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Hereby is used in connection with what is present with the speaker or what the speaker has just mentioned or the speaker's present words (i.e. the present document); thereby is used in connection with what is at a distance from the speaker or what has been mentioned by the speaker or by someone else.
When I use hereby, I use it to state what is to be done, not what I 'would like' to do. Thank you owlman5, Yeah you are write about this word scarcity, however I would like to use it in my current employment application.