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7"RAVEL~RS,~ <br />Travelers Casualty and Surety Company of America <br />PUBLIC OFFICIAL BOND pne Tower Square 3PB, Hartford, CT 06183 <br />(©efinite Ter~mj <br />Bond No. 25044872 <br />KNOW ALL MEN BY THESE PRESENTS, That we Albert L Pendergrass of 400 Severin Street,Cha~el <br />Hill North Carolina 27514 as Principal, and Travelers Casualty and Surety Companv of America, a corporation duly <br />incorporated under the laws of the State of Connecticut, as Surety, are held and firmly bound unto Orange County, <br />Hiiisborou h North Carolina , as Obligee, in the penal sum of'fwenty Five Thousand <br />($25,000) Dollars, {awful money of the United States of America, for the payment of which well and truly to be made, said <br />Principal binds himself/herself, his/Yier heirs, executors, administrators and assigns, and said Surety binds itself, its <br />successors and assigns, jointly and severally, firmly by these presents. <br />WHEREAS, the said Principal has been elected to the office of Sheriff for a definite term beginning December 01, 2010, <br />and ending December 01, 201.4, and is required to furnish a bond for the faithful performance of the duties of the said <br />office or posifian. <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 #erm, and shat! pay <br />over to the persons authorized by law to receive the same all moneys that may came into his/her hands during the said <br />term without fraud or delay, and at the expiration of said term, or in case of hislher resignation ar removal from office, shall <br />tum over to hislher 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 effec#. <br />PROVIDED, HOWEVER, that the above named Surety shall not be liable hereunder for any loss of any public fund <br />resuit'tng from the insolvency of any bank or banks in which said funds are deposited; and, if this provision shall be held <br />void, this en#ire bond shall be void. <br />AND PROVIDED FURTHER, that the Surety may cancel bond a# any time dda s from thetre e~pt o'f'such notce lb ~ e <br />written notice of its desire so #o cancel and at the expiration of thirty (30) y <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 #his ,November 30, 2010 <br />y <br />fitness nncipal <br />By; <br />tt rney-in- a <br />2 <br />S-2232(08-99) <br />