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emergency repairs and/or maintenance. Necessary repairs shall be performed by the Principal in receipt <br /> of seven (7) days written notice from the City sent to the address noted above directing performance of <br /> such work except in the case of an emergency wherein necessary repairs shall be performed upon <br /> demand by the City. If the Principal shall fail to make said repairs, the City may perform the work and <br /> the cost of work shall be paid to the City by the Principal or Surety. At the end of 1 year(s) of <br /> maintenance by the Principal, the City shall inspect the improvements together with all other <br /> appurtenant devices associated therewith and if this obligation has been satisfied to the satisfaction of <br /> the City Engineer, then this obligation shall be void, otherwise to remain in full force and effect. The <br /> Principal does hereby provide the City of Everett, its officers, employees and agents a license to go onto <br /> the above-described property for the purpose of inspecting, making or maintaining the improvements. <br /> The license shall be valid and irrevocable until written authorization is recorded by the City of Everett <br /> terminating this license. <br /> In the event the City is required to institute litigation to obtain performance pursuant to this bond, <br /> Principal and Surety agree to pay all reasonable attorney's fees and costs which are incurred by the City. <br /> SIGNED, SEALED AND DELIVERED this 13th day of November, 2023. <br /> Bride Pont Everett 500 LLC <br /> (Pri ' ) <br /> Harco National Insurance Company <br /> (Surety) <br /> (Attorney in Fact)Stephanie L. Klea;rna n <br /> Page 2 of 2 <br /> EVERETT Warranty Bond to the City of Everett <br />