MONEY BOND FOR MONEY DUE WITH RECITALS

MONEY BOND FOR MONEY DUE WITH RECITALS 

This Bond entered by

, ……………………..……………,…………………………..…

 S/O. ___________________________________,

Resi ____________________________________

 (after ward called creditor)

 in favour of Sh. ……………………………………………….

 (after ward called the obligee). 

Whereas 

the creditor …………………….… ows Rs.______________ to 

Sh. ……………………………………………….…,

 S/O . ____________________________ 

(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. ………………………………

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