Personal Guarantee Form 01

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Personal Guarantee Form

I/We, _____________ and _______________, residing at ____________________ and


_________________________ (henceforth Guarantors), do herewith personally guarantee the
due performance of ____________________ with regard to a contract (hereinafter Contract)
between and by ________________ and __________________.

In the event that ______________ fails to make payments to ______________, or fails to


discharge according to the said Contract between the two parties, the Guarantor do hereby
guarantee to make full payment to ____________________ in the same way as if they were
the original entities of the said Agreement.

And likewise, the Guarantor do now empower and authorize an attorney of any court of law
in the state of ______________ or anywhere else to appear for and also enter judgment
against any of us, or both of us. The judgment will be done in favor of _______________ for
any outstanding amount under the Contract plus interest with the release of errors, suit
expenses, without delay of execution. And with thirty and two-thirds percent (33 2/3%) as a
realistic attorney's cost, and the Guarantor now waives and also release all benefits and relief
from all and any appraisement, exemption or stay laws of any state currently in force or
passed in the future.

This personal guarantee is entered into during this day of ___________ day & month), ___
(year) IN WITNESS OF

_________________________________ ____________________

Signature Date

_________________________________ ____________________

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