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THE AMERICAN INSTITUTEOF ARCHITECTS Bond # <br />CONTINENTAL <br />AlA 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 />Continental Casualty Company <br />CNA PLAZA Chicago, Illinois 60685 <br />as Surety, hereinafter called Surety, aze held and firmly bound unto <br />- ORANGE COUNTY. <br />HIGHWAY 86 NORTH HILLSBORO>rTGH NC 27278 <br />as Obligee, hereinafter called. Owner, for the use and benefit of claimants as hereinbelow defined, <br />in the amount of <br />ONE HUNDRED NINETY FOUR THOUSAND ONE HUNDRED ELEVEN & 00/100 DOLLARS <br />- ($194,111.00) <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 1,1999 ,entered into a contract. with Owner <br />for _ <br />RICHARD E V~/HITTED HUMAN SERVLCES <br />in accordance with Drawings and Spec;<fications prepazed by ~~,~,,._ r _ <br />.. _._ CTL„ENGINEERING; INC . <br />' E. CLUB BLVD. DURHAM NC 27704 ~ ~ -- ~ ~ . <br />which contract is by reference made a part hereof, and is hereinafter referred to as the Contract. <br />AIA DOCUMENT A311 - PERFORMANCEBOND AND LABOR AND MATERIALPAYMENTBOND •AIA <br />FEBRUARY1970 ED. • THE AMERICANINSTITUTEOF ARCHITECTS.1735 N.Y. AVE., N.W.. WASHINf3TON,D.C. 20008 3 <br />