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HomeMy WebLinkAbout2005-356 . "."" 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLutION NO, 2005-356 RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO APPROVING STANDARD FORM OF AGREEMENT FOR SUBDIVISION TRACT NO. 14604 LOCATED AT THE NORTHEAST CORNER OF omo AND MAGNOLIA AVENUES WITH KB HOME GREATER LOS ANGELES INC., WITH TIME OF PERFORMANCE SPECIFIED, AND AUTHORIZING RELEASE OF RICHARD L. ELDER AND KEVIN R. ELDER FROM TERMS OF STANDARD FORM OF AGREEMENT FOR SUBDIVISION TRACT NO. 14604 AS APPROVED BY RESOLUTION NO. 2003-129, DATED JUNE 16, 2003. BE IT RESOLVED BY THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO AS FOLLOWS: SECTION 1. The Mayor of the City of San Bernardino is authorized on behalf of said City to execute the standard form of agreement adopted by Resolution No. 90-427 with KB Home Greater Los Angeles Inc., for improvements in Subdivision Tract No. 14604 as are required by Title 19 of the San Bernardino Municipal Code and the California Subdivision Map Act. The time for performance is specified at 24 months. Said improvements are specifically described and shown on Drawings approved and on file in the office of Development Services of the City of San Bernardino. SECTION 2. Standard Form of Agreement for Subdivision Tract No. J 4604 as approved by Resolution No. 2003-129 dated June 16,2003 with Richard L. Elder and Kevin R. Elder is hereby cancelled by mutual consent of the City and Richard L. Elder and Kevin R. Elder 2005-356 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO APPROVING STANDARD FORM OF AGREEMENT FOR SUBDIVISION TRACT NO. 14604 LOCATED AT THE NORTHEAST CORNER OF omo AND MAGNOLIA AVENUES WITH KB HOME GREATER WS ANGELES INC., WITH TIME OF PERFORMANCE SPECIFIED, AND AUTHORIZING RELEASE OF RICHARD L. ELDER AND KEVIN R. ELDER FROM TERMS OF STANDARD FORM OF AGREEMENT FOR SUBDIVISION TRACT NO. 14604 AS APPROVED BY RESOLUTION NO. 2003-129, DATED JUNE 16, 2003. The City Clerk shall certify the approval and acceptance of the Mayor and Common Council as set forth in this Resolution. SECTION 3. This Resolution is rescinded, if the parties to the agreement fail to execute it within sixty (60) days of the passage of this Resolution. /II /II ~ ,~, r ~ 'H,~' ~."", "'"'~V~~'T~''''' '~'''''~''''''''''''''''7'~'r 'He "~~, " ,"',' , " "" , ~~"'~- 2005-356 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 RESOLUTION OF THE MAYOR AND COMMON COUNCIL OF THE CITY OF SAN BERNARDINO APPROVING STANDARD FORM OF AGREEMENT FOR SUBDMSION TRACT NO. 14604". I HEREBY CERTIFY that the foregoing Resolution was duly adopted by the Mayor joint regular and Common Council of the City of San Bernardino at a meeting thereof, held on the17th day of October , 2005, by the following vote, to wit: Council Members: AYES ESTRADA x LONGVILLE x MC GINNIS x DERRY x KELLEY x JOHNSON x MC CAMMACK x - NAYS ABSTAIN ABSENT t6.~ 2005. day of October The foregoing resolution is hereby approved this ,~ alles, Mayor f San Bernardino Approved as to Form and legal content: JAMES F. PENMAN, City A omey 1 ~ ~ ~"C"~o"."~~~ \, ,'. 2005-356 AGREEMENT (Subdivision Improvements) 't~L dayof_~ , THIS AGREEMENT is made and entered into as of this 2006', by and between the CITY OF SAN BERNARDINO, a Municipal Corporation, hereinafter referred to as "City," and KB HOME Greater Los Angeles Inc., hereinafter referred to as "Subdivider." RECITALS , A. WHEREAS, Subdivider has presented to City for approval a final subdivision map (hereafter called "map") entitled Tract Map 14604; and, B. WHEREAS, the map has been filed with the City for presentation to the City Council (hereinafter called "Council") of the City for its approval, which map is hereby referred to and incorporated herein; and, C. WHEREAS, Subdivider has requested approval of the map prior to the construction and completion of improvements, including all streets, highways or public ways and public utility facilities which are a part of, or appurtenant to, the subdivision (hereinafter called "subdivision") designated in the map, all in accordance with, and as required by, the Plans and Specifications for all or any of said improvements in, appurtenant to, or outside the limits of subdivision, which Plans and Specifications are now on file in the Office of the City Engineer of the City; and, D. WHEREAS, Council has approved said map and accepted the dedications therein offered, or some thereof, on condition that Subdivider first enter into and execute this Agreement with the City; and, E. WHEREAS, This Agreement is executed pursuant to the provisions of the Subdivision Map Act of the State of California and Title 19 San Bernardino Municioal Code. 1 ~-- -- '. ~.~ - ., ' - - . . . 2005-356 NOW THEREFORE, for and in consideration of the approval of the map and of the acceptance of the dedications, or some thereof, therein offered and in order to insure satisfactory performance by Subdivider of Subdivider's obligations under said Subdivision Map Act and said Ordinance, the parties agree as follows: 1. Performance of Work. Subdivider will do and perform, or cause to be done and performed, at Subdivider's own expense, in a good and workmanlike manner, and furnish all required materials, all to the satisfaction of the City Engineer of City, the work and improvements within (and/or without) the subdivision to complete the improvements in accordance with the Plans and Specifications on file as hereinbefore specified, or with any changes required or ordered by said Engineer which, in his opinion, are necessary or required to complete the work. 2. Work: Places and Grades to be Fixed bv Engineer. All of said work is to be done at the places, of the materials, in the manner, and at the grades, all as shown upon the Plans and Specifications therefor, heretofore approved by City Engineer and which are now on file in his office, and to the satisfaction of said City Engineer. 3. Work: Time for Commencement and Performance. City hereby fixes the time for the completion of said work to be within 24 months from the date hereof. 4. Time of Essence - Extension. Time is of the essence of this Agreement; provided that, in the event good cause is shown therefor, the City Engineer may extend the time for completion of the improvements hereunder. Any such extension may be granted without notice to the Subdivider's surety, and extensions so granted shall not relieve the surety's liability on the bond to secure the faithful performance of this Agreement. The City Engineer shall be the sole and final judge as to whether or not good cause has been shown to entitle Subdivider to an extension. 2 ~~~'C'C"""',"O'Y, " '-"t ^,''- -'~'- ." - ' ,.2005-356 5. Reoairs and Replacements. Subdivider shall replace, or have replaced, or repair, or have repaired, as the case may be, all pipes and monuments shown on the map which have been destroyed or damaged, and Subdivider shall replace, or have replaced, repair, or have repaired, as the case may be, or pay to the owner the entire cost of replacement or repairs, of any and all property damaged or destroyed by reason of any work done hereunder, whether such property be owned by the United States, or any agency thereof, or the State of California, or any agency or political subdivision thereof, or by the City, or by any public or private corporation, or by any person whomsoever, or by any combination of such owners. Any such repair or replacement shall be to the satisfaction, and subject to the approval, of the City Engineer. 6. Utility Deoosits - Statement. Subdivider shall file with the City Clerk, prior to the commencement of any work to be performed within the area delineated on the map, a written statement signed by Subdivider, and each public utility corporation involved, to the effect that Subdivider has made all deposits legally required by such public utility corporation for the connection of any and all public utilities to be supplied by such public utility corporation within the Subdivision. 7. Permits: Comnliance with Law. Subdivider shall, at Subdivider's expense, obtain all necessary permits and licenses for the construction of such improvements, give all necessary notices and pay all fees and taxes required by law. Subdivider shall comply with all provisions of the Subdivision Map Act and Title 19 San Bernardino Municinal Code. 8. Sunerintendence bv Subdivider. Subdivider shall give personal superintendence to the work on said improvement, or have a competent foreman or superintendent, satisfactory to the City Engineer on the work at all times during progress, with authority to act for Subdivider. 9. Insnection bv City. Subdivider shall at all times maintain proper facilities and provide safe access for inspection by City to all parts of the work and to the shops wherein the 3 ,~,,--- '''' -r- -.-- ~" ~_.,'" ,,,-,'~ .. ..-- . . . 2005-356 work is in preparation. 10. Contract Securitv. Concurrently with the execution hereof, Subdivider shall furnish to City improvement security as follows: (a) An amount equal to at least one hundred percent (100%) of the total estimated cost of the improvement and acts to be performed as security for the faithful performance of this Agreement; (b) An amount equal to at least fifty percent (50%) of the total estimated cost of the improvements and acts to be performed as security for the payment of all persons performing labor and furnishing materials in connection with this Agreement; and, (c) An amount equal to at least twenty-five percent (25%) of the total estimated cost of the improvements and acts to be performed as security for the guarantee and warranty of the work for a period of one (1) year following the completion and acceptance thereof against any defective work or labor done, or defective materials furnished. As a part of the obligation guaranteed by the security and in addition to the face amount of the security, there shall be included costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by City in successfully enforcing the obligation secured. The type of security furnished shall be in the form of bonds, deposits or letters of credit as provided in Title 19 San Bernardino Municipal Code, and the type shall be at the option of and subject to the approval of the City Engineer and the City Attorney. 11. Subdivider's Insurance. Subdivider shall not commence work under this Agreement until Subdivider shall have obtained all insurance required under this paragraph, and 4 ~"r'" n'T " .. 2005-356 such insurance shall have been approved by City Attorney as to form, amount and carrier, nor shall Subdivider allow any contractor or subcontractor to commence work on his contract or subcontract until all similar insurance required of the contractor or subcontractor shall have been so obtained and approved. All requirements herein provided shall appear either in the body of the insurance policies or as endorsements and shall specifically bind the insurance carrier. (a) Worker's Comoensation InsurancelEmolover's Liability Insurance. Subdivider shall maintain, during the life of this Agreement, Worker's Compensation Insurance and Employer's Liability Insurance for all Subdivider's employees employed at the site of improvement, and, in case any work is sublet, Subdivider shall require any contractor or subcontractor similarly to provide Worker's Compensation Insurance and Employer's Liability Insurance for all contractor's or subcontractor's employees, unless such employees are covered by the protection afforded by Subdivider. In case any class of employees engaged in work under this Agreement at the site of the project is not protected under any Worker's Compensation Law, Subdivider shall provide, and shall cause each contractor and subcontractor to provide, adequate insurance for the protection of employees not otherwise protected. Subdivider shall indemnify City for any damage resulting to it from failure of either Subdivider or any contractor or subcontractor to take out or maintain such insurance. (b) Public Liabilitv and Prooertv Damage Insurance. Subdivider shall take out and maintain, during the life of this Agreement, such public liability and property damage insurance as shall insure City, its elective and appointive boards, commissions, officers, agents and employees, Subdivider and any contractor or subcontractor performing work covered by this Agreement from claims for 5 _~=ooo., . . 2005-356 000_ o. o , 0 00 00"_ '_0 - damages for personal injury, (as defined hereunder), including death, as well as from claims for property damage or product liability which may arise from Subdivider's or any contractor's or subcontractor's operations hereunder, whether such operations be by Subdivider or any contractor or subcontractor, or by anyone, including, without limitation, agents, employees or independent contractors, directly or indirectly employed by either Subdivider or any contractor or subcontractor, and the amounts of such insurance shall be as follows: (1) Public Liability Insurance. In an amount not less than One Million Dollars ($1,000,000.00) for injuries, including, but not limited to, death, to anyone person, and, subject to the same limit for each person, in an amount not less than One Million Dollars ($1,000,000.00) on account of anyone occurrence; Product Liability Insurance coverage should be part of the Public Liability Insurance; (2) Prooerty Damage Insurance. In an amount not less than One Million Dollars ($1,000,000.00) for damage to the property of each person on account of anyone occurrence. In the event that any of the aforesaid insurance policies provided for in this Paragraph 11 insures any entity, person, board or commission other than those mentioned in this paragraph, such policy shall contain a standard form of cross- liability endorsement, insuring on such policy City, its elective and appointive boards, commissions, officers, agents and employees, Subdivider and any contractor or subcontractor performing work covered by this Agreement. (3) Tail Coverage. Insurance coverage, albeit for public liability or property damage, shall be written, if possible, on an "occurrence" form rather than 6 __wee" . 'r ~ 2005-356 a "claims made" policy. If the insurance policy is written on a "claims made" policy, then additional coverage, entitled "tail coverage" must be purchased to cover a period of one (1) year from completion of the project. All subcontractors must and shall comply with the same insurance provisions as the contractor(s) and subdivider(s). (4) Personal Iniury - Defined. As used herein, the tenn "personal injury" shall be defined as a hurt or damage to one's person including, without limitation, damage to health, cuts, bruises, broken limbs and/or bones, or the like, disabilities or impairments, including aggravation of existing injuries, or invasion of personal rights, including libel or slander criminal conversation, malicious prosecution, false imprisonment and mental suffering. 12. Evidence of Insurance. Subdivider and contractor shall furnish City, concurrently with the execution hereof, with satisfactory evidence of the insurance required, and evidence that City is named and endorsed on the policy as an additional insured. Subdivider and contractor shall also provide City with evidence that each carrier will be required to give City at least ten (10) days prior written notice of the cancellation or reduction in coverage of any policy during the effective period of this Agreement. 13. Hold Harmless/Indemnification. Subdivider(s)/Developer(s) hereby agree to and shall protect, defend, indemnify and hold the City and its elective and appointive boards, commissions, officers, agents, employees and servants free and harmless from any and all liability losses, damages, claims, liens, demands and cause of action of every kind and character including, but not limited to, the amounts of judgments, penalties, interests, court costs, attomey'sIlegal fees, and all other expenses incurred by the City arising in favor on any party, 7 r-'''~~'~C''ry,~,C' '''''. ~ r~'-- " ,~ ~".- 2005-356 ~ including claims, liens, debts, demands for lost wages or compensation, personal injuries, including employees of the City, death or damages to property (including property of the City) and without limitation by enumeration, all other claims or demands of every character occurring or in any way incident to, in connection with or arising directly or indirectly, (including from the negligent performance by its officers, employees, agents) from the terms of this Agreement, whether such operations/incidents are caused by contractor, Subdivider or any of contractor/Subdivider's subcontractors, contractors or by anyone or more persons directly or indirectly employed by or acting as agent for contractor, Subdivider, or anyone of contractor or Subdivider's contractors or subcontractors. Subdivider/Developer shall investigate, handle, respond to, provide defense for and defend any such claims, demand, or suit at the sole expense of the Subdivider/Developer even if the claim or claims alleged are groundless, false or fraudulent. Subdivider agrees to, and shall, defend City, its appointive boards, commissions, officers, agents and employees from any suits or actions at law or in equity for damages caused, or alleged to have been caused, by reason of any of the aforesaid operations, provided as follows: (a) That City does not, and shall not, waive any rights against Subdivider which it may have by reason of the aforesaid hold harmless agreement, because of the acceptance by City, or by deposit with City by Subdivider, or any of the insurance policies described in Paragraph 11 hereof. (b) That the aforesaid hold harmless agreement by Subdivider shall apply to all damages and claims for damages of every kind .suffered, or alleged to have been suffered, by reason of any of the aforesaid operations referred to in this paragraph, regardless of whether or not City has prepared, supplied or approved of Plans and/or Specifications for the subdivision, or regardless of whether or not such insurance policies shall have been determined to be applicable to any of such 8 W-'"~.T' - . - > ". ~ 2005-356 damages or claims for damages. This provision is not intended to create any cause of action in favor of any third party against Subdivider/Developer or the City or to enlarge in any way the Subdivider's!Developer's liability but is intended solely to provide for indemnification of the City from liability for damage or injuries to third persons or property arising from Subdivider/Developer's performance hereunder. 14. Title to Imorovements. Title to, and ownership of, all improvements constructed hereunder by Subdivider shall vest absolutely in City, upon completion and acceptance of such improvements by City. 15. Reoair or Reconstruction of Defective Work. If, within a period of one year after final acceptance of the work performed under this Agreement, any structure or part of any structure furnished and/or installed or constructed, or caused to be installed or constructed by Subdivider, or any of the work done under this Agreement, fails to fulfill any of the requirements of this Agreement or the Specifications referred to herein, Subdivider shall, without delay and without any cost to City, repair or replace or reconstruct any defective or otherwise unsatisfactory part or parts of the work or structure. Should Subdivider fail to act promptly or in accordance with this requirement, or should the exigencies of the situation as determined by the City in the exercise of its sole discretion require repair, replacement or reconstruction before the Subdivider can be notified, City may, at its option, make the necessary repairs or replacements or perform the necessary work, and Subdivider shall pay to the City the actual cost of such repairs plus fifteen percent (15%). 16.: Subdivider Not Agent ofCitv. Neither Subdivider nor any of Subdivider's agents or contractors are, or shall be, considered to be agents of City in connection with the performance of Subdivider's obligations under this Agreement. 17 ~ Cost of Engineering and Insoection. Subdivider shall pay to City the costs of all 9 " '~""". """"'"7'''''''''?''''''I''~''''' ",' ~. 2005-356 permit fees for all engineering inspections and other services connected with the City in regard to the subdivision. Said fees shall be paid prior to commencing any construction. 18. Notice of Breach and Default. If Subdivider refuses or fails to obtain prosecution of the work, or any severable part thereof, with such diligence as will insure its completion within the time specified, or any extensions thereof, or fails to obtain completion of said work within such time, or if the Subdivider should be adjudged a bankrupt, or Subdivider should make a general assignment for the benefit of Subdivider's creditors, or if a receiver should be appointed in the event of Subdivider's insolvency, or if Subdivider, or any of Subdivider's contractors, subcontractors, agents or employees, should violate any of the provisions of this Agreement, City Engineer or City Council may serve written notice upon Subdivider and subdivider's surety of breach of this Agreement, or of any portion thereof, and default of Subdivider. 19. Breach of Agreement: Performance bv Surety or City. In the event of any such notice, Subdivider's surety shall have the duty to take over and complete the work and the improvement herein specified; provided, however, that it the surety, within five days after the serving upon of such notice of breach, does not give City written notice of its intention to take over the performance of the contract, and does not commence performance thereof within five days after notice to City of such election, City may take over the work and prosecute the same to completion, by contract or by any other method City may deem advisable, for the account and at the expense of Subdivider, and Subdivider's surety shall be liable to City for any excess cost or damages occasioned City thereby; and, in such event, City, without liability for so doing, may take possession of, and utilize in completing the work, such materials, appliances, plant and other property belonging to Subdivider as may be on the site of the work and necessary therefor. 20. Notices. All notices herein required shall be in writing, and delivered in person or 10 _~~'.'CTC 1=' . .,,~ 2005-356 sent by registered mail, postage prepaid. (a) Notices required to be given to City shall be addressed as follows: City Administrator City Hall 300 North "D" Street San Bernardino, California 92418 (b) Notices required to be given to Subdivider shall be addressed as follows: KB HOME Greater Los Angeles Inc. - Forward Planning Dept. 801 Corporate Center Drive, Suite 201 Pomona, CA 91768 (c) Notices required to be given to surety of Subdivider shall be addressed as follows: Aon Risk Services Inc. 707 Wilshire Boulevard, Suite 6000 Los Angeles, CA 90017 Provided that any party or the surety may change such address by notice in writing to the other party, and, thereafter, notices shall be addressed and transmitted to the new address. 21.. Successors Bound. This Agreement shall be binding upon and inure to the benefit of each of the parties and their respective legal representatives, successors, heirs and assigns. IN WITNESS WHEREOF, the parties hereto have executed this Agreement of the day and year first above written. B~', '1'~ ATTEST: 2e~ !.1. ~ Approved as to form and legal content: JAMES F. PENMAN, City Attorney, 11 ',='",-'~"-". ...... .."..c-".. .- "",,," ,"",""""fIiI " . 2005-356 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT State of California County of Los Angeles On August 30. 2005 before me, Sheri McInturff, Notary Public, personally appeared Stacey Sassaman, personally known to me to be the person whose name is subscribed to the within instrument and acknowledged to me that she executed the same in her authorized capacity, and that by her signature on the instrument the person, or entity upon behalf of which the person acted, executed the instrument, it. ..MCINMIFF CcII.IlI...... .1# ''''0 NGIary PubIc . Cc*amIa . . l.OI AngeIIt CcII.I1IV MwCamL", %7. WITNESS my hand and official seal, "~_'"'".o, ,,'~"CC" r' - -'-; " ""~ 2005-356 BOND NO.: 024022760 PREMIUM: $3,531.00 FMTHFULPERFORMANCEBOND SUBDIVISION KNOW ALL MEN BY THESE PRESENTS, That we, KB HOME Greater Los Angeles Inc., a California corporation., as Principal, and Liberty Mutual Insurance Company, as Surety, are held and finnly bound unto City of San Bernardino, as Obligee, in the sum of Seven Hundred Six Thousand One Hundred and 00/100 Dollars ($706,100.00), lawful money of the United States, for the payment of which sum well and truly to be made, we bind ourselves jointly and severally, finnly by these presents. THE CONDITION OF THE FOREGOING OBLIGATION IS S~at, Wher13S, said Principal has entered into a Subdivision Agreement with said Obligee, dated /t:} I del2> , in which said Principal agrees to construct improvements in Subdivision known as follows: Tract 14604 Belmont at Magnolia Heights Water, Storm Drainage, and Roadway Improvements and, as a condition of approving said Subdivision, the Principal is required to give a bond to guarantee completion of said improvements. NOW, THEREFORE, if the said Principal shall well and truly do and perfonn all the covenants and obligations of said agreement on its part to be done and perfonned at the time and in the manner specified therein, then this obligation shall be null and void; otherwise, it shall be and remain in full force and effect and, in addition, Surety agrees to pay reasonable attorneys' fees in the event that it becomes necessary to bring an action to enforce this bond. Signed and sealed on August 29, 2005 KB HOME Greater Los Angeles Inc. a oration Liberty Mutual Insurance Company By errin, Attorney-ln.}'act --. - r ~~-~ '--'''''''''''''''.'lI'f~~_''"'''''''' ~""~-''''''''''''-~_~~:r"'-'- ~-'~'F~ _~, 2005-356 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT State of California County of Los Angeles On August 30, 2005 before me, Sheri McInturff, Notary PubUc, personally appeared Stacey Sassaman, personally known to me to be the person whose name is subsCribed to the within instrument and acknowledged to me that she executed the same in her authorized capacity, and that by her signature on the instrument the person, or entity upon behalf of which the person acted, executed th,e instrument. WITNESS nw hand and officJal seal. ~ )t& ~ JJ.~ ~~l I Sheri McInwrff - - - ~~~-~~ ~ ~, ,_'~'.~,.u~~. dO-- -~~"ry~_.""ff"" . ,_un . ,.~~.- 2005-356 State of California County of Los Angeles On August 29. 2005 before me, Martha A. Gonzales. Notary Public. personally appeared Joyce Herrin personally known- to me (or proved to me on the basis of satisfactory evidence) to be the person{ s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity. upon behalf of which the person(s) acted, executed the instrument. WITNESS my hand and official seal. ~ '.' ~~~.""':"~~~'-8'~~~~,~::' "-~-~~~~~:~;-=1 .' I, ~ ,,' _ <;:i~~:i;:', ~ ~ '~~/ M.rth'~GOnzal". , " ,: . " - .... .~. ---, , -~ ',>;5 1\ .' ~~-~ ::-',~",,?1 ~_C"~%o.,, ~ ~"_ ,_c,. 2005-.356 THIS POWER Of: ATTORNEY 1$ NOT VALID UNLESSIT IS PRiNtED ON REDBACKQROllND. Th"PawerOfA~ney 1Irn1tetheactsof,thoaenam8dhereln,"and they hIVltno\alltllorlty to 'bind the Company except in tlte, manner ' al'idto the extent her,ln Qlted, ' ' LIBERTY MUTUAL INSURANCE cOMPANY BOSTON, MASSACHUSEtts POWl:R OF ATTORNEY KNOW ALL, PER$ONSBYTHESE PRESENTS: ,Ttlat Liberty Mutual ,Insurance Company (lhe'Company"), a Massachusell$ stOCk inSurance company, pursuant tc IlIld by alJthorityOf theBy~lawand AuthoriZation hereinafter set forth, dOeS hereby f'I!UTI8., constlMeanc:l 8PPQlnt E.S. ALBRECHT, JR., C;,,"'NAKAMU~~A L,....()RNTO~,MARIA ~ ~rAf'lAlI:DWARD C. SPECTOR, KD CONRAD, JOYCE HER.RJN, MICtfA&t.R. MA'fEIE~AL"'()FTHE(:rrvOF~()$~I:~.$TATE CALIFORNIA ~""".~ JI .. .._"...n".. .... ...... ~.-......."" ..~..~.~~ ~'i.. ... n ....~.~ ~"";'.~-~.. ...... "..~~-..~ .~,,~- ~..".."""""..,, JI';' ~-~'.~~:.'.."".. ..-.-~..:~_...""""""" ~~~'._;~~.~.. '."....." .~~~~ .;.-.~:~~_._. .....""'..."""..",, ...."""".. ... ~""" , each indivldually if there be _thSfl onell6li1)ed, its trUel!/ld lawful attorneY"in-factt()!ll$ke,eXllct.te,seaI, ~ge and deliver,fOr and on Its behaff as sure and as ItsElCl and~18!lY:liIid all u~rtaki!lgs, bonds, recognlzancesandother~r~ Obllgalion$lirthe penal sum not exceeding ONE H NDR ,MlLLIONAND , " l~""".".____ <OOLiAR$($100'OOO.OOO.OO....... ... . I each, and the execution of such under1!lklr1gs,bQnc:I$;~lzances ~()ther surety obllglilions, In pursuance:'Cif these presen~;ShaIl be. as blndlng upon the Company as if they had been duly sllJ~b)'tI1e pl'8$ldent~attested bytneSEICl'etary()flt\s Comjlany In their own properpel'$OllS. Thetthis power Is made and executedpiJ~ to and by authOrItyoftl1eloilawlng By-law and AuthOl'tzl:illon: ... ARTICLE Xlfl-Executionof C<lnlracts:Section 5. SuretYBQOdSIlnd Undertakings. Anyofficerofthe~yauthorlzed for that purpose In writing by the chairrnan or thepresident,andsubjectto such IImftalions as the . _ chalrrnan 01' the pl'$sldentmayprescribe, sh<lll appointsl,lCh attorneys-In-fact, as may be necessary to act III be/1aIfof the COmpany to make, ~ - execute, seai, acknOWledge and derIVer as surety any and all undertakings, bonds, recognizanCes and other surety Obllga1lons;.SUch 'U I:: atlQmeys-in-lact, subjliclto thellmftallons set forth in their respective powers of attomey, Shall have full. powertc bind the Company by their : I signature and execiJIlonOf any such instruments and to attach thereto the seal of the Company. When so executed such Instruments Shall be ! as blncllng as II signed by the pfllsldent and attested by the secretary. . . ! III I By the fOllowing Instrument the chairman or the president has ault10rfzed the officer or other official named lhereln to appoint allomeys-In-facl: .0 Ie Pursuantlo Article XIII, Section 5 Of the By-Laws, Gamet W. Elliott, AssistantSecretaryof LibertyMutuallnsUranceCompany, is herebyf .z l!! authorized to appoint such attorneys-Ill-fact as may be. necessary to act in. behafl of the Company to make, execute,. seal,acknowiedgs and s:: ~! deliver as surety any and all undertakfngs, bonds, recognizances and other surety obligations. j.! 5 J That the By-law and the Authorization set forth above are true copies thereof and are now in full force and effect. rf3 f ...!: IN WITNESS WHEREOF. this POwer ofAttomey has been subscribed by an authorized officer or olflclalof the Company and the corporate seato! ~1 ' ! ii Uberty Mutual Insurance Company has been affixed thereto in Plymouth Meeting, Pennsylvania thIs3rd . deyof Auoust . , = 6 !::1 .2005 . . C(Ci'J " .~~ ... .. 'ii 0'" , I ~ UBERTY MUTUAL INSURANCE COMPANY 11 . f: By!j0 4 At/. C7L~ .fi ~! COMMONWEALTH OF PENNSYLVANIA ss Gamet W. Efflott, AssIstant Secretary ;i! E l1li COUNTY OF MONTGOMERY '0 c : I On this ~ day of Auaust , .2QQQ., befOre me, a Notary Public, personally came Gamet W Elliott. to me known, and acknowledged ~I ~ -:. that he Is an Assistant SecrtlaJy of Liberty Mutual Insurance Company; that he knows the seal of $aid corporation; and that he executed the above ;g :.!l Power of Attorney and aftlxlld corporate _ of Uberty Mutual Insurance Compeny lhereto with the authority and at the direction of Said corporation. !: ~t#t!(J> . ......................... ........ . ....... . . ..... 'FlY pu~;;,., . .......................... ................< ....... ........... .' ... . . I, .lhe unders/gnelf, Asslslan . . . taryof iJberty MutlJallns~ CompanY,d9-herebV:certify that1l1,eoriglnal ~rot&lttomeY Of whiCh the lor~ing Is a full, true. ~c:ori'EIClcopy, ..Is In liJllf!j~ and effect on.ut8'dl\fll Ofthise!!l'llficate; ar1(jf!fo ful'ttKltCltl'tilyltllittb&.Ollicer orolllcial whOexeculed the Said power of attorney i$an A$slstarltStiCietaryspecJallyauthoriZedbYt1:i8 chalrrnan ot1h8 preSld8i1tfl>.IJj)fiOiOtatlc)meys.ln-fact as provided 11'1 AI1fcle X/If.~50flt1eBy-lawsofLlbertyMutuallnSUran(leCornpany.. . . . . ... - - - ThiSc9rtifi<:atellndtheabovepow'er of allomeYfnllyb$Slgned by laCs,,"Ue or mechaniCallyreprcxlucedslllnatlJreSunder and by authority of the foOowingvote Of the tioardOf dfr~~ of Uberty MlJtuai Insurance Company at a me$1lng duly called and held on the 12thday Of March,1980; VOTED that thefacsfmUe or. ~hanfcally . reproduced. slgnatlJre. ofanyasslslant secre~ry of. the company, wherever. appe8J'ing upon a certified copy of any-powerOfattorneyilisUedbythecompany in connection with surety bonds, shaD. be valid and blncllng upon the company with the same fQ~ and effect 8$thougtnl1anually affixed. . . .. ... . . ... 29th day of ",c."" . 2005-356 BOND NO.: 024022760 PREMIUM: Included in the Performance Bond LABOR AND MATERIAL BOND SUBDIVISION KNOW ALL MEN BY THESE PRESENTS, That we, KB HOME Greater Los Angeles Inc., a California corporation., as Principal, and Liberty Mntual Insurance Company, as Surety, are held and firmly bound unto City of San Bernardino, as Obligee, in the sum of Three Hundred Fifty Three Thousand Fifty and 00/100 Dollan (5353,050.00), lawful money of the United States, for the payment of which sum well and truly to be made, we bind ourselves jointly and severally, finnly by these presents. THE CONDITION OF THE FOREGOING OBLIGATION IS ~at, Whereas, said Principal has entered into a Subdivision Agreement with said Obligee, dated Jq I Jeo)' , in which said Principal agrees to construct improvements in Subdivision known as follows: Tract 14604 Belmont at Magnolia Heights Water, Storm Drainage, and Roadway Improvements and, as a condition of approving said Subdivision, the Principal is required to give a bond to guarantee completion of said improvements. NOW, THEREFORE, if the said Principal or any contractor or subcontractor fails to pay for any materials, provisions, or rented equipment used in, upon, or for or about the construction of the public improvements or perfonnance of the work to be done, or for any work or labor done of any kind, in or on such improvements, said Surety will pay the same in an amount not exceeding the sum set forth above and, in addition, the Surety agrees to pay reasonable attorneys' fees in the event that it becomes necessary to bring an action to enforce this bond. This bond shall inure to the benefit of the contractor, his subcontractors, and to persons renting equipment or furnishing labor or materials to them for the improvements. Signed and sealed on August 298, 2005. N D ARC PLANNING Liberty Mutual Insurance Company By .~.~ ."........,~~"'~,....... . . > ,< . ..~.< 2005-356 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT State of California County of Los Angeles On August 30. 2005 before me, Sheri Mcinturff. Notary Public. personally appeared Stacey Sassaman. personally known to me to be the person whose name is subscribed to the within instrument and acknowledged to me that she executed the same in her authorized capacity, and that by her signature on the instrument the person, or entity upon behalf of which the person acted, executed ~e instrument. WITNESS my hand and official seal. ~~~ ... iitlmJRfF fa C\;,o.JI\IIIItln# 159112S Nl*IlYPubIC.~ - ",,~CO&nY . uwc:amn. IllPRIAuO 27. l ~~'" c" Co c~c Cco" C CH,",~~, L,'c"cc ~-;::~' cc~ c, 'c"' ~' ' C'c' C , F' c,c 'cc,~ Cc,C""~'" "~'c'm"",,,,,w- 2005-356 State of California County of Los Angeles On August 29. 2005 before me, Martha A. Gonzales, Notary Public, personally appeared Joyce Herrin personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and aCknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. WITNESS my hand and official seal. t~':.~..~:.c: ,"~,,~"";:;,~~~~ r ; . ..~L.""hl_,, ell '-' ~,,'.: ,,' """ , . :;::- . ~;"~;'i l\ .,.,.".; :::;~:~:""..i /J}!~~ MarthaA.Gonzales ".,: t, . ,. . ~ ~'.' r~ "",.', ~ ""~"', " ", ",,-,- 2005-356 ' THIS POWER OF ATTORNEY IS NOT VAUD UNLESS IT IS PRINTlD9N RED BACKGROUND. ' ThltPowerof Attorney IIml.. thtilict8 of thoee named herein, and they heYeno authority to bind the Company except In the manner and to the extent herein atllt8cl. ' , 1791917 LIBERTY MUTUAJ.;INSURANCE COMPANY BOSTON,MASSACHUSETTS POWER OF ATTORNEY KNOW ALL peRSONS By THESE PRESENTS: That Uberty Mu~ Insurance Company (the 'Company'), a Massachuseltsstock Insurance company, llU,suantto and by aUlhorttyof th$. By-law and Authorization hereinafter setforth, does hereby name, COIlIl\l\Ule andapllOlnt .' E.S:ALBRECtiT, "'R.,~~~UR~~AL.TI:'~NTO"',MARIAPENA,,MAIlIt4AT~~ARD C, SPECTOR, KD CONRAD,JOVCE~IN,MlC~R.MA'fI:t~AtI.()FTHE..~ OFJ.,Q$N;,~,STATE CAUFORNIA ........-.... ....... .. Ii. ..-.. ........ ... ..-~~i~~.~'~ Ii..... ".... .~~~:':~..~-~~. -,"II' -.. ...~ ~'-._; ~',,-.'~.. ........ -!i .-.-.. ~~~ ....... ...~ '-~''''~'''~';.''... ...~ .~-~-~:.'......... ......~:.-~i~.:-..~.~.. ........... ..'.... .'................ , each 1~v!dUal1y if there be mcir.1lt8l'l one~; Its true and lawful atlom:'y-irHact ~!l1llke, exe<:ute' saaI, acIcrliiwIedge 8tld deliver, for lUld on its beha/fas. sure. tv. 8tld.. as ',Its. act,.'.. arid. ..' '.'.dHd._..;; ..l:I..'.Il!lY..... ......8Fld........ all. Undo e... t1ak ....'. .Ings,'.bonds... .' reco. '. .,.9"... ,lzances....,.....JiIld,.,. other. '.',.sur. ,., ~.obI, 1.9l!.~ lionS" '."""',"'.IlI.,'.. ,tho e. penal.... SUo m.not..eXCeedlng ONE HUNDRED MlLUONAN~wn~u""..",_..",. .. . . .... .... 'DOLLAAS($ 100JlOO.OOO.~:" I nch, end the execution of Slich underteklngs,llOlld$' ~zances and other surety obligaliOns, III IlWsuance l)fthese pt8sentii,lihall be as binding upon the Compeny eslt they h8d been duty ~~f!(l~ythe presldentand attested by thil secretaJyofihJ Company in their ownllrGl)!lr persons. That this power ls made end executedpursu8rrt to 8tld by authority of the follOWing By-laW.and AuthorIZation: ARTICLE XIII , ExecutlOllof c9ntracts: Section .5. Sur~tyBorid~lll1d Undertakings. Any officer of theCOrnPa/ly authOrized for that purpose In WrIting by the chalnnan or the president, end subject to Slich IIrn1tetions as the chalnnanor the president meypi'escrlbe, shall allpolnfsUCh attomey&;-In-fact, as mey be necessary to act In behalf of th$ COrnPa/lyto make, execut.., Seal, acknOwledge 8tld denver as surety eny end all undertakings, bonds;recogn~ 8tldother SllI'tty'abllgatlons. Such I attomeys-In,fact,SUbj8ctto the limitations set .forth .Inthelr respective powers of attomey,' shall have full power 10 bind the Company by their signatlJreanc:texecutlon ofeny such Instruments and to attach thereto the seal of the Company. When so executed such Instruments shall be "'. u_"'..._"'............_ by"""""". ~ I By the following Instrument thechainnan or the president has authorized the officer or other official named therein to appointattomeys-In-fact: .11: Pursuant to Article XIII, Section 5 of the By-Laws, Gamet W..Elllott,Assistant Secretery of Liberty Mutua/Insurance Company, Is hereby .z l! authorized to appOInt Slich attorneys-In-fact as may be necessery to act In behalf of the Compeny to make, execute, seal, acknowledge 8tld I I! .. delIver as surety any 8tld all undertakings, bonds, recognizances and other surety obligations. ! ~ ~.! That the By-law and the Authorization set forth above are true copies thereof and are now in full force 8tld effect. t~ jO.l INWITNESS WHER. EOF., this Power of Attomey h~ been su.bscrlbed by. '.an authorized officer or offIclaiofthe.Company8tld the. corporate seal of ~ I -!I' Liberty Mutual Insurance Company hes been affixed thereto in Plymouth Meeting, Pennsylvenia thIs . 3rd day of Auaust . , == c 2005 c( co s:s! o~ 1 ~ UBERTY MUTUAL INSURANCE COMPANY 11 f: Bytj).-sr/A/. C/L~ ~! C !Gamet W. Elliott, Assistant SecretaJy .!! c ri.. COMMONWEALTH OF pr;:NNSYLVANIA ss = ~ liCOUNTYOFMONTGOMr;:RY .... . .. . . . .. . o~ t:.c .On. th.'S...arsL... .... da...... .Y. of ..Au. .ou.st.. .... .......... .,.2QQ5.. ,be. fore me, a. N... 0.. te. ry..Pub. IIC.., perso.. '. .nal.. .Iy. came. G.e me.' W. 10111911.. to. me.known,.and..... acknowledg.ed ~I 1-:. that he Is en AssIstant Secr~ofLlberty MutlJallnsurance Company; that he knows the88alofSald corporallon;andthat he executed the above ;g 01: ....! Power of Att0/'n8yand affixed CQipOrateseal 01 L1ber1yMutuallnsurance Company thereto WiIh the authority end at the direction of sald corporation. : 1 O. .... > .. ~. .. .... . . .... . . . . . c i ~ IN TESTIMONYWH .. ... ... unto subscribed my ~eend.afllxed my notari~ ~eal at P!yrooutIl~eetlng, Pennsylvania, on the day and year 5 ~ l.ifirst above written. .47 O~Q~IN..i~.'.....".,,);, <~. .............~......... .... ..... "'.". tii.>()F..' ".Pe. >v.. ......................'.'.........'...~. ....'..............................................................'........ II.....................'.....'..'. .... . .... ..... '. E.~ of ... c" of: 'So . .... T"'=~~ . ............ .............. ~ :egj zG ~llii>.~CooiitVBy . ...... .... ... . ...... . OQ . ........:...~. ~~~Mor.~~ '..Ter. ~asteila, Notery PuilNc . u Cfi ~.. . ~~~.*" lIomlIOt.~_ot~ {!.... .'."'Rv~i: ... ............................. .> ...................... ......................... . ....... I, the llIldersigned, AsslBtan.. ... retaryof~rty Mutuallnsl!fiin~ Compa1iy, do hereby certify thatltlj original PQweri)f attorney of WIllen the foregoing Is a full, true 8tldcorrect copy, is. In fV"fO~ and effect on~dlltfJQflt1lsll!trtiflcete; liIIlCIldo furthlir '(ieltify.. tl)8tth$OffIcer or ..()ffIcfaJ..WhO executed the saldpower of altomeyls -" AssIstant SflC'retery spedalfyllii1hOiitlidbYtne chairman orthilpresidEintf!)apjioiritattomeys-ln-factas provided In Article XIII. Section 5 olthe BY-laws of UbertyMutual1nsuranc..ComI>lll'lY. .. ... .. This certifi!:ate. and the,' abovepoYierotattomey may be signed' by laeslmlleormechan~llyreprodUCed. s1gnatlJres ul'lcfer. aild by authority of the following vote of the bOard of directoi:s ofUbflrty MutUalllIsurance Company eta rneetingduly celled and held on the 1~. day of Marcl'l. 1980. VQTr;:l)thIltthe facsiniile or mechanlcelly reproduCed s1gnatlJre Of any assistant secreteryOf lf1e company, Wherever' appearing upon a certified copy ~f arlY powerol attorney issuad by the company Inconnectlon with surely bonc:ls' shall be valid and bindlllg uPOl'l.the company with th.. sem&"force ~effect astho\lgh manuallY atfiXed.. . .. . 29th day of '" r' .~-_.__.-.-,,"h"~~r"~'''''''''''tl~?fJ!?''.C'' -~-.-.' :<''"'--'"''~''t'~""$'",,,.;,,",,,-,",,,",''' > -'< > > " r'>"--"--~~ 2005-356 Liberty Mutual Surety Bond Number 024022760 NOTICE FROM SURETY REQUIRED BY TERRORISM RISK INSURANCE ACT OF 2002 In accordance with the Terrorism Risk Insurance Act of 2002 (referred to hereinafter as the -Act"), this disclosure notice Is provided for surety bonds on which one or more of the follOWIng companies Is the Issuing surety: liberty Mutual Insurance Company; liberty Mutual Fire Insurance Company; LM Insurance Corporation; The First Liberty Insurance Corporation; liberty Insurance Corporation; Employers Insurance Company of Wausau (fonnerfy -EMPLOYERS INSURANCE OF WAUSAU A Mutual Company-); Peerfess Insurance Company; and any other company that Is a part of or added to the Liberty Mutual Group for which surety business Is underWrItten by liberty Mutual Surety (referred to collectively hereinafter as the -'SSUing Sureties.). NOTICE FORMS PART OF BOND this notice fonns part of surety bonds Issued by anyone or more of the Issuing Suret~s. . OISCLOSlIRE OF PREMIUM The premium attributable to any bond coverage for -acts of terrorlsmB as defined In Section 102(1) of the Act Is Zero Dollars ($0.00). DISCLOSURE OF FEDERAL PARTICIPATION IN PAYMENT OF TERRORISM LOSSES The United States WIll reimburse the Issuing Sureties for ninety percent (90%) of any covered losses from terrorist acts certJfied under the Act exceeding the applicable surety deductible. LMIC-6539 11/15/04 -,-.-~ ' -. 2005-356 BOND NO.: 024023100 PREMIUM: $100.00 FAITHFUL PERFORMANCE BOND SUBDMSION KNOW ALL MEN BY THESE PRESENTS, That we, KB HOME Greater Los Angeles Inc., a California corporation., as Principal, and Liberty Mutual Insurance Company, as Surety, are held and firmly bound unto City of San Bernardino, as Obligee, in the sum of Eighteen Thousand Eight Hundred and 00/100 Dollars ($18,800.00), lawful money of the United States, for the payment of which sum well and truly to be made, we bind ourselves jointly and severally, firmly by these presents. THE CONDITION OF THE FOREGOING OBLIGATION IS SUCH, That, Whereas, said Principal has entered into a Subdivision Agreement with said Obligee, dated IJd:IW.v l~ l ~ . in which said Principal agrees to construct improvements in Subdivision known as follows: Tract 14604 Belmont at Magnolia Heights Monumentation Improvement and, as a condition of approving said Subdivision, the Principal is required to give a bond to guarantee completion of said improvements. NOW, THEREFORE, if the said Principal shall well and truly do and perform all the covenants and obligations of said agreement on its part to be done and performed at the time and in the manner specified therein, then this obligation shall be null and void; otherwise, it shall be and remain in full force and effect and, in addition, Surety agrees to pay reasonable attorneys' fees in the event that it becomes necessary to bring an action to enforce this bond. Signed and sealed on August 29, 2005 KB HOME Greater Los Angeles Inc. a Corporation rty Mutual Insurance Company By ~'~'-""'~"TR',""", -~" 2005-356 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT State of California County of Los Angeles On August 30. 2005 before me. Sheri McInturff. Notary Public. personally appeared Stacey Sassaman. personally known to me to be the person whose name is subscribed to the within instrument and acknowledged to me that she executed the same in her authorized capacity. and that by her signature on the instrument the person. or entity upon behalf of which the person acted. executed the instrument. WITNESSmyhandandofficta1seaL ~ ~1l-1... -, / I Sheri McInturff ~ it. eom.~=123 Naay NIle . CalIIomIa I lee AngeIea Cccnv -Camm.--'Aug27. > .. ~" ~>~ 7?-''''"'-''. " ,,'~'<'" 2005-356 State of California County of Los Angeles On AU2ust 29. 2005 before me, Martha A. Gonzales, Notary Public, personally appeared Joyce Herrin personally known- to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. WITNESS my hand and official seal. ...... '"'. .,--~,~._.......---,...~...-,:.",;:w.r...".,,,,,,::,,,;~":,~,,,,,~ .-''''''" ._,",>'<_.' ."",:::~ 1/ ~- i.. -'T, i:('.~~~;-~,~. ; ""-."",< Ui 'I-::.!;,/ .$. /7)z~~ MarthaA.Gonzales / .' . .\,. ::. c,'05 1 .~ <;';"_~:_\':", .I':..,..__;;,._4_'::<><:'':'~~' :,"~,<;..;.:...~.:~7t::~..::",:.~., -,- . . ..", ., . TV'.,~."-.'.T.. ,.T.... _~"., _~-:.""'<'!':_"9<'__<c^-~=.., 2005-356 THIS POWER OF ATTORNEY IS NOT VALID UNLESS IT IS PRINTED ON RED BACKGROUND. This Pow.rot Attorney 'knlw the acts oUho~n8medhereln,and they heveno allthOFltyto bind th.compeny except In the menn.r and to the .xtent herein_led. . . 1791914 LIBERTY MUTUAL 'NSUIWICECOMPANY BOS'rONjMASSACHU$ETTs POWER Of: ATTO.FlNEY " -"'" ,-- .. --', - - ..,. ,each imfIvidUllilylf therebe'lllQre.lti8n one~, its t~iI!'id'lawful attorn8y.Io'fect.tortT~e, ex~, seat.~eand.deliver, for and on its behalf as surelY. . and.. as. Its.. '.al:l. arid. .....deed...~... '.' ..~. . ....and......~.~. [I..~. E. ......ngs.. ,bondS., rEIC:OjlI!.. ....Iianc8s. ..........w......... o. theI'. . ....$Ut. . ..... ~...obIIllalIori8. . ........ ...]t1......th8penal sum. . not exceeding ONE HUNDRED MILUONAND ~ .... .' .... . ". . DOLLARS ($ 100.000.000.00...*:'. I each, and the executlonof SUChuriderlaklnQll'IlorId8'l'llC<!Qnlzances 8/ld.other surety ()/;)llgailOns, Iilpii~()fthsse preS8l:ltS,ShaJI be as binding upon the Company as if they had Ileen. dUly sig~tjythe president$nllatt8Sted by th8seCietary C)flhe Comj:Jallyln their own jlroper persons. J .. o t. .-: I By the following Instrument the chelrman or the president has authorized the offlcer.or other official named therein to appoint attomeys-in-faCl: .Ii Pursuant to Article XIII, $ectJon5 of the By-Laws, Gamet W.Elilott, Assistant Secretary of Uberty MutUal Insurence Company, is hereby J ~ authorized to appoint such attomeys-In-feet as may be neceSS8ry to act in behalf of ths Company to make, execute, seal, acknowledge and i'! deliver as surety any and all undertakings, bonds, recognlzences and Other surety ObRgations. ~ ~.! That the By-law and the Authorization setforth above are true copies thereof and are now in fullforce and effect. i 0- .'. . c I... '. ~ IN WI.TNESS WHEREOF, this Power of .Attomey. has bee. nsubSCrlbed by ana. uthorlZ.ed offic. eror OfficlaJOf. the e Com~and the corporate seal of C ii Liberty Mutuallnsunu1Ce Company has been affixed theretoin Plymouth Meeting, Pennsylvania this 3rd day of Auaust , ;: :s 2005 <II .~ ~ I.i UBERTY MUTUAL INSURANCe COMPANY I i; Bye. .4y~ .'~:4. ~ C:I! Garnet W. Elliott, Assistan! Secretary :i: !.-; COMMONWEALTH OF PENNSYLVANIA ss '::0 - COUNTY OF MONTGOMERY .fj Onthis..3al.-.. day of . AuclIst . ..,~, beforeme, a Notary Publlc,personaJlyCllmfl Gamet W Elliott to me known, and acknowledged ~ a-:. that he Is an Assistant secr~Of Uberty Mutual Insurance Coo\pl!r)y; that hekl1OW$the seat of. said .CXll'PQr8llon;and that he eJCBc:uted ths above ;g ..II Power of Attomey and affIxedths c:orporlIteseat of UbElrty MuluaI,nsurenceCOl'I!Pfmy thereto WIth ths authority and at thedlrectkln of said corporation. ~ ;! 'IN TESTIMO~Y WH e.. .' unto St.l~ribed fOY nlUTle.iII1<1l1fflxEldfOY notarlillSllal at PI~~t1ng,Pennsylvanla,on the day and year .s ig first above wntten. $ o~O"'~~~",<('i ..:i'tiOf:~ii~<>iJi.... E H .,," 0;\$" ... g~~c)~~ 1 ..........~~<>I~ ~ ",- ,- ".--.-- '-'" '-'. ,'--," .- , - '.- " -.- -- -.' -- - . . . '. . ARtiCLE Xiii -. Execution of cOOtraCts: Section 5, Surety BondSiInd Undertaklngs. My officer of theCOnlpanyauthoriZed. for that pUrpose In. writing by !he~rman or ths president. and subject to SUCh limitations' as the chairman or tha presiden!mey prescribe. shall appoint SUCh attomeys4n-fact, as may be necessary to act In behalf Of the. Company to make, execute; seat. acki'IoWIedge and dallYer as surety.anyWall uridattakings.bonds,recognlz8nces and Qthsrsurety obligations. Such attomeys-lf1Cfact. subject to the limitations setforthinthalr respectfve powers of altomey, shall have full Jl(lW8r toblndthsCOmpanyby their signature and execution of any such Instruments and to atlach thereto the seal of the Company. When. 80 execUted such Instruments shall be as binding as ifslgned by the president and attested by !he secretary. -. 2005-356 liberty Mutual Surety Bond Number 024023100 NOTICE FROM SURETY REQUIRED BY TERRORISM RISK INSURANCE ACT OF 2002 In accordance with the Terrorism Risk Insurance Act of 2002 (referred to hereinafter as the -Act"), this disclosure notice Is provided for surety bonds on which one or more of the following companies Is the issuing surety: liberty Mutual Insurance Company; Uberty Mutual Fire Insurance Company; LM Insurance Corporation; The First LIberty Insurance Corporation; Uberty Insurance Corporation; Employers Insurance Company of Wausau (fonnerfy -EMPLOYERS INSURANCE OF WAUSAU A Mutual CompanY'); Peerfess Insurance Company; and any other company that Is a part of or added to the LIberty Mutual Group for which surety business Is underWrItten by liberty Mutual Surety (referred to collectively hereinafter as the -'SSUing Sureties.). NOTICE FORMS PART OF BOND This notice fonns part of surety bonds issued by anyone or more of the Issuing Sureties. . DISCLOSURE OF PREMIUM The premium attributable to any bond coverage for "acts of terrorism" as defined In Section 102(1) of the Act Is Zero Dollars ($0.00). DISCLOSURE OF FEDERAL PARTICIPATION IN PAYMENT OF TERRORISM LOSSES The United States will reimburse the Issuing Sureties for ninety percent (90%) of any covered losses from terrorist acts certified under the Act exceeding the applicable surety deductible. LMIC-6539 11115104 ~ "OF ^ ^~- 2005-356 BOND NO.: 024023099 PREMIUM: $989.00 FAITHFUL PERFORMANCE BOND SUBDMSION KNOW ALL MEN BY THESE PRESENTS, That we, KB HOME Greater Los Angeles Inc., a California corporation., as Principal, and Liberty Mutual Insurance Company, as Surety, are held and firmly bound unto City of San Bernardino, as Obligee, in the sum of One Hundred Ninety Seven Thousand Eight Hundred Two and 00/100 Dollan ($197,802.00), lawful money of the United States, for the payment of which sum well and truly to be made, we bind ourselves jointly and severally, firmly by these presents. THE CONDITION OF THE FOREGOING OBLIGATION IS SUCH, That, Whereas, said Principal has ^ entered into a Subdivision Agreement with said Obligee, dated ~ /1/ ~os- . in which said Principal agrees to construct improvements in Subdivision known as follows: Tract 14604 Belmont at Magnolia Heights Grading Improvement and, as a condition of approving said Subdivision, the Principal is required to give a bond to guarantee completion of said improvements. NOW, THEREFORE, if the said Principal shall well and truly do and perform all the covenants and obligations of said agreement on its part to be done and performed at the time and in the manner specified therein, then this obligation shall be null and void; otherwise, it shall be and remain in full force and effect and, in addition, Surety agrees to pay reasonable attorneys' fees in the event that it becomes necessary to bring an action to enforce this bond. I Signed and sealed on August 29, 2005 KB HOME Greater Los Angeles Inc. a la^c rporation SSAMAN DIRECTOR.FORWARD PlANNING Lib rty Mutual Insurance Company By 2005-356 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT State of California County of Los Angeles On August 30. 2005 before me. Sheri Mcinturff, Notaxy Public. personally appeared Stacey Sassaman. personally known to me to be the person whose name is subscribed to the within instrument and acknowledged to me that she executed the same in her authorized capacity. and that by her signature on the instrument the person, or entity upon behalf of which the person acted, executed the instrument. WITNESS my hand and official seal. ~ 'rJu ~ Sheri McInturff _ ..MClNMFF ....... .. COI\.NIiIoI..159112S . Naby NIIIC . CCIIIfolna laIAngIleI ~ . 1Ifeanm.....AugZ7. ~ ,.".P~ ,. ~~.~ ,,~w~ "w,p,"w~''''~'''~'~''''~'.'~>>''-T 2005-356 State of California County of Los Angeles On August 29, 2005 before me, Martha A. Gonzales, Notary Public, personally appeared Joyce Herrin personally known to me (or proved to me on the basis of satisfactory evidence) to be the person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. WITNESS my hand and official seal. "" '..~ ":;.Jus ,-:. ~..<.... .... .::\J " ..-,^'''::'; ~7';':~. ~ /??2M4'1A.A Martha A. Gonzales . .. ~.~. .~..~.. "~:""';~.:::~',7::'~~~"?~;;s~1 " ":,1.,-, ':-:;,l'ol~"",\l,,:,~~., :u ..~.,.: ,::.1l'2'h.n,,,, co ".~' : i.lL" Y .... '. "!-._-;_",,~.'-r.""'C_~'C~ri- -,- - - -~," -~-c .,--- 2005-356 1791915 THIS POWER OF ATTORNEYIS,.OT VALI[) UN!.ESS IT IS PRINTED ON RED BAC~QROUND. Thl. Power OfAttOrn~ IImltathe Kta Of. those named hllreln,.and.tMy MyenO autIlot~ -to bind the Company excil!pt In the manner and. to the extent herein atatad. - LIBERTY MUTUAL INSURANCE COMPANY BOSTON, MASSACHUSETTS POWER OF ATTORNEY KNOW ALL PERSONS BY THE$E PRESENTS: ThaI liberty MuJu& Insull;il1Ce Company (lhe 'Company"). a MassacI1usells stock Insurance company, PUI8UlII)t tolll)d by8l.ltholityOf !he BY-lawandAuthorlzallorl hereinafter sel forth, doelI hereby name, COI18Iltute 'BOd. 8ppolnt E.S.Al.SAEctIT,JR., C.l(.;.NAKAMUfIA,:USA L1lfORNT()N.MARIAPef.lA,MARlNAT~;SDWAADC.SPECTOR. KDCONRAD,JOYcE..~~.~R..~~ALLpFTHEc:rrr.Or:~()$~.~S;$TAn: CALIFORNIA t . . ! .; :I By the following InslrUmenl the chairman or the presldenl has authorized theofflcer or other offlclal named therein to appoint atlomeys-In-fact: .a . . ~ PUl'JIUlIntto ArtIc:leXIII. Section Sof the By-Laws. Gamet w. Elllotl.As$istant SecreteryOfUberty MUll.lallnsurance Cornpany, Is hereby i authorized to appoint such attorneys-In-fact as ~y be necessary to act in behalf of.the Company to make. execute, seal. acknowledge llI1d c ~ I dellverassunity any llI1d all undertakings. bonds. recognizances and olhersurety obligations. j:. ; ~ That the By-law and the Authorization sel forth above we lrUe copies thereof llI1d are now In full force and effect. .. .' lfa ; ',' J IN WiTNESS WHEREOF; this Power of Attomey has been subscribed by an authorized officer or official of the Company and the corporate seal Of .;S & r .iiUbertyMuJuaIlnsuranceCompanyhasbeanafflxedtheretolnPIyrnouthMeeting.PennsytvaniathisSrd . dayof. Auaust. . "=0 I :I 2005CC (i) ;:2 . 0" ' i ! LIBERTY MUTUAL INSURANCE COMPANY _ l! 1 .~ ~. io /"l. . A 0 E 'v 8y/.- 4~"rt;7'L~ Doll !. Gamet W. Elliott, Assistant Secretery .!2 8 ii. COM..' M..O NW....EAL.... tH.o. .F. p. E..N.NSYlV. ANIAss =. .... Pe COUNTY OF MONTGOMERY 001 ~.IOn.thiS...'~.". '.<fa. YOf. '.. Au.' ..!'/u......st.. '. '" ...... . ....~.. . . . before. me. .... '. aN.otery. Pub. lie. ,personaJ.. . .' Iy..came..... Ga... .f!1.. el.w.....E.1II0.tt .... to me.. known.., .. ~. and.. .... ecknowt.... .... ed. gild., .~. i ~ -:. that he Is an AssIstant ~. OfUberJy Mutu&1nSu1l;ll1Ce Company; thaI hel\nOwsthe seal Of saidcorporetioi1; and thatheellecuted .the .above i! :.sPower Of Attorney andafllxed theCOQl<1rat& seal of liberty MlJIu8Ilnsurance. Company thereto with lhe. aUthority and al the direction Of.said C(lrpOretlon'J J '11 .... .... .'. ..' . .' . ..' _ '.' . .... _ 0 !...=- IN TEST.I MONY WH....... . '.' '. W;....... .., . \JntoS~~~bedmy~am. _.... "~. and....._. :....:~....._ed._.. my. noterlal,~,:"",,:.,.'..lJ...... e. aI at p.IyrTlOUth.....::......_........ _...:...._.........._..........M _:.e... e.1irI....g............_._....p..e.....n.nsyIv.. ania. onlhe day and year ~ ;.. !~ '''--tr,'s\ .... ..=.:-'<"",,ii~~ ~j · ~ ~~.(>..:.i!.'15.~ ......:;,"""" '-'..... j ~ ..:~RV~:<J' : . ............ . .... .... .>..... .......... . I, the uIldalSlgned.AssiStan... .' . teryOfUberty MlJIu8Il~\Ji8nce~ny;dQhereby.cEll'llfythat~~rlglnaJpoWetoiattorneyOfwhichthe foregoing Isa. full. true andcorrllct copy,ls In fuli}(l~ai1deffect ()I1~da.Of~:cerlifk:ale;8I:1itI!lO furlherCertlfY:tl1iRl!i.~ or.offlclaJ' who executed the said ~r.Ofattomey is an Asslstant ~tery $pel:laJIY authOi'jzectby~chairman otthe.presldeiifl()~atkimeys-in-facI as.~In.Artic:le XIII. S8CtIon 50flhe By4aws ofUberJy MutIJallnsurance Company. .. '. . ThiScertlfic8Je8ndtheabove power ofattomey rnaYbe$igned by ~cslmlleorll18Cl'lanlcally feprodlJclld ~JuresUllderand by authority Of lhe following 'V()Je Of the. board of dir~:~Of Uberty MutuaJ InsurenceCompany at a meeting dulyc:aJ1ed and held onlhe 12th day Of March, 1980. .. VOTED lhet thefacslmiieorrnecllaOically repro<fucedsignatIJraof anyasslstenl Secretery of thecornpany.whereverappeari~ upon a certified copy Of any ~rOf attorney Issued by the cOmpany In.conn8Ctlon with suretybondsi shall be velld and lIindlnguponlhe ~y wllhthesarne force llI)deffec! aSthOOgh manUallyafflxed. .. . ... . '. . . '. 29th ~ ~ ~~~o ~ Oo~ o,O~oOo~" ~C" ~ 2005-356 liberty Mutual Surety Bond Number 024023099 NOTICE FROM SURETY REQUIRED BY TERRORISM RISK INSURANCE ACT OF 2002 In accordance with the Terrorism Risk Insurance Act of 2002 (referred to hereinafter as the "Act"), this disclosure notice Is provided for surety bonds on which one or more of the following companies Is the issuing surety: LIberty Mutual Insurance Company; LIberty Mutual Fire Insurance Company; LM Insurance Corporation; The First Liberty Insurance Corporation; Uberty Insurance Corporation; Employers Insurance Company of Wausau (fonnerly "EMPLOYERS INSURANCE OF WAUSAU A Mutual Company-); Peer1ess Insurance Company; and any other company that Is a part of or added to the Liberty Mutual Group for which surety business Is underWrItten by Liberty Mutual Surety (referred to collectively hereinafter as the "Issuing Sureties"). NOTICE FORMS PART OF BOND This notice forms part of surety bonds Issued by anyone or more of the Issuing Sur~~s. 0 DISCLOSlIRe OF PREMIUM The premium attributable to any bond coverage for "acts of terrorism" as defined In Section 102(1) of the Act Is Zero Dollars ($0.00). DISCLOSURE OF FEDERAL PARTICIPATION IN PAYMENT OF TERRORISM LOSSES The United States will reimburse the Issuing Sureties for ninety percent (90%) of any covered losses from terrorist acts certified under the Act exceeding the applicable surety deductible. L~C-6539 11115104 , ,89/~/2885 14: 38 2005-356. 9898821141 ~. I<B HJME lti..AND ,.. ., "". .. I '1XN'""'''i''---c~ PAGE 02 ~..... CERTIFICATE OF INSURANCE D6DClMIlIl/'fV) W3OI2CIOlI PIlIClIlUC!R A/1II RIIk .......... lNI. of SauIIlMI c.IIoI'IlIIl 1101 UIIn SIneI. SId "Illor IN. CA ..,. Tel No. 1M) 8lII:f3llD "S\IIED 'nllCl!lmfICATlIS __Al"....~ ClI'IIlI'QIIMA'IICIlI ~\' ANDCOIIII1lS NO I'1QIfTS UPGIIltII Cl!lmfllCAtt HOLDIIt TIll CIiIlTI'IOAK DOIll NOT ,...." ElCTIIlD OttALTIII 1HE CCMIIWII! AmIIlDID .., 1III.ouclIit..... INSURERS AFFORDING COVI!RAGI! 1DIlfIIA; Old ~..... Co, ar....llllug. PI>. IC8 ~ Olu* L\Je AngIlD, hie. (!III) 801 CorIIar* e.lIIr DIIwe, ..' 20t ~. c:A 11181 III8UlIIlI: ...-c, __III A/IIeIlca'l twN ~ CcIInpIny - -- LIIIII po A I13tJ2Gl1l1 1111at2GD1 IAIlH lICCIl_1lle . U100.aao fNlMlNlflorCIM .... . 11 rff __IIlIllrCIM"""""" . .-L'f/lIII- . _._ ~tt . ',IllOJIllO --.--- -.cTI-OClIII'Illl'_ . 1,1IlIll.CIlIO 5i.I- 0- CJUIC 1U'IOIllIU.-n\' _D-"UIIII' 0-- tf.I_ . 8l1l1.-....... IlIOL'I'~ S -- lIIIr.-l 0-- _VIIAM\' . 0-- ,.-., 0 MlCIl'IIlTY_ . 0 ,.oodoIIIIlll _.-rrr _011I.,-"_ U-MIlD OT""~ MACO --,,: - -~ IAOII 0CCUAII8lCI 0- U__ Il8IlIIlMlI 0- Ll -.._ __1ll,loI_ we; ,_ (CA) 1IIS14OOl1 1131/211D1 0 --~ ....~ ....,.IN 5i1l1MC1. we ':M131 (IWS) - ........... Il- cmtIR Il8CIIPIlOIl OF OIIIMnDII. oeATICIlIriIIIIIU_ln...nnIIJU ICIM.I1EIII lie: __ ,_ lClII4rIlM I lAI 41" .. _ .~_ " .::~" ":'t'\;'~i~,~,~l.<~~:~:{~I" .....:~.;~~;r~:. .......' . .:. OIl', " . ~ --:"... ;'1 . ~j~~~::,~t.):~.i:f5:. GJtr........1Mll1lO i .~': ...u_fII '11II_ OAI ........ m.. 1III-'IIIt_ ......."c...ll... ~t.f.ll. "".--.!!!L---- ____10111I lb": _ .....~1O._lMt..,,__ ...____110 ......."...... ,", 1IIl~ _1IIIIO_'IIII_,1'It 0II...........a1NU. _1IIIn1analo (:A 1M'...... 1,....,' ........,.ftI/f , , ",""""" , ,89/38/2885 14:38 2005-356 9898821141 KB HOME I"'-AND POUCV NUMIY!R: IIWI'IfAI8f COMMERCIAL ....ERAL UABlUTV THIS ENDORSEMENT CHANGI8 THE POLICY. PLEAn READ IT CAREAJLLY. ADDITIONAL INSURED - OWNERS, LESSEES OR CONTRACTORS (FORM B) ThIs 8Nl0I'8IIlMIt modme.lnSUl'lnCe pnMdId under 1M fDIawIng: COMMERCIAL GENsw' UABlU'TY COVERAGE PART N... of p.,... .,0rpnIaIIII0II: Cll1 ~ 15M ....ldino . MunldPII Cloo..,....... , 300 NorIIt .0" &net SIn Blmlrdlno CA 92A1e.ooo1 C3NIlIf t.N114193 AI: Re: Tl'lICI141D4 Of no e'*Y ...... ..... lIIfIIllUIIan ........ ID ....... "* .......... ....... In ... O..,*lftna _ 1,11.1..,.. lit II"- "l'a"'l'/MnLJ WHO. AN 1.llIED (IIcIOft ft).........., fa...... _.............., .,~ Itn.... 1-- In .. latt?1fo\ .......,.......... lit......,.... _~ .,...--" ....1lIt1nllmld br or far,... 8uch ......... .II.aftO!1l1M br........ ......., .....,.........., I........ lID ather IMtnncI cle. '...rl18l.......... lie ......... lit ....... to. ..... Clmtr: ...... "-Wd: ....., Mo.: ItaIIIr r-: Old 1ltjlIllllic..... CD. of /3lUIIIIIIIII, p,. lC.......GMIw I._~ hIo. (EMIl IIN2Y88SH 1IS1/1OOlJ to 11130I20OI CG 20 10 1111 Copyllllhl, '-lJeNillII Ollklt. Il1o., 111t4 "'~~" "",--" PAGE 83 89/38/2885 14:38 2005-356 9898821141 ,,-. KB I-01E lloLAND =,.".o~__ '1':"1 PAGE 84 DAti NiI/lIIW'tVl .cUt ... CERTIFICATE OF PROPERTY INSURANCE 8/3Ol200S PllOlIUCIII 'nil ClW'rlllCATI . ISSUED AI A MAT1!Il Of ....,.TJON ON.Y /lie c::oN'IM NO lIIGHTS UPON TM& CIldW'lCAlI tlOLDEl'L ne AIIn Rille -.....-. IIlc. fill"""'" c....... ClJnlllCATI DOlI NOT AMBm, ElCTIND OR ALTIIl THE COVERAGt tlOt ....... 3Rt FlDclr AFFOIlDlO IV TMI POLICES -.ow. 1NIne. CA 12114 COW"... AfFO_ CCWIMCIE TII NIl. (114ft IlII-UIIO t::OWM't A Uov* <I LcIlIdon INIUIBI CIllNPMY . lea.... GNIII1L1lt~. Inc. (eat) COWNI't 101 ClIIIMINI8 c..... DIIue. lItI. 201 0 PelIIDna. CA 111.. CClMI"i\IIY D ~ T_ . 10 IlUTI'Y TMAT 'nil ...... Of ,..,. ... __ ..,. ... __ 10 TIll - - AIOVI POll T111I'Ol.lOY ..... __. ........,.......,."... [r11'17. _ .......~...,., CIlImUICT DR Gn-.ICIGV J.""".-ecT 10.... '11II ~l1I...y. __ "MY""'" 1IlI_.v- MIlO iL . "till ~ Dllamlllf ........-r 10 IlI.L TIll,.... 1UlllI....,. ~OII'IUCHI'OLIClIa.~--...y """"__- MaIlMlllL ~ TYPI or MlIllMCl! PDUCY~ I'GUCY II"llC'IM .oucv IlIPIIlAnaN CCMNiD ,.,.uHIlT't UMITll DAlI~ DA'Til..oGlYYl II IilI ..-n o ....... . WIOIOf.... 11I1200& 3M12OO7 c:AUIQ 011 \.OIlI o I'iRI ....o.<<rt . OIMlC o IlUIlNiIl INClltoI! . 0.-0 o I!Xt'IlA PPIII" . liZI SPEcw. o aANaT lIUlU*l . o fNlTHQlMICE o IIANlCIT 1'!IlI1'Il0l' . o fUIOD lit! IlAHIlIT ILDQ . ,. . 1,G11O,DllO 0 0 . 0 CI . o II'UND MNIlIII 0 . lYPS. DF I'ClUCV 0 . 0 . CAutO OF LII8S U . o IWoI&D..LI 0 . n D'MIl 0 . Oc:tIM 0 . TYP& 01' PClUCV 0 . 0 . 0 IClLIIl . MACHIMIIl'f ~ . . '[J O~ LOCA lION OF'" .R'DlllolIWI""'~ tJ1 PIIOP&ftTV .. 1 m TIlICl'" I.MI......... _ a.A"- ...... ..:w.~~ IlI!IIUt1lIl.lI: -......lliIIl(lnC.11 . T .b...... .ltac.Al)IIlIIW...... ........... _11II0&111..... ....,............:... VA1OI4IIOK _.......... R1N". . "IIlC.lQIL. _ "-'r. -. _ c-llC~ ....I'IIIDlI\ZIIIlI "l:'" VA'ftlI.JIIMKIlM., WInlIIIanll. __ -- F1IMI: a VA1'OUI1_". oeu.ili=.ATE..JoIOLDElf " CANc;EL'LATlON IbOiptsu. .......;.an.p~.. '.' .' . .. , ',. M .... 'M'.'" .,,", r IMDULO IMt OF nil ~ ..._ ~ . ..__.M ..... 1101 air uI SIn 8eINrdInD IIlNlATIQII DATI! ,...... T" __ CCIM'llIl't IMLI. .....\101I 'III lMIL m!f:;::'ft WIImIN NOnCI 'III 1tII ~11I1tl1U18l NA.- 10 'lilt . MuniolpII Carpol*" . '....UIIli 'III MIL -:=" ca:.rc- IMML II'OIIItO llILIGATlON OR 3DO NoIth "0" SbetII LIAMITV OJ N/fIIIDID UPON 'ntI 'N/fII. In _. qllII.......,-A'IIWS. San 8ImIrditD CA Ut18-OQ01 j1U1IllI__ .dU.1M(1ri.~) fIAIMJf:; ACOIlD 24 111151 . ACOIlD CORPOIlATlON 1811 . ..0..~/3~/2l!ll!l5 14: 3l!l 9l!l98l!l21141 KB HJIE IN...AND '," ...._.~~- PAGE l!l5 2005-356 POlley NUMBERS: WBOSOS246 THIS ENDORSEMENt CllANGIS TIm POUCY. PLEASE READ IT CAUPULLY. LOSS PAYABLE PROVISIONS TbIs IIIlIaaemmlI modifia lD~ pmiIW -- dw faI1oWilI: BUILDING AND PIlllSONAL PROI'IRTY COVlllW3l! FOltM BUILDERS' aJIX COVDAOB JIORM CONDOMINIUM ASIOCtA'J1ON COVUAGE'OItM CONDOMINJUM COMMBaCJA1. UNIT-oWNIU COVlllAGB FORM STANDARD PJ.OPI!ItTY POLICY SCHEDULi Pnm BIdI OIIIa'lptlollOr PftIpIltJ . No. . No. ..... ,.. (N1IIlC " ........) Loll ..,... XXXX PtMIaioIII A~' lMlIItr'. .... CclllIrIc:I of Pa1abIt Sale Re: TrMtt'" ~......._... . II 'elf.1 c.,..11Il _ NtrtII .... ...... SU......., CA !l2A1..... A. WhtrI... ~ ielltllChtd to.... ST ANDAID ItOPDTY POLICY CP 0099" 1Inl CownIe hit In thII oodaneIaut It rtpIIctd by IIw .... Policy. The ftJUOWIaI- ..-s to die LOSS PAYMENT Lou CoadidGn. .IndiCltllclIn lht DtdtnIiclIII ar by 1ft ..X" ill .. SchtdIdt: 8. LOSSPAYABU Par CMond PlvpIrty ill'" boIb ,au_a Lola ,.,.. __ID.. SWduIeor In die Dee..... Mw . ...10 h\terIIt, WI will: 1. AdjllllIossa wId1 JVIIi -' Cf' 1211 D7 .. ee"tI....ISOCtt.-1 .......11...... ....INt \,.., ....ICII2 '. Rl9/3@/:l~05 14: 30 , 2005-356 9098021141 2. Pay III)' cIIim for loa or cIImI8C jointly to )'011 8Dd the Loll"'" 15 Inrcsts may 1pIItII'. C. LBNDBll'S LOSS PAYABLE I. the Loa PayM ahowIIln 1M SUlHt or In 1he DecIltMioM I. a cndiIor (_l1IdlIIa \l'6.11 r holder or"') with wit-. yeti haw tIltInd I CCIlIIlrIOt Cor'" ..10 orCavlled PnIpar\y, .... iaIIreat lD.1hIl Cownd Pnlpeny Is IIIIblilllld by IlIdI wrIUIII CGlllI'IlllII15; .. WuIIlouIe nceipIa; b. It &;OIIWICt far cIocd; Co Billa of lacUna; or d. FIDancia& "",1IlIII. 2. For CoV8Nd PropeIty In wbicll bod! )'OIIlIld a Loll PaY" haYc IIllMarablc iDtemt; a. We wiD ply tlrcovcrcd 10M fit...... to eMII Loa Pa)'Ie ill IIIoIr order of JlfCCCV-, .. i/MCIUIII may ....... b. Tbe Lou Payee _lhIripllO _lYe loa peyrlIIIlt CVlIIIlf the LoIs ,.,. .... ...,..s ftndosurc fltllmilll' ~Ion on tbe CovetwcI Propel\)'. c, If. deny)'Olll' cIIim .... ol)'Oar1llll or bccauIe you bavt ttlIIcIto eompIy"" the IImI5 oflhe eo".. Pad, tIIo Loll Payeo wlllltill hPl tbt rf&ht to receive Iou pa)'IIICIlt Irthe Loll PI)'eC: (1) P~ III)' pnIIlilll1l due under thil C~ PIn III 1M requcsllf)DII1Ine fai\ed to do so; (2) Sutlmits ulped, awom JIIOOCoflOll within 60 clays aftIr rocciYIna nDlioc: &om III of)'Ollf fIIIIIft 10 do 10; IIIId (3) Has nodfled III of.y'" III OWDel'Ihip, 0CC1IpIIIeY fit subltaalial dIaII&O In risk llnowIIlO lhe Lau Payee. All ofthc IIeIllII oftIIiJ CowfIp PIft wlU thco tlpp\y dIractIy 10 lhe IAA ..... .. IIwc pay die LoIII'II)'llI1or lAY ... or ..... 8IllI dilly pa)'lMIIt 10 you becalIII of 'JOVI1ClI fit bIcIuIe )'011 haw filled to comply wkh lhI.- ofllria CoY.,. Pan: (I) Tho Loll Pll)'W 'uiahW wHI be 11..........1 to 111I110 die atoac orlhe IIIIount we pay; 8IllI (2) The LoIII'ayee'. rltbtllO recover lhe ftalll111W11t orlllo Loll..... cIIial wft1 noc be 1mpIlrod. , . ~,.'. ,,~ _,m "vr'r"""'W~~" KB I-DlE IN..AND PAGE 06 At. our optiolI, .. may pay to the Lou ...,.1110 wIIoIe principII_ the debt pllll_ 1CCNId..... fa dlII8YCIJC, you will payJllUl'~Mtto III. 3. If. CIIICOI thIJ policy, .. wID pve writtID IlGIicI to the Loll PI,yCe lIllllat .. 10 dayI betbre the eftlIaivc dIIe of ~UItIOO If we CIlICeII'or YllIIIf nllll- pI)IIMftIo'~m;VI' b. 30 .,. bttbrc tile dlIclti'YI eWe pf CIIlCIIItdoA If_ _I for Ill)' ok reason. 4. IfM do IICll reaew thla po&y, .. wlU live written llOtill to Iht Loll ,.,... IIIIt 10 dI)w befb1t the expInIIon data of 1111 policy. D, CONTRACT OF SALE I. The Lou ~ sIunID in .... ScbIdDIe VI' In the DecIa'au- II . penolI VI' v....... )'011 haw entend . CGnD'Id with far tbe .... of CoVll'lcl Properly. :Z. For Covaecl ~ ill wbich boCb ~.. the Loll ,.,. hIwe an iDIurIble ID.ttIwt WIt will: .. Acljlllllones witll )Olf, IIIcI b. 1'17 .." claim for Iou or....joimIy 10 JOII lad the Lola I'ayeo, . iIIterIIlS may appeli'. 3. lilt IbI10wlna II addId 10 .. 0THEll INSURANCE CoudItiOll: FfltCcnieNd Property_ is the IIIbjector, ~ Ilrlllc, the word "'IfN" iDcIuclu tho Loll Payee. CP 121101. CeIlJdIIIc.ISOC--W 11*..... .....\..191'7 '-2 al2