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PROVIDED FURTHER, this bond is NONCANCELLABLE, and shall renew <br />annually automatically, from the date of this bond until its release by <br />Obligee, to guarantee that Principal shall well, truly and faithfully <br />perform its duties, and all of the undertakings, covenants, terms, and <br />conditions set forth in the Improvements Agreement, and any extensions <br />thereof which may be granted by Obligee with or without notice to <br />Surety. <br />The parties to this Performance Bond acknowledge that through the <br />Improvements Agreement, Obligee reserved the right to require Principal <br />to obtain a different Performance Bond from a financial institution <br />other than Surety in the event that the rating of Surety by AM Best <br />falls below a B+ rating. <br />IN WITNESS WHEREOF, this instrument is executed in four (4) <br />counterparts, each one of which shall be deemed an original, this <br />day of Qr/Gri�7- 2011. <br />Ll <br />Principal Secretary /Witness <br />(SEAL) <br />Witness as to Surety <br />P.O. Box 578 <br />Address <br />Greeley, CO 80632 <br />Address <br />Journey Ventures LLC <br />Principal <br />B 61'A4:-S F <br />itle <br />Hartford Casualty Insurance Company_ K'Anne E. Vogel, Attorney -in -Far <br />One Hartford Plaza <br />Address <br />Hartford, CT 06155 -0001 <br />Address <br />IMPORTANT: Surety company executing bond must appear on the Treasury <br />Department's most current list (Circular 570 as amended) and be <br />authorized to transact business in the State of Colorado_ <br />Bond must be accompanied with Attorney -in Fact's authority from the <br />surety company certified to include the date of the bond. <br />