FORM LL

Prepared by me

……………………………………………

CONVEYANCER

……………………………………………

(State full name and surname in block letters)

.........................................

(Disclose Legal Practice Council Membership Number)

SURETY BOND

Know all men whom it may concern:—

That ……………………………………….. appeared before me, the ……………………………. at ………………………………he being duly authorised thereto by a power of attorney dated a …………………………..... on ..................................... and granted to him by (here describe the surety) which power of attorney has this day been exhibited to me. And the Appearer declared that,

Whereas (here describe the principal debtor) (hereinafter called the principal debtor) is truly and lawfully indebted in the sum of ……………………………. (.....................................) together with the sum of ............................. (..............) as a preferent charge for costs and other matters to and on behalf of (describe the mortgagee) arising from and being ……………………………….. as security for which indebtedness the said principal debtor has registered Mortgage Bond No…………………….., dated ………………….................. in the Deeds Registry at ……………………………….. over the property thereby especially hypothecated.

And whereas the said ……………………………….. has agreed to bind himself as surety and co-principal debtor for the due payment of the aforesaid sum and interest thereon and for the compliance with all the terms and conditions of the aforesaid principal bond, mortgaging as security for the fulfilment of the said obligations the hereinafter-mentioned property.

Now therefore, the appearer declared his principal, the said ………………………………. to be truly and lawfully indebted and held and firmly bound to and on behalf of ……………………………………….in the sum of ……………………………………..arising from the considerations aforementioned under renunciation of the legal exceptions …………………………….. with the force and effect whereof he declared his principal to be fully acquainted together with the sum of .................................. (...............) as a preferent charge for costs and other matters as more fully set out in the said principal bond.

And the appearer hereby bound his principal to pay or cause to be paid to the mortgagee or other bolder of this bond, his heirs, executors, administrators or assigns, the said principal sum of …………………………………………… with such interest as may from time to time become due and payable thereon in terms of the principal bond, and for the proper performance of the terms thereof the appearer q.q. declared to bind specially as a ……………………………………… mortgage (describe the property).

And the appearer q.q. declared it to be a special condition of this bond that should the principal debtor fulfil all his obligations under the said principal bond by payment of all the sums due thereon by way of capital and interest and comply further with all the terms and conditions of the aforesaid bond this bond shall become null and void.

In witness whereof I, the said Registrar, together with the appearer, have subscribed to these presents, and have caused the seal of office to be affixed thereto.

Thus done and executed at the office of the ………………………… at ...................................... on this …………………….. day of ……………………………….. in the year of Our Lord, One thousand Nine hundred and …………………………………………(19…………………….).

……………………………………………….

Appearer q.q.

(Add a registration clause approved by the Registrar)

In my presence:

……………………………………………….

Registrar of Deeds

(Rand Townships Registrar)

[Footnote inserted by section 4(f) of Notice No. R.884, GG43614, dated 14 August 2020]

[Form LL substituted by section 4(a) of Notice No. R.884, GG43614, dated 14 August 2020]