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AiT1ifF C0}PYON
<br />C+ pTN (CERN PAGE
<br />r
<br />Bond #OCN494920
<br />PAYMENT BOND
<br />Q�V � © I
<br />OLDLB
<br />The American Institute of Architects, AIA Document No. A312
<br />* SurrtyCompany
<br />lilt,* *
<br />(December, 1964 Edition)
<br />Any singular reference to Contractor, Surely, Owner or
<br />*
<br />other party shell be considered plural whore applicable.
<br />CONTRACTOR (Name and Addrass):
<br />SLDWr CONST=ON MAN GEr7 7 Tr, 1W.
<br />SURETY (Name and Principal Place of Business):
<br />Old Republic Surety Owpany
<br />1940 58th Aveme■ Suite C
<br />1025 S. Selmran Blvd,, Suite 1OB5
<br />Were Beach, FL 32966
<br />Winter Park, FL 32792
<br />(561)794.2099
<br />(407)677-2663
<br />OWNER (Name and Address):
<br />Indian River afunty Board of Cmr tissimexs
<br />2625 19th Aventae
<br />Vero Beach, FL 329W
<br />CONSTRUCTION CONTRACT
<br />Date:
<br />Amounl: $831,0784.41
<br />I Description (Name and Location):
<br />i
<br />Round Island Oceanfront Park
<br />County Project No. 9622
<br />BOND
<br />Date (Not earlier than Construction Contract Date): 12/28/99
<br />Amount: $831,084.41
<br />Modifications to this Bond: K3 None L" See Page 2
<br />ICONTRACTOR A .PRI(EIPAL SURETY
<br />L
<br />mpp(S r t (Corporate Seal) Company.
<br />EMENfr, INC. OLD ]•7EFf]MIC DIY
<br />r it i
<br />ZWNsor on page 2.)
<br />(FOR 1NFORMA71ON ONLY -- Name, Address and Telephone)
<br />AGENT or BROKER:
<br />1 The Conlraclor and the Surety, jointly and severally, hind them-
<br />selves, their heirs, executors, administrators, successors and assigns
<br />to the Owner to pay for labor, materials and equipment furnished for
<br />rose in the performance of the Construction Contract, which is Incor-
<br />paroled herein by reference.
<br />2 With respect to the Owner, this obligation shall be null and void if
<br />the Contractor:
<br />2.1 Promptly makes payment, directlyorindirectly, foralisumsdue
<br />Ciaimanls, and
<br />2,2 Defends, indamnifies and holds harmless the owner from
<br />claims, demands, lions or suits by any person or anlily whose
<br />claim, demand, lien or suit is for the payment for labor, materials
<br />or equipment furnished for use in the performance of the Construe
<br />tion Contract, provided the Owner has promptly notified the Con-
<br />tractor and the Surely (at the address rloscrlbed in Paragraph 12)
<br />of any claims; demands, lions or suits and tendered defense of
<br />such claims, damands, lions or sults to the Contractor and the
<br />Surely, and provided there is no Owner Default.
<br />3 With respect to Claimants, this obligation shall be null and void if
<br />the Contractor promptly makes payment, directly or indirectly, for all
<br />sums due.
<br />4 The Surety shall have no obligation to Claimants under this Bond until:
<br />0aso>177n,g vat
<br />Signature:
<br />Name an te: JaltteS E. Dickmeyex
<br />Attorney-lra-Fact
<br />OWNER'S REPRESENTATIVE (Architect, Engineer or other
<br />party):
<br />4.1 Claimants who are employed by or have adirecf contract with the
<br />Contractor have given notice to the Surety (a1 the address described
<br />in Paregraph 12) and sent a copy, or notice thereof, to the Owner,
<br />staling that a claim is being mads under this Bond and, with sub•
<br />stanlial accuracy, the amount of the claim,
<br />4.2 Claimants who do not have a direct contract with the Contractor:
<br />.1 Have furnished written nolics to the Contractor and sentaoopy;
<br />or notice thereof, to the Owner, within 90 days after having last
<br />performed laborer last fvmished materials or equipment included
<br />in the claim stating, with substantial accuracy, the amount of the
<br />claim and the name of the party to whom the materials were fur-
<br />nished or supplied or for whom the labor was done or performed;
<br />and
<br />.2 Have either received a rejection in whole or in part from the Con.
<br />tractor, or not rowlvad within all days of tumishing the above notice
<br />any communicallon from the Conlraclor by which the Contractor
<br />has Indicated tate claim will be paid directly or indirectly; and
<br />.3 Not having boon paid within the above 30 days, have sent a
<br />written notice toIhe Suroty(at tho address described In Paragraph
<br />12) and sent a copy, or notice thereof, to iha Owner, staling that
<br />a claim Is being made under this Bond and onclosing a copy of
<br />the previous written notice furnished to the Contractor.
<br />W
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