INDEMNITY BOND THIS INDEMNITY BOND made and executed in exercise of the executive power of the date this .......... day of ............ 195 BETWEEN THE GOVERNOR OF ANDHRA PRADESH hereinafter called the ("Government" which term shall include his successors in office) of the one part; AND(1) .......... Son of .............. aged .......... years, occupation ............................. residing at ............. AND (2) .................. son of ................ Aged ........ years, occupation .................... Residing at ......... Hereinafter called the "Suretics" (which term shall include their heirs successors and legal representatives) of the other part ; WHEREAS Shri ............ Son of ........ Employee of the ......... Department, Government of Andhra Pradesh who was a subscriber to the Andhra Pradesh Life Insurance Fund (hereinafter referred to as the "Fund") died on..... leaving behind him surviving heirs (sons, daughters, etc.,), (1) .............. (2) ...............(3) ................. etc., AND WHEREAS a sum of I.G Rs................ (in words) was payable to the said subscriber at the date of his death by the fund. AND WHEREAS the said heirs have applied to the Government to pay to him / her / them the said sum of Rs. ................. (in words) and the Government have agree to pay the said sum on his/her/their producing an Indemnity Bond with two sureties. AND WHEREAS we, the above named, have agreed to stand sureties for the said heir or heirs; NOW THEREFORE this deed witnesseth as follows : - 1. That we, the above named Sureties shall indemnify and keep indemnified the Government against all claim, suits, proceedings, actions, costs, charges and expenses, which shall or may be referred, instituted or arise in consequence of the Government paying the said sum of Rs............... (in words), to the said heir or heirs. 2. That we the above named, sureties further declare that if the Government suffers any , we shall make up such loss. In the event of default on our part, the Government shall be at hereby to recover the amount of loss from our person and property under the provisions of the Hyderabad Government Demands Act (IV of 1308 Fasli) or under any other law for the time in force in that behalf. IN WITNESS WHEREOF we, the above, sureties, have affixed our signatures on the date and year herein above written in the presence of the following two witnesses :- WITNESSES : Signature of the first surety. Signature of the second surety.
