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THE AIYJI. ERJt. CAN INSTITUTE OF ARCHITECTS .ASA Document 143.10 Bid Bond BONM 4 BB02676 KNOW ALL MEN By THESE PRESENTS , thatwe Timothy Rose Contracting , Inc 1360 SW Old Dixie Hwy , , Ste 106 (Here insert full t►anoc ,and address or legal title orCoutractoi) Vero Beach , F L 32962 as hindpal, hereinafter called the Principal, and Developers Surety and Indemnity Company a corporation duly organized under the laws of the State of . Iowa as Surety, hereinafter called the Surety, are held and firmly bcundunto Indian River County Board of County commissioners 1801 27 Street Vero Beach , FL ( lien insert full nwim .and add=$; or It of titic orovntcr) as Obligee, hereinafter called the Obligee, in the sum of Five Percent of Amount Rid----- --- Dollars { 5 % ) , for the payment of which sum well and truly to be made, the said Principal and the said Surety, bind ourselves . our heirs, exectitors , adrrdnistrators , successors and assigns , jointly and severally, firmly by these presents . WHEREAS , the Principal has submitted a bid for Quail Creek Subdivision , Bid 2011012 , Project 2004020196 - 45291 (Here insert. Cull name, Address and description of project) .y 0, , OMERE1�QR1? , if the Obligee shall accept the bid of the Principal and the Principal shall enter into a Contract with the Obli gee M1 accordance with the terms of such bid and give such bond or bonds as may be specified in the bidding or Contract Documents Nti11th good and sufficient surety for the faithful performance of such Contract and for theprompt payment of labor and material fiirnished 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 tt.is obligation shall be null and void, otherwise to remain in full force and effect Signed and sealed this 10 day of November 2010 Timothy 5spe Contracting , Inc . ,1 {Pxincip Seal . _.w._._. ,.._ ...... (Fitness } ZV1 y Rose President s Surety and Indemnity Company (Seal) { 1�r itn (Title)Robert Barra Attorney In Fact AI_A DOCUMENT A310 BID BOND AIA 40 FEBRUARY ' 1970 LD THE AMERICAN 1INS '1111.173 OF AR0 .11'CEOC rS, 1735 N.Y , AVE., N .W. WASHINGTON, D.C. 20006 WARNING : Unlicensed photocopying violates U. S . copyright laws and is subjoct to legal prosecution .