MONEY BOND FOR MONEY DUE WITH RECITALS

This Bond entered by, ______________, S/o Sh. __________, R/o __________ (after ward called creditor) in favour of Sh. __________ (after ward called the obligee).

Whereas the creditor ________ows Rs._______ to Sh. ___________, S/o Sh. ________ (the obligee) as detail laid below: -
(a) As per a bond executed by me in favouring the obligee on the ___ day of ____ inclusive the principal and interest due thereunder, as Rs. _____.
(b) Loan taken by me from obligee according to his books of account comes to Rs. ________.
Now in lieu of above stated liabilities I am promising in paying the obligee, the said sum of Rs. ____ , within ___ years and interest @ __% yearly payable half yearly on the ____ day of ____ and the ____ day of ____ in each year.
And I hereby consent that if any interest is not paid by above stated date , which shall be added to the principal amount on which I shall pay interest at the rate and on the dates herein before stated.
In Witness Whereof, I have signed this bond

Place:-
Date:-
Signed
Witnesses:
1.
2.