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PERFORMANCE BOND LB 638877 <br />KNOW ALL MEN BY THESE PRE'SE'NTS: That we, the undersigned Lowell <br />Lohman & Irving Silverman as principal, and <br />Florida Farm Bureau Mutual Insurance Company as surety, are <br />hereby held aiid firmly bound unto Indian River County <br />in the sum of Twenty Five Thousand and 00/100 ----- ($25,000.00) -- Dollars, <br />for the pnyrnent of which, well and truly to be made, we hereby jointly and severally <br />bind ourselves, our heirs, executors , administrators, successors and assigns. THE <br />CONDITIONS OF THE A13OVE OBLIGATION are such that whereas the above named <br />principal and Indian River County <br />did on the 9 th day of February 19 77 , enter into a contract with <br />(% iiidian River County for the construction <br />of A water Treatment Plant, in the property lmown as Seminole Shores <br />Subdivision which said contract <br />is made a part of this bond the same as though set forth therein: <br />NOW: THEREFORE.: if the said Lowell Lohman & Irving Silverman <br />shall well and faithfully do and perform the things agreed by <br />Lowell Lohman & Irving Silverman and <br />Indian River County to be done and <br />performed according to the terms of said Contract and shall pay all lawful claims of <br />subcontractors, material men and laborers, for labor performed and materials furnished <br />in the carrying forward, performing or completing of said contract, we agreeing and <br />assenting that this undertaking shall be for the benefit of any material men or laborers <br />having a just claim as well its for the obligee herein, then this obligation shall be void; <br />otherwise the same shall remain in full force and effect; it being expressly understood <br />and agreed that the liability of the surety for any and till claims hereunder shall in no <br />event exceed the amount of this obligation as herein stated. And the said surety, for <br />value received, It stipulaites and agrees that no change, extension of time. <br />alteration or additions to the terms of the contract or to the work to be performed <br />thereunder or the EY,;cifications accompanying the same shall in any wise affect its <br />obligations on this bond, and it does hereby waive notice of any such change, extension <br />of time , alternation or addition to the terms of the contract or to the work or to the <br />specifications. <br />Signed this 4th day of February 19 77 <br />(Principal must indicate whether Corporation, <br />Partnership, Company or Individual) <br />Principal <br />Resident Agent: <br />Donald L. Hancock <br />By: <br />FEB <br />Vice -President <br />By: Lowell Lohman & Irving Silverman, Individuals <br />Title <br />By: <br />Florida Farm Bureau Mutual Insurance Co. <br />Surety <br />Taylor, AttXy-ir_-Fact <br />ifG��� 28 1. 500 <br />