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No.

2
Simple Money Bond with Surety
THIS BOND is made by us, A.B., aged . . . . . . . . . . years, son of . . . . . . . ., resident
of . . . . . . . . . ., AND C.D., aged years, son of . . . . . . . . . . . . . . . . . ., resident of . . . . . . . . .,
hereinafter called the ‘‘Debtor’’ and the ‘‘Surety’’ respectively, which expressions shall
include the heirs, executors, and administrators of the Debtor and the Surety respectively.
AND WITNESSES that we are held and firmly bound, jointly and severally to E.F.,
aged . . . . . . . . . . years, son of . . . . . . . . . ., resident of . . . . . . . . . ., in the sum of Rupees . . .
. . . . . . . (Rs . . . . . . . . . .) only to be paid to the said E.F., his heirs, executors, administrators
or assigns (hereinafter called ‘‘the Obligee’’) on the terms and conditions hereinafter
appearing:
WHEREAS E.F. has this day advanced a loan of Rupees . . . . . . . . . . . . . . .
(Rs . . . . . . . . . .) only to the Debtor repayable on or by the . . . . . . . . . . . . . . . day
of . . . . . . . . . ., 20 . . . . . . . . . ., with interest at . . . . . . . . . .% per annum AND the Surety has
guaranteed the repayment of the said loan together with interest and by the stipulated time.
NOW, THEREFORE, THIS BOND is executed by the aforesaid A.B. and C.D. and binds
the aforesaid Debtor and Surety as under:
1. That the loan with interest as stipulated shall be paid by the said Debtor by or before
the date aforesaid.
2. That in case of non-payment and on failure of the Obligee realising the money and
interest due from the said Debtor or from his properties the said Surety shall
reimburse and pay the entire sum or any balance then remaining unpaid in
accordance with the terms of this Bond to the Obligee.
IN WITNESS whereof, we, the said A.B. and C.D., have hereto respectively signed and
delivered at . . . . . . . . . . the . . . . . . . . . . day of . . . . . . , 20 . . . . . . . . . .
Witness:.................................................................................................................................................................
Sd. A.B.
...............................................................................................................................................................................
Debtor.
.........................................................................................................................................................................
Sd. C.D.
.........................................................................................................................................................................
Surety.

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