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1938501
<br /> THIS DOCUMENT HAS BEEN
<br /> SECTION 00610 " Performance Bond RECORDED IN THE PUBIC RECORDS
<br /> OF INDIAN RIVER COUNTY FL
<br /> BK: 2282 PG :906, Papel of 16
<br /> 07/29/2008 at 02:54 PM,
<br /> KNOW ALL MEN BY THESE PRESENTS : JEFFREY K BARTON , CLERK OF COURT
<br /> BY THIS BOND , we
<br /> J . W . Cheatham , LLC
<br /> 7396 Westport Place
<br /> West Palm Beach , FL 33413 561 - 471 - 4100 as Principal
<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 , 1800, 27th Street , Vero
<br /> Beach , Florida 3290 {�7g2-567-8000
<br /> in the sum of ,lnArp ciatxNtnP .a ��} t � �j� l and_ _ Eight _ _ Dollars ( 1481869 . 41 ) ,
<br /> amounting to 100 % of the total bid price . For
<br /> Forf the payment of said sum we bind ourselves , our
<br /> heirs , executors , administrators and assigns , jointly anq severally, for the faithful performance
<br /> of a certain written Contract, dated the 1 S}'' day of , 20 O8,
<br /> entered into between the Principal and the County of Indian Riqer, for:
<br /> Bond Number: 6554643
<br /> Project Name : Powerline Road from C R 510 North to the Sebastian City Limits
<br /> County Project Number: 0217
<br /> Project Address: Powerline Road from C , R. 510 North to the Sebastian City Limits
<br /> Project Description : The project consists of the of paving an existing two-lane marl-road with a
<br /> southbound left turn at C. R. 510 maintained by Indian River County, Florida.
<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 in all respects comply with the terms and conditions of said Contract and its
<br /> obligations thereunder, including all of the Contract Documents therein referred to and made a
<br /> part thereof, and such alterations as may be made in the Contract Drawings and Specifications
<br /> as therein provided for, and shall indemnify and save harmless the County of Indian River
<br /> against and from all expenses , damages , injury or conduct, want of care of skill , negligence or
<br /> default, including patent infringement on the part of the Principal , his agents or employees , in
<br /> the execution or performance of said Contract, including errors in the Drawings furnished by the
<br /> Principal , and further, if the Principal shall promptly make payments to all who supply him with
<br /> labor and/or materials used directly or indirectly by the Principal in the prosecution of the Work
<br /> provided for in said Contract , then this obligation shall be null and void ; otherwise , the Principal
<br /> and Surety, jointly and severally , agree to pay the County of Indian River any difference
<br /> between the sum that the County of Indian River may be obliged to pay for the completion of
<br /> said Work, by contract or otherwise , and any damages , whether direct, indirect , or
<br /> consequential , including reasonable attorney's fees (including appellate proceedings) , which the
<br /> 00610 - Performenoe Bond
<br /> 00610 - 1
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