THIS BOND ONLY COVERS CLAIMS OF SUBCONTRACTORS, SUBSUBCONTRACTORS, SUPPLIERS, AND LABORERS TO THE EXTENT THE CONTRACTOR HAS BEEN PAID FOR THE LABOR, SERVICES, OR MATERIALS PROVIDED BY SUCH PERSONS. THIS BOND DOES NOT PRECLUDE YOU FROM SERVING A NOTICE TO OWNER OR FILING A CLAIM OF LIEN ON THIS PROJECT. BOND NO. CONDITIONAL PAYMENT BOND as Principal and , as Surety, located at , a surety insurer chartered and existing under the laws of the State of and authorized to do business in the State of Florida, are bound to , ("Owner") in the sum of Dollars ($ ). We bind ourselves, our heirs, personal representatives, successors and assignees, jointly and severally. BY THIS BOND, We, THE CONDITION OF THIS BOND is that if the Principal: 1. Promptly makes payment to all lienors as defined in Section 713.01, Florida Statutes, supplying labor, materials or supplies, as used directly or indirectly by the Principal in the prosecution of the work provided for in the contract dated , between Principal and Owner (the "Contract") for the construction of ; and which is made a part of this Bond; [and 2. Pays the Owner for all loss, damage, expense, costs, and attorneys' fees, including appellate proceedings, that the Owner sustains because of default by the Principal under paragraph 1 of this Bond;] [then this Bond is void; otherwise this Bond remains in full force and effect. BE IT FURTHER KNOWN: 1. Any changes in or under the Contract Documents and compliance or noncompliance with formalities connected with the Contract or with the changes do not affect Surety's obligation under this Bond.] DATED: . (Principal) (SEAL) (Surety's Name) BAR FORM NO. R-7.4 © Florida Lawyers Support Services, Inc. 2008 American LegalNet, Inc. www.FormsWorkflow.com By: _______________________ As Attorney in Fact Witnesses - Not Necessary Acknowledgement - Necessary Comments: 1. 2. 3. See Section 713.245, Florida Statutes. Provisions in brackets and italics are optional and not required by statute. For Unconditional Bond form see Section 713.23, Fla. Stat., and Bond Form No. R-7.18. BAR FORM NO. R-7.4 © Florida Lawyers Support Services, Inc. 2008 American LegalNet, Inc. www.FormsWorkflow.com