1st Arkansas Bail Bonds
Corporate Office: (888) 426-8499
Fax: (870) 425-7730
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Contract

I. Promissory Note:
  1. On the failure of the mentioned Defendant to appear, said Defendant and/or Indemnitor(s) promises to pay to First Arkansas Bail Bonds, Inc. the amount of $, being the value received under the bail bond contract. In addition, Defendant and/or Indemnitor(s) promises to be covered under the bail bond contract.
  2. As security for this promissory note, Defendant and/or Indemnitor(s), a security agreement has been executed by Defendant and/or Indemnitor(s). Any default under the terms of this promissory note shall be entitled the First Arkansas Bail Bonds, Inc. the right to pursue either or all the remedies provided under the security agreement, the remedies at law for collection of this promissory note or the remedies provided in the bail bond contract. No election of remedy by First Arkansas Bail Bonds, Inc. shall be a waiver of any other rights under this promissory note, the bail bond contract, or the security agreement. No delay or omission on the part of First Arkansas Bail Bonds, Inc. in exercising any right herein shall operate as a waiver of such right or any other right under this promissory note, the bail bond agreement, or the security agreement. A waiver on any one occasion shall not be construed as a bar or a waiver on any such and/or remedy on any future occasion. Should First Arkansas Bail Bonds, Inc. have to pursue legal action to collect the amount due, Defendant and/or Indemnitor(s) shall be responsible for the payment of reasonable attorney fees and court costs incurred by First Arkansas Bail Bonds, Inc.
  3. Defendant and/or Indemnitor(s) shall be default of this promissory note upon the occurrence of any of the following events:
    (a) failure of Defendant and/or Indemnitor(s) with or without demand, to deliver the security as set forth in the security agreement;
    (b) any action by Defendant and/or Indemnitor(s) which threatens, reduces or eliminates First Arkansas Bail Bonds, Inc. security interest in the property mentioned in the security agreement;
    (c) failure of Defendant and/or Indemnitor(s) to make timely scheduled payments on the bond premium balance as agreed herein;
    (d) false and/or incorrect information in the bail bond contract, security agreement, bail bond application, or Indemnitor(s) application, and
    (e) breach of the bail bond contract by Defendant and/or Indemnitor(s).
  4. Defendant and/or Indemnitor(s) waives presentment, demand, notice, protest, and all other notices in connection with the delivery, acceptance, performance, default, or enforcement of this note, assents to any extensions or postponements of the time of payment or any other indulgence, and agrees that the indebtedness may be extended or renewed in whole or in part without limitation as the number of such extensions or the period(s) thereof, and consents to any substitutions, exchange, or release of collateral and/or the addition or release of any party or person primarily or secondarily liable.
II. Security Agreement
  1. Defendant and/or Indemnitor(s) pledge to First Arkansas Bail Bonds, Inc. the following described collateral to protect it against any and all damages, costs, charges, attorney fees, and expenses whatever the nature resulting from any breach of the bail bond contract by the Defendant and/or Indemnitor(s) or any default of the promissory note by the Defendant and/or Indemnitor(s), including but not limited to the failure of the Defendant to appear in court as required by the court and the bail bond agreement and the failure of the Defendant and/or Indemnitor(s) to timely pay the balance of the bond premium.
  2. In the event of default on the promissory note or breach of the bail bond agreement, First Arkansas Bail Bonds, Inc. or its designee shall have the right granted to a secured party under the Uniform Commercial Code including, but not limited to, the right to repossess, sell and hold the Defendant and/or Indemnitor(s) to a deficiency. If there is a surplus as a result of a sale, it will be paid to Defendant and/or Indemnitor(s). Any notice required prior to sale shall be met if such notice is mailed, postage prepaid, to the Defendant and/or Indemnitor(s) at the address(es) provided below at least five days before the time of the sale or disposition.
  3. No election of remedy by First Arkansas Bail Bonds, Inc. shall be a waiver of any other rights under this security agreement, the bail bond contract, or the promissory note. No delay or omission on the part of First Arkansas Bail Bonds, Inc. in exercising any right herein shall operate as a waiver of such right or any other right under this security agreement, the bail bond agreement, or the promissory note. A waiver on any one occasion shall not be construed as a bar or a waiver of any such right and/or remedy on any future occasion. Should First Arkansas Bail Bonds, Inc. have to pursue legal action to enforce this security agreement, Defendant and/or Indemnitor(s) shall be responsible for the payment of reasonable attorney fees and court costs incurred by First Arkansas Bail Bonds, Inc.
III. Indemnity Agreement:
  1. The undersigned Indemnitor(s) on consideration of First Arkansas Bail Bonds, Inc. executing and undertaking the bonding of the Defendant, agrees as follows: The Indemnitor(s) will at all times indemnify and hold First Arkansas Bail Bonds, Inc. harmless from and against every claim, demand, liability, loss, damage, cost, charge, attorney fees, suit order, judgement, and adjudication, whatsoever incurred hereafter by First Arkansas Bail Bonds, Inc. with the funds to meet such obligation prior to the required payment said obligation to the court.
Applicable Law:
  1. These agreements are to be interpreted under the laws of the State of Arkansas and all actions on these agreements shall be in the County of Baxter in the State of Arkansas.
  2. These agreements on front and back of this form are to be read in conjunction with one another and the Defendant and/or Indemnitor(s) hereby state that he/she or they have read and understand all the agreements, and agree to all the terms and conditions therein.

WITNESS the signatures of all parties this day of , 20.
* Total State Fees $60.00
* County Fee $20.00 If Applicable

Payment Agreement


Collateral Description


Bond Requirements

  • Client check in with agent each week via phone or in person
  • Follow above payment agreement
  • Notify agent of any change of address, employment, phone #s
  • Contact agent with any court date changes and after final disposition
IV. Contract
The undersigned, Defendant and/or Indemnitor(s) do hereby represent that the statement made herein, as an inducement to FIRST ARKANSAS BAIL BONDS, INC. (hereinafter referred to as “Company”) to execute the bond herein, are true and the undersigned parties do hereby agree as follows:
  1. To pay the Company the below mentioned sum as premium for said bond in advance or upon demand.
  2. To indemnify the Company against all liability, loss, damages, attorney fees and expenses whatsoever, including, but not limited to all costs the Company may sustain or incur in making such bond, prosecuting or defending any action brought in connection therewith, enforcing any of the agreements herein, enforcing any collateral or indemnify agreement, foreclosing on any mortgage or deed of trust, locating Defendant and producing Defendant in Court. If upon failure of the Defendant and/or Indemnitor(s) to comply with any of the terms or conditions of this agreement and should it be necessary for the Company to refer this agreement to an Attorney for collection, the Defendant and/or Indemnitor(s) agree to pay a reasonable attorney fees for such collection process.
  3. The Company shall have the absolute right to cancel said bond and/or to procure its release from said bond, for the release of the Indemnitor(s), and to do any and all things permitted by law for the release of the Company. The Company and its agents shall be held harmless and is released from any damages which might be sustained by the undersigned by reason of such cancellation, surrender and release of the undersigned. It is understood that the Company is acting in good faith in canceling this undertaking and surrendering or causing the surrender of the Defendant whenever the Defendant or Indemnitor(s) neglect, fail or refuse to comply with any of the conditions or agreements embodied herein, or embodied in any collateral pledge agreement incidental to this agreement, not withstanding same is made prior, during or subsequent to the agreement herein, in the event the Company has the right to cancel this bond at any time without cause, and with or without notice to the Defendant and/or Indemnitor(s).
  4. This obligation shall be for the benefit of any person or agency who may join with the Company or its assigns in this undertaking or assumption of part or all thereof.
  5. It is specifically understood that this agreement shall bind the undersigned Defendant and his indemnitor(s) their heirs, executors, administrators and assigns both jointly and severally.
  6. Defendant is to remain within the jurisdiction and venue of the Court during the undertaking of this Agreement by the Company, unless otherwise authorized and permitted by the Court, to appear in Court promptly at the time designated wherever required by the court, or requested by the Company and the Defendant and/or Indemnitor(s) shall keep the Company advised of any fact or matter endangering risk to the Company, including, but not limited to Defendant’s change of address, change of employment, or subsequent arrest.
  7. In the event the Defendant does not appear when the case is first set for trial and a conditional forfeiture is taken against the Licensee/Company, the Indemnitor(s) agree to pay unto the Company the amount of the bond and such money shall be held in escrow by the Company until such time as the Indemnitor(s) return the Defendant to the Court and by the time the final forfeiture is taken against the Company, the Company shall use the money held in escrow to pay any charges or expenses incurred by or assessed against the Company.
  8. It is understood by the Defendant and/or Indemnitor(s) hereto that the bond premium is fully earned upon execution of the bond, and also that in the event a bond is written on Defendant and he/she has a hold placed on them from other jurisdictions prior to their release from jail including Immigration, the bond premium will not be refunded if in fact the Defendant was not released from custody from a pre-existing hold.  
  9. This bond shall continue in force for preliminary hearings and actual trial hearings, should it become necessary to transfer the bond from one court to another for trial purposes, it is agreed that there will be no additional charge for this service. This does not include an appeal from a conviction in either circuit or district court. A separate appeal bond must be made for an appeal. This shall in no way relieve any of the Defendant and/or Indemnitor(s) from any liability under this agreement or collateral agreements hereto.
  10. The undersigned Defendant and/or Co-signor(s) do hereby authorize First Arkansas Bail Bonds, Inc. and its employees and agents to use any and all means to locate and apprehend the Defendant and to transport said Defendant to the proper law enforcement agency should Defendant fail to meet his obligations herein. This authorization includes, but is not limited to, the right to obtain confidential information from any and all sources available to First Arkansas Bail Bonds, Inc., its employees or agents. The undersigned Defendant and/or Co-signor(s) do hereby authorize First Arkansas Bail Bonds, Inc., and its employees and agents to use any means to locate, repossess, and sell any and all collateral upon the failure of Defendant and/or Co-Signor(s) to meet their obligation herein. The undersigned Defendant and/or Co-signor(s) do hereby agree to indemnify and hold First Arkansas Bail Bonds, Inc., its employees and agents harmless from and against any and all claims, damages, losses and actions, resulting from or arising out of any effort to locate, apprehend, transport or surrender Defendant, or resulting from or arising out of any effort to locate, repossess or sell any collateral.
This bond shall be void upon dismissal of charges, or upon conviction and sentencing of Defendant.
I/We, the Defendant and/or Indemnitor(s) do hereby authorize each person, partnership, corporation, governmental body, agency, or court in possession of any and all records concerning me/us (including, but not limited to, employment history, address changes, driving records, workers’ compensation records, criminal records, credit records, bank records, telephone records, utility records, social security records and welfare records, and school records of any minor child or children of mine) to furnish said records to First Arkansas Bail Bonds, Inc. and its agents, employees or attorneys. I hereby waive any rights to privacy of the information to First Arkansas Bail Bonds, Inc. I also understand that any information may be disclosed of part 2 of Title 42 of the Code of Federal Regulation governing confidentiality of alcohol and drug abuse patient records and that recipients of this information shall also be released to First Arkansas Bail Bonds, Inc. with my consent.

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