DIY Legal Forms

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Guaranty Agreement


FOR CONSIDERATION RECEIVED, and as further incentive for ________ [Name], residing at ________ [Address], hereinafter referred to as "Creditor", to advance credit to ________ [Name], residing at ________ [Address], hereinafter referred to as "Borrower", the undersigned ________ [Name], residing at ________ [Address], hereinafter referred to as "Guarantor", jointly and severally guarantee complete and timely payment of the liability that the Borrower owes to Creditor. That liability is as follows:

[Describe Liability]

Upon nonpayment by the Borrower of a payment properly due and owing to the Creditor, the Creditor may move against the Guarantor without the need to move first against the Borrower.

Furthermore, the Guarantor shall continue to be obligated on this guaranty until it is revoked in writing by the Creditor and the Guarantor is released by the Creditor.

Any and all notices, demands, or other communications required or desired to be given hereunder by any party shall be in writing and shall be validly given or made to another party if personally served, or if sent by U.S. Mail, certified or registered, return receipt requested. If such notice or demand is served personally, notice shall be deemed constructively made at the time of such personal service. If such notice, demand or other communication is given by mail, such notice shall be conclusively deemed given five days after if sent by U.S. Mail addressed to the party to whom such notice, demand or other communication is to be given as follows:

If to the Borrower:
[street address]
[city, state, zip]

If to the Creditor:
[street address]
[city, state, zip]

If to the Guarantor:
[street address]
[city, state, zip]

Any party hereto may change its address for purposes of this paragraph by written notice given in the manner provided above.




State of ________)

) SS.:

County of________)

On ________, before me, ________, Notary Public, personally appeared ________, who proved to me on the basis of satisfactory evidence to be the person(s) whose names(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies) and that by his/her/their signatures on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.

I certify under the PENALTY OF PERJURY under the laws of the State of _________ that the foregoing paragraph is true and correct.

WITNESS my hand and official seal.


Name of Notary

Notary Public

My Commission Expires