Printable Contracts

   Bond Release

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BOND RELEASE

This agreement is hereby made between {Party 1} (hereafter referred to as "Party 1,") and {Party 2} (hereafter referred to as "Party 2").

Whereas Party 1 paid a bond of {amount} to Party 2 on {date} for {purpose}, the following condition(s) effectively end the contract signed on {date}:

{Date is up, loan is paid, property is returned, etc.}.

Party 2, therefore, agrees now to pay Party 1 the full amount, less {amount} for {damages, interest, etc.}.

Party 2 hereby holds harmless, indemnifies, and releases Party 1 from any further debts, liens, interests, or payments.

_________________________________________
(Party 1 Signature)

_________________________________________
(Party 2 Signature)

_________________________________________
(Date)

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