FE-LC-DIFI_Surety_Bond-20200918
this (date)
Signature of Princip
al Officer Above
Print or Type Name of Surety Company Agent
Signature of Surety Company Agent Above
Print or Type Name of Principal Officer
Surety Company Name
and is required by the provisions of such statutes to furnish a bond in the sum named above, conditioned as herein set forth:
NOW, therefore, if the Principal shall strictly, honestly and faithfully comply with the provisions of Title, Chapter and Article of the
Arizona Revised Statutes (as checked above), and shall pay all damages suffered by any person injured by the wrongful act, default,
fraud or misrepresentation of the licensee or his employees, or both, growing out of any transaction governed by the provisions of
such statutes, then this obligation shall be void; otherwise to remain in full force and effect.
This bond shall become effective on ____________________________, and shall remain in force until the Surety is released from
liability by the Department of Insurance and Financial Institutions, or until this bond is canceled by the Surety. The Surety may
cancel this bond and be relieved of further liability hereunder by giving thirty days written notice to the Principal and to the
Department of Insurance and Financial Institutions of the State of Arizona.
This bond shall be one continuing obligation, and the liability of the Surety for the aggregate of any and all claims which may arise hereunder shall
in no event exceed the amount of the penalty hereof.
IN WITNESS WHEREOF, the seal and signature of the Principal hereto is affixed, and the corporate seal and the name of the Surety hereto is
affixed and attested by its duly authorized officers.
Appraisal Management Company within the meaning of Title 32, Chapter 36, Article 5, Arizona Revised Statutes
Collection Agency within the meaning of Title 32, Chapter 9, Arizona Revised Statutes
Commercial Mortgage Banker within the meaning of Title 6, Chapter 9, Article 3, Arizona Revised Statutes
Commercial Mortgage Broker within the meaning of Title 6, Chapter 9, Article 1, Arizona Revised Statutes
Debt Management within the meaning of Title 6, Chapter 6, Article 1, Arizona Revised Statutes
Escrow Agent within the meaning of Title 6, Chapter 7, Arizona Revised Statutes
Money Transmitter within the meaning of Title 6, Chapter 12, Article 1, Arizona Revised Statutes
Mortgage Banker within the meaning of Title 6, Chapter 9, Article 2, Arizona Revised Statutes
Mortgage Broker within the meaning of Title 6, Chapter 9, Article 1, Arizona Revised Statutes
Arizona Department of Insurance and Financial Institutions
SURETY BOND FORM
NMLS ID: ________________
BOND NO._____________________
KNOW ALL MEN BY THESE PRESENTS, That we,
_______________________________________________________________________________, as Principal, and
_________________________________________________________________, a Corporation, qualified and authorized to do
business in the State of Arizona as Surety, are held and firmly bound unto the State of Arizona for the use and benefit of any injured
person, in the sum of $___________________, lawful money of the United States of America, to be paid to any person injured by
the wrongful act, default, fraud or misrepresentation of the licensee or his employees and to the State of Arizona for the benefit of
the person injured, for which payment well and truly be made, we bind ourselves, our heirs, executors, administrators, successors
and assigns, jointly and severally, firmly by these presents.
THE CONDITION OF THE ABOVE OBLIGATION IS SUCH THAT:
WHEREAS, the above named Principal has made application to the Department of Insurance and Financial Institutions of the
State of Arizona for license as a/an:
MUST CHECK ONE LICENSE TYPE ONLY
Name of Producer (must be licensed in Arizona)
NPN
100 N. 15th Avenue, Suite 261 Phoenix, AZ 85007
