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i. <br /> TME o The Guarantee Company of North America USA <br /> ^ GUARANTEE Southfield, Michigan <br /> POWER OF ATTORNEY <br /> NOW ALL BY THESE PRESENTS: That THE GUARANTEE COMPANY OF NORTH AMERICA USA, a corporation organized and existing under the <br /> laws of the State of Michigan,having its principal office in Southfield,Michigan,does hereby constitute and appoint <br /> Gerald J.Arch,Michael A.Holmes <br /> Brown&Brown of Florida, Inc. <br /> its true and lawful attomey(s)-in-fact to execute,seal and deliver for and on its behalf as surety,any and all bonds and undertakings,contracts of indemnity <br /> and other writings obligatory in the nature thereof,which are or may be allowed,required or permitted by law,statute,rule,regulation,contract or otherwise. <br /> The execution of such instrument(s)in pursuance of these presents,shall be as binding upon THE GUARANTEE COMPANY OF NORTH AMERICA USA <br /> as fully and amply,to all intents and purposes,as if the same had been duly executed and acknowledged by its regularly elected officers at the principal <br /> office. <br /> The Power of Attorney is executed and may be certified so,and may be revoked, pursuant to and by authority of Article IX, Section 9.03 of the By-Laws <br /> adopted by the Board of Directors of THE GUARANTEE COMPANY OF NORTH AMERICA USA at a meeting held on the 31st day of December,2003. <br /> The President,or any Vice President,acting with any Secretary or Assistant Secretary,shall have power and authority: <br /> 1. To appoint Attorney(s)-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,contracts of indemnity and other writings obligatory in the nature thereof;and <br /> 2. To revoke,at any time,any such Attorney-in-fact and revoke the authority given,except as provided below <br /> 3. In connection with obligations in favor of the Florida Department of Transportation only,it is agreed that the power and authority 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 contracts <br /> required by the State of Florida Department of Transportation. It is fully understood that consenting to the State of Florida Department of Transportation <br /> making payment of the final estimate to the Contractor and/or its assignee,shall not relieve this surety company of any of its obligations under its bond. <br /> 4. In connection with obligations in favor of the Kentucky Department of Highways only, it is agreed that the power and authority hereby given to the <br /> Attorney-in-Fact cannot be modified or revoked unless prior written personal notice of such intent has been given to the Commissioner-Department <br /> of Highways of the Commonwealth of Kentucky at least thirty(30)days prior to the modification or revocation. <br /> Further,this Power of Attorney is signed and sealed by facsimile pursuant to resolution of the Board of Directors of the Company adopted at a meeting <br /> duly called and held on the 6th day of December 2011,of which the following is a true excerpt: <br /> RESOLVED that the signature of any authorized officer and the seal of the Company may be affixed by facsimile to any Power of Attorney or certification <br /> thereof authorizing the execution and delivery of any bond, undertaking, contracts of indemnity and other writings obligatory in the nature thereof, and <br /> such signature and seal when so used shall have the same force and effect as though manually affixed. <br /> IN WITNESS WHEREOF,THE GUARANTEE COMPANY OF NORTH AMERICA USA has caused this instrument to be signed and <br /> reEo its corporate seal to be affixed by its authorized officer,this 2nd day of October,2015. <br /> o,� <br /> 4 $ THE GUARANTEE COMPANY OF NORTH AMERICA USA <br /> o,� Q <br /> AIAS^'$ gi.� 0 4(,:44;eazegxec_e____d_a_,sa_a_.,...._ <br /> STATE OF MICHIGAN Stephen C.Ruschak,President&Chief Operating Officer Randall Musselman,Secretary <br /> County of Oakland <br /> On this 2nd day of October,2015 before me came the individuals who executed the preceding instrument,to me personally known,and being by me duly <br /> sworn, said that each is the herein described and authorized officer of The Guarantee Company of North America USA; that the seal affixed to said <br /> instrument is the Corporate Seal of said Company;that the Corporate Seal and each signature were duly affixed by order of the Board of Directors of said <br /> !^"# Cynthia A. Takai IN WITNESS WHEREOF,I have hereunto set my hand at The Guarantee <br /> `A�p=Afr Notary Public,State of Michigan Company of North America USA offices the day and year above written. <br /> vrArrk-:....- County of Oakland a• <br /> ] . <br /> `'="':-'�iiB'L-1at � My Commission Expires February 27,2018 / �C:C-I�G�-C.i <br /> ,i yC Acting in Oakland County <br /> Ci,9}v,.1.- <br /> I,Randall Musselman,Secretary of THE GUARANTEE COMPANY OF NORTH AMERICA USA,do hereby certify that the above and foregoing is a true <br /> and correct copy of a Power of Attorney executed by THE GUARANTEE COMPANY OF NORTH AMERICA USA,which is still in full force and effect. <br /> i=areEo IN WITNESS WHEREOF,I have thereunto set my hand and attached the seal of said Company this 13thday of April ,20,18 <br /> o <br /> e:4 a rex.ei t s xf.,4.....i.....,...a..0... ..___e <br /> O �P <br /> Gy A� /' Randall Musselman,Secretary <br /> — - <br />