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I. The•Contractor and the Surety,jointly and eally,bind themselves. and to satisfy claims,i v, their herr&,executors.administrator&.aueces�id assigns to the Owner a the under anv C,)nstrucuon Perto to pay for labor.materials and equipment fu for use in the W or. agree that all funds by the Contractor,n the Rnance Bond. ntanee of the Construction Contract. which is into ! and the Owner acccoung this Bond, they reference. incorporated hereto by Custructtoq Contract are dedicated to satisfy obirgat onsru a�the Con.the 2. With respect to the Owner,this obligation shall be null and void if the tactor and the Surety under this Bond, subject to the Owner's Cun- Contractor, to use the funds for the completion of the work. Dncr� 9. The Surety 2.1. Promptly.makes payment.directly or indirectly•for all sums due Obligations s of the Cont actorl not be s that aree 90 tunreela ed to the Construction Claimants,andhe marts or others for 2. Defends.indemnifies and holds harmless the Owner from all claims, tract.The Owner shall not be liable for pad. and yment of any costs or exp noes demands, liens or suits by any person or entity who furnrsned oblOf lgationy Gnsa o make Payments mant under this on Wye notices on eenalf of for otherwise no labor,'materials or equipment for use in the performance of the have obligations to Clainwnts under this Bind. Construction Contract.provided the Owner has promptly notified the Contractor and the Surety(at the address described in Para. !0. The Surety hereby waives notice of anv char graph 12) of any claims. demands, lies or suits and tendered time, to the Construction Contract or to related sube"oai�t�ttcp me defense Of such claims,demands.lies or suits to the Contractor order and other obligations. and the Surety,and provided there is not 1. No suit or action shall be co 3 With res Owner Default. mmened by a Claimant under this Bond pect to Claimants.this obligation shall be null and void if the other than in a court of competent jurisdiction in the location in which the Contractor promptly makes Payment.directly or indirectly.for all sums wOelt r Part of the work is located or after the due. from the date (1) on which the Clai expiration of one year 4. The Surety shall have no obligation to Claimants under this Bond until: servtc Subparagraph pe ormed bCly anyone ii the last t on whir a e suited by ere 4.1- fill), or f_1 on which the last labor or Claimants who are employed by or have a direct contract with the Contractor have given notice to the Surety(at the address htrt'tuhed by anyone under the Construction Contract, equipment rtot described in Paragraph 12)and sent a co _ or(2)first occurs.If the provisions of this the Owner. stating that a claim is being made under this ono by law•the minimum period o;limitation available to suretiesam void o defettnse and.with substantial accuracy.the amount of the derclaim. in the jurisdiction of the suit shall be applicable, as 4.2. Claimants who do not have a direct contract with the Contractor; 12. Notice to the Surety.the Owner or the Contractor 1. Have furnished written notice to the Contractor and sent a delivered to the address spown on the signature ghat) maild r copy, or notice thereof. to the notice by Surety. the Owner or the Contractor.however receipt of having last performed labor or a Owner. within 90 days after shall be sufficient compliance as of the date aaomPlished. stent included in the dein[stating.furnished materials r Bracy, on the signature P jived at the address shown the amount of the claim and thename of the accuracy, �• Party to whom 13• When this Hod has been furnished o eotnPlY with a statutory or the materials were furnished or supplied or for whom the labor other legal requirement in the location where the Comply w was done or Performed;and Performed.any provision in this Bond conA• construction S was to be 2. Have either received a rejection in whole r in prat from the legal requhumnt shall be deemed deleted herreef n and statutory or Contractor. or not received within 30 days of furnishing the forming o such statutory or other legal requirement shall sions be deemedc . above notice any communication from the Contractor by which the Contractor has indicted the claim wr7)be incorporated herein.The intent is.that this Bond shall be construed as a indirectly;and paid directly or statutory bond and not as a common law bond. 3. Not having been paid within the above 30 da 1e Upon request o any Pelson r entity appearing to be a potent:f written notice to the Surety(at the ys,have sent a tl�iis beneficiary o=ff Bond,the Contractor shall promptly furnish a copy' writs IZ) and sent a c address described in Para- permit a copy to be made. 4• grain that a opy or notice thereof. o the Owner. 13. DEFINITIONS f claim ts being made under this Bond and enclosing 13.1. Claimant:An individual r entity having a a copy of the precious written notice futaished to the Con- Y g direct contract with tractor. the Contractor or with a subcotrvaetor of the Contractor to 3. If a notice required by Paragraph 4 is furnish labor.maaetials or equipment for use in the Performance Contractor r to the Surer firer& 1, the Owner to the ofthe Contract.The intent of this Bond shaA be to include Without 6. When the Y.that is st flicient eompiitusce. limitation in the terms"labor.materials Surety shall promptly �att a Surer corAtios of PstagmPh 4. the of water.gas.power.Iight-heat, r equipment••that Pa+t r rents! gasoline,telephone service actions: Y' pose take the totbwing equipment used in the Construction Contract.aehitec- 6.1. Sed an answer to the Ciai tural and engineering services required for Claimant..with a copthe y to the Owner,within work of the Contractor and the Contractor's subcontractors.or&rmance tand 43 days after receipt of the claim• stating the amounts that are all other items for which a.mechanic's lien may be asserted in undisputed and the basis for challenging any amounts that are the jurisdiction where the labor, materials or disputed. equipment were 6.2. Pay or strange for payment of any undisputed amounts, furnished. 7. The Surety's total obligation shall not exceed the amount I%this Bond, 15.2. the Contract Contract:The agreement between the Owner and and the amount of this Bond shall be credited for an the Contractor identified h the signature.pace, including all good faith by the Surety. Y Payments Wade in Contract Documents and chances thereto. 13.3. Owner Default: Failure of the Owner, which has neither been f- Amounts owed by the Owner to the Contractor under the Constritction remedied nor waived. to w Contract shall be used for the performance of the COnsavction Contract Construction Contract rtoy the Contactor as required by the with the other terms thereof perform and complete or comply (FOR INFORMATION ONLY—Name. Address and Telephone) AGENT or BROKER:- BROWN & BROWN, INC, OWNER'S REPRESENTATIVE (Architect, Engineer or other party): PO BOX 1229 TSA, FL 33601-1229 I