Ala. R. Crim. P. Form CR-18

State of Alabama

Unified Judicial System

Form CR-18 Rev.1/96

ESCROW AGREEMENT

Case Number

STATE OF ALABAMA

IN THE CIRCUIT COURT OF__________________________________________________________________, ALABAMA

(Name of County)

Bail Company _______________________________________ Bank _________________________________________

It being the desire of the bail company to purchase (a) certificate(s) of deposit in the total amount of twenty-five thousa nd dollars ($25,000) which

shall be in the name of the bank, as Escrow Agent for the bail company; this doc ument and its terms are submitted for approv al and acceptance by the

presiding judge of the circuit court, and a fter approval and acceptance is giv en by the presiding circuit judge, then this document and its terms shall constitute

the surety bond or escrow agreement in accordance w ith and as requi red by Rule 7.1 of the Alabama Rules of Criminal Procedure a nd Section 15-13-160 et

seq., Ala. Code 1975. The approval and acceptance shall be evidenced by the signature of the presiding judge of the circuit court being executed hereto.

The provisions and terms of this escrow agreement shall be as follows:

Upon receipt of twenty-five thousand dollars ($25,000) from the bail company, there sha ll issue (a) certificate(s) of deposit in the name of the bank, as

escrow agent for the bail company. The certificate(s) of deposit may be reissued from maturity date to maturity date so long as the principal sum(s) shall not be

less than a total sum of tw enty-five thousand dollars ($25,000) and the re issuance shall conform to the requirements and terms of this agreement. The bank

shall send to the circuit clerk copies of the original certificate(s) of deposit as heretofore mentioned and copies of any and all reissued certificate(s) of deposit

issued hereunder. The certificate(s) of deposit shall remain in escrow and they may not be withdrawn or converted without prior consent of the presiding circuit

judge, and such consent shall be in writing.

All interest earned form the certificate(s) of deposit shall be paid to the bail company as agreed to between the bail company and the bank.

The bank is hereby authorized to pay from the certificate(s) on receipt from an order of the presiding circuit judge, to the State of Alabama or its

political subdivision and the pay ment is hereby guaranteed to the full amount of the deposit for twenty-five thousand dollars ( $25,000), all sums of monies

that may become due to the State of Alabama or any of its political subdivisions by virtue of a judgment absolute being rendere d against the bail company

on a forfeiture of bail. The aggregate liab ility of the bank sha ll not ex ceed the tw enty-five thousand dollars ($25,000) so dep osited and the bank, bail

company, or both, may cancel this agreement as to any future liability by giving thirty (30) days written notice of cancellatio n to the circuit clerk of the county,

providing there are no pending judgments against the bail company and prov ided further that the liability upon all outstanding bonds upon w hich the bail

company may be liable, or may become liable, has been extinguished or discharged according to law.

Upon the approval and acceptance by the presiding circuit judge, this document shall become effective.

ACCEPTED AND EXECUTED THIS ______________ DAY OF _________________________, _________ _____

Bail Company: ________________________________________________________

By: _______________________________________________ Its: _______________________

I hereby approve and accept the terms and condi tions of the preceding Escrow Agreement

this ________________________ day of ____________________, __________.

STATE OF ALABAMA ____________________________________________________________

______________________ COUNTY Presiding Circuit Judge

I, ______________________________________, a notary public in and for the state and county, do hereby certify that _______________________

whose name as ____________________________________ of ________________________________________ the above-named bail company,

signed the foregoing instrument, and who is known to me, acknowledged before me on this day, that being informed of the contents of the

instrument, he/she as such officer and with full authority, executed the same voluntarily for and as the act of the bail compan y, on the day the same

bears date.

Given under my hand and seal this _________ _________________________________ ___________________________

day of _________________, _____________. NOTARY PUBLIC

… …………………..………………………..………………………..………………………..………………………..………………………..……………………… …

B ank: _______________________________________________________________

Approved By: ________________________________________Its: _______________________________

STATE OF ALABAMA

_____________________COUNTY

I, ______________________________________, a notary public in and for the state and county, do hereby certify that ____________ ___________

whose name as ____________________________________ of ________________________________________ the above-named bank,

signed the foregoing instrument, and who is known to me, acknowledged before me on this day, that being informed of the contents of the

instrument, he/she as such officer and with full authority, executed the same voluntarily for and as the act of the said bank, on the day the same

bears date.

Given under my hand and seal this _________ _________________________________ ___________________________

day of _________________, _____________. NOTARY PUBLIC