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HomeMy WebLinkAbout2193 8. That this ~nstrument sh~1! protect, in the namc of the Suretv. ~ny an~i all surety or reinsuring campanies tf<<~t may ,,s;ume reinsurance or co-suretyship on any ~u~h bond or bonds, and, in like m~nner, shall indemnify such other reinsc,rer or co-surety as the 5urety has procured or may procure to execute or to join with it in executis~g any such ~ond or bonds, it being agreed that this instrument shall inure to the benefit of any such reinsurer or co-surety, so as to give it or them the right of actioii hereunder. 9. If any prov;sion or provisions of this instrument shall be void or unenforceable under the laws of any place go~•erning its construction or enforcement, this instrument shall not be ~~oid or vitiated thereby but shall be construed and enEorced ~~ith the same effect as though such pravision or provisions were omitted. It is expressly underst~od and agreed that all rights and remedies of the Surety under this instrument shall be deemed to be cum:tlative, and the e~ercise of any particular ri~ht or remedy at any tirne shall not be considered to be an election of remedy or a waiver of any other right or remedy, and the acceptance of security or consideration shall not be taken as a v~~aiver of any right or remedy: which the Surety might have by statute or otherwise, 1G. It is understood and agreed that, as the execution of this aqreeme~t is an esrential part of the consideration foc. the execution by thz Surety of such bond or bonds, the failure to execute this instrumer.t, or. in case the execution ma~~ be defective or in~-alid for any reason, such failure, defect or invalidity, shall not in any manner affect the valid- ity oE this instrument or the liability hereunder, and this instrument shall be in full force and effect ro the same extent ~s if such :ailure, defect or invalidity had not existed. This ac~reement, alehough executed subsequent to the issuance i oE any ic~strument referred to herein, is of the same force and effect as though executed prior to the issuance oE such I ;nstrument. i l. Each of the undersigned, for himself, his heirs, execu!ors. administrators, successors and as5ic~ns, hereby co~~cnants and agrees that un!il the Surety shall ha~~e been discharged cr relieved of and from any and aU liability un~;er such bond or bonds and praper evidence aE such discharge from liability shall ha~•e been furnished to the Si:rcty. this instrument sha]] be deemed to impose a clnim against his assets and estate, actual and contingent, in the .~mount oE such bond or bonds, with the same force and effect as any other debt. 12. In the e~•ent that it becomes necessary or advisable in the judgment of the Surety t~ control, adrninister. opcrate or rnanage any matters connected with the performance of any contract covered by such bond or bonds for !he purpose of minimizi~g any possible ~oss or ultimate loss to the Surety, the undersigned herebv expressly co~~en- ~nt and aqrce th,?t su: h:?ction on the part of the Surety shall be entirely ti•ithin its rights and reniedies and as Surety. 1 _3, ~ .~tt ~?1P~#t1E'CDit1.J ~I~~1'pi9~, the Indemnitors ha~~e hereunto set their hands and af~ia:ed their seals this ~,~eT,-~~;, . ; da~~ oE _ . _ _ _ __.19 . , , . „ 7 ~ , / - ~ 5i,~ned. sealed and deli~~ered ~ . " . _ f Seal) : T'E?~ i.• OZ 1.~ in rhe presence of Adciress . C~ `,P~,.~ . ~°Q,;2~;~ _.~A~~~~. I~o11i..:; (Seal) _ . Address . : ' L . ; ~ ~ . . _.......-...-:.::-.~~s STAT~ OF _ ' _ _ . _ . C:OU~TI' GF , ~ , ~ ss.: _ On the . _ _ _ dav'of _ " . . in the year before me _ . , - , . _ i Pcrs~na.lv c<r.i^ - ° ' - oi.l _ • .c ~o r~e kr.own. ancl l:n~~l~n to me to be the in~i~~idual _ descrihed in and ~;~ho erecuted the'' ~ _ Eoreqoing insrrumenc, and ~ " _ . _ _ _ _ . . . d~~l~ ackno«•Iedged to me '.h~.t he exect~red t Same. _ _ _ _ _ . _ . . ~ :.r. .'1~.-~__Utt_~ Nota-rv ~blic, ~ :,~i, i.tlt. . _ _ NvtaryF Pu~++c> 3#ate at ~~;~da ~onnty. STATE O~ . _ _ ~ 1?~r Wmmissan E,~pires Au;ust 1.3:~~$,. , 7 ( SS.: M~aN Ir ~an ~r~ 6'~i.. COCI:VT~ OF _ . . _ _ ~ l3 ~ ~n the _ _ day of _ _ . _ _ . in the year _ _ beEore me personallv came _ _ _ _ me kno~~~R wl:r~ ;,y r.:c c3uly ;worn, clid depose and say. that hc res~des in _ that he is th~~ _ _ _ . _ _ _ _ nf the _ . _ _ _ _ . . . . _ . . ;he corpo~tion :{cs,criLe~i '.n. anc{ r. }rch e~eciited the abo~~e in~trument: th~t he kr~o«-s tnc seal ~F ~aid corporartor~: th,~ ~he seal af~ised :o sa~d i:}~:ru~nent is ~~;ch corporate sea?: that it ~t•as so .tffixe~t ~sy order a't clse ~3oarcl of Directors of ~aid corporat~on, <~~~d chat he sianec~ f~is ri~-~me sherct~ hv like order. _ _ _ . ~'ot~rv Ptiblic. _ _ _ _ _ ..Countv. 5TATE OF _ _ _ j , COLIITY OF _ _ _ . _ _ _ _ j ~s.: On the c'.ay oE_ _ . . in the vear . . before me ~ersor~ally c~-~me . _ to me known and known to me to be a mer.lber ~f the firrn of _ _ descrihed in ar,ci ~~•ho etecuted r~~c i:-regnin~ ;nstrumet~t, an<! he thereupon ackno~t•leciged to m~ t.~at hE e~ecuteci the same as and for the act znd deed of the said firm. _ _ . _ . iVot~rr}~ Public. . _ _ _ p*~ _ . . _ _ County. ~GQK1J~ ~O 0