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BK: 2725 PG: 1853 <br /> i <br /> f <br /> i <br /> J <br /> 1 <br /> i <br /> t PUBLIC CONSTRUCTION BOND <br /> t <br /> t <br /> Bond No . OCN21 35559 <br /> i <br /> (enter bond number) <br /> Summit Construction of Vero Beac LLC <br /> BY THIS BOND , <br /> We as Principal and <br /> Old Republic Surety Co . , a corporation , as Surety , are bound to Indian River GotfidIrvin <br /> called Owner, in the sum of $ 3 7 s , 7 4 2 . 3 6 for payment of which we bind <br /> ourselves, our heirs , personal representatives , successor's , and assigns , jointly and <br /> severally . <br /> THE CONDITION OF THIS BOND is that if Principal : <br /> 1 . Performs the contract dated Decao6evr 2pv3 between Principal and Owner for <br /> i construction of Gifford Park Bal lfields Grading Imnro , the contract being <br /> made a part of this bond by reference , at the times and in the manner prescribed in the <br /> contract; and <br /> I 2 . Promptly makes payments to all claimants, as defined in Section 255. 05 ( 1 ) , Florida <br /> Statutes, supplying Principal with labor, materials , or supplies, used directly or indirectly <br /> by Principal in the prosecution of the work provided for in the contract; and <br /> 3. Pays Owner all losses , damages , expenses, costs , and attorney's fees , including <br /> appellate proceedings , that Owner sustains because of a default by Principal under the <br /> contract; and ` <br /> 4 . Performs the guarantee of all work and materials furnished under the contract for the <br /> time specified in the contract, then this bond is void ; otherwise it remains in full force. r <br /> Any action instituted by a claimant under this bond for payment must be in accordance <br /> with the notice and time limitation provisions in Section 255 .05(2) , Florida Statutes . <br /> Any changes in or under the contract documents and compliance or noncompliance <br /> with any formalities connected with the contract or the changes does not affect Surety' s <br /> obligation under this bond . <br /> r <br /> DATED ON December 16 , 203 Summit Construction of Vero Beach , LLC <br /> 3 <br /> ( Name of Princioal ) <br /> `7 �• „ Hti r 1 <br /> r <br /> By As Attorney in F <br /> James E . Dicker , y <br /> J <br /> old Republic Suret >viiai ' <br /> Name of ur' <br /> I <br /> i <br /> A TRUE COPY <br /> CERTIFICATION ON LAST PAGE <br /> J . R . SMITH , CLERK <br />