Lease Agreement With Notice Template (Page 5 of 5) in pdf

Lease Agreement With Notice Template Page 5

AGREEMENT OF PERSONAL GUARANTY

ATTACHED TO AND MADE PART OF THE LEASE AGREEMENT

DATED

, 20___ BETWEEN

(“LANDLORD”) AND

(“TENANT”)

The undersigned “Guarantor,” in consideration of the making of the foregoing Lease Agreement

between Tenant and Landlord, does hereby unconditionally guarantee the payment of the rent by the

Tenant and the performance by Tenant of all the financial duties and obligations under the Lease

Agreement.

It is recognized and agreed that this Agreement of Guaranty by Guarantor is a substantial part of the

consideration for the signing of the Lease Agreement by Landlord and that the Lease Agreement

would not have been signed by Landlord without the agreement of Guarantor to sign this Guaranty

Agreement.

Guarantor also agrees that Landlord is not first required to enforce against Tenant or any other person

any liability, obligation or duty guaranteed by this Agreement before seeking enforcement thereof

against Guarantor. A lawsuit may be brought and maintained against the Guarantor by Landlord to

enforce any liability, obligation or duty guaranteed by this Agreement without the necessity of joining

the Tenant or any other person in the lawsuit.

It is expressly agreed and understood that Guarantor additionally and unconditionally guarantees the

performance under the Lease of

(TENANT).

EXECUTED to be effective as of the

day of

, 20__.

GUARANTOR:

Name:

ADDRESS:

PHONE NUMBER:

SOCIAL SECURITY NUMBER:

1202781v2

Lease Agreement With Notice Template Page 5