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The Surety, for value received, hereby stipulates and agrees that no charge, extension of time, <br />alteration of or addition to the terms of the Contract orb the work to be performed there under <br />or to the Specifications applicable thereto, shall in any way affect Its obligations on this Bond, <br />and the Surety hereby waives notice of any such change, extension of time, alterations of or <br />add t1on to the terms of the Contract, or to the work or to the Specifications. <br />The Surety represents and warrants to the County of Indian River that it has a Best's Key <br />Radng Guide, General Policyholder's rating of "A" and Financial Size Category of Class 'X"_ <br />The Principal and Surety jointly and severally covenant and agree that this Bond will remain in <br />full force and effect for a period of one year commencing on The date of Final C¢mpietion as <br />established on the Certificate of Final Completion as Issued by the County of indiari River. <br />The Principal and Surety Jointly and severally, agree to pay the County of Indian River all <br />losses, damages, expenses, costs, and attorney's fees, including appellate proceedings, that <br />the County of Indian River sustains because of a default by the Principal under the Contract. <br />[The remainder of This page wa$ left blast( intintioltatly} <br />008i2-PaymentEond <br />C0612-2 • <br />