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Home My WebLink About2797 ;i The Surety, in consideration of the payment of the premium, and wbject to the Declaretions r~~ade a pa~t hereof, the Gene~al Ag~eement, Conditions and Limitations and other temns of this 6or~d, agrecs, in accorciance with such of the Insuring /~~eements hereof as are spe~ifically designated by the ~nsert~on of an amou~t of indemniry in the Table of Limits of Liabiliry, to indemnify the Obligee for the use a~d i benefit of the Insured for . INSURING AGREEMENTS ~ Honesty Blanket Bond Coverage ~ 1. Loss wstsined by the Iruured M?ra+~l+ any faudulent. or disF~o~est xt w xn comrr+~ttod bl? s?fe ~~~t u~~ x~ ~ abne or in collusion with others, durinp the Bw~d Pe?wd, t° s'^°"^t not exceedin~ in the appreW Tsble of UmiK of Usbility spplipble to this Inwring /lqreement 1. Honesty Blanket Position Bond Coverage 2. Lou sustained by the Inwred thrapl+ any fnudulent or disl+o~est sct or xts c«wnitted by sny of the ~R+p ~~~t ~ sated n~the Tsb~e of~Umits o li,sb'il~yfapplicableeto N?is~lown'nQ~/4gneme.+t 2~ e~ of wch Employees ~ ~ r Faithful Perfomnance Blanket Bond Coverage 3. Loss caused b the I~sured throu9F+ the failure of a~y of the Employees, xting alone or in collusion with othe~s, to perfomn faithfully his duties or M xcount Properly for slt monies snd propertY received by viirtue of his positia+ w e~r+p~oY~++ent durin9 ti?e Bond Period to an amount not exceedin9 in the aggre9ate the amount stated in the Table of Limits of Liability applitable to this Inwrinp Ayreen+ent 3. Faithful Perfomnance Blankei Position Bond Coverage 1. Loss caused to the Inwred thragh the failurc of any of the Employees, xtin9 alw+e or i~ collusion with othea, to perfom+ ? faithfully his duties or to xcou~t properly iw all mor+ies a~d prope?tY ?eceived by virtue of his positior+ or en+ploYme*+t durin~ ; the Bond Pe?iod, tt+e amount ot i~demnity oo exh of wch Empbyees beirg the amaunt stated in the Table of Limits of liability ~ appliwble to this Inwring /?9neeR+e~t 4. ~ GENERAL AGREEMENT Loss Under Prior Bond If the covenge of a~ Inwring Agreement of this Ba+d is wbstituted for any prior bond carried bY the ~^s~+red or by s^Y P~" ~ ecessor in interest of the Iruured which prior bond is tem~?inated, canceled or allowed to expire as of ti~e time of wch wbstitution, the Surety agrees that uxh Inwrirq Agreernent applies to loss wstai~ed bY, or caused to, the Inwred, as the case may be, pr"wr to } or duri~ the Ba+d Period, provided that sud~ loss is dixovered after the beginning of the Bond Period and prinr to the expintion of thrce years from the cancelation of this Bond as an entirety and that such loss would have bee~ recoverable by the ~nsured or ~h p~~~~ under such prior bond except for the fxt that the time within whith to bting wit, action or protetd~rg of a~ry kind thereunder had expircd, a~d provided furfher: ~ (1) the indemnity afforded by this Generol /?greement shall be a part of and not in additio~ to the amount of covera9e afforded , by the applicable Inw?in~ /~qroement of this Bond; and ~ (2) wch loss woutd have been rnvered under s~x.h Inwring /lyreement had such Inwring Agreement with its agreen+er+ts, ton- ditiw~s a~d limitations as of the time of wth substitution been in force when the atts or defaults wusing wch loss werc ~ conunitted: and- (3) recovery under wch Inwring Agreement on xcount of such loss shall in no ever+t exceed the amount whict~ would have ~ been recoverable under wch lnwring /lgreement in ihe arrwunt 4or which it is written as of the time of wch wbstitution, ; had such Inwring /lgreement been in forte when wch acts or defaults were con+mitted, or the amount whicfi would havt been recovereble under such prior bond had wch Dnor bo"d ~°"t'^ued force unti! the dixovery of wch loss if the latter ; amount be smalkr. . , ~ I THE FOREGOING INSURING AGREEMENTS AND GENERAL AGREEMENT ARE SUBJECT TO THE FOLLOWING CONDITIONS ANU LIMITATIONS: _ DEFINITIONS for other losses under the applitaWe Inwring /lgreement, # Section l. The fallowing terms, as used in this Bond, shall w~YK ~tairKd; provided, however, tt?at the Surety's total F have the ?espective meanings stated in this Settion_ ~~a~~~~Y ~+^~r eath wch Inwring /lgreement for any loss tause'd ~ ••Employee" as used i~ Inwring /lgreements 1 and 2. ~ a^y E~lOy~ ~ in which wch Employee is tonterned or ~ means a person while in the employ of tfie Inwred duri~g ~^~~~~ted is limited fo the applitable amax~t of indernnify # spetified in tfie Table of Limits of Uability. ~ the Bond Period who is not required by taw to give bond ~ conditiened for the faithful perfonnance of his duties and Indemnificat~w+ bY the Surety for any lou ia~der losurin9 who is a member of the staff or person~el of the tnsured /~sreement 2 or 4 shall not reduce the Surety's liability for but does not mean any Treawrer or Tax Collector by what- other losses under the appliuWe Inwring Agreement, +whe*+- ~ eve~ tiNe known. ever wstained; provided, however, the Surety's total liability ••Emptoyee" as used in Inwring /lgreements 3 and 4 under exh wth Insuring Agreement as to each EmPloYee is means a pe~on whi~e in the employ of the Inwred during ~~mited to the applicabfe amount of indemn~ty speci(~ed ~n the the Bond Petiod who is ~t required by law to fumish Table of limifs of Liabifity. an Individual Bond to qualify for office and who is a member Regardless of tfie number of years this Bond sfiall co~tirx~e of the staff or perzonnel of the Inwred but does not mean in force and the number of premiums which shall be paYable any Treawrer or Tax Collector by whatever title knawn. or paid, the limit of the Surety's liability as specified i~ tfie UNIDENTIFIABLE EMPLOYEE Table of Limits of Liability shall not be cumulat~ve from yesr ~ to year or period to period. Section 2. in case a loss is alleged to have been caused to the Inwred th~ou~h xts or defaults by an Employee cov- LIMIT OF l1ABILITY UNDER THIS BOND ~~ed iw~der an applicable Inwrin~ Agreement of this Bond, /~ND ANY PRIOR BOND while wch Inwring /lyreement is in full forte and effett and ` the inwred shall be unable to designate the specific Employee Section 5. With respect to loss ~x~der Inwrin9 /~9?eement causing such loss, the Insured shall nevertheless twve the 1 w 3 caused by any Empbyee or i~ which wch Emp~uYee ~s ber?etit of such Inwrinp Agreement provided that the evidente concen+ed o? implitated or which is chargeable to wch En?- submitted reasonably establishes that the loss was in fxt ployee as prwided in Sectio~ 2 of this Bw+d and witfi respect ~ tsused by wch Employee H+rough such atts or defaults and to loss unde~ Inwrin9 Agreert~ent 2 or 4 taused by anY En?- ~ provided, fu?ther, that ~egardleu of the number of wch Em- ployee or which is char9eable to wch EmpbYee as Prwided pioyees taxerned or implicated in such loss, the aygre9ate $~tion 2 of this Bond and with respect to loss tr+de? smr ~ liability of the Surery fw any wch loss shall not exceed the Inwring Agreement which occu?s partly durirg the Ba+d Period amount stated in Item 4 of the Declaratioru appliqble to wch a~+d partly during the period of other bonds izsued by H+e SuretY i Inwrinp Aflreement. to the Inwred or to a~y predecessor in interat of the tnwrcd ~ ~ EXCLUSION and tem+insted or canceled or allowed to expire and in which the ~ ~ period spetified therein for bringirg wit, stfia+ or Proceed~^9 ~ , X Section 3. This Bond does not cover any bss wstained by, of any kind, or if no such period ~s spec~fied therei~, tha+ within _ or uused to, the Inwred unde~ circumstances whereby and to t~ ~~ribed by the applicable statute of limitstians, has ` the artwunt whith the Obligee or the Inwred wluntanly under- ~t expired at tfie time wch loss N+ereu~der is distwered, ~ takes or is obligated by law to exonerate or irKkmnify any of ~ t~~~ ~;~;~~ty of rhe Surety under this Bond and ur+der wch ~ ~ the Employees against liability incumed by them in the perform- o~r bonds shall not exceed, in the aggre9ate, the amount snce of their duties. ~rreed under the applicable Inw~ng Agreen+a?t of this Bond LIMITS OF U/1BILITY o~ such lou w the amax+t availaWe to the Iruured ~w~der such Section 4. Indemnification by tfie Surety for any toss under other ba+ds, as limited by the terms snd conditions tFkreof, - lnwrinp /19reement 1 or 3 sha11 not red~xe the Surety's liability fa any such {oss if the latter amaint be Isrper. ~ . . • . . . - aooK2~ PacE2 ~ - - - - - - ~ ~ ~ ~ ~ ~ _ w_.__,-_ . _ ~ ~ -