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PAYMENT BOND
<br /> Know all men by these presents :
<br /> Clear Zone Maintenance , Inc . , 7300 4th Street Vero Beach , Florida
<br /> By This Bond, we 772 _ 967 -4566
<br /> (Insert name, principal business address, and telephone number of Principal/Contractor
<br /> as Principal (Contractor) andg � t � $-�t� gty Company , 2405 Lucien Way , Maitland , Florida 32751
<br /> (Insert name, principal business, and telephone number of Surety)
<br /> r a corporation, as Surety, are held and firmly bound unto the County of Indian River, Florida, 1801 270i
<br /> Street, Vero Beach, Florida 32960, (772) 567-8000), in the sum of FORTY FIVE THOUSAND AND 00 / 100-
<br /> ------------
<br /> --------'------ Dollars ($ 452000100 ),
<br /> • ( Written Amount) - (Numeric Amount)
<br /> amounting to 100% of the total bid price. For payment of said sum we bind ourselves, our heirs,
<br /> executors, administrations and assigns, jointly and s verally, for the faithful performance of a certain
<br /> r. written Contract, dated the DQ! r 4 day of ,, ,. e 20 b% entered
<br /> into between the Principal and the County of Indian River, for:
<br /> �. Bond Number: 929437471
<br /> Project Name: Oslo Road Clearing, 31" Avenue SW to 43rd Avenue and 43rd Avenue
<br /> Clearing, 6'h Place SW to South Relief Canal Bridge.
<br /> Bid Number: 2008013
<br /> Project Address : 31st avenue SW to 43rd Avenue Clearing , 6th Palce SW to South Relief
<br /> Canal Bridge
<br /> ` Project Description: Land Clearing
<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 Conditions of this Obligation are such, that, if the Principal shall promptly make
<br /> payments to all claimants, as herein below defined, then this obligation shall be void; otherwise, this Bond
<br /> _ shall remain in full force and effect, subject to the following terms and conditions :
<br /> A claimant is defined as any person supplying the Principal with labor, material or supplies, used directly
<br /> or indirectly by the Principal or any subcontractor in the prosecution of the Work provided for in said
<br /> Contract, and is further defined in Section 713 .01 of the Florida Statutes.
<br /> The provisions of Section 255 . 05 Florida Statutes shall apply.
<br /> The above name Principal and Surety hereby jointly and severally agree with the County of Indian River
<br /> .. that every claimant as herein defined, who has not bee paid in full before the expiration of a period of
<br /> ninety (90) days after performance of the labor or after complete delivery of materials and supplies by
<br /> such claimant, may sue on this Bond for the use of such claimant, prosecute the suit to final judgment for
<br /> such sums or sums as may be justly due claimant, and have execution thereon. The County of Indian
<br /> River shall not be liable for the payment of any , costs or expenses of any such suit. No suit or action shall
<br /> be commenced hereunder by any claimant:
<br /> r
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