KB Home Coastal, Inc. Material and Labor Bond 30142-1 114589n copy
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FOR: Streots and Drainage
Water System
Sewer Syst€m
S u rety gc J,ey Rogo(lal h3{ranco Coflvony
AddreSS 5,os t| &.nd B},,d &,lc ro.o
City/State Gbn&r. cA
MATERIAL AND LABOR BOND
CITY OF MENIFEE, STATE OF CALIFORNIA
(Govemment Code Section 66499.1 )
TracUParcel Map
Bond No
Premium
$
$
r r a57c9
lrElrdad ln tha Falttfi, P..tornr.nca Bo.d
lor4:.1
Principal
Address 163 | 0 H6tld V.b, Drlr!
XB HOME C!.ad.l hl(,a.lcc
Zip 9:5:5
Phone ra-ssotor Phone e51.6e1.5:.1..,
Zip
(herernafler designated as "principal") have sntered into, or are about to enter into, lhe
attached agreement(s) whreby principal agrees to install and complete the above designatedpublic improvem€nb relaling to OracuParcel) T, ror4:.r , which agreement(s) isiare
hereby refened to and made a part hereof; and,
WHEREAS, under ths tems of said agreern€nt, prlncipal is required, before entering upon the
performance of the work, to file a good and sufficient payment bond with the city of Menifee
to socure the claims to which reference is made in Title 15 (mmmencing with section 3092)
of Part 4 of Division 3 of the Civil Code of he State of Catifornia:
NOW, THEREFORE. seid principal and the undsrsigned, as corporate surety, are held firmty
unto the City of Menifee and all contraclors, subcontractors, laborers, nraterial persons and
other persons employed in the performance of said Civil Code in the sum of F,v? Huod.d !r1/ tln.
rhou3'M lnd Nor100----- Dollars ($ ses.,J,0o 0i, )for materials furnished or labor lhereon of
any kind, or for amounts due under the Unemployment lnsuranco Act with respecl 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 fac€ amount thereof, costs and reasonable expens€s and fees, tnduding reasonable
attorney's fees, incurred by the City in successfully enforcing such obhgation, to be awarded
and fixed by the court, and to be taxed as cosls and to be included in the judgement therein
rendered.
Should the condition of this bond be fully performed, then this oblrgation shall become null
and void: otherwise, it shall be and remain in full force and effecl.
City/$ate'r'lroo-r' c.r
WHEREAS, the City of Menifee, $ate of Calibmia, and xB HolrE co.rrl hc
It is hereby exprossly stipulated and agreed upon that this bond shall inure to ths b6n6fit of
any and all persons, companies and corporations entitles to full claims under Title 'l5
(commencing with Seclion 30E2) 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 sult broughl upon this bond.
MATERIAL AND LABOR BOND
Th€ surety hereby slipulates and agrees that no change, extension of tirne, alleration or
addition to the terms of this agreement or to the specifications accompanying the sarne shall
in anywrse afiecl its obligation on this bond, and it does hereby waive notics of any such
change, extension of time, alteration or addition. sursty furthor stipulates and agrees thal the
provisions of Section 2845 of the Civil Code are not a condition precadent to sur€ty's
obligations herounder and are hereby waived by surety.
lN WITNESS WHEREOF, this instrument has been duly executed by the principal and surety
above named, on Augusl 6
NAME OF PRINCIPAL:
AUTHORIZED SIGNATURE(S):
By
Name: ,,/(.rdec- lt . F ea.1A ,lQ.
Tile.. v P L A wt .t-co At an> Puqrat tl e-
NAME OF SURETY:BartL, RcAoral ltrslrarEa Co.rptn,
AUTHORIZED SIGNATURE:
&cM. Wory Aro.rEytr F.cl
(IF CORPORATION. AFFIX SEAL)
ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND
ATTORNEY.IN.FACT.
W#hJIifl%^ -
(rF CoRPORATTON, AFFIX SEAL)
CALIFORNIA ALL.PURPOSE ACKNOWLEDGMENT
State of Californta
County of Riversade
On Auoust 'l 0,2010 before me,Richard R. Keller , Notary Public,personally appeared Micha el H Freeman, Jr , who proved to me on the
I certify under PENALTY OF PERJURY under the laws of the State of
California that ths foregoing paragraph is true and correct.
basis of satisfactory evidence to be the person(s) whose name(e) is/are
subscribed to the within instrument and acknowledged to me that
he/eheAhey executed the same in hiVhe+Aheir authorized capacity(ie6),
and that by his/he#lher signature(s) on the instrument the person(s), orthe entity upon behalf of which the person(e) acted, executed the
instrument.
I
/I l/rc
Richard R. Keller (SEAL)
WITNESS my hand and official seal.
CALI FORN IA ALL.PURPOSE ACKNOWLEDGMENT
State of California
County of Los Angeles
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.
C
i,+,',;-..1
J
t,Azqfui,
Tracy Aston
On August 6. 2010 before me, Tracv Aston, Notary Public, personally-
appeaied Brenda Wong, who proved to me on the basis of
satisfactory evidence to be the person(s) whose name(e) is/are
subscribed to the within instrument and acknowledged to me that
he/she/they executed the same in his/her/thoir authorized
capacity(iee), and that by hie/her/th<*r signature(s) on the instrument
the person(e), or the entity upon behalf of which the person(e) acted,
executed the instrument.
I
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-lhomu: S. grua4lan..lth.tffllmtv!, Brtado lloug, ,llorina R. fc a, t:dr;,anl (. Spe,ror, \.o., i euiroa or Simiae G$har.! of ..lt)n RnA lnturaact:Scr,r'i.'e, tt e$, lnc. of Lot .4igeles, C,1 its rrue and lau ful '\ rromc) -r n _ l..r..i u, ,,g,, ,,. nl nu .r\ \ure t) on t1 ;rs dclr nc.arcr_l bclor,,'rntl lo crcculc sral. uckno*lcdgc and dclrrcr rn\ nnd all bon,ls an.l un.lcrt.rLrrig', ..rth rlrc erccptr,,rr,il l,rruncr:rl (iuarlnllIruur:.r nr'c.. pror rdrng thar no srngle obLgatron shall crcccd f.ift!. ltillion rnd 00i 100 Doll.ri (S50,006,000,00f, ,,, ,f,r.-s"r" "ri",;,irs 11 such bondr h,rd bccn dulv exccuted .nd .cknowlcdgcd br rhc regularll clcqrcd ofliccrs oi rh. (ir;p;;y;; ;-. ;;,"crpat otlic.rn lhcrr l|$n Frcpcr pcrsoos.
I hrs Po$er of Anorncy shall b{ corlstrucd &nd cnfo.ccd tn accordancc [1th. lnd govcmcd by, th< la* r of the Statc of Dcla*are.$ lthoul gtvlnS c-fTcct to fie principles of confllcts of hrrs thereof Thrc Poq,er of Attoa.y'r, gr-t"d pursuant lo urc lollowrngrc\r )lul ir|ns N'hrch $ crr duly and validly adoptcd at a nrclrng of rhe Bo! rd of [)rr((rors ol lh; Co;pany held on August 2 l, :000:
'RESOLVI:D, that thc propcr officcrs-of thc Con4raoy arc hcreby authon,tcd lo crecutc towcrs of a(omcy authonzing andquali[lrrrg thc altomcy-ln-facl namcd theretn lo erccute boncts, undcnlkrng*. rccognzanccs. or othcr surctyship obligatloolon tchalf ol thc Cornpany. ond to affix thc corporatc scal of thc (.ompany, t,, p,rtrirs of attomcy crecutccl pursuant hcrcro;Jnd l'urlhcr
Rrsol-l'ED. thal such powcr of rttorn€y lr ti thc r€rs of 0rcsc nanrd thcrcm to thc bords, urdcnakrngs. r.cognlzlnccs.ot otbcr surctyrhip obllSrtions spccrfically mnrd thcrcrn. rnd thc! harc oo authont\ to brnd thc ('onyr-any rrcept rn thenLrnncr arrd lo thc cxlc[t thcrcio slatcd: and furthcrRFsoLt'ED. th.l such powcr ofsnomcy rcvolcs all prevrous pr,\ ers rrsucd trn bthalfufthc rtlom!'y-rn-l'act narn dl andf'unhcr
RISOI-I ED, thal thc srgmtutc of rny authorrzrrl oflilrr and thc scal ol rhe ( ompas) rna) bc aflirrd by t'acsimilc to 8nypowcr of attomcy or ccrtification thcrcof outhorizrng thc cxccutron and detircry oiany bona. undcnakrng. rccognlzancc, orothcr strrctyship obligation ofthc Corpanyi lnd such !ignature lnd sr.al *hcn yr uscd shrll hatc thr' slmc-forcc ind effcct asthough maoualll allixcrl. l'trc Conpenl'may contrru€ ro usc for rhc puryrscs hcrcrn storcd rlr facsimilc lign turc of.n)pcniol or J,cr$ns uho shall havc bccn such ofliccr or ofilccrr of thc ( on{rilr\. not\ tth5rardlnts thc trcl that ihcy nuy hat.ecclsed to br ruch at thc rl|IE whcn such tnruurEnls $hall bc rssucd ..
l\ \ lI\[ss \l lll-Rl-o[. lhc cornp.n] lur csrrlcd thds€ prcacnts to b( \rfnc(l ald anesrcr.l b1 rrr lpproprutc olTiccrs and rls(orp,)rrr!'s(Jl hcrcu to atli\cd thrs lJ. day ot '_ . , lt)lrl.
lnrsr. Rctkt* Rc1qfit$t tnsurgn.c (.ompan)..f
..1rscrri rfr .r , ' tsr {,-tr/(.2' Ir;i;d.mren Robcfl p (.otc
Scnior vice Prcsidcnt & Sccrc6ry S!,ntor vtcq pr(.srd(nl
\d AR\IIG: l Hls PO}l [t{ INVAUD tt' tiOT pRt:\TED OI Bt.t.r: -Br.RKLf.r.- SE(.t ,RtTt pApER.
sl ATf O1 ('Or-tit:cTlct'T ))s:( ()t Yt I or FAIRFIELD )
s\r)rn to bclbr. nrt.a Notary Publrc infic.Statcof (lnrncctt(ul. thrs ' tlal ,,1 . ,' ,,201(r. bt Roben p (.olernd lrn: [ (d(rlllJ n s ho aru s* om lo rnc lo hc thc Scn ror ! lcc ltrcsrrlcnt, anrl lh( s(.n k 'r V rL(. Pr".r/cnr rn.l .sccrcta.1., rcspcat,r."tr.,,tllcrL rir Rcgronll Inrr.rrancc Conrpanv
' \('titr\ Puhlt!. StJIc ol'Connechcut
CERTI}ICATf,l. thc undcrsrgncd, Assrstanr sccrcrs.ry of BERKLEY REoloN.\L tNsuR.\\( l: covpA\\'. Do HEREts\' ( LRI lry $ar rhrlorcgoing is a truc, corrccl lnd cofiplctc crpy of tlrc ongrral Por,r cr of Attornc) ] lhat sard poucr sf 411.rrn., h.s nol becn revokcd
or rct(lndcd dnd (hnl lhc authonty of thc Anomcy-in-Frct sct lbrlh lhcrcrL $hu c\ccutcd the bontl or undcnakrng to whrch thrsl'owcr o[ Attomcy rs sttachcd is in firll brcc and cllccr tr ofthis dare.
Givenun(g1rn, h..6and scalofthe Cornplov. rhr!._ dayol AUIJ - b lUlU.
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