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Leta I 39 o Company BID BOND <br />RIP.O. Box oz 39fi7 Pcariz 11. G1612-39fi7 <br />Phone:(309)692-1000 F=-,(309)663.1610 <br />Bond No. LSM1034606 <br />KNOW ALL MEN BY THESE PRESENTS, <br />That We, <br />of <br />Lowell. <br />as Principal, and aF, ' <br />PnI]g <br />as Surety, an Illinois corporation duly licensed to <br />do business in the State of „ are held and firmly bound unto <br />City 21s2tilh Head as Obligee, in the penal sum of <br />1 %ofToalA <br />for the payment of which the Principal and the Surety bind themselves, their heirs, executors, administrators, successors and <br />assigns, jointly and severally, firmly by these presents. <br />THE CONDITION OF THIS OBLIGATION IS SUCH, That whereas the Principal has submitted, or is about to submit, a <br />proposal or a bid io the Obligee on a contract for <br />NOW, THEREFORE. if the aforesaid principal shall be awarded the contract, the said principal will within the period specified <br />therefore, or if no period be specified, within ten (10) days after the notice of such award enter into a contract and give bond for <br />the faithful performance of the contract, then this obligation shall be aull and void, otherwise the principal and the surety will <br />pay unto the obligee the difference in money between the amount of the bid of said principal and the amount for which the <br />obligee may legally contract with another patty to perform the work if the latter amount be in excess of the former, in no event <br />shall the liability hereunder exceed the penal sum hereof, <br />PROVIDED AND SUBJECT TO THE CONDITION PRECEDENT, that any suits at law or proceedings in equity brought or to <br />be brought against the Surety to recover any claim hereunder must be instituted and service had upon the Surety within ninety <br />(90) days after the acceptance of said bid of the Principal by the Obligee. <br />SIGNED, SEALED AND DATED this 2pd - day of April U12.___... <br />C0039035.5010 <br />