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MERCHANTS
<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(herein collectively called the"Companies")do hereby make,constitute and appoint, individually,
<br /> Catherine M Fleck; Deborah Cook;Jason Grill; Kristy A Woods; Marianne Jackson;Timothy S Buhite
<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 /> 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 /> 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 /> "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-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 /> 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 12th day of February , 2021 .
<br /> '............. .•---•.
<br /> ••..•„' 110Nq •••.• .•• \NG Co •• .
<br /> y��pOR, 1.1 :•o?O�PC9l i.l MERCHANTS BONDING COMPANY NATIONAL BONDING, INC.
<br /> (MUTUAL)
<br /> -O- �v v' �y 20 0- el•�•
<br /> 2003 `45 :I. 1933 •c; By
<br /> President
<br /> ..•' '•
<br /> •
<br /> STATE OF IOWA ......•"'.
<br /> COUNTY OF DALLAS ss.
<br /> On this 12th day of February 2021 , 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 instrument 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 their respective Boards of Directors.
<br /> POLLY MASON
<br /> o ease Commission Number 750576po.ttiamc,„so,k_,
<br /> . My Commission Expires
<br /> /oWP January 07, 2023 Notary Public
<br /> (Expiration of notary's commission
<br /> does not 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, I have hereunto set my hand and affixed the seal of the Companies on this 1st day of January ,2023 .
<br /> ,.........., •......
<br /> • .
<br /> v- 2003 y 1933 •c. Secretary
<br /> •:ty - : :J�;. •• •
<br /> POA 0018 (1/20) ""'
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