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on this Bond, and the Surety hereby waives notice of any such change, extension of time , alterations of or addition to the terms of the Contract, or to the Work or to the Specifications or to the Drawings . The Surety represents and warrants to the County of Indian River that it has a Best's Key Rating Guide , General Policyholder's rating of " A - " and Financial Size Category of Class " VII" . The Principal and Surety jointly and severally covenant and agree that this Bond will remain in full force and effect for a period of one year commencing on the date of Final Completion as established on the Certificate of Final Completion as issued by the County of Indian River. The Principal and Surety jointly and severally, agree to pay the County of Indian River all losses , damages , expenses, costs, and attorney ' s fees, including appellate proceedings, that the County of Indian River sustains because of a default by the Principal under the Contract . 6 IN WITNESS WHEREOF , the above bound parties executed this instrument under their several seals, this day of , 20_, the name and corporate seal of each corporate party being hereto affixed and these presents duly signed by its undersigned representative, pursuant to authority of its governing body. WHEN THE PRINCIPAL IS A CORPORATION: Attest : Secretary Name of Corporation BY : (Affix Corporate SEAL) Printed Name Official Title CERTIFICATE AS TO CORPORATE PRINCIPAL I , certify that I am the Secretary of the corporation named as Principal in the within bond; that , who signed the said bond on behalf of the Principal was then of said corporation: that I know his signature , and his signature thereto is genuine; and that said Bond was duly signed, sealed and attested for and on behalf of Said corporation by authority of Its governing body . Secretary ( SEAL) TO BE EXECUTED BY CORPORATE SURETY : Page 52 of 55