Individual Continuing Personal Guaranty Form printable pdf download

INDIVIDUAL CONTINUING PERSONAL GUARANTY

Date: ____________________________

TO: (Creditor Company Name), including all divisions, subsidiaries and affiliates thereof.

I,_________________________________________and__________________________________________

(Principal)

understand that after having my credit request evaluated (increased), for and in consideration of your

extending credit at my request to

_______________________________________________________________________________________

(Name of Company)

(hereinafter referred to as the “Company”), of which I am the______________________________________

(Title)

hereby personally guarantee payment of all indebtedness now and hereinafter owing by the Company,

whether an individual, partnership, corporation, or other. In consideration of extending credit, I/we, the

undersigned, hereby individually and personally guaranty to pay all sums of money that, at any time

hereinafter, become due, whether said indebtedness be in the form of notes, bills, open accounts, or any other

form. Guarantor(s) also agree(s) to pay all service and interest charges of 1 ½% per month, together with

attorney fees, collection costs, and court costs. Cancellation of this continuing irrevocable personal guaranty

must occur by serving notice via certified mail, return receipt requested, (Creditor Company Name and

Address, Attn: Credit Manager).

Please Print

1) Name __________________________________________________________

2) Home Address___________________________________________________

___________________________________________________

3) Res. Telephone #________________________ SS#_____________________

1) Name __________________________________________________________

2) Home Address___________________________________________________

___________________________________________________

3) Res. Telephone # ________________________ SS# ____________________

__________________________________________________________________

Signature of Principal (Guarantor)

__________________________________________________________________

Signature of Principal (Guarantor)

__________________________________________________________________

(Seal)

Witness (Notary)

__________________________________________________________________

Date

*THE MAXIMUM AGGREGATE LIABILITY OF EACH GUARANTOR IS $_______________________

*THIS PERSONAL GUARANTY WILL EXPIRE ON (Date) _____________________________________

*These are extra provisions required by the State of Kentucky.

Individual Continuing Personal Guaranty Form