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
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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)