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THE AMERICAN INSTITUTEOF ARCHITECTS Bond # <br /> 25943726 <br /> AIA Document A311 <br /> Labor and Material Payment Bond <br /> THIS BOND IS ISSUED SIMULTANEOUSLY WITH PERFORMANCEBOND IN FAVOROF THE <br /> OWNER CONDITIONED ON THE FULL AND FAITHFUL PERFORMANCEOF THE CONTRACT <br /> KNOW ALL MEN BY THESE PRESENTS , that <br /> OWENS ROOFING , INC . <br /> 301 WEST CABARRUS STREET , RALEIGH , NC 27601 <br /> as Principal , hereinafter called Principal , and <br /> Western Surety Company <br /> 101 South Phillips Avenue Sioux Falls , SD 57104 - 6703 <br /> as Surety , hereinafter called Surety , are held and firmly bound unto <br /> ORANGE COUNTY <br /> PO BOX 8181 HILLSBOROUGH , NC 27278 <br /> as Obligee , hereinafter called Owner , for the use and benefit of claimants as herembelow defined , <br /> in the amount of <br /> NINETY THOUSAND FIVE HUNDRED NINETY ONE & 00/ 100 DOLLARS <br /> ($ 90 , 591000) <br /> for the payment whereof Principal and Surety bind themselves , their heirs , executors , administrators , <br /> successors and assigns , jointly and severally , firmly by these presents . <br /> WHEREAS , <br /> Principal has by written agreement dated NOVEMBER 9 , 2010 , entered into a contract with Owner <br /> for <br /> DISTRICT ATTORNEY & GOVT SERVICES ANNEX REMEDIAL ROOFING <br /> in accordance with Drawings and Specifications prepared by <br /> which contract is by reference made a part hereof, and is hereinafter referred to as the Contract . <br /> AIA DOCUMENT A311 - PERFORMANCE BOND AND LABOR AND MATERIAL PAYMENT BOND AIA o <br /> FEBRUARY 1970 ED . - THE AMERICAN INSTITUTE OF ARCHITECTS , 1735 N . Y . AVE. , N . W . , WASHINGTON , D . C. 20006 3 <br />