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CITY OF SANTA ANA <br />BONDS <br />PROJECT NO.: 16-6467 <br />FAITHFUL PERFORMAMI HQND <br />Bond No. 024068664 <br />Premium: $44,200 <br />KNOW ALL MEN BY THESE PRESENTS that Lonerocf Inc. <br />as CONTRACTOR, and The-Oblo.Casuafty,-Insurance,Company-.,--.---.----I <br />a corporation, organized and existing under the laws of the State, and duly authorized to transact <br />business under the laws of the State of California, as SURETY. are hold and firmly bound unto <br />the City of Santa Ana, as AGENCY, in the penal sum Of --Fourmiflion-five-hundred-ninetv-three-. <br />thousand three hundred seventy five <br />Dollars <br />(5-4,593,375.00._._.....-- ), which is 100 percent of the total contract amount for the above stated <br />project, for the payment of which sum, CONTRACTOR and SURETY agree to be bound, jointly <br />and severally, firmly by these presents. <br />THE CONDITIONS OFTnis OBLIGATION AIrE, SUCH that, whereas CONTRACTOR has <br />been awarded and is about to enter into the annexed Contract Agreement with AGENCY dated <br />November 15, 2016 for Santa Ana Delhi Channel Diversion <br />if CONTRACTOR faithfully performs and fulfills all obligations in the perf6rinance of the Work <br />of Improvement to be done under said Contract Agreement in the manner and time specified <br />therein, then this obligation shall be null and void, otherwise it shall remain in full force and <br />effect in favor of AGENCY; provided that any alterations in the obligations or time for <br />completion made pursuant to the terms of the contract documents shall not in any way release <br />either CONTRACTOR or SURETY, and notice Of Such alterations is hereby waived by <br />SURETY. <br />IN WITNESS WHEREOF the parties hereto have set their names, titles, hands, and seal this <br />lah.- day of pggMber __, 20�16_. <br />Loperock, Inc. <br />Dragan <br />Dean E. Brown - Attorney -In -Fact <br />Subscribed mid sworn to before me, this day of <br />20—. <br />Signature: <br />Notary Public in and for the County of <br />State of <br />Rate of premium on this bond is $ thousand, <br />Total amount of premium charge is $ To hefilters in by Surety <br />*Pravidc CONTRACTOR 1AMITER W]RETY name, address, and telephone nun Cher and dte <br />name, title, address, and telephone number of outhorized representative, <br />1 of 3 <br />