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BOND NO. 015016840 sECTION 00202 PAYMENT BOND KNOW ALL MEN BY THESE PRESENTS: That we, SAN FIL~NCTSCO ELEVATOR COM~'A.,N~ as pnncipal, and, LIBERTY HUTUA~ INSU~CE COtV~AN~ organized and existmg under the laws of the State of California and authorized to execute bonds and undertaking as sole surely, as Surety, are held and firmly bound unto any and all persons named in California C~vil Code Section 3181 whose claim nas not been paid by the Contractor, company or corporation in the aggregate total of FIFTY TWO THOUSAt~) AR9 NO/100 ............... Dollars ($~.~2.non_nn ) (bmng 100% of the Contract amount) for the payment whereof, well and tTuly to be made. said Principal ancl Surety bond themselveS, their heirs, administrators, sucCessors, and assigns, jointly and severally, firmly by these presents. THE CONDITION OF THE FOREGOING OBLIGATION IS SUCH that. whereas the above with the City of Redwood City ('City") to do the following work, to-wit: REPAIRS TO ELEVATOR - FIRE STATION. NO. 9 NOW, THEREFORE, if ~e above-bounden Principal or his subcontractors fail to pay any of the persons named in Section 3181 of me Civil Code of me State of California, or amounts due under the Unemployment Insurance Code wire respect to work or labor performed under the Contract, or for any amounts required to be deducted, withheld, and prod over to the Employment Development Department from me wages of employees of the Contractor and ms subcontractor pursuant to Section 13020 of the unemployment InsuranCe CbOe of the State of California, with respect to such work and labor, me surety will pay for the same, in the amount not exceeding the sum specified in this bond, and also, in case suit is brought upon this bond, a reasonable attorney's fee, to be fixed by the Court. This bond shall inure to the benefit of any person named ,n S.ect~on 3181 of the Civil Code of the State of California so as to give a right of action to them or their assignees in suit Drought upon mis bond. This bond is executed and filed to comply wire the prowmons of the act of the Legislature of the State of California as demgnated in C~vil Code Sections 3247-3252, ~nclumve, and all amendmentS thereto. And me sa~d Surety, for value received, hereby stipulates and agrees to waive the provmiOns of Cahfornia Cwil Coc~e Secbon 2819 regardmg consent to change, extension of brae alteration, or addition to me terms of the Contract, or [o the work to De performed thereunder, or the Specifications accompanying the same. shall in any way affect obhgations on thru bond; and ~t 0des hereby wawe notice of any such change, extension of t~me, alteration, or addition to me terms of the Contract. or to the work, or to me Specifications. 00202-~ PAYMENT BOND REPAIRS TO ELEVATOR - FIRE STATION NO §