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. WHL•P.EAS, Principal h�s a�reed to conslruct the im�+rovements at the following lo�ttibn which is <br />la•aced in the City oF fiverett, County of Snohomish� Slate of Washington, and is ciwcribecl as <br />1U]IUW�: STREET IMPROVEMENTS, SPOKANE DRIVE <br />; A.f1(� <br />WHLRLAS, the ��iiy is requiring thc Principa! to provlde a bond guaranteeing the constructiun of <br />sai'd imprevcments. <br />•Nt)W, THEREF4I2Ts, T1i8 CONDITION OF'1'HIS OB1,10ATION 1S SUCH, that if the s�icl <br />Principal shall constn�et, or have canstroctecl, on or beforo the �rd day of JanuBry � gc,� � <br />----� , <br />or�;�t such earlier dale whcn roguestecl to do su Gy tiic City, tho improvements hcrcin dcscribcd in <br />acF.ordance witf� approved plans and in conformance wiUi Ciry standard specifications, io thc <br />saiisfactio,i af the C:.ty L•neineei; and sha11 s�ve the City harmless'from any loss, �ost or dama�c b} <br />re:ison �t i�s f8ilure to complele said irnrovcmcnts, then this obli�ation shall be null ancl void; <br />�tlicrwi�c to rcmain in full force and cffcct. <br />In thc cvcnt the City is requircd to instituu litigation to obtain performance pursuant to this bonJ, <br />Yrincipal and Surcty agrcr. tu pay all reasonablc attorney's fees and wsts which are inc�nrcd hy thc <br />City. <br />tiICiN�ll, SLAL):D and DELIVL'Itlill this 3rd day of 7anuary , 1996__. <br />w.leM Uettinh.r7, 1V97 <br />iz <br />EXXEL PACIFIC, INC. <br />BY:i`Jd��� � �tU.i::,1 <br />PRINCIPAL • <br />SAFECO INSURANCE COMPANY OF <br />AMERICA <br />B�$URET � <br />l.C�/1 ZF �' 0/ % �.. <br />DARLENE JAKIEL , <br />ATTORNEY IN �ACI' <br />