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<br />-1 #' · ":> <br />\' , <br />.. ...-- ~~ <br /> <br />o ~v 0 <br />Western Surety Company <br /> <br />PERFORMANCE BOND <br /> <br />Bond Number: 70628788 <br /> <br />KNOW ALL PERSONS BY THESE PRESENTS, That we Rago Construction <br /> <br />266 Bayshore Blvd., San Francisco, CA 94124 <br /> <br />of <br />, hereinafter <br /> <br />referred to as the Principal and Western Surety Company <br />, City of Ra:M:xxi City, ani all of its elECta:i am CW):intaj officials, <br />as Surety, are held and firmly bound unto dira)tors, officers, eIployees, agmts. am eervantS. 'This PJliQ'L Eh3l1 <br />provide roJe~ to arl1 of tile atliti<nli :ins..Irejs with ~t to tile Itbrk. <br />of 1017 Mid lefield Rd. . Redwood City. CA 940640000 . . , hereinafter <br />Two Hundred One Thousand Seven Hundred Twelve and <br />referred to as the Obligee, in the sum of 00 /100 <br /> <br />Dollars ($ 201, 712 .00 ), for the payment of which we bind ourselves, our legal representatives, successors <br />and assigns, jointly and severally, firmly by these presents. <br /> <br />WHEREAS, Principal has entered into a contract with Obligee, dated the <br /> <br />day of <br /> <br />,fOrLigh~ing Rp~rnfi~, 1017 Middlpfield Rd , Rpdwnnd C~~y, C~ Q4061 <br /> <br />NOW, THEREFORE, if the Principal shall faithfully perform such contract or shall indemnify and save harmless <br />the Obligee from all cost and damage by reason of Principal's failure so to do, then this obligation shall be null and <br />void; otherwise it shall remain in full force and effect. <br /> <br />ANY PROCEEDING, legal or equitable, under this Bond may be instituted in any court of competent jurisdiction in <br />the location in which the work or part of the work is located and shall be. instituted within two years after Contractor <br />Default or within two years after the Contractor ceased working or within two years after the Surety refuses or fails <br />to perform its obligations under this Bond, whichever occurs first. If the provisions of this Paragraph are void or <br />prohibited by law, the minimum period of limitation available to sureties as a defense in the jurisdiction of the suit <br />shall be applicable. <br /> <br />NO RIGHT OF ACTION shall accrue on this Bond to or for the use of any person or corporation other than the <br />Obligee named herein or the heirs, executors, administrators or successors of the Obligee. <br /> <br />SIGNED, SEALED AND DATED this <br /> <br />9th <br /> <br />day of <br /> <br />December <br /> <br />2008 <br /> <br />~te liability" of SJrety l'ere.n:ier to Cbli.g003 <br />is limite:l to 1"h= p:ml am abJve stata:i ail SJrety, <br />1..\X11 rraki.ng p3.yITB1t lB:arrler, sffill tE SJtrcg3.ta:i to, By <br />am stall tE e1titlErl to an - assigIrmt of all rigtIts <br />of tile p3.yee with re:p:ct to tile prtiallar cbl:ig3.ticn <br />cfurlargej bf tile "fl3.YITB1t eiirer agpirnt pr:ircip3l <br />or agpirnt arw ot:h=r t:artY liable to tile {BYe9 en <br />tile di3:tErga:i ool:ig3.tien. <br /> <br />Rago Construction <br />(Principal) <br /> <br />(Seal) <br /> <br />Western Surety Company <br />~ ' (Surety) <br /> <br />By _ _{J'~ E.Frl....AH.&See. (Seal) <br /> <br />Attorney-in-F act <br /> <br />Form F4597 <br />