¥ »i Interchange Corporate Center Liberty 450 Plymouth Road, Suite 400 Ml 1tl 1Sll Plymouth Meeting, PA19462-1644 lUUllUUn ph (61Q) 832.8240 SUBDIVISION BOND Bond Number: 022-051-790 NOWALL MEN BY THESE PRESENTS, that we ANGEL BROTHERS ENTERPRISES, LTD &DUTTON LAKE, LLC , as principal (the "Principal"), and Liberty Mutual Fire Insurance Company, a company organized under the laws of the State ofWisconsin, as surety (the "Surety"), are held and firmly bound unto CITY OF BAYTOWN TX , as obligee (the "Obligee"), in the penal sum of ONE MILLION, TWO HUNDRED TWENTY-FOUR THOUSAND, ONE HUNDRED TWENTY-NINE &50/100 Dollars ($ 1,224,129.50 ), for the payment of which sum well and truly to be made, the Principal and the Surety, bind ourselves, our heirs, executors, administrators, successors and assigns, jointly and severally, firmly by these presents. WHEREAS, the Principal has proposed to make certain improvements (the "Contract") described as follows: WINFREE OAKS SUBDIVISION, SECTION 2 WHEREAS, the Obligee has approved said improvements upon the execution and delivery of this bond. NOW THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH, that if the Principal shall promptly and faithfully complete said improvements in accordance with the present standard specification of the CITY OF BAYTOWN TX then this obligation shall be null and void; otherwise, it shall remain in full force and effect. PROVIDED AND SUBJECT TO THE CONDITIONS PRECEDENT: 1. No right of action shall accrue upon or by reason hereof, to or for the use or benefit of any person other than the Obligee named herein; furthermore, this Bond cannot be assigned absent the express written consent of the Surety. 2. The Surety's liability hereunder shall be commensurate with the extent of the building development that has taken place in the subdivision. 3. Notwithstanding any other provision of this bond or the Contract, or otherwise, the Surety is not responsible for and shall not be held liable to the Obligee for any hazardous waste removal and the Surety shall not be held liable to, or in any other respect be responsible to, the Obligee by way ofindemnity, claims or otherwise, orto any public authority or to any other person, firm or corporation, for or on account of any fines or claims by any public authority or for bodily injury or property damage to any person or thing, including, but not limited to, injuryor damage due to the release or threat of release of hazardous substances of any kind or damage to real estate or to the environment or clean-up costs or other damages of whatever kind or nature arising out of any act of commission or omission by the Principal, the Principal's agents, servants, employees, subcontractors or suppliers or any other person in connection with the performance of the Contract. This limitation applies regardless of when any such fine is assessed, claim is made, or injury, damage, release or threat of release occurs and without regard to any term or condition of the Contract. LMFIC-5400 1/2 Rev. 06/06 4. The Surety hereby waives notice of any alteration or extension of time made by the Obligee. 5. Any claims must be presented in writing to Liberty Mutual Fire Insurance Company to the attention of The Surety Law Department at the address indicated above. DATED as of this 24TH day of JULY , 20 15 WITNESS / ATTEST: . ANGEL BROTHERS ENTERPRISES, LTD (Principal) AmlttJL^ By: <^~^e£ (Seal) Name: Title: Chance Angel, Vice President IRAN6^C0MPANY TUAL FIRE INSURANe^QOMSANY Attorney-in-Fact Robert M. Overbey, Jr. LMFIC-5400 2/2 Rev. 03/04 4. The Surety hereby waives notice of any alteration or extension of time made by the Obligee. 5. Any claims must be presented in writing to Liberty Mutual Fire Insurance Company to the attention of The Surety Law Department at the address indicated above. DATED as of this 24TH day of JULY 20 15 DUTTON LAKE, LLC WITNESS / ATTEST: (Principal) ^ag£££ (Seal) AL FIRE INSURANCE COMPANY > *. Seal) Attorney-in-Fact Robert M. Overbey, Jr. LMFIC-5400 2/2 Rev. 03/04 THIS POWER OF ATTORNEY IS NOT VALID UNLESS IT IS PRINTED ON RED BACKGROUND. This Power of Attorney limits the acts of those named herein, and they have no authority to bind the Company except in the manner and to the extent herein stated. Certificate No. 6785562 LIBERTY MUTUAL FIRE INSURANCE COMPANY WAUSAU, WISCONSIN POWER OF ATTORNEY KNOW ALL PERSONS BY THESE PRESENTS: That Liberty Mutual Fire Insurance Company (the "Company"), a Wisconsin stock insurance company, through its Assistant Secretary, pursuant to and by authority of the Board of Directors hereinafter set forth, does hereby name, constitute and appoint, Carol E. Hock; Robert M. Overbey, Jr.; Suzonne P. Lawrence all of the city of Houston .state of _J_X each individually if there be more than one named, its true and lawful attorney-in-fact to make, execute, seal, acknowledge and deliver, for and on its behalf as surety and as its act and deed, any and all undertakings, bonds, recognizances and other surety obligationsin pursuance of these presents and shall be as binding upon the Company as ifthey had been dulysigned by the president and attested by the secretary of the Company in their own proper persons. That this power is made and executed pursuant to and by authority of the following Unanimous Consent and Vote of the Board of Directors dated May 21, 2013 wherein, among other things, it was : >> CO VOTED 03 •o to delegate authority to any officer(s) of the Company to appoint such attorneys-in-fact as may be necessary or desirable to act on behalf of the Company to make, execute, seal, acknowledge and deliver as surety any and all undertakings, bonds, recognizances and other surety obligations. Such attorneys-in-fact, subject to the limitations set forth in their respective powers of attorney, shall have full power to bind the Company by their signature and execution of any such instruments and to attach thereto the seal of the Company. When so executed such w a> 0) c that, pursuant to Article VI, Section 1 of the By-Laws, the Chairman, the President and the Secretary, either jointly or severally, are authorized v> (/) <u c 'w 3 S2 instruments shall be as binding as if signed by the President and attested by the Secretary. >. c (Q That the Resolution set forth above is a true copy thereof and is now in full force and effect. c 03 •o CD — D5 0 a> »m 3 0 CD *-> IN WITNESS WHEREOF, this Power of Attorney has been subscribed by an authorized officer or official of the Company and the corporate seal of Liberty Mutual Fire Insurance Company has been affixed thereto in Plymouth Meeting, Pennsylvania this t4th 03 5° CO 4/V *K < •*> , o David M. Carey, Assistant Secretary O COMMONWEALTH OF PENNSYLVANIA — CD o 0) C ss §03 ° £ COUNTY OF MONTGOMERY * I O 0 c 0J „ 1- <u a w <D a a> 0 c E o On this 14th day of November , 2014 before me, a Notary Public, personally came David M. Carey, to me known, and acknowledged that .<2o he is an Assistant Secretary of Liberty Mutual Fire Insurance Company; that he knows the seal of said corporation; and that he executed the above Power of Attorney and affixed the corporate seal of Liberty Mutual Fire Insurance Company thereto with the authority and at the direction of said corporation. x:o £* O c IN TESTIMONY WHEREOF, I have hereunto subscribed my name and affixed my notarial seal at Plymouth Meeting, Pennsylvania, on the day and year first above written. © it- 03 *- T3 > O CO c > a) Z EE 2 a •o c U , 2014 LIBERTY MUTUAL FIRE INSURANCE COMPANY > 3 m day of November ' ~ f cm Teresa Pastella, Notary Public j_ co c°? 3 O oo o CERTIFICATE I. the undersigned, an Assistant Secretary of Liberty Mutual Fire Insurance Company, do hereby certify that the original power of attorney of which the foregoing is a full, true and correct copy, is in full force and effect on the date of this certificate; and I do further certify that the officer or official who executed the said power of attorney was one of the officers or officials specially authorized by the Board of Directors to appoint attorneys-in-fact as provided in the Unanimous Consent and Vote of the Board of Directors of Liberty Mutual Fire Insurance Company dated May 21, 2013. This certificate and the above power of attorney may be signed by facsimile or mechanically reproduced signatures under and by authority of the Board of Directors of Liberty Mutual Fire Insurance Company evidenced by the Unanimous Consent and Vote of the Board of Directors dated June 28, 2006 wherein it was VOTED that the signatures of such officers and the seal of the Company may be affixed to any such power of attorney or to any certificate relating thereto by facsimile, and any such power of attorney or certificate bearing such facsimile signature and facsimile seal shall be valid and binding upon the Company when so affixed and in the future with respect to any surety undertakings, bonds, recognizances and other surety obligations to which it is attached. IN TESTIMONY WHEREOF, I have hereunto subscribed my name and affixed the corporate seal of the said company, this _ By. Gregory W. Davenport, Assistant Secretary LMS-16792 072013 _ day of Liberty Mutual SURETY Important Notice TO OBTAIN INFORMATION OR TO MAKE A COMPLAINT: You may write to Liberty Mutual Surety at: Liberty Mutual Surety Interchange Corporate Center 450 Plymouth Road, Suite 400 Plymouth Meeting, PA 19462-8284 You may contact the Texas Department of Insurance to obtain information on companies, coverages, rights or complaints at: 1-800-252-3439 You may write the Texas Department of Insurance: P.O. Box 149104 Austin, TX 78714-9104 Fax:(512)475-1771 Web: http://www.tdi.state.tx.us E-mail: [email protected] Premium or Claim Disputes Should you have a dispute concerning a premium, you should contact the agent first. If you have a dispute concerning a claim, you should contact the company first. If the dispute is not resolved, you may contact the Texas Department of Insurance. Attach This Notice To Your Policy: This notice is for information only and does not become a part or condition of the attached document. LMIC-3500 Page 1 of 2 Rev. 7.1.07 Liberty Mutual NOTIFICACION IMPORTANTE PARA OBTENER INFORMACION O REALIZAR UNA QUEJA: Usted puede escribirla notificacibn y dirigirla a Liberty Mutual Surety en la siguiente direccibn: Liberty Mutual Surety Interchange Corporate Center 450 Plymouth Road, Suite 400 Plymouth Meeting, PA 19462-8284 Usted puede contactar al Departamento de Seguros de Texas para obtener informacion acerca de las compafifas, coberturas, derechos o quejas: 1-800-252-3439 Usted puede escribir al Departamento de Seguros de Texas a la siguiente direccibn: P.O. Box 149104 Austin, TX 78714-9104 Fax:(512)475-1771 Web: http://www.tdi.state.tx.us E-mail: [email protected] Disputas acerca de primas o reclamos En caso de que usted quiera elevar una disputa concerniente al tema de primas, porfavor contacte en primer lugara su agente. Si el tema de la disputa es relativo a un reclamo, por favor contacte a la comparlfa de seguros en primer termino. Si usted considera que la disputa no es apropiadamente resuelta en estas instancias, entonces usted puede contactar al Departamento de Seguros de Texas.. Adjunte esta notificacion a su p6liza: Esta notificacibn es a los solos fines de su informaci6n y la misma no forma parte o condiciona de manera alguna el documento adjunto. LMIC-3500 Page 2 of 2 Rev. 7.1.07
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