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2 <br />PUBLIC OFFICIAL. BOND Travelers casualty and Surety Company of America <br />(Definite Term) One Tower Square 31313, Hartford, CT 06183 <br />Bond No. 25044372 <br />KNOW ALL MEN BY THESE PRESENTS, That we Albert L. Pendergrass <br />of 400 Severin Street, Chapel hill, Forth Carolina as Principal, an-, <br />Travelers Casualty and Surety Company of America, a corporation duly incorporated under the laws of the Sta e of <br />Connecticut, as Surety, are held and firmly bound unto Orange County, Hillsborough, North Carolina as <br />Obligee, in the penal sum of 'Twenty five thousand. <br />{5 25,006-00 ) Dollars, lawful money of the United States of America, for the payment of which <br />well and truly to be made, said Principal binds himself /herself, his/her heirs, executors, administrators and assigns, and <br />said Surety binds itself, its successors and assigns, jointly and severally, firmly by these presents. <br />WHEREAS, the said Principal has been elected to the office of Sherif f <br />for a definite term beginning Deceinbe — 7-7006 and ending Dec,ernl2er J. ;Z010 <br />required to furnish a bond for the faithful performance of the duties of the said office or position. <br />and is <br />NOW, THEREFORE: THE CONDITION OF THIS OBLIGATION is such that if the above bounden Principal shall /except <br />as hereinafter provided) faithfully perform the duties of his/her said office or position during the said term, and shall pay <br />over to the persons authorized by law to receive the same all moneys that may come into his /her hands during the said <br />term without fraud or delay, and at the expiration of said term, or in case of his/her resignation or removal from office, shall <br />turn over to his/her successor all records and property which have come into his/her hands, then this obligation to be null <br />and void; otherwise to remain in full force and effect. <br />PROVIDED, HOWEVER, that the above named Surety shall not be liable hereunder for any loss of any public fund <br />resulting from the insolvency of any bank or banks in which said funds are deposited; and, if this provision shall be held <br />void, this entire bond shall be void. <br />AND PROVIDED FURTHER, that the Surety may cancel bond at any time during the said term by giving to the obligee a <br />written notice of its desire so to cancel and at the expiration of thirty (30) days from the receipt of such notice by the <br />obligee the surety shall be completely released as to all liability thereafter accruing. If this provision shall be held void, this <br />entire bond shall be void. <br />SEALED and dated this 29th day of November, 2006 <br />By: <br />P(tr! 0 <br />Witness <br />X <br />5 -2232 (08.98) <br />Principal <br />Travelers Casualty and Surety Company of America <br />By: .......... a,1:11rML Attorney -in -Fact <br />