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PAYMENT BOND <br />STATE OF TEXAS <br />COUNTY OF <br />KNOW ALL MEN BY THESE PRESENTS: That <br />of the City of <br />County of <br />and State of <br />as principal, and <br />authorized under the laws of Yhe State of Texas to act as surety on bonds #or principals, <br />are held and firmly bound unto <br />(Ovvner), 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, jointl}' <br />and severally, by these presents: <br />wNF.REAS, the Principal has entered into a certain written contract with the Owner, <br />dated day of <br />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 'I`HIa OBand matOer al So 1 m o,~' ~ at if the <br />sai d Principa l s h a l l p a y a l l c l a i m ant s s u p p l y i n g 1 <br />su b contrac tor i n the prosecution of the work provided for 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 exe labilitis t on this bond shall be <br />Chapter 2253 of the Texas Government Code and alI <br />determined in accardance 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 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 contract or to the work to be <br />performed thereunder. <br />SECTION V 5 <br />