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<br />POWER OF ATTORNEY
<br />Know All Persons By These Presents, that MERCHANTS BONDING COMPANY (MUTUAL) and MERCHANTS NATIONAL BONDING, tNC.,
<br />both being corporations of the State of lowa (herein collectively called the "Companies") do hereby make, constitute and appoint, individually,
<br />Amanda lvey; Andy D Prill; Annette Troseth; Carol Lowell; Chad M Epple; Daniel Keen; Dean R Young; Emma C Doleshei; Heather L Allen; Jennifer
<br />Schultz; JimSKuich; JimWDoyle; Michael AMurphy; NatalieCChau; SMScott; SarahHBehrens; SteveWagner; TedBaran; TheresaALamb
<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 oipersons! guaranteeing the performance of contracts and executing or guaranteeing bonds and undertakings required or permitted in any actions
<br />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 adopteil by the Board of Directors of
<br />MerchantsNational 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
<br />authority to appoint Attorneys'in-Fact, and to authorize them to execute on behalf of the Company, and attach the seal of the Company thereto,
<br />bonds and undertakings, recognizances, contracts of indemnity and otherwritings 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 Attorneyor Certificaiion 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 manuallyfixed.'
<br />lnconnectionwithobligationsinfavoroftheFloridaDepartmentof Transportationonly,itisagreedthatthepowerandauthority herebygiventothe
<br />Attorney-in-Fact includes any and all consents for the release of retained percentages and/or final estimates on engineeiing and- donslruction
<br />contracts required by the State of Florida Department of Transportation. lt is fully understood that consenting to the Siate 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 />ln 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 />ln Witness \Mrereof, the Companies have caused this instrument to be signed and sealed this 11th day of July , 2022
<br />tlta
<br />STATE OF IOWA
<br />COUNTY OF DALLAS
<br />On this 11th day of July 2022 , 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 NATTONAL BOND|NG, tNC.;
<br />-and
<br />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 />ln Witness Whereof, I have hereunto set my hand and affixed the seal of the Companies on this
<br />MERCHANTS BONDTNG COMpANy (MUTUAL)
<br />uencHAls lrllrrorunL BoNDtNG, tNc."fz-"fu
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<br />O Notary Public
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<br />(Expiration of notary's commission does not invalidate this instrument)
<br />I, William Warner, Jr., Secretary of MERCHANTS BONDING COMPANY (MUTUAL) and MERCHANTS NATTONAL BONDtNc, tNC., do hereby
<br />certify that the above and foregoing is a lrue and conect 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 />fftt
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<br />POLLY MASON
<br />Commission Number 750576
<br />My Commission Expires
<br />07,2023
<br />POA 0018 (1/20)
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<br />Ft*).i,.:;fj Secretary
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