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TTLC Talavera, LLC Rider 29777 SUR60000794SUBDIVISION IMPROVEMENTS PERFORMANCE BOND BOND NO. 5UR60000794 That we, TTLC Talavera, LLC, as Principal, and lronshore lndemnitv lnc., a corporation organized and doing business under and by virtue of the laws of the State of Minnesota and duly licensed to conduct a general surety business in the State of California as Surety, are held and firmly bound unto the Citv of Menifee, as Obligee, in the penal sum of Fiftv-One Thousand Nine Hundred and oOlLOO (S51.9OO.OO) Dollars, for which payment, well and truly to be made, we bind ourselves, our heirs, successors, executors and administrators, jointly and severally firmly by these presents. IHE CONDITION OF THE OBLIGATION IS SUCH THAT: Whereas the Obligee and Principal have entered into an agreement whereby Principal agrees to install and complete certain designated public improvements, which agreement, identified as IIact 29777 performance of SWPP, is hereby referred to and made part hereofj and Whereas, said Principal is required under the terms of said agreement to furnish a bond for the faithful performance of said agreement. Now therefore, the condition of this obligation is such that is the above bounden principal, his or its heirs, executors, administrators, successor or assigns, shall in allthings stand to and abide by, well and truly keep and perform the covenants, conditions and provisions in the said agreement and any alternation thereof made and 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 obligee, its officers, agents and employees, as therein stipulated, then this obligation shall become null and void, otherwise it shall be and remain in full force and effect. As a part of the obligation secured hereby and in addition to the penal sum specified therefor, there shall be included costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by Obligee in successfully enforcing such obligation, all to be taxed as costs and included in any judgement rendered. The surety hereby stipulated and agrees that no change, extension of time, alteration or addition to the terms of the agreement or to the work to be performed thereunder or the speclfications accompanying the same shall in anywise affect its obligations 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 or to the work or to the specifications. ln witness whereof, this instrument has been duly executed by the principal and surety above named, on June 21.2016. AL SU R ETY: lronshore lndemnity lnc. J.-*-t5,;-** P CTa vera, LLC Sandra L. Fusinetti, Attorney-in-F;rt KNOW ALL MEN BY THESE PRESENTS: A notary public or other officer completing this certificate verifies only the identity of the individual who signed the documenl to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of Kentucky County of Jetfe rson On June 21, 2016 before me,Theresa Pickerrell, Notary Public (Hero i.sen na6e and liue ot th€ oLrcEi) personally appeared Sandra L. Fusinetti who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that h€/she/th€y executed the same in hrs/her/their authorized capacity(res), and that by his/her/their 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. WTNESS my hand and official seal. Notary ublic Signature (Notary Publac Seal) ADDITIONAL OPTIONAL INFORMATION INSTRUCTIONS FOR COMPLETING THIS F ORIVI Thts Iom conplrcst,ith cuftent Calilotkia skltutes regatding notary *or.lihg and, if Neded should be conpleted and atached to the docunent. Acknawledgnvnts fiom othel states day be co pletedlot docunents bemg sent to that srote so lakg a.s the woldingdoes not requirc tlv Calilomia notary to iolate Caltfomia notary DESCRIPTION OF THE ATTACHED OOCUI\,4ENT (Title or descriptjon ol attached document) (Title or descripton of attached documenl conlinued) Number of Pages _ Document Dale_ State and County informalion must be lhe State and County where the document signe(, personally appeared before the notary publc for acknowledgment. Date of notarizarion must be the date that the signer(s) personally appeared which musl also be the samedate the acknowledgment is completed The notary public must prinl his or her name as it appears within his or her commission followed by a comma and then your trtle (notary public). P.int the name(s) of document signer(s) who personally appear at the trme of notarization. Indicate lhe correct singular or plural forms by crossing off inconecl forms (ie h€r'sh€/t$€yr is /e.s ) orcircling the correct forms. Failure to correctly indrcate this infonnation may lead to rejection ofdocument recording. The notary seal impression must be clear and photographically reproducible Impression must not cover text or lines. Ifseal impression smud8es, re-seal ifa suflicientarea permrts, otherwise complete a different acknovdedgment form Signature of the notary public must match the signature on file wilh th€ oflice of the county clerk..:. Additional information rs not requircd but could help to ensure this acknowledgment is not misused or atla€hed to a different document.:. lndicate trtle or type ofattached document. number ofpages and dale.l lndicare the capacity claimed by rhe signer If the claimed capacity is a corporate oflicer, indicate the title (ie CEO, CFO, Secretary) Securely atlach this document to the signed document wilh a slaple CAPACITY CLAIMED BY THE SIGNER tr lndividual (s)tr Corporate Officer (Tiiref Partner(s) Attorney-in-Fact Trustee(s) Other tr E tr tr 201 5 VersiDn wv&v.NotaryClasses.com 800 €73-9865 CALIFORNIA ALL- PURPOSE CERTIFICATE OF ACKNOWLEDGMENT ER OF RNEY 1 .60000794 lronshore lndemnity lnc. KNoW ALL MEN BY THEsE PRESENTS, that lRoNsHoRE INDEMNITY lNc., a Minnesota corporation, with its principal office in New york, Ny doeshereby constjtute and appoint: Brook r.5mith, Raymond M. Hundley, Jasoh D. cromwell, tames H. Martin, sand;a L. iusinetti, Deborah Neichter, JillKemp, Theresa Pickerrell, sheryon Quinn, Bonnie J. Rowe, Amy Meredith, tynnette tong, Barbara Duncan, Mark A. 6uidry, Michete lacrosse, Jessica Nowlin and summerA Betting its true and lawful Attorney(s)-ln-Fact to make, execute, seal and deliver for, and on its behalfas surety, anyand all bonds, undertakings or other writings obligatory in nature of a bond. This authority is made under and by the authority of a resolution which was passed by the Board of Directors of tRoNsHoRE tNDEMNtTy tNc. on the22^d day of April, 2013 as follows: Resolved, that the Director of the company is hereby authorized to appoint and empower any representative of the company or other person orpersons as Attorney-ln-Fact to execute on behalf of the company any bonds, undertakings, policies, contracts of indemnity or other writints obligatoryin nature of a bond not to exceed 55,500,000 dollars, which the company might execute throuSh its duly elected officers, and affix the seal of thecompany thereto Any said execution of slch documents by an Attohey-tn-Fact shall be as bindlnS upon the company as if they had been dulyexecuted and acknowledged by the regularly elected officers of the company- Any Attorney-ln-Fact, so appointed, may be removed for good cause andthe authority so granted may be revoked as specified in the power ofAttorney. Resolved, that the signature of the Director and the seal of the company may be affixed by facsimile on any power o, attorney granted, and thesi8nature of the secretary, and the seal of the company may be affixed by facsimale to any certificate or any iuctr power and any such power orcertificate bearing such facsimile siEnature and seal shall be valid and binding on the company. Any such power so executed and sealed and certificateso executed and sealed shall, with respect to any bond of undertakinB to which it is attached, continue to be valid and bindlng on ttre company. lN wlTNESs THEREoF' lRoNsHoRE INDEMNITY lNc. has caused this instrument to be signed by its Director, and its corporate seai to be affixed this2^d dayofJuly,2013. IRONSHORE INDEMNITY INC. Dariel L. Su Orector ACI(NOWL€DCEMENT on this 2^d day of July, 2013, before me, personally came Daniel L. sussman to me known, who being duly sworn, did depose and say that he is theDirector oI lronshore lndemnity lnc., the corporation described in and which executed the above instrument; that he executed said instrument onbehalf of the corporation by authority of his office under the By-laws of sald corporation. ^..'*AIJY TAYLOR l'l 016 ry P ublr o- St6tr c f'I en n esse€ Dryidson C o !nty L!y Conmi33ioo Expire! 07-0&19 BY aylot Publ c l, the undersiSned, secretarv of lRoNsHoRE lNDEMNtry ,*a., " ,;:::':::'".pany, Do HEREBv cERTtFy that the originat power of Atrorney ofwh'ch the foregoing as a true and correct copy, is in full force and effect and has not been revoked and the resolutions as set forth are now in force. sjsned and sealed at thisafDay of ..."q',",- 20L6 Paul S Giordano nvaRNlNG: Any person who knowinglY and with intent to defreud any insurance corhpany o. other person, tites and apptication tor insurance or statemenr of ctaimcontaining anv materiallv false information, or conceals for the purpose of misteading information concernint any fict materiat thereto, commits a fraudutentinsurance act, which is a crime and subjects such person to criminatand civit penahies.,, Cu,,^r, a SOMPO INTERNATIONAL Obligee: (Name & Address) Principal: (Name & Address) ASSUMPTION OF LtABtLtTY CERTTFTCATE (rhe,,Certificate,,) City of Menifee 29714 Haun Road Menifee. CA 92586 TTLC Talavera, LLC I 10 Blue Ravine Road, Suite 2Og Folsom, CA 95630 Effective June 21. 2018 ("Effective Date"), this Certificate hereby provides for the assumption byEndurance Assurance Corporation (the "Surety") of future rights and liabilities as the suretyunder Bond Number SUR60OOO794 (the "Original Bond") previously issued in favor of the Obligee This certifies that the Surety, in consideration of the agreements and covenants herein contained and othergood and valuable consideration, assumes future liability as the surety under the Original Bond. BY ISSUANCE OF THIS CERTIFICATE IT IS AGREED: That the Surety assumes future rights and liabilities as the surety under the Original Bond, which,as of the Effective Date, the original Bond is now designated with a new bond numberE4CX179000120 2. That the rights and future liabilities of the Surety under the New Bond: (a) shall be subject to all of the terms, conditions, limitations and warranties contained in the Original Bond and any written amendments or agreements thereto; and (b) shall in no event be greater than the penal sum of theOriginal Bond, including any written amendment, agreements or obligations stipulated in theOriginal Bond form thereto. 3. As of the Effective Dale, all premiums paid in remittance of future billings under the New Bond will inure to the Surety. lN WITNESS WHEREOF, the Surety has caused this Certificate to be duly executed as of the Effective Date. Endurance Assurance Corporation (Surety) Brook T. Smith , Attorney-in-Fact Sompo lnt6rnetlonal 1221 Avenue of the Americas, New york, Ny 1OO2O, U.S + 1.212.209.6s00 n.wl.sotiDo-irii.of rY' Revised 2018.5 03 (the "New Bond"). By: CALIFORNIA ALL. PURPOSE CERTIFICATE OF ACKNOWLEDGMENT 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 Kentucky County of Jefferson On June 21 2018 before me,Sandra L. Fusinetti, Notary Public (Here nsen naoe and li!€ orlhe ofllcer) personally appeared Brook T Smith who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/shdthey executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(-s). 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. WITNESS my hand and official seal )",1*X fr,rLe Notarv Public Sionaturecomrii.'ion expires I ebruary 13.2020 (Notary Public Seal) ADDITIONAL OPTIONAL INFORMATION DESCRIPTION OF THE ATTACHED DOCUlVENT (Tille or description of altached document) (Tille or descriptioi ofallached document conlrnued) Number of Pages _ Document oate INSTRUC fIONS FOR COMPLETI\C THIS FORM fh$ hm conplrcs wtth c ient Caltlomn stat cs rpga.dng aotal rordugatd. tlneeded, sho ld be conpleted and atached 10 the docunrcnt Acknowledgments ttod ather states may be cohpletedJor dor nents beng sent to that state so long a: the totdng does not requrc the Caltlonia notary ta volate Caltfomo notaty . State and County information must be the State and County where the document signer(s) personally appeared before lhe notary public for acknowledgmenl.. Date ofnotarization must be the date thar the signer(s) personally appea.ed which must also be the same dare the acknowledgment is completed. The notary public must print his or her name as it appears within his or her commissron followed by a comma and then your tide (notary public). Print the name(t of docLrment signe(s) who personally appear at the lime of . Indicate the co..ect srngula. or plural foms by crossing oll incorrecr lolms(ie h6hhe/thq:- is /er€ ) or circling the cor.ect forms Failure to corectly indicate this information may lead to rejection oldocument recording. The nota.y seal impression must be clear and photographically reproducible lmpresslon musl not cover text or lrnes Ifseal impressron smudges. re-seal ifa sufficient area permils, othenvise complete a different acknorvledgment form. Slgnalure of the notary public must match the signature on file with the olfice of the county clerk* Additronal info.malion is no1 required but could help to ensure this acknowledgment is not misused or aftached to a drfferent document* Indicate tirle or iype ofattached document, number ofpages and date* Indicate the capacity claimed by the signer If the clarmed capacity is a corporate omcer, indrcate the tille (i e. CEO, CFO, Secretary).. Securely attach this document to the signed document wilh a staple CAPACITY CLAIIVlED BY THE SIGNER ! lndividual (s)tr Corporate Offlcer (Ti e) Partne(s) Attorney-in-Fact Trustee(s) Other tr E ! tr ENDURANCE ASSURANCE CORPORATION POWER OF AITORNEY {-!^^,qt 179 ry1ow alt ltlm fu tfran Clattr, , hal ENouFuNcE AssuRANcE coRPoRATloN . Detawars @eorarion (tD 'coooratjon.) wilh offr€s at 4 Manhananvilo Road 3rd Floor Purchase, NY 10571has mad€, consliluted a.d appoinled and by hsse pres€nrE does make, consutur6 and appoinlEROOK T. S|\4TH, WILLIAM R. PRECIOUS,DEBORAH S, NEICHTER, JAMES T. SI\4ITH, JASON D, CROI\4WELL, RAYMONO i.4, HUNDLEY, I\,IICSEU ONWru T.NTNOSiE, NVAITiBRITT' l\{lCHAEl DD( JAMEg.H. [.4ART|N ih tue ad ra*,rur Anomeylsfin-,acr, ar LoUISVILLE m ne srare o Ky and sah or rhem ro have ru poro,. *,r,nor,,r" Plgsident ol $e CoryOrn t rnde. is coeori s6al anesEd ot ils Corporab Secreit copy ol wnrcn *oac beb* under ho h€ading entted .Cefttcato: ' onsent on January 9, 20'4 and sah resduto. has not s,nce baon lewl €q a,nended or ere;ed REsoLvEo, $al in granttng porErs ot atkrn€v gu.suanl b cerlain Bolu0ons adopEd by fie Eoad oI Di,€ctors ot th6 corporatron by unanmous Mten @nsent on Januarg 2014 lh€ lN wTNEss WHEREoF. tD coDoralion has caus€d tlese presonls to be dul} s€ned and iE coDoral3 seat b be heloL,nh atfi(ed and ar€sM thBl&h day ot May 201 I at pu|.olasa. (CoDorate Seal) ENDUMNCE ASSURANCE CORPORATTONon*ffi , zr..ttr.*,.- MARIANNE L WLBERT. S€NIORVICE PRESIDENI SHARON L SIMS. SENIOR VICE PRESIDENI STATEOFNEWYORK SS:PURCHASE COUNIY OF WESICHESTER On he 1 &n day ol Ual, 2018 berble mo pelsonafly came SHARON L S|MS SENTOR V|CE PRES|DENT to me kmsn. lvno beng by me duty suon did &pose and say trial {s)h€€skhs in SCoICH g.ll 8 l€W JERSE/ tral (slhe is a SENTOR V|CE PRES|DENT or ENDUMNCE A.SrimNCe COnpOdeirOt niC"rp",rr,"" o!s.t"i,r r'ri J,]"ii- oirecloG oI sdd coQ6a8ri.,.nd ,rat (s)ie dgned his lie4 nallle helEto by tike oder.(Noladal$aD |')-^g..,*'- N|CHoLCS JAMES BENENAT|. Nohry pvujc - My Commission Eroires 1?/07tN19 sTAI:oFrlEwyoRK SS:MANTATTaN CERTIFICATE COUNTY OF NEW YORK l. CHRJSToPHER DONELAN lhe PRESIDENT ot ENDURANCE ASSURANCE CORPORAT|ON, a D€tawaB CoDo6tjon (the .Coeo6uon) lreBby cenj, been lEvoked, arieflded o. modilied in surEly or cosuot iih ofialt' CIIRISTOPHER OONELAN, SHARON L, SIMS, MARIANNE L. WILBERTAnd be il trd* oHigaEa ifl surEty orcosuety toraxdofttahalt ot llre CoDoration, 3. Td6 ondeEign€d drl.t F tes $al he 6ov! Esotutbns .re Lue and corccl coprss ot the osoiutEns/+ so rBcord€d and o, lt€ whot6 thorBof rN wrnrEss wHenffl tiie irorelrnto ss iy hand aM afltred rlc orporare sear oh i | & oat olfllL zo)E . CHRISTOPNER DONELAN PRESIOENI (Corporale Se60 Ary r.producron! r. rcid.ftio-/ SfttyCitmt Suhisionr eBrfoidcum!@6F.ini.@msu.t Clrh. Hofrr: Brl-a76-7575l&ilQAdrt c: Sur.t ttMr D.prtn ,n Sompot.brnltonrt 1221A6iu.ottl. Ar.ic.! tlh Ftod, N.w ydt ily 1CO2!