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Pinehurst, LLC Material and Labor Bond TM28789-2 759680SExecuted ln trlpltcate MATERIAL AND LABOR BOND CITY OF MENIFEE, STATE OF CALIFORNIA (Government Code Section 66499.1) FOR: Streets and Drainage $143 000 00 Water Syslem $ Sewer System $Premium $ Inc Luded ln pe r foruranc e Tract Map Bond No. 28789-2 759680S Sufgty Developers Surety And IndeEnltv AddressCompany PO Box I9725 Principal Pinehurst LLC Address 1000 Dove Street, Suite 100 City/Stats rrvlne , cl City/State l{ewport qe€ch, CA Zip 92623 Zip 266 Phens I -800- 7 82-t546 Phone (949) 660-8988 WHEREAS, the City of Menifee, State of California, and Pinehurst, LLC , (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 TR 28789-2, 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 sufficienl 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 Hundred Fortv Three Thousand Five Hundred and no/100,Dollars, $ 143.000.00 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 amounl thereof, costs and reasonable expenses and fees, rncluding 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 as 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 lltle 15 (commencing with Section 3082) 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 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. MATERIAL ANO LABOR BOND The surety hereby sttpulates 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 O.toher 5 , 20t6 NAME OF PRINCIPAL: Pinehurst. LLC AUTHORIZED SIGNATURE(S) By. Pacific Communities Builder, lnc., its Manager By Na e Nel n Chunglltle: P ident (IF CORPORATION, AFFIX SEAL) NAME OF SUREW: Developers suret:/ And rndemn{ ty cnnprny AUTHORIZED SIGNATURE tl, Its Attorney-in-Fr"1 I'Ior@n-Pac t (IF CORPORATION, AFFIX SEAL) ATTACH NOTARIAL ACKNOWLEOGMENT OF SIGNATURES OF PRINCIPAL AND ATTORNEY.IN-FACT. A notary public or other oflicer completing this certificato verifles only lhs id€ntity ot the individual who sign€d the documenl to which this cerlilicale is atlached, and not th€ truthfulness, accuracy, or validity of thal documant. callFont{ta aLL-PUBPOSE ACK OWLEOGMEa{T ctvtL cooE s 1189 State of California Orange On September 26, 2016 Date personally appeared Nelson Chung Name(s) ol Signe4s) who proved to me on the basis ol satisfactory evidence to bo the personfsl whose name(\ iVaresubscribed to th€ within instrument and acknowledged to me that he/oh€lttrey' executed the sime inhis,/l#:th.ir authorized capacityllrcL and that-by hiyh€rflheir signatureN on the instrumant the personN, or the entity upon behalf of which the personls) acted. executed the instrument. I certity under PENALry OF PERJURY under the laws of tho State of Calilornia that the foregoing paragraph is true and correct. DParlner - ! Limited [] General! lndividual D AttomBv it iacl! Trustee D Gr,:,oian or Conservator WITNESS my hand an sealARACELI ESOUIVEL Commission # 2096669 Nolary Publrc' Caltlotnla 0ran0c Counly Comm. Erprres Jan ll,2019 Signature S,gnaturB ol Notary Public Place Notary Seal Above it.ugh this sectlon is optional, completing this intormation can deter alteration ol the documant rr lraudulent reanachment ol this lorm to an unintended document. Descriptaon oI Atta\.5ed Document Title or Type ol Document. Number ot Pages: _ Signo'i:) Othor Than Named Above Capacity(iesl Claimed by Signer(sl Signer's Name [] Corporate Otticer - Title{s}[-J Corprrate Officer - Title(s) ! Other: - D Other: Signer ls F:presentinq Signer ls Representing @2014 National Notary Association . www.NationalNotary.org . 1-800-US NOTARY (l -800-876-6824 ltem fl5907 County o, b6tor6 m€, Araceli Esquivel, Notary public _, Here lnsetT Name and Title ol the Oflicer OPT'ONAL Documenr rate: Siqner's Name: D Partner - I Limited fl General D lndividual a Attomey in Fact O Trustee D Guanlien or Conssrvator KNOI{ ALt FIY TrjtSE PRES[Ni5 lrial elceplas erpresslr hm,led ;tVtL,JPtRS SUREIY AND rl'J0tMrl!It CoMP!NY and TNOEMN ]r CirtlPAt{y OF CAt tFORNTA do each lr€{eby make consl'lule and appornt "'Eric Englund. Deanna W€rsch, Lisa Mc Clellan, Matt Skelton. Sean Flinn, Blaine D. Wrlliamson, Morag A. Corey, joinly orseverally"' p,e*nls ds hereby rarrfrod andcoilrmed AND INOE MN I rY CoMPANY and INDE Ml.llTY COMPANY OF CAL tF oRN|A €fieclve as ot Jarluary l$ ?006 RE SOI VE 0. that . comDrnal,on ol any lwo ul the Cha{man ot tie Board the Presdont E rocuivs tco-p.eed€nt Senlol Vre presdent or eny Vl.e presrdent ot llle to atleslllre ei€cuton olany suci Pn*a ol Allo{ney RESoLVED FURTIIER tnatthe $gnalures ol sucn ofi,csrs may be slired lo any s,!cn Por€r olAlarney cr to any cerDtclto r€iatlE hofsto by tacamrc rndanysuch o. conlrad ol surolysh D to ricl' rl ls allacied lNWITNESSWiiERt0f DEVELoPERSSURETYANoINDEMNITY CO PANY snd INoEMNITY COMPANY OF aALtFORNjAhave s€v€rslty caused fiese geserts ro be rgn€d bf lher relprctrve otfr(rls and alesled by $etr lespecuve Secr€tsry o{ Asesbnt S€crstary tnrs l Slt day ol AtnL 2C I 6 DEnel Young Srn|ol Vce.Presdfirr POWER OF ATTORN€Y FOR DEVELOPERS SURETY AND INDEMNITY COI,!PANY INDETINITY COMPANY OF CALIFORNIAi a , ,!:_r ; , iL j. r:f1r L4!r:;1 ll-: r{I#:t'a ?,,,;;il ,$s lT 9y ,2"''+ocr 5 r90 / A nolary publc or olher ollrcer complelrng lhrs c€rlificate venfies onty the rdentjly ol the indrvidual who signed the docunrEnl lo whrch lhrs ce(rlcale rs anached. .nd not lhe truthlulness accur Stab ol Cah,o.nra Ccrrnty ol oraogo 0n Aral 16,201t1 C.r. l-uc le Rlymqld, Nolary Publrc Danel Yomg and M€rr L$sdo.r rfrr , ..9,- rl *no 9roved tc me on ha oa$s ol 3alE,adorl e$enae ro be lia pdsor,lsr rhos€ namols) rs,are subgcrted lo lhe s'lhm nsturfle.rl and aclnowhdgod lo me hal hothe,,lhoy ex€orled lhs sa.rne m h&,he{lh€r authoi2€d cap6crty(.6s) and fial by h6'tarnh€{ egnaturels } c,r h€ rns[ufienl lh6 FeBm(s) or the 6ntdy Lrpon b?hall ol wilch the pssoo($) 8cl€d eracLrle{ lhe nslrumallruclL Lt fiat otD Commriroo r 20t l ea5 [ot.ry Pubic . Crl[o.nlr 0,tnga CouJrt Ccn'rm 0(l I WITNESS my hand and otfioar s€ai :ng.iallre CERTIFICATE l.ed,l] undei PENALIY OF PERJUPY ur,rhE lislawsollhs Stsle ol Ca omE lhat ltle ioregong psagraph rs L) nace Notary SealAlrow T he onders8neo as Secictary or A556rahl Srrrerar v 01 0E /€ L oPE R 5 SU R E T Y AND NoE IJNIIY Co|'!PANY ol l\DE MNITY COMPAN Y (lF CAL ll (.rRN lA does her ebv sad cdporaloos sel lorlh rn lhe P.,$er olAltuney 6re,n lolc€.s ol lh€ daleolll,rs Csrticite oot 5!967"46, lrr'll80iHP! r,4 lll ;l1l -tll.I;:;+" H,ooa ,r!a S,* ,"j' "O" .D"*; -9IAI.E OF oREGON lCOUNTY OF @11 10'6'16 CLACKAMAS beforL. n,c LISA ANN MCCLELLAN (here nserl name ol notary) Pet:;ottallv iP7eated MORAG A COREY lnatne$) ol sqnerq)) pesonally known to tne (ot ptoved to me on lhe bas$ ol sauslaclory ewdence) to be the person( whose name6) is/ar6 subsd bed to the withn inslrumenl and adnowledged to me that t{tshetlfy executed the same in t/gfeddn authonzed capaciylt*). and thal by l*herfiL signalurcOl on the instrumenl lhe percon(rl. ar tE enlity upon behall ol which the person( aced execuled the instrumenl. WITNESS my hand and ollicial seal S@ralu/e fl*U /toulr/''-,",o,OFFICIAL SEA! dSA ANI{ MC CLELLAN NOIARY PUELIC . )BEGOir coMMlssroN No rr40, rl Iht' r,,tltt ttlttttnl \t)tt tt! -\tl -OPTIONAL- Though the dala below rs not requlred by law, rt nray prove valuable to persons relytng on lhe documenl and couldprevent lraudulent reatlachmenl o, this,orm. CAPACITY CLAIMED BY SIGNER DESCRIPTION OF ATTACHED DOCUMENT I tr'rotvtouar! conponere orrrceR TITLE OF l YPE OF DOCUMENT lJennrr'rrnlsy Lf uvrreo Ll ceruesal M n rronrue v"rt r-rncr fl tcustrersr n ounnotaricot'TsEHVAToR fl orHEn, NI][4BER OF PAGES DATE OF DOCUMFN'I SIGNER IS BEPRESENTING Developers Surety And lndemnrty Company SIGNERiS} OIHEB THAN NAMED ABOVE lO-123? tBEV s 0,1 ALL-PURPOSE ACKNOWLEDGEMENT