§ 155.092  SAMPLE MAINTENANCE BOND FORM.
 
STATE OF INDIANA      )
               ) SS:
COUNTY OF ST. JOSEPH      )
KNOW ALL MEN BY THESE PRESENTS that                                                     as principal and                       as surety, are held firmly bound unto the Town of Walkerton, Indiana, in the sum of $              Dollars in lawful current money of the United States, for which payment will and truly be made and we bind ourselves, our heirs, successors and assigns in solido by these presents.
Dated and signed at                               , Indiana, 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 Town Board of Walkerton to maintain for a period of                                         years from                                                     ,                , the improvements in                                                                   Subdivision and keep all fill 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;
NOW, THEREFORE, the aforesaid principal shall well and truly and faithfully perform said contract and comply with all of 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                                                                   and 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.
                                                                                                   
                  Attorney-in-Fact
                                                                                                   
                  Signature of Subdivider
   Witnesses:
                                                                                    
                                                                                    
                                                                                    
 
(Ord. passed - -)