1980-0812_BELFORD TERRACE_Subdivision Bond No. 00625 B0 0
group COVENANT MUTUAL INSURANCE COMPANY
SUBDIVISION IMPROVEMENT BOND
LABOR AND MATERIAL (CALIFORNIA)
KNOW ALL MEN BY THESE PRESENTS
Bond No.—W6251— R
That Belford Terrace
as Principal, and the
COVENANT MUTUAL INSURANCE COMPANY, a Corporation organized and existing under the laws of
the State of Connecticut and authorized to transact surety business in the State of California, as Surety, are held
and firmly bound unto City of San Juan rapiitrm
for the use and benefit of any and all persons entitled to file claim under Section 11612, Business and Professions Code of
the State of California, in the sum of Thi rty Si X thottsand Moll 00 Dollars ($ 36,000.00 ),
for the payment whereof, well and truly to be made, said Principal and Surety bind themselves, their heirs, administrators,
successors and assigns, jointly and severally, firmly by these presents.
THE CONDITION OF THIS OBLIGATION IS SUCH, That WHEREAS, the Principal entered into a certain Agreement or
Contract with the Obligee, dated the day of , 19_ , wherein the Principal has
agreed to complete the following improvements:
Subdivision Impoa ants. Tract No. 9382
as more fully set forth in said agreement.
NOW, THEREFORE, if the Principal shall pay Contractor, his subcontractors, and persons renting equipment or fur-
nishing labor and materials to them for the improvement then this obligation shall be null and void; otherwise, to remain
in full force and effect.
THE AGGREGATE LIABILITY of the Surety for any and all claims hereunder shall in no event exceed the sum specified
in this bond.
TIME FOR FILING SUIT on this bond shall be limited to six (6) months from date of completion of said improvements
as "completion" is defined under applicable sections of the Civil Code of the State of California.
Signed and sealed this 12th day of A000t , 19 80.
Belford Terrace
Principal
L
Arthur J:-t1emW1 Jr.
Address
INSURANCE COtAPANY
GOVENANT T
MUUAL
AGENCY' INC.
Ty GENERAL
C/O SO C;OA1 SUR AVENUE SUITE NO-" 10
,A
1
9110,
CAyIFORNIA
State of California
County of Los Angeles ss.
On this 12 day of August 19-aQ before me personally came
Arthur J. Clement, Jr.
to me known, who being by me duly sworn, did depose and say: that he is Attorney(s)of Covenant Mutual
Insurance Company, the Corporation described in and whishexecuted the foregoing instrument; }ha a knows)
the seal of said Corporation; that the seal affixed to s ins+rum Is such'corpo to seal• fha it,
t was s affixed
by authority gR,gntpd to him in accordance with the By -Laws o he said C- ora+j n, and t signed his name
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Com -1:c , Exr,!IS Apel 3U, 1982
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(Notary Public)