Simple Money Bond

Simple Money Bond

By This Bond I, AB of, etc., am hereby held and firmly bound to CD of etc. in the sum of Rs. …………… only to be paid to the said CD, his heirs, executors or administrators or assigns, for which payment faithfully and truly to be made, I bind myself, my heirs, executors or administrators by these presents.

Signed and delivered by me at ………………… this ……………… day of ………………

THE CONDITION of this bond is such that, if the above bound AB, his heirs, executors or administrators, do and shall faithfully and truly pay or cause to be paid, to the said CD, his heirs, executors, administrators or assigns, the sum of Rs. …………… only, with interest thereon at the rate of ………… per cent. per annum, on the ………… day of …………, THEN the above-written bond or obligation shall be void and of no effect, otherwise the same shall remain in full force and value.

Signed, sealed and delivered                                                                                  AB  (Debtor)

ANOTHER FORM

Know all men by these presents I, AB son of etc., am hereby held and firmly bound unto and in favour of CD son of etc., in the sum of Rs. ……… for which payment to be truly and faithfully made. I bind myself, my heirs, executors and administrators. Sealed with my seal. Dated this ……………… day of ……………

Now the condition of the bond, etc. (see previous precedent).

Signed, sealed and delivered etc.