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BK: 2813 PG: 105 <br />• <br />PUBLIC CONSTRUCTION BOND <br />Bond No. 106184148 <br />(enter bond number <br />BY THIS BOND, We Kast Construction Company,LLC <br />Travelers Casualty <br />, as Principal River and Surety <br />Company of America IndianRiverc.ounty <br />a corporation, as Surety, are bound to Ani,..,, „f rn„nty CII*N.; anioners <br />herein called Owner, in the sum of $10, 676,278.03 , 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 coa <br />ntract datedik .«.kweci, 201 f- , between Principal and Owner for <br />Intergenerational Recreation taciiity of <br />construction of s ,,, ,,,,.,, Ragi ,,r,, , 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 attorney'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 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 25605(2), Florida Statutes.,.,•`''" et iPf"4,e,• <br />Any changes in or under the contract documents and compliance or noncore <br />with any formalities connected with the contract or the changes does not affect+'s, . ::\ <br />obligation under this bond. <br />f^ <br />DATED ON ,% <br />