Money Bond with Surety

Money Bond with Surety

This bond is made the ………………… day of …………………, by AB, son of etc.

(Debtor) and CD, son of, etc. (Surety).

Whereas EF, son of etc., has this day lent and advanced to me, viz., the said AB, a sum of Rupees …………… (Rs. ……) only at the request and on the assurance and guarantee of the said CD, the surety, as to its repayment personally with interest at ………% per annum in case of default on my part. Now by this bond we, the said AB and CD, hereby and hereunder jointly and severally hold and bind ourselves, our respective heirs, executors, administrators and representatives unto the said EF his heirs, executors, administrators, representatives and assigns for payment to him or them, as the case may be, of the sum of Rupees ………… (Rs. …………) only, on demand (or, on or before the ………… day of ………… or, by instalments, etc.) with interest thereon at the rate of ……… per cent per annum from the date hereof until such payment.

In witness whereof, we, the said AB and CD, have set and subscribed our respective hands and seals the day, month and year first above-written.

In the presence of:

Signed, sealed and delivered                                                       AB

CD