INDEMNITY AGREEMENT/BAIL BOND AGREEMENT
This Agreement, made this ______day of ______, 20 _13___, is made by and between______SS#______DOB:______(hereinafter referred to as “Indemnitor”) with an address of
(Address) ______and Weisband Capital Management LLC, dba Bail Bonds Va (William Weisband, Licensed Bail Bondsman, DCJS # 99-176458, or their assigns, hereinafter referred to as ("Surety or “Property”) with a mailing address of 750 Cropp Road, Fredericksburg, VA 22406. Principal/Defendant is scheduled to appear before the Court on the date specified on the release recognizance and any and all subsequent dates as directed by the Court. Bail has been set in the amount of______(Dollars) $______.For the Benefit of Principle/Bailee______
It is, therefore, agreed that for and in consideration of $______(Dollars), Surety or Property shall execute a bail bond on behalf of the Principal/Defendant, the receipt of which is hereby acknowledged. Phone:______
Email:______
1. The condition of said Indemnity Agreement provides that as long as there is any liability or loss of any nature whatsoever to the Company upon the bond referred to herein, the undersigned will not make any transfer, or any attempted transfer of any of the property, real or personal, given as security or which the undersigned may subsequently acquire or any interest therein, and it is further agreed that the Company shall have a lien upon all property of the undersigned for any sums due it or for which it has become, or may become, liable by reason of its having executed the bond referred to herein.
Guarantee and Indemnification of Property or Surety
As additional consideration for Surety/ Property’s execution of bail bond on behalf of the Bailee / Principal, “Indemnitor” agrees:
· That the bail bond fee is earned, in full, at the time the bail bond is written, and the Indemnitor thereafter has no right to a refund of any part of the bail bond fee. If this Principal violates a condition of his bond, the bonding agent may revoke the bail bond without being required to refund any part of the bail bond fee to any person.
· That the Indemnitor will assure the Principal’s/Bailee’s appearance before the appropriate court, as such appearances are required during the time that the bail bond is in effect.
· That the Indemnitor will at all times indemnify and hold the bonding agent harmless from and against any and all claims, demands, liabilities, charges, recovery fees and costs, bail bond forfeiture, judgments, and reasonable attorney’s fees which the bonding agent may incur by reason of the bail bond provided for this Principal/Bailee.
· That the Indemnitor shall be responsible for the following fixed rate charges in the event the following applicable services are performed or events occur with regard to the defendant pursuant to Section 38.2-1812.2 of the Code of Virginia.
FEE SCHEDULE
Processing Fee $50.00
Show cause issued against bonding company (even if due to court error) - $300.00
Court appearance of bonding agent - $150.00
Substitution of Indemnitor (only if bonding company agrees) - $150.00
Bail piece service on Principle at jail or other place of confinement -- $150.00
Any attorney/court fees resulting from the bond - $100% of Fees
Skip/Pick-up Fees - 20% of bond plus expenses ($300.00) Minimum
Return Check $50.00
ALL Credit Card Transactions - 5% of bonding fee
· That the Indemnitor obligations hereunder shall continue until such time as bonding agent is relieved of all duties, demands, liabilities, obligations, costs or expenses which may be or have been incurred as a result of the executed bail bond.
· Indemnitor hereby waives any and all rights under all State and Federal Personal Privacy Act provisions and expressly authorizes any private business or governmental agency to release to bonding company or any of its agents any relevant information bonding company shall seek to assist bonding company in evaluating Indemnitor financial qualifications or fitness to act as Indemnitor.
· As additional consideration for the above Agreement of the Surety/Property Bail bondsman described above, the undersigned, as Guarantor and Indemnitor, do unconditionally covenant and agree that in the event Property suffers any loss or liability, including but not limited to the amount of bond, reasonable attorney’s and private detective or investigative fees, and any related costs and expenses of any nature whatsoever, by reason of its property on said bail bond, the undersigned do hereby indemnify and hold Surety/Property harmless from all such loss and liability to the full extent thereof. Reasonable attorney’s fees shall be either the sum of $250.00 or 33.3% of the bail bond amount, whichever is greater.
· This agreement, and any and all allied documents related to this agreement, shall be construed and enforced under the Laws of Virginia. Should any part of this agreement be deemed invalid by any court or other tribunal, the remainder of the agreement shall be considered valid and enforceable.
· As an express condition of this agreement, Indemnitor agrees to waive his or her homestead exemption as to any debt incurred herein
· Where necessary to allow for common construction of the language herein, use of the singular shall include the plural and use of the plural shall include the singular.
· A photocopy or other duplicate copy of this agreement shall be treated as an original for purposes of enforceability and all parties agree that they have received a copy of this agreement.
· Principal/Bailee hereby agrees to permit implementation of GPS monitoring via cellular or satellite device utilizing any technological method necessary.
Promissory Note with Power of Attorney to Confess Judgment
FOR VALUE RECEIVED, we the undersigned, promise to pay to the order of William Weisband, Bail Bondsman and/or Weisband Capital Management LLC the sum of ____________$______And we, the makers and endorsers, hereby waive the benefit of our Homestead Exemptions as to this debt, notice of maturity, presentment, demand, protest, and notice of protest, and agree to pay costs, litigation expenses, and thirty-three and one-third percent (33.3%) attorney’s fees for collection. This Note is to insure payment of bail bond forfeiture and non-payment of the total amount of bail bond premium and any and all expenses incurred as a result of non-appearance and/or non-payment of bail bond premium.
This note is payable on demand by the holder.
To the Clerk of any Virginia General District or Circuit Court before whom the undersigned attorney-in-fact may represent this Confession of Judgment Note for confession of judgment in the case of default hereunder: Be it know to you, that the undersigned is/are justly due to William Weisband, Bondsman, or holder, in the sum of the face value amount of this Promissory Note, as to which obligation they hereby waive their Homestead Exemptions and do hereby constitute and appoint any Attorney or Law Firm that William Weisband chooses to appoint to act as our true and lawful attorney-in-fact, with full power and authority hereby given to whomever William Weisband appoints to appear before you in your said office and for them to confess judgment before for therein against them in favor of the payee of this Note, or assigns, for the principal due with interest thereon from the date hereof until paid, Attorney’s fees, litigation expenses, expenses incurred, and court costs will be due upon demand. The pronouns (we/they/them/our) refer to the maker(s), endorser(s), or guarantor(s) of this instrument.
NOTICE: THIS INSTRUMENT CONTAINS A CONFESSION OF JUDGMENT PROVISION WHICH CONSTITUTES A WAIVER OF IMPORTANT RIGHTS YOU MAY HAVE A DEBTOR AND ALLOWS THE CREDITOR TO OBTAIN A JUDGMENT AGAINST YOU WITHOUT FURTHER NOTICE.
IN WITNESS WHEREOF, the undersigned have executed same as a voluntary act and deed this Guarantee and Indemnification Property/Surety Agreement this day and year first written above.
By: X______Applicant/Guarantor/ Indemnitor (Seal)
X______Applicant/Guarantor/ Indemnitor (Seal)