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21 <br /> responsible bidder, arrange for a contract between such bidder and Owner, and nuke <br /> available as Work progresses (even though there should be a default or:a succession of <br /> defauLts under the contract or contracts of completion arranged under this paragraph) <br /> sufficient Bands to pay the cost of completion less the balance of the contract price; but <br /> not exceeding, including other costs and damages for which the Surety may be liable <br /> hereunder. the amount set forth in the first paragraph hereof. The terra "balance of the <br /> contract price," as used in this paragraph, shall mean the total amount payable by Owner <br /> to Contractor under the Contract and any amendments thereto; less the amount properly <br /> paid by Owner to Contractor. <br /> Any suit under this bond must be instituted before the expiration of any applicable statute of <br /> limitations under the Contract. <br /> No right of action shall accrue on this bond to or. for the use of any person or corporation other <br /> than the Owner named herein or the heirs, executors, administrators or successors of the Owner. <br /> Sianed and sealed this IOth day of April 2024 <br /> G7'/ fi prate{CpP 1T <br /> p _• cQno, <br /> Lomax., In orated <br /> LAffix corporate seal] > �ccaRQZ y�` <br /> Firr s4 Q��k� (�famey Travis atagley <br /> Partner 1 VP of Pre-Construction <br /> �r�tG�x <br /> (%Vi,ncis) Eric Lomax <br /> Corporate Secretary <br /> SURETY <br /> Travelers Casualty and Surety Company of America <br /> w r Hf'M414. "x <br /> �Atfix corporate seal] <br /> Jennife Gullett <br /> Attorney-in-Fact <br /> Donna K_ Ashley <br /> 2 <br />