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VSK Investments, LLC Material and Labor TM37145 4449551MATERIAL AND LABOR BONDCIry OF MENIFEE, STATE OF CALIFORNIA (Government Code Section 66499.2) FOR: Streets and Drainage g 65.750.00 Water System $ Sewer System $ Surety Markel lnsurance Company 1 Camino del Rio N #1450 /State San Dieqo, TracUParcel Map 37145 Bond No 4449551 Premium g lncluded in Performance Bond VSK lnvestments. LLC 41805 Albrae reet Principal Address City City/State Freemont- CA Zip 92108 Zip 94538Phone (61 9) 4004100 Phone 650-799-294S WHEREAS, the City Councit of the City of Menifee, State of California,and VSK lnvestments, LLC,(hereinafter designated as "principal') have enlered into,or are about toenter into, the attached agreement(s) whereby principal agrees to install and complete theabove designated public improvements relating to Parcel Mao 37145.which agreement(s), dated is/are hereby referred to and made a part hereof; 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 sufiicient payment bond with the bity ot Menifee to secure the claims to which reference is made in Title 3 (commencing with Seition 9000) of Part 6 of Division 4 of the Civil Code of the State of Catifornia; NOW THEREFORE, said principal and the undersigned, as corporate surety, are firmlybound unto the City of Menifee and all contractori, subcontractors, laborers, material suppliers, and other persons employed in the performance of the agreement(s) and referred to lltle 3 (commencing with Section 9000) of Part 6 of Division 4 of the Civil Code in the sumof .Sixty Five Thousand Seven Hundred Fiftv Dollars, ($ 65.750.00) for materials furnished or labor thereon of any kind, or for amounts aue undei ihe 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 aftorney's fees, incuned 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 inura to the benefit ofany and all persons, companies and corporations entitled to file claims under Tltle 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 rn 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. Address 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 il 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 of the Civil Code are not a condition precedent to surety's obligations hereunder and are hereby waived by surety. IN WTNESS WH above named, on EREOF, this instrument has been duly executed by the principal and surety December '1 2021 NAME OF PRINCIPAL: V KI nvestme ts. LLC By: Na :8) Title: y't{gftra. (IF CORPORATION, AFFIX SEAL) NAME OF SURETY: Markel lnsurance Company Attorney-in-act Title Spencer Flake (lF coRPoRAT|ON, AFFIX SEAL) ATTACH NOTARIALACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND ATTORNEY.IN.FACT. AUTHORTZED STGNATURE(S): AUTHORIZED SIGNATURE: A notary public or other otficer 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 of that document. STATE OF CALIFORNIA County of Orange On 12t01t2021 before me. Erin SheMood , Notary Public, lnssd Name ol Nolary exaclly as it appearc on th6 olficial seal ) CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT personally appeared S ncer Flake (! ERIN SHERWOOD coMM. #2202388 NOTAFY PUBLIC . CALIFORNIA OBANGE COUNTY MYCO ' EXPTBES iuLY0s 2023 Placa NolEry SealAbove a ! Wtness my Signature hand a official seal n erwo OPT'ONAL Though the nformation below is not requted by law, it may prcve valuabte to oersons relvina on the documentand could prevent traudulentiemovdl and reattachment of the form to anothei ddcument. Description of Attached Document Title or Type of Document: Document Date Number of Pages ! Corporate Officer -Title(s)E Partner E Limited Ecenerat E Attorney in Fact E Trustee E Guardian or Conservator E Other: Signer rs Represent ng Signer's Name ! lndividual E Corporate Officer -Title(s)E Partner E Limited E General E Attorney in Fact ! Trustee E Guardian or Conservator E Otherl Signer is Representing Top of thumb here Top of thumb here who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to thewithin instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument theperson(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. Signe(s) Other Than Named Above: Capacity(ies) Claimed by Signer(s) Signer's Name: n lndividual RIGHTTHUMBPRINT OF SIGNER RIGHTTHUMBPRINT OF SIGNER KNOwALL MEN BY THE5E PRESENIS:That SureTec ln sura^ce Compa n y, a Co.poG tion duly orSrnired and exining underthelews ofthe Srate olTexasand havlng irt principal6ffice in the Co!nty of H.ri5, Texar and Markel lnr!rance Cohpany (the "Company-), a corpo.atio. duly o.tanired and €ristint under the laws of lhr {.te ollllinois, and having its principal . d mln it(, tive office in Glen Allen, VirSinia, doer bythe5e prelents mak., constitute and appoint: JOINT LIMITED POWER OF ATTORNEY Charles L. Flake, David L. Culbertson, Spencer Flake, Heather Willis POA| 510123 in Ru5!o, SeniorVic. Preside.r of December 2021 Their true and lawful agent(s) and attorney(r).ln'fact, each in their repar.te cigacity if more than one l! named.bove, to male, execLIe, sealand d€liver for and on theil. own behalf, individuallyat a surety or ,oinllv, .s co-ru retrer, 3nd ar their act.nd de€d any.nd:llbondr and other !nde.r.kin8 in suretyship provided, howeve., that th€ penalrum of any one luch Inslrument €tecuted hereundcrshallnot exce€d lhe sum ofi Ten Million and 00/100 Dollars ($'10,000,000.00) Thai Powe. ofAttomey is grant€d and ir ritned .nd 3ealed !nder and by the authority of the lollowint Rerolutioni adopted by the 8oa.d of Oi.ectort of Sor.Tec ln.urance Company and Mar&el lnsuranc€ Comp.ny: "RESOLVED, That the President,senior vice P.esid€.t. vice Prerldent, Assistant Vice President, S€cretary, Trearurer.nd each olthem h€reby isrothorir€d !o erecute powers of attorney, and such authorilycan be executed by use offacsimile signalure, whi.h may b..tt.rt.d or acknowledged by anv olficer or atrorney, ofrhe company, quolifyint th€ attorneyor attorneyl namcd ln the Siven power ofattorney. to execute ln b€half of, and acknowledSe as the acr and deed olrhe SureTec lnsurance company and Marlellnsurance Comp.ny, as the care may be, allbond uf,denakintr snd contracrr otiuretyship, and to.ffixthe corporate 3ealrher€to." lN WITNES5 WHEREOF, Markel lntur.nce Company and SurpT€c lnsurance Company have caused their ofllcial sealto be hereunto affird and these presenB to be rigned by their duly authorted officcrs on th€ r6h day of Mry s\itmtfa i#i srn- :l; 2;,,g;:fs ;.:#fi fl:l:::,:,:"j::ff ".:,T::.:&!#;?,tii?s,.,,"" j : 691av;59,61 i !-:q': - N"i.,iiiR js!':-"4,'... zou:soa ...',f, s' ".qoi'. ..'i$'.. we. th€ unde,sisned ornce,s o,sureTec rnsur.nc. c..0."r."a "**i:ra13tgfriiqi,'[t"*os{i,0r.".,,r,fo.€going ir a ruil, true atrd coii€d copy is srlllln Iull fo.c! .nd .ffeci and hir.r4,l!i I ley.*t'd. By 5ureTec lnsuranre Company Mi.hael C. (eirniB, Preride.t Bvr Commonwealth of Virtinia Co!nty of Henrico 55: Onthisbih dayof Mry. ,oa A. O., before me, a Notary P! blic ol the Com monwea lth ofVireinla, in.ndfo.the Cou.tvofHenrico, dulv conm isslooed and qualified, cam€THEASOVE OFFICERsOFTHE COMPANIES,to m€ pe6onally known lo be the iodivldual! 3nd offrcerr dercribed in, who erEcuted the pre.edi.B instrument,sndtheyacknowledgedtheexecutionor5am€,.ndb€inSbymedulyswo.n,disposedandraidthattheyaretheotficerroftheraidcompani€s.foresaid, and that the teals affired to the proceeding inrtrument a.e the Corpor.te S€.15 ofsald Companier, ind the !aid Co.porate Seak a^d theh signaru.es as oftkers we.e dulv affixed and subs.rib€d to the laid l.!t.uhent by ihe authorityand direction ofthe said companier,6nd that Rerolutionr adopted bythe 8o.rd olOkecto.i of th! day a.d year fi.st above written lN WITNESS WHEREOf, we have iereunto set our hands, and.ffixed the Seak of s.id Companie3, on rhe 1St day BV Donna Oonavant, Notr.y Public Mv commi!.ion exgtes 1/11/2023 thal ih€ originalPOWER OF ATTORNEYofwhich rhe S! M6 By Markel lnsuran.e Companv Bkhard R. Grinnan, Vice Presid AnylBrruh.ntrrsu.din.r..srotth.p.n.hyn.t.d.bd.ietol.llyvoid..dwthoulanyv.lidity.5tOl2a Fo.v.ntienon ofrh. authorityoithi3 Pow..yoo m.y ..ll (7l3Fr 2-0300 on.ny busin.ts day b.tw..n 8i30AM.nd5:00 tM Cs-r uoLlersossv fueloN leuolleN 6 L ozo) 6urluasardaU sr rauOrS 6urluasa.rdag sr .rau6tg laqlo f :raqlo u roleruasuo3 J0 uerpren9 ! aalsnJl ! 1ce3 ur leurogy ! lenpl^lpul ! lerauac E pellul!'l ! -Jeuued ! (s)altrl - racrlJO a1e:odro3 g e[ueN s,JauOlS Joleruesuo3 J0 uerprene ! aalsnll f 1Ce3 ut ,iaurogy n lenpl^lpul ! lEraua9 ! pal!u!'l [ -Jeuued ! 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