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BK : 1800 PG : 1448
<br /> `re
<br /> 532423P
<br /> EXHIBIT E
<br /> PERFORMANCE BOND
<br /> • KNOW ALL MEN BY THESE PRESENTS :
<br /> BY THIS BOND , we
<br /> Timothy Rose Contracting , Inc , 1360 SW Old Dixie Hwy Vero Beach , FL
<br /> r772 - 564 - 7800 as Principal 32962
<br /> (Contractor)
<br /> (Insert name , principal business address , and telephone number of Principal/Contractor)
<br /> and
<br /> Developers Surety and Indemnity Company acorporation ,
<br /> 7T�South Pure Island Road , Ste 115 , Plantation , FL 33324
<br /> as Surety, 954 - 693 - 0270
<br /> ( Insert nar V, principal business, and telephone number of Surety)
<br /> r are held and firmly bound unto the County of Indian River, Florida, 1840 201' Street, Vero
<br /> Beach, Florida 32960 , (772567-8000) , in the sum of O n e H u n d r e d F i f t y O n e T h o u s a n d
<br /> Three Hundred Dollars ($ 151 , 39 fifounting to 125% of the total contract price .
<br /> For the payment of said sum we bind ourselves , our heirs , executors, administrators and
<br /> assigns , jointly and severally, for the faithful performance of a certain written Contract,.
<br /> r.
<br /> dated the ., day of _ ! V � � ti`s- 4 2004 entered into between
<br /> the Principal and the County of Indian River, for.
<br /> Bond Number: 5 3 2 4 2 3 P
<br /> Project Name: Highland Drive Storm Sewer Repla.cement
<br /> • County Project Number. 447
<br /> Project Address. -
<br /> irr -
<br /> T
<br /> A copy of the Contract is incorporated herein by reference and is made a part hereof as
<br /> fully copied herein.
<br /> 101 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, and shall indemnify and save harmless the County of Indian River
<br /> against and from all from liabilities , damages , losses and costs, including, but not limited
<br /> to , reasonable attorney's fees, tp the extent caused by the negligence , recklessness, or
<br /> intentional wrongful misconduct of the Principal , its agents and employees in the
<br /> performance of the Contract, EInd further, if the Principal shall promptly make payments to
<br /> all who supply him with labor and/or materials used directly or indirectly by the Principal in
<br /> the prosecution of the Work provided for in said Contract, then this obligation shall be null
<br /> e' and void ; otherwise, the Principal and Surety, jointly and severally, agree to pay the
<br /> County of Indian River and difference between the sum that the County of Indian River
<br /> wDxtmonle and 9eIllnpekhn,lALee91 sewnpffawpar/ry inwmal GINOLI 02"GU NNE.EMERCENCY CONTRACT 4001 .600
<br /> 20
<br /> �. A TRUE COPY
<br /> CERTIFICATION ON LAST PAGE
<br /> J . K. BARTON , CLERK
<br /> .r
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