/-OM
Riverstone North,Sec.2
RTOER
ROND NO. 764558S
To be attached and form a part of Bond No. 764558S dated the im day ofAHfiust, m4, executed
by Developers Surety and Indemnity Company as surety, on behalf of Meritage Homes of Texas,
TXC. an Arizona LLC as current principal ofrecord, and in favor ofFort Bend County, Texas, as
Obligee, and in the amount of One Hundred Twenty Seven Thousand Two Hundred Sixty and
00/100 Dollars fS127.260.00).
In consideration of the agreed premium charged for this bond, it is understood and agreed that
Developers Surety and Indemnity Company hereby consents thateffective from the 2^ day of
April, 2015. said bond shall be amended as follows:
THE BOND PENALTY SHALL BE Decreased:
FROM: One Hundred Twenty Seven Thousand Two Hundred Sixty and 00/100 Dollars
tSl 27.260.001
XO: Sixty Three Thousand Six Hundred Thirty and OO/IOQ Dollars ($63,630.00)
The Decrease of said bond penalty shall be effective as of the 2M day of Afiril, 2^, and does
hereby agree that the continuity of protection under said bond subject to changes in penalty shall
not be impaired hereby, provided that the aggregate liability of the above mentioned bond shall not
exceed the amount ofliability assumed by it at the time the act and/or acts ofdefault were
committed and in no eventshall such liability be cumulative.
Signed, sealed and dated this 23rd day ofApril. 2015.
Meritage Homes of Texas.-LLC. an Arizona LLC
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PRINCIPAL
Darin E. Rowe
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Vice President Finance
Developers Surety and Indemnity Company;
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"TTiT .
SliRETY/ - ,
Erin Brown, ATTORNIAVIN-%^^a^- ' -5
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POWER OF ATTORNEY FOR
DEVELOPERS SURETY AND INDEMNITY COMPANY
INDEMNITY COMPANY OF CALIFORNIA
PC Box 19725, IRVINE. OA 92623 (949) 263-3300
KNOW ALL BY THESE PRESENTS tftat except asexpressly Hmrted, DEVELOPERS SURETY AND INDEMNITY COMPANY and INDEMNITY COMPANY OF CAUfORNIA, do each
hereby make, constitute andappoint
•"David G. Jensen, Maryann Carafello, Vicki L. Breunig, Kristin D. Thurber, Erin Brown, jointly orseveraily"*
as their true and lawful Attomey(s)-in-FacL to make, execute, delhrer and acknowledge, for and on behalf of said corporations, as sureties, bonds, undertakings and contracts of
airelysNp giving and granting unto said Attomey(s)-in-Fact ful power and aulhorl^ to do and to perform every act necessary, requiate or proper to be done in connection therewith as
each of sad corporations could do, but reserving to each of said corporations full poww of substitution and revocation, and all of the acts of said Attomey(s)-in-Fact, pursuant to these
presents, arehereby ratified and confirmed.
This Power ofAttorney Is granted and Is signed by facsitrtle under and by authority of the foBowing resolutions adopted by the re^rectlve Boards of Directors of DEVELOPERS SURETY
AND INDEMNITY COVPANY aid INDEMNITY COMPANY OF CALIFORNIA, etfecth/e as ofJanuary isL 2008.
RESOLVED, that acombination of any two of toe Chairman of the Board, toe Present Executive Vice-Presiderrt, Serior Vice-President or any Vice Present of the
corporations be, and that each of Ihem hereby is. authorized to execute this Power ofAttorney, qu^ifying toe attomey(s) named mthe Power ofAttorney to execute, on behalf of toe
corporations, bonds, undertakings and contracts of surety^p; and thattoe Secretary or anyAssistant Secretary of either of the corporations be, and each of them hereby b, authorized
to attesttoeexecution ofanysuchPower ofAttorney;
RESOLVED, FURTHER, that the signatures of such offices may be affixed to any such Power of Attorney or to any certificate relating toereto by facsimile, and any such
Power ofAttorney or certificate bearing such facsimile signatures shall be valid and binding upon the corporations vtocn so affixed and in the future with respect to any bond, undertaking
orcontract ofsuretyship towhich itb attached.
IN WITNESS WHEREOF. DEVELOPERS SURETY AND INDEMNITY COMPANY and INDEMNITY COMPANY OF CALIFORNIA have severally caused these presenb to be signed by
thw respective officers and attested by their respective Secretary or Assistant Secretary this January 29.2015.
By:
Daniel Young, Senior Vice-Pre^dent
OCT.
: lu •
10
1936
(fp OCT. 5
lol
/P|
ISl
1967
1^1
v^/Fo^-y
MarkLansdon, Vice-President
Anotary public orother officer completing this certificate verifies only the identity ofthe individual who signed the
document to which this certificate is attached, and not the truthfulness, accuracy, or validityof that document.
State of California
County ofOrange
January 29.2015
Lucille Raymond. Notav Public
.befwame,
Kse lne«t Name aid TAb of tw Offioar
Mb
OOTel Young and Mark Lansdon
personaBy efipeared
Nan8(8) or Sgn«rta)
who proved to me on the basb of satbfactory evidence to bethe person(s) whose name{s) b/are ^bscribed
totoe witoin inSrument and acknowledged tome thShe/sherthey executed toesame in hb/herfthelr authorized
C8padty(ies), and that by hb/her/toeir 9gnature(s) on toe instrument the person(s), or toe 61% upwi behalf of
which toe pefson(s) acted,executed theInstrumenL
LUCILLE RAYMOND
Commlsilon # 206194S
Notary PuWIc - Ciltfornii
i
Orange County
j
My Comm. Expires Oct 13. 20161
Place Notary SealAbove
Icertify under PENALTY OF PERJURY under the laws of toe State of Cailfbmia that toe foregoing paragraph b
true and correct
WITNESS myhandand official seal.
Signature
nd. Notary Public
CERTIFICATE
The undersigned, asSeaetary or Assistant Secretary of DEVELOPERS SURETY AND INDEMNITY COMPANY or INDEMNITY COMPANY OF CALIFORNIA, does hereby
certify that the foregoing Power ofAttorney remains in full force and has not been revoked
fbftoermorqi.that the provbions of the resolutions of the respective Boards of Directors of
said corporations set forth in the Power of Attorney are in force as of toe date of this Ce^cate,.
ThisCertificate b executed Inthe City ofIrvine, C^omla, this
.Assbtant
ID-1380(Rev.01/15)