EQUAL INSTALLMENT BOND

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

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

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

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

Address..