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DID BOND <br />KNOW ALL MEN BY THESE PRESENT'S, that we W1f,L1AM GI:OVER INC, <br />as Principal, and RL1 1NSUWCE <br />:i7'riPA+tY as Surety, a Corporation duly organized under the <br />lAws of the State of f tjtji4r�gh its principal offices in the City of PEORIA - , and <br />autho:izcd to do business to tirc State of Florida arc hcld and finely kTound unto INDLAI�I R14 ER t(�Il1 <br />hercittafter called the OWNER in the peral sunt of Em @ERCENT OF Tl%E Ahix Nf SIDDallzrs (S 5% <br />),lawful ntoncy of the United States, amounting to S% of the total bid price, for the payment of which sura <br />well and truly be made, we bind ourselves, our �.c:; =,--::.::i5:zato;s, acid successors, jointly and <br />severally, firmly by these presents. <br />'ne condition of this obligation is such that whereas the Principal has submitted the accompanying <br />bid dated JUNE 28 , 2000, for tiie construction of <br />S'HOOTLNG RANGE - BULLDINGS <br />IRC BID N 2050 <br />IRC Project it9629B <br />NOW, TI- EREFOPE, if the Principal shall not withdraw said bid within the period of time set forth <br />in the contract documents, and shall within ten (10) calendar days after the prescribed forms ate presented <br />to hie, for signature enter into a w-rintri contract with the OWNER in accordance with the bid as accepted, <br />and if the Principal shall give the required bonds with good and sufficient sureties for the faithful <br />perfornancc and proper fulftiltncnt of such contract and for the protection of laborers and material mere, or <br />in the event of the withdrasval of said b:d % thir.:l e r= -:ads specified, or the failure to enter into said <br />contract, and give such bonds within the time specified, if the Principal shall within sixty (60) clays after <br />request by the OWNER pay to the OWNER the difference between the amount specified in said bid and the <br />arnount for which the OWNER nay procure the required work if the latter amoon tbc in excess of the farther, <br />then the above obligation shall be void and of no effect, othm-wise to remain in full force and virtue. <br />It is further agreed that if the C]kV\TR is required to initiate legal proceedings to recover on ti:is <br />band, it may also recover its costs relati:ig thereto a rzasc:nable amount for attorneys' Pecs, <br />IN WrTNESS WHEREOF, the above -bounden parties have executed this instrument under their <br />several seals this day of UNUN,F, 27 2000, the panic and corporate seal of each corporate <br />party being hereto affixed and these p;escnts duly signed by its undersigned representative pi:rsuarst to <br />authority of its governing body, <br />itD tl C" <br />80-1 <br />