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Town Center L1B2-CS 980903Bond No. CC -17250 1 13 CM sa 1D R0 KNOW ALL MEN BY THESE PRESENTS, that we L. E. DELEKTA, INC. (hereinafter called the Principal), and CUMRFRTAND CASUALTY & SURE COMPA a _FLORIDA called the Snrety), are held and firmly bound unto __CITY OF COPPELL ,, P. O. BOX ,47$_ _ COPPELL, TEXAS 75019 Owrcinafier called the Obligw), in the full and just sum of 4WENTY FOUR THOUSAND TWO HUNDRED EIGHTY AND Noll 0 0(QAq 2 to 4D1hwIBi money of the United States, for the payment of %ikli, well and truly to be rtVde, we bind oursclvcs, our bets, admiuielraterrs, executors, successors and assigns, joinily and severally, Srz Wy by these prescats, WHEREAS, said Principal has pedoratad the UTILITY WORK AT TOWN CENTER SHOPPI CENTER which improvements have bear or are about to be completed and acceptod. PHASE I AND WHEREAS, it is required that L. E. DELEKTA, INC. should guarnnme the project from defects caused by fanny zvorianansbip and materials, general wear and tc u excepted, fur a pctiud of Two ( 2 ly from the date of acceptance. NOW THEREFORE, if the said project shall be free from defects of workmanship and materials, general wear and tear excepted, for a period of 2 year�thea this obligation shall be null and void, otherAise to remain in full force and effect, until Signed and sealed this 3rd day of September 1! _ 98. CUMBERLAND CASUALTY & SURETY COMP By J PAULINE L. LESCH Attorney -in -Fact CUMBERLAND CASUALTY & SURETY COMPANY POWER OF ATTORNEY TAMPA, FLORIDA PRINCIPAL L. E. DELEKTA, INC. EFFECTIVE DATE 9 -3 -98 251 W. RENNER, #176, RICHARDSON, TX 75080 (STREET ADDRESS) (CITY) (STATE) (ZIP CODE) CONTRACT AMOUNT $48,560.00 AMOUNT OF BOND $ 24 00 POWER NO. _CC- 1 7250 KNOW ALL MEN BY THESE PRESENTS: That the Cumberland Casualty & Surety Company, a corporation duly organized under the laws of the State of Florida, having its principal office in the City of Tampa, Florida, pursuant to the following resolution, adopted by the Board of Directors of the said Company on the 7th day of April, 1997, to wit: "Resolved that the President of the Company shall have authority to make, execute, and deliver a Power of Attorney constituting as Attorney -in -Fact, such person, firms, or corporations as may be selected from time to time. Be it Further Resolved, that the signature of the President 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 powers so executed and certified by facsimile signature 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." Cumberland Casualty & Surety Company does hereby make, constitute and appoint Pauline L. Lesch and /or Clem F. Lesch and /or Gary Matula and/or Steven J. Zin State of, Tex its true and lawful attomey(s) -in -fact, with full power and authority hereby conferred in its name, place and stead, to sign, execute, acknowledge and deliver in its behalf, and its act and deed, as follows: The obligation of the Company shall not exceed two million ($2,000,000.00) dollars. And to bind Cumberland Casualty & Surety Company thereby as fully and to the same extent as if such bond or undertaking was signed by the duly authorized officer of the Cumberland Casualty & Surety Company, and all the acts of said attorney(s) pursuant to the authority herein given, and hereby ratified and confirmed. IN WITNESS WHEREOF, the Cumberland Casualty & Surety Company has caused these presents to be signed by an officer of the Company and its Corporate Seal to be hereto affixed. �OMTr ;S CUMBERLAND CASUALTY & SURETY COMPANY n W Ed a di Edenfiel IV� STATE OF FLORIDA ) ►SL J �ia16� COUNTY OF HILLSBOROUGH) SS On this 7th day of April, A.D. 1997, before me personally came Edward J. Edenfield IV, to me known, who being by me duly sworn did dispose and say; that he resides in the County of Hillsborough, State of Florida; that he is President of the Cum- berland Casualty & Surety Company, the corporation described in and which executed the above instrument; that he knows the seal of said corporation; that the seal affixed to the said instruments is such corporate seal; that it was so affixed by order of the Board of Directors of said corporation and that he signed his name, thereto by like or ANo PU BLIC ~ BE Y ANN JER 3 i ne'i' Notary Public, State of Flo Ida STATE OF FLORIDA ) u se totm� pJ My Commission Expires Aug. 2 , 998 SS 0 * ouoVk No. CC 402276 COUNTY OF HILLSBOROUGH) Bonded Through Offtrial Ilotary Seruire I, the undersigned, Secretary of the Cumberland Casualty & Surety Company, a Florida Corporation, DO HEREBY CERTIFY that the foregoing and attached POWER OF ATTORNEY remains in full force. Signed and Sealed at the City of Tampa. gATr 4 Dated the 3rd day of September , 19 98 S4 O � 'Oe , SEAL p L, i J4MCR Carol S. Black, ecretary