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Pulte Home Company, LLC Material and Labor TR366582 SU1176070MATERIAL AND LABOR BOND CITY OF IUENIFEE, STATE OF CALIFORNIA (Government Code Section 66499.1 ) FOR: Grading / Drainage $ Erosion Control $WQMP $Total $ 00752,0 228,500 12,000 992 500 Other Project No. Bond No. SU1l76070 Premium $7,444.00 Su rety Arch Insurance Company Principal Pulte Home CompanY, LLC Address Harborside 3 210 Hudson St., Suite 300 Address 27401 Los Altos, Suite 400 City/State Jersey City, Nl CitytState Mission Vieio, CA Zip 07311-1107 zip 9269 t Phone Phone WHEREAS, the City of Menifee, State of California, and Pulte Honre Company, LLC , (hereinafter designated as "principal") have entered into, or are about to enter into, the attached agreement(s) whereby principal agrees to install and complete lhe above designated public improvements relating to TR-36658-2 , which agreement(s) is/are hereby referred to and made a part hereof; and, WHEREAS, under the terms of said agreement, 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 15 (commencing with Section 3082) of Part 4 of Division 3 of the Civil Code of the State of California; NOW, THEREFORE, said principal and the undersigned, as corporate surety, are held firmly unto the City of Menifee and all contractors, subcontractors, laborers, material persons and other persons employed in the performance of said civil code in the sum of ;iT,l,'#::r'jJil rNo rrhuaand Dollars, $992 500.00 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 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 entitles to full claims under Title 15 (commencing with Section 3082) of Part 4 of Division 3 of the Civil Code, so as to give a right of action to them or their assigns in any suit brought 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. 9t8,l5 TracUParcel TR.36658-2 MATERIAL AND LABOR BOND The surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of this agreement or to the specifications accompanying the same shall in anywise affect its obligation on this bond, and it does hereby waive nofice of any such change, extension of time, alteration or addition. Surety further stipulates and agrees that the provisions of Section 2845 of the Civil Code are not a condition precedent to surety,s obligations hereunder and are hereby waived by surety. IN WITNESS WH above named, on EREOF, this instrument has been duly executed by the principal and surety September 8th 202r NAME OF PRINCIPAL: Pulte Home Comn any, LLC AUTHORTZED StcNATU RE(S) By An Na me: D. Bryce Langen Title: VP & Treasurer (lF coRPoRAT|ON, AFFTX SEAL) NAME OF SURETy: Arch Insurance Compit L-, Peter S. 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Bryce Langen, VP & Treasurer of Pulte Home Company, LLC, who provided to me on the basis of satisfactory evidence to be the person who appeared before me and is personally known to me. WITNESS my hand official seal. &hLD.anJ*;S[n a tu re o/N ott, P u b I i c Shirley E. Hutchins Notary Public State of Georgia My Commission Expires: March 18, 2022 SHIRLEY E HUTCHINSNotfiy irublc State (J, Georora Fulton Counrvl/l Cunm,sson g1p7o" fi", 16. 202 ACKNOWLEDGEMENT BY PRINCIPAL