Bond Required. Before a permit to move any building or structure is issued by the Building Inspector, the party applying shall give a bond in the sum of $10,000, and liability insurance with good and sufficient sureties to be approved by the Building Inspector and Board conditioned, among other things, that such party will save and indemnify judgments, costs, and expenses which may in any way accrue against the Village and keep the Village harmless against all liabilities, judgments, costs, and expenses in consequence of granting such permit.