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BK: 2816 PG: 1986 <br />PUBLIC CONSTRUCTION BOND <br />Bond No. 106165324 <br />enter bond number <br />BY THIS BOND, We Dickerson Florida, Inc. , as Principal and Travele . Casualty <br />and Surety Company of America, a corporation, as Surety, are bound to Indian River County <br />, herein called Owner, in the sum of $ 712,600.00 , for payment of which e <br />bind ourselves, our heirs, personal representatives, successors, and assigns, jointly a d <br />severally. <br />THE CONDITION OF THIS BOND is that if Principal: <br />1. Performs the contract dated January 6, 2015 , between Principal and Owner fCr <br />construction of Vero Lake Estates Asphalt Millings Project (Phase 1) , the contract being <br />made a part of this bond by reference, at the times and in the manner prescribed in the <br />contract; and <br />2. Promptly makes payments to all claimants, as defined in Section 255.05(1), Florid <br />Statutes, supplying Principal with labor, materials, or supplies, used directly or indirect) <br />by Principal in the prosecution of the work provided for in the contract; and <br />3. Pays Owner all losses, damages, expenses, costs, and attomey's fees, including <br />appellate proceedings, that Owner sustains because of a default by Principal under the <br />contract; and <br />4. Performs the guarantee of all work and materials furnished under the contract for th0 <br />time specked in the contract, then this bond is void; otherwise it remains in full force. <br />Any action instituted by a claimant under this bond for payment must be in accordan <br />with the notice and time limitation provisions in Section 255.05(2), Florida Statutes. <br />Any changes in or under the contract documents and compliance or noncomplianc <br />with any formalities connected with the contract or the changes does not affect Surety' <br />obligation under this bond. <br />DATED ON January 6, 2015, <br />Dickerson Florida, Inc. <br />asual and Sure Com... ' f America <br />(Attorney -m -Fact) <br />Karen K. Beard, Attorney -in -Fact and Florida icensed Agent <br />00610-3 <br />00610 - Public Construction Bond.doc <br />F:1Public Works\ENGINEERING DIVISION PROJECTS113t4-107th Ave Milling 90th St to 94th St\Adminthid documents\Master <br />Contract Documents\00610 - Public Construction Bond.doc <br />A TRUE COPY <br />CERTIFICATION ON LAST PAGE <br />�N, <br />CLERK <br />