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Bond No. 105753242 <br /> FORM OF PAYMENT BOND <br /> Date of Contract: August 21, 2012 <br /> Date of Execution: August 21, 2012 <br /> Name of Principal <br /> (Contractor) W.L. Bishop Construction Co. <br /> Travelers Casualty and Surety Company of America <br /> Name of Surety: Hartford, <br /> Name of Contracting <br /> Body: Orange County <br /> Amount of Bond: Eight Hundred Eighty Seven Thousand Ninety Two Dollars and 00/100 $887,092.00 <br /> Project Walnut Grove Church Road Convenience Center Expansion FY1 1-12 <br /> KNOW ALL MEN BY THESE PRESENTS, that we, the principal and surety above <br /> named, are hold and firmly bound unto the above named contracting body, hereinafter called <br /> the contracting body, in the penal sum of the amount stated above for the payment of which <br /> sum well and truly to be made, we bind ourselves, our heirs, executors, administrators, and <br /> successors, jointly and severally, firmly by these presents. <br /> THE CONDITION OF THIS OBLIGATION IS SUCH, that whereas the ncipal entered <br /> into a certain contract with the contracting body identified as shown above and ger'reto attached: <br /> NOW, THEREFORE, if the principal shall promptly make payment to all persons <br /> supplying bor/material in the prosecution of the work provided for in said contract, and any <br /> and all guly authorized modifications of said contract that may hereafter be made, notice of <br /> which modifications to the surety being hereby waived, then this obligation to be void; otherwise <br /> to remain in full force and virtue. <br /> IN WITNESS WHEREOF, the above-bounden parties have executed this instrument <br /> under their several seals on the date indicated above, the name and corporate seal of each <br /> corporate party being hereto affixed and these presents duly signed by its undersigned <br /> representative, pursuant to authority of its governing body. <br /> Executed in three(3) counterparts. <br /> I - I <br />