KB Home Coastal, Inc. Faithful Performance Bond TM30142-1 5028066L
I TAITIITUL PERT'O,RMANqE BOND
@I,'NTY OFR.IVBRSID4STAits OT CALIFORNIA(Gorrcmmi Cotto Scctioo 6648.1)(Strerts/DrrLnaSr 6 Uood Conrrol Di.t.)
FOR: Stscclrlld DrdDrge
W.t c Sylom
Sowcr Syrtcm.
Lombard IL
$3.11!!.&-a9__
s
TtrctNo.30l42-l rrnctuatoo Chan.rl)
PrrcoI Mrp No.
-
Sttrcty Bond saleouard lnruranco Comoanv
AddEtg ifi e s. Hbhhnd Avr . BkJo. A gulc aoo
Boad No.5@806o
PrlrdqlD Sr4.003.@
Prhcipal KB HOME Coa8tat. lnc.
Addrcss n lrll Drlva
CigAtatc Wldoma CA
zipA900148 92595
Phonc s5r €9 t-5245
(hcrclaaftcr dcsignetcd es '?rlnCbal') hlvc ontqcd ioto, r rro tbout !o ottrr hto, thc &achcd
agrcorolatQ) whcrcBy prlrrcipal igccr to inaall rnd comptctc tho rbqvc doslg,utcd pblic
improvcmcnts gclllng !o CfracuPtrcrl) 30142-,t * , which rgrccmcn(r) fu/arc hq€by
rcforlcd !p &d mlda s part bcroon !trd, * (ructudlng ahnnqer)
WHBRBAS; raid pr .incipd is rcquircd uadcr tb tcrmr of raid qgrccmeo(r) to fumish boad(s) for
thc frithful pcrftrmnncc ofDeid rgrcGmclt(r);
NOw' THERBORB, wo ttro princlpal rod Bond Safsouerd lnlurano Comoanv , as
eurcty, uc bcld urd firmly bound uato tho Cousty of Rirrcn&b in tho pooU gum ofU *, ""_f'rq* FIty qol4hd!..ld.rllu.lrdod Fodv e 0g / !49! DollE (S2-.lI4Jl3!-00--) hwfut moncy of
thc udtcd stdcr' for thc peyrucot of whicb run wiu ud uuly to rarac, wiuna ortclvce , our
hpln, ruccocrors, orccutoir md dniotrfitors, Jolntly rod rc'vordly, finnty by tlrcsc aroscnrs.
rtc coodiltol oJ thir obllgrtioo L rucb thu if rtp rbovo boa&d princtgat, hir or lts belrs,
cxoculors, ritnlqlstsrtors, $cccsson oruslgE!. rh.lt io dl rhlnF stald to iDd rbide by, eod wcll
raa qtf toon rnd pcrform thc covcrrutB. condltlou snd poovleioos in tbo nid xgrtc;;t rndury dtaadou- lborcofr'.r,lo ls rD,ctqin p[ovidcd, oo hlr or tbcir part, to bc kopt rnd poffonued qttb llrtc rnd ln th mr.uocr thorcln rpoctfio4 rnd In all rcrpoar rccot.dlag torbclr tsu? ltrtcEr rndceaing, rd rbrll iai{aaalfy rod ravc hrelcar th. couaty of NrrcrctdG, iu otficorr, lgcuts and
c_mgfoFoe' rs thcnin rtlprlatcd, tbcn thir obligatioa rha[ bccooc aull rad void; othariisc, itrtull rcmein ir firll forcc urd cffccl
As e parr of 0r obllgatioa rccurcd bcrcby rad in additioa !o lho facc rmouat rpccilicd tlprcforc,
thcrc $dl bo lucludcd costr lnd iasoorblc cxpcnsct end fccs, tochaing ruronrblc rttonroy's
fccr, incumd by tbc county ir ruccassfutly cnforciog euch obliguion, aI to bc trxcd rs cost
.Dd hcludcd h slyjrdgcent rendcn4
Phonc
IYHBRBAS, 6c County of Rlvonl&, Steto of Cdlfomlt md KB HOME Coagtal, tnc.
FAITEFUL PEBFOR.MANCE BOND
Thc ructy hcroby stipultEs aid a8rccs rhot tro changc, atrtcnsion of timc, altcrarion or rdditionto thc btus af this rgrEcnontor to tbc work to bc pcrformcd thcrcundcr or thc .[iiirti"*rccomprayiq tte saoc rhalt il royrrisc arce its outiguiolr on this bond, and it docs hcrebywriw ooticc of any sueh change, ucocim of tinc, altoration or adoition. surcty fiuthaistiptthcs. qod rSlro?s rhx thc provirioas of Soctioo 2845 of thc Civil codc aaa comrncncrmcnt orconsuuatio[ rr€ aot conditigos procodont to surcty's obligations hereundcr *a ,r, rriiywaivod by sucty.
wro tlo nort covord by thc qgrcc@Dt ir cooprcto, thc county of Rivcrside wil rcccpt thcwoftrnd$:rurpoo, rho oouotof thc obtgatioo of rhis bond is'rduccd ttgot;i,h,ilrwinrts lo% hcld as sccurity for tbc onc-year maintcnrncc pcriod pr,ovidcc ror in thcagrccmonls(r).
IN WIINBSS WHEBEOF. rhis.instrurnt has bccn duly cxccutcd by thc principal and suretySow nmcd, on June 14 .2007
NAMBOFPRINOPAL; KB HoME Coastat, lnc.
AUTIIORXZED SI6NATURE(S): By:
TitlcI/P FTR.PAA,b ?LAPPi)b l LAIJJ
Titlc
Titlc
(IF CORPORATION, AFFD( SBAL)
NA}fiOFSTRETY: Bond Safeguard lnsurance Company
AUTHON.EEDSIGNATUXB:
Bonnie Kruse Its Attomcy-Titlc
(tr coRPoRATrON, AFFD( SEAL)
ATTACII NOTARIAL ACXNOWLEDGMBNT OF SIGNATI'RES OF PRINCIPAL ANDATTORNEY-IN-FACT.
California Al!-Purpose Acknowtedgement
State of California
County of Riverside
(si tu re)
l!
ccfiM. ,r 5i e506Notary Pubrlc{atltoml:
RIVERSIDECO NTY
PAMELA K MESEROLE
My Comm Erp. ocl 15, 2008
On June 18, 2007.; before me, pamela K. Meserole, Notarv public, personally
appeared Michael H. Freeman, Jr. personally known to me (orprcffiont@ to be the person(s) whose name(slis/are -
subscribed to the within instrument and acknowledged to me $rat he/sndtnevexecuted the same in his/herlgfis;p authorized capa-ty6es;, and that byhis/h6415uir signature(s) onthe instrument the person(s), or the enti( uponbehalf of which the person(s) acted, executed the instrument.
WITNESS my hand and offlcial seal. (seal)
mL
POTVER OF ATTORNEY AO 24039
INSURANCE COMPANY
KNOW ALL MEN BY THESE PRESENTS, thal BONO SAFEGUARO INSURANCE COMPANY an tttinois Corporation with ils
principal oflice in Lombard' lllinois does horsby conslitute and appoint Michacr J. schccr, Jlmes L Moore, rr.ne Diaz, Bonnie Kruse, ......
Stephen T Kazm.r, Dawn L Morgan, Peggy Fausl, Kelly A. Jacoba, ElaiEe Marcus, Jennif€r J McCoEb, Melissa Schroidt, Joel E. Specl(nsn
its true and hwful Attomoy(s)Jn'Fact lo make, 6xecute, s€al and deliver for. and oo ib b€halt as sur€ty, any and all bonds, und€rtakings or
other writings obligatory in nature ol a bond.
This authority is mado und€r and by the aulhority ol a rssolulion which was passad by the Board of Diroctors ol BONDSAFEGUABD INSURANCE COITTPANY on th6 7th day of November. 2OOt as tolows:
Besolved, that tho Prosident ol th6 Company is hereby authoriz€d to appoint and gmpower any reprssenlatve ol thg Company o.oth€r p€rson or persons as Anomsy-ln-Fact to oxecut€ on bshalf ot fre Compan y any bonds, undertakings, polici€s, conlracts ol indemnityor othor writings obligalory in nature ol a bond, $2 600 000 Two million cidr hmdr.d lhousrnd dollar! ."..'."'
BY
David E Campbell
President
Bond Safegluard
ACKNOWLEOGEMENT
On this 7th day o, November, 200'1, b€loro me, personally camo David E. Campbell to m6 knouh, who b€ing duly swom, didd€poso and say that h€ is the PresidontofBOND SAFEGUARO TNSURANCE COMpANy, the coryoration doscrib€d in an; vyhich exocut€dths 6bovo instrument; that ho oxecuted said instrumonl on bohall of lh€ corporataon by adhoni of his oftice under the By-taws of saidcorporation.
which the company might oxocute through its duly glected olficers, and arfix the seat ol the company thorsto. Any said oxocution ol suchd@uments by an Attomoy-ln-Fact shall be as binding upon tho company as il th6y had boen duli €xeculed ant acknowtedged by theragularly €lectsd officors of tho Company. Any Anomey-ln-Fact, so appointed, may b; rernoved for good caus€ and ths authority so grantedmay b6 rgvoked as spocilied in the Power ol Anomoy.
_ Besolved, that tho signature of th€ Pr€sidsnl and ths seal ol the Company may b6 affixed by facsimil€ on any pow6r of attomeygranted, and the signalure ol the vice Pr€sidont, and the sealotthe companymay beattixld byfacsimit; to any cortificat;; any such pow€rand any such pow€r or cortific€te boaring such facsimile signaturo and sealshalibe valid and binding on ihe 6ompany. nny sr"n po*e, sosxecuted and sealsd and csrtiricato so 6x€cut6d and sealed shall, with respect to any bond or undertaking to wlrich it is anacned, continueto b6 valid and binding on the Company.
lN WTNESS THEREOF. aOND SAFEGUARO INSUFANCE COt PAi{Y has caussd this inslrument to be sagned by atsPr€sid€nt, and its Corporate S€al to be aflixed this 7th day ol Nov€mb6r, 2OOl.
,OFFICIAL SEAL'
LYOIA J. DEJONG
Notary Public, Stale of lllinois
My Commission Expias t h2107 Lydia J, DeJong
Notary Public
CERTIFICATE
l, th€ undersigned, vice President ol BoND SAFEGUARo lNsuRANcE coMPANy, An llinois tnsuranco company, Do HEBEByCERTIFY that the original Powor ol Attomey ol which the lo.egoing as a true and corecl copy, is in full lorco and etfsct and has not beenrevoked and lh€ resolutions as ssl torth ar6 now in lorce.
07
0
[-uNots
INSUqANCE
lNs
o
lLLtNOrS
INSURANCE
lNs
aoo
Signed and S€ated at Lombard, inois his I4th O"y ot 20
Donald D. Buchanan
Secrelary
BONO SAFEGUAFD INSUBANCE COMPANY
June
4*J 4-l
STATE OF lllinois
)DuPage SS
COUNTY OF
On Jun 4.2007 , before me,Ta M, Piscio
PERSONALLY APPEARED BONNiE KTuse
personally known to me (or proved to me on the basis of
satisfactory evidence) to be the person(s) whose name(s) ts,/are
subscribed to the wlthin instrument and acknowledged to me
that helshe,/they executed the same ln his/her,/their authorlzed
capacity(tes), and that by his,/her,/thelr stgnature(s) on the
instrument the person(s), or the entlty upon behalf of which
the person(s) acted, executed the instrument.
WITNESS hand and official seal
Signature
ariese M. Pisciotto
OFFICIAL SEAL
TARIESE M PISCIOTTO
NOIARY PUBLIC. sTATE oF ILLINoIsMy COlttMtSStON ExptReS OSle6rio
Thk arEa for Olflclal Notarlal Seal
-OPTIONAL-
Though the data below is not required by law it may prove valuable to persons relying on the document and couldprevent fraudulent reattachment of this form.
CAPACIW CI.AIMED BY SIGTIER DESCRIPTIOI{ OF ATTACHED DOCUMET{T
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D conpoure orrrcen
TITLE OF TYPE OF DOCUMENT
! eannrrnlsl
TIT!E(S)
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D rnusreelsl
E cunnornrulcorrrsERVAToRfl otxen'
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NUMBER OF PAGES
DATE OF DOCUMENT
SIGNER IS REPRESENTING:
NAMt Ot PERSONIS) OR ENTtrYlt€S)
Bond Safeguard lnsurance Company SIG NER(S) OTHER THAN NAMED ABOVE
lD'081 Rev 6/94 ALL-PURPOSE ACKNOWLEDGEMENT