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THE ATTACHED STATUTORY COVER PAGE FORMS AND BECOMES A PART OF THIS BOND. <br />Bond No. PB11876000129 Executed in 3 Counterpart(s) <br />BY THIS BOND, We De La Hoz Builders, Inc. <br />(insert name, principal business address and telephone number of contractor) <br />1 N. Orange St., Fellsmere, FL 32948, 772-228-9723 <br />as Principal and Philadelphia Indemnity Insurance Company <br />One Bala Plaza, Suite 100 , Bala Cynwyd, PA 19004-09-50, 610-206-7836 <br />(insert name principal business address and telephone number of surety) <br />as Surety, are bound to Indian River County <br />1800 27th Street, Vero Beach, FL 32960, 772-226-1416 <br />(insert name, principal address and telephone number of owner of the property or contracting public entity and its <br />contract number), herein called the Owner, in the sum of $ 413,790.34----------------------- for payment of <br />which we bind ourselves, our heirs, personal representatives, successors, and assigns, jointly <br />and severally. <br />THE CONDITION OF THIS BOND is that if Principal: <br />1. Performs the contracted dated March 15, 2022 between Principal and Owner <br />for construction of Countv Proiect Number: IRC -2020, Bid Number: 2022026, JACKIE ROBINSON TRAINING <br />COMPLEX TICKET OFFICE BUILDING RENOVATIONS <br />4007 26th Street, Vero Beach, FL 32960 <br />(insert legal description, street address of the propert•r being improved, and general description of the improvement) <br />the contract being made a part of this bond by reference, at the times and in the manner <br />prescribed in the contract; and <br />2. Promptly makes payments to all claimants as defined in Section 255.05(1), <br />Florida 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 contract; <br />and <br />4. Performs the guarantee of all work and materials furnished under the contract for <br />the time specified in the contract, then this bond is void; otherwise it remains in full force. <br />Any changes in or under the contrac- documents and compliance or noncompliance with <br />any formalities connected with the contract or the changes does not affect Surety's obligation <br />under this bond. <br />DATED on March 17, 2022 <br />