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Sep , 29 . 2010 1 40AM The Bond Exchange No . 2689 Pr . 3 <br /> THE AMERICAN INSTITUTEOF ARCHITECTS <br /> A !A Document A310 <br /> Bid Bond <br /> KNOW ALL MEN BY THESE PRESENTS , that we <br /> OWENS ROOFING, INC . <br /> 301 WEST CABARRUS STRB$'I' , RALEIGH , NC 27601 <br /> as Principal , hereinafter called the Principal, and <br /> Western Surety company <br /> 101 South Phillips Avenge Sioux Falls, SD 51104- 6703 <br /> a corporation duly organized under the laws of the State of South Dakota <br /> as Surety , Hereinafter called the Surety , are held and firmly bound unto <br /> ORANGE COUNTY <br /> HILISBORO'UUH, NC <br /> as Obligee , hereinafter called the Obligee , in the stem of <br /> NOT TO EXCEED 5 % OF. BID <br /> Dollars ($ } , <br /> for the payment of which sum well and truly to be made , the said Principal and the said Surety , bind <br /> ourselves , our heirs , executors , administrators , successors and assigns , jointly and severally , firnlily by <br /> these present. <br /> WHEREAS , the Principal has submitted a bid for <br /> ROOFING <br /> NOW, THEREFORE , lithe Objlgee ; shall accept the bid of the principal and tht Priiioipal Shall enter intq 1 Contract Widi <br /> Ole Obligee in accordance with e terms of such bid , and give such bond or bonds as may be specified in the bidding or <br /> Contract )Documents with good nd sufficient surety for the faithful performance of such Contract and for the prompt <br /> paymtnt of labor and material furnished In the prosecution thercof, or in the event of the failpre of the Principal to enter <br /> such Contract and give shell bond or bolds , if the Principal shall pay to the Obligcc the difference 1101 to exceed Ole penalty <br /> hereof between the . amount specified in said bid and such lamer amount for which the Obligee may ill good faith contract <br /> With another. party to perform Ale Work covered by said bid , ten this obligation shall be null and void , otherwise to remain <br /> in full force and effcet. <br /> Signed and seated this 29 DAY OF SElrrtWB4 2010 <br /> * � <br /> oMNs nooNvo, ixc <br /> (Principal) C (Seal) <br /> CORPORATE n <br /> SEAL(Witness) ., <br /> , r <br /> (Title) <br /> NO �-r� <br /> WeptoM rety Company <br /> y ,(1$e 0 M <br /> (Witness) � <br /> Amy R . Waugh ATTORNEY TIC F &t = +s � MRSo <br /> AIADOCUMENTA310 - BID BONO Alt\ * • FSBRUARY1970 ED - 'rNEAMERIGAh! lR - • r ' • '�� <br /> INO�TCRSCEOF AftCHITECT$. 1735 N.Y. AVE., N.W., WABHINGTONaD.O. 2UW5 ,`•,, 'art 1 y} �� <br />