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PAYMENT GUARANTEE BOND NO. EFFECTIVE KNOW ALL MEN BY THESE PRESENTS, that of, as Principal (hereinafter called PRINCIPAL) and, as Surety (hereinafter called SURETY) are held and firmly bound unto
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Know all men by is a formal legal phrase often used in documents to introduce a statement or declaration, typically implying that the following content is important and should be acknowledged.
Individuals or entities involved in certain legal proceedings, such as property ownership or contractual agreements, may be required to include a 'know all men by' statement in their documents.
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The purpose of a 'know all men by' statement is to provide clarity and establish a formal record of an agreement, obligation, or legal relationship between the parties involved.
Information that must be reported includes the full names of the parties, the nature of the agreement or claim, dates, and any specific terms or conditions applicable.
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