Performance Bond • S
THE AMERICAN INSTITUTE OF ARCHITECTS
AIA Document A311
Performance Bond
KNOW ALL MEN BY THESE PRESENTS: that E.V.F., Inc. of 7555 Garden Road,
(Here insert full name and address or legal title of Contractor)
Riviera Beach, Florida 33404
as Principal, hereinafter called Contractor, and, American Home Assurance Company, a New York
(Here insert full name and address or legal title of Surety)
corporation with an office and place of business at 70 Pine Street, New York,
New York 10270.
as Surety, hereinafter called Surety, are held and firmly bound unto County of Monroe of
(Here insert full name and address or legal title of Owner)
500 Whitehead Street, Key West, Florida 33040
as Obligee, hereinafter called Owner, in the amount of Twenty Seven Thousand Nine Hundred
and Eighty and 00 /100 Dollars ($ 27, 980.00 ),
for the payment whereof Contractor and Surety bind themselves, their heirs, executors, administrators,
successors and assigns, jointly and severally, firmly by these presents.
WHEREAS,
Contractor has by written agreement dated July 30, 19 85, entered into a contract with Owner for
(Here insert full name, address and description of project) One 1986 Ford E350 & Remount,
in accordance with Drawings and Specifications prepared by
(Here insert full name and address or legal title of Architect)
which contract is by reference made a part hereof, and is hereinafter referred to as the Contract.
AIA DOCUMENT A311 • PERFORMANCE BOND AND LABOR AND MATERIAL PAYMENT BOND • AIA ®
FEBRUARY 1970 ED. • THE AMERICAN INSTITUTE OF ARCHITECTS, 1735 N.Y. AVE., N.W., WASHINGTON, D. C. 20006 1
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PERFORMANCE BOND
NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION is such that, if Contractor shall promptly and faithfully perform
said Contract, then this obligation shall be null and void; otherwise it shall remain in full force and effect.
The Surety hereby waives notice of any alteration or defaults under the contract or contracts of completion
extension of time made by the Owner. arranged under this paragraph) sufficient funds to pay the
Whenever Contractor shall be, and declared by Owner cost of completion less the balance of the contract price;
to be in default under the Contract, the Owner having but not exceeding, including other costs and damages
performed Owner's obligations thereunder, the Surety for which the Surety may be liable hereunder, the amount
may promptly remedy the default, or shall promptly set forth in the first paragraph hereof. The term "balance
1) Complete the Contract in accordance with its terms mean contract
the total pa
yable by y Owner amount in this paragraphOwner to C o C, ontractor
ctor
and conditions, or
under the Contract and any amendments thereto, less
2) Obtain a bid or bids for completing the Contract in the amount properly paid by Owner to Contractor.
accordance with its terms and conditions, and upon de- Any suit under this bond must be instituted before
termination by Surety of the lowest responsible bidder, the expiration of two (2) years from the date on which
or, if the Owner elects, upon determination by the final payment under the Contract falls due.
Owner and the Surety jointly of the lowest responsible No right of action shall accrue on this bond to or for
bidder, arrange for a contract between such bidder and the use of any person or corporation other than the
Owner, and make available as Work progresses (even Owner named herein or the heirs, executors, adminis-
though there should be a default or a succession of trators or successors of the Owner.
Signed and sealed this 23rd day of October 19 85
E.V.F., Inc.
RO / // / / / (Principal) (Seal)
444000 (Attest)
B y : i d/ 12 L Ernst R. Temme (T e) Presid
American Home Assurance Company
- (Surety) (seal) ie.
Countersigned: (w `n ") C
By : //.613.- yi�a h„p �' = jn,
Harry B. Resident Agent Vir ini Bond No. (,Title) ttorney -In -Fa t
State of Florida Bd No. 05 -75 -33
AIA DOCUMENT A311 • PERFORMANCE BOND AND LABOR AND MATERIAL PAYMENT BOND • AIA
FEBRUARY 1970 ED. • THE AMERICAN INSTITUTE OF ARCHITECTS, 1735 N.Y. AVE., N.W., WASHINGTON, D. C. 20006 2
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INDIVIDUAL ACKNOWLEDGMENT
STATE OP )
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• COUNTY OF )ss:
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O w this day of • • in the year 19
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before me personally came
ms kaolin and known to me to be the person described in and who executed the fore.
going instrument, and he acknowledged to me that he ex.cuted'tbe same.
Notary Public
PARTNERSHIP ACKNOWLEDGMENT
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STATE OF )
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COUNTY OF . )se:
On this dry of
before am person ew
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in the year 19
partnership of • member of the
know„ and known to me to
be the person described in an .ho e xecuted the fore t i
knawiedged to me that he executed the same as r he ict end o he e s
copartnership. and for ths.act deed of the said
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ary c
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CORPORATION ACKNOWLEDGMENT
• STATE OF Florida )
cam OF Palm Beach /as:
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Oo this 31st day of October
before we perso ca met R. Teumte to year 19 85
to
as known. who, being by me duly sworn, did de e
7555 Garden Road Riviera Beach, Florida and ear that he resides t
; that he is the President
of the E.V.F. Inc.
the corporation described in a ecut which ex d th tore t
atruwent;; Cato he knows the corporate seal of the said corporation; that the ta seal affixed to the said instrument is such corporate seal; and that it was so affixed
by order of the Board of Directors of the said corporation, and that he signed his
name thereto by like order.
.Lary Public
PUBLIC, STATE OF FLORIDA AT LARGE
COQ I SION EXPIRES AUG. 5, 1986
Acknowled.atnt of Principal RED Tt+ao�x3H M1,ROeK1 -ACHTC NC
5 569 11.47 Printed in U.S.A.
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State of New York
i es.
County of New York
it On this 23rd day of October
18 before me personally came
i Virginia M. Lovett
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to me known, who, being by me duly sworn, did depose and say that
1 iS he Is an attorney-in-fact of AMERICAN HOME ASSURANCE COMPANY
the corporation described in and which executed the within instrument; that he knows the
that the seal affixed to the within instrument is such seal of said corporation;
seal as Attomey- in•Fact by authority of the Board of Directors of seal,
corporation n the said d by authority of and affixed the said
Standing Resolutions thereof. a any of this office under the EDWARD G. ARMITAGE, 1R.
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Notary Public, State of New York
My commission expires ^ 1,-, so -5� o's "5
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Quo'if'od 'w ∎Af } + rs.,,,itY 4 alb �.� `v�� ice/
8.22 (32.45) Commission Expires March 30, 1986 Pu • (� 1
American rtome Assurance t.ompany
National Union Fire Insurance Company of Pittsburgh, Pa POWER OF ATTORNEY
Principal Bond Office: 70 Plne Street, New York, N.Y. 10270 •
No. nl —R —(17952
KNOW ALL MEN BY THESE PRESENTS:
That American Home Assurance Company, a New York corporation, and National Union Fire Insurance Company of Pittsburgh. Pa,
a Pennsylvania corporation, does each hereby appoint
- -- Edward G. Armitage, James C. Armitage, Arthur R. Hoch, Virginia M. Lovett,.
William C. Mahlan, H.D. Schmedes: of New York, New York-- -
its true and lawful Attorney(s) -in -Fact, with full authority to execute on its behalf bonds, undertakings, recognizances and other
contracts of indemnity and writings obligatory in the nature thereof, issued in the course of its business , and to bind the respective
company thereby. .
IN WITNESS WHEREOF, American Home Assurance Company and National Union Fire Insurance Company of Pittsburgh, Pa.
have each executed these.presents
s o* u ' t t+e� � ‘ °r rI + i�
this 13 day of April , 1932.
/V lia,.. v.: 4 ii l'a •
o %R' ** •4 """`` ` M dward .1� Fr enc , Vi --- ccee „ resident
STATE OF NEW YORK t
COUNTY OF NEW YORK ( ss ' � H• Po��, � � ,. /- ,
On this 13 day of April ,19 82 . o r' No ta� r re �u . _ L
before me came the above named officer of American Home )OSEPN H. POLlCEl1JC
Assurance Company and National Union Fire Insurance Company P ) Y IVOta � `2te o f New Yost of Pittsb Pa., to me personally known to be the individual and BLIC
9 p No. r
officer described herein, and acknowledged that he executed the �F •vy•+ flu ?lifief is n Kings County
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foregoing instrument and affixed the seals of said corporations F NE
' Certificate filed in New York Courtly
thereto by authority of his office. Corrrr;ssion Exoires Mardi 3Q,19Rf
CERTIFICATE
Excerpts of Resolutions adopted by the Boards of Directors of American Home Assurance Company and National Union Fire
Insurance Company of Pittsburgh, Pa. on May 18, 1976:
' "RESOLVED, that the Chairman of the Board, the President, or any Vice President be, and hereby is authorized to appoint Attorneys -in -Fact to
represent and act for and on behalf of the Company to execute bonds. undertakings, recognizances and other contracts of indemnity and writings
. obligatory in the nature thereof, and to attach thereto the corporate seal of the Company, in the transaction of its surety business;
"RESOLVED, that the signatures and attestations of such officers and the seal of the Company may be affixed to any such Power of Attorney or to
any certificate relating thereto by facsimile, and any such Power of Attorney or certificate bearing such facsimile signatures or facsimile seal shall be
valid and binding upon the Company when so affixed with respect to any bond, undertaking, recognizance or other contract of indemnity or writing
obligatory in the nature thereof;
. "RESOLVED, that any such Attorney -in -Fact delivering a secretarial certification that the foregoing resolutions still be in effect may insert in such
certification the date thereof, said date to be not later than the date of delivery thereof by such Attorney-in-Fact."
I, Marion E. Fajen, Secretary of American Home Assurance Company and of National Union Fire Insurance Company of
Pittsburgh, Pa. do hereby certify that the foregoing excerpts of Resolutions adopted by the Boards of Directors of these corpora-
tions, and the Powers of Attorney issued pursuant thereto, are true and correct, and that both the Resolutions and the Powers of
Attorney are in full force and effect.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed the facsimile seal of each corporation
this 23rd day of Octobe . 19 85
• 0 4 "441; � 4 a nergJ
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ns. fi l � 41 >tnce *
Marion E. Fajen, Secretary
Am encon Home Assurance Company ; Pa
E,<acutiva Qllicet
70 Pine Street, New York, N.Y. 10270
irf$ Worldwide
Bonding
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FINANCIAL STATEMENT
as of DECEMBER 31, 1984
ASSETS LIABILITIES
Bonds
$ 371,081,727 Reserve for Losses and Loss Expenses $ 693,011,156 ,
Stocks 216,933,363 Reserve for Unearned Premiums 171,175,999
Collateral Loans - 0 Reserve for Expenses. Taxes, 9,917,860
15,662,381 Licenses and Fees
Cash and Bank Deposits Reserve for Unauthorized Reinsurance 36,543,074
Agents Balances or Uncollected Premiums 212.602.232 Funds Held Under Reinsurance Treaties 108,610,835
Funds Held by Ceding Reinsurers 111,375,584 Other Liabilities 32,256,450
Reinsurance Recoverable on Loss Payments " 0 - .
Capital Stock 4,237,635
Company's Interest in Assets of AIUA and 72.989.988
AIUOA 58,137,015 Surplus 181,667,579
Other Admitted Assets 178.638.298 TOTAL POLICYHOLDERS'
SURPLUS 185,905,214
TOTAL LIABILITIES AND
TOTAL ASSETS $1,237,420,588 POLICYHOLDERS' SURPLUS $1,237,420,588
Bonds and stocks are valued in accordance with the basis adopted
by the National Association of Insurance Commissioners.
Securities carried at $117,564,983 in the above Statement are deposited as required by law.
CERTIFICATE
MARION E. FAJEN, Secretary and THEODORE F. HELLER, Comptroller of the American Home
Assurance Company being duly sworn each for himself disposes and says that they are the above described
officers of the said Company and that on the 31st day of December 31, 1984 the Company was actually
possessed of the assets set forth in the foregoing statement and that such assets were available for the
payment of losses and claims and held for the protection of its policyholders and creditors, except as herein
before indicated, and that the foregoing statement is a correct exhibit of such assets and liabilities of the said
company on the 31st day of December, 1984 according to the best of their information, knowledge and belief,
respectively.
if '1"4.r.
t A4-‘;+) 6 / - j f,,_-7---_ .
..Nrns O. 5k-it -
Secretary Comptroller
ST O NW YORK .
OOATE UNT F Y O E
F NEW YORK SS: o r e, • Co p t. C'% te�� � C1
On this 30 day of April • 19 85 ! L
. before me came the above named officers of American Hoe
�/ NOTARY To
Assurance Company. to me personally known to be the individuals ,
-r7tr- LOURDES!. (;ONTRERAS
and officers described herein, and acknowledged that they executed . � � Publ No. . COW 67 New York
the foregoing instrument and affixed the seal of said corporation S. P* QWIr1ie0 m Ouesns County
thereto by authority of their office. OF 8t. Cert. hleo in New York Cour:r
Commsss'on Exp.ras Marcn 30. t77
31078 (5/851 I.: