INDEMNITY BOND
THIS INDENTURE made the _____ Day of _____,_____, between
_____ Widow of late _____ son of _____ resident of _____, Hereinafter called “Principal Party” of the first part and
______________________________Hereinafter called the “the Surety” of the second part and _____ Hereinafter called “the Bank” of the third part.
Whereas Late _____ Deceased at the time of his death had the following accounts with this Bank.
_____________________
Whereas the said principal party _____ claim /claims to be heir/heirs to the said late _____ and entitled of the above mentioned property of the deceased and also claim/claims the payment of the balance/ balances standing to he credit of the deceased in the book of the Bank.
NOW THIS INDENTURE witnesseth that in consideration of the payment of the Bank of amounts above specified ( the receipt whereas the said Principal party hereby the acknowledges) the said surety both bind themselves severally and jointly to pay the aforesaid amounts with interest loss damages and costs of all kinds whatsoever to the said Bank. Incase any claim is made about the aforesaid money / moneys by any body else.
Further in consideration of the aforesaid payment to the said principal party by the said bank. The said principal party and the said Surety both undertake for themselves their heirs executors and administrators to hold the said bank its agents etc. harmless and (indemnified in respect of all claims to the aforesaid money).
INWITNESSES WHEREOF the said _____ wife of late _____ And ______________ have put their signatures.
Witnesses:-
1. Signature _______________
Name: _____
Address: _____, _____.
2. Signature _______________
Name: _____
Address: _____, _____.