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Big Cedar-CS 920706 MAINTENANCE BOND s2007590 Bond No. KNOW ALL MEN BY THESE PRESENTS, That we, Legend Construction, Inc. (hereinafter called t~he "Principal") as Principal, and the WASHINGTON INTERNATIONAL INSURANCE COMPANY , a corporation duly or- ganized under the laws of the State of Arizona and duly licensed to transact business in the State of Texas (hereinafter called the "Surety"), as Surety are held and firmly bound unto CITY OF COPPELL AND CARMEN AND STREET, A TEXAS GENERAL PARTNERSHIP an~$72/100 $15,009.72 ) (hereinafter called the "Obligee"), in the sum of Fifteen Thousand Nine Dollars for the payment of which are well and truly to be made, we, the said Principal and the said Surety, bhnd ourselyes, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. · 6th July 19 92 SIGNED and sealed this ..................... day of ............................................ · ........ THE CONDITION OF THIS OBLIGATION is such, that WHEREAS, the said Principal has heretofore entered into a contract with said Obligee dated February 25 19 92 ,for Pavement, Drainage, Water & Sewer Facilities to serve Big Cedar Addition WHEREAS, the obligee has requested .that said work be guaranteed against fMlure because of defective workmanship or material, performed or furnished by said principal for a period of One years from date of completi~ and acceptance, normal wear and tear excepted. NOW THEREFORE, if the said Principal shall indemnify and save harmless the obligee against loss or damage oc- casioned directly by the failure of said materials or workmanslfip, then this obligation to be void, otherwise to re- main in full force and effect. It is understood, however, that this bond shall not include loss or damage by failure of workmanship or materials due to hurricane, cyclone, tornado, earthquake, volcanic eruption or any Similar dis- turbance of nature, nor military, naval or usurped power, insurrection, riot or civil commotion, nor any act of God. If is further understood and agreed that the total liability of the surety under this bond shall in no event exceed the sumof Fifteen Thousand Nine Dollars and 72/100 Dollars. No right of action shall accrue upon or by reason of this obligation, to or for the use or benefit of any person, ffn'm or cor~.oration, other than the obligee herein named. LEGEND oONS~R~oTION, INC. P .rincipal David Chaney, Vice President Tr Xtra}/T~ck~r By: Attorney-in-Fact gASB]NGTON INTERNATIONAL INSURANCE COHPANY PO~ER OF ATTORNEY KNC~ ALL HEN BY TRESE PRESENTS: That the Washington International l~sura~ce Company, a corporation organized and existing under the [a~s of the State of Arizona, end having its principat office in the Village of Schaumburg, ItLinois, does hereby constitute and appoint * * TRACY TUCKER AND DELBERT TUCKER its true and ta~fu[ attorney(si-in*fact to execute, seat and deliver for and o~ its behatf as surety, any and bonds and undertakings, recognizances, cc~tracts of indea~ity and other uritings obligatory in the nature thereof, ~hich are or flmy be alloued, required, or permitted by tau, statute, ru[e, regulation, contract or otherwise, and the execution of such instrtxaent(s) in pursuance of these presents, she[[ be as binding upon the said Washington [nternationat Insurance company as fully and amp[y, to att intents and purposes, as if the same has been duty executed and acknowledged by its President at its principal office. This Po~er of Attorney shat[ be timited in amount to $2,000,000.00 for any singte obtigation. This Po~er of Attorney is issued pursuant to authority granted by the resolutions of the Board of Directors adopted IN TESTII4Ofly ~HENFa4~:-~h~j~h~ i~ Internatiorm[ Insurance Company has caused this instrunent to be signed and its corporate seat I~.'.~.~.L~'.4~. e.thorized offi~ ~, this 7th day of October, 1992. ~ ~- . ---. ~. ~ ~ASRY~ ~ ]NTERNAJ"dIO~AL iNSURANCE CCX~4PANy '~. co. % ARIZOHA ." ~ff Stev~n] .~rson, Vice Presi~nt On this 7th day of October, 1992, before me came the individuat uho executed the preceding instrument, to me ~rsona[ty knos~, and, being by me duty s~orn, said that he is the therein described and authorized officer of the Washington International Insurance Company; that the sea[ affixed to said instrtal~ent is the Corporate Seat of said IN TEST]NONY t~HEREOF, i have hereunto set~ hand and affixed my OffJciat Seat, the day and year first above CHPJSTINE ZAR~TS ( My C~mm~AJion Explrel 10-7 n~ ~NTY OF C~ ) J, the undersigned, Secretary of ~ASN]NGTON INTERNATIONAL INSURANCE COMPANY, an ARIZONA Corporation, DO HEREBY CERTIFY that the foregoing and attached PO~ER OF ATTORNEY remains in fut[ force and has not been revoked, and furthermore that Article ill, Section 5 of the By-La~s of the Corporation, and the Resolution of the Board of Directors, set forth in the Po~er of Attorney, are force. Signed and sealed in the Coc~ty of Cook ~h ~~ Le~¥s N. Noel[er, Secret~ry