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AND, the said Surety, for value received, hereby stipulates and agrees that no change, extension of <br />time, alteration or addition to the terms of the Contract or to the work to be performed thereunder, or <br />the Specifications or Drawings accompanying the same, shall in any way affect its obligations on this <br />Bond, and it does hereby waive notice of any such change, extension of time, alteration or addition to <br />the terms of the Contract or to the Work or to the Specifications or Drawings. <br />AND, the said Principal and Suretyjointly and severally covenant and agree that this Bond will remain in <br />full force and effect for a period of one year commencing on the date of Substantial Completion as <br />established on the Certificate of Substantial Completion as issued by the County of Indian River. <br />Principal and Surety expressly acknowledge that any and all provisions relating to liquidated damages <br />contained in the Contract Documents are expressly covered by and made a part of this Bond. Principal <br />and Surety acknowledge that any such provision lie within their obligations and within the coverages <br />and limitations of this Bond. <br />Florida Statutes Section 255.05 (2O07)r as amended from time to time, together with all notice and time <br />provisions contained in subsection (2) of Florida Statutes Section 255.05 (2007)0 is incorporated herein <br />in its entirety by this reference. <br />IN WITNESS WHERF�OF, the above bound parties executed this instrument under their several seals, this, <br />_ day of w r� 20D&, the name and corporate seal of each corporate party <br />being hereto affixed and these presents duly signed by its undersigned representative, pursuant to <br />authority of its governing body. <br />(Remainder of this page intentionally left blank) <br />�YYY YYYYYMYY•0 Y Ya Y YY YY YY Y p Y Y Y Y Y Y Y Y Y Y Y Y Y Y a Y a Y Y a Y Y Y Y Y Y R Y Y V M Y Y a Y Y Y Y Y•M a Y■YY••Y Y YY, <br />00610-4 <br />