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P a Bond #3SM 012 00 <br /> FIRST TERM PREMIUM FULLY EARNED <br /> BOND <br /> (Road Maintenance) <br /> KNOW ALL MEN BY THESE PRESENTS: <br /> That we, 1250 OCEANSIDE PARTNERS, a Hawaii limited partnership, of <br /> 78-6831 Alii Drive, Kailua-Kona, Suite K-15, Hawaii 96740, State of Hawaii, as <br /> principal, and AMERICAN MOTORISTS INSURANCE COMPANY, of <br /> Illinois , as surety, are held and firmly <br /> bound unto the County of Hawaii, a municipal corporation of the State of Hawaii, and its <br /> Department of Public Works, hereinafter called the "obligees," their successors and <br /> assigns in the full and just sum of ONE MILLION SIX HUNDRED THIRTY-FIVE <br /> THOUSAND AND NO/100 DOLLARS (51,635.000.00 ), for the payment of which to <br /> the said obligees, their successors and assigns, well and truly to be made, we do hereby <br /> bind ourselves and our respective heirs, executors and administrators, assigns and/or <br /> successors,jointly and severally, firmly by these presents. <br /> Signed, sealed, delivered, and dated this 1.6thday of September. 1999, at <br /> Honolulu State of Hawaii <br /> THE CONDITION OF THIS OBLIGATION IS SUCH THAT: <br /> WHEREAS, the said principal, is the developer of that certain development <br /> known as Holculi'a Phase 1, situated at Hanuaino 4, Hokukano 1 & 2. Kanaueue 1 & 2, <br /> Halekii, Keekee 1 & 2, Ilikahi, Kanakau 1 & 2, Kalukalu 1, 2 & 3, and Oriouli 1, North <br /> and South Kona, Island of Hawaii, County and State of Hawaii, identified by Tax Map <br /> Key No. 3` Division 5-1-004:003; <br /> SCANNED <br /> SEP 0 8 201k <br />