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BK : 2295 PG : 2289 <br /> I A copy of said Contract is incorporated herein by reference and is made a part hereof as if fully copied <br /> herein . <br /> ' NOW , THEREFORE, THE CONDITIONS OF THIS OBLIGATION ARE SUCH, that, if the Principal <br /> ._ shall promptly make payments to all claimants , as 4ereiri below defined, then this pbligation shall be <br /> void; otherwise, this'Bobd shall oiernain in full force and effect, subject to the following terms and <br /> 11 <br /> conditions * <br /> s 1 . A claimant is defined as any person supplying the Principal with labor, materials or supplies , <br /> used directly or indirectly by the Pohcipal in the prosecution of the Work provided for in <br /> said Contract, and is further defined in Florida Statutes Section 713.01 . <br /> 2. Florida Statutes Section 255 . 05 (2007) , as amended from time to time, together with all <br /> notice incl time provisions contained in subsection (2) of Florida Statutes Section 255 .05 , is <br /> _ iacorporarea herein in its entirety by this reference <br /> ' The Surety, for value received, hereby stipulates ai►d agrees that no charge,- exminsion of tune ; alteration <br /> of or addition to . the terms of the Contract or to the work to be performed thereunder or to the <br /> Specifications applicable thereto, shall in any way affect its obligations on this Bond, and the Surety <br /> hereby waives notice of any such change, extension of time, alterations of or addidon to the terms of the <br /> Corioract; or to the work oi• to the Specifications . <br /> The Surety represents and warrants to the County of Indian River that it has a Best's Key Rating Guide, <br /> General Policyholder's rating of " A" and Financial Size Category of Class "X" . <br /> The Principal and Surety jointly and severally covenant and agree that this Bond will remain in fall force <br /> and effect for a period of one' year commencing on the date of Substantial Completion as established on <br /> the Certificate of Substantial Completion as issued by the County of Indian River. <br /> The Principal and Surety jointly and severally, agree to pay the County of Indian River all losses, <br /> damages , expenses, costs, and attorney' s fees, including appellate proceedings, that the County of Indian <br /> River sustains because of a default by the Principal under the Contract. <br /> IN WITNESS F, the about bound parties executed this instrument under their. several seals, <br /> this =l= day of _ gv . vvaln a,✓ , 20 _ the name and corporate seal of each corporate <br /> party being hereto affixed and these presents duly signed by its undersigned representative, pursuant to <br /> . .. . authoiity: of its governing body. <br /> _ *572017 <br /> 00612-2 <br /> A TRUE COPY <br /> CERTIFICATION ON LAST PAGE <br /> J . K. BARTON , CLERK <br />