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1812186 RECORDED IN THE RECORDS OF JEFFREY K BARTON , CLERK CIRCUIT COURT INDIAN
<br /> RIVER CO FL , BK : 2122 PG : 337 , 01 / 10 / 2007 10 : 11 AM
<br /> SECTION 00610 • Performance Bond
<br /> KNOW ALL MEN BY THESE PRESENTS:
<br /> BY THIS BOND, we
<br /> SHELTRA & SON CONSTRUCTION CO . , INC .
<br /> P . 0 , BOX 336
<br /> INDIANTOWN , FLORIDA 34956 1 - 772 - 597 - 3180 , as Principal
<br /> (Contractor),
<br /> (Insert name, principal business address, and telephone number of PrincipaUContractor)
<br /> and
<br /> GREAT AMERICAN INSURANCE COMPANY
<br /> 580 WALNUT STREET
<br /> CINCINNATI , OHIO 45202 1 - 800- 331 - 3379 a corporation ,
<br /> as Surety,
<br /> (Insert name, principal business address, and telephone number of Surety)
<br /> are held and firmly bound unto the County of Indian River, Florida, 1840, 25th Street, Vero
<br /> Beach, Florida 32960, (561 -567-8000), 19 100
<br /> in the sum of 7i>IINEMIII.TLN ,SIX fQlD38D �ViTIIY-ERiIl' grIS4�D, FIVE HHIdD IIC3IlY�DC & Dollars ($ 12 678 , 586 . 11,
<br /> amounting to 125% of the total bid price. For the payment of said sum we bind ourselves , our
<br /> heirs, executors, administrators and assigns, jointly and severally, for the faithful performance
<br /> of a certain written Contract, dated the 12TH day of DECEMBER , 20 061
<br /> entered into between the Principal and the County of Indian River, for:
<br /> Bond Number. 417 -45 - 65
<br /> Project Name: Oslo Road (CR 606) Phase I Roadway Widening
<br /> County Project Number: 9705C
<br /> Project Address: Oslo Road (CR 606) from West of Old Dixie Highway to 27" Avenue
<br /> Project Description : Widening of Oslo Road to a 5-lane Roadway from West of Old Dixie
<br /> Highway to 27"' Avenue including construction of Stormwater Facilities
<br /> and Sub-Lateral Canal Enclosure
<br /> A copy of said Contract is incorporated herein by reference and is made a part hereof as if fully
<br /> copied herein.
<br /> Florida Statutes Section 255.05 (2002), as amended from time to time, together with all notice
<br /> and time provisions contained therein , is incorporated herein in its entirety by this reference.
<br /> NOW, THEREFORE , THE CONDITIONS OF THIS OBLIGATION ARE SUCH , that if the
<br /> Principal shall in all respects comply with the terms and conditions of said Contract and its
<br /> obligations thereunder, including all of the Contract Documents therein referred to and made a UJ
<br /> part thereof, and such alterations as may be made in the Contract Drawings and Specifications 0
<br /> as therein provided for, and shall indemnify the County of Indian River as set forth in the a�
<br /> Contract, in the execution or performance of said Contract, and further, if the Principal shall
<br /> promptly make payments to all who supply him with labor and/or materials used directly or
<br /> indirectly by the Principal in the prosecution of the Work provided for in said Contract, then this o
<br /> obligation shall be null and void ; otherwise, the Principal and Surety, jointly and severally, agree Z W
<br /> to pay the County of Indian River any difference between the sum that the County of Indian 023
<br /> River may be obliged to pay for the completion of said Work, by contract or otherwise, and any 0 I= z
<br /> damages , whether direct, indirect, or consequential, including reasonable attorney's fees c0.> v �
<br /> 00610 - Pettlxmance Bond 2006079 LiJ
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