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' for, and shall indemnify the County of Indian River as set forth , In the Contract, in the execution or
<br /> pert srmpne a of said Contract, and furt.4or, ir, the Principal small promgtiy make payments to all who
<br /> supplyhlm with labor sindlor materials ue*d direciiy or ir►d!re&v by the Principal In the prosecution of
<br /> the Work provided for to laid Contrrzt, then this obligatior, shall be null and void; otherwise , the
<br /> ' Ritnc poi and Surery, Jointly ar.d severeRy, sg� to pay tte County of Indian Rl ,+er any difference
<br /> between the suns that the County rA indir..n P,iver may be oVorod to pay for the completion of said
<br /> Work, by c*nVact or otiterwriss, a;,ci any damages, whether dtrect, indfmct, or corsaquentlal,
<br /> inewding raQsonable attomeVs fees (induding appellate procs•adjirga), which the County of Indian
<br /> ' River may Incur es a re rLlft Of rh a failuf r of the Principal ;o oraperly ex0cuts Ail of the prrvislons of
<br /> the Contra^i.
<br /> AND , the sold Pdnc pal and Surety hereby further bind themselves, thsh successors, executors,
<br /> adm!entrators and assigns, ;olntiyand severally, that they %AQ amply and fully protect the County of
<br /> Indian River aga..lnat, and will pay any arses all amounts, damages, costs and judgments, Including
<br /> reasonable attorney feces (including apcellate Procs' adings) which r~-my be rerajered against or
<br /> wi1101; the County of Indian River maybe ,;ailed upon x pay to arty person or corporation by reason
<br /> of any damage aristng from the performance of the said work, repair or maintenence thereof, orther
<br /> mannerof doing the same, or his agents or his servants, or the infringements of any patent rights by
<br /> reason of the uie of any material fumisher; or wo,* dore, as aforesaid or otherwise..
<br /> Principal and Surety expressly acknowiedge that any and all provisions relating to liquidated
<br /> d3images contained in the Contract are expressly covered by and mads a pert of this Bond.
<br /> Principal and Surety ecknovAedgei that any such previsions lies wMalln their obligations and within lase
<br /> policy mverarges and Ilm!'.ations of this Bond .
<br /> AND; the sa;d Sk lrety. forvalue received, hereby stipulates end agrees that no range, extension r of
<br /> true , Increase In the r o.itnect price, ai.eratlon or addition to the terms of the Contract or to the Work
<br /> to be performed thereunder, or the Specifcatiors or Drawings accompanying the sama, shall in any
<br /> M'ay affect Its obligatioiis on this Bond, and it does 11ei0,6y w+ahre notice of any such change,
<br /> extension of tinny, alteration or addition tv the lams of the Contact m to the Worts or to the
<br /> ' Specifloatlons at Drawings.
<br /> AND tha Surety represents and warrants to the COUnty of Indian River that it has a Best's Key
<br /> Rating Guide, General Poilcv Holder's Rafting of *W and Financi?J Size Category of Clays ure
<br /> AND , the said Principal and Surety jointly and severally covemint end egrae that this gond will
<br /> remain In full force and effect for a period of one year ranvnenr.Irg on the date of Fin:el Completion
<br /> as established an the Certiflrste cf Finan C: mPlation an Issofed by the Coaenty of Indian River.
<br /> AND the Surety shall issue a consent of pay:;r-int to a=rch of the Principal's pay requeste.
<br /> AND, in the event o` a default by the Pr"ndria!, the Surety consents that the Principal sh=all not be
<br /> allowed to parform fairther work on the Prrsjee...
<br /> AND , the Surety agrees :Tat it is respon%lble for all delay damages resuling from, the Pdndpal's
<br /> performance on the Contract.
<br /> ' 4,W/03 PERFORMANCE BOND 00610-2
<br /> F.V*ubRc WorksWeilhlAStc r";er Pro ecbNHsmwrp Oaks WStk%aVr Pr eat Censtruei ez Convaoa ldcrna and Com ruc rr
<br /> CootrsctDwunwntsMio - Perfomm ceP4MAcc
<br /> A TRUE COPY
<br /> CERTIFICATION ON LAST PAGE
<br /> J .K. BARTON , CLERK
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