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BOND N0. U280 2018 <br />North Carolina State C'onstn~ction Mani:at 193 Pie 139 <br />Form OC-10 <br />SECTION 30& FARM OF PAYMENT BOND <br />pate of Contract: February 2~ji;~1998 <br />Date of Execution: February 25, 1998 <br />Na]ue of Principal: 0. C. MITCHELL, JR. , INC. <br />(Contractor) <br />1411 S. Miami Blvd., Durham, NC 27703 <br />Name of Surety: UNITED PACIFIC INSURANCE COMPANY <br />7520 E. Independence Blvd., Suite 140, Charlotte, NC 28227 <br />Name of Contracting Body: STATE OF NORTH CAROLINA; THROUGH THE COUNTY <br />OF ORANGE 132 E. King Street, Hillsborough, NC 27278 <br />Amount of Bond: $806,340.00 <br />Project: Orange County Skills Development Center <br />503 W. Franklin Street, Chapel Hi11, NC <br />KNOW AI.I. MEN B'Y 'I`HESE PRESENTS, that we, the principal and surety above <br />named, are held and firmly bound unto the above named contracting body, hereinafter called <br />the contracting body, in the penal sum of the amount stated abave for the ppayment of which <br />sum well and truly to be made, we bind ourselves, our hears, executors, admFrustrators, and <br />successors, jointly and severally, ~rnily by these presents. <br />T'HE CONDITION OF THIS OBLIGATION IS SUCH, tiaat whereas the principal <br />entered into a certain contract with the contracting body identified as shown above and hereto <br />attached <br />NOW, THEREFOR, if the princppal shall promptly make payment to all persons <br />supplyingg Iabor/material in the prosecution of the work provided for m said contract, and any <br />and all duIy authorized modifications of said contract that may hereafter be .made, notice of <br />which mod~catiorts to the surety being hereby waived, then this obligation to be void; <br />otherwise to remain iu. full force and virtue. <br />IN WITLESS VVHEREOF, the above-bounden parties have executed this instrument <br />under their several seals on the date indicated abave, the name and eo orate seal of each <br />corporate party being hereto affixed and these presents duly signed by its undezsigned <br />representative, pursuant to authozity of its governing body. <br />Executed in four (4) counterparts. <br />Witness: <br />0. C. MITCHELL, JR., INC. <br />Contractor: (Trade or Corporate-, <br />Nate ) <br />By: <br />(Pzopr~etorship or Partnership <br />Attest: (Corporation) Title: President <br />