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- OCT. 9.2006 10�34RM PETERSHRGEN INS. �•� P•7 <br /> NOW, 'THEREP'OItE, TIiE CONDITION OF THIS OBLIGATION IB 9UCH, that if the <br /> Prinoipal etid 9urety waixant the porfocmance end guntentee worlm�aaslup and snutesials used by <br /> making repaira, coaecting deficienciee end perfoiming emergeacy mai�teuanee on all <br /> improvements deacribed abova plus ell appurtenent daviaee aseociated thercwith for e peziod of <br /> not lesa thea�ear(s)from lo�z��a' ,Ptincip�l ead$urety eara to save�e City]�armleae <br /> from eny loas, coet or damnge by reeaon of Prinaipal's fellure to make repaire, co:roct <br /> de8ciencies and perform emergonoy mainteneace for tho roquimd pe�iod of timc. Piincipal ead <br /> Sumty further agrea to promptly reimburee the Ciry for emergeaay repe3re end/or meinteneace, <br /> Necessery repeira shall be performed by the Principal oa reoeipt of aevea('� days writtan notice <br /> from the City aenc to the address uoted bolow directiag perform�ce oP euch work, If du <br /> principal ahall fail to makc said repairs,the City may perforai the work end the coat of tho work <br /> ehnll be peid to the City by thc Principnl or 9urety. At the ead of �eare(e) of <br /> msinunance Ly tha Principel, the City ehall inapect the impmvemmt together with all otha <br /> appumnant davices aesooiated therewith aad if this obligatlun haa been estf�5ed to tbe <br /> satiafacdon of tho City Engiaeer, thcn this obligatlon shell be void, otherwise to reauda in full <br /> force end efkct. <br /> In the eveut the City is requued to iaetitutc litigetion to obtain perfom�ance pureunnt to thls <br /> bond, Principal and 9uzety agtee to pay all reesonable attorney`s�ees nnd coet tvhict►qre incutred <br /> by the City. <br /> BIGNED ANb SEALED and DELIVERED tlus27�' d of �tO�` 30 a' <br /> Princip <br /> 2518 Taylor Dr., Everett, WA �36203 <br /> Address <br /> racto ard B�smance Ccn�peny <br /> � <br /> AttomCy Fact Cric Si rkin <br /> a <br /> , ��� ,�� <br />