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1 The Contractorand the ;Surety, Jointly and severally, bind themselves, their heirs, executors, administrators, <br />successors and ass igne to the Owner to pay for labor, materials and equipment furnished for use in the performance of <br />the Corro2ruchan Col Itraot, which Is incorporated herein by reference, sub]eotto the following terms, <br />2 If the Contractor promptly makes payment, of all sums due to Claimants, and defends, indemnifies and holds <br />harmless the Cwner from ole ims, demartds, liens or suits by any parson or entity seeking payment for labor, materials or <br />equipment furnished for usa In the performance of the Construction Contract, then the Surety and the Contractor shall <br />hovones obllcpfan anderiNsBond. <br />8 If thcro Ib no Cwnor 0ofowlt <br />shall arise after the Owner has prop <br />claims demands; liens or suits age <br />or <br />Of <br />4 When the Owner has satisfied the conditions In Section 8, the Surety shall promptly and at the Surety's expense <br />defend, indemnify and hold harmless the Owner against a dulytendered claim, demand, Igen or stmt. <br />a The Surety's obligations to a Claimant under'this Bond shall arise after the following: <br />9.1 C`.laimanta, who do nr f haves n rrlr n.t nnntrptnt % ifh fhw t"tnnfrertnr, <br />,1 have furbished a written notice, of non•payrnent to the Contractor, stating with substantial accuracy the <br />amount claimed and the name of the party to whom the materials were or equipment was, furnished or supplied or for <br />whom tho Iabor was dyrio ar parformtd, within ninety 1003 Bayo gftpr having Iqt p,�rormod tabor or tact furniahcd <br />materials or equipment included in the Claim, and <br />.2 have sent'a Claim to the Surety (at theaddress described in Section 13), <br />0 Claimants, who are employed by or have a direct contract with the Contractor,. have sent a Claim to the Surety (at <br />the addressdescribed in Section 13). <br />0 If a notice of non-payment required by Section 6, 1:1 is given by tate Owner to the Contractor, that is sufficient to <br />satisfy a Claimant's obligation to furnish a written notice of non-payment under Section 0.1.1, <br />I When a Claimant has satisfied the conditions of Sections 51 or 5,2, whichever is applicable, the: Surety shall <br />promptly end atthe Surety's expense takethe fbllowing actlonsl <br />7.1 Send an:answer to the Claimant; with a copy to the owner, within sixty (60) days after recaipt of the Claim, stating <br />tho amnAints that Oro undicpotad,and the haaiafbr f�hall✓?nolra any mmni ntq that arc riispi-¢asrl And <br />7.2 Pay or arrangefor: payment of any undisputed amounts.. <br />7.3 <br />or <br />or <br />71 or Section 7.2 shall not be <br />is to a Claim, except as to on <br />—_ – -- z <br />The languaw fn this docwtiont 47.rui'prms to Me brlguge uaadiaAM Document A312V-2611 Fan 15-02-0674 FEOGev, 7-10 <br />