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<br /> PERFORMANCE BOND
<br /> KNOW ALL MEN BY THESE PRESENTS .
<br /> BY THIS BOND , we --- ---- ---- - - - - _ Peter R . Brown Construction , Inc . , 13830 58th St N . ,
<br /> as Principal ( Contractor) Clearwater , FL 33760 , 727 - 535 -6407 Ste . 401
<br /> ( Insert name , principal business address , and telephone number of Principal/Contractor)
<br /> and Safeco Insurance Company of America , Safeco Plaza ,
<br /> Seattle , WA 98185 , 206- 545- 5000a Washington
<br /> corporation ,
<br /> 2s Surety ,
<br /> ( Insert name , principal business , and telephone number of Surety )
<br /> are held and firmly bound unto the County of Indian River , Florida , 1840 20th Street , Vero
<br /> Beach , Florida 32960 , ( 772- 567-8000 ), in the sum of Eighteen Million Three Hundred One Thousand -
<br /> Six Hundred Thirty One Dollars ( $ 18 ,301 ,631 .09 , amounting to 100 % of the Cost of the Work , as
<br /> such torm is defined in the Contract , but exclu3ive of the cost of the required payment and
<br /> performance bonds . For the payment of said sum we bind ourselves , our heirs , executors ,
<br /> administrators and assigns , jointly and severally , for the faithful performance of a certain
<br /> written Contract , dated the 7th day of June , 2005
<br /> entered into between the Principal and the County of Indian River , for :
<br /> 64
<br /> Bond Number : 6382758 THIS D
<br /> THIS DOCUMENT HAS BEEN RECORDED
<br /> IN THE PUBLIC RECORDS OF
<br /> Project Name : County Jail Building Expansion INDIAN RIVER COUNTY FL
<br /> County Project Number: RFQ # 7042 BK : 1993 PG : 1307 , Pagel of 7
<br /> 02/10/2006 at 10 : 01 AM ,
<br /> Project Address : 4055 41St Street , Vero Beach , Florida ,JEFFREY K BARTON , CLERK OF
<br /> COURT
<br /> A copy of the Contract is incorporated herein by reference and is made a part hereof as
<br /> fully copied herein .
<br /> NOW , THEREFORE , THE CONDITIONS OF THIS UBLIVAI ION ARE SUCH , that if the
<br /> Principal shall in all respects perform the Contract and its obligations thereunder , at the
<br /> times and in the manner prescribed in the Contract; and perform the guarantee of all work
<br /> and materials furnishpii itnriar tha Contract for the time specified in the Contract ; shall
<br /> indemnify and save harmless the County of Indian River against and from all from
<br /> liabilities , damages , losses and costs , including , but not limited to , reasonable attorney's
<br /> fees , to the extent caused by the negligence , recklessness , or intentional wrongful
<br /> misconduct of the Principal , its agents and employees In the pertormance of the Contract ,
<br /> then this obligation shall be null and void ; otherwise , the Principal and Surety, jointly and
<br /> severally , agree to pay the County of Indian River and difference between the sum that the
<br /> County of Indian River may ha nhliged to pay for the completion of the Work , by contract
<br />
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