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1878209 RECORDED IN THE RECORDS OF JEFFREY K BARTON , CLERK CIRCUIT COURT INDIAN
<br /> RIVER CO FL , BK : 2211 PG : 104 , 10 / 12 / 2007 10 : 00 AM
<br /> Bond No . F19681
<br /> PERFORMANCE BOND
<br /> Know all men by these presents:
<br /> ByThisBond we Sutnnerlin ' s Marine Construction , LLC, 200 Naco Road # C , Ft , Fierce , FL
<br /> 34946 , ( 772 ) 464-6090 (Insert name, principal business address, and telephone number of Principal/Contractor)
<br /> as Principal (Contractor) and ACSTAR Insurance Company , 233 Main Street . New Britain , Cr 06050
<br /> (860 ) 224-2000 (Insert name, principal business, and telephone number of Surety)
<br /> a corporation, as Surety, are held and firmly bound unto the County of Indian River, Florida, 1840
<br /> 25th Street, Vero Beach, Florida 32960, ((772) 567-8000), in the stun of Three Hundred Twenty 'thousand
<br /> Four Hundred Thirty Eight and Zero Cents Dollars ($ 320 , 438 . 00 )
<br /> (Written Amount) (Numeric Amount)
<br /> amounting to 125% of the total bid price. For payment of said sum we bind ourselves, our heirs,
<br /> executors, administrations and assigns, jointly and severally, for the faithful performance of a certain
<br /> written Contract, dated the 4th day of September 2007
<br /> entered into between the Principal and the County of Indian River, for:
<br /> Bond Number: F19681
<br /> Project Name: North Sebastian Conservation Area Boardwalks
<br /> Bid Number: 2007035
<br /> Project Address:
<br /> Project Description:
<br /> A copy of said Contract is incorporated herein by reference and is made a part hereof as fully copied
<br /> herein.
<br /> Now, Therefore, The Condition of this Obligation are such, that if the Principal shall in all respects
<br /> comply with the terms and conditions of said Contract and its obligations thereunder, including all of
<br /> the Contract Documents therein referred to and made a part thereof, and such alterations as may be
<br /> made in the Contract Drawings and Specifications as therein provided for, and shall indemnify and
<br /> save harmless the County of Indian River against and From all expenses, damages, injury or conduct,
<br /> want of care of skill, negligence or default, including patent infringement on the part of the Principal,
<br /> his agents or employees, in the execution or performance of said Contract, including errors in the
<br /> Drawings f u-nished by the Principal, and further, if the Principal shall promptly make payments to all
<br /> who supply him with labor and/or materials used directly or indirectly by the Principal in the
<br /> prosecution of the Work provided for in said Contract, then this obligation shall be null and void;
<br /> otherwise, the Principal and Surety, jointly and severally, agree to pay the County of Indian River and
<br /> difference between the sum that the County of Indian River may be obliged to pay for the completion
<br /> of said Work, by contract or otherwise, and any damages, whether direct, indirect, or consequential,
<br /> including reasonable attorney's fee (including appellate proceedings), which the County of Indian
<br /> River may incur as a result of the failure of the Principal to properly execute all of the provisions of
<br /> the Contract.
<br /> And, the said Principal and Surety hereby further bind themselves, their successors, executors,
<br /> administrators and assigns, jointly and severally, that they will amply and fully protect the County of
<br /> Page 41 of 57
<br /> A TRUE COPY
<br /> CERTIFICATION ON LAST PAW
<br /> JX BARTON, CLERK
<br />
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