HomeMy WebLinkAbout0239 ~ i
~ ~
,
f.
- .
_~~i~:~?1(::~\ ~I_~~UF~(:I'E~IiEI~S `IC"1't~~L I_\~I~II.•~`(:E C(}~II'~\}~
• - /A Mt7l'AL 1\~l NA?CL tt~gl'AKf 1
11ouu• U6., r• ).,,nF rrmc. Illiu~~i~ Id101V
P4rME~t BOND 9 SN 002 428
BONO NO
CO.OBUGEE -
KNOW ALL MEN BY THESE PRESENTS,
That we,...n:I.c.. COMMERCIAL CON$T'Ril.C.~'.lO.N..CQRP..
..........................Mi.s~s!u-.....~'>;.......3.3~1b9........................................................................................................, Principal, and
AMERICAN A4ANUFACTURERS MUTUAL INSURANCE COMPANY, Long Grove, Illinois. Suety, are held
INLAND MORTGAGE AND INVESTMENT CORFORATION and
and firmly bound unto.OCEAN HARBOUR DEVELOPMENT CORPORATION as their interes~s may appear,
hereinaf!er called the Obligees, in the sum of...4?!e..M~.i.~l too..~'a~.t.y.:S.eyer,._Thousand..Seven..~ttndred....
Seventl3-.and - no/100-.--..-. - - - - - - - - - - - - - - - • Dollars ($1,Or27..,7.7.0...00....) for
the payment of which we bind ourselves. our legal representatives, succ~sso~s and assigns, jointly and
severally, firmly by these presents.
VJhereas. ?rinci; al has entered into a certain contract, sated October 25, 1978
for......-the construction of a 39 unit aka-rtment.:building--Ocean.-Harbour--Bui-ldiDg--~-------------
copy of which contract is by reference made a part hereof.
NOIh', THEREFORE, THE CONDITION OF THIS OSLIGA710N IS SUCH, that if the Principal shalt
promptly make payment to all persons supplying labor and ma;er?al it ;h~ arosecution of the work pro-
vided for in said Contract, then this obligation to be void; o:hers;use shall amain in full force and effect.
PROVIDED, however, that Principal and Surety shat{ not be liable to the Obligt:~s or any of them
unless the Obligees or any of #hem have performed the obligations to the Principal in accordance with
the terms of said Contract; and
PROVIDED, further, that no suit, action or proceeding by reason of amr default whatever shall be
broug~lt on tnis bond a`ie- one y°a- from tie day an :ti•h;;,t? ;Ina: Nc~men; ur:cer the Coni,act fa'Is due;-
a~G
PROVIDED, further, that Principa! and Surety shall not be liable to al! Obligees in the aggregate in
excess of the sum above stated.
SIGNED, SEALED and DATED this...---.1 ~-.--.---day of....-.-.Jul.~ 19-.-..7..9.......
r._ arovisio;ls and limitations of section 255.OS D•=j-.C•..CC>_~;18RCZA,t<..CONSTRUCTION..CURP._ t
sedion 713.23, Flonda Sta~~tes. whichever is
= - .:+ta5! ' at:. are i., ora` this - ,~~jf ' ~
a to the cons ^cora .ed fn -.-y .t ~ ~ k~
f..':= t
ry reference. ~
tt,',EPICA!:':'~.":IEA~^.T'v'RE~S ;,'„T:I;At !!',Sl!!#ANif CJ!l:PANY
~wT!vESS ~ ~ i~~~/
' - ~ By ~
...~Y-.f
, ~ Linda Fast A;ICe ney-m-tact.
2~.-~ rJ B(IORcJ~.U PdGE ~F,•.,~o ,...,.5.. #
s