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40 <br />BOND NO. U2753743 <br />PERFORMANCE BOND <br />LUCAS WATERPROOFING CO., I Pf1nC1 al hereinafter <br />KNOW All MEN BY THESE PRESENTS that p <br />called CONTRACTOR, and UNITED PACIFIC INSURANCE COMPANY as surety, hereinafter called <br />�rER TY, Florida, as Obligee, herein <br />Surety, are held and firmly bound unto1 I s:tlAU &SR ,� i NQ 47,500.00 --------- ), for <br />after called OWNER, in the amount of nnl l ARC A wnrin/IMDollars 1,J <br />the payment whereof CONTRACTOR arid—Surety bind themselves, their heirs, executors, <br />administrators, successors and assigns, jointly and severally, firmly by these presents. <br />WHEREAS, the CONTRACTOR has by written agreement, date_ 19 , entered into a <br />contract with OWNER f0rIRC 99044 EXTERIOR PAINTING In accordance with the specifications <br />prepared by the OWNER, hereinafter called theContract. <br />NOW THEREFORE, THE CONDITION OF THIS OBIIGATION is such that if the <br />principal: <br />1. Faithfully performs the contract at the times and in the manner prescribed in the Contract; <br />and <br />2. Promptly makes payments to all persons, including claimants as defined in Section <br />255.05(1), Florida Statutes, supplying labor, materials and equipment used directly or indirectly <br />by the said CONTRACTOR, CONTRACTORS, SUBCONTRACTOR or Subcontractors in the <br />prosecution of the work provided for in the contract; and <br />3. Satisfies all claims and demands incurred for the same and fully indemnifies and saves <br />harmless the OWNER from all losses, damages, expenses, costs and attorney's fees, including <br />appellate proceedings, which the OWNER suffers by reason of failure to do so and fully <br />reimburses and repays the OWNER all outlay and expense which the OWNER may incur in <br />making good any such d6fect; and <br />4. Performs the guarantee of all work and materials furnished under the contract for the time <br />specified in the Contract, then this obligations shall be null and void; otherwise it shall remain in <br />full force and effect. <br />And provided that any alterations which may be made in the terms of the Contract or in the <br />work to be done under it, or the giving by the OWNER of any extension of time for the <br />performance of the Contract, or any other forbearance on <br />35 <br />