FOR GOOD AND VALUABLE CONSIDERATION, and as an inducement for _ (Company), to extend credit to _ (Borrower), the undersigned
jointly1 and severally and
unconditionally2 guaranty to Company the prompt and full payment of all sums now or hereinafter due
Company from Borrower. And the undersigned agree to remain fully3 bound on this guaranty notwithstanding any extension, forbearance, or waiver, or release, discharge or substitution of any collateral4 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 binding5 upon and inure6 to the benefit of the parties, their successors, assigns and personal representatives.
Signed under seal this _ day of _, 19_.
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