1991-0801_FN PROJECTS INC_Surety Agreementa
0 0
MEMORANDUM July 29, 1993
TO: Dawn Schanderl, Deputy City Clerk
FROM: Daniel W. McFarland, Building do Safety Manager
Department of Engineering and Building
SUBJECT: Bond Release for Interamerican Builders
This memo serves as authorization to release the referenced bond No.554 5617 in the
amount of $10,000.00 for grading and on-site improvements at Tract 10103, Lots 20 and
21 to FN Projects, Inc. for Interamerican Builders. All work covered by this bond has
been completed to the satisfaction of the Building Division.
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cc: Building File
y yo - Baa q
incurred by City in successfully enforcing such obligation, all to
be taxed as costs and included in any judgment rendered.
2. Said Surety, for value received, hereby stipulates and
agrees that no change, extension of time, alteration, or modification
of statutory obligation, or of the work to be performed thereunder,
shall in any way affect its cbligations or this bond, and it does
hereby waive notice of any such change, extension of time, alterations,
or modifications, or of the work to be performed thereunder.
Executed this Ist day of August 19 91 at
San Francisco ' , California.
APPROVED
{�AS(�TO� �FORM.
C�?L
Shaw
ty Attorney
Page 2.- STATUTORY PERFORMANCE BOND
PRINCIPAL
EN ProjecAs, Inc.
By
Title
1,k��. Parr Feaa r- N ss—
(NOTARIZATION AND SEAL)
SURETY
Safeco I ance mp of America
By
Sylvia M. a - arson Attorney -in -Fact
(NOTARIZATION AND SEAL)
G.
SAFECO
OfPOWER %SAFECO INSURANCE COMPANY OF AMERICA
OF ATTORNEY HOME OFFICE: SAFECO PLAZA
SEATTLE, WASHINGTON 98185
No 5624
KNOW ALL BY THESE PRESENTS:
That SAFECO INSURANCE COMPANY OF AMERICA, a Washington corporation, does hereby appoint
-------------RITA A. DEMPSEY; SYLVIA M. PEARSON, San Francisco, California ----------
its true and lawful attorneys) -in -fact, with full authority to execute on behalf of the company fidelity and surety bonds or
undertakings and other documents of a similar character issued by the company in the course of its business, and to bind
SAFECO INSURANCE COMPANY OF AMERICA thereby as fully as if such instruments had been duly executed by its
regularly elected officers at its home office.
IN WITNESS WHEREOF, SAFECO INSURANCE COMPANY OF AMERICA has executed and attested these presents
this 17th day of SantomhAr , 19$x_.
CERTIFICATE
Extract from the By -Laws of SAFECO INSURANCE COMPANY OF AMERICA:
"Article V, Section 13. — FIDELITY AND SURETY BONDS ... the President, any Vice President, the Secretary, and any
Assistant Vice President appointed for that purpose by the officer in charge of surety operations, shall each have authority
to appoint individuals as attorneys -in -fact or under other appropriate titles with authority to execute on behalf of the
company fidelity and surety bonds and other documents of similar character issued by the company in the course of its
business ... On any instrument making or evidencing such appointment, the signatures maybe affixed by facsimile. On any
instrument conferring such authority or on any bond or undertaking of the company, the seal, or a facsimile thereof, may be
impressed or affixed or in any other manner reproduced; provided, however, that the seal shall not be necessary to the
validity of any such instrument or undertaking."
Extract from a Resolution of the Board of Directors of
SAFECO INSURANCE COMPANY OF AMERICA adopted July 28, 1970.
"On any certificate executed by the Secretary or an assistant secretary of the Company setting out,
(i) The provisions of Article V, Section 13 of the By -Laws, and
(ii) A copy of the power-of-attorney appointment, executed pursuant thereto, and
(iii) Certifying that said power-of-attorney appointment is in full force and effect,
the signature of the certifying officer may be by facsimile, and the seal of the Company may be a facsimile thereof."
I, Soh A. Dickey, Secretary of SAFECO INSURANCE COMPANY OF AMERICA, do hereby certify that the foregoing
extracts of the By -Laws and of a Resolution of the Board of Directors of this corporation, and of a Power of Attorney issued
pursuant thereto, are true and correct, and that both the By -Laws, the Resolution and the Power of Attorney are still in full
force and effect.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the facsimile seal of said corporation
this 1st day of Aui us
191
5-13W RE 3/86 PRINTED IN US A.
Dollars for payment whereof Contractor and Surety bind themselves, their heirs,
executors, administrators, successors, and assigns, jointly and severally, fairly by these
presents.
WHEREAS, Contractor has by written agreement dated
entered into a (describe agreement) Grading & Landscaoing Tract #l0103
contract is by reference made a
NOW, THEREFORE, the condition of this obligation is such that, if Principal shall
promptly and faithfully perform said agreement, then this obligation shall be null and
void; otherwise it shall remain in full force and effect. Surety waives whatever legal
right it may have to require that a demand be made first against the principal in the
event of default.
BE IT FURTHER RESOLVED, that:
1. As a part of the obligation secured hereby, and in addition to the face amount
specified, 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.
2. Said Surety, for value received, hereby stipulates and agrees that no change,
extension of time, alteration, or modification of the contract documents or of the work
to be performed thereunder, shall in any way affect its obligations or this bond, and it
does hereby waive notice of any such change, extension of time, alterations, or
modifications of the contract documents or of work to be performed thereunder.
Executed this 6 day of July 19 88, at
Los Angeles . California.
PRINCIPAL FN Projects, Inc.,
STATE OF CALIFORNIA
Duplicate Original
-
•
.CNVnf
uadenisRW. a Notary Public in and fae'>taW
d #1689
pet7oamy ae0eand Elliott'•
PERFORMANCE BONDKNOW
pally known to me (or provd
evidence) to be the Irho
um a4 , 619
peewa ea 40
the ri in iayFamw As
Attorasyda.Faet on behalf of !O
corporation therein named, gad
t Chmthe At
cotpomtion eaecu d iL
Gia -. a
ALL MEN BY THESE
PRESENTS:That
,
FN Projects,
Inc-,
as Principal, hereinafter called
CONTRACTOR Pacitis
e
; , : as
Surety, hereinafter called SURETY, are held and firmly boun
d the•Ci
San Juan
Capistrano, as Obligee,
hereinafter called CITY,
in
amount of
Dollars for payment whereof Contractor and Surety bind themselves, their heirs,
executors, administrators, successors, and assigns, jointly and severally, fairly by these
presents.
WHEREAS, Contractor has by written agreement dated
entered into a (describe agreement) Grading & Landscaoing Tract #l0103
contract is by reference made a
NOW, THEREFORE, the condition of this obligation is such that, if Principal shall
promptly and faithfully perform said agreement, then this obligation shall be null and
void; otherwise it shall remain in full force and effect. Surety waives whatever legal
right it may have to require that a demand be made first against the principal in the
event of default.
BE IT FURTHER RESOLVED, that:
1. As a part of the obligation secured hereby, and in addition to the face amount
specified, 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.
2. Said Surety, for value received, hereby stipulates and agrees that no change,
extension of time, alteration, or modification of the contract documents or of the work
to be performed thereunder, shall in any way affect its obligations or this bond, and it
does hereby waive notice of any such change, extension of time, alterations, or
modifications of the contract documents or of work to be performed thereunder.
Executed this 6 day of July 19 88, at
Los Angeles . California.
PRINCIPAL FN Projects, Inc.,
STATE OF CALIFORNIA
)
COUNTY OF Los Angeles
os SEP 1719%
i before me, 1114.
uadenisRW. a Notary Public in and fae'>taW
Sts
pet7oamy ae0eand Elliott'•
: Ffl�
pally known to me (or provd
evidence) to be the Irho
on s oJtW dlpnry
peewa ea 40
the ri in iayFamw As
Attorasyda.Faet on behalf of !O
corporation therein named, gad
t Chmthe At
cotpomtion eaecu d iL
Gia -. a
WITNESS my hand and official saL `4/\ '•?'
./-
$IYIatYra
FOR NOTARY SGL OR STAMP
OFFICIAL SEAL
TANIA SHPARgGA
a. NOTARY PUBLIC - CALIFORNIA
LOS MIGELES CGUNTf
MY Comm. e+Pirer FE8 1, 1993
POWER OF ATTORNEE
N° 21000
Pacific StaCasualty Company9t
NOTICE. 1. All power and authority herein granted shall in any event terminate on the 31st day o��Vp. This Power of Attorney �s void if altered or if any portion is erased \O`�\\P�3. This Power pf Aryorney is void unless 1hG seal i9 restlable. the text ism black ink, therGld" n red ink.
4 Thls Power of Attorney mould not be returned to the Attorney -In -fad, but shoultl ra`I?e obligee's oma.
KNOW ALL MEN BYTH ESE PRESENTS.that. except as expressly limited, PACIFIC STATEOCASUALVVCVMIGYIY,Ikonstbyr make, Constitute and appoint
EIIIattA.PRaeter, the true and lawful Attomey-in-Fact. to make,execute, deliver and acknowledge, for and on behalf o corporation as surety, bonds. untlemilings and
contracts of suretyship 1n an amount not exceeding $1,SD0,000 in any single undertaking; giving and granting unto said AttonnWimFact full power and authority to do and to
Perform every ad necessary, requisite or proper to be done in connection therewith as said corporation could do, but revolving to said corporation full power of substitution
and rayodation; and all of the acts of said Anomey-in-Fact, pursuant to these presents, are hereby ratified and confirmed.
The authority and powers conferred by this Power of Attorney do not extend to any of the following bonds, undertakings or contracts of suretyship:
Bank depository bonds, mortgage deficiency bonds, mortgage guarantee bonds.
This Power of Attorney is granted and is signed by facsimile under and by authority of the following resolution adopted by the Board of Directors of PACIFIC STATES
CASUALTY COMPANY, effective as of August 3. 1934;
RESOLVED, thatthe Chairman of the Board, the President and any Vice Proaidentof thecorporatlon be, and thateach Moment hereby is authorized toexecute Powersol
Attorney, qualifying the attorney named in the Power of Attorney to execute, on behalf of the corporation, bonds, undertakings and contracts of suretyship; and that the
Secretary or any Assistant Secretary of the corporation be, and each of them hereby is authorized to attest the execution of any won Power of Attorney;
RESOLVED. FURTHER. that the signatures of such officers may be affixed to any Such Power of Attorney or to arty certl/leats roosting thereto by f losimile, and any Such
Power of Attomey or certificate bearing such facsimile signatures shall be valid and binding upon the corporation when W affixed and In the future with respect to any bond,
undertaking or contract of suretyship to which it is attached.
IN W ITNESS YIN EREO F, PACIFIC STATES CASUALTY COMPANY has caused these presents to be signed by its president and attessmd by ria Secretary this 4th day of
January 1988.
ASS C44
ro �a
PAC C 8 0oPPdo'AATTEST
S CASUALTY COMPANY _4 = p,
1 � a FE0.1.
lrFOap
BY Brun E. Macxenae * ' 6yelsr R. Le ry
STATE OF CALIFORNIA
SS.
COUNTY OF LOS ANGELES
On January 4,1988, before me, the undersign, a Notary Public in and for said Slate, personally appeared Bruce E. MacKenzie and Esther R. Lowy, personally known to
me (or proved to me on the basis of satisfactory evidence) to be the persons who executed the within instrument as President and Secretary on behalf of Pacific Stales
Casualty Company, the corporation therein named, and acknowledged to me that the corporation executed it.
WITNESS my hand and official seal. r
OFFICIAL SEAL
KAREN RUTH OFFICIALS,,"
Signature 1 C"' '` �
--�
NOTARY% BI CCA IFORNA
Notary Public
LOS ANGELES
.,NtivCOUNTY
19,1
MY Ceme E.pxn Nm 19,1989
CERTIFICATE
The undersigned, as Secretary, of PACIFIC STATES CASUALTY COMPANY, does hereby certify that the foregoing and attached Power of Attomey remains In full force
and has not been revoked; and furthermore. that the provisions of the resolution of the Board of Directors of acid corporation oat forth in the Power of Attorney. are In force as of
the date of this Certificate.
This Certificate is executed in the City of Los Angela, California,
PACIFIC STATES CASUALTY COMPANY
PSC -5.101 1/88
0
DRUG USE
IS
E
August 21, 1991
Mr. Frank Bauman
Interamerican Builders, Inc.
15375 Barranca Parkway
Suite F-106
Irvine, CA 92718
.dwan �
Y
�. iIN 1101 T(1
ISl�unue 1961
1776
Re: Surety Bond No. 1689, The Acreage, Tract 10103
Dear Mr. Bauman:
MEMBERS OF THE CITY COUNCIL
LAWRENCE F BUCHHEIM
KENNETH E FRIESS
GARY L HAUSDORFER
GIL JONES
JEFF VASQUEZ
CITY MANAGER
STEPHEN B JULIAN
Enclosed is a copy of a letter to Pacific States Casualty Company authorizing the
exoneration and full release of the above referenced bond for The Acreage project in the
City of San Juan Capistrano. The work guaranteed by the bond has been completed to
the satisfaction of the City of San Juan Capistrano with the exception of minor remedial
work on Lots 20 and 21.
Additional and supplemental bonding of $10,000 has been accepted for minor remedial
work in the project and to resolve drainage issues on Lots 20 and 21. The resolution to
the drainage problems on these lots should be addressed as soon as possible.
If you have any questions or need further assistance, please contact me.
Sincerely,
Da�, McFari�
Building & Safety Manager
DW M/st
Attachment
cc: George Scarborough
William Huber
John Murphy
32400 PASEO ADELANTO, SAN JUAN CAPISTRANO. CALIFORNIA 92675 0 (714) 4931171
0
DRUG use
Is
August 21, 1991
Pacific States Casualty Company
4021 Rosewood Avenue, 3rd Floor
Los Angeles, CA 90004-2932
Sao
��' inlo�rouno
annwre ' 1961
1776
Re: Surety Bond No. 1689, Interamerican Builders, Tract 10103
MEMBERS OF THE CITY COUNCIL
LAWRENCE BUCHHEIM
KENNETH E FRIESS
GARY L HAUSDORFER
GIL JONES
JEFF VASOUEZ
CITY MANAGER
STEPHEN B JULIAN
This letter is to authorize the exoneration and full release of Surety Bond No. 1689
posted for the benefit of Interamerican Builders, Inc. for improvements within Tract
10103 within the City of San Juan Capistrano, California.
The improvements guaranteed by surety including grading, drainage, and on-site
improvements have been completed to the satisfaction of the City of San Juan
Capistrano. Additional and supplemental bonding has been posted for minor remedial
work needed to fully complete the project.
Attached is a copy of the original bond for your reference. If you have any questions or
need further information, please contact me.
Sincerely,
Daniel W. McFa land
Building do Safety ;Manager
DWM/st
Attachment
cc: George Scarborough
William Huber
Frank Bauman
John Murphy
32400 PASEO ADELANTO. SAN JUAN CAPISTRANO. CALIFORNIA 92675 0 (714) 4931171
0 0
AND ON-SITE
THIS AGREEMENT is made by and between the CITY OF SAN 3UAN CAPISTRANO,
a municipal corporation, hereinafter referred to as the "City" and FN Projects, Inc. a
California Corporation, referred to as "Developer".
WITNESSETH
WHEREAS, City will issue Grading Permit No.715-G and Building Permit Nos.
5837-B and 5862-B to Developer to construct certain designated improvements, more
particularly described in Exhibit "A" attached and incorporated herein by reference,
which said improvements constitute a portion of that real property at the location of
Tract 10103, Lots 20 and 21, commonly referred to as The Acreage.
WHEREAS, San Juan Capistrano Municipal Code 8-3.05 requires the posting of
financial security to secure the faithful performance and labor and materials for the
grading and installation of improvements connected with issuance of grading permits.
WHEREAS, San Juan Capistrano Municipal Code 8-3.06 authorizes the Building
Official to require additional bonding as security to ensure against adverse aesthetic
impacts arising from incomplete grading and/or improvements from development
projects which have not been completed.
WHEREAS, the Building Official finds that the proposed project site is highly
prominent and visible to the community, has unique topographic features or involves
substantial grading of slope areas.
NOW, THEREFORE, in consideration of the premises and promises hereinafter
contained, City and Developer agree as follows:
1. Developer's Improvements Obligations. Developer shall, at its sole cost and
expense, provide and furnish all labor, materials and equipment for the installation of
improvements set forth in Exhibit "A". The grading permit and plans, which further
defines the improvements in Exhibit "A", are on file in the office of the City's Building
Official, and all documents referenced in Exhibit "A" are incorporated herein by
reference.
2. Developer's Security. Developer shall provide a bond by a duly authorized
corporate surety, subject to the approval of the City's City Attorney, to secure
Developer's improvement obligations required under this agreement.
The amount of the bond shall be $10,000.00 for that work described in Exhibit
"A". This security of $10,000.00 shall also serve as security for restoration of the site.
A copy of the surety instrument, as approved by the City Attorney, is attached as Exhibit
1113"
3. Completion of Improvements. To ensure the protection of the public safety,
health and welfare, Developer shall construct the improvements described in Exhibit "A"
and the conditions as set forth in Exhibit "B".
-1-
0
4. Developer Default. In the event Developer does not complete the required
improvements, including erosion -control measures within the time required, or abandons
the project site, or suspends work for more than twenty working days other than
previously prescribed, City shall have the right to immediately declare a default and to
make demand on the surety for performance.
5. Restoration of Site. San Juan Capistrano Municipal Code Section 8-3.06 allows
the City to require bonding a security to ensure against adverse aesthetic impacts arising
from incompleted grading and/or improvements. The purpose of this bonding shall be to
restore the property to its original condition if the Developer defaults. This restoration
shall include:
1. Dismantle and/or demolish improvements;
2. Grade property to its original contours as shown on the grading plan
referred to in Exhibit "A';
3. Remove all debris and construction materials from the site; and
4. Install erosion control, including hydroseeding, to the satisfaction of the
Building Official.
6. Attorney's Fees. Developer agrees to pay City such sum as the court may
adjudge as reasonable for the legal services of an attorney representing City in an action
brought to enforce or interpret the obligations of this agreement, and such sum shall be
made a part of any judgment in such action against Developer if such action is
determined in favor of said City.
7. Developer's Work in Safe Condition. Developer shall perform all work in a safe
workmanlike manner and shall take such precautions as may be necessary to warn and
protect the public from any dangerous condition caused by the construction of said
improvements.
8. Liability. Developer shall hold City, its officers and employees harmless from
any and all claims, demands, causes of action, liability or loss of any sort because of, or
arising out of, the acts or omissions of Developer, his contractor, subcontractors, agents
or employees in the performance of this agreement.
9'a
0
r -I
L-A
`' In Witness Whereof, the parties have executed this agreement as
of �J, � 7 7{ , 19`7/1 at San Juan Capistrano, California.
Approved as to Form:
By: John Shaw
City Attorney
"AKW"4 Juan CB
Building Official
Principal(s�
Title: GA�o� ��Lz nc uE2- ce ss
By: U—' czx0 G.-�
Title: I�Aii PAur- �5 iEt T'�
By:
Title:
-3-
ACKNOWLEDGMENT
State of California l
} SS.
County of Los Angeles )))
�tIR:��7 • .. M . i
T
n+nxzr°f �
NO. ap
ND
On this the — day of 4 d-u.sT is Q? , uetore me,
ANGELA ANDERSON
the undersigned -Notary Public, personally appeared
Carol Gallacher and Patt Frank
j] personally known to me
proved to me on the basis of satisfactory evidence
to be the person(s) who executed the within instrument as
or on behalf of the corporation therein
named, and acknowledged to me that the corporation executed it.
WETNESSmy�� e./Y�'�%'," "
Notary's Signature
ATTENTION NOTARY: Although the information requested below is OPTIONAL, it could prevent frauCulent attachment of this certificate to another doament.
THIS CERTIFlCATE
Tille or Type of Document 5u 2 � A6 , zEm EMT 7-9 Ac.7 /O/03
MUST BE ATTACHED Number of Pages
TO THE DOCUMENT
DESCRIBED AT RIGHT: Signer(s) Other Than Named Above
Date of Document
NgOhlAL NODWASSO M1M-81tite R•rnot A.,P.O. 0o.71184-Cor"A.lc01k e1304-7184
0
EXHIBIT "A"
Tract 10103 - Lots 20 and 21
9
ITEM 1: Construction of all on-site improvements and incidental grading in accordance
with Grading Permit No. 715-G and the Developer's plans and supporting
documents as listed below:
(A) Grading Plan for The Acreage prepared by David A. Boyle Engineering,
David A. Boyle, RCE No. 18559 dated March 1988.
(B) Geotechnical Report for The Acreage, prepared by Zeiser Geotechnical,
Inc., Henry F. Kling, No. 42395 dated March 25, 1988.
ITEM 2: Construction and placement of landscaping and irrigation in accordance with
approved plans for The Acreage as included in the above plans.
-4-
EXHIBIT "B"
U
CONDITIONS FOR COMPLETION OF IMPROVEMENTS
A. The construction of on-site improvements and incidental grading for this project
shall be in strict conformance with the grading plans and related documents as
described in Exhibit "A" and Grading Permit No. 715-G.
F. Contractor shall control dust to satisfaction of Building Official or his deputy.
During grading, Contractor shall keep water truck on site and dampen work area,
grounds, and loaded trucks.
C. Grading operations suspended during the rainy season shall be resumed no later than
15 days from date of suspension.
D. Installation of interim erosion control devices and systems shall commence within
seven (7) days after rough grade certification has been approved by the Building
Official and must be completed within fifteen (15) days of rough grade
certification. Final erosion control landscaping and irrigation systems shall be
installed prior to final inspection of the grading permit.
E. All work shall be performed in strict observation of the Hours of Operation in
accordance with San Juan Capistrano Municipal Code Section 8-107.
SIB
•
�Irllutx�e 1961
1776
August 2, 1993
Ms. Liz Albano
FN Projects
18400 Von Karman #900
Irvine, California 92714
Re:
Dear Ms. Albano:
MEMBERS OF THE CITY COUNCIL
COLLENE CAMPBELL
GARY L. HAUSOORFER
GIL JONES
CAROLYN NASH
JEFFVASOUEZ
CITY MANAGER
GEORGESCARBOROUGH
Attached is a certified copy of Statutory Performance Bond No. 554-
5617, issued by Safeco Insurance Company of America, in the amount
of $10,000. Said Performance Bond was given to the City as
security for grading and on-site improvements on Lots 20 and 21,
Tract 10103. Work has been completed to the satisfaction of the
City of San Juan Capistrano and the Statutory Performance Bond is
hereby released.
If you have any questions, please do not hesitate to call.
Very truly yours,
Dawn M. Schanderl
Deputy City Clerk
Attachment
cc: Daniel W. McFarland, Building & Safety Manager
Safeco Insurance Company of America
32400 PASEO ADELANTO, SAN JUAN CAPISTRANO, CALIFORNIA 92675 9 (714) 493-1171
9
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss
CITY OF SAN JUAN CAPISTRANO )
I, DAWN M. SCHANDERL, Deputy City Clerk of the City of
San Juan Capistrano, California, DO HEREBY CERTIFY that the
attached is a true and correct copy of the following document:
1. Statutory Performance Bond No. 554 5617 issued by Safeco
Insurance Company of America on August 1, 1991, in the
amount of $10,000.00, regarding grading and on-site
improvements, for Lots 20 and 21, Tract 10103, (FN
Projects).
(SEAL)
Dawn M. Sch`anderl, Deputy City
O
F�J
AELEASED Bond No. 554 5617
SI a 19 3 Premium: $100.00
DATE q STATUTORY PERFORMANCE BOND
INITIALS I i
7
KNOW ALL MEN THESE PRESENTS, that FN Projects. Inc.
as Principal, hereinafter called
CONTRACTOR, and Safeco Insurance Company of America
as Surety, hereinafter called SURETY, are held and firmly bound unto
the City of San Juan Capistrano, as Obligee, hereinafter called CITY,
in the amount of Ten Thousand and 00/100 ---------------------- Dollars
($ 10,000.00 ) for payment whereof Contractor and Surety bind them-
selves, their heirs, executors, administrators, successors, and
assigns, jointly and severally, fairly by these presents.
WHEREAS, Contractor is required to provide a faithful per-
formance bond pursuant to the statutory requirements of the San Juan
Capistrano Municipal Code to guarantee certain work, more particularly
described as follows: Tract #10103. Lots 20 and 21 grading and on -s; a
improvements.
NOW, THEREFORE, the condition of this obligation is such that,
if Principal shall promptly and faithfully perform said statutory
obligation, then this obligation shall be null and void; otherwise
it shall remain in full force and effect. Surety waives whatever
legal right it may have to require that a demand be made first against
the Principal in the event of default.
BE IT FURTHER RESOLVED, that:
I
1. As a part of the obligation secured hereby, and in addition
to the face amount specified, there shall be included costs and
I reasonable expenses and fees, including reasonable attorney's fees,
State of California l
County of Los Angeles JSS.
i
On this the1 No day of 6-u S> 19E/-, betore me,
ANGELA ANDERSON
the undersigned Notary Public, personally appeared
Carol Gallagher and Patt Frank
0 personally known tome
❑ proved to me on the basis of satisfactory evidence
to be the person(s) who executed the within instrument as
on behalf of the corporation therein
named, and acknowledged to me that the corporation executed it.
WITNESS my hand anqOicial sVI.
Notary's Signature
ATTENTION NOTARY: Alttaugh the infonnetlon requested below is OPTIONAL, it cold prevent freuddent attectxnent of this certificate to another docrnle it.
THIS CERTIFICATE Title or Type of Document ?Ee,-V,<A r,0iuC1E t�a.v.e xx SSy SCv / %
MUST BE ATTACHED Number of Pages Date of Document
TO THE DOCUMENT
DESCRIBED AT RIGHT: Signer(s) Other Than Named Above
STATE OF CALIFORNIA
County of San Francisco
on this
personally appeared
of
fUTnNxI N'1TxlH�CHYS.1xY1.AXIS Mn,n. 1,e.. Pft�71B..bm CA 91±01-7184
ACKNOWLEDGMENT BY SURETY
ss
, in the year 1991 before me
Notary Public
personally known to me (or proved to me on the basis of satisfactory evidence) to be the person whose name is subscribed to this
instrument as the Attorney -in -Fact and acknowledged to me that he (she) subscribed the name of
Safeco Insurance Company of America thereto as Surety and his (her) own name as Attorney -in -Fact.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my Official eal, at my office int a of esaid County, the day and
year in this certificate first above written.
LauRrunmonnnnononununuonnnuuunnnnn V\ , nS'
MARTHA M. G. SCROLL Martha M.G. Scholl Notary Public
NOTARY PUBLIC
SAN FRANCISCO COUNT Y, CALIFORN IAg
d' My commission expires Nov. 4,1994 a
s „s� 9z , ziee aRimnnnwouumuulonnnnnnoluuufuuanwNl�