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Lennar Homes of California, Inc. Material and Labor TM28791 SU1166730MATERIAL AND LABOR BOND CIry OF MENIFEE, STATE OF CALIFORNIA (Government Code Section 66499.1) $953,000.00 Quartz Load Parcel Map 28791 Other Proj. Ref. Bond No. SUl166730 Premium $ Includcd irr Pcr'lbrnrancc llond FOR: Streets / Drainage Riv. Co. Flood Control $ Water System Rec. Water $ Sewer System $ 434 250.00 $193 500.00 20 750.00 182 000.00 Total $ 1,783,500.00 Surety Principal Lennar Homes of California, lnc. Address llarborside 3. 210 Hudson Strcet Suite 300 Address 980 Montecito Dr Suite 206 City/State Jersey city, NJ City/State Corona, CA zi 073 il zip 92879 Phone (201) 7434000 Phone (9sl) 817-35s4 WHEREAS, the City of Menifee, State of California, and Lennar Homes of California. 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 _@L, 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 One Million Seven Hundred Eiohtv Three Thousand Five Hundred and no/100 , Dollars, $ 1,783,500.00 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 Parl 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. 9/8/t5 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 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. lN WITNESS WHEREOF, this instrument has been duly executed by the principal and surety above named, on Novcmbcr 3 2020 NAME OF PRINCIPAL: Lennar Homes of Califomia, lnc., a Calilomia corporation AUTHORTZED STGNATURE(S): By me e: \r {,$an^ Sc\crlsleorn-ed 43".'+ (rF coRPoRATrON, AFFrX SEAL) fl NAME OF SURETY:Arch lnsurancc Company AUTHORIZED SIGNATURE Its Attorn in-Fact Title (IF CORPORATION, AFFIX SEAL) ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND ATTORNEY.IN.FACT. 9/8/15 My Hua CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT County of Oranqe on l{OV032020 before me,Kathv R. Mair, Notary Public DATE lName of Notary Publc and Tille 'Notary Public'l personally appeared IM lName(s) of S gne(s)l 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/she/they executed the same in his/her/thei+ authorized capacity(ies), and that by his/her/thei+ signature(s) on the instrument the person(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. KATHY R, MAIR Nolary Public - Calilornia 0range County Commission # 2193966 WITNESS my hand and official seal z zz t\4 Comm Ex nes May 22,2021 le Notary Public Place Notary Seal Above OPTIONAL Though this section is optional, completing this information can deter alteration of the document or fraudulent reattachment of this form to an unintended document. Description of Attached Document Title or Type of Document Document Date:Number of Pages Signe(s) Other Than Named Above Capacity(ies) Claimed by Signer(s) Signer's Name Mv Hua E Corporate Officer - Title(s)! Corporate Officer - Title(s) S ! Partner - E Ltmiteo ! General E lndividual N Attorney-in-Fact E Guardian or Conservator ! Ltmiteo E Generatn Attorney-in-Factn Guardian or Conservator Partner - lnd ivid ual Trustee Other: Trustee Other: Signer ls Representing:Signer is Representing: 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, accuracy, or validity of that document. State of California ) ) Sig ners Name California All-Purpose Certificate of Acknowledgment crvrL coDE 1189 A notary public or other offrcer completing this certit'icate verifies only the identity ofthe individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy! or validity olthat document. n State of Califomia ) County of Riverside ) On November 5, 2020 before me, Beth Bruley, Notary Public, personally appeared William Sacriste, 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 he executed the same in his authorized capacity, and that by his signature on the instrument the person, orthe entity upon behalfofwhich the person acted, executed the instrument. I certifu under PENALTY OF PERIURY under the laws of the State ofCalifornia that the foregoing paragraph is true and correct. WITNESS my hand and official seal.SETH ERULEY Notiry Publlc - Calilornl. Rlver!lde County Coonl$lon r 2247751 i{y Comm. trDlret Jut 24, 2012 Signature (Seal) @ Alc 0000280026 rHIS POWER OF ATTORNEY IS NOf VALID U'VLESS 'T'S PR""TED ON BLUE BACKGROUND This Power of Attorney limits the acts ol those named herein, and they have no authority to bind the Company except in the manner and to the extent herein stated, Not valid lor Note, Loan, Lefier of Credit, Currency Rate, lntercst Rate or Residential Value Guarantees, POWER OF ATTORNEY Know All Percons By These Presents That the Arch lnsurance Company, a corporation organized and existing under the laws of the State of Missouri, having its principal administrative office in Jersey City, New Jersey (hereinafter refeffed to as the "Company") does hereby appoint: Kathy R. [4air, Mechelle Larkin and My Hua ol lrvine, CA (EACH) its true and laMul Attorney(s)in-Fact, to make, execute, seal, and deliver from the date of issuance of this power for and on its behalf as surety, and as its act and deed: Any and all bonds, undertakings, recognizances and other surety obligations, in the penal sum not exceeding Ninetv Million Dollars ($90.000,000.00). This authority does not permit the same obligation to be split into two or more bonds ln order lo bring each such bond within the dollar limit of authority as set fodh herein The execution of such bonds, undertakings, recognizances and other surety obligations in pursuance of these presenls shall be as binding upon the said Company as fully and amply to all intents and purposes, as if the same had been duly executed and acknowledged by its regularly elected officers at its principal administrative otfice in Jersey City, New Jersey. This Power of Attorney is executed by authority of resolutions adopted by unanimous consent of the Board of Oireciors of the Company on September 15, 20'11, true and accurate copies of which are hereinafler set forth and are hereby certified to by the undorsigned Secretary as being in fullforce and effecl: "VOTED, That the Chairman of the Board, the President, or the Executive Vice President, or any Senior Vice President, of the Surety Business Division, or their appointees designated in writing and filed with the Secretary, or the Secretary shall have the powor and authority to appoint agents and attorneys-in-fact, and to authorize them subject to the limitations set forth in their respective powors of attornoy, to execute on behalf of the Company, and attach the seal of the Company thereto, bonds, undertakings, recognizances and other surety obligations obligatory in the nature thereof, and any such officers of the Company may appoint agents for acceptance of process." This Power of Attorney is signed, sealed and certified by facsimile under and by authority of the following resolulion adopted by the unanimous consent of the Board of Directors of the Company on September 15, 201 1: VOTED, That the signature of the Chairman of lhe Board, the Presid€nt, or the Execulive Vice President, or any Senior Vice President, of the Surety Business Division, or their appointees designated in writing and filed with the Secretary, and the signature of the Secretary, the seal of the Company, and certifications by the Secretary, may be affixd by facsimile on any po\der of attorney or bond executed pursuant to the resolution adopted by th6 Board of Directors on September 15, 20'11, and any such power so executed, sealed and certified with respect to any bond or undertaking to which it is attached, shall continue to be valid and binding upon the Company. 00N,110013 00 03 03 Page 1 of 2 Printed in U.S.A. ln Testimony Whereol the Company has caused this instrument to be signed and its corporate seal to be affixed by their authorized officers, this 4l day of June, 2019. Attested and Certifled Arch lnsurance Company (r*,{r+-- Patrick K. Nails, Secretary STATE OF PENNSYLVANIA SS COUNTY OF PHILADELPHIA SS ,1A David M ltein. Execuiive V ce Presidenl .L- l, Michele Tripodi, a Notary Public, do hereby certiry that Patrick K. Nails and David M. Finkelstein personally known to me to be the same persons whose names are respectjvely as Secretary and Executive Vice President of ihe Arch lnsurance Company, a Corporation organized and existing under the laws of the Stale of l\y'lssouri, subscnbed to the foregoing instrumeot, appeared before me this day in person and severally acknowledged thal they being thereunto duly authorized slgned, sealed with the corporate seal and delivered the said instrume purposes there n set forth- nt as the free and voluntary act of said corporation and as their own free and voluntary acls for the uses and oF FEtltttYr.Y^tala NOTllllL lrrttocu nDoDr, No.vy Plntk(lrr o, Pnllo.{phtr, Phr. . Conty rry ccrnbabG [,pl.r JiJl, ll , lcl I [,4ichel Tri i, Notary Publi My com ission expires 07/31 CERTIFICATION l, Patrick K. Nails, Secretary of the Arch lnsurance Company, do hereby certify that the attached Power of Attorney dated June 4. 2019 on behalf of the person(s) as listed above is a true and correct copy and that the same has been in full force and effect since the date thereof and is in full force and effect on the date of this certificate; and I do further certify that the said David M. Finkelsle n, who executed the Power of Attorney as Executive Vice President, was on the date of execution of the attached Power of Attorney the duly elected Executive Vice President of the Arch lnsurance Company. lN IESTIMONY WHEREOF, I have hereunto subscribed my name and affixed the corporcte seal of the Arch lnsurance Company onthis_dayof NoV 0 3 l0l0 ,20_. Patrick K. Nails, Secretary This Power of Attorney limits the acts of those named therein to the bonds and undertakings specifically named therein and they have no authority to bind the Company except in the manner and to the extent herein stated. PLEASE SEND ALL CLAIM INQUIRIES RELATING TO THIS BOND TO THE FOLLOWING ADORESS: Arch lnsurance - Surety Division 3 Parkway, Suite 1500 Philadelphia, PA 19102 ttAt lhroutl :lnc€ d. nco lhrorrl 00M10013 00 03 03 fu,ge 2of 2 Printed in U.S.A. Arc 0000280026 I h.ldl'rx-o. llr linlrir'* anrrllr ai{tur6 (rKl rrrr( ntr.rl, Itirurrnl .i Dlx.run( ilA!trRrtB