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- UNLIMITED GUARANTY
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- FOR GOOD AND VALUABLE CONSIDERATION, and as an inducement
- for _ [Company], to extend credit to _ [Borrower], the
- undersigned jointly and severally and unconditionally guaranty
- to Company the prompt and full payment of all sums now or
- hereinafter due
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- Company from Borrower.
- And the undersigned agree to remain fully bound on this
- guaranty notwithstanding any extension, forebearance, 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.
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- Signed under seal this _ day of _, 19_.
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- _________________________________
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