No. XVII. BOND BY A PURCHASER TO A VENDOR OF AN ESTATE Of agreement that purchaser 1. Recital of will, devising the pro- 3. devised premises, and convey. ance to purchaser. Of agreement that purchaser shall retain the purchase-money until the infant shall attain twenty-one. 2. Of agreement to sell a portion of 4. Condition. [INSERT exordium from purchaser to vendor, ut ante, No. II., clause 1, p. 532.] 1. WHEREAS (testator), late of, &c., deceased, by his last will dated on or about the day of devised all his real estates unto and to the use of the said (vendor), his heirs and assigns for ever, subject nevertheless to the payment of the sum of 300l. to (legatee), to be paid to him on his attaining the age of twenty-one years. 2. AND WHEREAS the said (vendor) some time since contracted to sell a portion of the said real estates to the said (purchaser), and which, by an indenture of grant and release bearing even date herewith, hath been conveyed to the said (purchaser) accordingly. 3. AND WHEREAS the said (legatee), being still an infant under shall retain the the age of twenty-one years, that is to say, of the age of fifteen No. XVII. Bond by a Purchaser to a Estate. years, or thereabouts, it has been agreed that the sum of 3007. shall be retained by the said (purchaser) until the said (legatee) shall attain the full age of twenty-one years, for the purpose of Vendor of an discharging the said legacy of 3007. so bequeathed to him, and charged upon the real estate of the said (testator), deceased, as purchase money aforesaid, and that the same should stand charged upon the said shall attain purchased premises until such actual payment shall be made. until the infant twenty-one. 4. Now THE CONDITION of the above-written bond is such Condition. that if the above-bounden (purchaser), his heirs, executors or administrators do and shall well and truly pay or cause to be paid unto the said (legatee) the said sum of 3007. sterling; OR, in case of his decease under that age, the said (purchaser), his heirs, executors or administrators do and shall, within three calendar months after the decease of the said (legatee), well and truly pay or cause to be paid unto the said (vendor), his executors, administrators or assigns, the said sum of 3007.; AND ALSO, if the said (purchaser), his heirs, executors or administrators do and shall, so long as the said sum of 300l. shall remain unpaid, and until the same is actually paid, well and truly pay or cause to be paid unto the said (vendor), his executors, administrators or assigns, interest on the said sum of 3007., at the rate of 47. for every 100l. by the year, THEN the above-written bond to be void, otherwise to remain in full force and virtue. No. XVIII. BOND FROM AN EXECUTOR TO INDEMNIFY A BOND DEBTOR 1. Recital of bond given to testator. the executor agrees to indemnify the debtor upon his discharging such principal moneys and interest. 4. Of payment of principal moneys and interest. 3. That principal moneys, together Recital of bond given to testator. Of death of testator; his the [INSERT exordium, ut ante, No. II., clause 1, p. 532.] 1. WHEREAS by a certain bond in writing, dated on or about under the hand and seal of the said (obligee), day of و the said (obligee) became bound unto the said (obligor's testator) in 2. AND WHEREAS the said (obligor) died on or about the will, and the day of probate thereof. , having duly made his last will, dated on or about the day of and appointed the said (obligee) sole executor thereof, who duly proved the same in the Prerogative Court of the Archbishop of Canterbury on or about the of day No. XVIII. still remains 3. AND WHEREAS the said principal sum of £ due and owing upon the security of the said recited bond, together with the sum of £ for an arrear of interest, Bond from an Executor to indemnify a Bond Debtor who pays off a Bond Debt due to the Testator, such Bond and the said having been lost or mislaid. That principal moneys, amounting altogether to the sum of £ (obligor), as the executor of the said (obligor's testator), having called upon the said (obligee) to pay the same, and the said recited bond having been either lost or mislaid, the said (obligor) hath agreed, upon receiving the principal moneys and interest due upon the same, to indemnify the said (obligee) in manner herein- bond, which after mentioned. together with an arrear of interest, are still due on the having been either lost or mislaid, the executor indemnify the 4. AND WHEREAS the said (obligee) hath this day paid the said agrees to sum of £ unto the said (obligor), in full satisfaction and debtor upon his discharge of all the principal moneys and interest due and owing such principal discharging upon the said recited bond, as the said (obligor) doth hereby moneys and acknowledge and declare. interest. Of payment of principal moneys and 5. Now THE CONDITION of the above-written bond is such interest. that if the above-bounden (obligor), his heirs, executors or admin- Condition. istrators, or the executors or administrators of the said (obligor's testator), deceased, do and shall, in case the said bond shall at any time hereafter be found, deliver up the same unto the said (obligee), his executors, administrators or assigns, in order that such bond may be cancelled, and the said (obligee), his heirs, executors and administrators, be thereby effectually released from the payment of all the principal moneys and interest secured thereon. AND ALSO, if the said (obligor), his heirs, executors or administrators, do and shall from time to time, and at all times until the said bond shall be so found as aforesaid, well and sufficiently protect, save harmless and keep indemnified the said (obligee), his heirs, executors and administrators, and his and their lands and tenements, goods and chattels, of, from and against the said bond, and all principal moneys and interest thereby secured as aforesaid; and also, of, from and against all actions, suits and other proceedings whatsoever, both at law and in equity, which shall or may at any time or times be brought or prosecuted against the said (obligee), his heirs, execu No. XVIII. Bond from an tors or administrators, and of, from and against all costs, damages and expenses which he or they shall or may bear, sustain, incur or be put to, for or on account of the said bond, or the principal moneys and interest thereby secured, or any act, matter or thing Bond Debt due relating thereto, THEN the above-written bond to be void, otherwise to continue in full force and virtue. to indemnify a Bond Debtor who pays off a to the Testator, such Bond having been lost or mislaid. |