Sutter Mitland 01, LLC TM31822-F TM5224872SUBDIVISION MONUMENT BOND
CITY OF MENIFEE, STATE OF CALIFORNIA
(Government Code Section 66496)
Tract Map No.31822-F
Sutter Mitland LLC
3200 Park Cente r Dr.. Suite 1000
Principal
Address
City/State Southfield, Ml City/State Costa Mesa CA
zip 48076 Zip 92626
Phone Q4B\-281-0281 Phone (714) 427-6868
That,Sutter Mitland 01 LLC., subdivider, as principal, and The Guarantee Comoanv of
North America USA , a corporation, as surety, are hereby jointly and severally bound to pay
to the City of Menifee the sum of One Hundred Thirtv-Two Thousand Eiqht Hundred ----
00/100, Dollars, $ 132.800.00 .
The condition of this obligation is that, whereas the subdivider, as a condition of the filing of
the final map of Tract 31822-F , entered into an agreement with the City of Menifee to set
Survey Monuments and Tie Points in said tract and furnish Tie Notes therefore and to pay the
engineer or surveyor performing the work, in full, within 30 days after completion.
NOW THEREFORE, if the subdivider shall well and truly perform said agreement during the
original tern thereof, or of any extension of said term that may be granted by the City of
Menifee, with or without notice to the su rety, then this obligation shall become null and void;
otherwise, it shall remain in full force and effect.
As a part of the obligation secured hereby and in addition to the face amount specified
therefore, there shall be included costs and reasonable expenses and fees, including
reasonable attorney's fees, incurred by the City in successfully enforcing such obligation, all
to be taxed as costs and included in any judgment rendered.
The surety hereby stipulates and agrees that no change, extension of time, alteration or
addition to the terms of this agreement or to the work to be performed thereunder or 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 and
commencement of construction are not conditions precedent to surety's obligations hereunder
and are hereby waived by surety.
SLI fgty The cuarantee comoanv of North America USA
Address One Town Square. Ste 1470
Bond No.TM5224872
Surety Premium $ 757.00 USD
SUBDIVISION MONUMENT BOND
lN WITNESS WHEREOF, this instrument has been duly executed by the principal and surety
above named, on April 3Oth , 2019
NAME OF PRINCIPAL Sutter Mitland 01 LLC
AUTHORIZED SIGNATURE(S):
rltttBy
Name: David E. Bartlett
Title: Vice President
(tF coRPoRAT|ON, AFFIX SEAL)
NAME OF SURETY: The Guarantee ComDanv of North America USA
il"lu^
Its Attorney-in-Fact Title
Debra Watterson
(IF CORPORATION, AFFIX SEAL)
ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND
ATTORNEY-IN-FACT.
AUTHORIZED SIGNATURE:/,,tb#ma,-
ACKNOWLEDGMENT
A notary public or other offlcer compleling 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
valid of that document
State of
County of
N,lichigan
Oakla
personally appeared
who proved to me on
On 4130t2019 before me, Lora o'Brieri
(insert name and title of the oflicer)
Debra Watterson
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/she/they executed the same in
his,iherltheir 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(s) acted, executed the instrument.
I certily under PENALTY OF PERJURY under the laws of the State of California that the foregoing
paragraph is true and correct.
WITNESS rny hand and official seal tora O'Brlon
Notary Publlc, Stsls ol Michlgan
County ot Oakland
i,ly Commission Expir€s Apdl 21 , 2024
Acting in Oakland County
Signature (Seal)
T rl_
)
***RANTEE'
The Guarantee Company of North America USA
Southfield, Michigan
a2I ^fa'<,, A 7-a,4a<-
POWER OF ATTORNEY
NOw ALL By THESE pRESENTS: That THE GUARANTEE COMPANY OF NORTH AMERICA USA, a corporation organized and exisling unde. the
laws of the Slate of l\,4ichigan. having its principal office in Southfield, Michigan, does hereby conslilute and appoint
Debra Watterson, Edward G. Woods, Kathleen Runestad, Lora O'Brien, Sara Schrauben, Jeffrey Jubera,
Katie Coalson, Edward Devries Dwight Teter, Casey M. Strohauer, Montina Cenance, Olga Tasselmyer
The Guarantee Company of North America USA
its kue and lav!,ful atlorney(s)-in-fact to execute, seal and delNer for and on its behalf as sLrrety, any and all bonds and undertakings, contracts ol indemnily
and olherwritings obligatory in lhe nature thereof, lvhich are or may be allowed, required or permitted by law, slatule, rule, regulation, conlract or otheMise.
The execulion of such inskument(s) in pursuance of these presenls, shall be as binding upon THE GUARANTEE COMPANY OF NORTH AMERICA USA
as fully and amply, to all inlents and purposes, as if lhe same had been duly executed and acknowledged by ils regularly elected officers at the principal
The Power of Attorney is executed and may be ce.lified so, and may be revoked, pursuanl to and by aulhority ol Article lX, Section 9.03 of the By'Laws
adopted by lhe Board of Directors of THE GUARANTEE COMPANY OF NORTH AMERICA USA at a meeting held on the 31"rday of December, 2003.
The President. or any Vice President. acting with any Secretary o. Assistant Secretary, shall have power and autholity:
1 . To appoint Attorney(s) in facl, and lo authorize them lo execute on behalf of lhe Company, and allach the Seal of lhe Company therelo, bonds and
undertakings, contracls of indemnity and olher writings obligatory in the nalure thereofi and2. To revoke, at any time, any such Attorney-inJact and revoke the authorily given. except as provided below3. ln connection wilh obligations in favor of the Florida Department of Transportation only, it is agreed that the power and authority hereby given to the
Attorney in,Fact includes any and all consents for the release of relained percentages and/or final estimates on engineedng and construction contracls
required byihe State of Florida Deparlment ofTransporlation. lt isfully understood that consenting 10 the State ofFlorida Departmenl of Transportation
making payment ofthe final estimate to the Contractor and/or its assignee, shall not relieve lhis surety company of any of its obligations under ils bond.4. ln connection wth obligations in favor of the Kentucky Departmenl of Highways only, it is agreed thal the power and authority hereby given to the
Atlorney in Facl cannol be modified or revoked unless pnor wilten personal notice of such inlent has been given to the Commissioner - Department
of Highways oflhe Commonwealth of Kentucky at leasl thirty (30) days prior to lhe modification or revocalion.
Furlher this Power of Atlorney is signed and sealed by facsimile pursuant to resolulion of the Board of Directors of the Company adopted at a meeling
duly called and held on the 6th day ol December 201 1, of which the following is a true excerpt:
RESOLVED that the signature of any authorized omcer and lhe seal of the Company may be affixed by facsimile lo any Power of Attorney or certiflcalion
thereof authorizing the execulion and delivery of any bond, undertaking. contracts of indemnity and othe. writings obligatory in the nature thereof, and
such signature and seal when so used shall have the same force and effecl as though manually affixed.
lN WITNESS WHEREOF, THE GUARANTEE COMPANY OF NORTH AMERICA USA has caused this instrument to be signed and
its corporale seal lo be afrlxed by its authorized officer, this '1st day of March, 2018.
THE GUARANTEE COMPANY OF NORTH AMERICA USA
ffiq%*/"/-
STATE OF MICHIGAN
County oI Oakland
Stephen C. Ruschak, Presldonl & Chiel Operating Officer Randall Musselman, Secrgtary
On this 1sl day of March, 2018 before me came the individuals who executed lhe preceding instrument, to me personally knovm, and being by me duiy
sworn. said that each is the herein described and aulhorized officer of The Guaranlee Company of North America USA; that the seal affixed to said
instrument is the Corporate Seal of said Companyithat the Corporate Seal and each signature were duly affixed by order ofthe Board of Directors of said
Company.
Cynthia A. Takai
Notary Public, State of Michigan
County ot Oakland
My Comnission Expires Febtuory 27,2024
Acting in Odklond County
lN WTNESS WHEREOF, I have hereunto set my hand at The Guarantee
Company of North America USA offices the day and year above written.
I, Randall Musselman, Secretary of THE GUARANTEE COMPANY OF NORTH AMERICA USA, do hereby certify that the above and foregoing is a true
and correct copy of a Power of Attorney executed by THE GUARANTEE COMPANY OF NORTH AMERICA USA, wtrich is still in full force and effecl.
lN WITNESS WHEREoF. I have thereunto set my hand and attached the seal of said Company lhis 30th dayot April
Randall Musselman, Secretary
,20t9
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THE GUARANTEE COMPANY OT NORTH AMENCA USA
Home Offae, Southfwl{ Michigan
STATWORY BALANCE SHEET
December jl, 2018
ASSETS
Cash and Short-Term Invcstments
Marketable Securities
Premium and Ageuts Bdarrces (under 90 days)
Reinsurancc Rec€ivable on paid losses
Accrued lntorest and Dividends
Nct Deferred Tax Ass6t
Other Assets
Total Admitted Assets
LIABILITMS
Reserve for Losses and Loss Adjusfrrent Exponsas
Uncarned Prcmium Raserve
Aocrued Expcnses
Ccdcd Rcinsurance Premiums Payable
Taxcs, Liocnscs aod Fccs Payable
Fedcra[ Ilcome Tax Payable
Funds Hcld
Other Liabilitics
Total Liabilities
CA}ITAI. AND SIJRPLUS
Common Stock ard Paid-in Capital
Surplus
Total Policyholdas' Surph$
Toral Liabilities, Capital atrd Surplus
$ 88,508,40?
15 r,857,941
s,001,s24
529,65
812,435
|,637,933
1.195.275
$249,549,1E1
s 9,077,422
22,744,950
4,2t0,E25
t,207,940
374,68
296,413
9,869,832
r.844.929
$ 49.626.979
$144,020,970
55.901.82
sr99.922202
$249,549,181
SlrJc of MichiSu
Collnay of Ool.hnd
St ?hcn C, Ruschat bcing duly sworD, sy$ Th!! hc is th. PrcsidEnt & COO ofTh. Grrli&tc. Coaproy ofNorth
A$cnc8 UsA: tbrt said compary is a corpordion dr y o.g!oiz.4 cridins, 8nd .08.9!d is busilcas ss r a[tty b,
virtoc of thc lf,ws ofthc Stltc of Micbigq& md har duly corDglicd with dl thc rcquiEolab of tbo lwr of lsid do
spplicablc to srid cornpuy and is duly qurlificd to acl r.r sucty uld.r nrch h*!; thrl ssid oompatry hs dl coqucd
with and is duly qualificd to 6cl &s sur.t, lEdcr lhc Act of Cootrcss of ,uly 30, l9/f, &s lmloiLd (6 U.S.C &ll); 6r
thc forcgoing is e firll, trc &rd cornct rtdcsrcit oftic Er,rdciel coldition ofsrid compuy on th. ] li dry of
Dcccrnbcr 20 I I
Swom to bcforr mc this l9th dsy ofMuch 2019.
Ltr.tft,up
No,tur Ci 'folo..
Cynlhia A Td(ai
Notary Publlc, Stals of Mbhiqan
County of Oakland
My Co$mleslon ErDk68 F€bNary 27 , 2024
Acting ln Oakland County
c.Pr.sid.ot & COO
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