Pinehurst, LLC Material and Labor Bond TM38789-1 758964Pi,ATERIAL AND LABOR BOND
CITY OF MENIFEE. STATE OF CALIFORNIA
(Governmenl Code Section 66499.1 )
FOR
Surety
Streets and Drainage $ 226.750.00
Water System $_
Sewer System $_
Tract Map
Bond No.
28789-1
Premium $
Address
Principal
Address
Prnehursl LLC
Ir.
city/state-1000 ove Street. Suite 100
City/State Newoort Beach CA
Ztp Zip o2660
Phone 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 atlached
agreemenl(s) whereby principal agrees to install and complete the above designated public
improvements relating to TR 28789-1 , which agreement(s) is/are hereby referred lo and
made a part hereof; and,
WHEREAS, under lhe lerms of said agreement, prrncipal ts requtred. before entering upon
the performance of the work, to lile a good and sufficienl payment bond with the City of
Menifee to secure lhe claims to which reference is made in Title 15 (commencing with Section
3082)of Parl 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 contraclors, subcontractors, laborers, material persons and
other persons employed in the performance of said Civil Code in the sum of -@@g!g9g!Twentv Six Thousand Seven Hundred Fiftv and no/l00 Dollars, l-,,ff,$@Q! for materrals
furnished or labor lhereon of any kind, or for amounts due under the Unemployment
lnsurance Act with respect lo such work or labor, thal said surety will pay the same in an
amount nol exceeding the amount hereinabove set forlh, and also in case suit is brought
upon this bond, will pay, in addition to the face amount thereof, costs and reasonable
expenses and fees, including reasonable attorney's fees, incurred by the City an successfully
enforcing such obligation, to be awarded and fixed by the court, and to be taxed as cosls and
to be included in the judgment therein rendered.
It is hereby expressly stipulated and agreed upon that this bond shall inure to the benefit ol
any and all persons, companies and corporations entitles to full claims under Title 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 obligataon shall become null
and void; othemise, it shall be and remain in full force and effect.
I
MATERIAL AND LABOR BONO
The surety hereby stipulates and agrees that no change, extension of lime, alteralion or
addition to lhe terms of this agreement or to the specifications accompanying the same shall
rn anywise affect its obligation on this bond. and it does hereby waive notice of any such
change, extension of time, alteralion or addition, Surety further stipulates and agrees that the
provisions of Section 2845 of the Civil Code are not a condition precedenl lo surety's
obligalions hereunder and are hereby waived by surely.
lN WITNESS WHEREOF. this instrument has been duly executed by the principal and surety
above named. on
NAME OF PRINCIPAL Pinehurst, LLC
AUTHORIZED SIGNATURE(S)
By
N-ni6Setlon cnungTitle. President
(IF CORPORATION, AFFIX SEAL)
NAME OF SURETY: : i '
AUTHORIZED SIGNATURE
Its Attorney-in-Fact , Title
(IF CORPORATION, AFFIX SEAL)
ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PRINCIPAL AND
ATTORNEY.IN.FACT.
By: Pacific Communities Builder, lnc., ils Manager
caLrFoR ra aLL-PUBPOSE ACK}{OWLEDGME1{T CIVIL COOE 5 1189
A notary public or olher olficor complating this c€rtificalo vsifies only the identity ol lhe ndrvrdual who signed the
documsnl to which this c€rlifcats is attached, and not the truthfulness, accuracy, or validity of that document.
State of CaliJornia
County of Orange
On June 15.2016 Reb€cca Ngar. Notary Pubhc
Date
personally appeared
Here lnserl Name and Tille ol the Ol{icer
Nelson Chung
Name(s) ol Signer(s)
WITNESS my hand and otficial seal
who proved to me on the basis of satisfactory evidence to be the personN whose nameQ is/ate
subscribed to the within instrument and acknowledgod to me that he/sh€lth€r' executad the same in
his,M{H,r authorized capacity0riL and that by hrs,/h€.Ah€} srgnatureN on the instrument the personN,
or the entity upon b€hatf ot which the personN acted, executed the instrument.
I certily under PENALTY OF PERJUBY under the laws
of tho State o, Calilornia thal the foregoing paragraph
is true and conect.
REI€CCA I IG Ico itrbi t 2Ga:190
=tacl, PU* ' Ctts.i. 7 Signalure
of Notary Public
l''ll||l||tl|||||
Place Notary Seal Above
OPTIONAL
Though this section is optional, completing this inlormation can deter altetalan ol lhe document or
lrcudulent reaftachment ol this form to an unintended document.
Oescription of Attached Document
Title or Type oI Document: Matenal and Labot Bond Document Datet June 10,2016
Number of Pages: 2 Signe(s) Other Than Named Above
Capacity(ies) Claimed by Signer{s)
Signer's Name: Nelson Chung Signer's Name
t8 Corporate Officer - Title(s): c-retlc"r orEac,rF-&--9-!€. L:l Corporate Otficer - Title{s)
t l Partner - n Limiled D General 8u'(br lrt llantse'
[] Attomey in Fact o' Pit€ ,.st lLc
C Guardian or Conservator
Ll lndividual
t I Trustee
['l orher:
D Partner - D Umited Ll Gsnetal
D lrdMdual n Anomey in Fact
! Trust€e fl Guardian or Conservator
Signer ls Representing Owner
!l Other:
Signor ls Representing
ir
(02014 National Notary Association . www.NationalNotary.org . 1-800-US NOTABY (1 -800-876-6827) ltem fl5907
before me,
, I !,i i ;i .l
"'Eric Engtunct. [.)eanna Wersch, L rsa Mc Clellan. Matl Skelton. Sean Flnn Blaine [) Wrl|anison. Morag A Corey, lointly or
r.elel\ arE I'ereby ral fil aod conimed
rNOrN0E[tNlTrfoupAN/indrNoElvlNlTYCOIIPANYOFCALlFORN|AelledDeasoiJanua/151 2008
POWER OF ATTORNEY FOR
DEVELOPERS SURETY AND INDEMNITY COMPANY
INDEMNITY COMPANY OF CALIFORNIA
P, aL) r!,i;)5 rF.lrif , a n.4,/' r r"n',t .' I r r !
/T --^:.1"#i&,
"q'*'J
:,
t,,
.,. t _Lt _
rucrt[t n^]mxD
Commllron , ?0tl9ai
lotary Puuic . CrltdnL
0rtnga Coudy
aamm
''
_'":.'
' r: : j, -'\ | ' 1
CERTIFICATE
ocr 5
196 r
tlr ' ltlrrtH(.v u4 1,,r
fr.,,.-,m-"-
r$#::*aB'oa02 lerc A"q .", rS.
(i)o^,t
{q'r-'J
STATE OF OREGON
lCOUNTY OF CLACKAMAS
@p 6-10-16 . belore me. Lisa Ann McClellan
fiere nsei name ol notary)
persona y appeared l\rorag A Corey
(nama(s) ol Stgner(sl)
personally known to me (or proved to me on lhe basis ol satslactory evdence) to be lhe person(s) whose nanE(s) E/are
subscnbed to the within inslrunBnt and ad<not /ledged to me thal he/shelthey executed the same in his,her/lher autho zed
capacitylies). and that W his.her,\her signalurc(s) on ll:€ nstrument lhe lF-.rson(s). ot the enlity upon beha of whbh the
person(s) acled. execuled the nstrumenl
WITNESS my hand and otlicial seal.
l tltt /<-i)i 4t SEALr]SA .'.dn ,,C Ct"EUrAx
;'"; i; l', r'r'8i:, r"li8 PJ
8Sn I 2016
lln',rt',t h'r ()ltittul \,jtttt,!i .rnl
Signature ltL (i tl (sEAL)
-OPTIONAL-
Though lhe dala below tS nol requlred by law. tl may prove valuable lo persons relylng on the documenl and could
prevenl lraudulent reatlachmenl ol lhis,orm.
CAPACITY CLAIMED BY SIGNER OESCRIPTION OF ATTACHED DOCUMENT
D tnotvroual
[.-] conponlre orrtcen
TITLE OF TYPE OF DOCUMENT
n plnrreRrs)L .] rrnr-rEo
L I r;erie naL
M nttoRttEv-tru-racrfl rRusteersr
n cuanotlnlcoNSEFrvAToB
NUMBER OF PAGES
Ll orHrn,_
DATE OF DOCUMENT
SICNER IS REPRESENTING
Developers Company
SIGNER(S) OTHEB THAN NAMED ABOVE
Surety And lndemnily
lD.r232 (BEV 5/091 ALL.PURPOSE ACKNOWLEDGEMENT