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THE CINCINNATI INSURANCE COMPANY
<br />MAINTENANCE BOND
<br />KNOWALL MEN BY THESE PRESENTS, that we
<br />L. L. Gears Construction Co., 1905 Elder Road, Mishawaka, IN 46545
<br />as Principal and THE CINCINNATI INSURANCE COMPANY, 6200 S. Gilmore Road, Fairfield, Ohio 45014-5141, a
<br />corporation organized under the laws of the State of Ohio, with principal office at Cincinnati, Ohio, as Surety, are
<br />held and firmly bound unto
<br />City of South Bend, Indiana, Board of Public Works, 227 W. Jefferson Blvd., South Bend, IN 46601
<br />(hereinafter called the Obligee), in the penal sum of
<br />Six Thousand Four Hundred Eighty Dollars And Sixteen Cents - ($6,480.16)
<br />Dollars, for payment of which, well and truly to be made, we do hereby bind ourselves, our heirs, executors,
<br />administrators, successors and assigns, jointly and severally, firmly by these presents.
<br />DATED this 22nd day of June , 2016
<br />WHEREAS, the said Principal has heretofore entered into a contract with the Obligee above named for
<br />Colfax Avenue and Hill Street, Street Improvements, Project No. 114-018B
<br />and,
<br />WHEREAS, the work called for under said contract has now been completed and accepted by the said Obligee;
<br />NOW, THEREFORE,THE CONDITION OF THIS OBLIGATION IS SUCH, That if said Principal shall, for a period
<br />of (3) year(s) from and after the 18th day of June, 2016 , indemnify the Obligee against any loss or damage
<br />directly arising by reason of any defect in the material or workmanship which may be discovered within the period
<br />aforesaid, then this obligation shall be void; otherwise to be and remain in full force and virtue in law.
<br />PROVIDED, HOWEVER, that in the event of any default on the part of said Principal, written statement of the particular
<br />facts showing such default and the date thereof shall be delivered to the Surety by registered mail, at its Home Office in
<br />the City of Cincinnati, Ohio, promptly and in any event within ten (10) days after the Obligee or his representative shall
<br />learn of such default, and that no claim, suit, or action by reason of any default of the Principal shall be brought here
<br />under after the expiration of thirty days from the end of the maintenance period as herein set forth.
<br />S-2400 (6/08)
<br />L. L. Gears Construction Co.
<br />�Pirr�ipal) (Seal)
<br />(Title)
<br />Rocky R. Geans, President
<br />THE CINCINNATI INSURANCE COMPANY
<br />By
<br />Aticn'.ry-
<br />J. Kevin Hughes, Attorney -in -Fact
<br />
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