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PERFORMANCE BOND <br />Bond No.: 100024762 <br />Total Landscape <br />The City of Everett has awarded to Corporation (Principal), a contract for the construction of the project <br />designated as Landscaping and Irrigation Repairs, Project No. 2023-005, in Everett, Washington (Contract), and said Principal is <br />required to fur nish a bond for performance of all obligations under the Contract. <br />The Principal, and Merchants Bonding Company (Mutual) (Surety), a corporation organized under the laws of the State of <br />Iowa and licensed to do business in the State of Washington as surety and named in the current list of "Surety <br />Companies Acceptable in Federal Bonds" as published in the Federal Register by the Audit Staff Bureau of Accounts, U.S. Treasury <br />Dept., are jointly and severally held and firmly bound to the City of Everett in the sum of <br />Fifty Thousand and 00/100 _ US Dollars ($ 50,000.00 ), which is the Required Bond Amount, <br />subject to the provisions herein. <br />This statutory performance bond shall become null and void if and when the Principal, its heirs, executors, administrators, <br />successors, or assigns shall well and faithfully perform all of the Principal's obligations under the Contract and fulfill all the terms and <br />conditions of all duly authorized modifications, additions, and changes to said Contract that may hereafter be made, at the time and <br />in the manner therein specified, and if such performance obligations have not been fulfilled, this bond shall remain in full force and <br />effect. <br />The Surety agrees to indemnify, defend, and protect the City of Everett against any claim of direct or indirect loss resulting from the <br />failure of the Principal, its heirs, executors, administrators, successors, or assigns (or any of the employees, subcontractors, or lower - <br />tier subcontractors of the Principal) to faithfully perform the Contract. <br />The Surety for value received agrees that no change, extension of time, alteration, or addition to the terms of the Contract, the <br />specifications accompanying the Contract, or to the work to be performed under the Contract shall in any way affect its obligation <br />on this bond, and waives notice of any change, extension of time, alteration of addition to the terms of the Contract or the work <br />performed. The Surety agrees that modifications and changes to the terms and conditions of the Contract that increase the total <br />amount to be paid the Principal shall automatically increase the obligation of the Surety on this bond, and notice to Surety is not <br />required for such increased obligation. <br />This bond may be executed in two (2) original counterparts and shall be signed by the parties' duly authorized officers. This bond will <br />only be accepted if it is accompanied by a fully executed and original power of attorney for the officer executing on behalf of the <br />surety. The Surety agrees to be bound by the laws of the state of Washington and subjected to the jurisdiction of the state of <br />Washington. <br />PRINCIPAL Total Landscape Corporation <br />Printed Name: Manila <br />1l <br />Title: <br />STANDARD BOND FORM <br />OFFICE OF THE CITY ATTORNEY <br />APPROVED AS TO FORM • <br />APPROVED AS TO CITY CHARTER § 4.1 <br />SURETY Merchants Bonding Company (Mutual) <br />4/1l7.2O23 <br />Printed Name: Timothy S. Buhite <br />Title: Attorney -in -Fact <br />Local Office/ Agent of Surety: <br />Name: Leavitt Group Northwest <br />Address: PO Box 833, Auburn, WA 98071 <br />Phone Number: (425) 317-3561 <br />Email: timothy-buhiteRleavitt.com <br />