Orange County NC Website
Browse       Search
Form OC -13 <br />SECTION 307 FORM OF VERFORKANCE BOND <br />Date of Contract: June 25,1991 <br />Date of Execution: Juno- 25,1991 <br />Name of Principal: C.J. Kern Contractor,Inc. <br />(Contractor) <br />P.O. Box 22005, Greensboro,N.C. 27420 <br />Name of Surety: Pennsylvania National Mutual Casualty Insurance <br />Company <br />Name of Contracting Body Ora e County Government Services <br />Building, Hillsborough,N.C. <br />Amount of Bond: $1,600,000.0 <br />Project: Orange County Goverr <br />.Hillsborough, NC <br />nt Services Center <br />I <br />KNOW ALL MEN BY THESE PRISENTS, that we, the PRINCIPAL and <br />SURETY above named, are held anc� firmly bound unto the above named <br />Contracting Body, hereinafter called the Contracting Body, in the <br />penal sum of the amount stated above for'the payment of which sum <br />well and truly to be made, we bind, ourselves, our heirs, execu- <br />tors, administrators, and successors, jointly and severally, firm- <br />ly by these presents... <br />THE CONDITION OF THIS OB IGATION IS SUCH, that whereas the <br />principal entered into a cent in contract with the Contracting <br />Body, identified as shown aboveland hereto attached: <br />NOW THEREFORE, if the principal shall well and truly perform <br />and fulfill all the undertakings, covenants, terms, conditions, <br />and agreements of said contract during the original term of said <br />contract and any extensions thereof that may be granted by the <br />Contracting Body, with or wit's ^y+ notice to the Su-S` -,-, and <br />the life of any guaranty requ�,nd red under the contract, and shalt <br />also well and truly perform fulfill all the undertakings, <br />covenants, terms, conditions, and agreements of any and all duly <br />authorized modifications of said contract that may hereafter be <br />made, notice of which modifications to the surety being hereby <br />waived, then, this obligation to be void; otherwise to remain in <br />full force and virtue. <br />IN WITNESS WHEREOF, the aiibove- bounden parties have executed <br />this instrument under their several seals on the date indicated <br />above, the name and corporate seal of each corporate party being <br />hereto affixed and these presets duly signed by its undersigned <br />representative, pursuant to autIority of its governing body. <br />-50 <br />