Indemnity Agreement
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About the original agreement
Text from the original blank agreement. Its defendant and amount blanks are not completed here. Please review the original PDF as well.
WHEREAS, Bankers Insurance Company, a Florida Corporation (hereinafter called the SURETY) at the request of the undersigned, and upon the security
hereof, has, or is about to become SURETY on an appearance bond for
in the sum of Dollars by its certain bond or undertaking, a copy of which is attached hereto and made a part hereof:
NOW THEREFORE, in consideration of the premises and the sum of one dollar in hand paid, receipt whereof by each of us is hereby acknowledged, the
undersigned do/does hereby undertake, agree and bind themselves, their representatives, successors and assigns, as follows:
1. That the undersigned will have the aforesaid forthcoming before
the court named in said bond, attached hereto, at the time therein fixed, and from day to day and term to term thereafter, as may be ordered by the said court.
2. That the undersigned will at all times indemnity and save SURETY or its Agent, harmless from and against every and all claims, demands, liability, cost, charge,
counsel fee, expense, suit order, judgment or adjudication whatsoever which the said SURETY or its Agent shall or may for any cause at any time sustain or incur
by reason or in consequence of the said SURETY having executed said bond or undertaking, will upon demand, place the said SURETY or its Agent in funds to
meet every claim, demand, liability, cost, charge, counsel fee, expense, suit order, judgment, or adjudication against it, by reason of such Suretyship, and before it
or its Agent shall be required to pay the same.
3. The condition of said Indemnity Agreement provides that as long as there is any liability or loss of any nature whatsoever to the SURETY upon the bond referred
to herein, the undersigned will not make any transfer, or any attempted transfer of any of the property, real or personal given as security or which the undersigned
may subsequently acquire or any interest therein, and it is further agreed that the SURETY or its Agent shall have a lien upon all property of the undersigned for
any sums due it for which it has become, or may become, liable by reason of its having executed the bond referred to herein.
4. The voucher or any other evidence of any payment made by the said SURETY or its Agent, by reason of such Suretyship, shall be conclusive evidence of such
payment against the undersigned and the undersigned's estate both as to the property thereof and as to the extent of the liability thereof to the said SURETY.
5. That the said SURETY or its Agent, may withdraw from its Suretyship upon said bond or undertaking at any time that it may see fit, as provided by law.
6. That the Agreement shall not be returned by the said SURETY or its Agent, at the time it shall be satisfied of the termination of its liability under said bond or
obligation, but shall be retained.
7. That the failure of any of the undersigned to comply with the provisions of this Indemnity Agreement shall be binding upon the others.
8. If any provision or provisions of this instrument be void or unenforceable under the laws of any place governing its construction or enforcement, this instrument
shall be void and vitiated thereby but shall be construed and endorsed with the same effect as though such provision or provisions were omitted.
9. Indemnitor(s), hereby authorize any person, agency, partnership, or corporation having any information concerning my character and financial reputation to
release such information to Bankers Insurance Company, its assigns and/or duly authorized representatives. I hereby release such person, agency, partnership, or
corporation from liability which may be incurred in releasing this information to Bankers Insurance Company, its assigns and/or duly authorized representatives.
10. I hereby waive any and all rights I may have under Title 28 Privacy Act Freedom of Information Act, Title 6, Fair Credit Reporting Act, and any such local or
State law. I Consent to and authorize Bankers Insurance Company, and/or its Agent, to obtain any and all private or Public information and/or records concerning
me from any party or agency, private or government (local, State, Federal), including, but not limited to, Social Security Records, criminal records, civil records,
driving records, telephone records, medical records, school records, workers' compensation records, employment records. I authorize without reservation, any
party or agency, private or government (local, State, Federal), contacted by Bankers Insurance Company, and/or its Agent, to furnish any and all private and public
information and records in their possession concerning me to Bankers Insurance Company, and/or its Agent.
For good and valuable consideration, the undersigned principal agrees to indemnify and hold harmless the surety company or its agent for all losses not otherwise
prohibited by law or by rules of the Department of Insurance.