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<br />EXHIBI1. VIII-N, Cont. <br /> <br />PE,RFORMANCE BOND <br /> <br />KNOW ALL PEOPLE BY THESE PRESENTS: thai <br /> <br />(Name of Contractor or Company) <br /> <br />(Address) <br /> <br />a hereinafter called Principal, and ____ <br />(Corporation/Partnersh ip) <br /> <br />(Name of Surety Company) <br /> <br />(Acldress) <br /> <br />hereinafter called SURETY, are held and firmly bound unto <br /> <br />(Name of Recipient) <br /> <br />(Recipient's Address) <br /> <br />hereinafter called OWNER, in the penal sum of $ _ . Dollars in lawful money of the <br />United States, for the payment of which sum well aCid truly to be made we bind ourselves, successors, and <br />assigns, jointly and severally, firmly in these presents. <br /> <br />THE CONDITION OF THIS OBLIGATION is! such that whereas, the Principal entered into a certain contract <br />with the OWNER dated the day of __ :10.__ , a copy of which is hereto attached <br />and made a part hereof for the construction of: <br /> <br />PROJECT NAME: <br /> <br />NOW THEREFORE, if the Principal shall well, truly and faithfully perform its duties in all the undertakings, <br />covenants, terms, conditions, and agreements of said contract during the original term thereof, and any <br />extensions thereof which may be granted by the OWNER, with or without notiGe to the Surety and during the <br />one year guaranty period, and if he shall satisfy all claims and demands incLlrred under such contract, and <br />shall fully indemnify and save harmless the OWNER from all costs and damages which it may suffer by <br />reason of failure to do so, and shall reimburse and repay the OWNER all outlay and expense which the <br />OWNER may incur in making good any default, then this obligation shall be void, otherwise to remain in full <br />force and effect. <br /> <br />PROVIDED FURTHER, thatthe said Surety, for value received hereby stipulates and agrees that no change, <br />extension of time, alteration or addition to the terms of the Contract or to WORK to be performed <br /> <br />VIII-N-3 <br /> <br />(Revise<15f99) <br />