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AND, the said Surety, for value received, hereby stipulates and agrees that no change, extension of <br />time, alteration or addition to the terms of the Contract or to the work to be performed thereunder <br />or the Specifications and Drawings accompanying the same, shall in any way affect its obligations <br />on this Bond, and it does hereby waive notice of any such change, extension of time, alteration or <br />addition to the terms of the Contract or to the work or to the Specifications and Drawings. <br />AND, 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 of <br />Indian River. <br />WHEN THE PRINCIPAL IS AN INDIVIDUAL: <br />p <br />Signed, sealed and delivered in the presence of: <br />Witness Signature of Individual <br />r <br />Address Printed Name of Individual <br />i <br />j Witness <br />Address <br />WHEN THE PRINCIPAL IS A SOLE PROPRIETORSHIP OR OPERATES UNDER A TRADE <br />NAME: <br />Signed, sealed and delivered in the presence of- <br />Witness <br />f <br />Witness <br />Address <br />Witness <br />Address <br />Name of Firm <br />Signature of Individual <br />PERFORMANCE BOND <br />2of4 <br />