07.01.2015 Views

Date Company Address City State Zip ATTN: Contact ... - RR Simmons

Date Company Address City State Zip ATTN: Contact ... - RR Simmons

Date Company Address City State Zip ATTN: Contact ... - RR Simmons

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

BOND NO.______________<br />

PAYMENT BOND<br />

BY THIS BOND, We <strong>Company</strong>, <strong>Address</strong>, <strong>City</strong> <strong>State</strong> <strong>Zip</strong> ("Principal") and<br />

_____________________________________________________________, a corporation organized and existing<br />

under the laws of the <strong>State</strong> of ______________________ and authorized to do business in the <strong>State</strong> of Florida,<br />

("Surety"), are held and firmly bound unto ("Obligee"), in the sum of $Price(Price in Words Dollars), for the<br />

payment of which sum well and truly to be made, the Principal and Surety bind themselves, and their respective<br />

heirs, administrators, executors, successors and assigns, jointly and severally.<br />

WHEREAS, Principal has entered into a written agreement with Obligee dated the day of ,<br />

2010, a copy of which is by reference made part hereof, consisting of the design and construction of Trade in<br />

connection with the Project known as Premier Beverage (“Subcontract”).<br />

NOW, THEREFORE, THE CONDITION OF THIS BOND IS THAT IF THE PRINCIPAL:<br />

1. Promptly makes payment to all lienors as defined in Section 713.01, Florida Statutes, supplying<br />

labor, materials or supplies, as used directly or indirectly by the Principal in the prosecution of the WORK provided<br />

for in the Subcontract; and<br />

2. Pays the Obligee all loss, damage, expense, costs, and attorneys' fees, including appellate<br />

proceedings, which the Obligee sustains because of default by the Principal under Paragraph 1 of this Bond;<br />

then this Bond is void; otherwise this Bond remains in full force and effect.<br />

BE IT FURTHER KNOWN: Any changes in or under the Subcontract and compliance or noncompliance<br />

with formalities connected with the Subcontract or with the changes shall not affect the obligation of the Principal<br />

and the Surety, or either of them under this Bond.<br />

THIS BOND DATED THE _____ DAY OF ________________, 200___.<br />

Signed, sealed and delivered in the presence of:<br />

Witnesses as to Principal<br />

_____________________________<br />

PRINCIPAL<br />

<strong>Company</strong><br />

By:__________________________________<br />

Printed Name:_________________________<br />

Title:_________________________________<br />

STATE OF ________________<br />

COUNTY OF ______________<br />

The foregoing instrument was acknowledged before me this ____ day of ____________, 2010, by<br />

______________________________________, as__________________________________________ of<br />

_____________________________________________________, on behalf of the corporation. He/she is<br />

personally known to me OR has produced ___________________ as identification.<br />

My Commission Expires:<br />

____________________________________<br />

(Signature of Notary)<br />

Name:_______________________________<br />

(Legibly Printed)

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!