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<br />BOND NUMBER: 194355 <br />STATE OF MINNESOTA <br />DEPARTMENT OF COMMERCE <br />CURRENCY EXCHANGE SURETY BOND <br />Global Financial Outsource Services, Inc. <br />KNOW ALL PERSONS BY THESE PRESENTS: That DBA United Check Cashing <br />(N ame of Currency Exchange) <br /> <br />Minnesota corporation <br /> <br />(Description or form of business organization, including state of incorporation) <br />with business office at 2216 West County Road D, Suite C, Roseville, MN 55113 <br />(Street Address, City, State, Zip) <br />as PRINCIPAL and ~orth American Specialty Insurance Company <br /> <br />(Name of Surety) <br />a corporation duly organized under the laws of the State of New Hampshire which is authorized <br />to engage in the business of insurance in the State of Minnesota, as SURETY, are hereby held and firmly bound to <br />the Department of Commerce of the State of Minnesota in the sum of TEN THOUSAND DOLLARS ($10,000). <br />Principal and Surety hereby bind themselves, their representatives, successors and assigns, jointly and severally by <br />these presents. <br /> <br />a <br /> <br />The parties further agree that: <br /> <br />1. The purpose of this obligation, which is required by Minnesota Statutes, Section 53A.08, is to secure the <br />compliance by Principal with the terms of Minnesota Statutes, Section 53A.02 to 53A.13, and any other legal <br />obligations arising out of the Principal's conduct as a currency exchange. <br /> <br />2. This bond is for the benefit of the State of Minnesota and all persons suffering damages by reason of the <br />Principal's failure to comply with Minnesota Statutes, Section 53A.02 to 53A.08, or other legal obligations <br />arising out of Principal's conduct as a currency exchange. <br /> <br />3. If the Principal shall violate Minnesota Statutes, Section 53A.02 to 53A.08, or other legal obligations arising <br />out of its conduct as a currency exchange, the Commissioner of Commerce, as well as any person damaged as <br />a result of such violation shall have, in addition to all other legal remedies, a right of action on this bond in <br />the name of the injured party for loss sustained by the injured party. <br /> <br />4. This bond shall be effective from January 1, 2003 <br /> <br />until December 31, 2003 <br />(Year) <br /> <br />Signed and Sealed this 23rd day of September <br /> <br />By: ~ <br />ignature of Sole Proprietor, Partner, or President) <br /> <br /> <br />2002 <br /> <br />By: North Pm3rican Specialty Insurance Carpany <br />(Name of Surety) <br />Global Financial Cutsource Services, Inc. <br />By: DBA Lhited Oleck Cashinq <br />(N ame of Currency Exchange) <br /> <br />Surety Company) <br /> <br />* * * * * * * * * * * * * * * * * * * * * * * * <br /> <br />FOR DEPARTMENT USE ONLY <br /> <br />Approved as to form and execution by Department of Commerce. <br /> <br />Date <br /> <br />MN/DOC CE BOND 7/99 <br />