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HomeMy WebLinkAboutS_Permit_Bond_1151522_U16005573_171030.pdfPrintForm[ResetFormISaveForm==ICDEVELOPMENTRefltOflQPERMITBONDBondNumber:i)5\5ProjectName:Fik4E’VSiOTPL49KNOWALLMENBYTHESEPRESENT;thatwe2FOCsflgzafl1DNLLCof‘252543g,EDfl=!-k_LCasPrincipal,andIi2)cOMINSu%r4Vci’CoaCorporation,asSurety,areheldandfirmlybounduntotheCityofRenton,amunicipalcorporationoftheStateofWashington,inthesumof$(334A4talawfulmoneyoftheUnitedStatesofAmerica,forthepaymentofwhich,willandtrulytobemade,wefirmlybindourselves,andeachofourheirs,executors,administratorsandassigns,jointlyandseverallybythesepre5ent.THECONDITIONOFTHEFOREGOINGOBLIGATIONSISSUCH,thatWHEREAS,theabovenamedPrincipalhasappliedforapermit,pur5uanttotheprovisionsofOrdinanceNo.3205,todocertainworkonaCityofRentonroadway,street,alley,avenue,orotherpublicplace,duringaperiodendingvPorCpfl1PLrIoNNOWTHEREFORE,iftheabovenamedPrincipalshallindemnifyandsaveharmlesstheCityofRenton,fromallclaims,actionsordamagesofeverykindanddescription,whichmayaccrueasaresultofopeningand/orworkinguponaroadway,street,alley,avenue,publiceasement,orotherpublicplace,byhimorthoseinhisemploy,ininstallingormakingconnectionswithanypublicorprivatesewerorwatersystem,oranyotherpurposeorobjectwhatever,andthathewillreplaceandrestoresuchroadway,street,avenue,alleyorotherpublicplacetoasgoodastateorconditionasatthetimeofthecommencementofsaidwork,andmaintainthesameingoodordertothedecidedsatisfactionoftheCityofRenton,andthathewillcomplywithallprovisionsofhisortheirfranchiseofourpermitandallresolutionsorinstrumentsrelatingthereto,thisobligationtobevoid;otherwisetoremaininfullforceandeffect.TheliabilityunderthisbondisforaperiodofoneyearfromOCT.Sn120/7toN/AandmaybeextendedbythesuretyissuingaContinuationCertificate.Sealedwithourseylt1ihis‘7dayof_ ___ _ ___ _ ___ ,2012BY:_________________________________BY:_________________________________SignatureofBondingAgent..,j,/,pAttachPowerofAttorneyFormtoBond45//a12617/‘Includecontactinformation.Applicant’sAddresserna/66ckCity,State,ZipH:\CED\Data\Forms-Tempiates\SeJf.HeipHandouts\PubIicWorks\PERMITBOND.docxRev:04/2015 SUBDIVISIONIMPROVEMENTSPERFORMANCEBONDBONDNO.1151522KNOWALLMENBYTIIESEPRESENTS:Thatwe,2525AberdeenLLC,asPrincipal.andLexonInsuranceCompany,acorporationorganizedanddoingbusinessunderandbyvirtueofthelawsoftheStateofTexasanddulylicensedtoconductageneralsuretybusinessintheStateofWashingtonasSurety,areheldandfirmlybounduntothe___ _ __ __ _ __ __ _ __ __ _CityofRentonasObligee,inthepenalsumofOneHundredThirtyThreeThousandFourHundredEightyFourand62/100— -———-- --—————-—————————--—- -————————--— - -—-(S_13348462)Dollars,forwhichpayment,wellandtrulytobemade,webindourselves,ourheirs,successors,executorsandadministrators,jointlyandseverallyfirmlybythesepresents.THECONDITIONOF‘FIlEOBLIGATIONISSUCHTHAT:WhereastheObligeeandPrincipalhaveenteredintoanagreementwherebyPrincipalagreestoinstallandcompletecertaindesignatedpublicimprovements,whichagreement,identifiedasFinley4-LotShortPlat-Installationoffrontageimprovements,waterandsewermainextensionsandindividuallotBMPs-isherebyreferredtoandmadeapanhereof;andWhereas,saidPrincipalisrequiredunderthetermsofsaidagreementtofurnishabondforthefaithfulperformanceofsaidagreement.Nowtherefore,theconditionofthisobligationissuchthatiftheaboveboundenPrincipal,hisoritsheirs,executors,administrators,successorsorassigns,shallinallthingsstandtoandabideby,wellandtrulykeepandperformthecovenants,conditionsandprovisionsinthesaidagreementandanyalterationthereofmadeasthereinprovided,onhisortheirpan,tobekepiandperformedatthetimeandinthemannerthereinspecified,andinallrespectsaccordingtotheirtrueintentandmeaning,andshallindemnif5’andsaveharmlessObligee.itsofficers,agentsandemployees,asthereinstipulated,thenthisobligationshallbecomenullandvoid:othenviseitshaltbeandremaininfullforceandeffect.Asapanoftheobligationsecuredherebyandinadditiontothepenalsumspecifiedtlterefor,thereshallbeincludedcostsandreasonableexpensesandfees,includingreasonableattorney’slees,incurredbyOblieceinsuccessfullyenforcingsuchobligation,alltobetaxedascostsandincludedinanyjudgementrendered.TheSuretyherebystipulatesandagreesthatnochange,extensionoftime,alterationoradditiontothetermsoftheagreementortotheworktobeperformedthereunderorthespecificationsaccompanyingthesameshallinanywiseaffectitsobligationsonthisbond,anditdoesherebywaivenoticeofanysuchchange,extensionoftime,alterationoradditiontothetermsoftheagreementortotheworkortothespecifications.Inwitnesswhereof,thisinstrumenthasbeendulyexecutedbythePrincipalandSuretyabovenamedon,October30,2017PRINCII’AL:2525AberdeenLLCSURETY:LexonInsuranceCompany-Lujmut/LeighMcy,Attorney-in-Fact POWEROFATTORNEYLX-306951LexonInsuranceCompanyKNOWALLMENBYTHESEPRESENTS,thatLEXONINSURANCECOMPANY,aTexasCorporation,withitsprincipalofficeinLouisville,Kentucky,doesherebyconstituteandappoint:BrookT.Smith,RaymondM.Hundley,JasonD.Cromwell,JamesH.Martin,BarbaraDuncan,SandraL,Fusinetti,MarkA.Guidry,JillKempLynnetteLong,AmyMeredith,DeborahNeichter,TheresaPickerrell,SheryonQuinn,BethFrymire,RebeccaM.Reid,LeighMcCarthy,MichaelDixitstrueandlawfulAttorney(s)-In-Facttomake,execute,sealanddeliverfor,andonitsbehalfassurety,anyandallbonds,undertakingsorotherwritingsobligatoryinnatureofabond.ThisauthorityismadeunderandbytheauthorityofaresolutionwhichwaspassedbytheBoardofDirectorsofLEXONINSURANCECOMPANYontheisdayofJuly,2003asfollows:Resolved,thatthePresidentoftheCompanyisherebyauthorizedtoappointandempoweranyrepresentativeoftheCompanyorotherpersonorpersonsasAttorney-In-FacttoexecuteonbehalfoftheCompanyanybonds,undertakings,policies,contractsofindemnityorotherwritingsobligatoryinnatureofabondnottoexceed$5,000,000.00,FiveMilliondollars,whichtheCompanymightexecutethroughitsdulyelectedofficers,andaffixthesealoftheCompanythereto.AnysaidexecutionofsuchdocumentsbyanAttorney-In-FactshallbeasbindingupontheCompanyasiftheyhadbeendulyexecutedandacknowledgedbytheregularlyelectedofficersoftheCompany.AnyAttorney-In-Fact,soappointed,mayberemovedforgoodcauseandtheauthoritysograntedmayberevokedasspecifiedinthePowerofAttorney.Resolved,thatthesignatureofthePresidentandthesealoftheCompanymaybeaffixedbyfacsimileonanypowerofattorneygranted,andthesignatureoftheAssistantSecretary,andthesealoftheCompanymaybeaffixedbyfacsimiletoanycertificateofanysuchpowerandanysuchpowerorcertificatebearingsuchfacsimilesignatureandsealshallbevalidandbindingontheCompany.Anysuchpowersoexecutedandsealedandcertificatesoexecutedandsealedshall,withrespecttoanybondofundertakingtowhichitisattached,continuetobevalidandbindingontheCompany.INWITNESSTHEREOF,LEXONINSURANCECOMPANYhascausedthisinstrumenttobesignedbyitsPresident,anditsCorporateSealtobeaffixedthis5thdayofAugust,2015.LEXONINSURANCECOMPANYBYrbeIl’PresidentACKNOWLEDGEMENTOnthis5thdayofAugust,2015,beforeme,personallycameDavidE.Campbelltomeknown,whobedulysworn,diddeposeandsaythatheisthePresidentofLEXONINSURANCECOMPANY,thecorporationdescribedinandwhichexecutedtheaboveinstrument;thatheexecutedsaidinstrumentonbehalfofthecorporationbyauthorityofhisofficeundertheBy-lawsofsaidcorporation.Notapu2cnnesseeBY__________________IoaidsoncountyAmyjpaylorMv commissionExDfres07-08-19NotalPublicCERTIFICATEI,theundersigned,AssistantSecretaryofLEXONINSURANCECOMPANY,ATexasInsuranceCompany,DOHEREBYCERTIFYthattheoriginalPowerofAttorneyofwhichtheforgoingisatrueandcorrectcopy,isinfullforceandeffectandhasnotbeenrevokedandtheresolutionsassetfortharenowinforce.SignedandSealatMountJuliet.Tennesseethis3°‘DayofGc-20BY______AndrewSmithAssistantSecretaryWARNING:Anypersonwhoknowinglyandwithintenttodefraudanyinsurancecompanyorotherperson,filesandapplicationforinsuranceofclaimcontaininganymateriallyfalseinformation,orconcealsforthepurposeofmisleading,informationconcerninganyfactmaterialthereto,commitsafraudulentinsuranceact,whichisacrimeandsubjectssuchpersontocriminalandcivilpenalties.” A-’2çLLEXONSURETYBondSafeguardInsi.uanceCompanyGROUPBostonlndemnityCompanyA.fronihoreSpecialtylnsiznnccCompanyIroushoreIndemnityInc.GENERALAGREEMENTOFINDEMNITYThisGeneralAgreementofIndemnity,hereinaftercalled‘Agreement”,enteredIntobyandbetweentheundersigned,hereinaftercalledthe‘Indemnitors’,andLexonInsuranceCompany,BondSafeguardInsuranceCompany,BostonIndemnityCompany,IronshoreSpecialtyInsuranceCompany,andiorIronshoreIndemnityInc..hereinaftercalledthe‘Surety.WITNESSETH:WHEREAS,Inthetransactionofbusiness,certainBonds,undertakingsandotherwritingsobligatoryinthenatureofaBondhaveheretoforebeen,and/ormayhereafterbe,requiredby,fororonbehalfoftheIndemnitorsoranyoneormoreofthepartiesIncludedinthedesignation‘Indemnitors’andapplicauonhasbeenmadeandwillhereafterbemadetotheSuretytoexecutesuchBonds,andasaprerequisitetotheexecutionofsuchBondorBonds,theSuretyrequirescompleteIndemnification.NOW,THEREFORE,Inconsiderationofthepremises,theexecutionanddeliveryofoneormoreBondsorItsrefrainingfromattemptingtocancelthesamebytheSurety,andforothergoodandvaluableconsideration,thelndemnitorsdo,forthemselves,theirheirs,successors,executors,administratorsandassigns,jointlyandseverally,agreewiththeSuretyasfollows:1.PREMIUM.ThelndemnitorsshallpaytotheSuretyallpremiumsandchargesoftheSuretyforallBondsissuedandshallcontinuetopaythesamewheresuchpremiumorchargeisannual,sehii-annualorpro-rata,untiltheSuretyshallbedischargedandreleasedfromanyandallliabirityandresponsibilityuponandfromeachsuchBondormattersarisIngtherefrom,anduntiltheIndemnitorsshalldelivertotheSurety,competentwrittenevidencesatisfactorytotheSuretyofitsdischargefromallliabilityonsuchBondorBonds.2.INDEMNIFICATION.TheIndemnitorsshalljointly,severallyand/orcollectivelyIndemnify,exonerateandsavetheSuretyharmlessfromandagainstanyandallliability,lossandexpenseofwhatsoeverkindandnature,including,butnotlimitedto,everyclaim,demand,liability,courtcosts,damages,attomeys’fees,whetheronsalary,retainerorotherwise,andInterestwhichtheSuretymaypayorIncurbyreasonofhavingexecuted,orprocuredtheexecutionof,anyBondorBondsforanyentityasrequestedbytheIndemnitorsortheirrepresentatives,oranyrenewalsorcontinuationsthereoforsubstitutestherefore,andtheexpenseofprocuring,orattemptingtoprocure,releasefromliability,orinbringingsuittoenforcetheobligationofanyoftheIndemnitorsunderthisAgreement.AmountsduetotheSuretyshallbepayableupondemand,whetherornottheSuretyshallhavemadeanypaymenttherefororestablishedareserve.InaccountingbytheSuretyforpayments,theIndemnitorsagreethattheSuretyshallbeabletochargeforanyandalldisbursementsmadebyitIngoodfaithunderthebeliefthatItisorwasnecessaryorexpedienttomakesuchdisbursements,whetherornotsuchliability,expediencyornecessityexisted.IntheeventofpaymentbytheSurety,theIndemnitorsagreetoacceptthevoucher(s)oranyotherevidenceofsuchpaymentasprimafacieevidenceoftheproprietythereof,andoftheIndemnitor’sliabilitytotheSuretyunderthisAgreemenL3.COLLATERAL.TheIndemnitorswilldepositwiththeSurety,ascollateralsecurity,immediatelyupondemand,asumofmoney,attheoptionoftheSurety,equalto(I)theliabilityoftheSurety,ifestablished,(ii)theliabilityassertedagainsttheSurety,(lii)thereserveestablishedbytheSurety,oranyIncreasethereof,or(iv)foranyotherreasonwhatsoevertocoveranyandallliability,loss,expenseorpossibleliabilityforanylossorexpenseforwhichtheIndemnitorsmaybeobligatedtoindemnifytheSuretyunderthetermsofthisAgreement.TheSuretyshallhavetherighttousethedeposit,orshypartthereofInpaymentorsettlementofanyliability,loss,and/ordebtIncurredtotheSurety,andexpenseorpremiumsforwhichtheIndemnitorsareorwouldbeobligatedtoindemnifytheSuretyunderthetermsofthisAgreementTheSuretyshallhavenoobligationtoInvest,ortoprovideareturnonthedeposit.Additionally,theIndemnitorsexpresslyandspecificallyagreethattheSurety,initssolediscretionandforanyreason,maybywrittendemandrequiretheIndemnitorstosecurewithinforty(40)daysthefullandcompletedischargeofanyandallBond(s)(‘DischargeDemand’).Withinforty-five(45)daysoftheDischargeDemandtheIndemnitorsshallprovidetotheSuretycollateralintheamountrepresentingthetotalofanyundischargedliabilityundertheBond(s)asdeterminedbytheSuretyinitssolediscretion.TheSurety’sdemandforcollateralorforIndemnificationcoveredbythisAgreementshallbesufficientifsentbyregisteredorcertifiedmail,facsimiletransmission,personalserviceorviaelectronicrñailtotheindemnitors,oranyoneofthem,attheaddressesstatedherein,orattheaddressesoftheIndemnltorslastknowntotheSurety,regardlessofwhetherthePage1of10GMRev.07/14 demandisactuallyreceived.TheIndemnitorsacknowledgethatthefailuretodepositthesumsdemandedascollateralsecurityshallcauseirreparableharmtotheSuretyforwhichtheSuretyhasnoadequateremedyatlaw.TheIndemnitorsagreethattheSuretyshallbeentitledtoInjunctivereriefforspecificperformanceoftheobtigationoftheIndemnitorstodepositwiththeSuretythesumdemandedandherebywaiveanyclaimsordefensestothecontrary.4.ASSIGNMENT.WithrespecttoeachBondexecutedbytheSurety,theIndemnitorsherebyassign,transfer,andconveytotheSuretyascollateraltosecuretheobligationsinanyandallparagraphsofthisAgreementandanyotherindebtednessandliabilitiesoftheIndemnitorstotheSurety,whetherheretoforeorhereafterincurred,butsubjecttothetrusthereincreated:(I)allmoniesdueortobecomeduetotheindemnitorsunderorasaresultofthecontractcoveredbytheBond(s)Including,butnotlimitedto,progresspayments,deferredpayments,retainedpercentages,compensationforextrawork,andproceedsofdamageclaims;(H)llright,title,andinterestoftheIndemnitorsinandtoallPropertyofeverynatureanddescriptionthatmaynoworhereafterbeIn,on,oraroundthesiteof,ortheworkunder,thecontractcoveredbytheBond(s);(Hi)allright,title,andinterestoftheIndemnitorsinandtoallsubcontractsletortobelet,InconnectionwithsaidcontractreferredbytheBond(s)andinandtoallsuretybondssupportingsuchsubcontracts;(iv)allright,title,andInterestoftheIndemnitorsInmachinery,plant,equipment,toolsandmaterialswhichshallbeuponthesiteoftheworkorelsewhereforthepurposesofthecontract,Includingallmaterialsorderedforthecontract;(v)allactions,causesofactions,claims,andiortheproceedstherefromandanydemandswhatsoeverwhichtheIndemnitorsmayhiveagainst•anypartyIncluding,butnotlimitedto,owners,obligees,subcontractors,laborers,materialmen,architects,engineersoranypersonfurnishingoragreeingtofurnishtosupplylabor,material,supplies,machinery,tools,orotherequipmentInconnectionwithacontractcoveredbytheBond(s),andagainstanysuretyorsuretiesofanypartyIncluding,butnotlimitedto,suchprimecontractors,subcontractors,laborers,ormaterialmen;(vi)alltherightsoftheIndemnitorsinandgrowingInanymanneroutoftheBond(s)oranycontractsorContractsreferredtointheBond(s);(vil)anyendallpercentagesretainedandanyandallsumsthatmaybedueorhereafterbecomedueonaccountofanyandallcontractsreferredtoIntheBond(s)andallothercontractswhetherbondedornotinwhichtheIndemnitorshaveaninterest;(vfli)anyandallaccountsreceivable,marketablesecurities,rents,proceedsofsale,instruments,chattelpaper,lettersofcredit,documentsofDUe,billsoflading,federaltaxrefunds,stateandlocaltaxrefunds,andgeneralintangibles;and,(ix)anyandallpoliciesofinsurance(collectivelyreferredtoas“CoIlateral’)TheIndemnitorsagreethattheSuretymay,butisnotrequiredto,addsuchschedulestothisAgreementasItdeemsadvisable,describingmorespecificallyitemsofsecuritycoveredbythisAssignment.TheforegoingassignmentshallbeeffectiveasofthedateoftheexecutionanddeliveryofthisAgreementastoeachcontractcoveredbyBond(s)executedpriortosuchdatealthoughnothinghereinshalllimittherightoftheSuretytoclaimunderanypriorassignment.WithrespecttoanyBond(s)executedanddeliveredonorafterthedateofexecutionanddeiiveryofthisAgreement,theassignmentshallbecomeeffectiveretroactivetothedateofthefirstBondintheEventofDefault.5.TRUSTFUNDS.TheIndemnitorsagreeandherebyexpresslydeclarethatallfundsdueortobecomedueunderanycontract,whetherornotinthepossessionofanyofthelndemnitors,oranother,shallbeheldIntrustastrustfundsbytheIndemnitors,forthebenefitandpaymentofallpersonstowhomtheIndemnitorsIncurobligationsIntheperformanceofsuchcontractcoveredbytheBond(s)and/orforthebenefitof,paymentto,orreimbursementoftheSuretyforanyliability,loss,orexpensetheSuretymayincurundertheBond(s)orinenforcingthisAgreementIftheSuretydischargesanysuchobligations,itshallbeentitledtoasserttheclaimofsuchpersontothetrustkinds,ItistheexpressIntentionoftheIndemnitorshereintofullycomplywithanylegalrequirementsfortheestablishmentofavalidandenforceabletrustforthetrustresconsistingofaNpresentandfuturebondedcontractfunds,forthebenefitoftheSuretyandallpersonstowhomtheIndemnitorsIncurobligationsIntheperformanceofbondedcontracts.SaidtrustortrustsshallterminateonthepaymentbytheIndemnitorsofallthecontractualobligationsforthepaymentofwhichthetrustortrustsareherebycreatedorupontheexpirationoftwentyyearsfromthedatehereof,whichevershalloccurfirst.Notwithstandinganythingtothecontraryhereinabove,thissectionmaybeimplementedinanymannerprovidedatlaworinequity.6,NOTICEOFCLAIMS.Theindemnitorsimmediatelyuponbecomingawareofanydemand,notice,orproceedingpreliminarytodeterminingorfixinganyliability,withwhichtheSuretymaybesubsequentlychargedunderanyBond(s),shallnotifytheSUretythereofInwritingandshallfullycooperatewithSuretyInthedefenseofanydemand,claim,suit,notice,arbitrationproceedingorotheraction.7.CLAIMSETTLEMENT.TheSuretyshallhavetheexclusiveright,initssoleandabsolutediscretion,todetermineforitselfandtheIndemnitorswhetheranyclaim,demandorsuitbroughtagainsttheSuretyortheIndemnitorsuponanyBondsshallbesettled,defended,orcompromisedanditsdecisionshallbebindingandconclusiveupontheIndemnitors.TheSuretyshallbeentitledtoimmediatereimbursementofanyandalllossIncurredpursuanttotheindemnificationsetforthherein.Page2of10GATRev.07/14 8.CONTRACTCHANGES/LOANS.IfsuchBondbegivenInconnectionwithacontract,theSuretyisherebyauthorized,butnotrequired,toconsenttoanychangeInthecontractorintheplansorspecificationsrelatingthereto;tomakeorguaranteeadvancesorloansforthepurposesofthecontractwithoutthenecessityofseeingtotheapplicationthereof,Itbeingunderstoodthattheamountofallsuchadvancesorloans,unlessrepaidwithlegalInterestbythelndemnitorstotheSuretywhendue,shallbeconclusivelypresumedtobealosshereunderforwhichtheindemnitorsshallberesponsible,notwithstandingthatsaidmoneyoranypartthereofmightnotbesousedbytheIndemnitors.9.WAIVEROFNOTICE,ItshallnotbenecessaryfortheSuretytogivetheIndemnitors,oranyoneormoreofthem,noticeoftheexecutionof,orchangesto,anyBond(s)coveredbythisAgreement,norofanyfactorinformationcomingtothenoticeorknowledgeoftheSuretyaffectingitsrightsorliabilities,ortherights.orriabilitiesoftheIndemnitorsunderanyBond(s)executedbyit,noticeofallsuchbeingherebyexpresslywaived.TheIndemnitorsandtheSuretyeachherebywaivetrialbyjuryinanyactionorproceedingpertainingtothisAgreement,whichwaiverIsknowingly,willinglyandvoluntarilymadebythepartiestothisAgreement.10.5E1’TLEMENTWITHINDEMNITORS.IntheeventofanyclaimordemandbeingmadebytheSuretyagainsttheIndemnitors,oranyoneormoreofthepartiessodesignated,byreasonoftheexecutionofanyBond(s),theSuretyIsherebyexpresslyauthorizedtosettlewithanyoneormoreoftheIndemnitorsindividually,withoutreferencetotheothers,andsuchsettlementorcompositionshallnotaffecttheliabilityofanyoftheothers,andeachIndemnitorherebyexpresslywaivestherighttobedischargedandreleasedbyreasonofthereleaseofoneormoreofthejointdebtors,andherebyconsenttoanysettlementorcompositionthatmayhereafterbemade.11.DECLINATIONOFEXECUTION.TheSuretyatItsoptionmaydeclinetoexecuteorparticipatein,orprocuretheexecutionof,anyBond(s),orchangestoanyexistingBond(s),withoutimpairingthevalidityofthIsGeneralAgreementofIndemnity.AnyandallsuchdeclinationsshallnotimpairthevalidityofthisAgreement.12.OTHERSURETIES.IftheSuretyprocurestheexecutionofsuchBond(s)byothercompanies,orexecutessuchBond(s)withco-sureties,orreinsuresanyportionsofsuchBond(s)withreinsuringcompanies,thenallthetermsandconditionsofthisAgreemehtshallapplyandoperateforthebenefitofsuchothercompanies,co-sureties,andre-insurersortheirsuccessorsandassigns,soastogiveitorthemadirectrightofactionagainsttheIndemnitorstoenforcethisAgreementandInthatevent,theword‘SuretyshallbedeemedtoIncludesuchcompanyorcompaniesasItortheirinterestsmayappear.13.INDEMNITORLIABILITY.TheliabilityoftheIndemnitorshereundershallnotbeaffectedbythefailureofanIndemnitorasPrincipaltosign,anyBond(s),norbyanyclaimthatotherindemnityorsecuritywastohavebeenobtained,norbythereleaseofanyindemnity,orthereturnorexchangeofanycollateralthatmayhavebeenobtainedandifanypartysIgningthisAgreementIsnotboundforanyreason,thisAgreementshallstillbebindinguponeachandeveryotherparty..14.TERMINATIONOFINDEMNITORLIABILITY.TheobligationsunderthisAgreementmaybeterminatedbyanyoneormoreoftheindemnitorsuponwrittennotice,sentbycertifiedmail,totheSuretybutanysuchnoticeofterminationshallnotoperatetomodify,barordischarge,limitaffectorImpairtheliabilityofanylndemnitorpriortothirty(30)daysafterreceiptofthenoticeofterminationbySuretyandtheobflgationsshallalsonotbeterminatedonBondsexecutedafterthedateoftermination(i)upontheawardofacontracttothelndemnitor(s)onabidorproposalwithrespecttowhichtheSuretyhasexecutedabidbondorsimilarundertaking,or(ii)onBondswhichtheSuretyhasotherwisebecomeobligatedtoexecutepriortosuchterminationdate.Anynoticeofterminationgivenhereundershalloperateonlywithrespecttothelndemnitorsonwhosebehalfsuchnoticeshallhavebeengiven.Nochangeinmarital,employment,economicstatus,ownershipInabondedentityorotherconditionshallInanymanneraltertheprovisionsofthisprovisionorthisAgreement.15.SECURITYINTEREST.ThisAgreementshallconstituteaSecurityAgreementforthebenefitoftheSuretyand/oraFinancingStatement,bothinaccordancewiththeprovisionsoftheUniformCommercialCodeofeveryjurisdictionwhereinsuchCodeisineffectandmaybesousedbytheSuretywithoutinanywayabrogating,restrictingorlimitingtherightsoftheSuretyunderthisAgreementorunderlaw,orinequity.16.RIGHTTOINFORMATION.Atanytime,anduntilsuchtimeastheliabilityoftheSuretyunderanyandallBondsisterminated,theSuretyshallhaveunrestrictedaccesstoanyandallbooks,records,trustfunds,accounts,documents,orotherinformationpertainingtothefinancialaffairsoroperationsoftheIndemnitors,Inwhateverformorwhereverlocated,Includingtherighttoobtaincreditreportsorotherinvestigativereports;andanybankdepository,materialman,subcontractor,obligee,governmententity,creditor,accountantorotherperson,firm,orcorporationwhenrequestedbytheSuretyIsherebyauthorizedtofumishtheSuretyanyinformationrequestedIncluding,butnotlimitedto,thestatusofPage3of10GAlRev.07/14 theworkundercontractsbeingperformedbytheIndemnitor(s),theconditionoftheperformanceofsuchcontractsandpaymentsofaccounts.17.REMEDIES.Intheevehiofanybreach,delayordefaultassertedbytheobligee,orotherclaimant,concerninganyBond(s),orthelndemnitorshavesuspendedorceasedworkonanycontractorcontractscoveredbyanyBond(s),orfailedtopayanyobligationsIncurredinconnectiontherewith,orintheeventofthedeath,disappearance,Indemnitors’convictionforafelony,Imprisonment,incompetence,orInsolvencyofthelndemnftors,ortheappointmentofareceiverortrusteefortheIndemnitors,orthepropertyoftheIndemnitors,orintheeventofanassignmentforthebenefitofcreditorsoftheIndemnitors,orifanyactionistakenbyoragainsttheIndemnitorsunderorbyvirtueoftheU.S.BankruptcyCode,orshouldreorganizationorarrangementproceedingsbefiledbyoragainsttheIndemnitorsundersaidCode,orifanyactionistakenbyoragainsttheIndemnitorsundertheinsolvencylawsofanystate,possession,orterritoryoftheUnitedStates,theSuretyshallhavetheright,atitsoptionandInitssolediscretion,andIsherebyauthorized,withorwithoutexercisinganyotherrightoroptionconferreduponitbylaworInthetermsofthisAgreement,totakepossessionofanypartoralloftheworkunderanycontractorcontractscoveredbyanyBond(s),andattheexpenseoftheIndemnitorstocompleteorarrangeforthecompletionofthesame,ortotakeanyotheractionSuretymaydeemappropriatetoobtainadischargeoftheSurety’sobligationsandtheIndemnitorsshallpromptly,upondemand,paytotheSuretyalllosses,andexpensessoIncurred.18.HOMESTEAD.TheIndemnilorsherebywaive,sofarastheirrespectiveobligationsunderthisAgreementareconcerned,allrightstoclaimanyoftheirproperty,includingtheirrespectivehomesteads,asexempt,fromlevy,execution,saleorotherlegalprocessunderthelawsofanystate,territoryorpossession.19.ATTORNEY-IN-FACT.TheIndemnitorsherebyirrevocablynominate,constituteandappointanddesignatetheSuretyandItsdesigneesastheirattorney-in-factwiththeright,power,andauthority,butnottheobligation,toexercisealloftherightsandpowersoftheIndemnitorsassigned,transferredandsetovertotheSuretyInthisAgreement,andInthenameoftheIndemnitors,oranyoneormoreofthem,tomake,endorse,execute,signanddeliveranyandalladditionalorotherInstruments,writings,Includingassignments,financingstatements,documents,Instruments,checks,drafts,deposits,ACE-I(automaticclearinghouse),andwiretransferdirectivesandorders,changeofaddressnotices,liensandreleasesthereof,applications,certiFicates,drawrequests,orders,releases,andpapersdeemednecessaryordesirablebySurety,andtocollecttheproceedsthereof,inordertogivefulleffectnotonlytotheIntentandmeaningoftheobligationsassumed,andtheagreementsmadebythelndemnitorshereunder,andtheassignmentsandconveyancesmadeherein,butalsothefullprotectionIntendedtobehereingiventoSuretyunderallotherprovisionsofthisAgreement.20.SURETYSHIPCOVERED.TheIndemnitorsherebyacknàwledgethatthisAgreementisintendedtocoveranyBond(s)(whetherornotcoveredbyanyapplicationsignedbyanyoneormoreoftheIndemnitors,withsuchapplicationto.beconsideredbetweenthepartiesheretoasmerelysupplementarytothisGeneralAgreementofIndemnity)heretoforeorhereafterexecutedbytheSuretyonbehalfoftheIndemnitors,oranyoneofthem(whethercontractingaloneorasaJointorco-adventurer)fromtimetotime,andoveranIndefiniteperiodofyears,untilthisagreementshallbecancelledinaccordancewiththetermshereof.TheIndemnitorsshallcontinuetoremainboundunderthetermsofthisAgreementeventhoughtheSuretymayhaveheretoforeorhereafter,withorwithoutnoticetoorknowledgeoftheIndemnitors,acceptedorreleasedotheragreementsofIndemnityorcollateralinconnectionwiththeexecutionorprocurementofanybond(s),fromtheIndemnitorsorothers.Therights,powersandremediesgiventheSuretyunderthisAgreementshallbeandareinadditiontoandnotinlieuof,anyandallotherrights,péwersandremedieswhichtheSuretymayhaveoracquireagainsttheIndemnitorsorothers,whetherbythetermsofanyagreementorbyoperationoflaw.21.LIABILITyorSURETy.IndemnitorsagreethattheirliabilityshallbeconstruedastheliabilityofacompensatedSurety,asbroadlyastheliabilityoftheSuretyisconstruedtowarditsobligee.22,PRONOUNS/SEVERABILITYThewordIndemnitors,orpersonalpronounsusedtorefertosaidword,shallapplyregardlessofnumberorgender,toIndemnitors,Principals,and/ortoindividuals,partnerships,corporations,orotherlegalentitiesasthecircumstancesrequire.IfanyprovisionorprovisionsofthisAgreementareheldtobevoidorunenforceablebylaw,thisAgreernentshallnotbevoidorunenforceable,butshallcontinueineffectandbeenforcedasthoughsuchprovisionorprovisionswereomitted.23.MODIFICATIONS.ThisAgreement,andtheBondsissuedpursuanttothisAgreement,constitutestheentireAgreementamongtheIndemnitorsandtheSuretyregardingtherightsandobligationsofthePartieshereto.ThisAgreementandtherightsandremediesoftheSuretyhereundermaynotbechangedormodifiedunlesssignedbyanofficerorotherauthorizedrepresentativeoftheSurety.24.HEADINGS.SectionheadingshereinareindudedforconvenienceonlyandshallnotbedeemedtobepartofthisAgreement.Page4of10GAlRev.07/14 25.EXECUTIONOFAGREEMENT/ELECTRONICSIGNATURES.ThisAgreementmaybeexecutedinanynumberofcounterparts,eachofwhichshallbedeemedanoriginal,butallofwhichtogethershallconstituteonelnstwmenLAduplicateorfacsimilecopyorelectronicreproductioaoftheoriginaldocumentshallhavethesame1orcandeffectastheoriginal.lndemnitorsconsenttotheuseofelectronicsignaturesbySurety.ThisAgreementandanyotherdocumentsrequiringasignaturemaybesignedelectronicallybythelndemnitors.TheIndemnitorsagreenottodenythelegaleffectorenforceabilityofthisAgreementsolelybecauseItIsInelectronicformorbecauseanelectronicrecordwasusedInitsformation.TheIndemnitorsalsoagreenottoobjecttotheadmissibilityoftheAgreementintheformofanelectronicrecord,orapapercopyofanyelectronicdocument,orapapercopyofadocumentbearinganelectronicsignature,onthegroundsthatItisanelectronicrecordorcontainsanelectronicsignatureorthatftIsnotInItsoriginalformorisnotanoriginal.WEHAVEREADTHISGENERALAGREEMENTOFINDEMNITYCAREFULLY.THEREARENOSEPARATEAGREEMENTSORUNDERSTANDINGS,ORALORWRIUEN,WHICHINANYWAYLESSENOUROBLIGATIONSASSETFORTHABOVE.INWITNESSWHEREOF,theIndemnitorsagreethattheyarejoinUy,severallyandcollectivelyboundtotheSuretybythisAgreement;thattheundersignedarefullyauthorizedtoexecutethisAgreement;and,thattheeffectivedateofthisGeneralAgreementofIndemnityIstheIdayofoer. ,20Ii2525AteideenLLC1az1037-1797614andallsubsidiariesandaffiliatesnowownedand/orhereaftercreated,controlled,managedoracquired.Address:..g-City,STZip:M,Aleo,WA98275-Witness:Name:Witness:Name:andallsubsidiariesandaffiliatesnowownedand/orhereaftercre,controlled,managedoracquired.By:3%r‘ii.c1%D(L.S.)rpt-City,STZip:._W.mw1440Wandallsubsidiariesandaffiliatesnowownedand/orhereaftercreated,controlled,managedoracquired.-Br(L.S.)Name,TiUe. .. ..Address:City,STZip:--Witness:Witness:Name:andallsubsidiariesandaffiliatesnowownedand/orhereaftercreated,ontroiled,managedoracquired.Initti4c’t(LS.)Name,1111-.gbv-4ic&,v,4sse’r7J4LLCPage5of10GMRcv.07/14 Witness:Name:Witness:Witness:Name:andallsubskfiadesandaffiliatesnowownedand/orhereaftercreated,controlled,managedoracquired.By:Name,TitleAddress:City,STZip:andallsubsidiariesandaffiliatesnowownedand/orhereaftercreated,controlled,managedoracquired.Name.TitleAddress:City,STZip:andallsubsidiariesandaffiliatesnowownedand/orhereaftercreated,controlled,managedoracquired.(L.S.)By:(L.S.)Name,Title-Address:City,STZip:andallsubsidiariesandaffiliatesnowownedand/orhereaftercreated,controlled,managedoracquired.By:(L.S.)Name,TitleAddress:City,STZip:- .-andallsubsidiariesandaffiliatesnowownedandlorhereaftercreated,controlled,managedoracquired.By:Name,TitleAddress:City,STZip:.0S.)(L.S.)Name,TitleAddress:City,STZip:andallsubsidiariesandafflliatesnowownedand/orhereaftercreated,controlled,managedoracquired.AL.S.)Name:Witness:Name:Witness:Name:Witness:Name:Page6of10GAlRev.07/14 Witness:Name:Witness:Name:Witness:Name:Witness:andallsubsidiariesandaffiliatesnowownedand/orhereaftercreated,controlled,managedoracquired.BrName,TitleAddress:City,STZip:_(LS.)andallsubsidiariesandaffiliatesnowownedand/orhereaftercreated,controlled,managedoracquired.BrName,TitleAddress:City,STZip:andallsubsidiariesandaffiliatesnowownedand/orhereaftercreated,controlled,managedoracquired.BrName,TitleAddress:City,STZip:.(L.S.)jLS.)andallsubsidiariesandaffiliatesnowownedand/orhereaftercreated,controlled,managedoracquired.Br(L.S.)Name,TitleAddress:City,STZip:andallsubsidiariesandaffiliatesnowownedand/orhereaftercreated,controlled,managedoracquired.andallsubsidiariesandaffiliatesnowownedand/orhereaftercreated,controlled,managedoracquired.Br(LS.)Name,TitleAddress:City,STZip:Name:Witness:Name:Witness:Name:(L.S.)Name,TitleAddress:City,STIp:.Page7of10GAlRev.07/14 Witness:andallsubsidiariesandaffiliatesnowownedand/orhereaftercreated,controlled,managedoracquired.By:(L.S.)Name:Name,TitleAddress:City,STZip:Witness:andallsubsidiariesandaffiliatesnowownedand/orhereaftercreated,controlled,managedoracquired.By:(L.S.)Name,TitleAddress:City,STZp:andallsubsidiariesandaffiliatesnowownedand/orhereaftercreated,controlled,managedoracquired.By:(L.S.)Name,TitleAddress:City,STZip:andallsubsidiariesandaffiliatesnowownedand/orhereaftercreated,controlled,managedoracquired.By:(L.S.)Name,TitleAddress:City,STLp:.L._—_By:____ ___Name:Edcl$f1’SSN:‘°-Address:StA434DCity,STZip:Mukflto.WA98275By:____________________Name:qoseinHogafiSSN:61U94524Address:?2S3dStAp0City,STZip:Mii3eo,WA9a275-Name:Witness:Name:--Witness:Name:Witness:INDIVIDUALINDEMNITORSName:J1sfr&iCp4--..—- - --——---Witness:Name:Page8of10GMRn’.07/14 Br4Name:Address:23O45NEMaIRdCity,STZip:Redmond,WA96053gcZL7MSSN:524S8Address:2SS4SNEM*RdCity,STZip:Rednn’,d.WA98053By:__________________Name:RIdeyHaTISSSN:301.464663Address:19000HIghway72City,STZip:&vada,CO80007By:_______Name:SSN:Address:City,STZip:By:_______Name:SSN:Address:City,STZip:Br______Name:SSN:Address:City.STZip:By:_______Name;SSN:Address:City.STZip:Witness:CCWitness;Name:’Witness:Name:Witness:Name:Witness:Name:Witness:Name:Witness;Name:Page9of10GMRev.07114 1By______Name:SSN:Address:City,STZip:By.______Name:SSN:Address:City,STZip:By:_____Name;SSN:Address:City,STZip:_—IMPORTANT:COMPLETEPHYSICALADDRESSINCLUDINGZIPCODEMUSTBEGIVENFORALLINDEMNITORS.INDIVIDUALINDEMNITORSMUSTFURNISHADDRESSOFPRIMARYRESIDENCEANDSOCIALSECURITYNUMBER.Page10of104—Witness:Name:Witness:Name:Witness:By:Name:-SSN:Address:City,STZip:BrName:SSN:Address:-City,STZip:Name:Witness:Name:Witness:Name:Witness:Name:Witness:Name:ByName:SSN:Address:City,STZip:By:_______Name:SSN:Address:City,STZip:GMRev.07/14 2.Bond:(a)Effectivedate:(b)TypeofBond:(c)BondAmount:(d)Obligee:_____(e)Surety;______CONSENTTORATEREQUEST.T.SUf’Te-b.ft1VX4LT&,.’6921’J3.Itisunderstoodandacknowledgedtheremaybemorethanoneagencyinvolvedintheplacingofthisbond.Iunderstandeachagencymaybeentitledtoeitherapremiumwhichisdueandpayabletothesuretycompanyormaychargeafeefortheirservices.Thetotalchargeforthebondmayrepresentacombinationofpremiumandfees.4.I(we)doherebyacknowledgethatthetotalbondcostmayrepresentachargegreaterthanthestandardratesfiledwithvariousgoverningStateInsuranceDepartmentsonbehalfofthesuretycompany.5.I(we)understandthatthetotalpriceofthebondincludespremiumsandfees.Adetailedinvoicereflectingpremiumandfeesisavailableuponrequest.6.I(we)understandthatallpremiumsandfeeswillbefullyearneduponissuanceofthebond.Thedateofissuancewillbedeterminedbytheactualdateshownonthebondorthedateonwhichyouoryouragentrepresentativereceiveshebond,whichevercomesfirst.Principal:BYZn:1.NameofPrincipal:Address:1’LS5Rd252tAr)cvq,1LLCDate:/078-/7(SignatureisbyindividualauthorizedtosignonbehalfofPrincipal)