B Notary Public Course of Study and Examination Provider Surety Bond Form

Section 176.ILLUSTRATION B:   Notary Public Course of Study and Examination Provider Surety Bond Form Know All Persons by These Presents, That We, ___________________, hereinafter referred to in this document as Principal and __________________, a corporation organized and existing to do business in the State of Illinois, for the use and benefit of all persons who may be damaged by breach of this bond, as Obligees, in the penal sum of $50,000, lawful money of the United States of America, for the payment of which sum, well and truly to be made, we bind ourselves, our executors, administrators, successors, and assigns, firmly by these presents.  The condition of this obligation is such that the principal has applied to the Illinois Secretary of State for certification as a provider of a notary course of study and examination provider. If the Principal faithfully complies with the Illinois Notary Act and all rules and regulations that have been or may hereafter be in force concerning the certification and shall save and keep harmless the Obligees from all loss or damage that may be sustained as a result of the issuance of the license or permit to the Principal, this obligation shall be void; otherwise, this obligation shall remain in full force and effect.  The bond will expire but may be continued by a renewal certificate signed by the Principal and Surety.  The Surety may at any time terminate its liability by giving 30 days' written notice to the Index Department, 111 East Monroe, Springfield, Illinois  62756, and the Surety shall not be liable for any default after that 30-day notice period, except for defaults occurring before the notice period. Signed, Sealed and Dated this _____ day of _________________, 20______. Principal ____________________________ Surety_______________________________ By__________________________________(Attorney-in-fact)