HomeMy WebLinkAboutAPPROVED, A2P0252S - BondPERFORMANCE BOND
Bond Number: 674216654
Site Number: A2P0252S
KNOW ALL BY THESE PRESENTS, That we emet B II WA 98006
as Principal, hereinafter called Principal, and Liberty M l c - 175 B k Street
Boston MA 02116. a ^yla:SShstett: corporation, as Surety, hereinafter called Surety, are held and firmly
bound unto St. Lucie COW ,2100 Vim Die Avgouii, Ft Pierce, FL 34982 as Obligee, hereinafter called
Obligee, in the amount of Five Thousand and No/l00 Dollars (E Os oo o01 for the payment of which sum,
well and truly to be made, the said Principal and Surety bind themselves, and their heirs, executors,
administrators, successors and assigns,jointly and severally, firmly by these presents.
WHEREAS, Principal has obtained or is desirous of obtaining a 't to plactf s facility
from St Lucie.So_unte for the telecommunications facility located at 28000 Okeechobee Road. Ft. Pierce.
FIL 34945and
WHEREAS, as a condition of said Perm 'tt place a commijaigalions facilk Principal is required to provide
a Bond guaranteeing the 5omoly with development standards at said location.
NOW, THEREFORE, THE CONDITION OF THE ABOVE OBLIGATION IS SUCH, That if Principal shall comply
with d t� dards in accordance with said o t t - £ f c'I'ty then this
obligation is void, otherwise to remain in full force and effect.
PROVIDED, HOWEVER, That:
1. It shall be a condition precedent to any right of recovery hereunder, that in event of any default
on the part of the Principal, a written statement of the particular facts of such default shall be
forwarded to the Surety, within sixty (60) days of the occurrence of such default, delivered by
registered mail to Surety, at its Home Office located at: 175 Berkeley Street, Boston, MA 02116.
2. That no action, lawsuit or proceeding shall be had or maintained against the Surety on this
Bond unless the same be filed and properly served upon the Surety within one year from the
effective date of the cancellation of the Bond.
3. That no right of action shall accrue under this Bond to or for the use of a person or entity other
than the Obligee, and its successors and assigns.
4. This Bond shall become effective December 8. 2021.
S. This Bond shall continue in full force and effect until canceled by the Surety by providing thirty
(30) days written notice to the Obligee.
6. The liability of the Surety shall in no event exceed the aggregate penal sum of the Bond penalty.
7. If any conflict or inconsistency exists between the Surety's obligation or undertakings as
described in the Bond and as described in the underlying document, then the terms of the
Bond shall prevail.
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Liberty Mutual Insurance Company
Mutual. The Ohio Casualty Insurance Company OatlnamN 81n911NT/0a
SURETY West American Insurance Company
POWER OF ATTORNEY
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IN WITNESS WHEREOF, The said Principal and Surety have signed and sealed this instrument on
this M day of December, 2021.
Principal %
By: ! `
FLORIDA DEPARTMENT OF FINANCIAL SERVICES
CHRISTIANA MARIE BRAILE
License Number; 1V693114
Resident insurance License
0- NONRES GEN LINES (PROP 8 CAS)
Issue Date
10/22/2020
NOTICE - This nor—sldem lianas is limited to the Gasses of insurance reflected above and
Is further limited to ONLY those dosses of insurance for which you are licensed in your home
state.
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