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6.1.D. - Page 73 <br /> � ���������� ���� <br /> Ivow, q►�fREFOltE, 7},IE C(}N�71TIiJPt OF �'H�5 qBL1GATION i5 SUCh tF1�3, it Contraclor shal� pramptfy and faitl�fully per(orm <br /> satd �ontract, then �h�s obli�atian s1�ai� be nul� and vnid, oth�rwise it shala remain in fu�f force and effe�t. <br /> The Surely �er�by waives nati�e ot at�y alteratiar� ar c#eFaults under ti�e conErart or contracts o! comple�ivn <br /> exte�siofl o€ time mAde by the �Fywer, artanged under Rhis paragraphf suFFiciet�t funds tn pay th� <br /> Whenever Contr�Ctor shafl be, and �eel�r�d by Owner cost of ccrrr�pletion Iess the balance ot the cor�tra�t price; <br /> to be in dei�ult uncEer the �ontract, t�� Ov�n�r havin� �ut not exteedin�, incfuding c►thcr costs and cfamages <br /> perFormed �wne►'s obE3gati4ns Ihere�e�der, Ihe Sueety �°�which tl�e Surety may#��ilablc hereunder,the amounr <br /> r�ay �rprapkly temedy t�te cf�fa�#t, or sh�ll prom�atly �t far#h in the lllsE pdragraph hpr�of. �"he t�nn "balar�ce <br /> of Rh� cor�tra�t price," as used in t�is paragraph, shait <br /> �) Camp�et� t�re Cor�tr�ct irr aeeordanc� WE��i €ss ter�ns �nean t�k total amount payabl� by ewner lo Cantractor <br /> altd condifionS, nr und�� ;t�� Convact and any amenr�ments thereto, less <br /> 21 pbtain � bid or bids f�e cQmpfeting t��� C�r�tr�cE in ��� a�pu�t ��aperly paid by (3wner to Co�t�actor. <br /> aecordanc� with Ets ter�s an� condit�ons. ar�d upan de- �ny sui� under tfiis hand re�ust be 111t1[tUI�OI �E'FOtN <br /> 4�emina�ion by Surety af the law�st r�spansi6le bidde�, g�@ ��p��atlon Of k�yo (I} years frorr� the d�te an which <br /> ae,� i( th� �wner eleets, upon d�t�r�inafian by tP�� fnat pay�ent under the Conttact f�lls c�ue. <br /> (?wrs�r and ti�� Surety jainkEy of the lowest r�spansibte idp,rig#�t of action shall accrue on this 6�nd to or �or <br /> bidd�r, arr���e fae a contract ��tw�e�t sueh 6idder and ti�e pse of a�y persdn or corpnration olher than the <br /> Owr�ee, �fld r��1c� �vailable as W4rk pra$resses �even �wner narr��d �erein or the hrirs, execulots, �dminis- <br /> tho�Qh t�►er� shoulci b� a r�efault er � sutression of ir�tors ar suc�essors of th� pwnee. <br /> �i�r��d anc� s�af�d th3s 2nd d�y af Aprii 201 z <br /> D,W.YOUiVG CONSTt�UCTI01�!CO., INC. <br /> ��flllt'lj3�i11 I�hJkk <br /> r ' . <br /> � � <br /> E r�ttrl ��� <br /> ���arA����cR�v ws���tvc�co����vv <br /> �tiurt�l}•1 iyr.su <br /> �rika Gonzalss [Witn�n�) ��� <br /> . „� <br /> �lea et#e Cnniey �r+t���� A�iorney-In-FacE <br /> AEA �B�L,IA4�F�� �,Stl • PFk!'{lRMAtdC� �D1d� AP1D lA6t)f{ Ai+l� AAA�bR1Al PAYMEFiT BUN� • A!A E� <br /> I'fRRURRY'i�ly11 EI).•C#�E A�4#8lGAN IT1STiYUTE(7F AR�FitTECT�,}7)5 N.Y.AVIf.,td.�..VlrqS�IMC7RW,Q.C.2D405 � <br />