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PERFORMANCE BOND <br />STATE OF TEXAS <br />COUIVTY OF <br />KNOW AL,L MEN BY THESE PRESENTS: That <br />of the City of , County of , and State of <br />as principal, and <br />authorized under the laws of the State of Texas to act as surety on bonds for principals, <br />are held and firmly bound unta <br />(Owner), in the penal sum of <br />Dollars ) for the payment whereof, the said Principal and Surety bind <br />themselves, and their heirs, adrninistrators, executors, successors and assigns, jointlti, <br />and severally, by these presents: <br />WHEREAS, the Principal has entered into a certain written contract with the Owner, <br />dated day of , 20 , to which contract is hereby referred to <br />and made a part hereof as fuliy and to the same extent as if copied at length herein. <br />NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH, that if the <br />said Principal shall faithfully perform said Contract, and shall in all respects duly and <br />faithfully observe and perform all and singular the covenants, condiHons and <br />agreements in and by said contract agreed and covenanted by the Principal to be <br />orserved and performed, and according to the true intent and meaning of said Contract <br />and the Plans and Specifications hereto arunexed, then this obligation shall be void; <br />otherwise, to remaul in full force and effect; <br />PROVIDED, HOWEVER, that this bond is executed pursuant to the provisions of <br />Chapter 2253 of the Texas Government Code and all liabilities on this bond shall be <br />determined in accordance with the provisions of said Article to the same extent as if it <br />were copied at length herein. <br />Sw•ety, for value received, stipulates and agrees that no change, extension of time, <br />alteration or additian to the terms of the contract, or to the work performed thereunder, <br />or the plans, specifications, or drawings accompanying the same, shall in anywise affect <br />its obligation on this bond, and i# does hereby waive notice of any such change, <br />extension of time, alteration or addition to the terms of the contract or to the work to be <br />performed thereunder. <br />_ . 354 <br />SECTION V-3 <br />