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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 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 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 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 /> 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 <br /> to 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 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 <br />of Final <br /> Completion as established on the Certificate of Final Completion as issued by the County of <br /> Indian River . <br /> IN WITNESS WHEREOF , the above bound parties executed this instrument under their several <br /> seals , this day of , 20_, the name and corporate seal 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 /> WHEN THE PRINCIPAL IS AN INDIVIDUAL : <br /> Signed , sealed and delivered in the presence of: <br /> Witness Signature of Individual <br /> Address Printed Name of Individual <br /> Witness <br /> Address <br /> [The remainder of this page was left blank intentionally] <br /> 00610 - Performance Bond REV 04-07 . doc <br /> 00610 - 2 <br /> FAEngineering\Spacial Projects\Eagle Trace Phase 2\Contract Documents\Eagle Trace Subdivision Phase IR00610 - Performance Bond REV 04-07.doc <br />