State of Indiana: County of Ripley: KNOW ALL MEN BY THESE PRESENTS, that, , as Principal, and ($___________________ ) dollars, in lawful current money of the successors, and assigns, in solido by these presents. Date and signed at _____________________ , Indiana, this __________________day of , 20 . The conditions of this obligation are such, that whereas, the above named principal did on the _____________day of ________________________ , 20 , enter into a certain contract with the Town of , Indiana, herein represented by the Town Council (if the plat of the subdivision is located in a town), or the County of Ripley, Indiana, herein represented by the Board of the County Commissioners (if the plat of the subdivision is located in the unincorporated territory), to maintain for a period of year(s) from , 20 , the improvements in Subdivision, and keep all filled trenches, pipes, manholes, structures, and paved or unpaved surfaces constructed by him in good condition, and shall make such repairs to any defects in materials or workmanship as may develop or be discovered when called upon to do so by the Town Board (or the County Commissioners, as the case may be). 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 to , then this obligation shall be null and void; otherwise to be and remain in full force, effect, and virtue. In testimony whereof, we have hereunto set our hands, in the presence of the two undersigned competent witnesses this day, month and year above written. BY: ___________________________ (Attorney-in-Fact) ___________________________ (Signature of Subdivider) Witness: _________________________________________ _________________________________________ _________________________________________ |
(Ord. passed 6-5-1991)