Park West CC(18)-CS 900516 International Fidelity Insurance Company
24 COMMERC;;S'REET NEWARK, N. J, 07102
Bond No.. 850035-90
MAINTENANCE BOND
<NOW ALL MEN BY THESE PRESENTS: THATWE, Superior Utilities, Inc.,
~:.0. ~ox .~iC5,~-5: .Oallas, l'e'<as 7538~-0545 as Principal,
amd INTERNATIONAL FIDELITY INSURANCE COMPANY, a New Jersey Corporation of 24 Commerce
Street. Newark, New Jersey, licensed to do business in the State of New Jersey and Texas ,
as Surety, am held and f'mnly bound unto the City of Coppel ]
as Obligee, in the full and just sum of
· ~'.,e] ,,'e ?.".0u:.:and Eight Hundred Seventy Seven & 70/100-Donars lawful money of the United Stat~ of America
to the payment of which sum, well and truly to be made, the Principal and the Surety bind themselves,
' their successor~ and assigns, jointly and severally, firmly by these presents.
· II(~.NI:D, SEALED AND DATED THIS May 16, 1990
THE CON o~l'lON OF THIS OBLIGATION IS SUCH THAT, WHEREAS the Principal entered into a
cont~act'~iththeObliseefor Site Utilities for Park West Commerce Center, Site //1
AND WHEREAS, the Obligee requires a guarantee from the Principal asainst defective materials and
workmanskip in connection with said Contract
NOW [ttEREFORE, if the Principal shall make any repairs or replacements which may become necessary
d~.:ri~g the per~odof one year from date of acceptance
because of defective materials or workmanship in connection with said
· or, tract of which defectiveness the Obligee shall give the Principal and Surety written notice within (30) thirty
_'ays ~fter disco~-ery thereof, then this obligation shall be void; otherwise it shall be in full force and effect.
M1 suits at law or proceedings in equity to recover on this bond must be instituted within twelve (12)
months after the expiration of the maintenance period provided for herein.
INTERNATIONAL FIDELITY INSURANCE COMPANY
"N itn es~ ('../ Attorney-in-i- act
Cheryl L. Humphrey
1
OWER ATTORNEY
_[L.~::~1)624-72)') ' ;: :*. ;' ' .
I ~ 1 iI~ [~[ ON~ i~I D~tI~~ I N S U ~N C ~ C Om P~Y
· . } ! .. . ~: .-!" ' :-.: -. HOME OFFICE: 24 COMMERCE STREET
{,a.- I,'-.[: [...:v~ ,)f !ac- St.:kc'.'. ' \' :~' J ::':;e.',...nd ha;'i:: .j it~ 2:i:.ci:' d c.:-c..' J,. :7_.' C.:-.' of Newark, New Jersey, does hereby constitute and appoint
i. . ......... , , 5ETTY J. J;-;~.t[~'4O, C~:--~Y' L P,U,~PHREY,'
'. " PL.-;,C_'.T£TAS , :' 6-89
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~ ~.. i~ .:rue and la¥:Ful ~:tornex(s'.-[n-.'-~cttocxecdte. s::r:i aa:i d,-!i;er A:ram:.on hsb,;kM5;ts surew, a:~y and allbonds and undertakings, conlractso[indemnityand
: c tl',er w[it;.[~s'obi/~c.tto:-.' tn ~? ~ na:.ure tl.enx,[ wi'ica 3~. ,:,r i..a.' ,-e ai'ow,:~.. :'cq'J~rCu or F, et~mdcd bv ~:w, statute rule. regtt.ation contract or othel~is¢, and the
, ~xctut:on o'.'su~:h il~ *,h~-u$',te:~t(>~ i:: ?m. ::a:¥.,: el these [ re- _'a:~, s'lr:.S be a.~ b:,n~;i:,g ul' ,m the sltid 15~E RNA'FION.~ FIDELI-~' INSU ~LNCE COMP.~Y,
! ak' 2Hi'/, fIl'{i ~(i::plV. t(j ail i::tenB :iud purposes, as i7 ~he same hill been dui? executed ami acknow:cd2ed bY its reeglarlv dec:ed officers at its principal office.
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'[ ~: Pc..v .:-,. f'.~;t. ,r:' 'y ;s .:~ect::cd. ar.d m?: ::e :c~ 5 td 7 an .I m~ y be revnkzd, p'~rsuant to and by i~ailtor~ty of Anicle2.- Section 3. ofthe By-Laws adopted
':-.. h-.. Jl~ ..iFJ Of I)in"t 7, :'S *d INTERNATIONAL } 'iDE[I 'Y l NSUP~X"/CE UOMPANY at 4 meeting called and held on the23rd day of Decembcr, 1968,
~' Th: Pre..[dcnt or ar:v Ygcc 2sidenL Execat:.ve '-qc¢ P:'cside:~t, SecretaD' or Assistant Secretan', shall have power anti authority
.
~. T.-, ~[ I" i':' &.t.} q~z'.s-in-fazt, and to d[ki[kO:-[ZC t[tC:n tO e~ccute o~l behalf of the Company, and aztach the Seal of the Company thereto, bonds and
: : .... e:': ,~i~.~L c:mtrac:s of h~ti~mini~' ::nd t, fi~cr writings obligateD' in the nature thereof and. "
"* - 'I't '::'t:mevc7 ~4 mw 12u:. any ~.~.zb A:torrey-ia-fezt an~ revoke the authodb' given.
i:' :':-w.. 6 .is i'owcr of.-ktt m~zj is Ag:;ed ,md s:aled ky facz~m~e pursuant ~ resolution of the Eoard of Directors of said Company adopted at a meeting duly
~. ca~.l,:fl :L'. Lei.'. ( n the 41h day of Fekme~C,', 1975 ot'wbAc}~ thc fi:;ilpwing is a tr:;e excerpt:
thc. ~1 .::r. :hz '..7:. turzs ',f '.o;h m'fi:c~ and ti~c'szal :~f tile Company may be a~xed to any such po -er of attorney or any certificate relat:ng thereto by
: , :- >~. :.t.. [ a?: sL .:. F,,-x~: ~f attornav..j:' c stylings: 2 bcar[t.g such facsim[[e signatures or facsimil,~ seal skall be valid at2d binding upon the Company and
z,n. * .'... .:r .-~xccm:"L.d ccn:qcd'w f,::~files~gnatm'esand facsimil,sealsi2a~lkev~lid and binding upon thc Companv in the fumre with rcspectto
i. f ] i .5'7[MONE[WI4EREOF. IN~ERNJ:TION~kL FIDELI1~' INSURANCE COMP~NY has caused this instrumenl
: ~ , ':[ tilt1}' ~ 'll ~l ' l ) c s]gaqd and i:~ corporate sea[ to be affixed b2.' its authorized officer, this 1st day of hllay, .kD. i986.
: l ,,,kN I : } .:.l '. I .'/ l. II ' : : ....
. ~i ~' ',,, ~ ¢'[ k: i,~- . IN~rERNATION~ FIDELI'~' INSUR,~NCE COMPLY
: : '~l i l~ ll ~ '_l. EXeCUtweVice Presiaent
.: t..:z.e=,,n~ mstrdlnCal, to me personally ~own. and. being by hie dub' sworn,
, :.<iL: '-~.: '1' '.; :dr..Ds:.d~e4 mdau~hrr~cd~:~cer~f~h~N~E~N~&T[~N~LF~D~[L~INSU~NCEc~MPANY;t-tatth~sea[afl~xedt~said
, -' . · ' :" :. :~: , 'l ~ 'k. ~::o:-~t, S~.d ~f-,aid Compaq:,'; ti-,a~ thc s~.id Co~ot'~lc Sea[ and his sim'refute were duly affixed by order of the Board of Directors of said
· 33: v. . , , · I .} .-! - . - ":~= " ' -'"' : · - : ' ":":"
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.,~" - P- ,~ ..... ~, '~ , "% ~N TES'IiMON%' WHEI~OF, I ix~e hereunto se[ iuy htmd and affixed my Official Seal,
$-' $' ..-" I ' ' ':',~:~.5~." ,~t dle ci~&r Newark, New Jersey tl,e day and year Erst above arhtcn . .. ' .
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· ,.,."~' *'" ,."' ', ....... ~"$-~'~ <L~ . My Commission Expires April 3. 1993
.... ; ,¢, ~ . .
.5~ "";;::~ h ~.~ ''~'~t- ' 6' ~ CERTIi:[CATION. . ..
1. · ~?:,' .t .h c::oflNTE RNATiONALFi DELiT~IN~.U~NNCE COMP,MNYdo ]:ercbyce~lil~'thatl have compared Ihelbr~g~ingcopy oflhe
.') :r~ ~ -~, .... - z'.... '. ' ~ '~..,,,~.: ~:.~.' :'' ': 't:." "cepy of ~2 ~ S x':{m: of .he By-Laws of said Company as set forth in said Power of Attorney.. wgl: thc O~GI NALS ON
~: .. ,~ 1 'c '7!-: }J ~ :O -1 ;: (.,; 1' '7 E C.I 3;.1D COM P.-'xNT. ai:d dlat ti~%same are cprrec[ transcripts thereof, a nd of the whole of the said originals, and that Ihe said
.:', e" ': '. . :.. ha . i - ::::'rzvoke,[ and is :tow h: fa;i ~)rce and effect ~ ' '.' :,
~ . 12 .'-~ , :',..)' C:' A } ff REO -, I have hereunto s.t n,> 1 ...... th:J~h LI:E( o[._..C:'.,c-3