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PERFOIZMANCE BOND <br />STATE OF TEXAS <br />COUNTY OF - <br />KNOW 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 held and firmly bound unto <br />(Owner), in 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 />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 fully and to the same extent as if copied at length herein. <br />NOW, THEREFORE, THE CONDITION OF THIS OBLIGATION IS SUCH, that if tlte <br />said Principal shall faithfully perform said Contract, and shall in all respects duly and <br />#aithfully observe and perform all and singular the covenants, condidons and <br />agreements in and by said contract agxeed and covenanted by the Principal to be <br />observed and performed, and according to the true ixttent and meaning of said Contract <br />anci the Plans and Specificatians hereto anrtexed, then this obligation shall be void; <br />othervvise, to remain in full force and effect; <br />PROVIDED, HOINEVER, 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 Arricle 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 accompanying 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 contxact or to the work tv be <br />performed thereunder. <br />SECTION V 3 <br />