[l-Date]
To:
[r-Name]
[r-Address]
From:
[s-Name]
[s-Company]
[s-Address]
[s-Phone]
RE: [s-Reference]
Dear [r-FName]:
FOR GOOD AND VALUABLE
CONSIDERATION, and as an inducement for [s-Company], to extend credit to [r-Borrower],
the undersigned jointly and severally and unconditionally guaranty to Company
the prompt and full payment of all sums now or hereinafter due Company from
Borrower.
And the undersigned agree to remain
fully bound on this guaranty notwithstanding any extension, forbearance, or
waiver, or release, discharge or substitution of any collateral or security for
the debt. In the event of default, the Company may seek payment directly from
the undersigned without need to proceed first against the Borrower.
This guaranty shall be binding upon
and inure to the benefit of the parties, their successors, assigns and personal
representatives.
Signed under seal this [s-SignDate].
___________________________ ____________________
Signature Date
___________________________ ____________________
Signature Date