ASSIGNMENT OF SECURITY INTEREST TO HARRIS COUNTY BAIL BOND BOARD
ASSIGNOR, SECURITY AND FINANCIAL INSTITUTION:
Please print,
Assignor’s name (authorized applicant, first and last name): Title(s) of Assignor (e. i. owner, partner, president, secretary, etc.): Assignor’s mailing address (Number and Street or P. O. Box , City, State, ZIP Code): Assignor’s entity name (Name as it is used on application or in Bail Bond Board records): Type of Security:
Social Security or FEN/EIN:
Bail bond license number: ID Number of CD: First Maturity Date: Dollar Amount of Security (in numbers):
Non-Negotiable Certificate of Deposit
Name of account or payee of Security (as it reads on the CD): Dollar Amount of Security (in words): Name of Financial Institution: Mailing address of Financial institution (Number and Street or P. O. Box, City, State, ZIP Code) & telephone number
SECURITY AGREEMENT AND UNDERSTANDING OF THE PARTIES:
In order to obtain a Bail Bond License and/or for the purpose ofof providing security for executingTexasbonds in Harris County,Texas Code of Criminal Procedurepenalties obtain a Bail Bond License and/or for the purpose providing security pursuant to the bail Occupations Code and for any judgments, interest, and In that may accrue or be authorized under the law in the future, the Assignor the behalf above, bail and on the behalf of the bail bond license specified above, assigns the Harris (including all future liability), the Assignor specified above, for and on specified of the for bond license specified above, assigns and sets over irrevocably to and sets County Bail Bond the Harris the State of Texas a security interest in and and to the Security described above. over irrevocably toBoard and County Bail Bond Board a security interest in to the Security described above. Assignor agrees that this assignment carries with it the right to any insurance on the Security that may now or in the future exist and includes and gives to the Harris County Bail Bond Board assignment carries with separately to exclusive right to redeem, collect and withdraw in the future exist of includes amount of the Security Assignor agrees that this and to the State of Texas it the rightthe any insurance on the Security that may now or at any time any partand or the fulland gives to the Harris to be applied as a Board to exclusive right to against collect and and/or the license holder in accordance with amount Occupations Code and Texas Code of County Bail Bondpaymentthe satisfy a judgment redeem,the Assignor withdraw at any time any part of or the fullthe Texasof the Security to be applied as a payment to Criminal Procedure, including payment and/or the license Code or associated with the bail bond license identified above. (The right Texas to Bond the Security the satisfy a judgment against the Assignor under Occupationsholder Section 1704.204(b). The right of the Bail Bond Board or the State ofof the Bailapply Board to apply shall not be affected by a subsequent change in the trade name or business location of the person or entity on whose behalf this assignment is executed. Security shall not be affected by a subsequent change in the trade name or business location of the person or entity on whose behalf this assignment is executed.) Assignor understands and agrees that by this assignment, all use of and control over the disposition of the Security is relinquished The Security Security is to be held Assignor understands and agrees that by this assignment, all use of and control over the disposition of the Security is relinquished. and that such is to be held by the financial institution identified for the for use and subject subject to the control of the Harris County Bail Bond Board and the State of Texas. by the financial institution identified solethe sole use andto the exclusiveexclusive control of the Harris County Bail Bond Board. This Security may be released only by the Harris County Bail Bond Board’s Written consent. Assignor’s Signature:
This is notification by the Assignor to the financial institution of the terms of this assignment.
Assignor’s name in print: Notary stamp or seal: Sworn to or affirmed before me on this _________ day of ____________________ , 20 ______. Signature of Notary Public in and for the State of Texas: Date:
CONTROL AGREEMENT WITH FINANCIAL INSTITUTION AND NOTICE OF EXCLUSIVE CONTROL:
The Financial Institution acknowledges the assignment of the Security for payment ofCounty Bail Bond Board. We certify that we County Bail Bond Board and the State of Financial Institution acknowledges the assignment of the Security to the Harris final judgments of forfeiture to the Harris have recorded the assignment and have Texas. We certify that we havewe do not have, nor do weand have retainedof,copy. We certify that we do not have, nor do we have knowledge of, anyone of the Security. retained a copy. We certify that recorded the assignment have knowledge a anyone else having any lien, encumbrance, right, hold, claim to or obligation else having any lien,accept the Security with knowledge or obligation of irrevocably postedaccept the Security with knowledge that it has been irrevocablyagree toas collateral, and we agree We encumbrance, right, hold, claim to that it has been the Security. We as collateral for the bail bond license identified above, and we posted act as the sole agent for to act as the sole agent for the purpose of holding County Bail Bond Board’s exclusive use. We agree not to release, makeTexas. We agree not to divert ormake payment, or the purpose of holding the Security for the Harris the Security for the Harris County Bail Bond Board and the State of payment, or otherwise release, dispose of the otherwise other thandispose of the Security, other than to pay interest to thewith written instructions of the Harris County Bail Bond Board. the Harris to comply with theBoard, Security, divert or to pay interest to the Assignor, except in accordance Assignor, except in accordance with written instructions of We agree County Bail Bond the Harris County District Attorney's Office (on behalf of the State of Texas), or as required by law. We agree to comply with the instructions of the Harris County Bail instructions of the Harris County Bail Bond Board directing disposition of the Security without further notice to or consent by the Assignor. We further agree not to exercise Bond Board and/or the Harris County District Attorney's Office (on behalf of the State of Texas) directing disposition of the Security without further notice to or consent by any set of rights we may have with respect to the Security or to otherwise impede, hinder, delay, prevent, obstruct or interfere with the Harris County Bail Bond Board’s the Assignor. We further agree not to exercise any set of rights we may have with respect to the Security or to otherwise impede, hinder, delay, prevent, obstruct or interfere right to Harris and collect Bond Board's full amount of the Security promptly. with theredeem County Bailany part or the or the State of Texas' right to direct payment of, redeem, or collect any part (or the full amount) of the Security promptly.
Name of Bank Officer (Type or print): Officer’s Signature: Title: Date: Notary stamp or seal: Sworn to or affirmed before me on this _________ day of _____________________ , 20 ______. Signature of Notary Public in and for the State of Texas:
Please send original form to the Harris County Bail Bond Board, c/o Sheriff's Dept. Bonding Division, 49 San Jacinto St, Houston TX 77002-1233
BBB AOS 1 (Rev 2/05)
Clyde_Leuchtag@hctx.net