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r • <br /> PERFORMANCE BOND Bond Number 85391 <br /> •�4ze s <br /> Date of Execution: March 20, 1985 <br /> Name of Principal: Durham Construction Company, Inc. <br /> (Contractor) <br /> P. 0. Box 15028, Durham, N.C. 27704 <br /> • <br /> Name of Surety: Pennsylvania National mutual Casualty Tnsurance Company <br /> Harrisburg, Pennsylvania <br /> • Name of.Contracting Body: County of Orange, North Carolina <br /> ° - Orange County Courthouse <br /> 106 East Margaret Lanet Hillsborough, N.C. 27278 <br /> Amount of Bond: Two hundred forty seven thousand, seven hundred and no/100---- <br /> (Dollars) ($247,700.00) <br /> Project: Renovations: orange County Historic Courthouse <br /> Hillsborough, N. C. <br /> KNOW ALL MEN BY THESE PRESENTS, That we, the PRINCIPAL and SURETY above <br /> named, are held and firmly bound unto the above named Contracting Body, <br /> hereinafter called the Contracting Body, in the penal sum of the amount <br /> stated above for the payment of which sum well and truly to be made, we <br /> bind ourselves, our heirs, executors, administrators, and successors, <br /> jointly and severally, firmly by these presents. <br /> THE CONiDITION OF THIS OBLIGATION IS SUCH, that whereas the principal <br /> entered into a certain contract with the Contracting Body, identified as • <br /> shown above.and hereto attached: <br /> NO4 THEREFORE, if the principal shall well and truly perform and fulfill <br /> all the undertakings, covenants, terms, conditions, and agreements of <br /> said contract during the original term of said contract and any extensions <br /> thereof that may be granted by the Contracting Body, with or without <br /> notice to the Surety, and during the life of any guaranty,required under <br /> the contract, and shall also well and truly perform and fulfill all the <br /> undertakings, covenants, terms, conditions, and agreements of any and all <br /> duly authorized modifications of said contract that may hereafter be made, <br /> notice of which modifications to the surety being hereby waived, then, <br /> this obligation to be void; otherwise to remain in full force and virtue. <br /> IN WITNESS WHEREOF, the above-bounden <br /> , parties have executed this instrument <br /> under their several seals on the date indicated above, the name and corporate <br /> seal of each corporate party being hereto affixed and these presents duly <br /> signed by its undersigned representative, pursuant to authority of its <br /> governing body. <br /> • <br /> t ' <br /> Pi <br />