Laserfiche WebLink
BK : 1651 PG : 1219 <br /> LABOR AND MATERIAL PAYMENT BOND <br /> NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION is such that, if Principal shall promptly make payment to all <br /> claimants as hereinafter defined, for all labor and material used or reasonably required for use in the performance of <br /> the <br /> Contract, then this obligation shall be void ; otherwise it shall remain in full force and effect, subject, however, <br /> to the <br /> following conditions : <br /> 1 . Claimant is defined as one having a direct accuracy the amount claimed and the name of the party <br /> contract with the Principal or with a Subcontractor of the to whom the materials were furnished , o for whom the <br /> Principal for labor, material, or both , used or reasonably work or labor was done or performed . Such notice shall <br /> required for use in the performance of the Contract , labor be served by mailing the same by registered mail or <br /> and material being construed to include that part of certified mail, postage prepaid, in an envelope addressed <br /> water, gas, power, light, heat, oil, gasoline, telephone to the Principal , Owner or Surety, at any place where an <br /> service or rental of equipment directly applicable to the office is regularly maintained for the transaction <br /> of <br /> Contract. business , or served in any manner in which legal process <br /> may be served in the state in which the aforesaid project <br /> 2 . The above named Principal and Surety hereby is located , save that such service need not be made by a <br /> jointly and severally agree with the Owner that every pubic o4icer . <br /> claimant as herein defined , who has not been paid in full <br /> before the expiration of a period of ninety ( 90) days after b) After the expiration of one I11 year following the date <br /> the date on which the last of such claimant' s work or on which Principal ceased work on said Contract, it being <br /> labor was done or performed, or materials were furnished understood , however, that if any limitation embodied in <br /> by such claimant , may sue on this bond for the use of this bond is prohibited by any law controlling <br /> the <br /> such claimant, prosecute the suit to final judgment for construction hereof such limitation shall be deemed to be <br /> such sum or sums as may be justly due claimant, and amended so as to be equal to the minimum period of <br /> have execution thereon . The Owner shall not be liable limitation permitted by such law . <br /> for the payment of any casts or expenses of any such <br /> suit. c ) Other than in a state court of competent jurisdiction in <br /> and for the county or other political subdivision of the <br /> 3 . No suit or action shall be commenced hereunder by state in which the project, or any part thereof, <br /> is <br /> any claimant : situated , and not elsewhere. <br /> a) Unless claimant, other than one having a direct 4 . The amount of this bond shall be reduced by and <br /> to <br /> contract with the Principal, shall have given written the extent of any payment or payments made in good <br /> notice to any two of the following : the Principal , the with he eunder, inclusive of the payment by Surety <br /> of <br /> Owner, or the Surety above named , within ninety ( 90) mechanic ' s liens which may be filed of record against <br /> days after such claimant did or performed the last of the said improvement, whether or not claim for the amount <br /> work or labor, or furnished the last of the materials for of such lien be presented under and against this bond . <br /> which said claim is made, stating with substantial <br /> THIS BOND HEREBY IS AMENDED SO THAT THE PROVISIONS AND LIMITATIONS OF SECTION 255. 05 OR <br /> SECTION 713. 23 FLORIDA STATUTES, WHICHEVER IS APPLICABLE, ARE INCORPORATED HEREIN By <br /> REFERENCE. <br /> Signed and sealed this 21 st day of October 2003. <br /> Mid-State Mechanical of Vero Beach, Inc. <br /> ( Principal ) ( Seal) <br /> Witness) <br /> Presioent <br /> P <br /> Fide)AW and De osit Com an of McFvin�VSt k / <br /> ! Surety) t z" G i ' lSea4� ' <br /> le <br /> (Witness) <br /> Arthur K. Broder, Licensed resideNt ag nto ,A a <br /> V <br /> AIA DOCUMENT A311 • PERFORMANCE BOND AND LABOR AND MATER'Ai- PAYMENT BOND • AIA a I •'0• � <br /> r a <br /> A TRUE COPY <br /> CERTIFICATION ON LAST PAGE <br /> J , K . BARTON , CLERK <br />