1126 W CASINO RD 2016-01-01 MF Import

i +I ' NOW, THEREFORE, THE CONDITION OF THIS O�LiCATION (S SUCH� that the Principel nnd Surety warrent the pertormence and Ruerantee workmenshlp end mater(als used by making repalrs, correctfng detfclencles nnd performing emer- Rency maintenence on ell Improvements described ebove plus ell eppurtenent devfces essocieted therewith for e per(od of not less then � yeer(s1 from February l7. 1982Prine(pal end Surety egree to save the Clty hermless from any loss, cost or demage by reeson of Principel's tetlure to meke repa(rs, correct deticiencies end pertorm emergency mefntenance tor the requlred perlod o[ tlme. Principel and Surety further agree to promptly relmburse the City for emergency repairs end/or meintenence. Necessary repelrs shall be per[o�med by the Princ(pal on receipt of seven (7) days written notice [rom the Ctty sent to the eddress noted below direct(ng performance of auch work. I[ the Prtnetpel ahall tell to make said repairs, the Clty may perform the work and the cost ot the work ahall be peld to the City by the Pr(ncipal or Surety. At the end o[°IIe yeer(s) of malntenence by the Pr(nclpal, the City shall Inspect the tmprovements together w(th all other eppurtenant devices associated therewtth end I[ thls obligat(on has been satlsfled � to the satlsfaction ot the City Engineer, then this obligation shell be vold, otherwise to remein tn [ull torce end e[[ect. (n the event the City Is required to Institute litigation to obtaln per[ormence pursuent to this bond, Prfncipal and Surety eRree to pay reasoneble attorney's tees end costs which ere Incurred by the Ctty. SIGNED, SEALED AND DELiVERED this 16th dey of Februerv , 19 82. — +•�--� / y,��XN'`, � / G *TD PRINCIPAL 234 NE 28th Avenue — Address v rt d OR 97232 EMPLOYERS INSURI:NCE OF WAUSAU A Mutuai Com en SURETY � p EY IN FACT Crie Fulmer `..