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EHA. <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, d/b/a Merchants National Indemnity Company (in California only) (herein collectively caped the <br />"Companies") do hereby make, constitute and appoint, individually, <br />Frank TuoxmD <br />their true and lawful Attomey(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 business of guaranteeing the fidelity of <br />persons, guaranteeing the performance of contracts and executing or guaranteeing bonds and undertakings required or permitted in any actions <br />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) on April 23, 2011 and amended August 14, 2015 and adopted by the Board of Directors of <br />Merchants National 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 and <br />authority to appoint Attomeys-in-Fact, and to authorize them to execute on behalf of the Company, and attach the seal of the Company thereto, <br />bonds and 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 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 -fn -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 relieve 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 atltl: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 />In Witness Whereof, the Companies have caused this instrument to be signed and sealed this 8th day of December . 2022 <br />•��'�����+torr• ��"""'` MERCHANTS BONDING COMPANY (MUTUAL) <br />o•.p'C4aN.ti� `•a <br />• ..•-` .. �' +� <br />MERCHANTS NATIONAL BONDING, INC. <br />�*�RQ�•� d/b/a MERCHANTS NATIONAL INDEMNITY COMPANY <br />-4j.- <br />2003-ADB <br />: y <br />STATE OF IOWA •rrr�xiasw•?•}.'R,rt� President <br />COUNTY OF DALLAS ss. <br />On this 8th day of December 2022 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 insVtimant 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 Moir respects Boards of Directors. <br />w3Y/f <br />fi��atiar73/ + <br />Notary Public <br />(Expiration of notary's commission does net 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, 1 have hereunto set my hand and affiaeetl the seal of the Companies on this 26th day of January 2024 <br />�,�wtltlNAl y ., <br />s: <br />i <br />t <br />I <br />t <br />POA 0018 (10/22) <br />