3 (commencing with Section 9000) of Part 6 of Division 4 of the Civil Code in the sumof One Million One Hundred Seventy One Thousand Five Hundred and no/100 Dollars, (1 17',!s00.00 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 of Menifee 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 entitled to file claims under Title 3 (commencing with Section 9000) of Part 6 of Division 4 of the Civil Code, so as to give a right of action to them or their assigns in any suit broughl 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. t0t26t20 Principal D.R. Horton Los Anqeles Holdinq Companv. lnc. Address 2280 Wardlow Cir #100 City/State Corona, CA Address 801 Warrenville Road #700 Phone 630-468-5600 MATERIAL AND LABOR BOND The surety hereby stipulates and agrees that no change, extension of time, alteration, or addition to the terms of the agreement(s) 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 ol 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 June 'l 5 2021 AUTHORTZED STcNATURE(S) B ame Title (rF coRPoRATrON, AFFTX SEAL) NAME OF SURETY.e Continental lns nce Com n AUTHORIZED SIGNATURE J oore, Attorney-in-Fact Title (rF coRPoRATrON, AFFTX SEAL) ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND ATTORNEY-IN-FACT. 10t26t20 NAME OF PRINCIPAL: D.R. Horton Los Anqeles Holdinq Companv. lnc. L U CALIFORNIA NOTARY ACKNOWLEDGEMENT (tNDtvtDUAL) A notary public or other officer completing this certificate verifies only the identily of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or valid of that document. State of California County Of RveB,de On 6t1712021 before me,O€s rde Dawn Savana Notary Publrc (insert name and title of , who proved to me on thethe office0, personally appeared Jenn e, L. o'Leary basis of satisfactory evidence to be the person(s) whose name(t) is/a,e subscribed to the within instrument and acknowledged to me that k/she/lb6$ executed the same in hiq{her/tboar authorized capacity(jod, and that by ffiher/tEirsignature(sf on the instrument the person(9, or the entity upon behalf of which the person(gl acted, executed the instrument. I certify under PENALry OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal Signature (Seal) o€slR,{t DAw! sAvARlANot.ry Publr( , Crlifo.nr. 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'S661 '0 | {er\l uo pllq Bureiu e te ,{uDdtuoJ cql Jo sJotaorr(lJo prBog oql ,{q pcldopB {lnp ,hr-l-,{g Eur^io oJ eqlJo &uoqlnE ,{q puE of tusnslod pclnsoxc plrE opBu, sl ,{t(Uollv.lo re^ od slq.l ANVdr'!O.):IJNvUnSNI 'IV.l-N:iNlI.NOJ 3HI lO SUO].I3dlC l0 CUVOII :lll t AA C3IIOCV suo!lnlosau puE s,raE'I-,tg BulzFoqlny State of Illinois County ol DuPage On J une I 5. 2021 , before me, Sinem Nava, a Notary Public in and lbr said County and State, residing therein, duly commissioned and swom. personally appeared James l. Moore known to me to be Attorney-in-Fact of The Continental Insurance Company the corporation described in and that executed the within and tbregoing instrument, and known to me to be the person who executed the said instrument in behalfofthe said corporation. and he duly acknowledged to me that such corporation executed the same. IN WITNESS WHEIIEOI-', I have hereunto set my hand and allixed my olficial seal. the day and year staled in this certilicate above. My Commission Expires Aueust 28. 2021 SS t II t OFFICIAL SEAL SINEM NAVA NOTARY PUBLIC. STA]E OF ILLINOIS MY COMMISSION EXPIRES:082M1 S Nava. Notary blic Commission No. 859777