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~ _ . - - <br /> (EXECUTED IN QUADRUPLICATE) PERFORMANCE BOND <br /> TRAVELERS BOND N0. 104945999 CONTRACT #2007-25 <br /> JOB #4441 <br /> LIBERTYBOND NO. 190-017-920 <br /> ~iOW ALL MEN BY THESE PRESENTS, That we MORSE BROS., INC. DBA KNIFE RIVER <br /> as principal, and LIBERTY MUTUAL INSURANCE COMPANY AND TRAVELERS CASUALTY AND SURETY COMPANY OF AMERIC~,r Surety, are jOintlyand <br /> severally held and bound unto the CITY OF EUGENE, in Lane County in the sum of 633,336.00 <br /> ( SIX HUNDRED THIRTY THREE THOUSAND THREE HUNDRED THIRTY SIX DOLLARS AND NO CENTS ~ <br /> for the payment of which we jointly and severally bind ourselves, our heirs, executors, administrators and assigns or <br /> successors and assigns, firnily by these presents. <br /> THE CONDITION OF THIS BOND IS SUCK that, whereas the said principal herein has made and entered into <br /> a certain contract, a copy of which is attached hereto, with the CITY OF EUGENE which contract, together with <br /> the applicable plans, Standard Specifications, Special Specifications, and schedule of contract prices, is by this <br /> reference made a part hereof, whereby the said principal agrees to do in accordance with the certain terms, conditions, <br /> requirements, plans and specifications which set out in said contract and all authorized modifications of the contract <br /> which increase the amount of the work and the amount of contract. Notice to the surety of any of the immediately <br /> foregoing are waived. <br /> NOW, THEREFORE, if the principal herein shall fai lhfully and truly observe and comply with the terms, conditions <br /> and provisions of the said contract, in all respects, and .shall well and truly and fully do and perform all matters and <br /> things by him undertaken to be performed under said contract, upon the terms set forth therein, and within the time <br /> prescribed therein, or as extended as provided in the contract, and shall indemnify and save harmless the G[TY OF <br /> EUGENE, its officers, employees, and agents, against any direct or indirect damages of every kind and description <br /> that shall be suffered or claimer to be suffered in connection with or arising out of the performance of the said <br /> contract by the said Contractor or his Subcontracts and shall in all respects perform said contract according to law, <br /> then this obligation is to be void, otherwise to remain in full force and effect. <br /> <br /> • Nonpayment of the bond premium will not invalidate this bond nor shall the CITY OF EUGENF, be obligated for <br /> the payment thereof. <br /> WITNESS our hands this 19TH day of JUNE , 20 07 <br /> MORSE BROS., INC. DBA KNIFE RIVER <br /> Principal Principal <br /> By By <br /> srErHe FRrr <br /> ANT~E~~~Y Authorized Official Si nature <br /> Authorized~i~ic~a ignature S <br /> By By <br /> Authorized Official Signature Authorized Official Signature <br /> SURETY: TRAVELERS CAS TY D PANY OF AMERICA <br /> Surety LIBERTY MUT, UAL INSURANCE COMPANY By <br /> ~ r, Atto ey-in-Fact HEIDI L. S~1ITH <br /> By <br /> ~ HEIDI L. SMITH gent ATTORNEY-IN-FACT <br /> (A Power of Attorney for <br /> the Attorney-in-Fact r_-.upt <br /> be attached to this Bond) <br /> Surety's 5ea1 must be Atl"ixed <br /> <br />