Laserfiche WebLink
NEW 2 . Florida Statutes Section 255.05 (2002), as amended from time to time, together with <br /> all notice and time provisions contained therein, is incorporated herein in its entirety <br /> ., by this reference. <br /> • <br /> The Surety, for value received, hereby stipulates and agrees that no charge, extension of time , <br /> alteration of or addition to the terms of the Contract or to the work to be performed thereunder or <br /> to the Specifications applicable thereto, shall in any way affect its obligations on this Bond, and <br /> the Surety hereby waives notice of any such change, extension of time, alterations of or addition <br /> to the terms of the Contract, or to the work or to the Specifications. <br /> • The Surety represents and warrants to the County of Indian River that it has a Best's Key Rating <br /> Guide, General Policyholders rating of Wand Financial Size Category of Class "X". <br /> ,r The Principal and Surety jointly and severally covenant and agree that this -Bond will remain in <br /> full force and effect for a period of one year commencing on the date of Final Completion as <br /> established on the Certificate of Final Completion as issued by the County of Indian River. <br /> "' The Principal and Surety jointly and severally, agree to pay the County of Indian River all <br /> losses, damages, expenses, costs, and attorney's fees, including appellate proceedings, that <br /> the County of Indian River sustains because of a default by the Principal under the Contract. <br /> • <br /> (The remainder of this page was left blank intentionally] <br /> • <br /> • <br /> • <br /> • <br /> • <br /> • <br /> ID <br /> • <br /> ON 00612 - 2 00612 - Payment Bond REV 04.07.doe <br /> F:1EW4WkVVC2Pa1 Pr* IM IICR 512WWO*V li CR 512 - Pqm Batl REVOW7.d= <br /> so <br />