Indemnity to be submitted with release deed

What is purpose of submitting "Indemnity Bond" ? 

Where do you intend to submit the said Bond?

What is the property to be released ?

Neither facts nor query is clear.

What do you want to clarify by posting contradicting topics.

What is the indemnity bond going to do with the release deed.

Instead of putting riddles here, you may better revert with more details if you are really serious to know the legal issues involved in this.

Vague query.  Post facts.

My sister has executed release deed in my favour. Now I am applying for membership in Society but Society bearers is asking for indemnity bond on stamp paper along with copy of release deed and membership form. I am not sure which indemnity they are referring to.