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1730453 RECORDED IN THE RECORDS OF JEFFREY K BARTON, CLERK CIRCUIT COURT INDIAN
<br />RIVER CO FL, BK: 1999 PG: 744, 02/24/2006 03:40 PM
<br />S&Dl ;;"Fl INC. Fax:771-4611-7410 Feu 15 200E 9:54 P.06
<br />PERFORMANCE BOND
<br />Know all men by these preseun::
<br />By This Bond, we _. _S_ rmerl.in Seven Seas, Inc. _
<br />(]ateet noir, principal business addresat and telephone mantic of Princlpal/Conuertor) .
<br />as Principal (CcnaucWr) and Corttractors Bonding and Insurance Ca uzny
<br />(Insert came, pr iccipai busmass, mid mlopbone number of S•,aety)
<br />a corporation, as Surety, Pse held and firmly bound unto the County of Indian River, Florida, 1840 25"'
<br />Street, Vero Beach, Florida 32960, n rho sum o
<br />((7'72) 567.8000), i; Fifty=Three Tl' ousand
<br />.,.t .. h nn
<br />rUnCUllII, rvrltktl
<br />(V:medc Antomt)
<br />amuimting to 1)5'o of the total bid prig. For payment of said stun we bold ow -selves, our heirs,
<br />executors, administrations and assugtls, jointly and severally, for the faithful performance of a certain
<br />written Contract, dated the _ day of; 2Q_ . entered into between the Principal and the
<br />County of Indian River, fur:
<br />Bond Number: _� 22
<br />Project Name:_. Raising Elevat;txh of ttw Fovtbridcgat Rontd t� rk
<br />Bid Number: ----Bid # 7057 _
<br />Project Address: Bridge is located on the west side of AIA, 1/4 toile north
<br />of IndianRiver/St_luciefbtmty Lire
<br />Project Description:
<br />A copy of said Contract is incorporated herein by reference and is made it part hereof as fully
<br />copied hereln,
<br />\uw. ;harefore, The Condition of this Obligation are Such, that if the Principal sban in all respc;ts
<br />comply with thr teras and conditions of said Contm.:4 and its obligations thereunder, including all of the
<br />ICuntract Docuineuts therein reared to and made a part thereof+ and such alterations as may be made in
<br />I COniraCt Drawings and Specifications as therein provided for, and shall indemnify and save harmless
<br />the County of Indian River against and from all expenses, damages, injury ce conduct, want of cart of
<br />skill, negligence or default, including parent infringement on the pan of the Principal, his agents or
<br />employees, in the execution or performance of said Contact, including ertors in the Drawings fwnished
<br />Ay the Principal, and further, if the Principal shall promptly make payments to all who supply him with
<br />tabor and/or materials used directly or indirectly by the Principal in the prosecution of the Work provided
<br />tirr in said Contract, then this obligation shall be null and voidi otherwise, the Principal and Surety, jointly
<br />and severally, agree to pay the County of Indian Rivet and difference between the sum that the Cotmry of
<br />Indian River may be obliged to pay for the completion of said Work, by contract or otherwise, and any
<br />damages, whether direct, indirect, m cousequential, including reasonable attorney's fee (including
<br />appellate proceedings), which the County of Indian River may incur as a result of the failure of the
<br />Principal to properly execute all of the provisions of the Contract.
<br />Md. the saiJ Principal and Surety hereby tiuther bind themselves, then successors, executors,
<br />admixiistraters and assiyms, jointly and severaily, that they will amply and frilly protect the County of
<br />Indian River against, and will pay any and all amounts, damages, cosh and judgments which may be
<br />recovered against or which the County of Indian River may be called upon to pay to any person or
<br />Page 31 of 40
<br />A TRUE COPY
<br />CERTIFICATION ON LAST PAGE
<br />J.K. BARTON, CLERK
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