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4b 40 4b C> able to sureties as a defense in the jurisdiction of the suit shall be applicable. 10 Notice to the Surety, the Owner or the Contractor shall be mailed or delivered to the address shown on she sig- nature page. 11 When this Bond has been furnished to comply with a statutory or other legal requirement in the location where the construction was to be performed, any provision in this Bond conflicting with said statutory or legal requirement shall be deemed deleted herefrom and provisions con- forming to such statutory or other legal requirement shall be deemed incorporated herein. The inlent is that this gond shall be construed as a statutory bond and not as a common law bond. 12 DEFINITIONS 12.1 Balance of the Contracl Price: The Iolal amount payable by the Owner to the Contractor under the Construction Contract after all proper adjustments have been made, including allowance to the Con. MODIFICATIONS TO THIS BOND ARE As FOLLOWS: tractor ni any amounts receival or to be received by the Owner in settlement of insurance or other claims for damages to which the Contractor is enlitled, re - 'lured by all valid and proper payments made to or on behalf of the Contractor under Ilse Construction Con- trlct. 12.2 Construction Contracl: The.igreenlenl between tlse Owner and the Conlractor identified on the sig- nature page, including all Contract Documents and Thalsges ]hereto. 12.3 Contractor Default: Failure of the Contractor, which has neither been remedied nor waived, to per- form or otherwise to comply with the terms of the Construclion Contract.. 12.4 Owner Default: Failure of the Owner, which has neither been remedied nor waived, to pay the Con- tractor as required by the Construction Contract or 10 perform and complete or comply with the ocher terms thereof. THE Pftt0VISIO?1`: ANI: '_I1111OUlk, N 25{].05 OR SEC1I01`1 11323 F1.( Pj*L'k SfA1111I. 4YHIIIHEVER 1'i AI10r,AO! 1: TU 1110 C 1NiItAr ARL IIJV, ORFf1RAI F[1 llh T I I I S 9U1 ;i) It"f r.?".I; 1.4 (Space is provided below for additional signatures of added Ixarlies, other than ]hose appearing on the rover page.) CONTRACTOR AS PRINCIPAL SURETY Company: (Corporals seal) Company: ieorporaie Seal) Signature: Name and Title: Address: Signature; t- Ine and 11:1(x: Address AIA t)p{WM1741 A711 • I'MoRmAr.CE 8)N4) Avn PA141?I.0 n11 O. OIC0,10111 1'641111. -AIA AI 1H( AMMIZAN IN5111ntt 17r AACIIITECI5 171% Faw IIIHY. ABY . 14 NY . 1VAi111+16I0N, tr F 7"'A TPUF COPY A312 -19M THINE) IrAINIING + MARCH 1181 r* quiriCATICIN ON LM FAN J. K. BARTON, CtM