Application For Residency - Malibuusf (Page 2 of 4) in pdf

11711 N. 50th Street Tampa. Florida. 33617 Leasing # 813-988-8777 Fax# 813-899-4877

Lease Rental Payment Guarantee

Guaranty made the date set forth below by the undersigned who resides at the address indicated below, hereinafter

referred to as Guarantor, to Malibu Apartments, hereinafter referred to as landlord:

Recitals

Landlord has agreed to lease the premises described below to the person named below as Resident conditioned on

Guarantor's giving security for payment of rent and performance of the lease with the Resident in the form of this personal

guaranty. In consideration of landlord's entering into lease with the Resident and the Guarantor agrees as follows:

Statement of Guaranty

Guarantor guarantees, unconditionally, payment of rent and all other costs, expenses and charges, including

attorney's fees, under any lease entered into with the Resident pursuant to the terms of the lease. If Resident

defaults in the payment of any installment of rent, Guarantor shall assume all liability and pay the amount of such

installment or the accelerated balance at the option of landlord, within ten (10) days after the notice of the default

and demand for payment mailed to the Guarantor's address set forth below. Guarantor's liability under this

guaranty shall not be affected by the reason of any extension of time for payment of any installment granted by

landlord to Resident or by reason of any consent to sublease given by landlord at Resident's request.

Duration

This guaranty may not and shall not be revoked during the initial term of the lease. If the lease is renewed, even if on

different terms, this guaranty shall remain in full force until receipt by landlord of written notice of revocation from

Guarantor.

Attorney Fees, Costs and Interest

Guarantor agrees to pay landlord's attorney's fees and expenses in the enforcement of the lease and this guaranty prior to

and subsequent to judgment and in any and all trial and appellate tribunals, whether suit be brought or not, after default.

All amounts due hereunder shall bear interest at the highest rate allowed by law from the date of default until paid. This

guaranty is to be performed in Hillsborough County, Florida and any action based on this instrument shall be brought in

the appropriate court located in that county and in no other court.

Application For Residency - Malibuusf Page 2