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Bid Bond KNOW ALL MEN BY THESE PRESENTS, that we Guettler Brothers Construction , LLC 4401 Whiteway Dairy Road , 34847 as Principal, hereinafter called the Principal, and Western Surety Company 2405 Lucien Way, Maitland , FL 32751 a corporation duly organized under the laws of the State of South Dakota as Surety, hereinafter called the Surety, are held and firmly bound unto Indian River County , 1881 29th Street, Vero Beach , FL 32960 as Obligee, hereinafter call the Obligee, in the sum of Five Percent of Amount Bid ( 5 % ) for the payment of which sum well and truly to be made, the said Principal and the said Surety, bind ourselves, our heirs, executors , administrators, successors and assigns , jointly and severally, firmly by these presents. WHEREAS, the said Principal has submitted a bid for 66th Avenue Roadway Improvements Phase II (4th Street to 16th Street) - Bid #2012032 NOW, THEREFORE, if the Obligee shall accept the bid of the principal and the Principal shall enter into a Contract with the Obligee in accordance with the terms of such bid , and give such bond or bonds as may be specified in the bidding or Contract Documents with good and sufficient surety for the faithful performance of such Contract and for the prompt payment of labor and material furnished in the prosecution thereof, or in the event of the failure of the Principal to enter such Contract and give such bond or bonds , if the Principal shall pay to the Obligee the difference not to exceed the penalty hereof between the amount specified in said bid and such larger amount for which the Obligee may in good faith contract with another party to perform the Work covered by said bid , then this obligation shall be null and void , otherwise to remain in full force and effect. Signed and sealed March 14 , 2012 . itnesses : Guettler Brothers Construction LLC (Seal ) B Western Surety Company (seal) / .lr4Lv t 't 'k�ait S 'e'ra c rney- Fact