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BK : 2536 PG : 2250 <br /> { <br /> PUBLIC CONSTRUCTION BOND ! <br /> Bond No . 1002151 <br /> ( enter bond number) <br /> BY THIS BOND , We Goodson Paving . Inc <br /> The Hanover Insurance Corn as Principal and <br /> r , a corporation , as Surety , are bound to Indian River County <br /> herein called Owner, in the sum of $ 110744121 . 26 <br /> for <br /> bind ourselves , our heirs , personal representatives , successors , which we <br /> anpd ayment assigns f jointly and <br /> severally . <br /> THE CONDITION OF THIS BOND is that if Principal : <br /> 1 . Performs the contract dated LLL , � n ! 1, between Principal and Owner for <br /> construction of Old Dixie Hwv Sidewalk Improvements 38th Lane to 65th Street 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 /> 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 defaultby 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 . E <br /> i <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 noncoQ9.44f <br /> with any formalities connected with the contract or the changes does not a BIN <br /> anc <br /> obligation under this bond . c� ` �pC' •{3� 3� i <br /> DATED ON l/ - 1 5 - MINI- <br /> � <br /> Goodson Paving , Inc <br /> Name of PrinciNo <br /> Benjamin H. French s A orne Ir{ r net <br /> tiW 01 <br /> IN <br /> The Hanover Insurance LyrH`t = `y ' I <br /> Name of Sure , , {S <br /> yI IL <br /> f►. , <br /> T ' , shy <br /> 1#41 1 <br /> d i `d N 1 <br /> A TRUE COPY , <br /> �r <br /> CERTIFICATION ON LAST PAGE �- <br /> J . K. BARTON , CLERK <br /> 00610 - 3 <br /> 00610 - Public Construction Bond .doc <br /> FAPubllC Works%ENGINEERING ONISION PROJECTS0845-Dixie Hwy Sidevalk USI 89th "P)W,dmmlbid ducumenls100670 - Pubic COnstrucocn Bdnd .doC <br />