Laserfiche WebLink
6.1.D. - Page 99 <br /> [7UAL Q�l�IG'�� �1���2 <br /> To be attached to and for�n a pa��t of con.tract bot�d number ����261�a _. issued by tl�e <br /> Gxea� �tnericarf �nsurance Cnmpany <br /> or�beh2l�Of �,W. Young Cons�rue�ion C4. �nc. <br /> in the�rnoun#of �wo [tund�ed Seven��en '.�housand Nina Hundrad Tarelv� and (30/3.00 <br /> _ Dollal'S($ 217,9�2.D� } <br /> and dated Ap��.J. 2, 2a�2 i�t favoe nf One Ma�'ina Homes I,�C <br /> ii�consideratian of the st�m af nne F�olEar(�l.oE�},and other gaacl and val�able cansidexation recei�t of which is hereby ac�zpwledged,tl�e <br /> YJndersigned hereby a���ee as foIlows: <br /> i, `X`�le city of i2�:dwood Ci�x . <br /> is hereby added#a said bond as an additional obligee. <br /> 2. The Surety shail naf be 1ia61e under this bond to the Obligee, or either of thesn u�less tfie said Qbligaes, or eitl�er of the�n, shaii <br /> �n$ke�ayrfients to t��e Principal sfricfly in accor�anCe witl�tl3e tert�ls of the said corttraCt as fo payinei�ts,and shail pet�fonn atl other <br /> abliga�ions to be psrFa��ned undei-said contract at the tim�and in#�►e mann�r thercin set forth. <br /> 3. No suit,actian or graceeding by reaso�af any def�ult whatever shall be brought on fhis battd af�a�•tsvo(2j years from the d�y o►i which <br /> the���a]payrnent under s�id construc[ian contract falls due, <br /> �. Aggregate Iiabality of Suxety he�•e�nder to �hligees is limited to the penal suEn abave s#ated and Surety, upon making pays�€e�� <br /> her�ut�de��, sha[1 be s�brogated to, and sl�all Ge eiifitled fQ an assignment of a61 riglifs of the payee with respect to the partict��a�� <br /> abliga�ion discl�arg�by the payment,either against p��incipal or against any ocher�arty liable to the paycc a�i t�ze dascharged ob3igatian. <br /> Sigited,Seafed at�d Da€ed this znd c#ay of April � 2n�z , , <br /> �k18 ��a7C.�d1] f�Ofies L�C <br /> ' Great American �nsurance Commpany <br /> 7"� �-.{/ }� � <br /> }�� f `����pP � E}3+ � . � � / <br /> eanatte Conley, Attorney-in-[�act <br /> �� �� .— -- .._. ... .,,._ <br /> fl0082a i?106 . . <br />