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1807012 RECORDED IN THE RECORDS OF JEFFREY K BARTON , CLERK CIRCUIT COURT INDIAN <br /> RIVER CO FL , BK : 2113 PG : 1115 , 12 / 18 / 2006 03 : 59 PM <br /> PAYMENT BOND <br /> Know all men by those presents: <br /> ByTbisBond, we _CMI Electronics , Inc . , 435 -A Hackel Dr Montgomery , Alabama 36117 <br /> (faastaaain. pioeipatirmmes addles. sod telephom aiadruotPr6cipayQoeunewr) 33'f - 2tL - 563 � <br /> ashineip4l (CarAractor) wp( Neat-- ^ S ' raty fmm�'an p t) Rox 5077 Sio Falls , S . D . 57117 <br /> (lows .aro. wLocip.ttw�wuMdto"ftoma(smeb) 900 - 331 - 60sg <br /> R cos rpocetion, u Surety, are held ad firmly bound unto the Comity of htdim River, Florida, 1840 <br /> 25 Street, Vero Bewb, Florida 329K (772) 567.5000), in the stir of One Hundred Sevelity Seven <br /> Tt1011AAyd Ci <br /> (Wdam ��A��npd d 'r ty pi8ht Toil (j 177 . 698 . 60****** * �, <br /> Asomn <br /> ) <br /> 811100oft to 100% of the total bid price. For payment of said alms we bind ouselvasour heirs, <br /> Moutons, admits stntiom and as Wk jointly and scvesally, fx the ibi&d pwfotmance of a certain <br /> writtenComrsct ilAxidthe 21st day of November 2006 <br /> eutaed into between the Principal and the Comity of Indu m Riva, for: <br /> BoudNmnba 70207997 <br /> project NAMe: Indian River Qunty Sudirial fnmpl ex SecLrity System Upgrade <br /> Bid Number. 2007014 <br /> ProjectAddreea: _ 2000 16th hvenuao Vern Rparb . Florida 12960 <br /> ProjedDescription: Security -cZys m Unoratip <br /> A copy of said Contract is incorporated heroin by rohmice and is made a pan hereof as fully copied <br /> hereia. <br /> Now, Therefore, the Conditicw of ibis Obligation are sucb, that, if the Principal shall promptly make <br /> Payments to all claimants, n ha in below defined, thea this obtigghon shell be void, otherwise, this <br /> Bond shell remain to fhll fora and effect, subject to the following terms and cottditiom: <br /> 1 . A claimant is defined as any Paws supplying Ore Principal with labor, material or supplies, wed <br /> directly or indirectly by the Frincipal or my subcontractor in the prosecution of tine Work provided <br /> for in said Contract, and is Luther defend id Section 713.01 of the Florida Statutes. <br /> 2. Florida Statutas Section 255.05 (2005), as amended from time to time, together with all notice and <br /> time provisions contained in subwgion (2) of Florida statutes Section 255.059 is inoorporatod herein <br /> in is entirety by this refers tce. <br /> The above nsme Principal and SwAy badry jointly and severally agree with the County of Indian <br /> Riva *9 every claimant as herein defined, who has not bee paid in full before the expiration of e <br /> Period of WAdY (90) days atter perfaemmance of the labor or efia complete delivery of materiab and <br /> supplies by such claimant, may ane on this Bond for the on of sucb claimant, Moowte the suit to <br /> final judgment for such auras or amus as may be justly due claimm4 and have execution thereon. The <br /> County of Indira River shall mot be liable for the payment of any costs or expenses of any mob suit. <br /> No suit er action shall be commenced hereunder by any claimant: <br /> Page 32 of 72 <br /> A TRUE COPY <br /> CERTMCAT{ON ON LAST PAGE <br /> J.K. BARTON, CLERK <br /> I <br />