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Form #1350

PERSONAL GUARANTEE

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PERSONAL GUARANTEE

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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



 
Contributed by
AAA, LLC
 
Total Forms Contributed 69
 

See All AAA, LLC's Forms
 

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Terms Of Use

Submissions to this site, including any legal or business forms, posts, responses to questions or other communications by contributors are not intended as and should not be construed as legal advice. You are strongly encouraged to consult competent legal council before engaging in any action based upon content contained on this site.

These downloadable forms are only for personal use. Retransmission, redistribution, or any other commercial use is prohibited. This includes reposting forms from this site to another site offering free legal or other document forms for download.

Please note that the donator may have included different usage terms regarding this form, and you agree to abide by these terms. It is highly recommended that you have a licensed attorney review any legal documents for which you are searching in order to make sure that your needs are being properly and completely satisfied.

Your use of this site constitutes your acceptance of our terms of use and your agreement to hold this site, its officers, employees and any contributors to this site harmless for any damage you might incur from your use of any submissions contained on this site. If you do not agree to the above terms, please do not proceed.

These forms are provided to assist business owners and others in understanding important points to consider in different transactions. They are offered with the understanding that no legal advice, accounting, or other professional service is being offered by these documents or on this website. Laws vary in the different states. Agreements acceptable in one state may not be enforced the same way under the laws of another state. Also, agreements should relate specifically to the particular facts of each situation. Therefore, it is important to consult legal counsel whenever utilizing these forms. The Forms are not a substitute for legal advice YourFreeLegalForms.com is not engaged in recommending or referring members on the site or making claims about the competence, character or qualifications of its participating members.
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