|
MERCHALNT "'r
<br />BONDING COMPA VYn�
<br />POWER OF ATTORNEY
<br />Know All Persons By These Presents, that MERCHANTS BONDING COMPANY (MUTUAL) and MERCHANTS NATIONAL BONDING, INC.,
<br />both being corporations of the State of Iowa (herein collectively called the "Companies") do hereby make, constitute and appoint, Individually,
<br />Eric Lowey; Jennifer Grenrood; Karyl A Richter; Kevin Cathcart; Mark Richardson; Shawn Blume; Teresa I Jackson; Vanessa Copeland
<br />their true and lawful Attorney(s)-in-Fact, to sign its name as surety(ies) and to execute, seal and acknowledge any and all bonds, undertakings,
<br />contracts and other written Instruments in the nature thereof, on behalf of the Companies In their buainess of guaranteeing the fidelity
<br />of persons, guaranteeing the performance of contracts and executing or guaranteeing bonds and undertakings required or permitted in any
<br />actions or proceedings allowed by law.
<br />This Power -of -Attorney Is granted and is signed and sealed by facsimile under and by outhonly of the following By -Laws adopted by the Board
<br />of Directors of Merchants Bonding Company (Mutual) on April 23, 2011 and amended August %, 2015 and adopted by the Board of Directors
<br />of MerchantsNational Bonding, Inc., on October 16, 2015.
<br />'The President, Secretary, Treasurer, or any Assistant Treasurer or any Assistant Secretary or any Vice President shall have power end authority
<br />to appoint Attorneys -in -Fact, and to authorize them to execute on behalf of the Company, and attach the seal of the Company thereto, bonds and
<br />undertakings, recognizences, contracts of indemnity and otherwritings obligatory in the nature thereof."
<br />"The signature of any authorized officer and the seal of the Company may be affixed by facsimile or electronic transmission to any Power of Attorney
<br />or Certification thereof authorizing the execution and delivery of any bond, undertaking, recognizance, or other suretyship obligations of the
<br />Company, and such signature and seal when so used shall have the same force and effect as though manually fixed."
<br />In connection with obligations In favor of the Florida Department of Transportation only, it is agreed that the power and aut hority hereby given to the
<br />Attorney -In -Fact includes any and all consents for the release of retained percentages and/or final estimates on engineering and construction
<br />contracts required by the State of Florida Department of Transportation. It is fully understood that consenting to the State of Florida Department
<br />Of Transportation making payment of the final estimate to the Contractor and/or its assignee, shall not reileve this surety company of any of
<br />ils obligations under its bond.
<br />In connection with obligations In favor of the Kentucky Department of Highways only, it is agreed that the power and authority hereby given
<br />to the Attorney4n-Fact cannot be modified or revoked unless prior written personal notice of such intent has been given to the Commissioner -
<br />Department of Highways of the Commonwealth of Kentucky at least thirty (30) days priorto the modification or revocation.
<br />In Witness Whereof, the Companies have caused this instrument to be signed and sealed this 17th day of April , 2017
<br />-0-
<br />2003
<br />STATE OF IOWA
<br />COUNTY OF DALLAS as
<br />MERCHANTS BONDING COMPANY (MUTUAL)
<br />MERCHANT NATIONAL BONDING, INC.
<br />By
<br />President
<br />On this this 17th day of April 2017 , before me appeared Larry Taylor, to me personally known, who being by me duly sworn
<br />did say that he is President of MERCHANTS BONDING COMPANY (MUTUAL) and MERCHANTS NATIONAL BONDING, INC.; and that the
<br />seals affixed to the foregoing Instrument are the Corporate Seals of the Companies; and that the said Instrument was signed and sealed in behalf
<br />of the Companies by authority of their respective Boards of Directors.
<br />0.VVA( S ALICIA K. GRAM
<br />vCommission Commission
<br />E pins '"
<br />0
<br />My Commission Expires - �.
<br />o -a April 1, 2020
<br />Notary Public
<br />(Expiration of notary's commission
<br />does not Invalidate this instrument)
<br />I, William Warner, Jr., Secretary of MERCHANTS BONDING COMPANY (MUTUAL) and MERCHANTS NATIONAL BONDING, INC„ do hereby
<br />certify that the above and foregoing is a true and correct copy of the POWER-OF-ATTORNEY executed by said Companies, which is still in full
<br />force and effect and has not been amended or revoked.
<br />In Witness Whereof, I have hereunto set my hand and affixed the seal of the Companies on this
<br />jLP0,q, �0.,
<br />:4i` •a: Cd; 3;
<br />2003 ;�„5 •'�` 1933 : e;
<br />iS. Y•
<br />POA 0018 (3117)
<br />23A-20
<br />18th day of October , 2018 .
<br />Secretary
<br />
|