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Lakewood Estates-CS 930623 ST. PAUL FIRE AND MARINE INSURANCE COMPANY St. Paul, Minnesota ST. PAUL MERCURY INSURANCE COMPANY St. Paul, Minnesota ST. PAUL GUARDIAN INSURANCE COMPANY St. Paul, Minnesota Capital Stock Companies MAINTENANCE BOND Bond No. 4005L1952 KNOW ALL MEN BY THESE PRESENTS, Thatwe, Glenn Thurman, Inc. (hereinafter called the "Principal") as Principal, and the St. Paul Fire and Marine Insurance Company , of tbe City of St. Paul, Minnesota, acorporation duly organized under the laws of the State of Minnesota, and duly licensed to transact business in the State of _ T ex a s (hereinafter called the "Surety"), as Surety are held and firmly bound unto C___~ of Co e_~_~_Texas Twenty-Nine Thousand, Six Hundred (hereinafter called the "Obligee'), in the sum of Eighteen and 16/100 ...... ($ 29,618.16 ) for the payment of which are well and truly to be made, we, the said Principal and the said Surety, bind ourselves, our heirs, executors, administrator~, successors and assigns, jointly and severally, firmly by these presents. Signed and sealed this 23rd dayof June 19 93 THE CONDITION OF THIS OBLIGATION is such, that WHEREAS, the said Principal has heretofore entered into a contract with said Obligee dated s e p t emb e r 19 92 ,for Lakewood Estates - Lakewood Tract B 16 WHEREAS, the obligee has requested that said work be guaranteed against failure because of defective workmanship or material, performed or furnished by said principal for a period of o n e years from date of completion and accept- ance, normal wear and tear excepted. NOW THEREFORE, if the said Principal shall indemnify and save harmless the obligee against loss or damage occasioned directly by the failure of said materials or workmanship, then this obligation to be void, otherwise to remain 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 disturbance of nature, nor military, naval or usurped power, insurrection, riot or civil commotion, nor any act of God. It is further understood and agreed that the total liability of the surety under this bond shall in no event exceed the sumof Twenty-Nine Thousand, Six Hundred Eighteen and 16/100 ($29,618-1~llars. No right of action shall accrue upon or by reason of this obligation, to or for the use or benefit of any person, firm or corporation, other than the obligee herein named. Glenn Thurman, Inc. St. Paul Fire and Marine Insurance Comp any Surety Elnora Cruthis Attorney-in-Fact COPY ~0. CERTIFICATE OF AUTHORITY NO. ST. P..~I~L FIRE AND MARINE INSURANCE COI~AI~ANY Washington Street, St. Paul, Minnesota ~ For vetificmlon oftb~ anl~ntiei~ of this Power of Attorney, you may ~elephone toll free I -~0-421-3880 and ask the power of A~arae,y Cle~. p~e~se ,f~c ~o the Ce~ificat¢ of Authority No. and ~ n~ ~v~I(s)- GENERAL POWER OF AI~FORNEY - CERTIFIED COPY (Orig~al on File at Home Office of Company. See Certification.) Derrell C. Dodson, W. H. Bateman IV, Fred C. Wald, Jr. Mull~s, Wr.~ Elnora Cruth~s, Sherry Mesq~ta, indivi&~lly, ~11as, ~xas primal o~ce. c To ~mt ~ A~eys-~-f~ w~ ~ he~y ~ m May. 1959. of ~h t~ ~w~g is a ~e ~: se, tO, aff~, by i~ an,~d of,.r~'~--day of ~. A.D. I~. ~. PAUL ~ A~ MARINE INSURANCE COMPA~ 17~ ~y ~ ~ ,19 92, ~fore ~ c~e t~ ~divi~M ~ ~uted the p~ng imprest, m me CER'iII~'iCA~ON L~ -. ~!~.~_ ........... ~'n of the B,,-Laws of said Company a~ set forth in said Power of Attorney, with the ORIGINALS .ON gILE.IN TI~ .HOM~ ~1~v& ~ ~n~ I~ I~O~M~: ~ d that the~ a~ correct transcripts themoL and of the whole of the ~id originals, and that the smd Power ot Attorney nas not 23rd dayof J u13. ~ ,19 93 ROY F. SEYMOUR, Assr Seerctary ~SS0 Flev. 5-92 Printed in U.S.A.