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2, The above named Principal and Sorety hereby jointly and severally agree with the Owner that every Claimant as herein denned, who has not been paid in full before the expiration of a period of ninety (90) days after the date on which the lasl of such Claimant's work or labor was done or performed, or materials were furnished by such Claimant, may sue on this bond for the use of such Claimant, prosecute the suit to final judgment for such sum or sums as may be justly due Claimant, and have execution thereon. The Owner shall not be liable for the payment of any costs or expenses of any such suit. 3. No suit or action shall be commenced hereunder by any Claimant, a) Unless Claimant, other than one having a direct Contract with the Principal, shall have given written notice to any two of the following: The Principal, the Owner, or the Sorety above named, within ninety (90) days after such Claimant did or performed the last of the work or labor, or furnished the last of the materials for which said claim is made, stating with substantial accuracy the amount claimed and the name of the party to whom the materials were furnished, or for whom the work or labor was done or performed, Such notice shall be served by mailing the same by registered mail or certified mail. postage prepaid, in an envelope addressed to the Principal, Owner or Surety, at any place where an office is regularly maintained for the transaction of business, or served in any manner in which legal process may be served in the state in which the aforesaid project is located, save that such service need not be made by a public officer, b) After the expiration of one (I) year following the date on which Principal ceased work on said Contract, it being understood, however, that if any limitation embodied in this bond is prohibited by any law controlling the construction hereof such limitation shall be deemed to be amended so as to be equal to the minimum period of limitation permitted by such law, c) Other than in a state court of competent jurisdiction in and for the county or other political subdivision of the state in which the Project. or any part thereof, is situated, or in the United States District Court for the district in which the Project. or any part thereof, is situated. and not elsewhere. 4-. The amount of this bond shall be reduced by and to the extent of any payment or payments made in good faith hereunder, inclu,ive of the payment by Surety of mechanics' liens which may be filed of record against said improve- ment, whether or not claim for the amount of such lien be presented under and against this bond, Signed and sealed this <j day of ~ , 198~ ;; ~ - ~ .. Witness ~.? ~--".~ TEZAK CONSTRUCTION CO..':" INC ., ,(Sealf- ZJ'~'O/\~dT'd'- -;-- Title ~7~ O~r~ Odh SAF INSURANCE COMPAN\,OF AMERICA ~ .,'-"" ~ .,' . , :$' ".. ,.' ~ ~, -........?.(' - =:::::' -0:- Witness By Pegg A.ttorney-in-Fact ~ '. ~ -:;.; "/..... .. ~~/".." . '';., . . .