HomeMy Public PortalAbout1981-10-23 Grad Agmt & Bond - Cove Properties Inc (Bond No 98452)SURETY BOND
FOR
Grading E. Orangethorpe Ave. Property
BOND NO. 98452
PREMIUM: $104.00
RECEIVED
CITY CLERK'S OFFICE
Nov 3
THE UNDERSIGNED principal and Surety hereby jointly and sever-
ally hold and bind themselves unto the City of Fullerton, a Municipal
Corporation, in the sum of TWENTY-SIX HUNDRED AND NO/lOO ---------- Dollars
($ 2,600.00 ) to be paid to said City upon demand, together with
reasonable attorney fees in any suit upon this Bond.
The condition of
Principal has executed
in favor of said City,
Surety;
the above obligation is such that
a written agreement dated
a copy ~f which has been received
whereas said
. 19
by the ~aid-'
NOW, THEREFORE, if said Principal shall fully perform said
agreement within the time therein provided, or any extension of such ~
time not in excess of three years granted by the City, any such I
extension without notice to or consent of the undersigned being )
expressly h9reby authorized, then the foregoing obligation shall be null
and void, otherwise it shall remain in full force and effect and said
payment shall be made to the said City at the City Hall in Fullerton,
Ca if6rnia, in accordance with the terms of said agreement.
Executed this 23rd day of October, 1981 .
PRINCIPAL
SuRETY
COVE PROPERTIES, INC.
(Corporate, F rm or Fictitious
Nam
COTTON BELT INSURANCE COMPANY
(Corporate NaME
Ry
(rsrrg
or Propr
(SIgnature o' Oit[c,ir'j ..
Joseph M. Panarisi
Attorney-in-fact
7 ~5 j})1ii-~I. ...
(Officrar-capacity)
(Otficial Capacity)
(A 'ced.iEed copy of the .1:'0so1ution of the Board of Directors showtng
alJH,~)1'li:y to execut.e for Corpol'ations ITIllSt be attached.)
98452
--f) 0 n'cr-NlMh e r
"i:\;)'iT1 ng u/\,fd::-;-s-s-' oTl)rT. i,; fpal-
c/o 2190 Carmel Valley Rd.
Del Mar, CA 92014
-"Haning Address of ~r<)ty
STATE OF CALIFORNIA
COUNTY OF ORANGE
On October 27, 1981, before me, the undersigned, a Notary Public in and for
said Slate, personally appeared
known to me to be fhe
known to me to be the
President, and
Secretary of the corporation that executed the within instrument,
and known to me to be the persons who executed the within
instrument on behalf of the corporation therein named, and ac-
knowledged to me that such corporation executed the within
instrument pursuant to Its by-laws or a resolution of its board of
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OFFICIAL SEAL
THOMAS W. SEARLES
NOTARY PUBLIC - CALIFORNIA
ORANGE COUNTY
My comm. expires SE? 21, 1982
directors.
WITNESSm~~~
Signature ~, .
-frkm1As W. <tFA,eLlfS
Name (Typed or Printed)
(This area for offiCial notarial seal)
Acknowledgement of Surety
State of California)
County of Orange)
On this 23rd day of October
Joseph M. Panarisi
Cotton Belt Insurance Company
within instrument.
In witness whereof. I hereto set my hand and official seal on the day and year in this certificate first written above.
1981
. before me personally appeared
known to me to be the Attorney-in-Fact of
. and acknowledged to me that-he executed the
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OffiCIAL SEAL
CHARLANNE KUCI\
1I00ARY PUBUC - CALIFORNIA m
ORANGE COUNTY ro
~ Carom. E:ll>'''' Dec. 9. 1983
~A/;1'n~/~
Notary Pubhc
COTTON BELT INSURANCE COMPANY
Home Office
New Orleans, Louisiana
CIVIL BOND
POWER OF ATTORNEY
KNOW ALL MEN BY THESE PRESENTS: That the Cotton belt Insurance Company, a Corporation duly organized and eXisting
under the laws of the State of Tennessee and having its principal office In the City of New Orleans, Louisiana, does hereby
nominate, constitute and appoint: JOSEPH M. PANARISI
of: COTTON BELT INSURANCE CrMPANY
its true and lawful agent and attorneY-In-fact, to make, execute, seal and deliver for and on Its behalf as surety, and Its act and
deed, any and all bonds, contracts, agreements of indemnity and other undertakings in suretyship provided, however, that
the penal sum of anyone such instrument executed hereunder shall not exceed the sum of:
ONE HUNDRED FIFTY THOUSAND DOLLARS ($150,00000)
ThiS Power of Attorney is granted and IS signed and sealed by faCSimile under and by the authOrity of the follOWing Resolution
adopted by the Board of Directors ofthe Cotton belt Insurance Company at a meeting duly called and held on August 11,1978,
which said Resolution has not been amended or rescinded and of which the following is a true, full and complete copy:
"RESOLVED: That the President or Secretary may from time to time appoint Attorneys-In-Fact to represent and act for and
on behalf of the Company, and either the President or Secretary, the Board of Directors or Executive Committee may at any
time remove such Attorneys-In-Fact and revoke the Power of Attorney given him or her; and be it further
"RESOLVED: That the Attorneys-In-Fact may be given full power to execute for and in the name of and on behalf of the
Company any and all bonds and undertakings as the bUSiness of the Company may require, and any such bonds or under-
takings executed by any such Attorney-in-Fact shall be as binding upon the Company as if signed by the President and sealed
and attested by the Secretary,"
IN WITNESS WHEREOF, the said COTTONBELT INSURANCE COMPANY has caused these presents to be executed by its offi-
cer, with its corporate seal affixed
thiS date of October 1. 1978
COTTONBELTINSURANCECOMPANY
By O~ ~ >>t~ /:;'S:dent
STATE OF LOUISIANA } 55,
PARISH OF ORLEANS
On thiS 1st day of October, A.D, 1978, before the subSCriber, a Notary PubliC of the State of LOUISiana, In and for the Parish of
Orleans, duly commissioned and qualified, came OLIVER S, MONTAGNET, Jr" PreSident, of COTTONBELT INSURANCE COM-
PANY, to me personally known to be the indiVidual and officer described In and who executed the preceding instrument and
he acknowledged the execution of the same, and being by me duly sworn, deposeth and salth, that he is the said officer of the
Corporation aforesaid, and that the seal affixed to the preceding instrument is the Corporate Seal of the said Corporation, and
that the said Corporate Seal and his signature as such officer were duly affixed and subSCribed to the said instrument by the
authOrity and direction of the said Corporation,
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my OffiCial Seal, at the City of New Orleans, the day and
year first above written_
My commission expires at death
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STATE OF LOUISIANA l SS.
PARISH OF ORLEANS' .
I, the undersigned, Oliver S, Montagne!. Sr Secretary of the Cotton belt Insurance Company, do hereby certify that
the original POWER OF ATTORNEY, of which the foregoing is a full, true and correct copy, is in full force and effect, and has not
been revoked.
IN WITNESS WHEREOF, I have hereunto subscribed my name as Secretary, and affixed the Corporate Seal of the Corporation,
this 23rd day of October 19 Rl "NN'N,
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Any correspondence regarding this Power of Attorney, address to: Spencer Douglass & Associates, Managing General Agents for Cottonbelt
Insurance Company, 600 B St., # 2030, San Diego, Ca. 92101
BILL TERPSTRA CO. - INSURANCE
&5811 EAST 2ND ST.. 5TE. 101
LONG IiACH, CA tIIIII3
1ILI (2131 .....
COMPANIES AFFORDING COVERAGES
lAME AND ADDRESS OF INSURED
ODVB IBVILOHIII! ..
COVI 18ITT-
1209 lISt- VA1IIIlJm llB~
'88'll _. cu.. 92'/OS
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~ 18 aIII'JB DfS1JJWTCB co. ·
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COIIPMY IE .
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111Io10=__01_______....'-...__ nn II......... _q..... tom or
oIq or............_~_ '-'lD_ ...._._ _ be _ or_.......... __ 1Ir" paI__ _ Io",*," III"
___11III__01_......... .
........ PIlUCY .. .
LETTUl TYPEOF INSURANCE POLICY NU":R EXPIRATION DATE EACH AGGMDATE
ace......,.
GENERAL LIA.Lm BDDLY INJURY . .
iii CllIIPREHEIlIINE FIlRII
A IJI........ES-OPERATIO.. m.a~lU'I b/.LQI82 rnurulll' DAMAGE: . . ..
[JI EXPI.08IDN AND COI.LAPSE
HAlAIIl .
o ...O.......UIll HAZARD J
lJIPROlIUCTlIIl:llMPLmD .
OPERATIONS HAZARD BODILY 1NJUR't AND
~ COIITRM:TUAL INSURANCE PIIDPER1Y DAMAGE . 1000 .
~ IlRllOII FllRM PROPERTY COMBINED
-
~ INDEPENDENT CllNTIIIICTlIRI
~ PEIl!IClIW. INJURY I PERSONAL INJURY .
AU1'OMO.LE L~ BDDILY INJURY .
o CllIIPAEHE..... FIlRII (EACH PERSON)
BllDILY '~ .
DOWNED (EACH ACeI
o H'RED PROPERTY_ .
ON_ED 8DDILY INJURY AND
~ll'DAIIAGE .
EXCElS LIAILm
o UIIORELLA RlRM BODILY INJURY AND
PIIDPERTY DAMAGE . .
o DTlIERTHAN U"REUA COMIINED 0
...... ,
..
WORKERI'COMPENSATIDNI 1f-3l"~ .. STATUTORY
B and 1/1/82 .
...m~T .
EMPLOYERI'LIA.LnY crACHM:CIIIEIITJ
OTHER
ElCRIPI'ION DF OPERATIOO8ILClCATIClIlSNEIfCLEl
I .
· vamUs .JOB LOC&!JDIS ~ WWI5lWlIt JD. .JOBS D C&LDOIID ·
. .
CIInNlIdan:
Should any of the above described policies be cancelled belore the expiration date thereol, the issuing com-
pany will ..........,ltf.mail -:10- days written notice to the below named certificate holder. but lailure to
mail.uch notice .hal Impose no obligation or liability 01 any kind upon the company.
,
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ClU' OP Jm.r.ll!A'R)1
DIP!. OP. II.DG. 1& SUI'1'f
303 VIS.,. 0IIIEDIWB&L'lB
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lULLIIi'OI. CALD'. _32
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BIlJ. T RPSI1lA CO ~~
5580 E. St. :1102 ~
, Call'. 90803
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NAME: ANJ ADDRESSOFaRTIFICATEHOLDER:
XlIII 15 11-'"