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200100645 <br />Bond No. SB0063204 <br />BOND FOR RELEASE OF LIEN ;-0600 1 S 3 Rlec / <br />1. <br />S,(,ww )0 ".n (a„ JJ Go. <br />KNOW ALL MEN BY THESE PRESENTS: That we, Tech Builders, Inc., .l <br />P. 0. Box 317, Fairmont, MN 56031 , as Principal, and <br />CGU Insurance Company f /k /a General Accident Insurance , a corporation <br />Company of Amer ca <br />organized and existing under the laws of the State of Pennsylvania and <br />authorized to transact a surety business in the State of Nebraska as <br />Surety, are held and firmly bound unto Northcott Company and <br />First National Bank of Omaha , as Obligee, <br />in the sum of Eighteen Thousand, Sixty -Five and 74/100 --------------------- <br />Dollars ($ 18,065.74 ), lawful money of the United States of America, for <br />the payment of which, well and truly to be made, we bind ourselves, our heirs, <br />executors and successors, jointly and severally by these presents (should the <br />claim of Shaw Plumbing, Inc. or any part thereof, described <br />below prove to be valid. Surety shall also pay all necessary sums which <br />Obligee may incur in resisting and defending such claim). <br />THE CONDITION OF THE ABOVE OBLIGATION IS SUCH THAT, WHEREAS, <br />Northcott Company is the Owner of <br />Lots 1 and 2, Martin s Subdivision, Grand Island, NE and <br />WHEREAS, the above described property is subject to the Claim of Lien filed <br />in Hall County, Nebraska District Court, whereby <br />Shaw Plumbing, Inc. claims a lien against said property <br />of Eighteen Thousand, Sixty -Five and 74/100 ---------- - - - - -- ($18,065.74 - -) <br />WHEREAS, the correctness or validity of said claim is disputed this <br />bond is executed to indemnify said Obligee against loss resulting from said <br />lien. <br />NOW, THEREFORE, if the said Principal shall pay, or cause to be paid, <br />any and all sums which said claimant may recover on said claim, together with <br />his costs of suit in the action, then this obligation shall be void. Other- <br />wise this obligation is to remain in full force and effect. <br />IN WITNESS WHEREOF, we have hereunto set our hands and seals this <br />6th day., of July, 2000 <br />NO SEAL. <br />TECH BUILDERS, INC. <br />Prin pal <br />B <br />CGU I NCE COMPANY <br />e <br />ack Cedarleaf II t ney -in -fact <br />