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D.R. Horton Los Angeles Holding Company, Inc. Faithful Performance Bond TR37400 30130844FAITHFUL PERFORMANCE BOND CITY OF MENIFEE, STATE OF CALIFORNIA (Government Code Section 66499.1) 716.00 Tract MapFOR: Streets and Drainage $ Water System $ Rec- Water System $ Sewer System $ Other Proj TR 37400 Ref. lP20-016SD2 Bond No. 30130844 Premium $2,076.00 Total $ 716 000.00 Address 2280 Wardlow Cir #100 City/State Lisle. lL City/State Corona. CA zip 9287 B Phone 630468-5600 WHEREAS, the City Council of the City of Menifee, State of California,and D.R. Horton Los Anqeles Holdinq 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 / lP20-016SD2 RCFC Line A-9 , which agreement(s), dated , 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 The Continental lnsurance Company, as surety, are held and firmly bound unto the Cig of Menifee in the penal sum of Seven Hundred Sixteen Thousand and no/100 , Dollars, ($ 716,000.00) 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 condition of this obligation is such 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(s) 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 of Menifee in successfully enforcing such obligation, all to be taxed as costs and included in any judgment rendered. MENIFEE Surety The Continental lnsurance Company Address 801 Warrenville Rd. Suite 700 Pfincipal D.R. Horton Los Anoetes Holdino Companv, tnc. Zip code 60532 Phone (951) 739-5469 I rt*I FAITHFUL PERFORMANCE 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 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 to the terms of the agreement(s) or to the work or to the specifications.. Surety further stipulates and agrees that the provisions of Section 2845 oI 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(s) is complete, the city of Menifee 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 agreement(s). IN WITNESS WH above named, on EREOE this instrument has been duly executed by the principal and surety July 6, 2021. NAME OF PRINCIPAL: D.R. Horton Los Anseles Holdins Comoanv- lnc,.a California corDoration AUTHORTZED STGNATURE(S): Na Tiil <) B / (rF coRPoRATrON, AFFTX SEAL) Th ntinental lnsurance Com a AUTHORIZED SIGNATURE. oore,Its Attorney-in-Factam NAME OF SURETY: (tF coRPoRAT|ON, AFFTX SEAL) ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND ATTORNEY.IN.FACT. POWER OF ATTORNEY APPOINTI\C INDIvIDTiAL A1'TORNEY.IN-FACT Know All Men By Thes. Presents, Thal lhc C(rntinental lnsurance Company. a Pcnnslivania insurance company. is a duly orgunizcd and eristing insurance company having its principal ofl'icc in the City ofChicago. and Statc of lllinois. ard thal it does by virtue ol the signature and scal hcrcin Jllircd hcrch) mrrle. cI'nstitutr' lnd appoint James I Moore, StepheD T Kazmer, Dawn L Morgan, Melissa Schmidt, Amy Wickett, Kelly A Cardner, Jennifer J Mc Comb, Tariese M Pisciotto, Diane M Rubright, Martin Moss, lndividually ol'Dowlers (lrove. lt-. its truc and lawlul Attomcy(s)-in-Fact wilh tirll po\r,cr and authority hereby conlined to sign. scal and execute for and on its behalfbonds. undenaliings and othcr obligatory instruments ol similar nature - ln tlnlimited Amontlts - and to bind lhem thereby as fully and to the same exlenl as il-such insrumenb werc signed by a duly authori"rd oflicer ol'lie insurarcc company and all the acts ol said Attomey. puNuant to the authority hereby given is hcrcby ratified and confirmed. 'fhis Powcr olAttomey is madc and exccutcd pursuant to and by authority ofthc By-Law ard Resolutions, printed on the reverse hcreoi'. duly adopted. as indicated. by the Board ofDirectors ol the insurancc company. lD Witr6s whereof. The Continental losurance Compan) has caused these prcsents to be signed by its Vice Presidenl and its corporate seal to h( hcNto atlxed on this 20th day ofJune, 202l. The Continental lnsurance Company Paul '1 . Bruflat ice President Stalc ofSouth l)akota- Countv of Minnchaha. ss: On this2()thdayofJunc.202l. betbre me per,.$nally came I'aul L llrutlat to mc known, who. bcing by mc duly suorn, did deposc and sati: that he resides in the ( ity of Sioux ["alls. State of South l)akota: that hc is a Vice Presidcnt of The Contincntal lnsurance Company. a Pennsylviuria insurance compary. dcscribcd in and which executed the itbove instrument: thal he kno\ls thc scal ofsaid insurance company: that thc seal aflxcd t{r thc said instrumcnt is such corF)rate ileal: that it was so alll\cd pursuant to aulhoriq givcn b) thc lloard ofl)ircctors ofsaid insurancc compar),and that he signcd his n.unc thereto punuanl lo like authority. and achorvledges salne to bc thc act and deed ol'said insurance comparry. i M.B i6otcliE ENT qrui n Br*f My Commission Expires March 2.2026 M. Bent Notary Public CI]RTIFICAl'I] l. D. Johnv)n. As-sistarl SecrL'taD ofTle Contincnlal lnsu.arca Compan!. a I'cnnsl"lvania insumnce company. do hcrcby certill that thc Porvcr ol Attome) hcrcin abole s€t fonh is still in forcc. and iirrther certify lhat the By-lrw ard Rcsolution olthc Board of Dircctors ofthe insuralcc ormpar; printed on the revcrse hercolis still in lorce- ln tcstirnony whereo f I havc hereunto subscribed m, namc and attixed the seal ofthe said insurance company this 6'h day oiJuly. 2021 The Continental Insurance Company ...n...D. Johnson Assistant Secretary Form F6850-4i 201 2 Go to !vWw.cnasuletly.co!r > Owner / ObliSee Services > Validate Bond Coverage, if you want to verify bond authenticity. ., ,{uEduroJ .ql uo Surpurq puu prle^ ,q lleqs J..lllo pezuoqtnV ,(ueJo oJnteuBls Jruorlrsl'.1 .ql lDqt :pa^losei lr aq oJ(U!l5t$ ^{oN (.,s nleuits aruo.tla.l3,, ,(la^Ipallo3) PuuoJ llu ltrrl, uE ul 5st^\leqlo lo .llultslE sl^ pspl^old .q .(pul 'lorutol (doJ pJEq 'lEuriuo ut papr rord Surcq o1 uorlrppE ursJeJllto p.zroqnv .q] Jo eJnlPuers .qt 'auu ol .i!ll tuol-l 'sT.J.qr1A puB :e.lnlpu e)itlJo slueuIruNu! &oltl3!lqo roqto pLre sdurryuepun 'spueq 'sor.rlod snouD^ elncex? ol (,,sloJurO poTuoqlnV.. eqt) slci,llo snoue^ paz[oqlnE seq srotcol(l.lo p.leog aql.1o uorlnlosar cr.1D:tds ]o,{ueduoJ rqljo s^'\Bl{q cql 'sE.JcLlA\.. 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Atl O:l-ldaXIV slrorlnlosau puE s.iAB.I-,{g Surzuoqlnv CALIFORNIA NOTARY ACKNOWLEDGEMENT (lNDlvtDUAL) 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, accu , or validity of that document State of California County Of Rve6,de On 11712021 before me,Desme Dawn Savaria , Notary Pubrrc (insert name and title of , who proved to me on thethe officer), personally appeafed Jenn erL o'Leary basis of satisfactory evidence to be the person(r) whose name(q) is/are subscribed to the within instrument and acknowledged to me thal E/she/ll.ro$ executed the same in hlo{her^fieir authorized capacity(,€d, and that by ffiher/tharsignature(sl on the instrument the person(Si, or the entity upon behalf of which the person(gi 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. Signa 1 oE5|RAE OAWN tAVARt^{ot ry Publi(. C.liforniaRrver$d€ C 2151561ty Coftm. &ptrer ^pr 16.2025 ounry I Copyright O 2018 NotaryAcknowledgement com. All Rights Reserved WITNESS my hand and official seal. 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