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DEMAND ON GUARANTOR

Date:

To:

Re:

Please be advised that the undersigned is the Holder of your guaranty dated __________,20___on wherein you guaranteed the debt owed us by ____________________ as evidenced by a certain promissory note dated _________,20__.

You are hereby advised that payments on said debt are in default.

To date the outstanding principal balance and accrued interest is $_________.

Therefore, demand is hereby made upon you to honor said guaranty which requires that you pay the sum of ____________, forthwith.

Very truly yours,

__________________________

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