MONEY BOND FOR MONEY DUE WITH RECITALS





This Bond entered by, AB, S/o Sh. __________, R/o __________ (after ward

called creditor) in favour of Sh. CD (after ward called the obligee).

Whereas the creditor AB ows Rs._______ to Sh. CD, 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.