2005-090 - Laserfiche WebLink

Home Browse Search

performance of such labor or delivery of such material or supplies and the nonpaymer, therefore . ler'` 3 . After the expiration of one ( 1 ) year from the performance of the labor or completion c delivery of the materials or supplies; it being understood , however, that If any limitatio embodied In this Bond is prohibited by any law controlling the construction . hereof, suc limitations shall be deemed to be amended , so as to be equal to the minimum period c limitation permitted by such law . 3 . Other than In a state court of competent jurisdiction in and for Indian River County, Floridc' or In the United States District Court for the Southern District of Florida , and nc elsewhere . The Surety , for value received , hereby stipulates and agrees that no charge , extension of tim( alteration of or addition to the terms of the Contract or to the work to be performed thereunde or to the Specifications applicable thereto , shall in any way affect Its obligations on this Bonc and the Surety hereby waives notice of any such change , extension of time , alterations of c addition to the terms of the Contract, or to the work or to the. Specifications. The Surety represents and warrants to the County of Indian River that it has a Best's Ke Rating Guide , General Policyholder's rating of "A" and Financial Size Category of Class ' " . The Principal and Surety jointly and severally covenant and agree that this Bond wiil • rernaln full force and Affect for a period of one year commencing on the date of Substantial �Completic as established on the Certificate of Substantial Completion as issued by the County of Indiz River. The Principal and Surety jointly and severally, agree to pay the County of Indian River t ,%W losses , damages, expenses, costs , and attorney's fees , including appellate proceedings , th, the County of Indian River sustains because of a default by the Principal under the Contract . . IN WITNESS WHEREOF , the above bound parties executed this instrument under their sever seals , this 24THday of DoH , 20M, the name and corporate seal each corporate party being hereto affixed and these presents duly signed by its undersign( representative , pursuant to authority of its governing body. Y•Ir#YYtA1RYM#Y#R*4# ##Y##*tk*#***Ykit##YY#**#R1PA'k**YY#YRR*lrlr #*R *YYYR Y*f#,,ti,#k4Yr'YYY ,Y * RRR # R,M'RR MtYttYrWVt# #Y ##YY** WtELI HE PRINCIPAL IS AN INDIVIDUAL* Witness nature of Individual Address Printed Name of idual Witness Address oos12 Payment B( r 00812- 2 FYJUIIIi'NtiUTIL74 �NGIpEERIHG1Pf � . yr57ftttC�l�o�iPirifNFtJ�t36ar'C'onlladRE-0lGliri00Y�D0681RDOCVF�NTS'=USrcO1GLFORTHIS - - - pAa!@CTIGID D6GUMEN'f816o8t2 PR,nwd9ena,axRa• �t