þ KNOW ALL MEN BY THESE PRESENTS: þ That we, (Name of Subdivider) as Principal, and (Name of Surety), a corporation organized and doing business under and by virtue of the laws of the State of (Name of Association), a community association described in Civil Code Section 4800, as Obligee, in the penal sum of Dollars ($), for the payment of which we þ WHEREAS, this bond is executed, issued, furnished and otherwise given on behalf of the Principal, an applicant for a to Obligee under the Security Agreement provisions of the Security Agreement and Instructions to Escrow Depository (herein þ NOW THEREFORE, the condition of the obligation is such, that, if the said Principal shall promptly and faithfully þ Surety, for value received, does hereby waive the right granted to Surety under California Civil Code Section 2845 to require that Obligee proceed independently against Principal to enforce this obligation, but reserves to itself any right under þ SUBDIVIþsSIONþsS BOND þNN UM þbB ER þ PREMIUM STATE OF CALIFORNIAþDDEPARTMENT OF þRREAL þEEþsSTATESURETY BOND(REGULATION 2792.10) Name of Principal Signature of PrincipalName of SuretySignature of Surety American LegalNet, Inc. www.FormsWorkFlow.com