"Title Insurance - Bond Form for Escrow Agents" - Nebraska

Title Insurance - Bond Form for Escrow Agents is a legal document that was released by the Nebraska Department of Insurance - a government authority operating within Nebraska.

Form Details:

  • Released on December 1, 2018;
  • The latest edition currently provided by the Nebraska Department of Insurance;
  • Ready to use and print;
  • Easy to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a fillable version of the form by clicking the link below or browse more documents and templates provided by the Nebraska Department of Insurance.

ADVERTISEMENT
ADVERTISEMENT

Download "Title Insurance - Bond Form for Escrow Agents" - Nebraska

186 times
Rate (4.6 / 5) 9 votes
TITLE INSURANCE
BOND FOR ESCROW AGENTS
NEBRASKA DEPARTMENT OF INSURANCE
KNOW ALL BY THESE PRESENTS THAT we __________________________________________,
as Principal and, ___________________________________________ as Surety, are held and firmly
bound unto the Director of Insurance, State of Nebraska, in the penal sum of one hundred thousand dollars
($100,000.00), lawful money of the United States, to the payment of which we hereby bind ourselves and
our heirs, administrators, successors, and assigns, jointly and severally, firmly by these presents.
WHEREAS, the above named Principal is required under statute §44-19, 109 of the State of Nebraska
to furnish a bond in the sum named above, conditions as set forth.
NOW, THEREFORE, the Principal and any and all agents and employees representing the Principal
shall faithfully conform to and abide by the provisions of the statute §44-19, 109 of the State of Nebraska
and shall honestly and faithfully apply all funds received and shall honestly and faithfully perform all
obligations and undertakings under the statute and shall pay any and all moneys that may become due and
owing to the State or to any such person or persons from the Principal under and by virtue of the provisions
of the statute.
SUBJECT TO THE FOLLOWING CONDITIONS:
1. That any person who sustains an injury covered by this bond may bring an action in his own
name upon this bond for recovery of any damages sustained by him.
2. That the total aggregate liability of the surety or sureties shall be limited to the payment of one
hundred thousand dollars ($100,00.00) per licensed Title agent.
3. It is understood and agreed that the bond shall remain in force until released be the director or
until canceled by the surety.
4. It is further understood and agreed that is the surety shall so elect, this bond may be canceled
giving thirty (30) days notice in writing to the Obligee and Licensee.
NOW THEREFORE, it the Principal shall faithfully observe the provisions as set forth in the above
named statute, then this obligation shall be null and void, otherwise to remain in full force and effect.
IN WITNESS WHEREOF, the Principal and surety have hereunto set their hands and seals this
_____day of __________, 20_____.
___________________________________
Principal Name
___________________________________
Principal Signature
___________________________________
Surety Name
___________________________________
Attorney-In-Fact Signature
12-2018
TITLE INSURANCE
BOND FOR ESCROW AGENTS
NEBRASKA DEPARTMENT OF INSURANCE
KNOW ALL BY THESE PRESENTS THAT we __________________________________________,
as Principal and, ___________________________________________ as Surety, are held and firmly
bound unto the Director of Insurance, State of Nebraska, in the penal sum of one hundred thousand dollars
($100,000.00), lawful money of the United States, to the payment of which we hereby bind ourselves and
our heirs, administrators, successors, and assigns, jointly and severally, firmly by these presents.
WHEREAS, the above named Principal is required under statute §44-19, 109 of the State of Nebraska
to furnish a bond in the sum named above, conditions as set forth.
NOW, THEREFORE, the Principal and any and all agents and employees representing the Principal
shall faithfully conform to and abide by the provisions of the statute §44-19, 109 of the State of Nebraska
and shall honestly and faithfully apply all funds received and shall honestly and faithfully perform all
obligations and undertakings under the statute and shall pay any and all moneys that may become due and
owing to the State or to any such person or persons from the Principal under and by virtue of the provisions
of the statute.
SUBJECT TO THE FOLLOWING CONDITIONS:
1. That any person who sustains an injury covered by this bond may bring an action in his own
name upon this bond for recovery of any damages sustained by him.
2. That the total aggregate liability of the surety or sureties shall be limited to the payment of one
hundred thousand dollars ($100,00.00) per licensed Title agent.
3. It is understood and agreed that the bond shall remain in force until released be the director or
until canceled by the surety.
4. It is further understood and agreed that is the surety shall so elect, this bond may be canceled
giving thirty (30) days notice in writing to the Obligee and Licensee.
NOW THEREFORE, it the Principal shall faithfully observe the provisions as set forth in the above
named statute, then this obligation shall be null and void, otherwise to remain in full force and effect.
IN WITNESS WHEREOF, the Principal and surety have hereunto set their hands and seals this
_____day of __________, 20_____.
___________________________________
Principal Name
___________________________________
Principal Signature
___________________________________
Surety Name
___________________________________
Attorney-In-Fact Signature
12-2018