PERFORMANCE BOND SURETY BOND
STATE OF INDIANA )
) SS:
COUNTY OF MARSHALL )
KNOW ALL MEN BY THESE PRESENTS that_____________________of___________________, as principal, and________________________, as surety, are held and firmly bound unto the Town of Culver, Indiana and to all contractors, subcontractors, journeymen, carters, truckers, workers, laborers, mechanics, and furnishers of materials jointly as their interests occur in the sum of $______________, in current lawful money of the United States for which payment will truly be made, we bind ourselves, our heirs, successors and assigns in solido by these presents.
Dated and signed at____________, this__________day of _________________,__________.
The conditions of this obligation are such that whereas the above named principal did, on the___________day of____________,_________, enter into a certain contract with the Culver Town Council to build or construct streets, sidewalks, curbs and gutters, drainage and sewage facilities in accordance with plans and specifications prepared by_______________________________and approved by the Town;
NOW THEREFORE, if the aforesaid principal shall well and truly and faithfully perform said contract and comply with all its terms, covenants and conditions according to its tenor and discharge all of said principal's obligations thereunder and shall fully pay and discharge all of said principal's obligations to contractors, sub-contractors, journeymen, carters, truckers, workers, laborers, mechanics and furnishers of materials employed and furnished in the execution of contract then, this obligation shall be null and void; otherwise, to be and remain in full force, effect and virtue.
In testimony whereof, we have set our hands in, the presence of the two undersigned competent witnesses the day, month and year above written.
SURETY COMPANY
By:___________________________
Attorney-in-Fact
WITNESSES:
_______________________________ _______________________________
Signature of Subdivider
_______________________________