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(EXECUTED IN TRIPLICATE) <br />TRAVELERS BOND NO. 105315956 <br />LIBERTY BOND NO. 190-021-701 PAYMENT BOND <br />CONTRACT # 2010-00008 <br />JOB #4658 <br />KNOW ALL WN BYTHESE PUSENTS, that we MORSE BROS., INC. DBA KNIFE RIVER <br />as principal, and LIBERTY MUTUAL INSURANCE COMPANY AND TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA as surety, are jointly <br />and severally held and bound unto the CITY OF EUGENE, in Lane County in the sum of, $ 33,720.00 <br />THIRTY THREE THOUSAND SEVEN HUNDRED TWENTY DOLLARS AND NO CENTS`- ) for the payment of which <br />we jointly and severally baud ourselves, our heirs, executors, administrators and assigns or successors and assigns, <br />firmly by these presents. <br />THE CONDITION OF THIS BOND IS SUCH that, whereas the said principal herein has made and entered into a <br />certain contract, a copy of which is attached hereto, with the CITY OF EUGENE which contract, together with the <br />applicableplans, Standard Specifications, Special Specifications, and schedule of contract prices, is bytlns reference <br />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 mcrease.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 make payment promptly, as due to all subcontractors and to all <br />persons supplying to the Contractor or his subcontractors, equipment, supplies, labor or materials for tht prosecution <br />of the work, or any part thereof, provided for in said contract, and shall pay all contribution of amounts due its <br />workers compensation carrier and the State Unemployment Compensation Trust Fund from such. ,Contractor or <br />Subcontractors incurred in the performance of said contract, and pay all sums of money withheld from. Contractor's <br />employees and payable. to the Revenue Department; and shall pay all other just debts, dues and deAnands`incurred"in <br />the performance. of the said contract and shall pay the CITY OF EUGENE such damages as may accrue to the City <br />under said contract, then this obligation is to be void, otherwise to remain in full force and effect. <br />Nonpayment of the bond premium will not invalidate this bond nor shall the CITY OF EUGENE be obligated for the <br />payment thereof. <br />WITNESS our hands this 12TH day of OCTOBER 20 09 <br />MORSE BROS., INC. DBA KNIFE RIVER <br />Principal <br />By <br />Authorized Official Signature STEPHEN FREY <br />ASSISTANT SECRETARY <br />By <br />Authorized Official Signature <br />Sure TRAVELERS CASUALTY AND SURETY COMPANY OF AMERICA <br />v <br />By <br />HEi 1`L. SMITH A feat ATTORNEY-IN-FACT <br />Principal <br />By <br />Authorized Official Signature <br />By <br />Authorized Official Signature <br />SURETY:LIB` /MI-i-TlF1AL I URANCE COMPANY <br />By <br />Attdnin y-zn-Fact H E I D I L. SMITH <br />(A Power of Attorney for <br />the Attorney=in-Fact must <br />be attached to this Bond) <br />Surety's Seal must be Affixed <br />