KB Home Coastal, Inc. Subdivision Monument Bond TR30142-1 0151418 (2)@copv
SUBDIVISION MONUMENT BOND
CITY OF MENIFEE, STATE OF CALIFORNIA
(Government Code Section 66496)
TracUParcel Map No.
Bond No. 01s1416
TR 30142-1
Surety Berkley Regional lnsurance Compa ny
Address 505 N. Brand Blvd.. suite 1040
City/State cbndale. cA'zip 91203
Principal
Address 36310 lnland Valley Drive
City/State Wldomar, CA
92595
KB HOME Coastal lnc.
subdivider, as principal,and BerftleyRegionallnsuranceCompany
a corporation, as surety, are hereby jointly and severally bound to pay to the City of Menifee
Dollars ($77,000.00the SUm Of Seventy Seven Thousand and No/1 ).
The condition of this obligation is that, whereas the subdivider, as a condition of the filing of
the final map of TracUParcel Map Number -Tracl 30142-1 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 orwithout notice to the surety, then this obligation shall become null and void;
otherwise, it shall remain in full force and effect.
As a part of the obligatlon 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, incuned by the City in successfully enforcing such obligation, all
to be taxed as @sts 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 thls 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 Civll Code and
commencement of construction are not conditions precedent to surety's obligations hereunder
and are hereby waived by surety.
Phone 81&505-1403 Phone ssr-esr-suas
KNOW ALL MEN BY THESE PRESENTS:
KB HON1E Coastallnc.
zip
That,
SUBDIVISION MONUMENT BOND
lN WITNESS WHEREOF, this instrument has been duly executed by the principal and surety
above named, on August 6 2010
NAME OF PRINCIPAL: KB HorlrE coasrar rnc
AUTHORTZED S IGNATURE(S):
By
Name: ,{(c(AeL A.Ftl*euA,i FtL.
Title'. tP LA D+F u eLl Pclru,o * c-'
(rF coRPoRATION, AFFTX SEAL)
NAME OF SURETY: BerkleyResiona urance Company
AUTHORIZED SIGNATURE:
rney-in-Fact
Erenda Wong. Attomey-ir}Fact
(tF coRPoRATtON, AFFTX SEAL)
ATTACH NOTARIAL ACKNOWLEDGMENT OF SIGNATURES OF PR]N GI PAL AND
ATTORNEY{N.FACT.
lltle
County of Riverside
On Auqust 10, 2010 before me,Richard R. Keller, Notary Public,
personally appeared Michael H. Freeman Jr , who proved to me on 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/shelthey executed the same in his/her/their authorized capacity(ies),
and that by his/he#their signature(s) on the instrument the person(s), orthe entity upon behalf of which the person(s) acted, executed the
instrument.
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.
12
RICHARD R, KE(IER
ComnJsslon # l 7l9140
Noiory Public ' Coillornlc
2C"- K- /r,L_
RiY3
Uly Comm
(SEAL)Richard R. Keller
CALIFORNIA ALL.PURPOSE ACKNOWLEDGMENT
State of California
CAL!FORN !A ALL.PURPOSE ACKNOWLEDGMENT
State of California
County of Los Angeles
On August 6. 2010 before me, Tracy Aston, Notary Public, personally
appeared Brenda Wonq. who proved to me on 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 hls/her/th€iF 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 certify under PENALTY OF PERJURY under the laws of the State of
California thatthe foregoing paragraph is true and correct.
WITNESS my hand and officialseal.
IRAcy nC IONComm lssion # t 7J9959Nolo,y public - Cqtiror olo Tracy Astontos Ang€le5 Coun!YI6U Ccrnm E\pi,es 1,4o,, i 5, 2Oi 1
No.795l
POWER OF ATTORNEY
BERKLEY Rf, GIONAL INSURANCE CONIPANY
IVILMINGTON, DELAWARE
NOTICE: The rvarning found elsewhere in this Power of Attomey affects the validity thereof. Please revierv carefully.
KNOW ALL MEN BY THESE PRESENTS, thAt BERKLEY R-EGIONAL NSURANCE COMPANY (thE "COMPANY''), A
corporation duly organized and existing und€r the laws of the State of Delaware, having its principal office in Urbandale, lowa,
has nrade, constituted and appointed, and does by these presents make, constitute and appoint: Thomqs S. Branigan, Ashraf
Eluasry, Brenda lYong, Marina B. Tapia, Edward C. Spector, Noemi Quiroz or Simoae Gerhard of Aon Risk Insurance
Services Wesl, lnc. of Los Angeles, Cl its true and lawful Attome y-in-Fact, to sign its name as surety only as delineated below
and to execute, seal, acknowledge and deliver any and all bonds and undertakings, with the exception of Financial Guaranty
Insurance, providing that no single obligation shall exceed Fifty Millior and 00/100 Dollars ($50,000,000.00), to the same extent
as if such bonds had been duly executed and acknowledged by the regularly elected ofhcers ofthe Company at its principal office
h their own proper persons.
This Power of Attomey shall be construed and enforced in accordance with, and govemed by, the laws of the State of Delaware,
without giving €ffect to the principles of conllicts of laws thereol This Power of Attomey is gratrted pursuant to the following
resolutions which were duly and validly adopted at a meeting of the Board of Directors ofthe Company held on August 21, 2000:
"RESOL!'ED, that the proper officers of the Company are hereby authorized to execute powers of attomey authorizing and
qualifyilg the attomey-in-fact mmed therein to execute bonds, undertakings, recognizances, or other suretyship obligations
on behalf of the Company, and to affx the corporate seal of the Company to powers of attomey executed pursuant hereto;
and further
RESOL!'ED, that such power of attorney limits the acts of those named therein to the bonds, undertakings, recognizances,
or other suretyship obligations specihcally named therein, and they have no authority to bhd the Conrpany except in the
manaer and lo the extent therein stated; and fi:rther
RESOLVED, that such power of attomey revokes all previous powers issued on behalf of the attomey-in-fact named; and
further
RESOLVED, that the signature of any authorized officer and the seal of the Company may be affixed by facsimile to any
power of attorney or certihcation thereof authorizing the execution and delivery of any bond, undertaking, recognizance, or
other suretyship obligation of the Company; and such signature and seal when so used shall have the same force and effect as
though manually affixed. The Company may continue to use for the purposes herein stated the facsimile signature of any
person or persons who shall have been such officer or officers of the Company, notwithstanding the fact that they may have
ceased to be such at the time when such instruments shall be issued."
IN WITNESS WHEREOF, the Company ha
corporate seal hereunto affixed thi s lf day o
presents to be signed and attested by its appropriate officers and itss caused these
1 -{,.- -;',". n '
Anest:erkle mpany
(Seal)By v
lra S n Robert P. Cole
Senior Vice President & Secretary Senior Vice President
WARNING: THIS POWER INVALID IF NOT PRINTED ON BLUE .BERI(LEY" SECURITY PAPER.
STATE OF CONNECTICUT )
) ss:
COUNTY OF FAIR-FIELD )
Sworn to before me, a Notary Public in the State of Connecticut, this
S. Lederman lvho are srvom to me to be the Senior Vice President,
Berkley Regional lnsurance Company. E i LE. Er,,! ilil j_l-E E r,i
.it(j :-,.,-jjq t7 ic,u:8.Lrc
lin/ iiu',itijaa r4ii ';ri,otl i![J!i t :,Notary Public, State of Connecticut
CERTIFICATE
I, the undersigned, Assistant Secretary of BERKLEY RECTONAL INSURANCE COMPANY, DO HEREBY CERTIFY that the
foregoing is a tIue, conect and complete copy of the original Power of Attomey; that said Power of Attomey has not been revoked
2010
B
B
v ReRal hsvratce Co
f,"m/Zz
j'? 63y sg .J-' .r ',',.,.'" 'r, 20t0. by Robert p. Cole and Ira
arui the'senior Vi.. pritlfl*t and Secretary, respectively, oI
f,L. .. " .- ,/-1.^2,-t-t t
or rescinded ard that the authority of the Attorney-il-Fact set forth therei
Power of Attomey is attached, is in full force and effect as of this date.
Given under my hand and seal ofthe Company, this _ day o
n, who executed the bond or undertaking to which this
f AUG-6 2010
L".--''-''L( Seal)
!itcven Coward