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BK: 2792 PG: 2059 <br />PUBLIC CONSTRUCTION BOND <br />Bond No. 48°135P <br />(enter bond. mber) <br />Timothy Rose Contr cting, <br />BY THIS B&OfDaemrri t Inc • , as Principal and Developers <br />Surety �nc _ Y , a corporation, as Surety, are bound to Indian River County <br />, herein called Owner, in the sum of $ 1, 792,422.35 , for payment of which we <br />bind ourselves, our heirs, personal representatives, successors, and assigns, jointly and <br />severally. <br />THE CONDITION OF THIS BOND is that if Principal: <br />1, Performs the o tr ct dat d R r i�tw n Principal and Owner for <br />construction of > o� c l 7 ci <br />, 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), Florida <br />Statutes, supplying Principal with labor, materials, or supplies, used directly or indirectly <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; end <br />4, Performs the guarantee of all work and materials furnished under the contract for the <br />time specified 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 accordance <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 noncompliance <br />with any formalities connected with the contract or the changes does not affect Surety's <br />obligation under this bond. <br />DATED ON September, 17, 2014 <br />Timothy Rose Contracting, Inc. <br />imot y Rose - t, <br />Develops Surety, & Indemzfi'' y. Company <br />Robert Barra Atto:tttiej+".`•xt' > a- <br />00810. Public Construction Bond <br />A TRUE COPY <br />CERTIFICATION ON LAST PAGE <br />J.R. SMITH, CLERK <br />