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Bond shall be construed as a statutory bond and not as a <br />common law bond. <br />14 Upon request by any person or entity appearing to be a <br />potential beneficiary of this Bond, the Contractor shall <br />promptly furnish a copy of this Bond or shall permit a copy <br />to be made. <br />15 DEFINITIONS <br />15.1 Claimant: An individual or entity having a direct <br />contract with the Contractor or with a subcontractor of <br />the Contractor to furnish labor, materials or equip- <br />ment for use in the performance of the Contract. The <br />intent of this Bond shall be to include without limita- <br />tion in the terms "labor, materials or equipment" that <br />part of water, gas, power, light, heat, oil, gasoline, <br />telephone service or rental equipment used in the <br />Construction Contract, architectural and engineering <br />services required for performance of the work of the <br />Contractor and the Contractor's subcontractors, and <br />all other items for which a mechanic's lien may be <br />asserted in the jurisdiction where the labor, materials <br />or equipment were furnished. <br />15.2 Construction Contract: The agreement between <br />the Owner and the Contractor identified on the <br />signature page, including all Contract Documents <br />and changes thereto. <br />15.3 Owner Default: Failure of the Owner, which has <br />neither been remedied nor waived, to pay the <br />Contractor as required by the Construction Contract <br />or to perform and complete or comply with the other <br />terms thereof. <br />MODIFICATIONS TO THIS BOND ARE AS FOLLOWS: * ** SEE RIDER ATTACHED * ** <br />The terms, provisions and conditions'of Section <br />713.23, F.S. or Section 255.05, F.S., whichever <br />statute is applicable, are hereby incorporated <br />by reference, and made a part of this Payment <br />Bond. <br />(Space is provided below for additional signatures of added parties, other than those appearing on the cover page.) <br />CONTRACTOR AS PRINCIPAL SURETY <br />Company: L(Corporateeal) Company: (Corporate Seal) <br />Namin Const ction Co., n SureTec Insuranc ompany <br />#il <br />Signature: Signature: <br />Name and I ehza M. Na President Name an itle: Burton Harris, Attorney -In -Fact & <br />Address: 1915511 N.W. 141st Str e l Bay #9 Address: Fla. Resident Agent No.: A111883 <br />Opa Locka, FL 33054 <br />AIA DOCUMENT A312 PERFORMANCE BOND AND PAYMENT BOND • DECEMBER 1984 ED. •AIA ® A312 -1984 6 <br />THE AMERICAN INSTITUTE OF ARCHITECTS, 1735 NEW YORK AVE., N.W., WASHINGTON, D.C. 20006 <br />THIRD PRINTING • MARCH 1987 <br />