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Building Contractor Bond - City of Cullman, Alabama

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Building Contractor Bond - City of Cullman, Alabama. This product has multiple versions. Please select one using the Choose a Version box.

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Surety: Merchants Bonding Company

LICENSE AND PERMIT BOND Bond No. KNOW ALL PERSONS BY THESE PRESENTS: That we, , of , State of , as Principal, and , a corporation duly licensed to do business in the State of , as Surety, are held and firmly bound unto , Obligee, in the penal sum of ( ) DOLLARS. THE CONDITION OF THE ABOVE OBLIGATION IS SUCH, that whereas, the Principal has been licensed by the Obligee. NOW THEREFORE, if the Principal shall faithfully perform the duties and in all things comply with the laws and ordinances, including all Amendments, appertaining to the license or permit applied for, then this obligation to be void, otherwise to remain in full force and effect for a period commencing on the day of , , and ending on the day of , , unless renewed by Continuation Certificate. This bond may be terminated at any time by the Surety upon sending notice in writing to the Obligee and to the Principal, in care of the Obligee or at such other address as the Surety deems reasonable, and at the expiration of thirty-five (35) days from the mailing of notice or as soon thereafter as permitted by applicable law, whichever is later, this bond shall ipso facto terminate and the surety shall thereupon be relieved from any liability for any subsequent acts or omissions of the Principal. No right of action shall accrue on this bond to or for the use of any person or corporation other than Obligee named herein. Dated this day of , 20 _____________________________________________________________ Principal Countersigned (if required): _____________________________________________________________ Principal By: ______________________________ By: __________________________________________________________ LP 0206 (7/03)

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