DEMAND ON GUARANTOR
Date: ___________________
To: _______________________
Re: _______________________
Please be advised that the undersigned is the Holder
of your guaranty dated ______
_______(month & day),______ (year) wherein you
guaranteed the debt owed to us by _______________________ as evidenced by a
certain promissory note dated ______
________(month & day),______ (year). You are hereby advised that payments on said
debt are in default. To date, the
outstanding principal balance and accrued interest is _______________ (amount)
($________). Therefore, demand is
hereby made upon you to honor said guaranty which requires that you pay the sum
of _______________ (amount) ($________) forthwith.
_______________________________
__________________
Signature
Date
