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  • Deeds & Drafts / BOND-FOR-PAYMENT-OF-MONEY-WITH-INTEREST

Deeds & Drafts

BOND FOR PAYMENT OF MONEY WITH INTEREST

 

KNOW ALL MEN by these Presents:

That we,_________ of __________, as principals, and __________, of _________ as surety, are bound unto ________; of _________, in the sum of Rs.________ (Rupees ___________), to the payment of which to the said ___________; his executors, administrators, and assigns, we hereby jointly and severally bind ourselves, our heirs, executors and administrators.

The condition of this obligation is such that if the above-bounden obligors, or either of them, or his or their heirs, executors or administrators, shall, on the ______ day of _________, pay or cause to be paid, to the above-named obligee, his executors, administrators, or assigns, the sum of Rs.________  (Rupees____________), with interest upon the same from the date of the above-written bond, at the rate of _____ per cent (___%) p.a., then this obligation shall be void, otherwise shall remain in full force.

IN WITNESS WHEREOF, we, the said _____ and ________, have hereunto set our hands and seals this ____ day of ______ 20 ____.

SIGNED, SEALED, AND DELIVERED

in the presence of:

WITNESS:

  1. _____
  2. _____

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