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Shadowridge P1-3-CS 890815International Fidelity Insurance COmpany 24 COMMERCE STREET NEWARK, N.J. 07102 Bond No.~838049-89 MAINTENANCE BOND KNOW ALL MEN BY THESE PRESENTS: THAT WE, Crawford Uti 1 i ty Contractor, Inc., 2890 S. Goliad, Rockwal 1, Texas 75087 as Principal, and INTERNATIONAL FIDELITY INSURANCE COMPANY, a New Jersey.Corporation of 24 Commerc~ Street, Newark, New Jersey, licensed to do business in the State of New Jersey and Texas , as Surety, are held and fmnly bound unto the Centex Real Estate Corporati on 1660 S. Stemmons, Suite 150, Lewisville, Tx. 75067 asObligee, in the full and just sum of Four Thousand Six Hundred Thirty Nine & 48/100 ..... ~ollars lawful money of the United States of Axaerica to the payment of which sum, well and truly to be made, the Principal and the Surety bind themselves, 'their successors and assigns, jointly and severally, firmly by these presents. SIGNED, SEALED AND DATED THIS August 15, 1989 THE CONDITION OF THIS OBLIGATION IS SUCH THAT, WHEREAS the Principal entered into a contract with the Obliger for Uti 1 iti es for Shadow Ri dge Estates (Fi est & Fourth Increments), Coppell, Texas AND WHEREAS, the Obligee requires a guarantee from the Principal against defective materials and workmanship in connection with said Contract NOW, THEREFORE, if the Principal shall make any repairs or replacements which may become necessary during the period of one year from date of acceptance because of defective materials or workmanship in connection with said contract of which defectiveness the Obliger shall give the Principal and Surety written notice within (30) thirty days after discovery thereof, then this obligation shall be void; otherwise it shall be in full force and effect. Ali 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. Crawford Utility Contractor, Inc. O Witness INTERNATIONAL FIDELITY INSURANCE COMPANY ~ C ~et~ne~]in'H[amC'; r e y 1-83 TEL. (201)624-7200 PO WER OF ATTORN · INTERNATIONAL FIDELITY INSURANCE COMPANY HOME OFFICE: 24 COMMERCE STREET NEWARK, NEW JERSEY 07102 BOND NO. 838049-89 KNOW ALL MEN BY THESE PRESENTS: That INTERNATIONAL FIDELITY INSURANCE COMPANY, a corporation organized and existing under the laws of the State of New Jersey. and having its principal office in the City of Newark. New Jersey, does hereby constitute and appoint V.R. DAMIANO, JR., BETTY J. DAHIANO, SHARYL BAILEY, CHERYL L. HUMPHREY PLANO, TEXAS its true and lawful attorney(s)-in-fact to execute, seal and deliver for and on its behalf as surcty, any and all bonds and undertakings, contracts of indemnity and other writings obligatory in thc nature thereoL which are or may be allowed, required or permitted by law, statute, rule. regulation, contract or otherwise, and the execution ofsucb instrument(s) in pursuance ofthese presents, shall be as binding upon the said INTERNATIONAL FIDELITY INSURANCE COMPANY, as fully and amply, to all intents and purposes, as if the same had been duly executed and acknowledged by its regularly elected officers at its principal office, This Power of Attorney is executed, and may be certified to and may be revoked, pursuant to and by authority of Article2, - Section 3, of the By-Laws adopted by the Board of Directors of INTERNATIONAL FIDELITY INSURANCE COMPANY at a meeting called and held on the 23rd day of December, 1968. Thc President or any Vice President, Executive Vice Preside,it, Secretary or Assistant Secret,,ry. shall have power and authority (l) To appoint Attorneys-in-fact, and to authorize them to execute on behalf of tile Company, and attach the Seal of the Company thereto, bonds and undertakings, contracts of indemnity and other writings obligatory in the nature thereof and. (.2) To remove, at any time, any such Attorney-in-fact and revoke the authority given. Further. this Power of Attorney is signed and sealed by facsimile pursuant to resolution of the Board of Directors of said Company adopted at a meeting duly called and held on the 4th day of February, 1975 of which the following is a true excerpt: Now therefore the signatures of such officers and the seal of the Company may be affixed to any such power of attorney or any certificate relating thereto by facsimile, and any such power of attorney or certificate bearing such facsimile signatures or facsimile seal shall be valid and binding upon the Company and any such power so executed and certified by facsimile signatures and facsimile seal shall be valid and binding upon the Company in the future with respect to any bond or undertaking to which it is attached. IN TESTIMONY WHEREOF, INTERNATIONAL FIDELrrY INSURANCE COMPANY has caused this instrument to ~ be signed and its corporate seal to be affixed by its authorized officer, tllis 1st day °f May, A'D' 1986'~ INTERNATIONAL FIDELITY INSURANCE COMPANY STATE OF NEW JERSEY ~ ~ County of Essex · ccutivc Vice I rcsidcnl 0111his I st day of May 1986: before mc came thc individual who executed the preceding instrumcnl, lo mc personally known, and, being by mc duly sworn, said Iha! lie is tile therein described and authorized officer of the INTERNATIONAL FIDELITY INSURANCE COMPANY; that the seal affixed to said insh'umcnt is the Corporate Seal of said Company; that the said Corporate Seal and his signature were duly affixed by order of the Board of Dir~to~ of said Company. ~ .~ ~ IN TESTIMONY WHEREOF, I have hereunto set my hand and affixed my Official Seal, /~~$ ~ at tile City of Newark, New Jersey the day and year first above writtcn. My Commission Expires April 28, 1992 1. the undersigned olficer of INTERNATIONAL FIDELI~ INSU~NCE COMP~ do hereby certil~ that I have compared the foregoing copy of the Power of Attorney and affidavit, and the copy of the Section of the By-Laws of said Company as set forth in said Power of Attomey, with the ORIGIN~S ON FI LE IN TH E HeM E OFFICE OF SAID COMPANY, a nd that thc sa mc arc correct Iranscripts Ibc reef. and ortho whole oflhc said originals, and that the said Power of Attorney has not been revoked and is now in full force and cfl~cl IN TESTIMONY WHEREOF, I have hereunto set my hand this i~day of ~ll~US~ 19 89