N.M. Stat. § 42-8-6
Replevin bond; when filed; parties; conditions.
The plaintiff shall before the execution of the writ enter into bond with sufficient
sureties, to the officer to whom the writ is directed, in double the value of the property,
conditioned on the prosecution of the suit with effect and without delay and that he will
without delay make return of the property if a return is adjudged, keep harmless the
officer and pay all costs that may accrue.