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This is where the Bond <br /> begins to list the <br /> specific conditions <br /> when the Surety has <br /> to pay the CUPA. <br /> State or California-California Environmental Protection Agency / Department of Toxic Substances control <br /> OR.if the Principal shall provide allernate financial assurance.as specified In California Code of Regulations.title 22.division <br /> 4 5,chapter 15,article 8.as applicable,and obtain written approval from the CUPA of such assurance,within 90 days after the date <br /> notice of cancellation is received by both the Principal and the CUPA,or designee,from the Surety(ies),then this obligation shall be <br /> null and void,otherwise it is to remain In full force and effect <br /> The Surety(tes)shall become liable on this bored obligation onlywhen the Principal hasfailed to fulfill the conditions described <br /> above Upon notification by the CUPA that the Principal has failed to perform as guaranteed by this bond,the Surety(ies)shall place <br /> funds In the amount guaranteed for the facdity(ies)fTTU(s)Into the standby trust fund as directed by the CUPA <br /> The liability of the Surety(ies)shall not be discharged by any payment of or succession of payments hereunder,unless and <br /> until such paymentor payments shall amount in the aggregate to the penal sum of the bond.but In no event shall the obligation of the <br /> Surety(ies)hereunder exceed the amount of said penal sum. <br /> The Surety(ies)may cancel the bond by sending notice of cancellation by certified mall to the Principal and to the CUPA, <br /> provided,however,that cancellation shall not occur during the 120 days beginning on the date of receiptof the notice of cancellation <br /> by both the Principal and the CUPA,as evidenced by the return receipts. <br /> The Principal may terminate this bond by sending written notice to the Surety(ies),provided,however,that no such notice <br /> shall become effective until the Surety(ies)feceive(s)written authorization for termination of the bond from the CUPA <br /> IN WITNESS WHEREOF,the Principal andSurety(les)have executed this Financial Guarantee Bond and haveaffixed their <br /> seals on the date set forth above. <br /> The persons whose signatures appear below hereby certify that they are authorized to execute this surety bored on behalf of <br /> the Principal and Surety(ies),that the wording of this surety bond is identrcal to the wording specified in California Code of <br /> Regulations,title 22,section 66264.151 subsection(b),and is being executed in aocordance with the requirements of Caldornia Code <br /> of Regulations,title 22,division 4.5.chapter 15,article 8 and section 67450.13 <br /> PrirfclP81 Sfg"atnrs Corporate Saretyfle$)Nome: <br /> J 7/J , I lourebound Caswilty Surrty Cu. <br /> u<.n_ .r <br /> .ypad or Pd"ted Hamat«uo/�is<Pen:.." gM"g., Addrass: <br /> Juan V.Rawlings I UFrst t:wchlan,Suite II t <br /> Wexton.PA 19.342 <br /> Tide: Stals o": <br /> Chief of Operations Connecticut <br /> Corporate Seat <br /> Attorney in tact <br /> .Typed OrPr7 ted Name of Person SIVIng: <br /> Julius I'.'Ovwr <br /> ao"dArem om: C <br /> S 1'000Af per Annum <br /> Corporate Seal <br /> i <br /> [For every cosurety provide signature(s) corporate seal,and other i to tion in the sante manneer as for life surety above.) <br /> [The Bond should have signatures <br /> from both the principal (operator) <br /> and the surety company. <br /> OTSC 11661.1(02101M07) Peps 2 of 2 <br />