M ERC HANT7 717�� Bond #: 339464
<br />BONDING COMPANY -
<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 />Heim ,P Parker
<br />their true and lawful Attorney(&)win -Fact, to sign its name as surety(ios) 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
<br />of persons, guaranteeing the performance of contracts and executing or guaranteeing bonds and undertakings required or permitled in any
<br />actions or proceedings allowed by low.
<br />This Power-ofAttorney to 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. 20111 and amended August 14, 2D15 and adopted by the Board of Directors
<br />of Merchants National Bonding, Inc., on October 16. 2016.
<br />'The President, Secretary, Treasurer, or any Assistant Treasurer or any Assistant Secretary or any Vice President shall have power and authority
<br />to appoint Attorneys -in -Fact, and to authorize there to execute on behalf of the, Company, and stlach the seal of the Company thereto, bonds and
<br />undertakings, recognizances, contracts of indemnity avid other weittngs obligatory In the nature thereof.'
<br />"The signature of any authorized officer and the seat 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-ln°.Fact Includes any and all consents for the release of retained percentages andlor 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 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 />In Witness Whereof, the Companies have caused this instrument to be signed and Sealed this 27th day of November 2018
<br />ozpoj?,*0 fz� P Qh, MERCHANTS BONDING COMPANY (MUTUAL)
<br />WRCHANT NATIONAL BONDING, INC�
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<br />*4' 1'9133 By
<br />2003
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<br />PeosidenI
<br />STATE OF IOWA
<br />COUNTY OF DAL AS as.
<br />On this this 27th day of November 2018 before me appeared Larry Tayto(, to me personally known, who being by me duly sworn
<br />did say that lie is President of MERCHANTS BONDING COMPANY (MUTUAL) and MERCHANTS NATIONAL BONDING, INC,; and that the
<br />seals affixed to the foregoing instrument are then Corporate Seals of the Companle% and that the said Instrument was, signed and sealed In behalf
<br />of the, Companies by authority of their respective Boards of Diroclors,
<br />AUCIA K.GRAM
<br />CommiWon Number 767430
<br />My Carrinission Expires C
<br />1!4 APO 1, 2020
<br />Notary Public
<br />(Expiration of notary's commission
<br />does not Invalidate this instrument)
<br />1, 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 sold Companies, which Is still in full
<br />force and effect and has not been amended or revoked.
<br />In Witness Whereof, I have hereunto W my hand and affixed the seal of the Companies on this 27th day of November 12018
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<br />Secretary
<br />POA 00 18 (3117)
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