EQUAL INSTALLMENT BOND

I, SK, s/o Mr. JN, r/o . have borrowed a sum of Rs from Mr. RP s/o Mr. GR, r/o ...

I hereby promise to pay the said sum in twelve equal installments of Rs..each by first week of every month along with interest @ 18% per annum.

I hereby agree that in case of failure on my part of pay any one installment the whole amount along with interest shall become payable at once.
Witnesses:
1. Name 

Address. (Signature of 
(SK)
2. Name.

Address..