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KB Home Coastal, Inc. Material and Labor Bond TM30142-2 K07948074fr+ ,\# IEr.: - FOR: Streets and Drainage Potable Water System Recycled Water System Sewer System 98'101 $ d491,00O00 TracUParcel 30142-2Map $ $ $ 359 750.00 10.750.00 351.000.00 Bond No. Premium KO794AO74 INCLUDED IN PERFORIVIANCE BOND Suretyryv Principal KB HOME COASTAL INC A CALIFORNIA CORPORATION Address 36310 rN[aND]laLLEyDB!.vE City/Slate SEATTLE, WA City/State wrLDoMAR, cA zip zip 92595Phone (206)664-77 50 WHEREAS, the City of Menlfee, State of California, and Phone (9sl)691-5245 KB HOME COASTAL INC A CALIFORNIA CORPORATION aftached agreement(s) whereby principal agrees to install and complete the above designated public improvements relating to (TracflParcel) 30142-2 , 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 T]tle 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 five million two hundred twelve thousand five hundred and 00/1 Dollars ($ 5.212.500.00) for matenals00 furnished or labor thereon of any kind, or for amounts due under the UnemploYment (hereinafrer designated as 'principal") have entered into, or are about to ent€r into, the Should the condition of this bond be fully perlormed, then this obligation shall become null and void; otherwise, it shall be and remain in full force and effect' 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 piy, in addition to the face amount thereof, costs and reasonable expenses and fees,'iniluding reasonable attomey's fees, incuned by the City in successfully eniorcing 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 ail peisons,'companies and corporations entitles to full claims under Title 15 (commencing with section 3082) of Part 4 oI 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. MATERIAL AND LABOR BOND CITY OF MENIFEE. STATE OF CALIFORNIA (Government Code Section 66499.1) Address zor prrr srneer. srE rozs The surely hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of this agreement or to lhe 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, alleration or addition. Surety further stipulates and agrees that the provisions of Sestion 2845 of the Civil Code are not a condition precedent to surety's obligations hereunder and are hereby waived by surety. lN WTNESS WHEREOF, this instrument has been duly executed by the principal and surety above named, on AUGUST 16 2011 NAME OF PRINCIPAL: KB HOME COASTAL INC A CALIFORNIA CORPORATION AUTHORTZED STGNATURE(S) By Name'. tnrclaeL lt- F,<eemA Tfle: u P LAt-b *- 'oat a,z:l P, 772 . ?LAd d lu a- (rF coRPoRATtON, AFFrX SEAL) NAME OF SURETY: WESTCHESTE IRE INSURAN AUTHORIZED SIGNATURE: lb Attorney-in-Fact Tltle NATALIE K. TROFIMOFF. ATTORNEY-IN-FACT (IF CORPORATION, AFFIX SEAL) ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND ATTORNEYjN-FACT, ANY MATERIAL AND LABOR BOND CALI FORNIA ALL.PURPOSE ACKNOWLEDGMENT On Auq ust 18. 2011 before me,Richard R. Keller , Notary Public, personally appeared Michael H Freeman, Jr., who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/a+e subscribed to the within instrument and acknowledged to me that he/sheAhey executed the same in his/her/their authorized capacity(ies), and that by his/he#the# signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instru ment. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal Rrcxlno n. xtr-LER Commission # lgrgTOg Notary Public - Cati,ornia Bivelside Counly zz2 M Comm [rprr€sJan21,20t5 Richard R. Keller (SEAL) State of California County of Riverside l/L^---wt[D CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT State of Californ ta County of Los Anqeles Daraw Mad v. Nota Public personally appeared,Natalie K. Trofim off who proved to me on the basis of satisfactory evidence to be the person whose name is subscribed to the within instrument and acknowledged to me that she executed the same in her authorized capacity, and that by her signature on the instrument the person, or the entity upon behalf of which the person 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. DARAVY MADY COI\4|vl. #1839912o z Notarv Public (aliforn Loi Anqeie! County hq Comm. E ire Mar. 9, 2013 SI OF Notary Public Seal OPTIONAL Though the data below is not required by law, it may prove valuable to persons relying on the documenl and could prevent fraudulent reattachment of this form DESCRIPTION OF ATTACHED DOCUMENT: TITLE OR TYPE OF DOCUMENT: NUMBER OF PAGES:DOCUMENT DATE: CAPACITY(IES) CLAIMED BY SIGNER(S} Signer's Name:Signer's Name INDIVIDUAL INDIVIDUAL CORPORATE OFFICER CORPORATE OFFICER Title(s Title(s PARTNER(S)LIMITE D GENERAL PARTNER(S)LIMITED GENERAL ATTORNEY.IN.FACT TRUSTEE(S) ATTORNEY-IN-FACT TRUSTEE(S) GUARDIAN/CONSERVATOR OTHER: GUARDIAN/CONSERVATOR OTHER: Slgner is repressnting: NAME OF PERSON(S) OR ENTITY(IES) Signer is rqpregsnting: NAME OF PERSON(S)OR ENTITYOES) on AUG 16 20ll before me, WITNESS my hand and official seal. x n n tr tr tr tr 83 Power of Attorney I(|row ell rr|cd by lh.!e pr.s€ntsi That WDSTCIIESTER FIRE INSURANCE COIttPANY, B corporation ofthe Commonweal$ otPenNylvania pursuant lo the fDllowing Rasolulmn, adopEd by fie Board of Directors of lhc said Company on December I 1,2m6, !o witi _RESOLVBD. |hl lh. f.ltoHnr D$.nz.ud r.l.rc r. rh. de{ua fd ud s haull oa O. C6+iy, or bondr, ui.{.tinsr, reosri,r6, toIr&a sd o${ inna omr1moB ot lh. comPo} cnr*d i o !n! ord6.ry c.@ of bB'6 l.rh t "lYnlL6 ConNl@.r') Ert ot d. Ch.ms. |n. P,.idal dd $a v'c. Pr6rnob of $? Coirr.r i. hd.b, .unbn,!d b .x-rE ev Wn[.n CohniinEll for {d M h.tdf or G. Conp&t, 6dd rh. t..l ol th. conprt o, WESTCHESTER FIRE INSURANCE COMPANY (l) (2) o) o) dl *d6 n.undizdi ty r,t S l ofpox.r,rorid.d fd in si,sd.ilra rFintEr 6.od ioNr-iFltd I'rl FE, od [$onty ro qflu|4 l.r rld cn b6rlf ot t't CorlDo, Eld dE 361 atd! Cohrt, { orhdvi!.. $.h wnrar Cdsim.la or0, CdS,i!' ! y 6! tr.dnd b &d Brib +poinr,H. *ll'd $..'n.:rion ut t ty roa.l ryr.o. dlt ol\vnno Coo,fibEl. t bt treli..lio of d. d lle Fn',d! wriiacmtur,a cx6!, fo, ed 6 hddf oari. Cohr.D. s&r $. C6pFy ! *d d .rhdr€, lud W,illd ColmiuEs ol dE CohFny 3 r. tD@li.d,r 3!.n *ni! 'Ll.rdid. ttid lC@lioxd my h. hy ,Nr.l $p. o.lB of wnu@ Co,mtmB or bI tFc'nsio of ce d DE prliculrl Wnn n cd ilmia Th.lis u. ltDy om@r q o0.. prtdt .r*cnnl,y \v!i06 CooniuEl d.pFi.nml6 &&fdro,sDt rothil R6bllIio& &d d. s!.1olrtu C@Pqy, n!, t dix.d t-! faam'lc 6 och wnr.r Coiwyndr d r rh rppolnl6l q &kru6 Conrey, ed rsh lMluro llEll not ljdr or oth@ilt .]Iet {!. orci! of u) r*} Pord 4 .ul'onv .dt i*ie rdidlv 3r&Ld s v*.d. Does hereby nominate, constitute ard appoint Cesar Fravicr, ChristiDa ,ohnson, Dlrsry Mady, Jeffrey Stmssrcr, KrisriDe M€ndez, Ndtalic K Trolimoff, Patricia Tllayera, l enzcr V CunninEham, all of$e City of LOS ANCELES, Califomia, esch individuatly if thcrc be more lhan one named, its true ahd lawful atlomey-in-facl. to makq execute, senl and ddliver on its khali and as its sct and deed any and slt bonds, undcahkirEs. recognizanccr, contrBc6 and olher \.rritings in lhc nature lhercof in penahres not oxcesding T*6nty fivr million dollus & z.ro ccnts (125,000,000 00) ard &c cxecugorl of swh wtitings in pursuanc€ of lhele presents shall be as binding uFon sajd Compsny, as fully and ampty a! ifthey had beeD duly execulcd lnd acknowled8ed by the regularb eleated officers oflhe Company al ils pnncipal ollicc, lN WITNESS WHEREOr, the said Stephen M. llancy, Vicc.President, has hereunro suh6ciibed hrs namc ond amxed lhe Coryorale seal ol'lhc soid Wf,STCItESTER FIR' lNst'jRANC, coiuPANY this 5 dav ofJanuary 201 l wEsrcHf,srER FIRE INsuRANcE cotpANy SDcpltn M tl.rE). vl[. h6id{$r COMMONWEALTH OF PENNSYLVANIA CoUNTY Or PHILADELPHIA ss. On this 5 doy of Janusry, AD. 20 I I bcforc me, a Notary Publ ic of tha Commonwealth of Pennsy lvania in and for tht Counry of Ph ilad+lphia csme Stcpheh M. Hancy ,Vicc-Prcsidcm afllic WESTCHESTER FIRE TNSUR NCE COMPANY to me personally kno\h to be the individu8l and omcer who execukd fia preacding iBtrumanq and hc acknowledgad thrt he exccuted thc a.nc, snd that the soal .flixed to tbe precediry insltument is lhe corporate ieal ofsaid Compnny; thtt ihc said clorporatc seal and hk siBn6turc wEle duty amxcd by thc authorig ard dlri4:rioli oflhc said corporation, and th&l Resolutioo, adopled by lhc Board oI Dircclors ofsaid Company, refencd !o in thg prcceding insEumcn! ii Dow in fglEc. IN TESTIMONY \.VHEREOF, I have hcr.umo scr my hsrd and amxed my olliciqlieal at &€ City ofPhiladelphia the day and year first sbovc $rillen. l, rhe undcrsigned Assitranr Secrekry ofthe WESTCIIESTER FIRE INSURANCE C0MPANY, do lEr€by cenif, that the original POWER Or ATTORNEY, ot which thc foregoing is s subclsntially tIua and corccl copy, b in full forcc lnd effect. In wirncss $her€of, t tlave hcrcunro subscribed my name ns Assistut secrelary, and a,Iixed the corporatc alal oflhe Cotporation, this dsy of AUG 16 20lt /. t. K.li). THIS POWER oF AT]oRNEY MAY NOT RE IJSED TO EXI]CUTE ANY BOND WITH AN INCEPTION DATE AFTER January 05,20I3 f#xrngr E rlxol I THE BACK oF THls DocuMENT Ltsrs vaFtous sEcuarry FEATTJRES I THAT wlLL PBorEcr AGAlNsr coPY couNTERFElr aND aLTEFATIoN I Jf,"/^ m hi*^"--