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Performance Bond #20BSBGP5944 — extracted reading text
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SITE IMPROVEMENT
Performance Bond
Bond # 20BSBGP5944
KNOW ALL PERSONS BY THESE PRESENTS: That we WIM-FWB, LLC dba Towne Place Suites by Marriott
843 Eglin Parkway, Ft. Walton Beach, FL 32547
Principal, and Hartford Fire Insurance Company
a corporation authorized to do surety business in the State of CT
as Surety, are held and firmly bound unto Board of County Commissioners Okaloosa County Courthouse
1759 South Ferdon Blvd., Crestview, FL 32536
as Obligee, in the sum of One Hundred Thousand Dollars and 00/100
Dollars ($ 100,000.00 ) lawful money of the United States of America, for which
payment well and truly to be made, we bind ourselves, our heirs, executors, administrators, successors,
and assigns firmly by these presents,
WHEREAS, the Principal has entered into an agreement with the Obligee, guaranteeing only that the
Principal will complete site improvements as per estimate prepared by:
attached to and made a part hereof at certain land known as
Force main relocation and turn lane installation
all of which improvements shall be completed on or before the date
set forth in the agreement or any extension thereof, and the Principal provides this bond as security for
such agreement.
NOW, THEREFORE, the condition of this obligation is such, that if the Principal shall carry out all the
terms of said agreement relating to the site improvements only and perform all such work as set forth in
the attached agreement, then this obligation shall be null and void; otherwise, to remain in full force and
effect.
No party other than the Obligee shall have any rights hereunder as against the Surety.
The aggregate liability of the Surety on this bond obligation shall not exceed the sum stated above for
any xeason whatsoever,
SIGNED, SEALED AND DATED THIS____25th DAY OF July 2014
PRINCIPAL:
WIM-FWB, LLC dba Towne Place Suites by Marriott
= A ae
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SURETY:
Hartforg! Fire Ansurance Company fi
A < S
(Vrlk Mchch}éel !, Attorney-in-Fact
Direct Inquiries/Claims to:
POWER OF ATTORNEY o
Hartford, Connecticut 06155
call: 888-266-3488 or fax: 860-757-5835)
KNOW ALL PERSONS BY THESE PRESENTS THAT: Agency Code: SurePath
III Hartford Fire Insurance Company, a corporation duly organized under the laws of the State of Connecticut
I:I Hartford Casualty Insurance Company, a corporation duly organized under the laws of the State of Indiana
l:] Hartford Accident and Indemnity Company, a corporation duly organized under the laws of the State of Connecticut
|:] Hartford Underwriters Insurance Company, a corporation duly organized under the laws of the State of Connecticut
|:] Twin City Fire Insurance Company, a corporation duly organized under the laws of the State of Indiana
[ Hartford Insurance Company of Illinois, a corporation duly organized under the laws of the State of Illinois
|:| Hartford Insurance Company of the Midwest, a corporation duly organized under the laws of the State of Indiana
l:l Hartford Insurance Company of the Southeast, a corporation duly organized under the laws of the State of Florida
having their home office in Hartford, Connecticut (hereinafter collectively referred to as the “Companies”) do hereby make, constitute and appoint
‘ J. Erik McMichael of Newnan, GA
their true and lawful Attorney-in-Fact, to sign its name as surety(ies) only as delineated above by [X, and to execute, seal and acknowledge the
following bond, undertaking, contract or written instrument:
Bond No. 20BSBGP5944 on behalf of WIM-FWB, LLC dba Towne Place Suites by Marriott naming
Board of County Commissioners Okaloosa County Courthouse as Obligee in the amount of See Bond Form
on behalf of the Companies in their business of guaranteeing the fidelity of persons, guaranteeing the performance of contracts and executing or
guaranteeing bonds and undertakings required or permitted in any actions or proceedings allowed by law.
In Witness Whereof, and as authorized by a Resolution of the Board of Directors of the Companies on August 1, 2009
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