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18-0220_TOLL WEST COAST LLC_Survey Monuments Bond No. 019062905_TR 15609 SUBDIVISION IMPROVEMENT AGREEMENT Bond No. 019062905 SURVEY MONUMENTS BOND KNOW ALL PERSONS BY THESE PRESENTS: THAT WHEREAS, the City of San Juan Capistrano, California ("City") and Toll West Coast LLC ("Principal"), have executed an agreement for work consisting of, but not limited to, the furnishing all labor, materials, tools, equipment, services, and incidentals for the setting of survey monumentation as shown in Parcel/Tract Map No.15609, which is not to be completed prior to the recording of the final map or parcel map; WHEREAS, the survey monumentation to be performed by Principal is more particularly set forth in that certain Subdivision Improvement Agreement dated , 20__, ("Improvement Agreement"); WHEREAS, the Improvement Agreement is hereby referred to and incorporated herein by reference; and WHEREAS, Principal is required by the Improvement Agreement to provide a good and sufficient bond to insure the setting of the monuments as required therein and payment to the Engineer or Surveyor who sets such monuments thereunder. NOW, THEREFORE, Principal and Liberty Mutual Insurance Company ("Surety"), a corporation organized and existing under the laws of the State of Massachusetts, and duly authorized to transact business under the laws of the State of California, are held and firmly bound unto City in the sum of Fifteen Thousand Five Hundred and 00/100 Dollars ($15,500.00), said sum being not less than one hundred percent (100%) of the total cost of the setting of monuments as set forth in the Improvement Agreement and payment due to the Engineer or Surveyor for setting such monuments, we bind ourselves, our heirs, executors and administrators, successors and assigns,jointly and severally, firmly by these presents. THE CONDITION OF THIS OBLIGATION is such that if Principal, his or its heirs, executors, administrators, successors or assigns, shall in all things stand to and abide by, and well and truly keep and perform the covenants, conditions, agreements, guarantees, and warranties for the setting of survey monumentation in the Improvement Agreement and any alteration thereof made as therein provided, to be kept and performed at the time and in the manner therein specified and in all respects according to their intent and meaning, and to indemnify and save harmless City, its officers, employees, and agents, as stipulated in the Improvement Agreement, then this obligation shall become null and void; otherwise it shall be and remain in full force and effect. As part of the obligation secured hereby, and in addition to the face amount specified therefor, there shall be included costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by City in successfully enforcing such obligation, all to be taxed as costs and included in any judgment rendered. Surety, for value received, hereby stipulates and agrees that no change, extension of time, alteration, or addition to the terms of the Improvement Agreement, or to any plans, profiles, and specifications related thereto, or to the Public Improvements to be constructed 61147.02100\24632175.1 thereunder, shall in any way affect its obligations on this bond, and it does hereby waive notice of any such change, extension of time, alteration, or addition. This bond is executed and filed to comply with Section 66496 of the California Government Code as security for installation and payment of survey monumentation as set forth in the Improvement Agreement. IN WITNESS WHEREOF, we have hereunto set our hands and seals this 20 TH day of FEBRUARY, 2018. (Corporate Seal) Toll West Coast LLC Principal By Title S (Corporate_Seal) LIBERTY MUTUAL INSURANCE COMPANY Surety By Da iel . u 'gan, torney-in-Fact (Attach Attorney-in-Fact Certificate) Title Attorney-in-Fact The rate of premium on this bond is $3.75 per thousand. The total amount of premium charges is $100.00 (The above must be filled in by corporate attorney.) THIS IS A REQUIRED FORM Any claims under this bond may be addressed to: (Name and Address of Surety) Liberty Mutual Insurance Company 2200 Renaissance Blvd Suite 400 King of Prussia, PA 19406 (Name and Address of Agent or Corporation Service Company d/b/a Lawyers Representative for service of Incorporating Service process in California, if different 2710 Gateway Oaks Drive, Sacramento CA 95833 from above) (Telephone number of Surety 800-683-4769 and Agent or Representative for service of process in California) 61147.02100\24632175.1 ACKNOWLEDGMENT A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of California County of Orange On March 1, 2018 before me, Cynthia J. Heredia, Notary Public (insert name and title of the officer) personally appeared Nick Norvilas-------------------------------------------------------------- who proved to me on the basis of satisfactory evidence to be the person(}whose namew is/am subscribed to the within instrument and acknowledged to me that he/sheAhe)Fexecuted the same in his/he4thet�authorized capacity(les), and that by his/4,eF/##ei signatures}on the instrument the person(s), or the entity upon behalf of which the personw acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. CYNTHIA J.HEREDIA WITNESS my hand and official seal. , oCommission#2104959 a Notary Public-California z Z ° Orange County My Comm.Expires Mar 28,2019 Signature Lzgj IL (Seal) Name of Notary:Cynthia J.Heredia Notary's principle county of business: Orange Notary's commission number:2104959 Commission expiration date:March 28,2019 Notary Acknowledgment A notary public or other officer completing this certificate verifies only the Identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. STATE OF CALIFORNIA COUNTY OF On 20_, before me, Notary Public, personally appeared , who 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. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signature of Notary Public OPTIONAL Though the information below is not required by law, it may prove valuable to persons relying on the document ---and could-prevent fraudulent removal and reattachment of this form to another document. CAPACITY CLAIMED BY SIGNER DESCRIPTION OF ATTACHED DOCUMENT ❑ Individual ❑ Corporate Officer Title(s) Title or Type of Document ❑ Partner(s) 0 Limited ❑ General Number of Pages ❑ Attorney-In-Fact ❑ Trustee(s) ❑ Guardian/Conservator Date of Document ❑ Other: Signer is representing: Name Of Person(s)Or Entity(ies) Signers)Other Than Named Above NOTE: This acknowledgment is to be completed for Principal. 61147.02100\24632175.1 Notary Acknowledgment A notary public or other officer completing this certificate verifies only the Identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. STATE OF PENNSYLVANIA COUNTY OF CHESTER On FEBRUARY 20, 2098, before me, Arlene Ostroff, Notary Public, personally appeared Daniel P. Dunigan, who proved to me on the basis of satisfactory evidence to be the person whose name is.subscribed to the within instrument and acknowledged to me that he executed the same in his authorized capacity, and that by his signature.on the instrument the person, or the entity upon behalf of which the person acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. COMMONWEALTH OF PENNSYLVANIA NOTARIAL SEAL WITNESS my hand d official seal. ARLENE OSTROFF,Notary Public Willistown Township,Chester County My Commission Expires December 3,2020 Signature of Notary.Public OPTIONAL Though the information below is not required by law, it may prove valuable to persons relying on the document and could prevent fraudulent removal and reattachment of this form to another document. CAPACITY CLAIMED BY SIGNER DESCRIPTION OF ATTACHED DOCUMENT ❑ Individual ❑ Corporate Officer Title(s) Title or Type of Document ❑.Partner(s) ❑ Limited ❑ General Number of Pages ❑ Attorney-In-Fact ❑ Trustee(s) ❑ Guardian/Conservator Date of Document 0 Other: Signer is representing: Name Of Person(s)Or Entity(ies) Signer(s)Other Than Named Above NOTE: This acknowledgment is to be completed for the Attorney-in-Fact for Surety. 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(P�O) ) IPAt (D/ saa�i.ieietn�(tanlen(�enpls`/aa,:�o./a�lea( I.� l(�.uaian�� ,a6ef 'oua�ao i end o ( ` \, LIBERTY MUTUAL NSUTRANCE COWANTY FDI?ANCT-JJSTATEN4ENT—DECE7YMER31,2016 Pf Assets Liabibbes Cash and Bank Deposits.................................... 51,092,914,837 Untamed Premiums....._.._.___....._.._..__.._._...,.._...S6,929,723,2:99 *Bonds—U.S Government....._......................._.- 1,4061763970 Reserve for Claims and Claims Expense......_._._.,. 17,233,877,300 *Otber Bonds..._..._..._.._._...._...___...._............. 11,379.916,523 Funds Held Under Reinsurance Treaties._._.........._ 208,362.823 Reserve for Dividends to Policyholders.................. 9A4:909 *-Stocks........._.........................................__...... 10.349,761,988 Additional Statutory.* Reserve...-_.._........._.-_........... 39,649,905 Real Estate_................. ............ 290,265,760 Reserve for Commissions,Taxes and Agents"Balances or Uncollected Premium .......... 4,709,977,463 Other Liabilities... ............................. 3.061.117.958 Accrued Interest and Rents .......................... 112,757,395 Total Other Admitted Assets.......................................... 14.659.523.751 Special Surplus Funds._-__....._..... S95 257;334_ Capital Stork..........................._ 10,000,000 Paid in Surplus................_........ 9,229,250,104 Unassigned Surplus..................... 7,193,698,055 Total Admitted -981 6R7 Surplus toPolicybo)dtrs.----------- 16328-705.493 Total Liabilities and Surplus___S41001 RRI 697 Bonds are stated at amortized or investment value;Stocks at Association Market Values. The foregoing financial information is taken fmin Libertyrance Company's Mutual Iusu an 's financial statement filed with the state of Massachusetts Department of Insurance. 1,TIM MMOLAJEWSKL Assistant Secretary of Liberty Mutual Insurance Company,do hereby certify that the foregoing is a true,and come statement of the Assets and Liabilities of said Corporation,as of December 31,2016,to the best ofmy knowledge and belief. IN WITNTESS WTMREOF,I have bereu'nto set my hand and axed the seal of said Corporation at Seattle,'Washington,this 23"d day of March,2017. Assistant Secretary S-12S2LMIC/a 3r,7