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NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH, that if the <br />Principal and Surety warrant the performance and guarantee workmanship and materials used by <br />making repairs, correcting deficiencies and performing emergency maintenance on all <br />improvements described above plus all appurtenant devices associated therewith for a period of <br />not less than__2�year(s) from 6/16/2024 , Principal and Surety agree to save the City harmless <br />from any loss, cost or damage by reason of Principal's failure to make repairs, correct <br />deficiencies and perform emergency maintenance for the required period of time. Principal and <br />Surety fiirther agree to promptly reimburse the City for emergency repairs and/or maintenance. <br />Necessary repairs shall be performed by the Principal on receipt of seven (i) days written notice <br />from the City sent to the address noted below directing performance of such work. If the <br />Principal shall fail to make said repairs, the City may perform the work and the cost of the work <br />shall be paid to the City by the Principal or Surety. At the end of 2 years(s) of <br />maintenance by the Principal, the City shall inspect the improvement together with all other <br />appurtenant devices associated therewith and if this obligation has been satisfied to the <br />satisfaction of the City Engineer, then this obligation shall be void, otherwise to remain in full <br />force and effect. <br />In the event the City is required to institute litigation to obtain performance pursuant to this <br />bond, Principal and Surety agree to pay all reasonable attorney's fees and cost which are incurred <br />by the City. <br />SIGNED AND SEALED and DELIVERED this 16thday of June ,20 20 <br />Underwood Gartland 64, LLC <br />Principal <br />P 0- fox 3.5L3 Bellevue, WA 99009-3513 <br />Address <br />Merchants Bonding Company (Mutual) <br />Attorney in Fact Theresa A. Lamb <br />