Customer Credit Application Form And Personal Guaranty Page 2

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CUSTOMER CREDIT APPLICATION AND PERSONAL GUARANTY -
PAGE 2
CERTIFICATION AND AGREEMENT
The customer (identified at the beginning of the Credit Application) hereby certifies to Canastota Concrete Co., Inc., d/b/a Binghamton
Ready Mix, Cortland Ready Mix, Inc., W.F. Saunders & Sons, Inc., and/or Saunders Concrete Co., Inc. (hereinafter referred to as
“Saunders”) agrees that: a) full timely payment will be made for all goods purchased from Saunders; b) in the event that any monies
owed to Saunders are not paid in full on or before the date when they are due, then a finance charge shall accrue on said unpaid amount
at the rate of one and one-half percent (1.5%) thereof per month until said sums are paid in full; c) the Customer hereby grants to
Saunders a security interest in and upon all Customer's inventory, equipment and accounts, and all proceeds thereof, whensoever
acquired, in consideration of and to secure the repayment of any and all monies owed by the Customer to Saunders now or at any time
hereafter, and Saunders may file financing statements recording this security interest; d) the Customer shall reimburse and indemnify
Saunders for any and all expenses or disbursements incurred by Saunders in or for the collection of any monies owed to Saunders for
the enforcement of any rights held by Saunders including, without limitation, reasonable attorneys' fees, court costs and other collection
costs; e) all information contained on the credit application is correct and accurate; f) the credit terms applied for are fully understood
and g) Saunders is hereby granted permission to check Customer's credit with any listed trade references and/or any appropriate credit
reporting agencies.
Date:
PRINT CUSTOMER NAME AND TITLE
Signature:
PERSONAL GUARANTY
In consideration of the extension of credit by Canastota Concrete Co., Inc., d/b/a Binghamton Ready Mix, Cortland Ready Mix, Inc.,
W.F. Saunders & Sons, Inc., and/or Saunders Concrete Co., Inc. (hereinafter referred to as “Saunders”) to the Customer (identified at
the beginning of the Credit Application) and of said Customer's indebt ness to Saunders, the Undersigned hereby unconditionally
guarantees the immediate payment when due of all monies owed at any time by said Customer to Saunders. The obligation of the
Undersigned shall not be terminated or changed in any aspect not withstanding any circumstances or occurrence whatsoever which
otherwise might terminate or change the obligation of the Customer. The Undersigned hereby consents and agrees to all of the terms
and provisions of the above “Certification and Agreement” as if fully set forth herein. Without limitation of the foregoing, the
Undersigned also unconditionally guarantees the payment by the aforesaid Customer to Saunders of any and all finance charges,
attorneys' fees and collection costs. The Undersigned shall be personally obligated and liable hereon regardless of the inclusion
hereunder of a corporate name or office. The term “Undersigned” shall mean each person whose signature appears below regardless of
number or gender.
Date:
Signature
Signature
Signature
Print Name
Print Name
Print Name
Social Security Number
Social Security Number
Social Security Number
Address
Address
Address
City, State & Zip
City, State & Zip
City, State & Zip
PLEASE RETURN ORIGINAL APPLICATION TO: P.O. BOX A~ NEDROW, NY 13120
FOR OFFICE USE ONLY
by
on
/
/
Approved or Rejected
$
Limit:
.00

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