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PERFORMANCE BOND Travelers Casualty and Surety Company of America <br />Annuai Form Hartford, CT 06183 <br />Bond No. 106185890 <br />KNOW ALL BY THESE PRESENTS, That we Dailv Record , as Principal, <br />and Trawlers CASUAliVAlid SILITCY C ninany of fieri a , of Connecticut authorized to do business in the <br />State of Washington , as Surety, are held and firmly bound unto Klttlias County, Washington <br />as Obligee, in the maximum penal sum of Ten Thousand and Noi100 --------------------------------------------------------------------------------- <br />Dollars ( 5t11,01)0.00------------ ), lawful money of the United States of America, for which payment well and truly to be made <br />we bind ourselves, our heirs, executors and assigns, jointly and severally, firmly by this Bond. <br />WHEREAS, the Principal has entered, or is about to enter, into a written agreement with the Obligee to perform in <br />accordance with the terms and conditions of the Official Countv Newspaper. Resolution No. 2018-061 <br />, (hereinafter <br />referred to as the Contract), said Contract is hereby referred to and made a part hereof; <br />NOW, THEREFORE, the condition of this obligation is such that if the above named Principal, its successors and assigns, <br />shall well and truly perform its obligations as set forth in the above mentioned Contract, then this Bond shall be void; <br />otherwise to remain in full force and effect pursuant to its terms. <br />Notwithstanding anything to the contrary in the Contract, the Bond is subject to the following express conditions: <br />1 Whereas, the Obligee has agreed to accept this Bond, this Bond shall be effective for the definite period of <br />July 1, 2018 to June 30, 2019 . The Bond may be extended, at the sole option of the Surety, <br />by continuation certificate for additional periods from the expiry date hereof. However, neither: (a) the Surety's <br />decision not to issue a continuation certificate, nor (b) the failure or inability of the Principal to file a replacement bond <br />or other security in the event the Surety exercises its right to not renew this Bond, shall itself constitute a loss to the <br />Obligee recoverable under this Bond or any extension thereof. <br />2. The above referenced Contract has a term ending June30 2019 . Regardless of the number of years this <br />Bond is in force or the number of continuation certificates issued, this Bond shall not be extended beyond <br />June 30, 2019 , unless earlier nonrenewed pursuant to paragraph 1 above. <br />3. No claim, action, suit or proceeding, except as hereinafter set forth, shall be had or maintained against the Surety on <br />this instrument unless such claim, action, suit or proceeding is brought or instituted upon the Surety within one year <br />from termination or expiration of the bond term. <br />4. Regardless of the number of years this Bond is in force or the number of continuation certificates issued, the liability of <br />the Surety shall not be cumulative in amounts from period to period and shall in no event exceed the amount set forth <br />above, or as amended by rider. <br />5. Any notice, demand, certification or request for payment, made under this Bond shall be made in writing to the Surety <br />at the address specified below. Any demand or request for payment must be made prior to the expiry date of this <br />Bond. <br />Surety Address: Travelers Casualtv and Suretv Cnmpanv of America <br />One Tower Square <br />Hartford, CT 06183 <br />Attn: Bond Claim <br />6. If any conflict or inconsistency exists between the Surety's obligations or undertakings as described in this Bond and <br />as described in the underlying Contract, then the terms of this Bond shall prevail. <br />SIGNED, SEALED AND DATED this 13th day of April 2018 <br />Daily Re d � <br />Principal <br />T - ers Cas Ity and Surety Company of America <br />By: <br />S -5025d (06-06) Jennifer 1 crs , Attaifiey-in-r—a <br />