PERSONAL
GUARANTEE
We,
_____________ and _______________, residing at ____________________ and
_________________________(hereinafter Guarantors), do hereby personally
guarantee the performance of ____________________ with regard to an agreement
(hereinafter Agreement) by and between ________________ and __________________
(a copy of said Agreement being attached hereto as Exhibit A).
In
the event that ______________ fails to make any payment to ______________, or
fails to perform in any manner with regard to said Agreement between the two
entities, the Guarantors do hereby promise to make all payments to
____________________ in the same manner as if they were the principals of said
Agreement.
And
furthermore, the Guarantors do hereby authorize and empower any attorney of any
court of record of the state of ______________ or elsewhere to appear for and
to enter judgment against us, or any of us, in favor of _______________ for any
sums due under the Agreement plus interest with costs of suit, release of
errors, without stay of execution, and with thirty-three and one-third percent
(33 1/3%) as a reasonable attorney's fee, and the Guarantors hereby waive and
release all benefit and relief from any and all appraisement, stay or exemption
laws of any state now in force or hereafter to be passed.
IN
WITNESS WHEREOF, this personal guaranty is entered into this day of ___________
(month & day), ___ (year).
_________________________________ ____________________
Signature
Date
_________________________________ ____________________
Signature
Date
