FAITHFUL PERFORMANCE BOND
COUNTY OF RIVERSIDE, STATE OF CALIFORNIA
(Government Code Section 66499.1)
| FOR: |
Tract/Parcel No.
________________________________________ |
Bond No.
________________________________________ |
| |
|
Surety
________________________________________ |
Principal
________________________________________ |
Address
________________________________________ |
Address
________________________________________ |
City/State
________________________________________ |
City/State
________________________________________ |
Zip
________________________________________ |
Zip
________________________________________ |
Phone
________________________________________ |
Phone
________________________________________ |
KNOW ALL MEN BY THESE PRESENTS: That ________________________________________, subdivider, as principal, and ________________________________________, a corporation, as surety, are hereby jointly and severally bound to pay to the County of Riverside the sum of ________________________________________ Dollars ($____________________). The condition of this obligation is that, whereas the subdivider, as a condition of the filing of the final map of (Tract/Parcel Map) ________________________________________, entered into an agreement with the County of Riverside to set Survey Monuments and Tie Points in said tract and furnish Tie Notes therefore and to pay the engineer or surveyor performing the work, in full, within 30 days after completion. NOW, THEREFORE, if the subdivider shall well and truly perform said agreement during the original tern thereof, or of any extension of said term that may be granted by the County of Riverside, with or without notice to the surety, then this obligation shall become null and void; otherwise, it shall remain in full force and effect. As a part of the obligation secured hereby and in addition to the face amount specified therefore, there shall be included costs and reasonable expenses and fees, including reasonable attorney's fees, incurred by the County in successfully enforcing such obligation, all to be taxed as costs and included in any judgment rendered. The surety hereby stipulates and agrees that no change, extension of time, alteration or addition to the terms of this agreement or to the work to be performed thereunder or the specifications accompanying the same shall in anywise affect its obligation on this bond, and it does hereby waive notice of any such change, extension of time, alteration or addition. Surety further stipulates and agrees that the provisions of Section 2845 of the Civil Code and commencement of construction are not conditions precedent to surety's obligations hereunder and are hereby waived by surety. IN WITNESS WHEREOF, this instrument has been duly executed by the principal and surety above named, on ________________________________________.
NAME OF PRINCIPAL |
________________________________________
________________________________________ |
AUTHORIZED SIGNATURE(S): By: |
______________________________
______________________________
______________________________ |
______________________________
Title
______________________________
Title
______________________________
Title
(If Corporation, Affix Seal) |
NAME OF SURETY: |
________________________________________ |
AUTHORIZED SIGNATURE: |
______________________________
Its Attorney-in-Fact |
______________________________
Title
(If Corporation, Affix Seal) |
Attach Notarial Acknowledgment Of Signatures Of Principal And Attorney-In-Fact. |
