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Riverchase (4)-CS 920820SAFECO INSURANCE COMPANY OF AMERICA GENERAL INSURANCE COMPANY OF AMERICA FIRST NATIONAL INSURANCE COMPANY OF AMERICA HOME OFFICE: SAFECO PLA~A SEATTLE, WASHINGTON 98185 Bond#5672094-O001 MAINTENANCE BONO KNOW ALL BY THESE PRESENTS, That we, MURRAY CONSTRUCTION CO., INC. 515 N. Kealy Ave., Lewisville, TX 75057 as Principal, and SAFECO INSURANCE COMPANY OF AMERICA, a corporation organized under the laws of the State of Washington and duly authorized to do business in the State of Texas as Surety, are held and firmly bound unto CITY OF COPPELL 616 S. Coppell, Coppell, TX 75019 as Obligea, in the ponalsum of FORTY NINE THOUSAND TWO HUNDRED FIFTEEN AND 68/100 .... ($ 49r215-68 ............... -)r to which payment well and truly to be made we do bind ourselves, our and each of our heirs, executors, administrators, successors and assigns iointly and severally, firmly by these presents. WHEREAS, the said Principal entered into a Contract with the RC DEVELOPMENT PARTNERS, L. P. 8440 Walnut Hill Ln., Dallas, TX 75231 dated August 1~, 1992 for WATER, SANITARY SEWER & STORM DRAINAGE IMPROVEMENTS, RIVERCHASE ADDITION WHEREAS, said Contract has been completed, and was approved on day of 19 NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH, That if the Principal shall guarantee that the work will be free of any defective materials or workmanship which become apparent during the poried of ONE ( 1 ) year(s) following completion of the Contract then this obligation shall be void, otherwise to remain in full force and effect, provided however, any additional warranty or guarantee whether expressed or implied is extended by the Principal or Manufacturer only, and the Surety assumes no liability for such a guarantee. Signed, sealed and dated this 20 th dayofAugust Pauline L. Lesch Attorney-in-F~ct POWER SAFECO INSURANCE COMPANY OF AMERICA HOME OFFICE SAFECOPLAZA OF ATTORNEY SEA~rLE, WASHINGTON 98185 SAFECO No. 9021 KNOW ALL BY THESE PRESENTS: That SAFECO INSURANCE COMPANY OF AMERICA, a Washington corporation, does hereby appoint ............. PAULINE L. LESCH; CLEM F. LESCH; DON E. CORNELL, Lewisville, Texas .......... its true and lawful attorney(s)-in-fact, with full authority to execute on behalf of the company fidelity and surety bonds or undertakings and other documents of a similar character issued by the company in the course of its business, and to bind SAFECO INSURANCE COMPANY OF AMERICA thereby as fully as if such instruments had been duly executed by its regularly elected officers at its home office IN WITNESS WHEREOF, SAFECO iNSURANCE COMPANY OF AMERICA has executed and attested these presents this ] ]th dayof May 19 88 CERTIFICATE Extract from the By-Laws of SAFECO INSURANCE COMPANY OF AMERICA: "Article V, Section 13. -- FIDELITY AND SURETY BONDS . . . the President, any Vice President, the Secretary. and any Assistant Vice President appointed for that purpose by the officer in charge of surety operations, shall each have authority to appoint individuals as attorneys-in-fact or under other appropriate titles with authority to execute on behalf of the company fidelity and surety bonds and other documents of similar character issued by the company in the course of its business... On any instrument making or evidencing such appointment, the signatures may be affixed by facsimile. On any instrument conferring such authority or on any bond or undertaking of the company, the seal, or a facsimile thereof, may be impressed or affixed or in any other manner reproduced; provided, however, that the seal shah not be necessary to the validity of any such instrument or undertaking." Extract from a Resolution of the Board of Directors of SAFECO INSURANCE COMPANY OF AMERICA adopted July 28, 1970. "On any certificate executed by the Secretary or an assistant secretary of the Company setting out, (i) The provisions of Article V. Section 13 of the By-Laws, and (ii) A copy of the power-of-attorney appointment, executed pursuant thereto, and (iii) Certifying that said power-of-attorney appointment is in full force and effect, the signature of the certifying officer may be by facsimile, and the seal of the Company may be a facsimile thereof." I, Boh A. Dickey, Secretary of SAFECO INSURANCE COMPANY OF AMERICA, do hereby certify that the foregoing extracts of the By-Laws and of a Resolution of the Board of Directors of this corporation, and of a Power of Attorney issued pursuant thereto, are true and correct, and that both the By-Laws, the Resolution and the Power of Attorney are still in full force and effect. IN WITNESS WHEREOF. I have hereunto set my hand and affixed the facsimile seal of said corporation this 20th day of August 1992 CO.,, INC. January 22, 1993 City of Coppell P.O. Box 478 255 Parkway Blvd. Coppell, Texas 75019 Attn: Larry Davis Subject: Riverchase Estates Coppell, Texas Dear Larry, Enclosed is the required Maintenance If you require additional information please Sincerely, Carol Ann Williams CAW/hj cc: Jerry Ragsdale Don Tipton Bond for Riverchase Estates. contact me. 515 NO. KEALY AVE. LEWISVILLE. TEXAS 75057 (214) 436-4566 FAX (214) 219-0019