HomeMy WebLinkAbout0934 LABOR AND MATERIAL PAYMENT BOND
1H[KE((~I:t, 1Ht cc~n~oiiu~N i~F THIS UBUGATION is such tha~, if P~~nc~pal sha11 promptly make payment to all
c!a~~u~nts as hereinaiter deiined, (c~r all labor and matHnal used or reasunably required for u~e in the performa~ce of the
Ce~nt~ac~, then ~hi~ obGgaUon shall be void; othe~wi~e it shalt remain in (ull fcxce and effect, subject, however, to the (ol-
Ic,~.~n~ conditions: . , I
any 'lienor as described in Florida Statute 713.23. I
1. A claimant is detined as ~XB~d~G~~~~~~lf~ accuracy the amount claimed and the name of the
parly I
X'~QK9(k~Xd(~X~'#'X~9I~Ni~~IX~'X!4'1~IIX~(7~k~(9l~1~(4@X!P')(X9~Xlt1~ to whom the materials were fumished, or tor whom
7~xRkR h( 'J~~f ~~'X the K•ork ur labor wac don2 or performed. Such notice '
~ ~ ~ shall be ~erved by ma~ling the same by re~istered mail
~ or certi(u~d mail, postage prepaid, in an em•elope ad- I'
X dressed tu the Principal. Owner or Surety, at any place
~~(rX~Y Xr~x1~~X~ ~~r~~f{~r~r ~~~{~JXc,~~~1~f?x~ where an office is regularly mainlained for the trans-
~¢~4~x~1X act~on of business, or sen•ed ~n any manner in ~vhich
!egal process may be serveci in the state in which the
2. The above named Pnncipal and Surety hereby aforesaid project is located, sa~e that such ,en•ice need
~omtl~~ and ~e~~eralh• aRree with Ihe C~wner that every not be made b}~ a public officer.
claimant as herein defined, ~vho has ~at been paid in b) After the eapiration of one !1) }~•ar iu~lo~,~ng the
full before the expiraUOn of a peric,d of ninety t901 date on ~vhich Principal cea.ed 1ti'prk on c.~~d Cuntract, i
dav~ after the date on ~vhich the last ai s~ch cl.~imant's it bcing unc~er.lood, ho~.•e.e:, that if any I~rn~;.~~~c,n em-
?.ork or labor ~~•as done or performcd, or materi,,ls ~+ere t~ud~ed m ih~s hond is prohibited by~ am- la~~ cvntrotling
furr.iched by such claimant, ma~ tiue on th~c bond iur ~~~e construct~on hereof such I~mitation shall bc• deemed
ihr use of such c!a~mant, pre~~ecute the suit to tinal to be amc•isded so as to be equal to the minimiem period
~uci~;ment for wch sum o: sumc zs mav be ju:tl~• due o( limitat~on permiUed by such la~+•.
cla~mant, and ha~•e execution therec~n. The O~~ne? shall
not be l~able (or tF,e pa~•ment of an~- costs or expenses nther than in a slate court of campetent jur~cd~clion
of any wch su~t. in and far the county or other political subd~~~icion o(
the state in which the Project, or any part thereof, is
3. ~o suit o; act~on shal{ be commenced hereunder situated, or in the United States Di~trict Court for the
Fn an~ claimant: dislrict in ~vhich ihe Project, or any part thereof, is sit-
ua~ed. 3G~d(~~K~D~XJ(6i~lr~. or any other court ~
a~ l;nle~. cl~im~nt, c,~her th~n c~ne havin~; a direct allowed by Florida Statute 713.23.
cnntrac~ ~+~ith the Pr~nc~pal, shall have given written 4. The amount of this bond shall be reduced by and
not~ce to any t~~c, of the (ollo~.-ing: the Principal, the to ~he ezter.t of any payment or payments made in good
O~+ner, ~r the Suree~~ above named, ~vithin ninety (90) Iaith hereunder, inclusive of the payment by Surety of
d~~•s after such cla~m~nt d~d or pertormed the last of inechanics' I~enc which may be filed of record a~ainst
tt~e ~+~ork or I~bur, or fum~~hed the last of the matenals saio imprc~~-ement, whether or nol daim for the amount
fc~r ~+h~.h said claim is made, stating N•~th substantial of such I~en be presented under and against this bond. ~
This bond is subject to the terms and limitations of Exhibits A and 8 attached
hereto.
S~bncc! and scaleu this lOth day of ~une 19 83 '
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