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BK : 1778 PG : 779
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<br /> * * * * * Bond # OCN545279
<br /> PAYMENT BOND
<br /> * * The American Institute of Architects, AIA Document No. A312
<br /> * * * (December, 1984 Edition). Any singular reference to Contractor, Surety,
<br /> * k Owner or other party shelf be considered plural where applicable .
<br /> CONTRACTOR (Name and Address) : SURETY (Name and Principal Place of Business):
<br /> Underground Utilities, Inc. Old Republic Surety Company
<br /> 390 - 21st Street, S.E. P.O. Box 4668
<br /> Vero Beach, FL 32962 Wiener Patio FL 32793.4668
<br /> 772-2994113 407-677-0080
<br /> OWNER (Name and Address):
<br /> Indian River County Board of County Commissioners
<br /> 2625 - 19th Avernic
<br /> Vero Beach, FL 32960
<br /> 772-567-80005 Ext. 1416
<br /> CONSTRUCTION CONTRACT
<br /> Date :
<br /> Amount $ 167,500.
<br /> Description (Name and Location): IRC Bid if 60SS; Water Main Project along U.S. Highway 01 from Garden Grove to Grove Isle Estates
<br /> BOND
<br /> Date (Not earlier then Construction Contract Data):August 26, 2004
<br /> Amount $ 167,000.00
<br /> Modifications to this Bond: ® None ❑ Sao Page 2
<br /> CONTRACTOR AS PRINCIPAL SURETY
<br /> Company : o (Corporate Seat) Company: ;• ' (Corporots 'Ssaq
<br /> Utdergrotmd,Utilitiac,;inc. Old Republic Surety Company _
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<br /> Stgnahue! g �� r Signature : +
<br /> Nami01 J . idem b
<br /> • , Name and : James E, Dickmoyer, Attorney- set ato -
<br /> .'' Florida Resident Agent
<br /> fAny ad not sic on peas 2.
<br /> (FOR IN llt)/t ill l •Y —Name, Address and Telephone) OWNER'S REPRESENTATIVE (Architect, Engineer or other
<br /> AGENT or SRO The Didoneyer Agency party):
<br /> 607 tit. Lucie O isoes, Sown, FL 34994
<br /> 1 The Contractor and the Surety, Jointly and severalty, bind them- 4.1 Claimants who aro employed by or have a direct contract with the
<br /> selves, their heirs, executors, sdmInlstretors, successors and assigns Contractor have given nodoe to the Surety (at the address described
<br /> to the Owner to pay for labor, materials and equipment furnished for In Paragraph 12) and sent a copy, or notice thereof, to the Owner,
<br /> use In the performance of the Construction Contract, which is incor- stating that a claim Is being made under this Bond and, with sub-
<br /> porated herein by reference . stentMi accuracy, the amount of the claim.
<br /> 2 With respect to the Owner, this obligation shall be null and void if 4.2 Claimants who do not have a direct contract with the Contractor:
<br /> the Contractor: .1 Have furnished written notice to the Contractor and sent a copy,
<br /> 2.1 Promptly makes payment, directly or indirectly, for all sums due or notice thereof, to the Owner, within 90 days after having last
<br /> Claimants, and performed labor or led fiardsthed materials or equipment included
<br /> 2.2 Defends, Indemnities and holds harmless the Owner from In the claim stating, with substantial accuracy, the amount of the
<br /> claims, demands, liens of wits by any person or entity whose claim and the name of the party to whom the materials were fur-
<br /> claim , demand, Iron or suit is for the payment for labor, materials nished or supplied or for whom Oro labor was done or performed;
<br /> or equipment furnished for use In the performance of the Construe- and
<br /> tion Contract, provided the Owner has promptly notified the Con- .2 Have either received a rejection In whole or In par from the Con-
<br /> tractor and the Surety (at the address described in Paragraph 12) tractor, of not received within 30 days of furnishing the above notice
<br /> of any claims; demands, lions or suits and tendered defense of any communication from On Contractor by which the Contractor
<br /> such claims, demands, Dens or sults to the Contractor end the has Indicated the claim will be paid directly or Indirectly; and
<br /> Surety, and provided there Is no Owner Default. .3 Not having been paid within the above 30 days, have sent a
<br /> 3 With respect to Claimants, this obligation shall be null and void If written notice to the Surety (at the address described in Paragraph
<br /> the Contractor promptly makes payment, directly or indirectly, for all 12) and sent a copy, or notice thereof, to the Owner, stating that
<br /> sums due . a claim is being made under this Bond and enclosing a copy of
<br /> 4 The Surety shall hove no obligation to Claimants under this Bond until: the previous written notice furnished to the Contractor.
<br /> On c 221 14 (7-031 Paige 1 of t
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