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The Surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of said <br />agreement or the specifications accompanying the same shall in any nnarmer affect its obligations on flus Bond, and it does <br />hereby waive notice of any such change, extension, alteration or addition. <br />IN WITNESS WHEREOF, this instrument has been duly executed by the Principal and Surety above named, on <br />November 3rd , 2014 <br />PRINCIPAL: PALE Inc. doe Excel Paving Company <br />(Type Company Name) <br />By: (C.p ZdL'Iu� <br />I me! C. P. BROWN, FRLMENT <br />La <br />Title: <br />(Attach Aclmowledgements of both Principal and Surety signatures) <br />APPROVED AS TO FORM: <br />City Attorney <br />Payment Bond - P.W. (except subdivisions) <br />02/13 <br />M <br />SURETY: Federal Insurance Company <br />(Type Company Name) <br />By: C. <br />Title: Alt ey in Fact <br />Do las A. Rapp <br />By: <br />Title: <br />