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Maintenance Bond <br />That we, <br />Surety O +908.903.3485 <br />202B Halts Mill Road, Pp Box 1650 F + 908.903.3656 <br />Whitehouse Station, NJ 08889-1650 <br />Federal Insurance Company <br />Bond No. M NT 8244-11-48 Amount $551,179.88 <br />Know All Men By These Presents, <br />Walsh & Kelly, Inc, <br />24368 State Road 23 <br />South Bend, IN 46614 <br />(hereinafter called the Principal), as Principal, and the FEDERAL INSURANCE COMPANY, a corporation duly organized <br />under the laws of the State of Indiana, (hereinunder called the Surety), as Surety, are held and firmly bound unto <br />City of South Bend, Board of Public Works <br />227 W. Jefferson Blvd. <br />South Bend, IN 46601 <br />Five Hundred Fifty One Thousand One Hundred Seventy <br />(hereinafter called the Obligee), in the amount of Nine Dollars and 881100 ($551,179.88 }, <br />for the payment of which we, the said Principal and the said Surety, bind ourselves, our heirs, Sealed with our seals <br />and dated this 20th day of March, 2018. <br />WHEREAS, the said Principal has entered into a contract dated January26 2016 <br />for: East Bank Separation, Phase 5, Division B, Project No. 1144-062 <br />And <br />WHEREAS, the said Principal is required to guarantee the East Bank Separation, Phase 5, Division B, Project No. 114-062 <br />installed under said contract, against defects in materials or workmanship, which may develop during the <br />period March 20, 2018 <br />to March 20, 2021 <br />Form 15.02.0075FED (Rev. 5/17) <br />