Cities Index.
Attachment C - Existing Securities

Victorville City Council
January 21, 2025

Document
Attachment C - Existing Securities
Meeting
January 21, 2025
Body
Victorville City Council
Original file
7.9 MB
Text extracted from the city's file for reading and search. Open the original on victorvilleca.primegov.com. That file is the official record.

Attachment C
Existing Securities

PUBLIC IMPROVEMENTS FAITHFUL PERFORMANCE BOND
(To Be Used With Subdivision Improvement Agreement or Construction/Excavation Permit) Tract/Case No.: 14741
Bond No.: 1155777
Premium: $19,996.00/2 years
WHEREAS, the City Council of the City of Victorville, County of San Bernardino, State of California, and K. Hovnanian CA Land Holdings, LLC (hereinafter "Principal") have entered into a Subdivision Improvement Agreement (hereinafter referred to as "Agreement") doing business under and by virtue of the laws of the State of California and duly licensed to conduct a general surety business in the State of California, as surety, whereby Principal agrees to install and complete certain designated public improvements, which said Agreement, dated _ 20_ _, and identified as Tract/Case No. 14741
STREET IMPROVEMENTS is hereby
referred to and made a part hereof; and,
WHEREAS, said Principal is required under the terms of said Agreement to furnish a bond for faithful performance of said Agreement.

NOW THEREFORE, we, the Principal and Lexon Insurance Company _ a corporation of the State of Texas - (hereinafter "Surety"), are held and firmly bound unto the City of Victorville, a municipal corporation (hereinafter "City") in the County of San Bernardino, State of California, and to and for the benefit of any and all persons who may suffer damages by breach of the conditions hereof, in the penal sum of One Million Four Hundred Twenty Eight Thousand Two Hundred Eighty Eight and 40/100 dollars, ($ 1,428,288.40), lawful money of the United States, for the payment of which sum well and truly to be made, we bind ourselves, our heirs, successors, executors and administrators, jointly and severally, firmly by these presents.

The condition of this obligation is such that if the above-bound 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, and provisions in the said Agreement and any alteration thereof made as therein provided, on his or their part, to be kept and performed at the time and in the manner therein specified, and in all respects according to their true intent and meaning, and shall indemnify and save harmless City, its officers, agents and employees, as therein stipulated, 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.

CCP:ccp
/shared/Development/Projects/SuretyRecovery/Forms/FPBond.Blank. 101211 Public Improvements
Faithful Performance Bond
Tract/Case No.: 144
Bond No.: 1155777
The Surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of the Agreement or to the work to be performed thereunder or the specifications accompanying the same shall in any manner affect its obligations on this bond, and it does hereby waive notice of any such change, extension of time, alteration or addition to the terms of the Agreement or to the work or to the specifications.

IN WITNESS WHEREOF, this instrument has been duly executed by the Principal and Surety above named, on April 6th , 2018
K. Hovnanian CA Land Holdings, LLC Lexon Insurance Company Name of Principal (Applicant) Name of Surety Company
By: By: Miti
Richard Valente, Attorney-in-Fact
By: By:

By: By:

Mailing Address:
12890 Lebanon Road
Address of Principal Address of Surety Company
Mount Juliet, TN 37122
City, State Zip Code City, State Zip Code

ABOVE-SIGNATORIES MUST BE NOTARIZED
APPROVED AS TO FORM:

Chuck Buquet, Risk Manager
City Attorney
CCP:ccp
shared/Developmen/Projects/SuretyRecovery/Forms/FPBond.Blank. 101211 •

ACKNOWLEDGMENT OF SURETY

STATE OF ILLINOIS

COUNTY OF COOK
APR 06 2018
appeared Richard Valente to me personally known, who, being by me duly sworn, did state that he is Attorney-in-Fact of Lexon Insurance Company, a corporation organized and existing under the laws of the State of Texas that the seal affixed to the foregoing instrument is the corporate seal of the said corporation, that the instrument was signed, sealed, and executed in behalf of said corporation by authority of its Board of Directors, and further acknowledged the said instrument and the execution thereof to be the voluntary act and deed of said corporation by him voluntarily executed.

IN WITNESS WHEREOF, I have hereunto subscribed by name and affixed my official seal the day and year first above written.

Rich We Dontime
Notary Public
(SEAU FICIAL SEAL COOK County, ILLINOIS
RITA M. DONOGHUE
Notary Public - State of illinois
My Commission Expires 5/30/2019

POWER OF ATTORNEY
LX- 324670
Lexon Insurance Company
KNOW ALL MEN BY THESE PRESENTS, that LEXON INSURANCE COMPANY, a Texas Corporation, with its principal office in Louisville, Kentucky, does hereby constitute and appoint: Christine Marotta, Debra Kohlman, Thomas P. Pluss, Richard Valente its true and lawful Attorneys)-In-Fact to make, execute, seal and deliver for, and on its behalf as surety, any and all bonds, undertakings or other writings obligatory in nature of a bond.

This authority is made under and by the authority of a resolution which was passed by the Board of Directors of LEXON INSURANCE COMPANY on the 1 day of July, 2003 as follows:

Resolved, that the President of the Company is hereby authorized to appoint and empower any representative of the Company or other person or persons as Attorney-In-Fact to execute on behalf of the Company any bonds, undertakings, policies, contracts of indemnity or other writings obligatory in nature of a bond not to exceed $3,000,000.00, Three Million dollars, which the Company might execute through its duly elected officers, and affix the seal of the Company thereto. Any said execution of such documents by an Attorney-In-Fact shall be as binding upon the Company as if they had been duly executed and acknowledged by the regularly elected officers of the Company. Any Attorney-In- Fact, so appointed, may be removed for good cause and the authority so granted may be revoked as specified in the Power of Attorney.

Resolved, that the signature of the President and the seal of the Company maybe affixed by facsimile on any power of attorney granted, and the signature of the Assistant Secretary, and the seal of the Company may be affixed by facsimile to any certificate of any such power and any such power or certificate bearing such facsimile signature and seal shall be valid and binding on the Company. Any such power so executed and sealed and certificate so executed and sealed shall, with respect to any bond of undertaking to which it is attached, continue to be valid and binding on the Company.

IN WITNESS THEREOF, LEXON INSURANCE COMPANY has caused this instrument to be signed by its President, and its Corporate Seal to be affixed this 5th day of August, 2015.

LEXON INSURANCE COMPANY

SEAL BY
David E. Campbell
President

ACKNOWLEDGEMENT
On this 5th day of August, 2015, before me, personally came David E. Campbell to me known, who be duly sworn, did depose and say that he is the President of EXON INSURANCE COMPANY, the corporation described in and which executed the above instrument; that he executed said instrument on behalf of the corporation by authority of his office under the By-laws of said corporation.

AMY TAYLOR Anu aylor
Notary Public- State of Tennessee BY
Davidson County Amy Taylo
Mv Commission Expires 07-08-19 Notary Public

CERTIFICATE
1, the undersigned, Assistant Secretary of LEXON INSURANCE COMPANY, A Texas Insurance Company, DO HEREBY CERTIFY that the original Power of Attorney of which the forgoing is a true and correct copy, is in full force and effect and has not been revoked and the resolutions as set forth are now in force.

APR 06 2018
Signed and Seal at Mount Juliet, Tennessee this Day of - 20

BY CASA
SEAL
Andrew Smith
Assistant Secretary
"WARNING: Any person who knowingly and with intent to defraud any insurance company or other person, files and application for insurance of claim containing any materially false information, or conceals for the purpose of misleading, information concerning any fact material thereto, commits a fraudulent insurance act, which is a crime and subjects such person to criminal and civil penalties." •

PUBLIC IMPROVEMENTS LABOR AND MATERIALS BOND
(To Be Used With Subdivision Improvement Agreement or Construction/Excavation Permit) Tract/Case No.: 14741
Bond No.: 1155777
Premium: Included w/ Performance Bond
WHEREAS, the City Council of the City of Victorville, County of San Bernardino, State of California, and K. Hovnanian CA Land Holdings, LLC entered into a Subdivision Improvement
Agreement. (hereinafter referred to as "agreement") whereby Principal agrees to install and complete certain designated public improvements, which said Agreement, dated _, 20 → and identified as Tract Case No.: 14141
for Luna Vista STREETS is hereby referred to and made a part hereof; and,
WHEREAS, under the terms of said Agreement, Principal is required, before entering upon the performance of the work, to file a good and sufficient payment bond with the City of Victorville to secure the claims to which reference is made in Title 15 (commencing with Section 3082), Part 4, Division 3, of the Civil Code of the State of California.

NOW THEREFORE, said Principal and Lexon Insurance Company _, doing business under and by virtue of the laws of the State of California and duly licensed to conduct a general surety business in the State of California, as surety, (hereinafter "Surety"), are held and firmly bound unto the City of Victorville, a municipal corporation (hereinafter "City") in the County of San Bernardino, State of California, and all contractors, subcontractors, laborers, material, men and other persons employed in the performance of the aforesaid Agreement and referred to in the aforesaid Code of Civil Procedure in the sum of Seven Hundred Fourteen Thousand One Hundred Forty Four and 20/100 dollars, ($ 714,144.20), lawful money of the United States, for materials furnished or labor thereon of any kind, or for amounts due under the Unemployment Insurance Act with respect to such work or labor, that said Surety will pay the same in an amount not exceeding the amount hereinabove set forth, and also in case suit is brought upon this bond, will pay, in addition to the face amount thereof, costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by City in successfully enforcing such obligation, to be awarded and fixed by the court, and to be taxed as costs and to be included in the judgment therein rendered:

It is hereby expressly stipulated and agreed that this bond shall inure to the benefit of any and all persons, companies and corporations entitled to file claims under Title 15 (commencing with Section 3082), Part 4, Division 3, of the Civil Code, so as to give a right of action to them or their assigns in any suit brought upon this bond.

Should the condition of this bond be fully performed, then this obligation shall Public Improvements
Labor & Materials Bond
Tract/Case No.: 14741
Bond No.: 1155777
become null and void, otherwise, it shall be and remain in full force and effect.

The Surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of the Agreement or to the work to be performed thereunder or the specifications accompanying the same shall in any manner affect its obligations on this bond, and it does hereby waive notice of any such change, extension of time, alteration or addition to the terms of the Agreement or to the work or to the specifications.

IN WITNESS WHEREOF, this instrument has been duly executed by the Principal and Surety above named, on April 6th - 2018
K. Hovnanian CA Land Holdings, LLC Lexon Insurance Company Name of Principal (Applicant) Name of Surety Company
By:. By:

Richard Valente, Attorney-in-Fact
By: _ By: _
By: By:

Mailing Address:
12890 Lebanon Road
Address of Principal Address of Surety Company
Mount Juliet. TN 37122
City, State Zip Code City, State Zip Code

ABOVE-SIGNATORIES MUST BE NOTARIZED
APPROVED AS TO FORM:

Chuck Buquet, Risk Manager
City Attorney
CCP: ccp
/shared/Development/Projects/SuretyRecovery/Forms/L&MBond.Blank. 101211 •

ACKNOWLEDGMENT OF SURETY

STATE OF ILLINOIS

COUNTY OF COOK
APR 06 2018
_, before me, a Notary Public in and for the above county, personally appeared Richard Valente to me personally known, who, being by me duly sworn, did state that he is Attorney-in-Fact of Lexon Insurance Company, a corporation organized and existing under the laws of the State of Texas that the seal affixed to the foregoing instrument is the corporate seal of the said corporation, that the instrument was signed, sealed, and executed in behalf of said corporation by authorit o is Bary ad a D decors said furoration byled tantarily exement and the execution thereof to be thi IN WITNESS WHEREOF, I have hereunto subscribed by name and affixed my official seal the day and year first above written.

Rich ill Dontime
Notary Public
(SEAUFFICIAL SEAL COOK County, ILLINOIS
RITA M. DONOGHUE
Notary Public - State of lilinois
My Commission Expires 5/30/2019

POWER OF ATTORNEY
LX- 324671
Lexon Insurance Company
KNOW ALL MEN BY THESE PRESENTS, that LEXON INSURANCE COMPANY, a Texas Corporation, with its principal office in Louisville, Kentucky, does hereby constitute and appoint: Christine Marotta, Debra Kohlman, Thomas P. Pluss, Richard Valente its true and lawful Attorneys)-In-Fact to make, execute, seal and deliver for, and on its behalf as surety, any and all bonds, undertakings or other writings obligatory in nature of a bond.

COMPANY on the 1s day of July, 2003 as follows: This authority is made under and by the authority of a resolution which was passed by the Board of Directors of LEXON INSURANCE Resolved, that the President of the Company is hereby authorized to appoint and empower any representative of the Company or other person or persons as Attorney-In-Fact to execute on behalf of the Company any bonds, undertakings, policies, contracts of indemnity or other writings obligatory in nature of a bond not to exceed $3,000,000.00, Three Million dollars, which the Company might execute through its duly elected officers, and affix the seal of the Company thereto. Any said execution of such documents by an Attorney-In-Fact shall be as binding upon the Company as if they had been duly executed and acknowledged by the regularly elected officers of the Company. Any Attorney-In- Fact, so appointed, may be removed for good cause and the authority so granted may be revoked as specified in the Power of Attorney.

Resolved, that the signature of the President and the seal of the Company may be affixed by facsimile on any power of attorney granted, and the signature of the Assistant Secretary, and the seal of the Company may be affixed by facsimile to any certificate of any such power and any such power or certificate bearing such facsimile signature and seal shall be valid and binding on the Company. Any such power so executed and sealed and certificate so executed and sealed shall, with respect to any bond of undertaking to which it is attached, continue to be valid and binding on the Company.

IN WITNESS THEREOF, LEXON INSURANCE COMPANY has caused this instrument to be signed by its President, and its Corporate Seal to be affixed this 5th day of August, 2015.

LEXON INSURANCE COMPANY
ОПРОМАТ

SEAL BY
David E. Campbell
President

ACKNOWLEDGEMENT
On this 5th day of August, 2015, before me, personally came David E. Campbell to me known, who be duly sworn, did depose and say that he is the President of LEXON INSURANCE COMPANY, the corporation described in and which executed the above instrument; that he executed said instrument on behalf of the corporation by authority of his office under the By-laws of said corporation.

AMY TAYLOR
Notary Public- State of Tennessee BY.

Davidson County Amy Taylor
Mv Commission Expires 07-08-19 Notary Public

CERTIFICATE
1, the undersigned, Assistant Secretary of LEXON INSURANCE COMPANY, A Texas Insurance Company, DO HEREBY CERTIFY that the original Power of Attorney of which the forgoing is a true and correct copy, is in full force and effect and has not been revoked and the resolutions as set forth are now in force.

APR 06 2018
Signed and Seal at Mount Juliet, Tennessee this Day of _ 20_

SURANCE CO
SEA BY
Andrew Smith
Assistant Secretary
"WARNING: Any person who knowingly and with intent to defraud any insurance company or other person, files and application for insurance of claim containing any materially false information, or conceals for the purpose of misleading, information concerning any fact material thereto, commits a fraudulent insurance act, which is a crime and subjects such person to criminal and civil penalties."

PUBLIC IMPROVEMENTS FAITHFUL PERFORMANCE BOND
(To Be Used With Subdivision Improvement Agreement or Construction/Excavation Permit) Tract/Case No.: 14741
Bond No.: 1155778
Premium: $300.00/2 years
WHEREAS, the City Council of the City of Victorville, County of San Bernardino, State of California, and K. Hovnanian CA Land Holdings, LLC (hereinafter "Principal") have entered into a Subdivision Improvement Agreement (hereinafter referred to as "Agreement") doing business under and by virtue of the laws of the State of California and duly licensed to conduct a general surety business in the State of California, as surety, whereby Principal agrees to install and complete certain designated public improvements, which said Agreement, dated _, 20] , and identified as Tract/Case No. 14741 for Luna Vista STORM DRAIN IMPROVEMENTS is hereby
referred to and made a part hereof; and,
WHEREAS, said Principal is required under the terms of said Agreement to furnish a bond for faithful performance of said Agreement.

NOW THEREFORE, we, the Principal and Lexon Insurance Company _ a corporation of the State of Texas , (hereinafter "Surety"), are held and firmly bound unto the City of Victorville, a municipal corporation (hereinafter "City") in the County of San Bernardino, State of California, and to and for the benefit of any and all persons who may suffer damages by breach of the conditions hereof, in the penal sum of Six Thousand Three Hundred Eighty and 00/100 6,380.00), lawful money of the United States, for the payment of which sum well and truly to be made, we bind ourselves, our heirs, successors, executors and administrators, jointly and severally, firmly by these presents.

The condition of this obligation is such that if the above-bound 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, and provisions in the said Agreement and any alteration thereof made as therein provided, on his or their part, to be kept and performed at the time and in the manner therein specified, and in all respects according to their true intent and meaning, and shall indemnify and save harmless City, its officers, agents and employees, as therein stipulated, 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.

CCP:ccp
Ishared/Development/Projects/SuretyRecovery/Forms/FPBond.Blank.101211 Public Improvements
Faithful Performance Bond
Tract/Case No.: 14741
Bond No.: 1155778
The Surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of the Agreement or to the work to be performed thereunder or the specifications accompanying the same shall in any manner affect its obligations on this bond, and it does hereby waive notice of any such change, extension of time, alteration or addition to the terms of the Agreement or to the work or to the specifications.

IN WITNESS WHEREOF, this instrument has been duly executed by the Principal and Surety above named, on April 6th _, 2018
K. Hovnanian CA Land Holdings, LLC Lexon Insurance Company Name of Principal (Applicant) Name of Surety Company
By: By:

Richard Valente, Attorney-in-Fact
By:. By:

By: By:

Mailing Address:
12890 Lebanon Road
Address of Principal Address of Surety Company
Mount Juliet, TN 37122
City, State Zip Code City, State Zip Code

ABOVE-SIGNATORIES MUST BE NOTARIZED
APPROVED AS TO FORM:

Chuck Buquet, Risk Manager
City Attorney
CCP:ccp
/shared/Development/Projects/SuretyRecovery/Forms/FPBond.Blank. 101211

ACKNOWLEDGMENT OF SURETY

STATE OF ILLINOIS

COUNTY OF COOK
APR 06 2018
_ before me, a Notary Public in and for the above county, personally appeared Richard Valente to me personally known, who, being by me duly sworn, did state that he is Attorney-in-Fact of Lexon Insurance Company, a corporation organized and existing under the laws of the State of Texas that the seal affixed to the foregoing instrument is the corporate seal of the said corporation, that the instrument was signed, sealed, and executed in behalf of said corporation by authority of its Board of Directors, and further acknowledged the said instrument and the execution thereof to be the voluntary act and deed of said corporation by him voluntarily executed.

IN WITNESS WHEREOF, I have hereunto subscribed by name and affixed my official seal the day and year first above written.

Notary Public
(SEAUFFICIAL SEAL COOK County, ILLINOIS
RITA M. DONOGHUE
Notary Public - State of Illinois
My Commission Expires 5/30/2019

POWER OF ATTORNEY
LX- 324672
Lexon Insurance Company
KNOW ALL MEN BY THESE PRESENTS, that LEXON INSURANCE COMPANY, a Texas Corporation, with its principal office in Louisville, Kentucky, does hereby constitute and appoint: Christine Marotta, Debra Kohlman, Thomas P. Pluss, Richard Valente its true and lawful Attorneys)-In-Fact to make, execute, seal and deliver for, and on its behalf as surety, any and all bonds, undertakings or other writings obligatory in nature of a bond.

COMPANY on the 1 day of July, 2003 as follows: This authority is made under and by the authority of a resolution which was passed by the Board of Directors of LEXON INSURANCE Resolved, that the President of the Company is hereby authorized to appoint and empower any representative of the Company or other person or persons as Attorney-in-Fact to execute on behalf of the Company any bonds, undertakings, policies, contracts of indemnity or other writings obligatory in nature of a bond not to exceed $3,000,000.00, Three Million dollars, which the Company might execute through its duly elected officers, and affix the seal of the Company thereto. Any said execution of such documents by an Attorney-In-Fact shall be as binding upon the Company as if they had been duly executed and acknowledged by the regularly elected officers of the Company. Any Attorney-In- Fact, so appointed, may be removed for good cause and the authority so granted may be revoked as specified in the Power of Attorney.

Resolved, that the signature of the President and the seal of the Company may be affixed by facsimile on any power of attorney granted, and the signature of the Assistant Secretary, and the seal of the Company may be affixed by facsimile to any certificate of any such power and any such power or certificate bearing such facsimile signature and seal shall be valid and binding on the Company. Any such power so executed and sealed and certificate so executed and sealed shall, with respect to any bond of undertaking to which it is attached, continue to be valid and binding on the Company.

IN WITNESS THEREOF, LEXON INSURANCE COMPANY has caused this instrument to be signed by its President, and its Corporate Seal to be affixed this 5th day of August, 2015.

LEXON INSURANCE COMPANY

SEAL BY
David E. Campbell
President

ACKNOWLEDGEMENT
On this 5th day of August, 2015, before me, personally came David E. Campbell to me known, who be duly sworn, did depose and say that he is the President of LEXON INSURANCE COMPANY, the corporation described in and which executed the above instrument; that he executed said instrument on behalf of the corporation by authority of his office under the By-laws of said corporation.

AMY TAYLOR
Notary Public- State of Tennessee BY
Davidson County my Taylo
Mv Commission Expires 07-08-19 Notary Public

CERTIFICATE
I, the undersigned, Assistant Secretary of EXON INSURANCE COMPANY, A Texas Insurance Company, DO HEREBY CERTIFY that the original Power of Attorney of which the forgoing is a true and correct copy, is in full force and effect and has not been revoked and the resolutions as set forth are now in force. APR 06 2018
Signed and Seal at Mount Juliet, Tennessee this _ Day of _ 20_

SURANCE CO

CORPORAT

SEAL BY-
Andrew Smith
Assistant Secretary
"WARNING: Any person who knowingly and with intent to defraud any insurance company or other person, files and application for insurance of claim containing any materially false information, or conceals for the purpose of misleading, information concerning any fact material thereto, commits a fraudulent insurance act, which is a crime and subjects such person to criminal and civil penalties."

PUBLIC IMPROVEMENTS LABOR AND MATERIALS BOND
(To Be Used With Subdivision Improvement Agreement or Construction/Excavation Permit) Tract/Case No.: 14741
Bond No.: 1155778
Premium: Included w/ Performance Bond
WHEREAS, the City Council of the City of Victorville, County of San Bernardino, State of California, and K. Hovnanian CA Land Holdings, LLC _ (hereinafter "Principal") have entered into a Subdivision Improvement Agreement (hereinafter referred to as "agreement") whereby Principal agrees to install and complete certain designated public improvements, which said Agreement, dated_ _ and identified as Tract/Case No.: 14741
for Luna Vista STORM DRAIN, is hereby referred to and made a part hereof; and,
with the City of Victorville to secure the claims to which reference is made in Title 15 (commencing with Section 3082), Part 4, Division 3, of the Civil Code of the State of California.

NOW THEREFORE, said Principal and Lexon Insurance Company _ doing business under and by virtue of the laws of the State of California and duly licensed to conduct a general surety business in the State of California, as surety, (hereinafter "Surety"), are held and firmly bound unto the City of Victorville, a municipal corporation (hereinafter "City") in the County of San Bernardino, State of California, and all contractors, subcontractors, laborers, material, men and other persons employed in the performance of the aforesaid Agreement and referred to in the aforesaid Code of Civil Procedure in the sum of Three Thousand One Hundred Ninety and 00/100 dollars, ($ 3,190.00 _); lawful money of the United States, for materials furnished or labor thereon of any kind, or for amounts due under the Unemployment Insurance Act with respect to such work or labor, that said Surety will pay the same in an amount not exceeding the amount hereinabove set forth, and also in case suit is brought upon this bond, will pay, in addition to the face amount thereof, costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by City in successfully enforcing such obligation, to be awarded and fixed by the court, and to be taxed as costs and to be included in the judgment therein rendered.

It is hereby expressly stipulated and agreed that this bond shall inure to the benefit of any and all persons, companies and corporations entitled to file claims under Title 15 (commencing with Section 3082), Part 4, Division 3, of the Civil Code, so as to give a right of action to them or their assigns in any suit brought upon this bond.

Should the condition of this bond be fully performed, then this obligation shall Public Improvements
Labor & Materials Bond
Tract/Case No.: 14741
Bond No.: 1155778
become null and void, otherwise, it shall be and remain in full force and effect.

The Surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of the Agreement or to the work to be performed thereunder or the specifications accompanying the same shall in any manner affect its obligations on this bond, and it does hereby waive notice of any such change, extension of time, alteration or addition to the terms of the Agreement or to the work or to the specifications.

IN WITNESS WHEREOF, this instrument has been duly executed by the Principal and Surety above named, on April 6th ,208
K. Hovnanian CA Land Holdings, LLC Lexon Insurance Company Name of Principal (Applicant) Name of Surety Company
By: By:

Richard Valente, Attorney-in-Fact
By: By:

By: By:

Mailing Address:
12890 Lebanon Road
Address of Principal Address of Surety Company
Mount Juliet, TN 37122
City, State Zip Code City, State Zip Code

ABOVE-SIGNATORIES MUST BE NOTARIZED
APPROVED AS TO FORM:

Chuck Buquet, Risk Manager
City Attorney
CCP:ccp
Ishared/Development/Projects/SuretyRecovery/Forms/L&MBond.Blank.101211 •

ACKNOWLEDGMENT OF SURETY

STATE OF ILLINOIS

COUNTY OF COOK
APR 06 2018
appeared Richard Valente to me personally known, who, being by me duly sworn, did state that he is _, before me, a Notary Public in and for the above county, personally Attorney-in-Fact of Lexon Insurance Company, a corporation organized and existing under the laws of the State of Texas that the seal affixed to the foregoing instrument is the corporate seal of the said corporation, that the instrument was signed, sealed, and executed in behalf of said corporation by authority of its Board of Directors, and further acknowledged the said instrument and the execution thereof to be the voluntary act and deed of said corporation by him voluntarily executed.

IN WITNESS WHEREOF, I have hereunto subscribed by name and affixed my official seal the day and year first above written.

Notary Public
OFFICIAL SEAL COOK County, ILLINOIS
RITA M. DONOGHUE
Notary Public - State of Illinois
My Commission Expires 5/30/2019

POWER OF ATTORNEY
LX- 324673
Lexon Insurance Company
KNOW ALL MEN BY THESE PRESENTS, that LEXON INSURANCE COMPANY, a Texas Corporation, with its principal office in Louisville, Kentucky, does hereby constitute and appoint: Christine Marotta, Debra Kohlman, Thomas P. Pluss, Richard Valente its true and lawful Attorneys)-In-Fact to make, execute, seal and deliver for, and on its behalf as surety, any and all bonds, undertakings or other writings obligatory in nature of a bond.

COMPANY on the 1% day of July, 2003 as follows: This authority is made under and by the authority of a resolution which was passed by the Board of Directors of LEXON INSURANCE Resolved, that the President of the Company is hereby authorized to appoint and empower any representative of the Company or other upon the Company as if they had been duly executed and acknowledged by the regularly elected officers of the Company. Any Attorney-In- Fact, so appointed, may be removed for good cause and the authority so granted may be revoked as specified in the Power of Attorney.

Resolved, that the signature of the President and the seal of the Company may be affixed by facsimile on any power of attorney granted, and the signature of the Assistant Secretary, and the seal of the Company may be affixed by facsimile to any certificate of any such power and any such power or certificate bearing such facsimile signature and seal shall be valid and binding on the Company. Any such power so executed and sealed and certificate so executed and sealed shall, with respect to any bond of undertaking to which it is attached, continue to be valid and binding on the Company.

IN WITNESS THEREOF, LEXON INSURANCE COMPANY has caused this instrument to be signed by its President, and its Corporate Seal to be affixed this 5th day of August, 2015.

LEXON INSURANCE COMPANY
SEAL
BY
David E. Campbell
President

ACKNOWLEDGEMENT
On this 5th day of August, 2015, before me, personally came David E. Campbell to me known, who be duly sworn, did depose and say that he is the President of LEXON INSURANCE COMPANY, the corporation described in and which executed the above instrument; that he executed said instrument on behalf of the corporation by authority of his office under the By-laws of said corporation.

AMY TAYLOR Amy Paulor
Notary Public- State of Tennessee BY
Davidson County Amy Taylor
Mv Commission Expires 07-08-19 Notary Public

CERTIFICATE
I, the undersigned, Assistant Secretary of LEXON INSURANCE COMPANY, A Texas Insurance Company, DO HEREBY CERTIFY that the original Power of Attorney of which the forgoing is a true and correct copy, is in full force and effect and has not been revoked and the resolutions as set forth are now in force.

APR 06 2018
Signed and Seal at Mount Juliet, Tennessee this Day of _ 20_

SEAL BY
Andrew Smith
Assistant Secretary
"WARNING: Any person who knowingly and with intent to defraud any insurance company or other person, files and application for insurance of claim containing any materially false information, or conceals for the purpose of misleading, information concerning any fact material thereto, commits a fraudulent insurance act, which is a crime and subjects such person to criminal and civil penalties."

PUBLIC IMPROVEMENTS FAITHFUL PERFORMANCE BOND
(To Be Used With Subdivision Improvement Agreement or Construction/Excavation Permit) Tract/Case No.: 14741
Bond No.: 1155779
Premium: $481.00/2 years
WHEREAS, the City Council of the City of Victorville, County of San Bernardino, State of California, and K. Hovnanian CA Land Holdings, LLC (hereinafter "Principal") have entered into a Subdivision Improvement Agreement (hereinafter referred to as "Agreement") doing business under and by virtue of the laws of the State of California and duly licensed to conduct a general surety business in the State of California, as surety, whereby Principal agrees to install and complete certain designated public improvements, which said Agreement, dated _, and identified as Tract/Case No. 14741 for Luna Vista SELLER IMPROVEMENTS is hereby
referred to and made a part hereof; and,
WHEREAS, said Principal is required under the terms of said Agreement to furnish a bond for faithful performance of said Agreement.

NOW THEREFORE, we, the Principal and Lexon Insurance Company _, a corporation of the State of Texas - (hereinafter "Surety"), are held and firmly bound unto the City of Victorville, a municipal corporation (hereinafter "City") in the County of San Bernardino, State of California, and to and for the benefit of any and all persons who may suffer damages by breach of the conditions hereof, in the penal sum of Thirty Four Thousand Three Hundred Sixty Six and 75/100 dollars, ($. 34,366.75), lawful money of the United States, for the payment of which sum well and truly to be made, we bind ourselves, our heirs, successors, executors and administrators, jointly and severally, firmly by these presents.

The condition of this obligation is such that if the above-bound 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, and provisions in the said Agreement and any alteration thereof made as therein provided, on his or their part, to be kept and performed at the time and in the manner therein specified, and in all respects according to their true intent and meaning, and shall indemnify and save harmless City, its officers, agents and employees, as therein stipulated, 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.

CCP:ccp
/shared/Development/Projects/SuretyRecovery/Forms/FPBond.Blank. 101211 Public Improvements
Faithful Performance Bonc
Tract/Case No.: 14741
Bond No.: 1155779
The Surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of the Agreement or to the work to be performed thereunder or the specifications accompanying the same shall in any manner affect its obligations on this bond, and it does hereby waive notice of any such change, extension of time, alteration or addition to the terms of the Agreement or to the work or to the specifications.

IN WITNESS WHEREOF, this instrument has been duly executed by the Principal and Surety above named, on April 6th , 2018
K. Hovnanian CA Land Holdings, LLC Lexon Insurance Company Name of Principal (Applicant) Name of Surety Company
By: By: Richard Valente, Attorney-in-Fact
By: By:

By: By:

Mailing Address:
12890 Lebanon Road
Address of Principal Address of Surety Company
Mount Juliet, TN 37122
City, State Zip Code City, State Zip Code

ABOVE-SIGNATORIES MUST BE NOTARIZED
APPROVED AS TO FORM:

Chuck Buquet, Risk Manager
City Attorney
CCP: ccp
Ishared/Development/Projects/SurelyRecovery/Forms/FPBond.Blank.101211

ACKNOWLEDGMENT OF SURETY

STATE OF ILLINOIS

COUNTY OF COOK
APR 06 2018 _, before me, a Notary Public in and for the above county, personally appeared Richard Valente to me personally known, who, being by me duly sworn, did state that he is Attorney-in-Fact of Lexon Insurance Company, a corporation organized and existing under the laws of the State of Texas that the seal affixed to the foregoing instrument is the corporate seal of the said corporation, that the instrument was signed, sealed, and executed in behalf of said corporation by authority of its Board of Directors, and further acknowledged the said instrument and the execution thereof to be the IN WITNESS WHEREOF, I have hereunto subscribed by name and affixed my official seal the day and year first above written.

Rich ill Dontme
Notary Public
(SEA UFFICIAL SEAL COOK County, ILLINOIS
RITA M. DONOGHUE
Notary Public - State of Iltinois
My Commission Expires 5/30/2019

POWER OF ATTORNEY
LX- 324674
Lexon Insurance Company
KNOW ALL MEN BY THESE PRESENTS, that LEXON INSURANCE COMPANY, a Texas Corporation, with its principal office in Louisville, Kentucky, does hereby constitute and appoint: Christine Marotta, Debra Kohlman, Thomas P. Pluss, Richard Valente its true and lawful Attorneys)-In-Fact to make, execute, seal and deliver for, and on its behalf as surety, any and all bonds, undertakings or other writings obligatory in nature of a bond
This authority is made under and by the authority of a resolution which was passed by the Board of Directors of EXON INSURANCE COMPANY on the 1" day of July, 2003 as follows:

Resolved, that the President of the Company is hereby authorized to appoint and empower any representative of the Company or other person or persons as Attorney-in-Fact to execute on behalf of the Company any bonds, undertakings, policies, contracts of indemnity or other writings obligatory in nature of a bond not to exceed $3,000,000.00, Three Million dollars, which the Company might execute through its duly elected officers, and affix the seal of the Company thereto. Any said execution of such documents by an Attorney-In-Fact shall be as binding upon the Company as if they had been duly executed and acknowledged by the regularly elected officers of the Company. Any Attorney-In- Fact, so appointed, may be removed for good cause and the authority so granted may be revoked as specified in the Power of Attorney.

Resolved, that the signature of the President and the seal of the Company may be affixed by facsimile on any power of attorney granted, and the signature of the Assistant Secretary, and the seal of the Company may be affixed by facsimile to any certificate of any such power and any such power or certificate bearing such facsimile signature and seal shall be valid and binding on the Company. Any such power so executed and sealed and certificate so executed and sealed shall, with respect to any bond of undertaking to which it is attached, continue to be valid and binding on the Company.

IN WITNESS THEREOF, LEXON INSURANCE COMPANY has caused this instrument to be signed by its President, and its Corporate Seal to be affixed this 5th day of August, 2015.

LEXON INSURANCE COMPANY

SEAL BY
David E Campbell
President

ACKNOWLEDGEMENT
On this 5th day of August, 2015, before me, personally came David E. Campbell to me known, who be duly sworn, did depose and say that he is the President of EXON INSURANCE COMPANY, the corporation described in and which executed the above instrument; that he executed said instrument on behalf of the corporation by authority of his office under the By-laws of said corporation.

AMY TAYLOR BY Any laufor
Notary Public- State of Tennessee
Davidson County Amy Taylor
Mv Commission Expires 07-08-19 Notary Public

CERTIFICATE
1, the undersigned, Assistant Secretary of LEXON INSURANCE COMPANY, A Texas Insurance Company, DO HEREBY CERTIFY that the original Power of Attorney of which the forgoing is a true and correct copy, is in full force and effect and has not been revoked and the resolutions as set forth are now in force.

APR 06 2018
Signed and Seal at Mount Juliet, Tennessee this Day of _ 20

SEAL BY
Andrew Smith
Assistant Secretary
"WARNING: Any person who knowingly and with intent to defraud any insurance company or other person, files and application for insurance of claim containing any materially false information, or conceals for the purpose of misleading, information concerning any fact material thereto, commits a fraudulent insurance act, which is a crime and subjects such person to criminal and civil penalties."

PUBLIC IMPROVEMENTS LABOR AND MATERIALS BOND
(To Be Used With Subdivision Improvement Agreement or Construction/Excavation Permit) Tract/Case No.: 14741
Bond No.: 1155779
Premium: Incided w/ Performance Bond
WHEREAS, the City Council of the City of Victorville, County of San Bernardino, State of California, and _K. Hovnanian CA Land Holdings, LLC (hereinafter "Principal") have entered into a Subdivision Improvemen Àgreement (hereinafter referred to as "agreement") whereby Principal agrees to install and complete certain designated public improvements, which said Agreement, dated_ _ For Luna Via Silend identied as here Case Ned to an
_ is hereby referred to and made a part
hereof; and,
WHEREAS, under the terms of said Agreement, Principal is required, before entering upon the performance of the work, to file a good and sufficient payment bond with the City of Victorville to secure the claims to which reference is made in Title 15 (commencing with Section 3082), Part 4, Division 3, of the Civil Code of the State of California.

NOW THEREFORE, said Principal and Lexon Insurance Company _ doing business under and by virtue of the laws of the State of California and duly licensed to conduct a general surety business in the State of Californla, as surety, (hereinafter "Surety"), are held and firmly bound unto the City of Victorville, a municipal corporation (hereinafter "City") in the County of San Bernardino, State of California, and all contractors, subcontractors, laborers, material, men and other persons employed in the performance of the aforesaid Agreement and referred to in the aforesaid Code of Civil Procedure in the sum of Seventeen Thousand One Hundred Eighty Three and 38/100 dollars, ($ _), lawful money of the United States, for materials furnished or labor thereon of any kind, or for amounts due under the Unemployment Insurance Act with respect to such work or labor, that said Surety will pay the same in an amount not exceeding the amount hereinabove set forth, and also in case suit is brought upon this bond, will pay, in addition to the face amount thereof, costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by City in successfully enforcing such obligation, to be awarded and fixed by the court, and to be taxed as costs and to be included in the judgment therein rendered.

It is hereby expressly stipulated and agreed that this bond shall inure to the benefit of any and all persons, companies and corporations entitled to file claims under Title 15 (commencing with Section 3082), Part 4, Division 3, of the Civil Code, so as to give a right of action to them or their assigns in any suit brought upon this bond.

Should the condition of this bond be fully performed, then this obligation shall Public Improvements
Labor & Materials Bond
Tract/Case No.: 14741
Bond No.: 1155779
become null and void, otherwise, it shall be and remain in full force and effect.

The Surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of the Agreement or to the work to be performed thereunder or the specifications accompanying the same shall in any manner affect its obligations on this bond, and it does hereby waive notice of any such change, extension of time, alteration or addition to the terms of the Agreement or to the work or to the specifications.

IN WITNESS WHEREOF, this instrument has been duly executed by the Principal and Surety above named, on April 6th , 2018
K. Hovnanian CA Land Holdings, LLC Lexon Insurance Company Name of Principal (Applicant) Name of Surety Company
By: By: Richais Valerie, Alarmey in Fact
By: By:

By: By:

Mailing Address:
12890 Lebanon Road
Address of Principal Address of Surety Company
Mount Juliet TN 37122
City, State Zip Code City, State Zip Code

ABOVE-SIGNATORIES MUST BE NOTARIZED
APPROVED AS TO FORM:

Chuck Buquet, Risk Manager
City Attorney
CCP:ccp
/shared/Developmen//Projects/SuretyRecovery/Forms/L&MBond.Blank.101211 •

ACKNOWLEDGMENT OF SURETY

STATE OF ILLINOIS

COUNTY OF COOK
APR 06 2018
appeared Richard Valente to me personally known, who, being by me duly sworn, did state that he is Attorney-in-Fact of Lexon Insurance Company, a corporation organized and existing under the laws of the State of Texas that the seal affixed to the foregoing instrument is the corporate seal of the said corporation, that the instrument was signed, sealed, and executed in behalf of said corporation by authority vols Bary ad and detof said torporation by it d the tail instrumet and the execution thereof to be the IN WITNESS WHEREOF, I have hereunto subscribed by name and affixed my official seal the day and year first above written.

Notary Public
Автобан
(SEALFFICIAL SEAL COOK County, ILLINOIS
RITA M. DONOGHUE
Notary Public - State of linois
My Commission Expires 5/30/2019

POWER OF ATTORNEY
LX- 324675
Lexon Insurance Company
KNOW ALL MEN BY THESE PRESENTS, that LEXON INSURANCE COMPANY, a Texas Corporation, with its principal office in Louisville, Kentucky, does hereby constitute and appoint: Christine Marotta, Debra Kohlman, Thomas P. Pluss, Richard Valente its true and lawful Attorneys)-In-Fact to make, execute, seal and deliver for, and on its behalf as surety, any and all bonds, undertakings or other writings obligatory in nature of a bond.

This authority is made under and by the authority of a resolution which was passed by the Board of Directors of LEXON INSURANCE COMPANY on the 1s day of July, 2003 as follows:

Resolved, that the President of the Company is hereby authorized to appoint and empower any representative of the Company or other person or persons as Attorney-In-Fact to execute on behalf of the Company any bonds, undertakings, policies, contracts of indemnity or other writings obligatory in nature of a bond not to exceed $3,000,000.00, Three Million dollars, which the Company might execute through its duly elected officers, and affix the seal of the Company thereto. Any said execution of such documents by an Attorney-In-Fact shall be as binding upon the Company as if they had been duly executed and acknowledged by the regularly elected officers of the Company. Any Attorney-In- Fact, so appointed, may be removed for good cause and the authority so granted may be revoked as specified in the Power of Attorney.

Resolved, that the signature of the President and the seal of the Company maybe affixed by facsimile on any power of attorney granted, and the signature of the Assistant Secretary, and the seal of the Company may be affixed by facsimile to any certificate of any such power and any such power or certificate bearing such facsimile signature and seal shall be valid and binding on the Company. Any such power so executed and sealed and certificate so executed and sealed shall, with respect to any bond of undertaking to which it is attached, continue to be valid and binding on the Company.

IN WITNESS THEREOF, LEXON INSURANCE COMPANY has caused this instrument to be signed by its President, and its Corporate Seal to be affixed this 5th day of August, 2015.

LEXON INSURANCE COMPANY
SEAL
BY
David E. Campbell
President

ACKNOWLEDGEMENT
On this 5th day of August, 2015, before me, personally came David E. Campbell to me known, who be duly sworn, did depose and say that he is the President of LEXON INSURANCE COMPANY, the corporation described in and which executed the above instrument; that he executed said instrument on behalf of the corporation by authority of his office under the By-laws of said corporation.

AMY TAYLOR Any laylor
BY
Notary Public- State of Tennessee
Davidson County
Mv Commission Expires 07-08-19 Notary Public

CERTIFICATE
I, the undersigned, Assistant Secretary of LEXON INSURANCE COMPANY, A Texas Insurance Company, DO HEREBY CERTIFY that the original Power of Attorney of which the forgoing is a true and correct copy, is in full force and effect and has not been revoked and the resolutions as set forth are now in force.

APR 06 2018
Signed and Seal at Mount Juliet, Tennessee this - Day of . 20

SEAL BY
Andrew Smith
Assistant Secretary
"WARNING: Any person who knowingly and with intent to defraud any insurance company or other person, files and application for insurance of claim containing any materially false information, or conceals for the purpose of misleading, information concerning any fact material thereto, commits a fraudulent insurance act, which is a crime and subjects such person to criminal and civil penalties."

PUBLIC IMPROVEMENTS FAITHFUL PERFORMANCE BOND
(To Be Used With Subdivision Improvement Agreement or Construction/Excavation Permit) Tract/Case No.: 14741
Bond No.: 1155776
Premium: $1,822.00/2 years
WHEREAS, the City Council of the City of Victorville, County of San Bernardino, State of California, and K. Hovnanian CA Land Holdings, LLC (hereinafter "Principal") have entered into a Subdivision Improvement Agreement (hereinafter referred to as "Agreement") doing business under and by virtue of the laws of the State of California and duly licensed to conduct a general surety business in the State of California, as surety, whereby Principal agrees to install and complete certain designated public improvements, which said Agreement, dated _ 20_ and identitied as ract Case No. 14/41 for Luna Vista NATER IMPROVEMENTS is hereby
referred to and made a part hereof; and,
WHEREAS, said Principal is required under the terms of said Agreement to furnish a bond for faithful performance of said Agreement.

NOW THEREFORE, we, the Principal and Lexon Insurance Company _ a corporation of the State of Texas _ (hereinafter "Surety"), are held and firmly bound unto the City of Victorville, a municipal corporation (hereinafter "City") in the County of San Bernardino, State of California, and to and for the benefit of any and all persons who may suffer damages by breach of the conditions hereof, in the penal sum of One Hundred Thirty Thousand One Hundred Fifty Seven and 50/100 dollars, ($ 130,157,50 _), lawful money of the United States, for the payment of which sum well and truly to be made, we bind ourselves, our heirs, successors, executors and administrators, jointly and severally, firmly by these presents.

The condition of this obligation is such that if the above-bound 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, and provisions in the said Agreement and any alteration thereof made as therein provided, on his or their part, to be kept and performed at the time and in the manner therein specified, and in all respects according to their true intent and meaning, and shall indemnify and save harmless City, its officers, agents and employees, as therein stipulated, then this obligation shall become null and void; otherwise, it shall be and remain in full force and 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.

CCP: ccp
/shared/Development/Projects/SuretyRecovery/Forms/FPBond.Blank. 101211 Public Improvements
Faithful Performance Bond
Tract/Case No.: 14741
Bond No.: 1155776
The Surety hereby stipulates and agrees that no change, extension of time, of time, alteration or addition to the terms of the Agreement or to the work or to the specifications.

IN WITNESS WHEREOF, this instrument has been duly executed by the Principal and Surety above named, on April 6th , 2018
K. Hovnanian CA Land Holdings, LLC Lexon Insurance Company Name of Principal (Applicant) Name of Surety Company
By: By:

Richard Valente, Attorney-in-Fact
By: By:

By: By: _
Mailing Address:
12890 Lebanon Road
Address of Principal Address of Surety Company
Mount Juliet, TN 37122
City, State Zip Code City, State Zip Code

ABOVE-SIGNATORIES MUST BE NOTARIZED
APPROVED AS TO FORM:

Chuck Buquet, Risk Manager
City Attorney
CCP: ccp
Ishared/DevelopmenUProjects/SuretyRecovery/Forms/FPBond.Blank.101211

ACKNOWLEDGMENT OF SURETY

STATE OF ILLINOIS

COUNTY OF COOK
APR 06 2018
_ before me, a Notary Public in and for the above county, personally appeared Richard Valente to me personally known, who, being by me duly sworn, did state that he is Attorney-in-Fact of Lexon Insurance Company, a corporation organized and existing under the laws of IN WITNESS WHEREOF, I have hereunto subscribed by name and affixed my official seal the day and year first above written.

Rich Il Dontime
Notary Public
(SEAL-FICIAL SEAL COOK County, ILLINOIS
RITA M. DONOGHUE
Notary Public - State of Illinois
My Commission Expires 5/30/2019

POWER OF ATTORNEY
LX- 324669
Lexon Insurance Company
KNOW ALL MEN BY THESE PRESENTS, that LEXON INSURANCE COMPANY, a Texas Corporation, with its principal office in Louisville, Kentucky, does hereby constitute and appoint: Christine Marotta, Debra Kohlman, Thomas P. Pluss, Richard Valente its true and lawful Attorneys)-In-Fact to make, execute, seal and deliver for, and on its behalf as surety, any and all bonds, undertakings or other writings obligatory in nature of a bond.

This authority is made under and by the authority of a resolution which was passed by the Board of Directors of LEXON INSURANCE COMPANY on the 1 day of July, 2003 as follows:

Resolved, that the President of the Company is hereby authorized to appoint and empower any representative of the Company or other person or persons as Attorney-In-Fact to execute on behalf of the Company any bonds, undertakings, policies, contracts of indemnity or other writings obligatory in nature of a bond not to exceed $3,000,000.00, Three Million dollars, which the Company might execute through its duly elected officers, and affix the seal of the Company thereto. Any said execution of such documents by an Attorney-In-Fact shall be as binding upon the Company as if they had been duly executed and acknowledged by the regularly elected officers of the Company. Any Attorney-In- Fact, so appointed, may be removed for good cause and the authority so granted may be revoked as specified in the Power of Attorney.

Resolved, that the signature of the President and the seal of the Company may be affixed by facsimile on any power of attorney granted, and the signature of the Assistant Secretary, and the seal of the Company may be affixed by facsimile to any certificate of any such power and any such power or certificate bearing such facsimile signature and seal shall be valid and binding on the Company. Any such power so executed and sealed and certificate so executed and sealed shall, with respect to any bond of undertaking to which it is attached, continue to be valid and binding on the Company.

IN WITNESS THEREOF, LEXON INSURANCE COMPANY has caused this instrument to be signed by its President, and its Corporate Seal to be affixed this 5th day of August, 2015.

LEXON INSURANCE COMPANY

SEAL BY
David E. Campbell
President

ACKNOWLEDGEMENT
On this 5th day of August, 2015, before me, personally came David E. Campbell to me known, who be duly sworn, did depose and say that he is the President of LEXON INSURANCE COMPANY, the corporation described in and which executed the above instrument; that he executed said instrument on behalf of the corporation by authority of his office under the By-laws of said corporation.

AMY TAYLOR any aylor
Notary Public- State of Tennessee BY.

Davidson County Amy Taylo
Mv Commission Expires 07-08-19 Notary Public

CERTIFICATE
I, the undersigned, Assistant Secretary of LEXON INSURANCE COMPANY, A Texas Insurance Company, DO HEREBY CERTIFY that the original Power of Attorney of which the forgoing is a true and correct copy, is in full force and effect and has not been revoked and the resolutions as set forth are now in force.

APR 06 2018
Signed and Seal at Mount Juliet, Tennessee this Day of _ 20_

SEAL BY
Andrew Smith
Assistant Secretary
"WARNING: Any person who knowingly and with intent to defraud any insurance company or other person, files and application for insurance of claim containing any materially false information, or conceals for the purpose of misleading, information concerning any fact material thereto, commits a fraudulent insurance act, which is a crime and subjects such person to criminal and civil penalties."

PUBLIC IMPROVEMENTS LABOR AND MATERIALS BOND
(To Be Used With Subdivision Improvement Agreement or Construction/Excavation Permit) Tract/Case No.: 14741
Bond No.: 1155776
Premium: Included w/ Performance Bond
WHEREAS, the City Council of the City of Victorville, County of San Bernardino, State of California, and K. Hovnanian CA Land Holdings, LLC (hereinafter "Principal") have entered into a Subdivision Improvement Agreement (hereinafter referred to as "agreement") whereby Principal agrees to install and complete certain designated public improvements, which said Agreement, dated _ and identified as Tract/Case No.: 14741
for Luna Vista WATER _ is hereby referred to and made a part hereof; and,
WHEREAS, under the terms of said Agreement, Principal is required, before entering upon the performance of the work, to file a good and sufficient payment bond with the City of Victorville to secure the claims to which reference is made in Title 15 (commencing with Section 3082), Part 4, Division 3, of the Civil Code of the State of California.

NOW THEREFORE, said Principal and Lexon Insurance Company _ doing business under and by virtue of the laws of the State of California and duly licensed to conduct a general surety business in the State of California, as surety, (hereinafter "Surety"), are held and firmly bound unto the City of Victorville, a municipal corporation (hereinafter "City") in the County of San Bernardino, State of California, and all contractors, subcontractors, laborers, material, men and other persons employed in the performance of the aforesaid Agreement and referred to in the aforesaid Code of Civil Procedure in the sum of Sixty Five Thousand Seventy Eight and 75/100 dollars, ($ _), lawful money of the United States, for materials furnished or labor thereon of any kind, or for amounts due under the Unemployment Insurance Act with respect to such work or labor, that said Surety will pay the same in an amount not exceeding the amount hereinabove set forth, and also in case suit is brought upon this bond, will pay, in addition to the face amount thereof, costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by City in successfully enforcing such obligation, to be awarded and fixed by the court, and to be taxed as costs and to be included in the judgment therein rendered.

It is hereby expressly stipulated and agreed that this bond shall inure to the benefit of any and all persons, companies and corporations entitled to file claims under Title 15 (commencing with Section 3082), Part 4, Division 3, of the Civil Code, so as to give a right of action to them or their assigns in any suit brought upon this bond.

Should the condition of this bond be fully performed, then this obligation shall Public Improvements
Labor & Materials Bond
Tract/Case No.: 14741
Bond No.: 1155776
become null and void, otherwise, it shall be and remain in full force and effect.

The Surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of the Agreement or to the work to be performed thereunder or the specifications accompanying the same shall in any manner affect its obligations on this bond, and it does hereby waive notice of any such change, extension of time, alteration or addition to the terms of the Agreement or to the work or to the specifications.

IN WITNESS WHEREOF, this instrument has been duly executed by the Principal and Surety above named, on April 6th - 2018
K. Hovnanian CA Land Holdings, LLC Lexon Insurance Company Name of Principal (Applicant) Name of Surety Company
By: By:

Richard Valente, Attorney-in-Fact
By: By:

By: By:

Mailing Address:
12890 Lebanon Road
Address of Principal Address of Surety Company
Mount Juliet TN 37122
City, State Zip Code City, State Zip Code

ABOVE-SIGNATORIES MUST BE NOTARIZED
APPROVED AS TO FORM:
-
Chuck Buquet, Risk Manager
City Attorney
CCP: cop
/shared/Developmen/Projects/SuretyRecovery/Forms/L&MBond.Blank. rojects/SuretyRecovery/Forms/L&MBond.Blank.101211

ACKNOWLEDGMENT OF SURETY

STATE OF ILLINOIS

COUNTY OF COOK
APR 06 2018
IN WITNESS WHEREOF, I have hereunto subscribed by name and affixed my official seal the day and year first above written.

Notary Public
SEAS FICIAL SEAL COOK County. ILLINOIS
RITA M. DONOGHUE
Notary Public - State of Illinois
My Commission Expires 5/30/2019

POWER OF ATTORNEY
LX- 324679
Lexon Insurance Company
KNOW ALL MEN BY THESE PRESENTS, that LEXON INSURANCE COMPANY, a Texas Corporation, with its principal office in Louisville, Kentucky, does hereby constitute and appoint: Christine Marotta, Debra Kohlman, Thomas P. Pluss, Richard Valente its true and lawful Attorneys)-In-Fact to make, execute, seal and deliver for, and on its behalf as surety, any and all bonds, undertakings or other writings obligatory in nature of a bond.

This authority is made under and by the authority of a resolution which was passed by the Board of Directors of LEXON INSURANCE COMPANY on the i day of July, 2003 as follows:

Resolved, that the President of the Company is hereby authorized to appoint and empower any representative of the Company or other person or persons as Attorney-In-Fact to execute on behalf of the Company any bonds, undertakings, policies, contracts of indemnity or other writings obligatory in nature of a bond not to exceed $3,000,000.00, Three Million dollars, which the Company might execute through its duly elected officers, and affix the seal of the Company thereto. Any said execution of such documents by an Attorney-In-Fact shall be as binding upon the Company as if they had been duly executed and acknowledged by the regularly elected officers of the Company. Any Attorney-In- Fact, so appointed, may be removed for good cause and the authority so granted may be revoked as specified in the Power of Attorney.

Resolved, that the signature of the President and the seal of the Company may be affixed by facsimile on any power of attorney granted, and the signature of the Assistant Secretary, and the seal of the Company may be affixed by facsimile to any certificate of any such power and any such power or certificate bearing such facsimile signature and seal shall be valid and binding on the Company. Any such power so executed and sealed and certificate so executed and sealed shall, with respect to any bond of undertaking to which it is attached, continue to be valid and binding on the Company.

IN WITNESS THEREOF, LEXON INSURANCE COMPANY has caused this instrument to be signed by its President, and its Corporate Seal to be affixed this 5th day of August, 2015.

LEXON INSURANCE COMPANY

SEAL BY
David E Campbell
President

ACKNOWLEDGEMENT
On this 5th day of August, 2015, before me, personally came David E. Campbell to me known, who be duly sworn, did depose and say that he is the President of EXON INSURANCE COMPANY, the corporation described in and which executed the above instrument; that he executed said instrument on behalf of the corporation by authority of his office under the By-laws of said corporation.

AMY TAYLOR Any laylor
Notary Public- State of Tennessee BY
Davidson County Amy Taylor
Mv Commission Expires 07-08-19 Notary Public

CERTIFICATE
1, the undersigned, Assistant Secretary of LEXON INSURANCE COMPANY, A Texas Insurance Company, DO HEREBY CERTIFY that the original Power of Attorney of which the forgoing is a true and correct copy, is in full force and effect and has not been revoked and the resolutions as set forth are now in force.

Signed and Seal at Mount Juliet, Tennessee this APR 26 2018 Day of
BY QuAA
SEAL
Andrew Smith
Assistant Secretary
"WARNING: Any person who knowingly and with intent to defraud any insurance company or other person, files and application for insurance of claim containing any materially false information, or conceals for the purpose of misleading, information concerning any fact material thereto, commits a fraudulent insurance act, which is a crime and subjects such person to criminal and civil penalties." :

PUBLIC IMPROVEMENTS FAITHFUL PERFORMANCE BOND
(To Be Used With Subdivision Improvement Agreement or Construction/Excavation Permit) Tract/Case No.: 14741
Bond No.: 1155781
Premium: $2,809.00/2 years
WHEREAS, the City Council of the City of Victorville, County of San Bernardino, State of California, and K. Hovnanian CA Land Holdings, LLC (hereinafter "Principal") have entered into a Subdivision Improvement Agreement (hereinafter referred to as "Agreement") doing business under and by virtue of the laws of the State of California and duly licensed to conduct a general surety business in the State of California, as surety, whereby Principal agrees to install and complete certain designated public improvements, which said Agreement, dated _ 20] _ and identified as Tract/Case No. 14741 for Luna Vista LMAD is hereby
referred to and made a part hereof; and,
WHEREAS, said Principal is required under the terms of said Agreement to furnish a bond for faithful performance of said Agreement.

NOW THEREFORE, we, the Principal and Lexon Insurance Company _, a corporation of the State of Texas _ (hereinafter "Surety"), are held and firmly bound unto the City of Victorville, a municipal corporation (hereinafter "City'") in the County of San Bernardino, State of California, and to and for the benefit of any and all persons who may suffer damages by breach of the conditions hereof, in the penal sum of Two Hundred Thousand Six Hundred Sixty Four and 42/100 dollars, ($ 200,664.42_), lawful money of the United States, for the payment of which sum well and truly to be made, we bind ourselves, our heirs, successors, executors and administrators, jointly and severally, firmly by these presents.

The condition of this obligation is such that if the above-bound 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, and provisions in the said Agreement and any alteration thereof made as therein provided, on his or their part, to be kept and performed at the time and in the manner therein specified, and in all respects according to their true intent and meaning, and shall indemnify and save harmless City, its officers, agents and employees, as therein stipulated, 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.

CCP: cop
/shared/Development/Projects/SuretyRecovery/Forms/FPBond.Blank. 101211 Public Improvements
Faithful Performance Bond
Tract/Case No.: 14741_
Bond No.: 1155781
The Surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of the Agreement or to the work to be performed thereunder or the specifications accompanying the same shall in any manner affect its obligations on this bond, and it does hereby waive notice of any such change, extension of time, alteration or addition to the terms of the Agreement or to the work or to the specifications.

IN WITNESS WHEREOF, this instrument has been duly executed by the Principal and Surety above named, on April 6th , 2018
K. Hovnanian CA Land Holdings, LLC Lexon Insurance Company Name of Principal (Applicant) Name of Surety Company
By: By:

Richard Valente, Attorney-in-Fact
By: By:

By: By:

Mailing Address:
12890 Lebanon Road
Address of Principal Address of Surety Company
Mount Juliet, TN 37122
City, State Zip Code City, State Zip Code

ABOVE-SIGNATORIES MUST BE NOTARIZED
APPROVED AS TO FORM:

Chuck Buquet, Risk Manager
City Attorney
CCP: ccp
Ishared/Development/Projects/SuretyRecovery/Forms/FPBond.Blank.101211 : :

ACKNOWLEDGMENT OF SURETY

STATE OF ILLINOIS

COUNTY OF COOK
APR 06 2018
appeared Richard Valente to me personally known, who, being by me duly sworn, did state that he is of its Board of Directors, and further acknowledged the said instrument and the execution thereof to be the voluntary act and deed of said corporation by him voluntarily executed.

IN WITNESS WHEREOF, I have hereunto subscribed by name and affixed my official seal the day and year first above written.

Pick lil Dontume
Notary Public
(SLAUFFICIAL SEAL COOK County, ILLINOIS
RITA M. DONOGHUE
Notary Public - State of Illinois
My Commission Expires 5/30/2019

POWER OF ATTORNEY
LX- 324677
Lexon Insurance Company
KNOW ALL MEN BY THESE PRESENTS, that LEXON INSURANCE COMPANY, a Texas Corporation, with its principal office in Louisville, Kentucky, does hereby constitute and appoint: Christine Marotta, Debra Kohlman, Thomas P. Pluss, Richard Valente its true and lawful Attorneys)-In-Fact to make, execute, seal and deliver for, and on its behalf as surety, any and all bonds, undertakings or other writings obligatory in nature of a bond.

This authority is made under and by the authority of a resolution which was passed by the Board of Directors of LEXON INSURANCE COMPANY on the 1 day of July, 2003 as follows
Resolved, that the President of the Company is hereby authorized to appoint and empower any representative of the Company or other person or persons as Attorney-In-Fact to execute on behalf of the Company any bonds, undertakings, policies, contracts of indemnity or other writings obligatory in nature of a bond not to exceed $3,000,000.00, Three Million dollars, which the Company might execute through its duly elected officers, and affix the seal of the Company thereto. Any said execution of such documents by an Attorney-In-Fact shall be as binding upon the Company as if they had been duly executed and acknowledged by the regularly elected officers of the Company. Any Attorney-In- Fact, so appointed, may be removed for good cause and the authority so granted may be revoked as specified in the Power of Attorney.

Resolved, that the signature of the President and the seal of the Company maybe affixed by facsimile on any power of attorney granted, and the signature of the Assistant Secretary, and the seal of the Company may be affixed by facsimile to any certificate of any such power and any such power or certificate bearing such facsimile signature and seal shall be valid and binding on the Company. Any such power so executed and sealed and certificate so executed and sealed shall, with respect to any bond of undertaking to which it is attached, continue to be valid and binding on the Company.

IN WITNESS THEREOF, LEXON INSURANCE COMPANY has caused this instrument to be signed by its President, and its Corporate Seal to be affixed this 5th day of August, 2015.

LEXON INSURANCE COMPANY
SEAL
BY
David E. Campbell
President

ACKNOWLEDGEMENT
On this 5th day of August, 2015, before me, personally came David E. Campbell to me known, who be duly sworn, did depose and say that he is the President of LEXON INSURANCE COMPANY, the corporation described in and which executed the above instrument; that he executed said instrument on behalf of the corporation by authority of his office under the By-laws of said corporation.

AMY TAYLOR BY anu aylor
Notary Public- State of Tennessee
Davidson County my Taylc
Mv Commission Expires 07-08-19 Notary Public

CERTIFICATE
1, the undersigned, Assistant Secretary of EXON INSURANCE COMPANY, A Texas Insurance Company, DO HEREBY CERTIFY that the original Power of Attorney of which the forgoing is a true and correct copy, is in full force and effect and has not been revoked and the resolutions as set forth are now in force.

Signed and Seal at Mount Juliet, Tennessee this _Day of APR 06 2268

SEAL BY
Andrew Smith
Assistant Secretary
OF T1
"WARNING: Any person who knowingly and with intent to defraud any insurance company or other person, files and application for insurance of claim containing any materially false information, or conceals for the purpose of misleading, information concerning any fact material thereto, commits a fraudulent insurance act, which is a crime and subjects such person to criminal and civil penalties."

PUBLIC IMPROVEMENTS LABOR AND MATERIALS BOND
(To Be Used With Subdivision Improvement Agreement or Construction/Excavation Permit) Tract/Case No.: 14741
Bond No.: 1155781
Premium: Included w/ Performance Bond
WHEREAS, the City Council of the City of Victorville, County of San Bernardino, State of California, and _K. Hovnanian CA Land Holdings, LLC into a Subdivision Improvement
Agreement (hereinafter referred to as "agreement" whereby Principal agrees to install and complete certain designated public improvements, which said Agreement, dated_ , and identified as Tract/Case No.: 1474
for Luna Vista _ is hereby referred to and made a part
hereof; and,
WHEREAS, under the terms of said Agreement, Principal is required, before entering upon the performance of the work, to file a good and sufficient payment bond with the City of Victorville to secure the claims to which reference is made in Title 15 (commencing with Section 3082), Part 4, Division 3, of the Civil Code of the State of California.

NOW THEREFORE, said Principal and Lexon Insurance Company _, doing business under and by virtue of the laws of the State of California and duly licensed to conduct a general surety business in the State of California, as surety, (hereinafter "Surety"), are held and firmly bound unto the City of Victorville, a municipal corporation (hereinafter "City") in the County of San Bernardino, State of California, and all contractors, subcontractors, laborers, material, men and other persons employed in the performance of the aforesaid Agreement and referred to in the aforesaid Code of Civil Procedure in the sum of One Hundred Thousand Three Hundred Thirty Two and 21/100 dollars, ($ 100,332.21 _, lawful money of the United States, for materials furnished or labor thereon of any kind, or for amounts due under the Unemployment Insurance Act with respect to such work or labor, that said Surety will pay the same in an amount not exceeding the amount hereinabove set forth, and also in case suit is brought upon this bond, will pay, in addition to the face amount thereof, costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by City in successfully enforcing such obligation, to be awarded and fixed by the court, and to be taxed as costs and to be included in the judgment therein rendered.

It is hereby expressly stipulated and agreed that this bond shall inure to the benefit of any and all persons, companies and corporations entitled to file claims under Title 15 (commencing with Section 3082), Part 4, Division 3, of the Civil Code, so as to give a right of action to them or their assigns in any suit brought upon this bond.

Should the condition of this bond be fully performed, then this obligation shall Public Improvements
Labor & Materials Bond
Tract/Case No.: 14741
Bond No.: 1155781
become null and void, otherwise, it shall be and remain in full force and effect.

The Surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of the Agreement or to the work to be performed thereunder or the specifications accompanying the same shall in any manner affect its obligations on this bond, and it does hereby waive notice of any such change, extension of time, alteration or addition to the terms of the Agreement or to the work or to the specifications.

IN WITNESS WHEREOF, this instrument has been duly executed by the Principal and Surety above named, on April 6th , 2018
K. Hovnanian CA Land Holdings, LLC Lexon Insurance Company Name of Principal (Applicant) Name of Surety Company
By: By:

Richard Valente, Attorney-in-Fact
By: By:

By: By:

Mailing Address:
12890 Lebanon Road
Address of Principal Address of Surety Company
Mount Juliel, TN 37122
City, State Zip Code City, State Zip Code

ABOVE-SIGNATORIES MUST BE NOTARIZED
APPROVED AS TO FORM:

Chuck Buquet, Risk Manager
City Attorney
CCP:ccp
Ishared/Development/Projects/SuretyRecovery/Forms/L&MBond.Blank.101211

ACKNOWLEDGMENT OF SURETY

STATE OF ILLINOIS

COUNTY OF COOK
APR 06 2018
_ before me, a Notary Public in and for the above county, personally corporation, that the instrument was signed, sealed, and executed in behalf of said corporation by authority of its Board of Directors, and further acknowledged the said instrument and the execution thereof to be the IN WITNESS WHEREOF, I have hereunto subscribed by name and affixed my official seal the day and year first above written.

Rich Il Dontime
Notary Public
(SEAL FICIAL SEAL COOK County, ILLINOIS
RITA M. DONOGHUE
Notary Public - State of Illinois
My Commission Expires 5/30/2019

POWER OF ATTORNEY
LX- 324678
Lexon Insurance Company
KNOW ALL MEN BY THESE PRESENTS, that LEXON INSURANCE COMPANY, a Texas Corporation, with its principal office in Louisville, Kentucky, does hereby constitute and appoint: Christine Marotta, Debra Kohlman, Thomas P. Pluss, Richard Valente its true and lawful Attorneys)-In-Fact to make, execute, seal and deliver for, and on its behalf as surety, any and all bonds, undertakings or other writings obligatory in nature of a bond.

This authority is made under and by the authority of a resolution which was passed by the Board of Directors of LEXON INSURANCE COMPANY on the is day of July, 2003 as follows:

Resolved, that the President of the Company is hereby authorized to appoint and empower any representative of the Company or other person or persons as Attorney-In-Fact to execute on behalf of the Company any bonds, undertakings, policies, contracts of indemnity or other writings obligatory in nature of a bond not to exceed $3,000,000.00, Three Million dollars, which the Company might execute through its duly elected officers, and affix the seal of the Company thereto. Any said execution of such documents by an Attorney-In-Fact shall be as binding upon the Company as if they had been duly executed and acknowledged by the regularly elected officers of the Company. Any Attorney-In- Fact, so appointed, may be removed for good cause and the authority so granted may be revoked as specified in the Power of Attorney.

Resolved, that the signature of the President and the seal of the Company maybe affixed by facsimile on any power of attorney granted, and the signature of the Assistant Secretary, and the seal of the Company may be affixed by facsimile to any certificate of any such power and any such power or certificate bearing such facsimile signature and seal shall be valid and binding on the Company. Any such power so executed and sealed and certificate so executed and sealed shall, with respect to any bond of undertaking to which it is attached, continue to be valid and binding on the Company.

IN WITNESS THEREOF, LEXON INSURANCE COMPANY has caused this instrument to be signed by its President, and its Corporate Seal to be affixed this 5th day of August, 2015.

LEXON INSURANCE COMPANY

CORPORAT

SEAL BY
David E Campbell
President

ACKNOWLEDGEMENT
On this 5th day of August, 2015, before me, personally came David E. Campbell to me known, who be duly sworn, did depose and say that he is the President of EXON INSURANCE COMPANY, the corporation described in and which executed the above instrument; that he executed said instrument on behalf of the corporation by authority of his office under the By-laws of said corporation.

AMY TAYLOR Anu laylor
Notary Public- State of Tennessee BY
Davidson County my Taylo
My Commission Expires 07-08-19 Notary Public

CERTIFICATE
1, the undersigned, Assistant Secretary of LEXON INSURANCE COMPANY, A Texas Insurance Company, DO HEREBY CERTIFY that the original Power of Attorney of which the forgoing is a true and correct copy, is in full force and effect and has not been revoked and the resolutions as set forth are now in force.

Signed and Seal at Mount Juliet, Tennessee this APR 06 2018 _Day of

BY CASA
SEAL
Andrew Smith
Assistant Secretary
"WARNING: Any person who knowingly and with intent to defraud any insurance company or other person, files and application for insurance of claim containing any materially false information, or conceals for the purpose of misleading, information concerning any fact material thereto, commits a fraudulent insurance act, which is a crime and subjects such person to criminal and civil penalties."

MONUMENTATION PERFORMANCE BOND
(To Be Used With Subdivision Improvement Agreement)
Tract/Case No.: 14741
Bond No.: 1155780
Premium: $604.00/2 years
LET IT BE KNOWN BY THESE PRESENT, that K. Hovnanian CA Land Holdings, LLC as the subdivider (hereinafter "Principal"), and Lexon Insurance Company _, doing business under and by virtue of the laws of the State of California and july licensed to conduct a general surety business in the State of California, as surety hereinafter "Surety"), are held and firmly bound unto the City of Victorville, a municipa corporation (hereinafter "City"), in the County of San Bernardino, State of California, and to and for the benefit of any and all persons who may suffer damage by reason of the breach of the conditions hereof, in the penal sum of Forty Three Thousand One Hundred Nine and 00/100 dollars ($_ 43,109.00) lawful money of the United States, to be paid to City.

WHEREAS, Principal is presently engaged in subdividing certain lands to be known as Tract Map/Parcel Map/Case No. 14741 located at Luna Vista in the City of Victorville; and,
WHEREAS, Principal and City have entered into a Subdivision Improvement Agreement and recorded with the San Bernardino County Recorder per Document No. . _ (hereinafter referred to as "Agreement") whereby
Principal agrees to install durable survey monuments for said subdivision, which said Agreement, dated and identified as Tract
Map/Parcel Map/Case No. 14741 _ is hereby referred to and made a part hereof; and,
WHEREAS, Principal desires to not install durable survey monuments prior to the recordation of the final map of the subdivision and desires to install same at a later date,
NOW, THEREFORE, the condition of the above obligation is that if Principal shall have installed durable monuments of the survey by
(Name of Licensed Civil Engineer or
Land Surveyor) in accordance with the final map of said subdivision, a copy of which said map is hereby made and same is incorporated herein as though set forth in full, and according to the ordinances of the City of Victorville in full force and effect at the time of the giving of this bond, on or before the expiration of thirty (30) consecutive days following completion and acceptance of public improvements within said subdivision as specified in said Agreement, then the obligation shall be void, otherwise to be and remain in full force and effect.

CCP:ccp
/shared/Development/Projects/SuretyRecovery/Forms/MonumentationBond.Blank. 101311 Monumentation Performance Bond
Tract/Case No.: 14741
Bond No.: 1155780
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, and 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.

IN WITNESS WHEREOF, this instrument has been duly executed by the Principal and Surety above named, on April 6th , 2018
K. Hovnanian CA Land Holdings, LLC Lexon Insurance Company Name of Principal (Applicant) Name of Surety Company
By:. By: Richard Valenie, Altorney in-Fact
By: By:

By: By:

Mailing Address:
12890 Lebanon Road
Address of Principal Address of Surety Company
Mount Juliet, TN 37122
City, State Zip Code City, State Zip Code

ABOVE-SIGNATORIES MUST BE NOTARIZED
APPROVED AS TO FORM:

Chuck Buquet, Risk Manager
City Attorney
CCP:ccp
shared/Development/Projects/SuretyRecovery/Forms/MonumentationBond.Blank. 101311

ACKNOWLEDGMENT OF SURETY

STATE OF ILLINOIS

COUNTY OF COOK
APR 06 2018
_ before me, a Notary Public in and for the above county, personally appeared Richard Valente to me personally known, who, being by me duly sworn, did state that he is Attorney-in-Fact of Lexon Insurance Company, a corporation organized and existing under the laws of the State of Texas that the seal affixed to the foregoing instrument is the corporate seal of the said corporation, that the instrument was signed, sealed, and executed in behalf of said corporation by authority of its Board of Directors, and further acknowledged the said instrument and the execution thereof to be the voluntary act and deed of said corporation by him voluntarily executed.

IN WITNESS WHEREOF, I have hereunto subscribed by name and affixed my official seal the day and year first above written.

Can I Dontime
Notary Public
(SEA UFFICIAL SEAL COOK County, ILLINOIS
RITA M. DONOGHUE
Notary Public - State of Illinois
My Commission Expires 5/30/2019

POWER OF ATTORNEY
LX- 324676
Lexon Insurance Company
KNOW ALL MEN BY THESE PRESENTS, that LEXON INSURANCE COMPANY, a Texas Corporation, with its principal office in Louisville, Kentucky, does hereby constitute and appoint: Christine Marotta, Debra Kohlman, Thomas P. Pluss, Richard Valente its true and lawful Attorney(s)-In-Fact to make, execute, seal and deliver for, and on its behalf as surety, any and all bonds, undertakings or other writings obligatory in nature of a bond.

COMPANY on the 1" day of July, 2003 as follows: This authority is made under and by the authority of a resolution which was passed by the Board of Directors of LEXON INSURANCE Resolved, that the President of the Company is hereby authorized to appoint and empower any representative of the Company or other person or persons as Attorney-In-Fact to execute on behalf of the Company any bonds, undertakings, policies, contracts of indemnity or other writings obligatory in nature of a bond not to exceed $3,000,000.00, Three Million dollars, which the Company might execute through its duly elected officers, and affix the seal of the Company thereto. Any said execution of such documents by an Attorney-in-Fact shall be as binding upon the Company as if they had been duly executed and acknowledged by the regularly elected officers of the Company. Any Attorney-In- Fact, so appointed, may be removed for good cause and the authority so granted may be revoked as specified in the Power of Attorney.

Resolved, that the signature of the President and the seal of the Company may be affixed by facsimile on any power of attorney granted, and the signature of the Assistant Secretary, and the seal of the Company may be affixed by facsimile to any certificate of any such power and any such power or certificate bearing such facsimile signature and seal shall be valid and binding on the Company. Any such continue to be valid and binding on the Company. power so executed and sealed and certificate so executed and sealed shall, with respect to any bond of undertaking to which it is attached, Seal to be affixed this 5th day of August, 2015. IN WITNESS THEREOF, LEXON INSURANCE COMPANY has caused this instrument to be signed by its President, and its Corporate

LEXON INSURANCE COMPANY
SEAL
BY
David E Campbell
President

ACKNOWLEDGEMENT
that he is the President of LEXON INSURANCE COMPANY, the corporation described in and which executed the above instrument; that he On this 5th day of August, 2015, before me, personally came David E. Campbell to me known, who be duly sworn, did depose and say executed said instrument on behalf of the corporation by authority of his office under the By-laws of said corporation.

AMY TAYLOR Any laylor
Notary Public- State of Tennessee BY
Davidson County Amy Taylor
My Commission Expires 07-08-19 Notary Public

CERTIFICATE
1, the undersigned, Assistant Secretary of LEXON INSURANCE COMPANY, A Texas Insurance Company, DO HEREBY CERTIFY that the original Power of Attorney of which the forgoing is a true and correct copy, is in full force and effect and has not been revoked and the resolutions as set forth are now in force.

Signed and Seal at Mount Juliet, Tennessee this APR 06 2018 Day of _ 20

AURANGE CON

SEAL BY
Andrew Smith
Assistant Secretary
"WARNING: Any person who knowingly and with intent to defraud any insurance company or other person, files and application for insurance of claim containing any materially false information, or conceals for the purpose of misleading, information concerning any fact material thereto, commits a fraudulent insurance act, which is a crime and subjects such person to criminal and civil penalties."

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