Bond Deeds Bonds 1518 Legal Draft Template
| Category | Deeds Bonds |
| Format | Rich Text |
| File name | Bond-Deeds-Bonds-1518.rtf |
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Industry-standard template for reference. Adapt it with DraftPilot (AI copilot), compare clause-by-clause in our comparison workspace, or download and edit offline. Consult a qualified advocate before filing or execution.
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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 percent, 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
F
orm
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.
Know all men by these presents, we the undersigned, viz., AB, son of etc., hereinafter referred to as the borrower of the first part and CD, son of etc., hereinafter referred to as the surety of the second part are by these presents held and firmly bound unto and in favour of EF, son of etc., hereinafter referred to as the lender in the sum of Rs……….of good and lawful money of the Republic of India for which payment to be truly and faithfully made by instalments in the manner provided in the schedule below and for that purpose we, the undersigned AB and CD, bind ourselves, our respective heirs, executors, administrators and representatives.
Sealed with our seal, dated this……………day of…………2005
Whereas the borrower AB approached the lender EF for a loan and/or accommodation of Rs……………to be repaid with interest of…..% per annum by instalments in the manner hereunder indicated and secured by a bond in terms hereunder contained. Now the condition of this above-written bond or obligation is such that if the borrower AB or the surety CD or either of them shall repay or cause to be repaid the said sum of Rs…..with interest thereon at………% in the manner hereunder indicated, then and in such an event the bond or obligation shall be void and stand automatically cancelled, otherwise the same shall remain in full force and virtue.
Schedule of Instalments
Signed, sealed and delivered AB