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4M <br />d <br />S <br />I <br />I <br />va,—V� -A. 1.) rots AnAL.VLA_prSV Y nwia <br />WJuue3 <br />3. After the expiration of one (1) year from the performance of the labor or completion of <br />delivery of the materials and supplies, it being understood, however, that if any limitation <br />embodied in this Bond is prohibited by any law controlling the construction hereof such <br />limitations shall be deemed to be amended so as to be equal to the minimum period of <br />limitation permitted by such law. <br />4. Other than in a state court of competent jurisdiction in and for Indian River County, <br />Florida, or in the United States District Cowl for the Southern District of Florida, and not <br />elsewhere. <br />The Principal and the Surety jointly and severally, shall repay the County of Indian River any <br />sura which it May compelled to {ray because of any limn for labor or materials furnished for any <br />work included in or provided by said Contract. <br />The Surety, for value received, hereby stipulates and agrees that no charge, extension of <br />time, alteration of or addition to the terms of the Contract or to the work to be performed <br />thereunder or to the Specifications applicable thereto shall in any way affect its obligations on this <br />RoW, and the Surety hereby waives notice of any such change, extension of time, alterations of <br />or addition to the terms of the Contract, or to the wont or to the Specifications. <br />The Surety represents and wan -ants to the County of Indian River that they have a Best's Key <br />Rating Guide, General Policyholder's rating of "'AN' and Financial Size Category of Class "XI" <br />The said Principal and Surety jointly and severally covenant and agree that this Bond will <br />remain in full force and effect for a period of one year commencing on the date of Substantial <br />Completion as established on the Certificate of Substantial Completion as issued by the County <br />of Indian River. <br />IN WITNESS WHEREOF, the above boundeAparties executed this instrums, �t is jell <br />Several Seals, this L8-tVUy of January , 19_. A.Q., the name and corporate seal each <br />corporate party being hereto affixed and these presents duly signed by its undersigned <br />representative, pursuant to authority of its governing body. <br />WHEN 1HE PRINCIPAL IS AfJ iNJ2IY . <br />Signed, sealed and delivered in the presence of - <br />i +ilii r �s <br />Address <br />Witness - -- <br />Address <br />Signature of individual <br />- Printed Name of Individual <br />Payment Bond <br />1113 - 17 <br />