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BK : 2064 PG : 616
<br /> (including appellate proceedings), which the County of Indian River may incur as a result of the
<br /> failure of the Principal to properly execute all of the provisions of the Contract.
<br /> AND, the said Principal and Surety hereby further 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 amourrts, 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 from 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 furnished 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 be
<br /> performed thereunder, or the Specifications or Drawings accompanying the same , shall in any
<br /> R® 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 Work or to the
<br /> Specifications or Drawings.
<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 Substantial
<br /> Completion as established on the Certificate of Substantial Completion as issued by the County
<br /> of Indian River.
<br /> IN WITNESS WHEREOF, the above bound parties executed this instrument under their several .
<br /> seals, this 1 day of August 20 06 the name and corporate seal of
<br /> each corporate party being hereto affixed and these presents duly signed by its undersigned
<br /> 1 representative, pursuant to authority of Its governing body.
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<br /> J WHEN THE PRINCIPAL IS AN INDIVIDUAL:
<br /> Signed, seated and delivered In the presence of.
<br /> Witness Signature of Individual
<br /> Address Printed Name of Individual
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<br /> Witness
<br /> Address
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<br /> 00610 - 2 00610 - Performance Bond 2008079.oec
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<br /> ATRUE COPY
<br /> CERTIFICATION ON LAST PAGE
<br /> JX BARTONe CLERK
<br />
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