SECURITY
BOND TO BE GIVEN DURING THE PENDENCY OF APPEAL WHERIN
PROPERTY IS MORTGATED [CD1]
To,
This security bond on stay of
execution of decree by.
WITNESSETH:
That ., the plaintiff in suit no..of, 2000,
having sued the defendant in this court, and a decree having been passed on the
day of .., 2000, in favour of the plaintiff, and the defendant having preferred
an appeal from the said decree in the court, the said appeal is still pending.
Now the plaintiff-decree holder
has applied to execute the decree and the defendant has made an application
praying for stay of execution of the said decree and has been called upon to
furnish security. Accordingly, I, ( of my own free will). Stand security to the
extent of Rs. mortgaging the properties specified in the Schedule hereunto
annexed and covenant that if the decree of the first court be reversed or
varied by the Appellate Court, the plaintiff shall restore any property which
may be or has been taken in execution of the said decree and shall duly act in
accordance with the decree of the Appellate Court and shall pay whatever may be
payable by him there under, and if he should fail therein then any amount so
payable shall be realized from the properties hereby mortgaged, and if the
proceeds of the sale of the said properties are insufficient to pay the amount
due, I and my legal representatives will be personally liable to pay the
balance. To this effect I execute this security bond this day of .., 2000.
SCHEDULE
(Signed)s/o.of..
WITNESSES BY
1.s/o.of..
2s/o.of.
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