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NOW THEREFORE, the.condition of this obligation is such, that <br />if. -the Principal shall construct all streets, alleys, rights of ways, fill, <br />culverts, drainage facilities and all.of the improvements shown upon said <br />plat or required by the Subdivision Resolution of Indian River County,, <br />Fl'd 4-6ru <br />h th ired within one ear after the a royal of <br />ore a, in a manner ere eqy pp <br />the final plat on August 8,1973 and in the event they are not so com- <br />pleted within that time the County shall proveed with the work and hold the <br />Principal responsible for the cost thereof or when the County Administrator <br />certifies to the Clerk that all of.the improvements have been constructed <br />on the land the balance of the cash deposit shall be returned by the Clerk <br />to the Principal, then and in that event this Bond and obligation created <br />herein shall be null and void, otherwise to remain in full force and effect. <br />SIGNED, SEALED AND DATED this 2nd day of August, 1973 <br />THE MOORINGS DEVELOPMENT COMPANY <br />(Corp. Seal) By <br />President <br />RECEIPT <br />The undersigned hereby acknowledges receipt from The Moorings <br />Development Company of cash in the sum of Fifty five thousand, eight <br />hundred and no/100 Dollars ($55,800.00) to be held and paid out in <br />accordance with the terms of the foregoing Bond. <br />This /J_ day of�L <br />RALPH HARRIS, Clerk of the Circuit Court <br />in and for Indian River County, Florida. <br />By <br />Clerk <br />t <br />+....; 1—,. ,� _ _ o,...bis.�� - . •,... .,.,» ,. �.a., w. ., ....+<a..w<,..,.,r. ..:_-�,...�...,�-,. ,��...an v�.:d nt(l+a�� a, s�..yar:a�--^ <br />i <br />UG 8 19?3 { <br />