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<br />SIGNED and SEALED this <br /> <br />24th <br /> <br />March <br /> <br />2006. <br /> <br />day of <br /> <br />MORRIS SEALCOAT & TRUCKING, INC, <br />PRtNCtPAL <br /> <br />ByJ~~{ '-II1IJ//Of)d <br /> <br />Title: Suzanne M. Holland, President <br /> <br />(SEAL OF PRINCIPAL) <br /> <br />IMPORTANT NOTICE <br />An individual doing business <br />under a firm name must give both <br />names, and the individual shall <br />designate himself as sole owner. <br /> <br />(SEAL OF SURETY) <br /> <br />By: <br /> <br />~~ <br /> <br />, <br /> <br />If a partnership. so state. and at <br />least one member of such <br />partnership must sign. <br /> <br />If a corporation, the full corpo- <br />rate name must be used and <br />the execution must be by an officer <br />of the corporation. <br /> <br />MERCHANTS BONDING COMPANY <br />SURETY <br /> <br />2100 Fleur Drive, Des Moines, IA 50312 <br />COMPLETE MAILtNG AOORESS <br /> <br />Title: Kurt C. Lundblad, Attorney-in-fact <br /> <br />360 W. Larpenteur Ave., St. Paul, rnN 55113 <br />COMPLETE MAILING AOORESS <br /> <br />Any other person executing for <br />the principal or surety must at- <br />tach a power of attorney. <br /> <br />NOTICE TO SURETY <br />Section 26.1-03-01, N.D.C.C, Provides: <br /> <br />"Limitation on risks acceptable by company. An insurance company transacting an insurance business in this <br />state may not expose itself to loss on anyone risk or hazard to an amount exceeding ten percent of its paid-up capital <br />and surplus if a stock company, or ten percent of its surplus if a mutual company, unless the excess is reinsured." <br /> <br />If excess reinsurance agreements are required on this bond, an affidavit executed by an officer of the surety shall be <br />attached. stating that such reinsurance agreements have been entered into and are in effect at the time the bond is <br />executed, giving the name an address of all companies with whom such agreements have been entered, and that <br />copies of such reinsurance agreements will be furnished to the North Dakota commissioner of insurance. <br /> <br />ACKNOWLEDGMENT OF PRINCIPAL <br /> <br />State of Minnesota <br /> <br />County of ~ope. <br /> <br />On this 24th day of March 2006, before me a notary public in and for the state of <br />Minnesota , personally appeared Suzanne M. Holland , known to me to <br />be Prp"iclpnt (title) of the principal described in the within instrument and who executed the <br />same and acknowledged to me that the same was executed for and on behalf of said principal. <br /> <br />ss. <br /> <br />JlJw.l ~ri~ Q. Q"~..\o vr' ..x-;>y.-y' <br />Notary Public, State of \-\ \'n~lJiO. <br /> <br />qevrA\chl.C A. \?c'(~(: hy~, " <br />tNolary Public mUI>! prillt or typo namo re.! <br /> <br />My Commission expires -:)an, a \ .000",_ <br /> <br />" >;,~~:'}1~~'~~'-.~",:. "/:~~.',..;;.N,.., <br />~"''''' .."...I.All. ...Ct E"~cni 'T"" ..' <br />~;..!~ I"'('HJ~d , . '-' "UC:tJ ~l.: 'JJ.P'I' <br />.t ~;:~'~:~~'<I;rJr.. . .~';;~IUr. MUmE:iUTA <br />., ,,:,~!..... .' ~.,>', ,J~il. :t(N69M~EAL) <br />""~"'i;.'\l'ti.Jrf'd'N" <br /> <br />2 of3 <br />