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PERFORMANCE BOND <br /> Bond No.: 60005123 <br /> QuickLoadz Container Delivery System LLC <br /> The City of Everett has awarded to (Principal),a contract for the construction of <br /> the project designated as Quickloadz 40K Super Bed, Purchase Order#SS 20023 ,in Everett,Washington <br /> (Contract),and said Principal is required to furnish a bond for performance of all obligations under the Contract. <br /> The Principal,and Hudson Insurance Company (Surety),a corporation organized under the laws <br /> of the State of Delaware and licensed to do business in the State of Washington as surety and <br /> named in the current list of"Surety Companies Acceptable in Federal Bonds"as published in the Federal Register <br /> by the Audit Staff Bureau of Accounts,U.S.Treasury Dept.,are jointly and severally held and firmly bound to the <br /> City of Everett in the sum of eighty thousand US Dollars($87,300.00)Total Contract Amount,subject to the <br /> provisions herein. <br /> This statutory performance bond shall become null and void,if and when the Principal,its heirs,executors, <br /> administrators,successors,or assigns shall well and faithfully perform all of the Principal's obligations under the <br /> Contract and fulfill all the terms and conditions of all duly authorized modifications,additions,and changes to said <br /> Contract that may hereafter be made,at the time and in the manner therein specified;and if such performance <br /> obligations have not been fulfilled,this bond shall remain in full force and effect. <br /> The Surety for value received agrees that no change,extension of time,alteration or addition to the terms of the <br /> Contract,the specifications accompanying the Contract,or to the work to be performed under the Contract shall in <br /> any way affect its obligation on this bond,and waives notice of any change,extension of time,alteration or <br /> addition to the terms of the Contract or the work performed.The Surety agrees that modifications and changes to <br /> the terms and conditions of the Contract that increase the total amount to be paid the Principal shall automatically <br /> increase the obligation of the Surety on this bond and notice to Surety is not required for such increased <br /> obligation. <br /> This bond may be executed in two(2)original counterparts,and shall be signed by the parties'duly authorized <br /> officers.This bond will only be accepted if it is accompanied by a fully executed and original power of attorney for <br /> the officer executing on behalf of the surety. <br /> PRINCIPAL SURETY <br /> 'l <br /> id GPrinted Name: Sean JOneS Printed Name: Dav onsaves (iv:s. SEAL e <br /> Title: CEO Title: Attorney in Fact <br /> 282 <br /> Name,address,and telephone number of local office/agent of Surety is: <br /> Bond Exchange <br /> 11440 Carmel Commons Blvd Ste 207 <br /> Charlotte, NC 28247 <br /> 800-438-1162 <br />