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Rx Date/ Time JAN-30-2004 ( FRI ) 10 : 04 HO 002
<br /> Jan , 30 , 2004 9 LOAM No ' 2504 P 2
<br /> ' Principal , and further, if the Principal shall promptly make payments to all who supply him with
<br /> labor andfor materials used directly or indirectly by the Principal in the prosecution of the Work . .
<br /> provided for in said Contract, then this obligation shall be null and void ; otherwise , the Principal
<br /> and Surety, jointly and severally, agree to pay the County of Indian River any difference
<br /> between the sum that the County of Indian River may be obliged to pay for the completion of
<br /> said Work, by contract or otherwise, and any damages, whether direct, indirect, or
<br /> ' consequential , including reasonable attorney's fees (including appellate proceedings ) , which the
<br /> County of Indian River may incur as a result of the failure of the Principal to properly execute all
<br /> of the provisions of the Contract.
<br /> AND , the said Principal and Surety hereby farther bind themselves , their successors ; executors,
<br /> administrators and assigns, jointly and severally, that they will amply and fully protect the
<br /> County of Indian River against, and will pay any and all amounts , damages , costs and
<br /> ' judgments which may be recovered against or which the County of Indian River may be called
<br /> upon to pay to any person or corporation by reason of any damage arising fmri the
<br /> performance of the said work, repair or maintenance thereof, or the manner of doing the same,
<br /> or his agents or his servants, or the infringements of any patent rights by reason of the use of
<br /> any material fumished or work done , as aforesaid or otherwise .
<br /> Principal and Surety expressly acknowledge that any and all provisions relating to liquidated
<br /> damages contained in the .Contract are expressly covered by and made a part of this Bond .
<br /> Principal and Surety acknowledge that any such provisions lie within their obligations and within
<br /> ' the policy coverages and limitations of this Bond .
<br /> AND , the said Surety, for value received, hereby stipulates and agrees that no change ,
<br /> extension of time, alteration or addition to the terms of the Contract or to the work to
<br /> be
<br /> performed thereunder, or the Specifications or drawings accompanying the same, shall in any
<br /> way affect its obligations on this Bond , and it does hereby waive notice of any such change ,
<br /> extension of time , alteration or addition to the terms of the Contract or to the Worts or to the
<br /> ' Specifications or Drawings.
<br /> ]Select either SUBSTANTIAL or FINAL completion in the paragraph below)
<br /> AND , the said Principal and Surety jointly and severally covenant and agree that this Bond will
<br /> remain in full force and effect for a period of one year commencing on the date of
<br /> Q 9MAWIFIhal Completion as established on the Certificate of � dal Completion
<br /> as issued by the County of Indian River, Dy
<br /> ' IN WITNESS WHEREOF, the above bound parties executed this instrument under their several
<br /> seals, thisday of , 20,_.,,, the name and corporate seat of
<br /> each corporate party being hereto affixed and these presents duly signed by its undersigned
<br /> representative , pursuant to authority of its governing body.
<br /> '
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<br /> ' 037&00510 - Perf0f==6 Bond
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