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Bond No.: 7652625 CITY OF SANTA ANA Premium is included in the performance bond BONDS Executed in: 3 Counterparts PROJECT NO. 15-6840: WARNER AVENUE PAVEMENT MAINTENANCE PROJECT NO, 16-6858: FIRST STREET PAVEMENT MAINTENANCE PAYMENT BOND KNOW ALL MEN BY THESE PRESENTS that All American Asphalt as CONTRACTOR, and Fidelity and Deposit Company of Maryland a corporation, organized and existing under the laws of the State, and duly authorized to transact business under the laws of the State of California, as SURETY, are held and firmly boundunto the City of Santa. Ana, as AGENCY, in the penal sum of Two Million Five Hundred Eighty Eight Thousand Six Hundred Ninety Eight and 001100 Dollars ($2,588,698.00 ), which is 100 percent of the total contract amount for the above stated project, for the payment of which sura, CONTRACTOR and SURETY agree to be bound, jointly and severally, finnly by these presents. *of Maryland THE CONDITIONS OF THIS OBLIGATION ARE SUCH that, whereas CONTRACTOR has been awarded and is about to enter into the annexed Contract Agreement with AGENCY dated January 17, 2017 for Project No, 15-6840: Warner Avenue Pavement Maintenance** if CONTRACTOR or any subcontractor fails to pay for any labor- or material of any kind used .in the performance of the Work of Improvement to be done under said Contract Agreement, or fails to submit amounts due under the State Unemployment Insurance Act with respect to said labor, SURETY will pay for the same in an amount not exceeding the sum set forth above, which amount shall insure to the benefit of all persons entitled to file claims under the State Code of Civil Procedures; provided that any alterations in the work to be done, materials to be furnished, or time for completion made pursuant to the terms of the contract documents shall not in any way release either CONTRACTOR or SURETY, and notice of said alterations is hereby waived by SURETY. **Project No. 16-6858: First Street Pavement Maintenance IN WITNESS WHEREOF the parties hereto have set their names, titles, hands, and seal this 23rd day of March _'2017 CONTRACTOR* All American Asphalt - 400 East Sixth Street, Corona, CA 92879 - Phone (951)736-7600 SURETY* Fidelity and Deposit Company of Maryland - 777 S. Figueroa Street, Suite 3900, Los Angeles, CA 90017 David Wei (213)270-0600. Rebecca Haas-Bates,Attorney- I n -F ac Subscribed and sworn to before me, "Please See Attached** , this day of 20. Signature: Notary Public in and for the County of , State of Rate of premium on this bond is $ 3.06 per thousand. Total amount of premium charge is $ Included in Performance Bond , To be filled in by Surely `Provide CONTRACTOR /A DMI TTED .St'IRETY name, address, and telephone number and the name, title, address, and telephone number of authorized represenlative. 2 of 3