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Corners Coppell-CS 870831 Bond No. 30 12 04 99 T The FIDE,_ AND DEPOSIT COMPA1N OF MARYLAND FIDELITY AND DEPOSIT COMPANY Companies HOME OPlrlClz$: BALTIMORli, MD. 21203 MninteanHee Bond The Corners of Coppell Joint Venture KNOW ALL '.MEN BY THESE PRESENTS, that we ................. ................ hereinafter called Principal, as Principal, and FIDELIT~ A,~D D~POS~T COMPANY OF MARYLAND, a corporation of the State of .Maryland, Baltimore, Mary]and, hereinafter called Surety, as Surety, are held and firmly bound unto City of Coppell hereinafter called Obligee in the sum of......~_.~.e.....~_._°_..u..S.._~..d..._.F.?:..V_~.._H...u~. _..d~..~...A~..~]._~?./_.~.0_~...: ................. ............................................................................................................................................. DOLLARS, lawful money of the Un/ted States of America, to be paid to the said Obligee, or its successors or assigns, to the payment of which sum well and truly to be made, we do bind ourselves, our heirs, executors, administra- tors, successors and assigns, jointly and severally, firmly by these presents. of ._....~..~.Z'.. 87 SIGNED, sealed and dated tins .....................................................day ........................... 19.__-" .. June 22, 1986 WHEREAS, the Principal entered into a contract with the said Obligee, dated ..................................................... for.. Building a Shopping Center at McArthur and Sandy Lake, Coppell ................................................................................................................................................................................... and, WHEREAS, the ()bligee requires that these presents be executed on or before the final completion and ac- ceptance of said contract and 31st WHEREAS said contract was completed and accepted on the ........................................................ day o~ August 19 87 NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH, that if the Principal shall remedy, without cost to the Obligee, any defects which may develop during a period of ....... .l_.__y.~.a...r. ................... from the date of completion and acceptance of the work performed under the contract, caused by defective or inferior materials or workmanship, then this obligation shall be void; otherwise it shall be and remain in full force and effect. .% TTEST: The Corners of Coppell Princilxd Joint Venture FIDELITY AN~ DEPOSIT COMPANY OF MA,,RYLAND ~ttorney-in-Fact ;he FIDELITY AND DEPOSIT COMPANY OF MARYLAND  FIDELITY AND DEPOSIT COMPANY O:m~pardes HOME OFFICES: BALTIMORE. MD. 21203 POWER OF A'VFORNEY KNOW ALL MEN BY THESE PRESENTS: That the FIDELITY AND DEPOSIT COMPANY OF MARYLAND, attd the FIDELITY AND DEPOSIT COMPANY, corporations of the State of Maryland. by C.H. PECOT, JR. , Vice-President, and C.W. ROBBINS , Assistant Secretary, in pursuance of authority granted by Article VI, Section 2 of the respective By-Laws of said Companies, which are set forth on the reverse side hereof and are hereby certified lo be in full force attd effect of the date thereof, do hereby nominate, constitute, and appoint Robert E. Stalnaker, Jr., Joe N. Jay, Eaten E. Vestee, Shirley Lamberth, Gregory N. Wallingford, Hichael R. Utech, John H. Barnes, John R. Sanders and Janet K. Autry, all of Dallas, Texas, EACH ....................................................................... ~ t~ lawful agent and Attorney-in-Fact of each, to make, execute, seal and deliver, for, and on its behalf as surety, and as its act and deed: any and all bonds and undertakings. · .EXCEPT bonds on behalf of the execution of such bonds or undertakings in pursuance of these presents, shall be as binding upon said Companies. as fully and amply, to all intents and purposes, as if they had been duly executed and acknowledged by the regularly elected officers of the respective Companies at their offices in Baltimore, Md., in their own proper persons. This power of attorney revokes those issued on behalf of Robert E. Stalnaker, etal, dated, September 24, 1986 and on behalf of Janet K. Autry, dated, October 14, 1986. IN WITNESS WHEREOF, the said Vice. Presidents and Assistant Secretaries have hereunto subscribed their names and affixed the Corporate Seals of the said FIDELITY AND DEPOSIT COMPANY OF MARYLAND and the FIDELITY AND DEPOSIT COMPANY this ..................... .1..~.£Ja ................................. day of ................ .J..u...n..e. ...................................... A.D. 19...~.Z ......... A'I'rEST: FIDELITY AND DEPOSIT COMPANY OF Mf IYLAND _ ~_ '. ........... Dy ..............................Z.L.LL:...[ ......................... ................ J'i;'"'~;"~,,~ ...... P"~'~' FIDELITY AND DEPOSI~COMPANY ................... .;~,;;"Z,"~';;';,'~' ..................... Y ......................... '/';r-:'i;~ ............................ STarE OF MARYLAND } CITY OFBALTIMORE j- aS: On·ha 15th davof June .A.D. 1987 . before the subscriber, aNotaryPublicoftbeStateofMarvland, mand for the City of Baltimore, dul~ commissioned and qualified, came the above-named Vice-Presidents and Assistant Secretaries of the FIIgELITY AND DEPOSIT COMPANY OF MARYLAND and the FIDELITY AND DEPOSIT COMPANY, to me p~r~on&lly known Ia be the individuals and officers described herein and who executed the preceding mstrument, and they each acknowledged the execution of the ume. and being b}' me duly sworn. several y and each for himself deposeth and *aith t hat t hey are t he sald officora of t he Componies aforesaid, and that the seals affixed t° t boP~eceding instrument are the Corporate Seals of said Comp&mca, and that ·be. ~td Cg,r ~porale S?ls and thmr s~,naturaa aa such officers were duly affixed and subscribed to Ihe said innrument by the authority and dtrectmn oI the ~ata t~orporatmns. .,,,le~.vEsn.~ionY WHEREOF. I have h ........... y h..d ..d .ffi.d ..y Omen, S.t~C.~t~S~,i~,r~h, ~y .~y .~y.~r,, abo,e My commission eapire~ ..J...u..l:y.....]:.;....l...9..9...0. ........................ CERTIFICATE I. the undersigned Assistant Secretary of thc FIDELITY AND DEPOSIT COMPANY OF MARYLAND and the FIDELITY AND DEPOSIT COMPA N Y do hereby certify that the original Power of Attorney of which the for e$oin[ ia · full. true ·nd ~orr~ct copy, ia in full force and effect on ~he d .... ,th ..... ificat .... d l do furth ..... tif, that the Vice-Presidents w~hO ~:neU~r~tie~lheev~.id.~Pct~oWn~r~o~ff tAl~Orre~ney ..tw~eeB~i~raeos]~en~l~PeeELl~ authorized bv Ihe Boards of Director~ to appoint any Attorney-in-Fact aa pro id ' ' , · poe '. y- . AND DEPO,~IT COMPANY OF MARYLAND and Ihe FIDELITY AND DEPOSIT COMPANY. This cert f cate may be signed by facsimile under and by authority of resolutions of the Board of Directors of the FIDELITY .A. ND DEPO$!T COMPANY OF MARYLAND at a meeting duly called and held on the 16~h day of July. 1969 and of the Board of Directors of the FIDELITY AND DEPOSIT COMPANY at a meeting duly calledand held on the 2nd day of November. 1978. RESOLVED: "That the facsimile or mechanically reproduced signature of any Aaswtant Secretary of the ComiC. ny, whether made heretofore or hereafter, whenever appearing upon a certified copy of any ~ower o[anorney ~saued by the Company, shall be vabd and binding upon the Company with the .~ame force and effect aa though manually affixed.' 30th IN TESTIMONY WHF. REOF, I have hereunto subecrtbod my nameand affixed the corporate aeahof the said Companies. this ............................... day of .............................................. , 19 ........... LlSle,,ITX~--tlff. -168 I.'l)l{ ',t)['l( I'l((l'l'l.t"l'lt)N l.()()ll l.'()l,~'l'lll 1.'?<1)V~'.\'I'I.I(\I \I(K