Bond by Building Contractor and Surety by Shiva

Bond by Building Contractor and Surety

KNOW ALL MEN by these presents, that we, A.B., son of . . . . . . . . . . . . ., of . . . . . . . . . (hereinafter called ‘‘the Contractor’’) and C.D., son of . . . . . . . . ., of . . . . . . . . . (hereinafter called ‘‘the Surety’’) are bound to E.F., son of . . . . . .  of . . . . . . . . . (hereinafter called ‘‘the Owner’’, in the sum of Rupees . . . . . . . ., to be paid to the said Owner, or to his heirs, representatives, executors, administrators or assigns, for which payment we bind ourselves, and each of us, our and each of our heirs, executors and administrators, jointly and severally by these presents.

Dated this . . . . . . . . . day of . . . . . . . . ., 20 . . . . . . . . .

Sd. A.B. in the presence of

. . . . . . . . ., son of . . . . . . . ,

of . . . . . . . . . . .

Sd. C.D. in the presence of

. . . . . . . ., son of . . . . . . . .,

of . . . . . . . . . . .

WHEREAS by an instrument, dated the . . . . . . . . . . . . . day of . . . . . . . . . 20 . . . . . . . . . . . . and made between the above-bounden Contractor of the one part and the above-named Owner of the other part, the said Contractor had agreed to build and complete the house of the Owner according to the plans, sections, elevations, drawings, particulars and specifications mentioned therein on or before the . . . . . . . . . day of . . . . . . . . ., 20 . . . . . . . . .;

AND WHEREAS it was further agreed by the said Indenture that the said Contractor should furnish one respectable surety in the sum of Rupees . . . . . . . to be approved of by the Owner for the due performance of the said contract;

AND WHEREAS the said Owner has approved of the said C.D. as a surety for the said Contractor;

NOW THE CONDITION of the above-written bond is such, that if the said Contractor shall well and completely finish the said house on or before the . . . . day of . . . . . . . . ., 20 . . . . . . . . . together with all the other works mentioned in the said contract according to the said plans, sections, drawings, particulars, specifications therein mentioned and shall further duly and faithfully perform the terms and conditions of the said contract, then the above-written bond shall be void, otherwise the same shall remain in full force.

Dated this . . . . . . . . . day of . . . . . . . . ., 20 . . . . . . . . .

Sd. A.B. in the presence of

. . . . . . . . ., son of . . . . . . .,

of . . . . . . . . . . .

Sd. C.D, in the presence of

. . . . . . . . . ., son of . . . . . . ,

of . . . . . . . . . . .

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