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employees, and agents, as stipulated in the Improvement Agreement, then this obligation shall <br />become null and void; otherwise it shall be and remain in full force and effect. <br />As part of the obligation secured hereby, and in addition to the face amount <br />specified therefor, there shall be included costs and reasonable expenses and fees, including <br />reasonable attorney's fees, incurred by City in successfully enforcing such obligation, all to be <br />taxed as costs and included in any judgment rendered. <br />Surety, for value received, hereby stipulates and agrees that no change, extension <br />of time, alteration, or addition to the terms of the Improvement Agreement, or to any plans, <br />profiles, and specifications related thereto, or to the Public Improvements to be constructed <br />thereunder, shall in any way affect its obligations on this bond, and it does hereby waive notice <br />of any such change, extension of time, alteration, or addition. <br />This bond is executed and filed to comply with Section 66499 et sem. of the <br />Government Code of California as security for performance of the Improvement Agreement and <br />security for the one-year guarantee and warranty of the Public Improvements. <br />IN WITNESS WHEREOF, the seal and signature of the Principal is hereto <br />affixed, and the corporate seal and the name of the Surety is hereto affixed and attested by its <br />duly authorized Attorney -in -Fact at , this day of <br />Principal Surety <br />By: By: <br />President Attorney -in -Fact <br />(print name) (print name) <br />NOTE: APPROPRIATE NOTARIAL ACKNOWLEDGMENTS OF EXECUTION <br />BY PRINCIPAL AND SURETY, AND A COPY OF THE POWER OF <br />ATTORNEY TO LOCAL REPRESENTATIVES OF THE BONDING <br />COMPANY MUST BE ATTACHED TO THIS BOND. <br />CADocuments and Settingslmarcamartinez\i.ocal SettingsGempoiary Internet N1es\0I-K207WK901 !. DOC2 I <br />