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"#$ %ollege of _________________ re-uires that the due and faithful performance of the pro!isions of the said a be underwritten by a urety& +. '(name of surety)______________, Filipino, of legal age, singe / married to ______________________, hereinafter referred to as "urety"
"#$ %ollege of _________________ re-uires that the due and faithful performance of the pro!isions of the said a be underwritten by a urety& +. '(name of surety)______________, Filipino, of legal age, singe / married to ______________________, hereinafter referred to as "urety"
"#$ %ollege of _________________ re-uires that the due and faithful performance of the pro!isions of the said a be underwritten by a urety& +. '(name of surety)______________, Filipino, of legal age, singe / married to ______________________, hereinafter referred to as "urety"
SURETY AGREEMENT FOR UPM College of ___________________
RETURN SERVICE OF THE STUDENTS/GRADUATES This Agreement executed at ______(place)______________ on _____ (date)__________ by ________(name of surety)_____________________, Filipino, of legal age, singe/married to _______________________ , with residence and postal address at _____________________________________________, hereinafter referred to as "urety", in fa!or of the "ni!ersity of the #hilippines $anila %ollege of ______________________, with principal office at ________________ hereinafter referred to as "#$ %ollege of __________________& '()*)A, ______(name of student)_________________ (hereinafter referred to as "#rincipal"), a student of the "#$ %ollege of _____________________, executed the attached *eturned er!ice Agreement ("*A") with "#$ %ollege of _____________________ on ______(date of *A)________, to which this urety Agreement is appended as A++), "A"& '()*)A, "#$ %ollege of ________________ re-uires that the due and faithful performance of the pro!isions of the said *A be underwritten by a urety& +.', T()*)F.*), for and in consideration of the foregoing, the undersigned urety, /ointly and se!erally with the #rincipal, hereby guarantee and warrant to the "#$ %ollege of ________________ that the principal shall comply with and perform all the stipulations contained in the *A, and that if for any reason the #rincipal fails to comply therewith, the urety binds himself /ointly and se!erally with the #rincipal& "To reimburse the "#$ %ollege of _____________ twice in full of such amount/s as it may ha!e defrayed for the #rincipal0s tuition, go!ernment subsidy and scholarship, and all other expenses incurred by the "#$ %ollege of _________________________& in connection with and/or as an incident of the tudent0s admission to the "#$ %ollege of _________________________ with interest at the pre!ailing legal rate at the time of the breach of the foresaid *A1" The liability of the urety under this Agreement shall be solidary, direct and immediate and not contingent upon the enforcement by the "#$ %ollege of ____________________ of whate!er remedies it may ha!e against the #rincipal, and the urety shall at anytime on demand, pay to the "#$ %ollege of _________________ whate!er amount is owing from the #rincipal to the "#$ %ollege of _____________ to the extent stated abo!e1 This instrument is intended to be a complete and free indemnity to the "#$ %ollege of ___________________ for any indebtedness or liability of the #rincipal arising from the *A1 2t shall be !alid and binding without further notice to the urety, until the #rincipal has complied with all his/her obligations under the said *A1 Page 1 of 2 IN WITNESS WHEREOF, the urety has caused its authori3ed representati!e to set his/her hand this _______(day) of ___________,45671
_______________________________ ____________________________ SURETY (Fate!" SPOUSE (Mote!" ______________________________ a#$/o! %egal G&a!$'a# igned in the presence of8 ____________________________________ ____________________________________ *epublic of the #hilippines) %ity of $anila ) 11 AC(NOW%EDGMENT 9)F.*) $), a +otary #ublic for and in the %ity of $anila, #hilippines, personally appeared _____________________ and ____________________________ who exhibited to me their competent proof of identities indicated below8 +ame :o!ernment 2ssued 2; ;ate < #lace of 2ssue ________________________ _______________________ ________________________ ________________________ _______________________ ________________________ ________________________ _______________________ ________________________ and who =nown to me to be the same persons who executed the foregoing instrument and ac=nowledged to me that the same is their free !oluntary act and deed and that of the institutions they respecti!ely represent1 This instrument refers to the urety Agreement for "# %ollege of _________________ *eturn er!ice of tudents/:raduate consisting of two (4) pages, including this page wherein this Ac=nowledgment is written and signed by the parties and their instrumental witnesses1 '2T+) $> (A+; A+; +.TA*2A? )A?, on the date and place first mentioned1 +.TA*> #"9?2% ;oc1 +o ____ #age +o1 ___ 9oo= +o1 ___ eries of 4567 Page 2 of 2
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