Form 1822-4 - Cash Bond (Assured Payment)

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Contract Number
Form 1822-4
(September 1987)
UNITED STATES
DEPARTMENT OF THE INTERIOR
BUREAU OF LAND MANAGEMENT
CASH BOND
D a t e Contract Approved
(Assured Payment)
K
A
M
T
P
That
I
We
NOW
LL
EN BY
HESE
RESENTS,
of
, State of
doing business as a n
individual
partnership
corporation organized and e x i s t i n g under t h e l a w s o f the
S t a t e o f
as Principal,
is held and firmly bound unto the United States of America
dollars ($
),
in t h e penal sum of
l a w f u l m o n e y o f t h e U n i t e d S t a t e s , f o r t h e p a y m e n t o f w h i c h , w e l l a n d t r u l y t o b e m a d e , I b i n d m y s e l f , m y h e i r s ,
executors, administrators, s u c c e s s o r s and a s s i g n s , jointly and severally, a s a further guarantee of which a c a s h
deposit or assured payment has been made with t h e Bureau of Land Management a t
$
in t h e form of a
in t h e amount of
.
A
s h a l l not b e negotiated u n l e s s t h e principal, h i s s u c c e s s o r s or assigns, fails to comply
with a l l of t h e provisions of t h e above-cited contract.
( A s u s e d h e r e i n , t h e t e r m " c o n t r a c t " i n c l u d e s a l l a g r e e m e n t s
between the Bureau of Land Management and any individual, partnership or corporation for use of the public lands or
their resources.)
damages or deficiencies, a r i s i n g by reason
of
s u c h
T
, T h e s a i d Principal d o e s hereby constitute
H A T
default, as s a i d attorney may deem best.
and appoint t h e Secretary of the Interior as h i s attorney,
to transfer and apply the s a i d deposit, as security for
T h e s a i d Principal hereby ratifies and confirms
the faithful performance of any and all of the conditions
whatever h i s s a i d attorney s h a l l do by virtue of t h e s e
or stipulations
as
s e t out in the above-noted contract
p r e s e n t s .
made under t h e Act of
and the regulations thereunder s e t forth in 43 CFR,
If the s a i d Principal, h i s s u c c e s s o r s or a s s i g n s
P a r t
, upon conditions therein e x p r e s s e d , and i t
s h a l l fully comply with a l l the provisions of t h e above-
is agreed that, in case of any default in the performance
described contract and s h a l l make a l l payments due
under s a i d contract as therein provided, then and in
of any condition or stipulation of s u c h contract, t h e said
attorney s h a l l h a v e full power to a s s i g n , appropriate,
that event the above obligation s h a l l b e null and void
and the deposit s h a l l be released and returned to t h e
transfer, and apply s a i d deposit or any part thereof,
without notice, and t o apply t h e proceeds of s u c h
Principal.
Otherwise, s a i d obligation s h a l l remain in
collection in whole or in part t o the satisfaction of any
full force and effect.
(Continued on page 2)

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