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<br /> Bond No. 103668786-M <br /> Gossamer Isle <br /> Premium: $0.00 <br />MAINTENANCE BOND <br />KNOW ALL BY THESE PRESENTS, That we, Ryland Homes of California, Inc., a Delaware <br />Corporation, as Principal, and Travelers Casualty and Surety Company of America., as Surety, are <br />held and firmly bound unto the City of Redwood City , as Obligee, in the penal sum of One <br />Hundred Seventy Eight Thousand & 00/100 Dollars ($178,000.00) to which payment well and truly <br />to be made we do bind ourselves, our and each of our heirs, executors, administrators, successors and <br />assigns jointly and severally, firmly by these presents. <br />WHEREAS, the said Principal entered into a Contract with Obligee for Maintenance at Gossamer <br />Isle. <br />NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH, That if the Principal <br />shall guarantee that the work will be free of any defective materials or workmanship which become <br />apparent during the period of One 0) year(s) following completion of the Contract then this <br />obligation shall be void, otherwise to remain in full force and effect. <br />Signed, sealed and dated this 21st day of October 2004. <br />Principal ( seal) <br />Ryland Homes c., a Delaware <br />Corporation <br />By: '~ <br />Surety <br />Travelers Casualty and Surety Company of America <br />By~À ~. <br />Jor ea, Attorney-in-Fact <br /> r T <br />