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PAYMENT BOND <br />STATE OF TEXAS <br />COUNTY OF <br />KN01ti' ALL 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 lleld and firmly bound unto <br />(O-ATner), un the penal sum of <br />Dollars ) for the payment whereof, the said Principal and Surety bind <br />themselves, and their heirs, administrators, executors, successors and assigns, jointly <br />arid severally, by these presents: <br />WHEREAS, the Principal has entered into a certain written contract with the Owner, <br />dated day of <br />20 , ta which contract is hereby referred to <br />and made a part hereof as full}J 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 Pru-icipal shall pay all claimants supplying labor and material to him or a <br />subcontractor in the prosecution of the work provided £or in said contract, then, this <br />obligation shall be void; otherwise, to remain 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 Articie to the same extent as if it <br />were copied at length herein. <br />Surety, for value received, stipulates and agrees that no change, extension of time, <br />alteration or addition to the terms of the contract, or to the work performed thereunder, <br />or the plans, specifications, or drawings accornpanying the same, shall in anywise affect <br />its obligation on this bond, and it 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 />SECTION V-S- - 35,6 <br />