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Form #1657

Bail Bond Indemnity Agreement

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This is an Indemnity Agreement for bail bond agencies located in the state of Georgia. This is a bail contract that a cosigner, guarantor or indemnitor would fill out, holding a bail agency harmless for any debts that may arise out of bail agencies' willingness to underwrite a bail bond purposed for the release of a defendant in exchange for a cosigner's or indemnitor's personal guarantee to cover the costs in the event of default.


May be applicable elsewhere, but originally designed for use in DeKalb County, GA.
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Hosea Williams Bail Bonds, Inc.

 
                                            INDEMNITY AGREEMENT

 

THIS AGREEMENT is made by and between the undersigned Indemnitor(s) and Defendant (collectively known hereafter as “Indemnitor” or “Indemnitors”), and HOSEA’S BONDING COMPANY (aka “HOSEA WILLIAMS BAIL BONDS, INC” and hereinafter the “Surety”), whose principal place of business is 3500 Kensington Road, Decatur, Georgia 30032, in the county of Dekalb.  WHEREAS, Surety at the request of the Indemnitor(s) has or is about to become SURETY on an appearance bond for inmate ____________________________________________________________________________ (Hereinafter the “Defendant”) from the ________________________________________  jail in the sum of ___________________________________________________________ Dollars and ____ /100 ($__________________) by its certain bond executed on receipt number(s) _____________________________ (hereinafter the “Bond”),

NOW, THEREFORE, in consideration of the mutual promises and covenants contained herein, the parties jointly and severally agree:

1. That the Indemnitors will have Defendant forthcoming before the Court named on said Bond at the time(s) therein fixed, and at such other times as may be ordered by the Court.

2. That the Indemnitors will at all times indemnify and save the Surety harmless from and against any and all claims, demands, liabilities, recovery fees, costs, charges, counsel fees, expenses, suits, orders, judgments, or adjudications whatsoever which the Surety shall or may for any cause sustain or incur, by reason of Surety having executed said Bond or undertaking, and will, upon demand, place the Surety in funds to meet all such claims, demands, liabilities, costs, charges, counsel fees, expenses, suits, orders, judgments, or adjudications against it, by reason of its Suretyship, and before the Surety shall be required to pay the same.

3. That the obligations contained in Paragraph 2 above shall continue as long as the Surety has any liability or has sustained any loss, upon the bond referred to herein, and the undersigned further agrees not to make any transfer, or any attempted transfer of any of the property, real or personal , in which the undersigned has an interest or in which the undersigned may subsequently acquire any interest, and it is further agreed that the Surety shall have a lien upon all property of the undersigned for any sums due it or for which it has become, or may become, liable by reason of its having executed the Bond referred to herein. It is further agreed that the obligations contained in Paragraph 2 above and the provisions of this paragraph shall be binding upon and apply to any subsidiary, affiliate, parent or related enterprises created or acquired by the undersigned.

4. That the voucher or any other evidence of any payment made by the Surety, by reason of this Suretyship, shall itself, be conclusive evidence of such payment as to the Indemnitors, their estate, and those entitled to share in their estate, and their successors and assigns.

5. That the Surety may withdraw, at any time provided by law, from its Suretyship upon the Bond or undertaking herein, without liability to any party.

6. That Indemnitors’ obligation and indemnities as contained herein shall not terminate upon exoneration of the Bond or undertaking but shall continue until such time that Surety is relieved of all duties, demands, liabilities, obligations, costs or expenses in any way related thereto.

7. That the waiver by Surety of any breach of any term or condition herein shall not be deemed a waiver of same of any subsequent breach of the same term or condition, and that failure of any Indemnitors to comply with the terms and conditions herein shall not act as or be construed as a release or waiver as to the remaining Indemnitors who shall remain liable and bound by all provisions of this Agreement.

8. This Agreement shall be construed and enforced under the laws of the State of Georgia. In the event any of the provisions of this Agreement are inconsistent with the laws of this State, this Agreement, as to these provisions only, shall be null and void, and the remainder shall be enforced with the same effect as though such provisions were omitted.

9. The use of the plural herein shall include the singular. Obligations of the Indemnitors shall be joint and several and the provisions of this Agreement shall be binding upon Indemnitors’ heirs, successors, representatives and assigns.

10. Indemnitors will have Defendant appear at the offices of Surety, immediately upon Defendant’s release from incarceration, to complete paperwork and otherwise perform duties in accordance with conditions of the Bond as determined by Surety.

11. That Indemnitors’ liability to Surety is not limited to the Bond referred to herein, but shall apply to all other bonds or undertakings issued by Surety at the request of the Indemnitors. All obligations of the Indemnitors herein, shall be and are hereby expressly cross-defaulted and cross-collateralized with any and all other Notes, Security Deeds, Indemnity Agreements and with any and all other obligations of the Indemnitors to Surety, whether now existing or arising in the future (collectively referred to herein as the ("Indemnitors Obligations"), such that the occurrence of any Event of Default under any of the Indemnitors Obligations shall be a default under all of the Indemnitors Obligations and under all documents and instruments evidencing and/or securing the Indemnitors Obligations. If any such Event of Default occurs, Surety shall be entitled to exercise any and all rights and remedies including, without limitation, take possession of the collective collateral for the Indemnitors Obligations in any order and in any combination as Surety shall desire, it being expressly understood and agreed by each Indemnitor that the collateral securing any part of the Indemnitors Obligations is (and shall become to the extent of the Indemnitors Obligations created in the future) collateral for all such Indemnitors Obligations. Nothing in this Indemnity Agreement shall

limit the rights and remedies of Surety against Indemnitors after the occurrence of an Event of Default under the Notes, Security Deed, or other obligations, applicable to such Indemnitors Obligations.

12. That it is a condition of this Agreement that any sale or change in ownership or possession of any collateral used in association with this or any Bond between Indemnitors and Surety, or any part thereof, without the written consent of Surety, shall, at the option of Surety, constitute a default under the terms of this Agreement.

13. That Indemnitors’ obligations hereunder are unaffected by the existence of a hold or detainer on the Defendant, which may prevent the release of Defendant and result in Defendant’s transfer to another facility. Once Surety has presented the Bond to the applicable jail, Surety is under no obligation to return any funds to Indemnitors in the event of such a hold being placed upon Defendant prior to his release pursuant to this Bond.

14. That should the Bond be cancelled for any reason after the execution of this Agreement, Indemnitors agree to have  an administrative surcharge equal to the lesser of 30% of the Bond fee or $30.00 deducted from fees paid, and the balance due returned within 72 hours of notice of cancellation.  

15. That Indemnitors hereby authorize Surety to verify the validity of all personal, financial, and employment information provided on the  Indemnitor application  or otherwise required in underwriting and qualifying said Bond, and to inquire now or periodically with my employers, financial institutions, and any of the credit reporting bureaus available to Surety. In the event of Indemnitors’ default hereunder, Indemnitors give permission for Surety to periodically access credit reports or other data sources. Prior to and subsequent to the execution of this Agreement, Indemnitors promise to supply any additional information  requested by Surety and acknowledge that Indemnitors shall be in default upon failure to comply with any such requests.

16. That Surety shall have control and jurisdiction over the Defendant during the term for which the Bond is in effect and shall have the right to apprehend, arrest and surrender the Defendant to the proper officials at any time as provided by law.

17. That beginning the first Monday or Tuesday after the date of this contract, and then every other Monday  Tuesday  thereafter, the undersigned understands the Defendant is to check-in via phone by with the Surety on each Monday or Tuesday of each week until the case has closed

18. That the occurrence of any one of the following events, to include but not be limited to the same, shall constitute a breach of Indemnitors’ obligations under this Agreement, and Surety shall have the right to forthwith apprehend, arrest, and surrender Defendant, and neither Defendant nor Indemnitors shall have the right to any refund of premium whatsoever; and any outstanding balances shall still be due and payable in full:

 

(a) If Defendant shall depart the jurisdiction of the court without the written consent of the court and Surety.

(b) If Defendant shall move from one address to another without notifying Surety and the court in writing prior to said move.

(c) If Defendant shall commit any act which shall constitute reasonable evidence of Defendant’s intention to cause a forfeiture of said Bond.

(d) If Defendant is arrested and incarcerated for any offense other than a misdemeanor.

(e) If Defendant or Indemnitors shall make any material false statement in this Application.

(f) If Defendant or Indemnitors shall fail to make any payments as due hereunder.

 

THE PREMIUM ON THIS BOND IS THE FEE FOR BAIL SERVICES & THEREFORE NON-RETURNABLE UNLESS CANCELLED IN ACCORDANCE WITH THE PROVISIONS OF PARAGRAPH 14 OF THIS AGREEMENT

 

 

WITNESS WHEREOF, the parties have executed this Agreement this ___________ day of _________________________________, 20____________

 

 

___________________________________________________________                           X___________________________________________________________

PRINTED NAME OF INDEMNITOR #1                                                                     SIGNATURE OF INDEMNITOR #1

 

 

__________________________________________________________                            X___________________________________________________________

PRINTED NAME OF INDEMNITOR #2                                                                     SIGNATURE OF INDEMNITOR #2

 

 

__________________________________________________________                            X___________________________________________________________

PRINTED NAME OF INDEMNITOR #3                                                                     SIGNATURE OF INDEMNITOR #3

 

 

__________________________________________________________                            X___________________________________________________________

PRINTED NAME OF DEFENDANT                                                                          SIGNATURE OF DEFENDANT

 

 

__________________________________________________________                            X___________________________________________________________

PRINTED NAME OF SURETY AGENT/WITNESS                                                                   SIGNATURE OF SURETY AGENT/WITNESS

 

Contributed by
Torrey Williams
 
Name of Firm Hosea Williams Bail Bonds, Inc.
Principal Office Address 3500 Kensington Rd Decatur, GA 30032
Education / Certifications Professional Bondsmen of the United States; Georgia Association of Professional Bondsmen; Morehouse College; Georgia State University; Alabama State University; Bachelor's of Criminal Justice
Total Forms Contributed 1
Phone 404-222-9999
Website www.hoseawillbond.com
Email
 Founded by civil rights icon, chemist, Georgia State Legislator, Atlanta City Councilman, & DeKalb County Commissioner Rev. Dr. Hosea Williams 1926-2000), since 1997, we have been one of the premiere bail agencies throughout the metro-Atlanta area providing bail bonds throughout the same.

See All Torrey Williams's Forms
 

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Terms Of Use

Submissions to this site, including any legal or business forms, posts, responses to questions or other communications by contributors are not intended as and should not be construed as legal advice. You are strongly encouraged to consult competent legal council before engaging in any action based upon content contained on this site.

These downloadable forms are only for personal use. Retransmission, redistribution, or any other commercial use is prohibited. This includes reposting forms from this site to another site offering free legal or other document forms for download.

Please note that the donator may have included different usage terms regarding this form, and you agree to abide by these terms. It is highly recommended that you have a licensed attorney review any legal documents for which you are searching in order to make sure that your needs are being properly and completely satisfied.

Your use of this site constitutes your acceptance of our terms of use and your agreement to hold this site, its officers, employees and any contributors to this site harmless for any damage you might incur from your use of any submissions contained on this site. If you do not agree to the above terms, please do not proceed.

These forms are provided to assist business owners and others in understanding important points to consider in different transactions. They are offered with the understanding that no legal advice, accounting, or other professional service is being offered by these documents or on this website. Laws vary in the different states. Agreements acceptable in one state may not be enforced the same way under the laws of another state. Also, agreements should relate specifically to the particular facts of each situation. Therefore, it is important to consult legal counsel whenever utilizing these forms. The Forms are not a substitute for legal advice YourFreeLegalForms.com is not engaged in recommending or referring members on the site or making claims about the competence, character or qualifications of its participating members.
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If you found this form useful, you might consider using Torrey Williams's professional services. Torrey Williams can be reached at 404-222-9999, emailed at , or visit his website at www.hoseawillbond.com.



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Keywords: cosigner, indemnitor, bail, bonds, bail bonds, bail contract, bond contract

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