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Waterside E P2-CS 920817Dodson-Baleman & Company_________ KNOW ALL MEN BY THESE PRESENTs, That we, __ Bon~ &im - rice 83S0 Meadow k~dd · 214-369:964)0 SUite 181 * Dallas, Texas 75231 Bond No. Rebcon, Inc. Lo 'nia~ American Casualt and Surer Corn an(hereinafter called the ''Principal'') as Principal' and the organized under the laws of the State of Ma ryl an ~nd duly ,ice~s°~ the Ci tY ° f Bal t i m° re a c°rp°rati°n duly to transact business in the State of T e x a s unto City of Coppell, Texas (hereinafter called the "Surety"), as Surety are held and firmly bound (hereinafter called the -Obligee,, iht of Twenty-Two a~nd 90/100 1 for the payment ~t._ ,. _ ), hesum Ten T OUsan , our un re u~ wmcn are well and truly to ,.-- saau aurety, bind Ourselves, our heirs~ executors, administrator~, Successors bemade we t~,~ ~_.. ..... ~ ( 0,422.90 and assigns, jointly and severally, firmly by these presents. Signed and sealed this 17 t h ................ dayof August 92 THE CONDITION OF THIS OBLIGATION is such, that WHEREAs, thesald Prin ' . Standard Pacific of c~pal has heretofore entered into a contract with ~lt~e~dated Ap rt 1 Texas L.P. 19 92 ,for Box Culvert _tmprovements for Waterside Estates No. 2, WHEREAs, the obligee has requested that said work be guaranteed against failure because of defectivePhase I material, Performed or furnished by said principal for a Period of o n e workmanship or ance, normal wear and tear excepted. years from date of completion and accept- NOW THEREFORE, if the said Principal shall indemnify and save harmless the obligee against loss or damage Occasioned direclly by the failure of said materials or workmanship, then this obllgation to be void, otherwise to remain in fifll force aud effect. It is understood, however, that this bond shall not include loss lo hurricane, cyclone, tornado, earthquake, volcanic eruption or damage by failure of Workmanship or materials due Usurped power, insurrection, riot or civil Commotion, nor any act of God. nor military, naval or or any similar disturbance of nature, It is further understood and agreed that the total liability of the Surety under this bond shall in no event exceed the sum.of ~ 90/100 .............. corporation, other than the obligee herein named Dollars. No right of actmn shall accrue Upon or by reaso.n of this obligation, to or for the use or benefit of any person, firm or Principal Colonial American Casualty and Surety Surety C~a~mp~Wny By:~ Elnora Cruthis Attorney-in-Fact HOME OFFICES: BALTIMORE, MD 21203 POWER OF ATTORNEY KNO~ ALt MEN 8't' THESE PRESENTS: That the FIDELITY AND DEPOSIT COMPANY OF MARYLAND, and the COLONIAL AMERICAN C,.\s~ \1 1'~ ,,%D St RETY COMPANY. corporations of the State of Mat~land, by C.M. PECOT, JR., Vice-President, and C. W. ROBB INS , Assistant Secretary. in pursuance of authority granted by Article VI, Section 2 of the respccuv¢ B>-ka~s of said C ~mpanies. which are set forth on the reverse side hereof and are hereby certified to be in full force and ct'thor on th,: date hcreol, do hereb'., nominate, constitute and appoint Derrell C. Dodson, Sam J. blullls, Jr., Fred C. Wald, Jr., W. H. Bateman, IV and Elnora Cruthis, all of Dallas, Texas, EACH ............... . .............................. the true and lawt'ul agent and Anorney-in-Fact of each. to make, ex'ee'~ seal and c~, fur, and on its behalf as surety, and Independent Executors, Corm'aunEty Surw_v~X,,~"'~ Con:fln~, - · the respective Com,~anies at ,~: ....... . . , . ~..e~ _ ecuteo<~'~'x~cknowledged by the regularly elec ed officers of :~n~b~'4 n °~kvox~Dl~opo persons. Thzs power of attorney revokes t~t?~.~;sued ~Vehalf of Derrell C. Dodson, etal, dated, February 25, 1991. ~% ~ IN WITNESS WHEREOF the said Vice Pre i ' ~" ~ u~ .~ · ~ , . : .. - s d~fid Asslsca~n$,k~"~etarles have hereunto subscribed their names and affixed SURETY COMPANY thts ........... _I_~_~.& .......... %~- day o£ .......... ,J-~lIkl.l.a]~t. .............................. A.D. 19~2__ AT~E~St. k.~ HDE~A~ND DEPOSIT COMPANY (~MARAND ~ ....... --~---- ~"~ ~~ By .__~_ _~_~~'~ CO[~ONIAL AMERICAN CASUALTY AND STATE OF MARY~"~) ' ?l$$istat~ Secretorv ......... - ........... On this ] S t day of .J'aIlu~ry , A.D. 1992. before the subscriber, a Notary Public of the State of Maryland, in and for the City of Baltimore, duly commissioned and qualified, came the above-named Vice-Presidents and Assistant Secretaries of the FIDELITY AND DEPOSIT COMPANY OF MARYLAND and the COLONIAL AMERICAN CASUALTY AND SURETY COMPANY. to me personally of the same, and being by me duly sworn, seve~lly and each for himself delx)s~th and salth, timat they are thc said officers of the Companies aforesaid, My commission expires ......... A_~g_u__s_t___!,___]~9_2- ........... CERTIFICATE I, the undersigned Assistant Secretory of the FIDELITY AND DEPOSIT COMPANY OF MARYLAND and the COLONIAL AMERICAN CASUALTY AND SURETY COMPANY do hereby certify that the original Power of Attorney of which the foregoing is a full, true and correct copy, is in full force and effect on the date of this certificate; and I do further certify that the Vice-Presidents who executed the said Power of Attorney were Vice-Presidents specially authorized by the Board of Directors to appoint any Attorney-m-Fact as provided in Article VI, Section 2 of the respective By-Laws of the FIDELITy AND DEPOSFF COMPAI~D{ OF MARYLAND and the COLDN~AL AMERICAN CASUALTY AND SURETY COMPANY. This certificate may be signed by facsimile under and by authority of resolutions of the Board of Directors of the FIDELITy AND DEPOSIT COMPANY OF MARYLAND at a meeting duly called and hetd on the 16th day of July, 1969 and of the Board of Directors of the COLONIAL AMERICAN CASUALTY AND SURETy COMPANY at a meeting duly called and held on the 5th day of December, 1991. RESOLVED: "That the facsimile or mechanically or bereaRer, - reproduced signature of any Assistant Secretmy of the Company, whether made heretofore whenever appoarmg upon a certified copy of any power of attorney issued by the Company. shall be valid and binding upon the Corn puny with the same force and effect as though manually affixed. IN TESTIMONY WHEREOF. I have hereunto subscribed m name and affixed the 1 7 t h - ~f Au g u s t , ~ 9 ~ corporate seals of the said Companies. this 168-0 184 The City W~th, A Beautiful Future Coppel' Texas '5019 2~4 462-0022 0 l&ete & ilap~ To: