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'22' <br />ISAIA Document A310TM -2010 <br />CONTRACTOR: <br />SURETY: <br />(Name, legal status and address) <br />(Name, legal status and principal place <br />Indiana Earth, Inc. <br />of business) <br />10343 McKinley Highway <br />North American Specialty Insurance Compo <br />his document has important legal <br />Osceola, IN 46561 <br />650 Elm Street <br />t <br />Manchester, t 03101 <br />consequences. Consultation with <br />OWNER: <br />an attomey is encouraged with <br />(Name, legal status and address) <br />respect to its completion or <br />City of South Bend <br />modification. <br />227 West Jefferson Boulevard <br />Any singular reference to <br />South Bend, IN 46601 <br />Contractor, Surety, Owner or <br />BOND AMOUNT: ***FIVE PERCENT OF AMOUNT BID*** <br />other party shall be considered <br />plural where applicable. <br />PROJECT: <br />ame, location or address, and Project <br />ubail Avenue Streetscape <br />number, if any) <br />The Contractor and Surety are bound to the Owner in the amount set forth above, for the payment of which the <br />Contractor and Surety bind themselves, their heirs, executors, administrators, successors and assigns, jointly and <br />severally, as provided herein. The conditions of this Bond are such that if the Owner accepts the bid of the Contractor <br />within the time specified in the bid documents, or within such time period as may be agreed to by the Owner and <br />Contractor, and the Contractor either (1) enters into a contract with the Owner in accordance with the terms of such <br />bid, and gives such bond or bonds as may be specified in the bidding or Contract Documents, with a surety admitted <br />in the jurisdiction of the Project and otherwise acceptable to the Owner, for the faithful performance of such Contract <br />and for the prompt payment of labor and material furnished in the prosecution thereof, or (2) pays to the Owner the <br />difference, not to exceed the amount of this Bond, between the amount specified in said bid and such larger amount <br />for which the Owner may in good faith contract with another party to perform the work covered by said bid, then this <br />obligation shall be null and void, otherwise to remain in full force and effect. The Surety hereby waives any notice of <br />an agreement between the Owner and Contractor to extend the time in which the Owner may accept the bid. Waiver of <br />notice by the Surety shall not apply to any extension exceeding sixty (60) days in the aggregate beyond the time for <br />acceptance of bids specified in the bid documents, and the Owner and Contractor shall obtain the Surety's consent for <br />an extension beyond sixty (60) days. <br />If this Bond is issued in connection with a subcontractor's bid to a Contractor, the term Contractor in this Bond shall <br />be deemed to be Subcontractor and the term Owner shall be deemed to be Contractor. <br />When this Bond has been furnished to comply with a statutory or other legal requirement in the location of the Project, <br />any provision in this Bond conflicting with said statutory or legal requirement shall be deemed deleted herefrom and <br />provisions conforming to such statutory or other legal requirement shall be deemed incorporated herein. When so <br />furnished, the i 'nt iytmhis nd shall be construed as a statutory bond and not as a common law bond.Signed an ealed thih day of August 2021 n <br />IndianaInc. <br />r7li ' <br />�J v"'� (Pr i T (Seal) <br />(i fitness <br />(Title) <br />ANorth America ecialty Insur Compan <br />lllnd�1,1�9 (Surety) (Seal) <br />(Witness) <br />(Title) ��,.•• , ,,.., <br />Todd Schaaa.Attornev-In-Fact �`�h,OFAMCr <br />.�� <br />Init AIA Document A310TM — 2010. Copyright ®1963, 1970 and 2010 by The American Institute of Architects. All rights reserved. WARNING: a <br />Document is protected by U.S, copyright Law and International Treaties. Unauthorized reproduction or distribution ofthis AIA" Doan r �T <br />any portion of it, may result In severe civil and criminal penalties, and will be prosecuted to the maximum extert possible under tH�Nnw. <br />Purchasers are permitted to reproduce ten (10) copies of this document when completed. To report copyright violations of AIA Contract Dou4dnts,- <br />The American Institute of Architects' legal counsel, copynght@aia.ofg. <br />�,c b� ry <br />