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~~ i <br />UI~I~TE® STATES E~~EL~TY ANA Gt~A~ZAI~ITY C®ll~N'AI~IY <br /> <br />(A Stock Company) <br />No.?9~0170-10110-86-1 <br />KNOW ALL MEN BY THESE PRESENTS: <br />That we, ______~__..,__-____ ________-.JERRY BRAMLETT <br />as Principal, and UNITED STATES FIDELITY AND GUARANTY COMPANY, a corporation duly incorporated <br />under the laws of the State of Maryland, as Surety, are held and firmly bound unto ______________________________~_. <br />--LA PORTE AREA WATER AUTHORITY <br />----._._-_.--------------..._._.____._._..-_.___..._.._ _..___-----------.__--------------------------------------------- Obligee, <br />in the sum of $_5 ~0 0 0~0 0 --~-r~ ___ for the payment of which we bind ourselves, our heirs, executors, <br />administrators, successors and assigns, jointly and severally, firmly by these presents. <br />WHEREAS the Principal was appointed to the board of the La Porte Area <br />Water Authority. <br />THE CONDITION OF THIS OBLIGATION IS SUCH. that if the Principal <br />- ----------------------------------~ZY BR~MLETT _______._--------------__-___ shall well and <br />faithfully perform all the duties of his office, then this obligation to be void, otherwise to remain in full <br />force and effect. <br />IT IS UNDERSTOOD AND AGREED, and this bond is given and accepted on the condition that the <br />Surety shall in no way be held liable for any loss, costs, damages or expenses of any kind caused by the <br />failure of any Bank, Institution or Depository of any kind to pay, deliver over or properly account for any <br />money, moneys, papers, securities or property of any kind placed on deposit therein or in its custody by or <br />for said Principal in his capacity as aforesaid or in any other capacity. <br />IT IS FURTHER UNDERSTOOD AND AGREED that the Surety may cancel this bond by giving thirty (30) <br />days notice in writing to the Obligee. Such cancelation shall be effective only as to acts committed by the <br />Principal after the expiration of said thirty (30) day period. The Surety shall, upon surrender of this bond <br />and its release from all liability thereunder, refund the premium paid, less a pro rata part thereof for the <br />time this bond shall have been in force. <br />Signed, sealed and dated ------------------------------.__3l__71_~-~--------------------_..-__~_._-----_-..-------.. <br />9L!9~'~~~~ (SEAL) <br />incipal <br />UNQITED STATES FIDELITY AND GUARANTY COMPANY <br />~1 <br />Sherry Langnau <br />A#~ or~~y~n-Fact <br />PubO 144 (2-88) .. ; a <br />