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I <br /> MERCHAI' 1/4i <br /> BONDING COMPANY <br /> POWER OF ATTORNEY <br /> I 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 /> Amanda Ivey;Andy D Prill;Annette Troseth;Benjamin Wells;Carol Lowell;Chad M Epple;Deborah L Buss;Jeff Barrom;Jennifer Schultz;Jim S <br /> Kuich;Jim W Doyle;Julie M Glover;Kelly Wilson;Michael A Murphy;Patti White;S M Scott;Steve Wagner;Ted Baran;Theresa A Lamb <br /> 1 <br /> their true and lawful Attorney(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 <br /> I of persons, guaranteeing the performance of contracts and executing or guaranteeing bonds and undertakings required or permitted in any <br /> actions or proceedings allowed by law. <br /> This Power-of-Attorney 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 <br /> I of 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 authority <br /> to appoint Attorneys-in-Fact, and to authorize them to execute on behalf of the Company, and attach the seal of the Company thereto, bonds and <br /> undertakings,recognizances,contracts of indemnity and other writings obligatory in the nature thereof." <br /> I "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 /> I <br /> Attorney-in-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 /> I 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 /> I In Witness Whereof,the Companies have caused this instrument to be signed and sealed this 19th day of February 2019 <br /> .`.* �1....At G C <br /> ION • .�N Q <br /> N4•'gP0%�' 40;: .p*'••RpQ ..A' MERCHANTS BONDING COMPANY(MUTUAL) <br /> !ley:(,..o 4A':2• •�;VO 94•,1•'74•• MERCHANT NATIONAL BONDING,INC. <br /> I iQ:Z -�- <br /> e-,'.1..*:, <br /> •: <br />