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- OCT. 9.2006 10�34RM PETERSHRGEN I�IS. �.� P•7 <br /> NOW, THrREFORE, THE CONDITION OF THI3 OBLIGATION I8 SUCH, tbet if the <br /> Prinoipal and Stuety wazras�t the porformance ead guaranten vwrkmaaslrip ead tnnterinls used by <br /> meldng repairs, wrrecting deficienciee end perForming emetgency msintenance on all <br /> improvements described abova plus sil eppurtenent devicea associnted therevvith for s poriod of <br /> not less 11wn�eet(s)from 1o�2��a' .Pr3ncipal and Surety agree to save the City hamilese <br /> from aqy loas, cost or daLuge by reaeon of Principal'e failure to make repaire, correct <br /> deflciencies and perform emet,;ency maintenance for tha roquired pedod of timc. Principal end <br /> Surety fuither agrea to prompUy reimburee the City for emergency npairs and/or mainunenca <br /> Nccessary repairs shall be performcd by the Principal on receipt of sevezt('n dnys written notice <br /> from the Clty sent to the address noted bolow direcdng performance oY euch work. If the <br /> Principel ahall fstl to mako said repairs,the City may perforni the work and the cost of the work <br /> ahall be paid to the City by thc Principal or Suttty. At the ead of � Yeere(e) of <br /> maint�ance by the Principel, the City sball inapect the improvement togeiher with ail other <br /> appurtenant davices aseociated t6erewith end if this obligatloa hes been e�tte5ed to the <br /> sadafecdon of the City Engiueet, then this obligatlon shall be void, othetwvise to remain in fiill <br /> fome ead effect, <br /> In the event the City ia nquired ta institute litigation to obtain perfom�ance pursuent to this <br /> bond, Pdncipal and Surety agree to pay all reaeonable attomey's fees and cost which nre inoumd <br /> by the City. <br /> 9IGNFD ANb SEALED and DEI.IVERED this 27�' y of �tober 20 06 <br /> L- <br /> Principel <br /> 2518 Taylor Dr., Everett, WA 98203 <br /> Address 1 <br /> ctors t�d' and Inwrance Ccnq�anY <br /> S <br /> Attome Fact Pric Siiiciri <br /> a <br /> , � <br /> � �;,�3 <br />