INDEMNITY BOND

In case of non-production of Title Deeds

BY THE PRESENT INDEMNITY BOND executed by me on this …………… day

of ……………2012, I, Sham Lal s/o Keemti Lal residing at ……………… (hereinafter
called the obligor) my successors and legal representatives in favour of Ram Lal s/o
Kishori Lal residing at …………………… (hereinafter called the obligee), which
expression shall mean and include his heirs, successors and legal representatives, in
the sum of Rs. ………………… of lawful money paid to me by the said C.

Signed by me with my seal this ………… day of ……… 2012.

Whereas by an agreement dated …………… , I, the obligor, agreed to sell and the said
obligee agreed to purchase subject to a good and marketable title being made out the
property situated in which is fully mentioned and described in Schedule ‘A’ annexed
hereto and which is free from all encumbrances, attachments, trust and lien, etc. for the
sum of Rs. ………… (Rupees …………… only) and whereas in course of the
investigation of my title it has transpired that the documents described in Schedule ‘B’ to
these presents which are essential and necessary to complete the title are missing and
are not being in my possession or anybody else on my behalf to my knowledge and it is
not further known up till now in whose possession or custody and power the same were
or are likely to be at present.

AND WHEREAS in answer to the requisitions on title I have declared them as

lost or misplaced and not pledged or deposited anywhere as security for any debt or
claim.

AND WHEREAS the said OBLIGEE on such declaration given by me as

aforesaid agreed to complete the said purchase upon my executing the conveyance of
the said premises in his favour with all usual covenants including the covenant as to
indemnity but nevertheless and in addition thereto upon my entering into the above-
written obligation conditioned as hereinafter expressed for the protection and indemnity
of the purchaser. Now the above-written bond or obligation is conditioned to be void
only in either of the cases following, that is to say:
 1. In case all the said documents shall be hereafter discovered anywhere and
delivered to the said purchaser or his heirs, executors, administrators or assigns free of
any costs, charges and expenses on that account.

2. Alternatively, if for a period of over twelve years from the date of these
presents the purchaser, his heirs, etc. shall peacefully and quietly hold, possess and
enjoy the said lands and premises, etc., without any claim, demand, interruption or
disturbance whatsoever by any person or persons claiming any right, title or interest in
the said property under or by virtue of the said documents or any of them, otherwise the
same shall remain in full force and and I, my heirs, executors, administrators, shall at all
times hereafter remain liable for and shall fully and effectually indemnify and keep
indemnified the said (purchaser) his heirs, executors, administrators and assigns
against all losses and damages, costs, charges and expenses which he or they or any
one of them may be put to or reasonably incur or suffer by reason of the fact of the said
documents not having been delivered to the purchaser simultaneously with the
completion of the said purchase.

Schedule ‘A’

Schedule ‘B’

Signed, sealed and delivered AB