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THE AMERICAN INSTITUTE OF ARCHITECTS <br /> <br /> AIA Document A$71 <br /> <br /> Labor and Material Payment BOnd <br /> <br /> KNOW ALL MEN BY THESE PRESENTS: that <br /> <br /> as Principal, hereinafter called Principal, and, <br /> <br /> Surety, hereinafter called Surety, are held and firmly bound unto <br /> <br /> as Obligee, hereinafter called Owner, for the use and benefit o( claimants as hereinbelow defined, in the <br /> amount of <br /> <br /> for the payment whereof Principal and Surety bind themselves, their heirs, executors, administrators, <br /> successors and assigns, jointly and severally, firmly by these presents. <br /> <br />WHEREAS, <br />Principal has by written agreement dated 19 , entered into a contract with Owner for <br /> <br />in accordance with Drawings and Specifications prepared by <br /> <br />which contract is by reference made a part hereof, and is hereinafter referred to as the Contract. <br /> <br /> <br />