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Fill and Sign the Use Only Surety Bond Individual Form

Fill and Sign the Use Only Surety Bond Individual Form

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Surety Bond Page 1 of 2Prepared by, recording requested by and return to:Name: _________________Company: _________________Address: ______________________City: ________________State: _____ Zip: _________Phone: ________________Fax: _______________----------------------Above this Line for Official Use Only--------------------- SURETY BOND- INDIVIDUAL (N.R.S. § 108.2415) (Assessor’s Parcel Numbers: _________________________________)(Title of court and cause, if action has been commenced: __________________________________)WHEREAS, _______________________________, (name of principal) located at _____________________________________________________________________(address of principal) desires to give a bond for releasing the following described property owned by ___________________________________ (name of owners) from that certain notice of lien in the sum of $____________ , recorded _____________ (month) ______ (day) ______ (year) in the office of the recorder in _________________ (name of county where the property is located): ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________.(Legal Description) (If legal description is provided in metes and bounds, also include the name and mailing address of the person who prepared the legal description. If a document including the same legal description previously has been recorded, include all information necessary to identify and locate the previous recording, but not the name and mailing address of the person who prepared the legal description).NOW, THEREFORE, the undersigned principal and surety do hereby obligate themselves to the lien claimant named in the notice of lien, _________________________________, (name of lien claimant) under the conditions prescribed by NRS 108.2413 to 108.2425, Surety Bond Page 2 of 2inclusive, in the sum of $ _______________ (1 1/2 x lienable amount), from which sum they will pay the lien claimant that amount as a court of competent jurisdiction may adjudge to have been secured by his lien, including the total amount awarded pursuant to NRS 108.237, but the liability of the surety may not exceed the penal sum of the surety bond.IN TESTIMONY WHEREOF, the principal and surety have executed this bond at ________________, Nevada, on the _____ day of the month of _______________ of the year _____________. ____________________ (Signature of Principal)_____________________ Type or Print Name ______________________ SURETY CORPORATION) BY ___________________ (Its Attorney in Fact)_____________________ Type or Print NameState of Nevada } } ss.County of _______________} On _____________ (month) _____ (day) __________, (year), before me, the undersigned, a notary public of this County and State, personally appeared _________________________________ who acknowledged that he or she executed the foregoing instrument as principal for the purposes therein mentioned and also personally appeared ______________________________________ known (or satisfactorily proved) to me to be the attorney in fact of the surety that executed the foregoing instrument, known to me to be the person who executed that instrument on behalf of the surety therein named, and he acknowledged to me that the surety executed the foregoing instrument.________________________________________(Notary Public in and for the County and State)

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