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<br />I <br /> <br />'t"'i <br />'\ /" {, <br /> <br />'84,- 003725 <br /> <br />r <br /> <br />;H. For the better protection of the Surety, the <br />Indemni tors, jointly and severally , do hereby assign,~r~n8fe.r <br />convey to the Surety,. all of their right, title, int:e:I'est~nd' <br />estate (including homesteads) in and to all of theiI'pr.o~~" ,..' . <br />real, personal or mixed, wherever situated or ofwh~tevernaJ:ur:ei, <br />in which the Indemnitorspresently have, ormayhereaft:el:'B"R~aini <br />an interest, including but not limited to theprop:e:I't~,des.c;ribed; ..... <br />in th_s schedule{s) appended hereto; such.- as's-i'g-i"lmen-t--_to;:)j~_'-,,'~ <br />effective as of the date hereof, subject to beingdi!feat~dil1th;~ <br />event there is: no breach or default in the p:erformanci!C!fanyo'f <br />the provisions covered by any such bond(-s); no breach ordefaul.t <br />in the performance of any of the provisions ofthisagreemenp,rno <br />failure or inability on the part of the bond principa:ltq:prolllptry <br />pay, satisfy or discharge all obligations which mighfcohst;i:tuti!.a:' <br />claim under any such bond(s); and no declaration of defimJ:tby any <br />obligee named in any such bond(s). <br /> <br /> <br />y:'C; <br /> <br />22. It is hereby agreed that the Surety may, withouta~y <br />cause or notice to the Indemnitors, make schedules of any or'aTl <br />of the Indemnitors' real and personal property, attach the same <br />hereto at any time, and file or record this agreement with any and <br />all attached schedules of property (Which by this reference are <br />expressly incorporated herein) under any provisions of law <br />governing the filing or recordation of mortgages, deeds, financing <br />statements and other similar or related docum ,ts. In lieu <br />thereof, the Surety may perf .~c:t its interest .La such property at <br />any time, without any reason or caus'.:. and without notice to the <br />Indemnitors by exercising its power of attorney under sections 17 <br />and 23 and by executing and recording a Quit Claim Deed or a <br />financing statement, or any similar document, in its favor. <br /> <br /> <br /> <br />J <br />:1 <br />-I~ <br />if <br />~~: <br />'.00;' <br />,:-~, <br /> <br />,,- <br />-",c' <br /> <br />23. The Indemnitors, jointly and severally, do hereby <br />irrevocably nominate, constitute, appoint and designate the <br />Surety, its officers, agents and employees, as their attorney-in- <br />fact, with the right, but not the obligation, to exercise all of <br />the rights and interests in property of the Indemnitors hereby <br />assigned, transferred and set over to the Surety and in the name <br />of the Indemnitors, jointly or severally, to make, execute and <br />deliver any and all documents, deeds, mortgages, financing <br />statements, assignments, etc. deemed necessary and proper by the <br />Surety in order to give full effect to the meaning and intent of <br />the within assignment, and the Indemnitors hereby ratify all acts <br />and actions there done by the Surety. The Surety shall not be <br />obligated to perform or discharge, nor does the Surety undertake <br />or assume to perform or to become liable for the performance or <br />discharge of any of the terms, covenants or conditions that are to <br />be kept or performed by the Indemnitors, or any of them, in <br />connection with the matters and things assigned herein. <br /> <br />24. The term nother expenses II in section 2 shall be deemed <br />to include interest at the statutory rate from the date Surety <br />makes any payment under such bonds until Indemnitors have <br />indemnified Surety in full. <br /> <br />25. It is agreed that Surety may assign any of the rights, <br /> <br />-3- <br /> <br />by (.:j-:/MJ UA H <br />j /,'). <br /> <br />u <br /> <br />L <br /> <br />~ <br /> <br />L <br />