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IA NI.Tt AL 1?cl NA\Ct: CUV!•A~YI ~ ~
Hanle ofrnr~ Lung rrn~c. Illiuui• 001l1~
PA/MENI BOND ~ t30N0 NO.......8..-.S N.... 0 0 2....1.4 7
CO.OBLIGEE
KNOW ALL MEN BY THESE PRESENTS, f
s
That we D.I.C. COMMERCIAL CONSTR.V..G.T.,~.P1.~1....CQ,EtP.....
..........................99 N W 183 $t;~t*.~.........................
..........xi am..~...F~1.........3..3.1.b.~ Principal, and
AMERICAN MANUFACTURERS MUTUAL INSURANCE COMPANY, Long Grove, Illinois. Surely, are held
SAND DOLLAR VILLAS DEVELOPMENT CORPORATION ~
and firmly bound unto. I NTERCONTI NENTA,L••,BANK,,,,.,••.•,.,• ............................as their interests may appear,
hereirlafier called the Obligees, in the sum of.on.t?...H.i.~.~.i..on....TWV...Hu~dr.ed...Fo.r.t.y...Tw.o_...2hausand
Five Hundred Fifty- :Six 6 noy100 - - - - - - - - Dollars 1.f.24.~'..•.$5..6....0.('lfor
the payment of which eve bind ourselves, our legal representatives, successors and assigns, jointly and
severally, firmly by these presents. c
Whereas. Principal has entered intoa certain contract, dated....A•u.gust••••25.,.•••1.9.78•
for,-.-constr_nction of a.•47 unit apartment_.,bui.l-ding•.•S•and••_DoZ1ar•.Vill.a.s_,~•.,,..,,
Building- 4B•.•i•nc.luding•••t•he..•bui.lding..•and.••site_..work.-...•._-.._••„•,.•__••.....•_....••
copy of which contract is b~• refs: ence rz~ade a part hereof.
NOW, THEREFORE, THE CONDITION OF TNIS OBIIGAT101~ IS SUCH, that if the Principal shall
promptly make payment to al) persons supplying labor and mate: iai in the prosecution of the work pro-
vided for in said Contract, Then this obligation to be void: otherv:ise shall remain in full force and effect.
PROVIDED, hovrever, that Principal and Surety shall not be liable to the Obligees or any of them
unless the Obligees or any of them have performed the obligations io the Principal in accordance with
the terms of said Contract; and
PROVIDED, further, that no suit, action or proceeding by reason of any default whatever shall be
brought on this bond after one year from the day on which fins! payment under the Contract falls due;
and
PROVIDED, further, that Principal and Surety shalt not be iio.`~,le to all Obligees in the aggregate in
excess of the sum above stated.
SIGNED, SEALED and DATED this.....4............dayof......_....J.anuary
. 19..._79...•....
D.I.C. CO!!!]ERCIRL CONSTRUC•TIOI,r'.•,CORP,,_-
Tc_ provisions and limitations of section 255.05
Fnnr.~ - j
o' ~?ct~on 713.23, FioriGa Statutes, vrhichever is ~ -
,'.able to the contract, are incorporated frt this ~~-y`~_~~' ~ - .
LJ~/u by re!erznce. . ,
AMERICAN IISAh'UFACTURERS i.fUTUAI INSURANCE COMPANY
vriTr,ESs
13y .G~.?....--
~ Li da Fast A,lorney-in-Pact- _
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