harmless and keep indemnified the said (two obligees), and each of them, their and each of their heirs, executors, and administrators, and their respective lands and tenements, goods and chattels, from all future liability, damages, costs or expenses, which they, or either of them respectively, shall or may incur, disburse, or be put unto on account of the said (two obligees), or either of them, having so sold out and raised the said sum of 7501., out of the said trust moneys, or for or on account of any act, deed, matter or thing in relation thereto, THEN the above-written bond to be void, otherwise to continue in full force and virtue.

No. XIV.

Bond of

Indemnity to advancing part

Trustees

of Trust Moneys to Husband and

wife which had been limited by Marriage Settlement.

No. XV.

BOND CONDITIONED THAT A MINOR, WHO HAS CONTRACTED
WITH OTHERS TO SELL THE PROPERTY, SHALL EXECUTE A
VALID CONVEYANCE ON ATTAINING TWENTY-ONE, OR, IN
CASE OF HIS REFUSAL, THAT THE OTHER VENDORS WILL
REPAY A CERTAIN PORTION OF THE PURCHASE MONEY.

Exordium.

Recital of contract.

1. KNOW ALL MEN BY THESE PRESENTS, that WE (A.), of, &c., and (B.), of, &c., are held and firmly bound to (obligee), of, &c., in the penal sum of £ sterling, to be paid unto the said (obligee), or to his certain attorney, executors, administrators, or assigns, for which payment to be well and truly made, we jointly bind ourselves, our heirs, executors and administrators; and each of us severally, separately, and apart from the other of us, bindeth himself, his heirs, executors and administrators, firmly by these presents. Sealed with our seals; dated, &c.

2. WHEREAS the above bounden (A.) and (B.) and (minor), being seised in fee as tenants in common of (DESCRIBE parcels), sometime since contracted to sell the fee simple and inheritance of the same hereditaments and premises unto the said (obligee), for the sum of £ and the said (A.) and (B.) have, by indenture day of and expressed to be made between the said (A.) of the first part, the said (B.) of the second part, and the said (minor) of the third part, conveyed their respective

dated the

portions of the said premises unto the said (obligee), in pursuance of such contract; but the said (minor) being still a minor, is unable at present to execute a valid conveyance of his portion of the said premises.

No. XV.

Bond conditioned that a Minor

who has contracted with others to sell

the Property valid con

shall execute a

veyance on attaining

twenty-one.

3. NOW THE CONDITION of the above-written obligation is such that if the said (minor) shall, within the space of six calendar months next after he shall attain the full age of twenty-one years, or in case of his death in the meantime, if his heirs shall within the period aforesaid execute a valid conveyance of the fee simple Condition. and inheritance of the said hereditaments and premises unto the said (obligee), his heirs and assigns (such conveyance to be prepared and tendered by and at the expense of the said (obligee), his heirs or assigns); OR, in case the said (minor) or his heirs shall, after the expiration of six calendar months after attaining his full age of twenty-one years, and after the same shall be tendered to him or them for that purpose, refuse to exccute such conveyance as aforesaid, if the said (A.) and (B.), or either of them, or the heirs executors or administrators of them, or either of them, shall immediately upon such refusal repay unto the said (obligee), his executors, administrators or assigns, the sum of £

being one (INSERT proportional part) part of the said purchase moneys,

together with interest for the same at the rate of 51. for every 1007. by the year, from the day of such refusal to the day on which such repayment shall be actually made, THEN the abovewritten bond to be void, otherwise to continue in full force and virtue.

No. XVI.

BOND BY A TENANT FOR LIFE, WHO HAS GRANTED A LEASE
FOR FOURTEEN YEARS, THAT IN CASE OF HIS DECEASE
DURING THE TERM, THE REVERSIONER SHALL, UPON THE
LESSEE'S REQUEST, EITHER CONFIRM THE ORIGINAL LEASE,
OR GRANT HIM A NEW LEASE OF THE PREMISES, TO ENDURE
AS LONG AS THE ORIGINAL TERM, AND UNDER THE SAME
RENT AND COVENANTS.

Recital of lease.

That lessor

being only

entitled to a life estate,

1. Recital of lease.

2. That lessor being only entitled to

a life estate, unless the rever

lessor will pay a specified sum as liquidated damages.

sioners shall confirm the lease, 3. Condition.

[INSERT exordium, ut ante, No. II., clause 1, p. 532.]

1. WHEREAS by indenture of lease bearing even date herewith, but executed previously, and made between the above-bounden (obligor) of the one part, and the above-named (obligee) of the other part, the said (obligor), in consideration of the rents and covenants thereinafter reserved and contained on the tenant or lessee's part, demised ALL, &c. [DESCRIBE parcels], TO HOLD the same unto the said (obligee), his executors, administrators and assigns, from the 29th day of September then last, for the term of fourteen years, at the yearly rent of 85l., payable quarterly, as therein mentioned.

2. AND WHEREAS the said (obligor) being entitled to the said premises during the term of his life only, and not being empowered to grant any leases to endure for a longer period, any lease granted by him must necessarily determine upon his death, it hath been the lease, lessor agreed, as an indemnity to the said (obligee), that if at the time of

unless the reversioners shall confirm

No. XVI.

Bond by a

Fourteen Years.

will pay a

the decease of the said (obligor) the person or persons then entitled to the said premises, or to the immediate reversion thereof, shall not, at the request of the said (obligee), his executors, administra- Tenant for Life tors or assigns, confirm the said herein before recited lease, or granta Lease for a new lease of the said premises unto the said (obligee), his executors, administrators or assigns, for such further time as will com- specified sum plete the said term of fourteen years therein, at the same rent and as liquidated under the same covenants as in such recited lease are reserved and contained, THEN the said (obligor), his executors or administrators, shall and will forthwith pay unto the said (obligee), his executors, administrators or assigns, the sum of £ , by way of liquidated damages, for the loss of the residue of the said term of fourteen years in the said demised premises.

damages.

3. Now THE CONDITION of the above-written bond is such Condition. that if, at the time of the decease of the said (obligor), the person or person who shall be then entitled to the immediate reversion of the said premises expectant thereon, shall, at the request of the said (obligee), his executors, administrators or assigns, confirm the said herein before recited lease of the same so granted by the said hereinbefore recited indenture bearing even date herewith, or grant a new lease of such premises for such further term as will complete the said term of fourteen years, at the same rent and under and subject to the same covenants as in such hereinbefore recited indenture of lease are reserved and contained; OR, in case the person or persons so entitled to the immediate reversion of the said premises as aforesaid, shall not, at the request as aforesaid, confirm the said original lease, or grant a fresh lease of the said premises for the residue of the said term, at the same rent, and subject to the same covenants as aforesaid, and the heirs, executors or administrators of the said (obligor) shall pay unto the said (obligee), his executors, administrators or assigns, the said sum of THEN and in either of such cases, the above-written bond to be void, otherwise to continue in full force and virtue.

£