HomeMy WebLinkAboutSPAIN_TOWER_118223_16280470_Security Bond_10-12-2021 Bond No. 019048140
Tower Removal Bond
KNOW ALL MEN BY THESE PRESENTS: That Verizon Wireless Personal
Communications LP d/b/a Verizon Wireless (hereinafter called the Principal), and Liberty
Mutual Insurance Company (hereinafter called the Surety), a corporation duly organized
under the laws of the State of Massachusetts are held and firmly bound unto St. Lucie
County Planning and Development Services 2300 Virginia Ave Fort Pierce FL 34982
(hereinafter called the Obligee), in the full and just sum of Five Thousand and 00/100
Dollars ( 5 000.00 , the payment of which sum,well and truly to be made, the said Principal
and Surety bind themselves, and each of their heirs, administrators, executors, and assigns,
jointly and severally, firmly by these presents.
WHEREAS, the Obligee has entered into an Agreement with the Principal related to the
installation of an antenna to an existing telecommunications site and as a requirement of
such agreement or permit the Principal is obligated for the removal of the
telecommunications equipment from property identified as Spain Tower Loc. Code 118223
Project # 120385 located at 6189 N. US Hwy 1, Fort Pierce, FL 34946 upon discontinuance
of service.
WHEREAS, the Obligee has agreed to accept this bond as security for performance of
Principal's obligations under said agreement or permit during the time period this bond
remains in effect.
NOW,THEREFORE,THE CONDITION OF THIS OBLIGATION IS SUCH that if the
Principal shall perform its obligations under said agreement or permit as stipulated above,
then this obligation shall be void, otherwise to remain in full force and effect, unless
otherwise cancelled as hereinafter provided.
PROVIDED HOWEVER, that this bond is executed subject to the following express
provisions and conditions:
1. In the event of default by the Principal, Obligee shall deliver to Surety 'a written
statement of the details of such default within thirty (30) days after the Obligee shall
learn of the same, such notice to be delivered by certified mail to address of said Surety
as stated herein.
2. This bond may be terminated or canceled by surety by giving not less than sixty (60) days
written notice to the Obligee, stating therein the effective date of such termination or
cancellation. Such notice shall not limit or terminate any obligations resulting from
default by the Principal that may have accrued under this bond as a result of default by
Principal prior to the effective date of such termination.
3. Neither cancellation not termination of this bond by Surety, nor inability of Principal to
file a replacement bond or replacement security for its obligations, shall constitute a loss
to the Obligee recoverable under this bond.
Bond No. 019048140
4. No claim, action, suit or proceeding shall be instituted against this bond unless same be
brought or instituted and process served within one year after termination or
cancellation of this bond.
5. No right of action shall accrue on this bond for the use of any person, corporation or
entity other than the Obligee named herein or the heirs, executors, administrators or
successors of the Obligee.
6. The aggregate liability of the surety is limited to the penal sum stated herein regardless of
the number of years this bond remains in force or the amount or number of claims
brought against this bond.
7. If any conflict or inconsistency exists between the Surety's obligations as described in
this bond and as may be described in any underlying agreement, permit, document or
contract to which this bond is related, then the terms of this bond shall prevail in all
respects.
8. It is expressly understood and agreed that this bond does not cover or guarantee rent or
lease payments of any kind.
9. This bond shall not bind the Surety unless the bond is accepted by the Obligee. If the
Obligee objects to any language contained herein,within 30 days of the date this bond is
signed and sealed by the Surety, Obligee shall return this bond, certified mail or express
currier, to the Surety at its address at:
Liberty Mutual Insurance Company
175 Berkeley Street
Boston,MA 02116
617.357.9500
Failure to return the bond as described above shall constitute Obligee's acceptance of
the terms and conditions herein.
IN WITNESS WHEREOF, the above bounded Principal and Surety have hereunto signed
and sealed this bond effective this 4th day of September. 2014
Verizon Wireless Personal Communications LP Liberty Mutual Insurance Company
d/b/a Verizon Wireless
By: By
Aa!O�
sephine Conde,Real Estate Manager Lori Baybutt, ttorney-in-Fact
THIS POWER OF ATTORNEY IS NOT VALID UNLESS IT IS PRINTED ON RED BACKGROUND.
This Power of Attorney limits the acts of those named herein,and they have no authority to bind the Company except in the manner and to the extent herein stated.
Certificate No.6577283
American Fire and Casualty Company Liberty Mutual Insurance Company
The Ohio Casualty Insurance Company West American Insurance Company
POWER OF ATTORNEY
KNOWN ALL PERSONS BY THESE PRESENTS: ThatAmerican Fire&Casualty Company and The Ohio Casualty Insurance Company are corporations duly organized under the laws of
the State of New Hampshire,that Liberty Mutual Insurance Company is a corporation duly organized under the laws of the State of Massachusetts,and WestAmerican Insurance Company
is a corporation duly organized under the laws of the State of Indiana(herein collectively called the"Companies"),pursuant to and by authority herein set forth,does hereby name,constitute
and appoint, Carolyn D.James:Christine Hession; David A Wvsong Elvia E Foil;Jeffrey Tyler; Karen S. Doerrer: Kim Sullivan;Lori Bavbutt Myrna
Smith
all of the city of Washington state of DC each individually if there be more than one named,its true and lawful attorney-in-fact to make,execute,seal,acknowledge
and deliver,for and on its behalf as surety and as its act and deed,any and all undertakings,bonds,recognizances and other surety obligations,in pursuance of these presents and shall
be as binding upon the Companies as if they have been duly signed by the president and attested by the secretary of the Companies in their own proper persons.
IN WITNESS WHEREOF,this Power of Attorney has been subscribed by an authorized officer or official of the Companies and the corporate seals of the Companies have been affixed
thereto this 15th day of May 2014
i,�r_C.A. � L sf; ; .�(;A A> American Fire and Casualty Company
�� 'af ��,° „">,''� �' '�'•�'' 's ' The Ohio Casualty Insurance Company to
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l t 0 #a 9 t r 1 12 wr t t Liberty Mutual Insurance Company 4)
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West merican Insurance Company
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STATE OF PENNSYLVANIA ss David M.Care ,Assistant Secretary c
L COUNTY OF MONTGOMERY R
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d O On this 15th dayof May 2014 O
before me personally appeared David M. Carey, who acknowledged himself to be the Assistant Secretary of American Fire and
U 3 Casualty Company,Liberty Mutual Insurance Company,The Ohio Casualty Insurance Company,and WestAmerican Insurance Company,and that he,as such,being authorized so to do, >,N
O R execute the foregoing instrument for the purposes therein contained by signing on behalf of the corporations by himself as a duly authorized officer. C L J
m > IN WITNESS WHEREOF,I have hereunto subscr' and affixed my notarial seal at Plymouth Meeting,Pennsylvania,on the day and year first above written. O Q
yA& CLS�tv ORWEALTri OF PEW SYLVANA CD
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.pry >>,t I� By: o
O i i= t ,M..Murw�h fwp..n� me y ovit t7 Teresa Pastella,Notary Public
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C m This Power of Attorney is made and execute A it ority of the following By-laws and Authorizations of American Fire and Casualty Company,The Ohio Casualty Insurance ,(n o
Company,Liberty Mutual Insurance Company, stAr 'Jil Insurance Company which resolutions are now in full force and effect reading as follows: .c o
ARTICLE IV—OFFICERS—Section 12.Power of Attorney.Any officer or other official of the Corporation authorized for that purpose in writing by the Chairman or the President,and subject O C
4) to such limitation as the Chairman or the President may prescribe,shall appoint such attorneys-in-fact,as may be necessary to act in behalf of the Corporation to make,execute,seal, w(D
O.� acknowledge and deliver as surety any and all undertakings,bonds,recognizances and other surety obligations. Such attorneys-in-fact,subject to the limitations set forth in their respective 3
E y powers of attorney,shall have full power to bind the Corporation by their signature and execution of any such instruments and to attach thereto the seal of the Corporation. When so d
O M executed,such instruments shall be as binding as if signed by the President and attested to by the Secretary.Any power or authority granted to any representative or attorney-in-fact under >
T the provisions of this article may be revoked at any time by the Board,the Chairman,the President or by the officer or officers granting such power or authority. (D
C ARTICLE XIII—Execution of Contracts—SECTION 5.Surety Bonds and Undertakings.Any officer of the Company authorized for that purpose in writing by the chairman or the president, w o0
> L and subject to such limitations as the chairman or the president may prescribe,shall appoint such attorneys-in-fact,as may be necessary to act in behalf of the Company to make,execute, M o seal,acknowledge and deliver as surety any and all undertakings,bonds,recognizances and other surety obligations. Such attorneys-in-fact subject to the limitations set forth in their E_o0
respective powers of attorney,shall have full power to bind the Company by their signature and execution of any such instruments and to attach thereto the seal of the Company. When so O(D
executed such instruments shall be as binding as if signed by the president and attested by the secretary. L)T—
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Certificate of Designation—The President of the Company,acting pursuant to the Bylaws of the Company,authorizes David M.Carey,Assistant Secretary to appoint such attorneys-in- ~
fact as may be necessary to act on behalf of the Company to make,execute,seal,acknowledge and deliver as surety any and all undertakings,bonds,recognizances and other surety
obligations.
Authorization—By unanimous consent of the Company's Board of Directors,the Company consents that facsimile or mechanically reproduced signature of any assistant secretary of the
Company,wherever appearing upon a certified copy of any power of attorney issued by the Company in connection with surety bonds,shall be valid and binding upon the Company with
the same force and effect as though manually affixed.
I,Gregory W.Davenport,the undersigned,Assistant Secretary,of American Fire and Casualty Company,The Ohio Casualty Insurance Company,Liberty Mutual Insurance Company,and
West American Insurance Company do hereby certify that the original power of attorney of which the foregoing is a full,true and correct copy of the Power of Attorney executed by said
Companies,is in full force and effect and has not been revoked.
IN TESTIMONY WHEREOF,I have hereunto set my hand and affixed the seals of said Companies this �day of !*T)Vmkler 201 14
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G€ 14 �+ 1997 _. By:
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k a ¢• a' � ' Gregory W.Davenport,Assistant Secretary
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