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1f <br /> • <br /> t ' <br /> , <br /> WHEREAS, Principal has agreed to construct the improvements at the following <br /> location which is located in the City of Everett, County of Snohomish, State of <br /> Washington, and is described as follows: Broadway Apartments at Everett • <br /> and <br /> WHEREAS, the City is requiring the Principal to provide a bond guaranteeing the <br /> construction of said improvements. <br /> NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH, that if <br /> the said Principal shall construct, or have constructed, on or before the day <br /> of ,20or at such earlier date when requested to do so by the City, the <br /> improvements herein described in accordance with approved plans and in conformance <br /> with City standard specifications, to the satisfaction of the City Engineer, and shall save <br /> the City harmless from any loss, cost or damage by reason of its failure to complete said <br /> improvements,then this obligation shall be null and void; otherwise to remain in full force <br /> and effect. <br /> In the event the City is required to institute litigation to obtain performance pursuant to <br /> this bond, Principal and Surety agree to pay all reasonable attorney's fees and cost which <br /> are incurred by the City. <br /> SIGNED AND SEALED and DELIVERED this 13th day of August ,2018 <br /> American Home Builders, I <br /> cipal <br /> Ti- Hanover Ins e Company <br /> a�cte <br /> ' •-l ey rn ac alley spiritu <br /> 2 <br />