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SECTION 00612 "Payment Bond <br />KNOW ALL MEN BY THESE PRESENTS: <br />BY THIS BOND, we <br />J.W. Cheatham, LLC <br />(Contractor), <br />(Insert name, principal business address, and telephone number of Principal/Contractor) <br />and <br />SAFECO Insurance Company of America <br />5792 Widewaters Parkway <br />DeWitt, NY 13214 315-449-2842 , a corporation, <br />as Surety, <br />(Insert name, principal business address, and telephone number of Surety) <br />are held and firmly bound unto the County of Indian River, Florida, 1801, 27th Street, Vero <br />Beach, Florida 29677 567- 000) <br />in the sum ofghy an�n0 Q�� Hundred Ninety One Thousan6bllars ($1, 491, 080 .4 0 <br />amounting to 100% of the total bid price. For the payment of said sum we bind ourselves, our <br />heirs, executors, administrators and assi ns, jointly and severally, for the faithful performance <br />of a certain written Contract, dated the day of <br />entered into between the Principal and the County of Indian River, for: <br />Bond Number: <br />Project Name: <br />County Project <br />Numbers. <br />Project Address: <br />Project Description: <br />6595815 <br />Street SW to 17' Lane <br />Trace Project Entrance to <br />0803, 0837, 0838 <br />Avenue. <br />Avenue from 210' Street SW to 17"' Lane SW and 17th <br />Lane from Falcon Trace Project Entrance to 20 Avenue, <br />A copy of said Contract is incorporated herein by reference and is made a part hereof as if fully <br />copied herein. <br />NOW, THEREFORE, THE CONDITIONS OF THIS OBLIGATION ARE SUCH, that, if the <br />Principal shall promptly make payments to all claimants, as herein below defined, then this <br />00612 - Payment Bond REV 04-07 <br />00612 - 1 <br />F.*np1naerinq%CepNa1 Proleft%080317th Lane SW Roadway Vwovements hom 27th Ave to approx. 900 LF ael of 271h AveW803 ConUaot 0ocumontaWW12 'Payment <br />Bond REV 04-07.doe Rev. 05101 <br />