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PUBLlC C}FFICIAL BOND Travelers Casualty and Surety Company of America <br />(Definite Term) One Tower Square 3PB, Hartford, CT 06183 <br />Bond No. 25044872 <br />KNOW ALL MEN BY THESE PRESENTS, That we Alhert L. Pendergrass <br />of 400 Severin Street, Chapel Hill, North Carolina aS Princtpai, anc <br />Travelers Casualty and Surety Company of America, a corporation duty incorporated under the laws of the State of <br />Connecticut, as Surety, are held and firmlyy bound Unto Orange County, Hillsborough, North Carolina . a5 <br />Obligee, in the penal sum of Twenty. £ive thousan <br />(~ 25,000.00 )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 Sheriff <br />for a definite #erm beginning DecemberT"'Z006 ' ,and ending "~eeerr,ber 1tzo.lo <br />required to furnish a bond far the faithful performance of the duties of the said office or position. <br />and is <br />NOW, THEREFORE THE CONDITION OF THlS 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 shat! 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 ar removal from office; shall <br />turn aver #o his/her successor ail records and property which have come into hislher 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 foss of any public fund <br />resulting from the insolvency of any bank ar 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 band 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 />Witness Princtpal <br />Travelers Casual and Surety Company of America <br />By: <br />Attorney-in-Fact <br />s-z2sz coo-ss> <br />