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Updated 3/2019 <br />CASS COUNTY HIGHWAY DEPARTMENT <br />CONTRACT BOND <br /> <br />Project No. CH2408 <br /> <br />KNOW ALL PERSONS BY THESE PRESENTS, that we Advanced Striping & Sealcoating, 4586 27th St N, Fargo, <br /> <br /> ND 58102 as principal, and <br />NAME AND ADDRESS OF SURETY <br /> <br />as surety, are held and firmly bound unto Cass County, North Dakota, as owner in the penal sum of Seventy Five <br />Thousand, Three Hundred Two Dollars and Zero Cents ($75,302) for the use of the owner and also for the use of <br />any person having any lawful claim against the principal or any subcontractor on account of labor or supplies or <br />materials as set forth in the conditions hereof; for the payment of which well and truly to be made we jointly and <br />severally bind ourselves, and each of our heirs, executors, administrators, and successors, firmly by these presents. <br /> <br />WHEREAS, said principal has entered into a written contract with the owner for: <br /> ; <br />Type of Work: Contract Asphalt Patching <br /> <br />CH2408, in Cass County, North Dakota, which contract and incorporated plans and specifications are by this <br />reference made a part hereof, and are hereinafter referred to as the contract. <br /> <br />NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS THAT if the principal shall: (1) perform all the terms, <br />covenants and conditions of said contract; (2) protect the owner against any loss or damage from any cause arising <br />out of said contract; (3) pay or cause to be paid all bills and claims against the principal or any subcontractor on <br />account of labor or services performed and all materials, equipment or supplies furnished, whether directly or <br />indirectly arising out of the performance of said contract; (4) pay all insurance premiums and all items for which <br />payment under the terms of the contract is to be made or guaranteed by the principal; (5) have made or will make, <br />prior to the commencement of any work by the principal or any subcontractor under such contract, full and true <br />report to the Worker's Compensation Bureau of the payroll expenditures for the employees to be engaged in such <br />work, and that the principal has paid, or will pay, the premium thereon prior to the commencement of such work; <br />(6) pay or cause to be paid all contributions due to the Unemployment Compensation Division; and (7) pay or cause <br />to be paid any and all taxes that may be assessed or levied or to be a charge against such contractor or any <br />subcontractor under such contract by the state or any of its subdivisions; then this obligation shall be null and <br />void; otherwise it will remain in full force and effect. <br /> <br />And the said surety hereby stipulates and agrees that any change, extension, alteration, deduction or addition, <br />with or without notice to the surety, in or to the terms of said contract or the plans or the specifications <br />accompanying the same as provided for therein, shall not in anywise affect the obligation and liability of said surety <br />on this bond. <br />1 of 3 <br />