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o <br />Bond No, 558-31-13 <br />MAINTENANCE BOND <br />KNOW ALL MEN BY THESE PRESENTS, That LAUREL HOMES, INC. of <br />Indian River County, Florida, hereinafter referred to as Developer, <br />as Principal, and NATIONAL FIRE INSURANCE COMPANY OF HARTFORD of <br />Indian River County, State of Florida, hereinafter called Surety, <br />as Surety, are held and firmly bound unto Indian River County,'a <br />Political subdivision of the State of 21orida, as Obligee, in the <br />full and just sum of FIVE THOUSAND, TWO HUNDRED AND NO/100,,DOLLARS <br />($5,200.00) lawful money of the United States of America,"Ii�-d <br />themselves, their heirs, executors, administrators, successors and <br />assigns, jointly and severally, firmly by these presents. <br />WHEREAS, the Developer has developed a•subdivision in Indian <br />River County, Florida, known and identified .as LAURELWOOD, UNIT 1 <br />and in connection therewith has installed with the approval of the <br />County certain streets and drainage works under the provisions and <br />requirements of the Board of County Commissioners. <br />NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS•SUCH,that <br />if the Developer shall maintain said roads.and other structures in <br />first class condition for a period of one year from the date of the <br />agreement by Indian River County to accept said roads and other <br />structures for maintenance and shall replace all paving or other <br />structures which within said one year period shall be found not to <br />comply with said requirements and shall pay any and all costs or <br />expenses incident to the performance of any work required to be <br />performed hereunder, then this obligation to be voids otherwise to <br />be and remain in full force and effect. <br />Signed, sealed and dated this $9th day of June, 1976. <br />e <br />TAUREL HOMES, INC - (SEAL) <br />1n�1P <br />Bys r.}:� lv\ <br />sep o inson, President <br />NATIONAL FIRE INSURANCE COMPANY <br />OF HARTFORD ( SEAL ) <br />dG� <br />Jack W. Harris, Attorney -in -Fact <br />J U L 211976 . . <br />u�r ; ' 8 <br />