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BK : 1800 PG : 1448 532423P EXHIBIT E PERFORMANCE BOND KNOW ALL MEN BY THESE PRESENTS : BY THIS BOND , we Timothy Rose Contracting , Inc . 1360 SW Old Dixie Hwy . Vero Beach , FL 772 - 564 - 7800 as Principal 32962 ( Contractor) r (Insert name, principal business address , and telephone number of Principal/Contractor) and Developers Surety and Indemnity Company acorporation , 150 South Pine Island Road , Ste 115 , Plantation , FL .33324 as Surety, 954 - 693 - 0270 ( Insert ni principal business, and telephone number of Surety) are held and firmly bound unto the County of Indian River, Florida , 1840 20'" Street, Vero Beach, Florida 32960, (772;567-8000), 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 Nimt ) Be Three Hundred Dollars ($ 15- 1 , 3 9 q; Mounting to 125 % of the total contract pryge. For the payment of said sum we bind ourselves , our heirs , executors, administrators and assigns, jointly and severally, for the faithful performance of a certain written Contract.. dated the T day of IVOtjoe 4 oo� , 2004 entered Into between the Principal and the County of Indian River, for. Bond Number. 532423P _ Project Name : Highland Drive Storm Sewer Repla.cement County Project Number. 0447 Project Address:- A copy of the Contract is incorporated herein by reference and is made a part hereof as fully copied herein, _ NOW , THEREFORE, THE CONDITIONS OF THIS OBLIGATION ARE SUCK that if thq Principal shall in all respects comply with the terms and conditions of said Contract and Its obligations thereunder, and shall Indemnify and save harmless the County of Indian River against and from all from liabilities, damages, losses and costs, Including, but not limited to, reasonable attorney's fees, tip the extent caused by the negligence, recklessness, or intentional wrongful misconduct of the Principal, its agents and employees in the performance of the Contract, alind further, if the Principal shall promptly make payments to all who supply him with labor and/or materials used directly or Indirectly by the PrinclpW In the prosecution of the Work provided for in said Contract, then this obligation shall be null and void , otherwise, the Principal and Surety, jointly and severally, agree to pay the County of Indian River and difference between the sum that the County of Indian River C4bV.W a t 11/ SaWok M11MAW 3*&V9W"Wy inW"tFIu0A&.6VEWCZMERC&4Y CONTRACT 2MM .am 20 f" A TRUE COPY CERTIFICATION ON LAST PAGE J . K. BARTON , CLERK