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MERCHANT Bond No. CSBA-19034
<br />BONDING COMPANY,.
<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 />Arturo Ayala; Ben String; Daniel Huckabay; Dwight Reilly; Frank Morons; Michael D Stong; R Nappi; Shaunna Rozelle Ostrom
<br />their true and lawful Attorney(s)-In-Fad, 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 business of guaranteeing the fidellty
<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-Attomey Is granted and is signed and sealed by facsimile under and by authority of the following By -Laws adopted by the Board
<br />of Directors of Merchants Bonding Company (Mutual) an April 23, 2011 and amended August 14, 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 \ foe President shall have power and 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, recognizances, contracts of Indemnity and other writings 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 foxed."
<br />In connection with obligations in favor of the Florida Department of Transportation only, tt is agreed that the power and aul harity 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 relleve this surety company of any of
<br />its 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 Attorney -in -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 prior to the modification or revocation.
<br />InWitness Whereof, the Companies have caused this instrument to be signed and sealed this 11th day of February , 2020
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<br />�•y : Q(LPO��.p , :•�O; QpPO/➢A-9,y - CZ MERCHANTS O DBONDING I G1 INC.
<br />NY (MUTUAL) .�:,c. MERCHANTNATIONAL
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<br />.Q 2003 ;;A; Wit' 1933 ;cy: By
<br />,••d01 ...;1�.•' •,bgi.. ..•`1a • President
<br />STATE OF IOWA •i•°""""•°°�•, •••• °•�••
<br />COUNTY OF DALLAS ss.
<br />On [his ilth dayof February 2020 before me appeared Larry Taylor, to me personally known, who being by me duty swom
<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 />1 POLLY MASON
<br />Sm Commission Number750576 MkQ10-1-
<br />My Commission Expires
<br />r January 07, 2023 Notary Public
<br />(Explmtion of rotary's commission
<br />does not Inveldate this instrument)
<br />I, Willlam 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 Bald 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 22nd day of October , 2021
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<br />'x1 2003 q :a 1933 ; e: Secretary
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<br />POA 00 18 (1120) •••w•...... •°•• •,••••••-•
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