Download this form for Assignment of Promissory Note in United States of America
Text version of this Form
FOR GOOD AND VALUABLE CONSIDERATION, and as an inducement for ____________________________ (“Company”), to extend credit to ____________________________ (“Borrower”), the undersigned jointly and severally and unconditionally guaranty to Company the prompt and full payment of all sums now or hereinafter due Company from Borrower.
The undersigned agrees to remain fully bound on this guaranty notwithstanding any extension, forbearance, or waiver, or release, discharge or substitution of any collateral or security for the debt. In the event of default, the Company may seek payment directly from the undersigned without need to proceed first against the Borrower.
This guaranty shall be binding upon and inure to the benefit of the parties, their successors, assigns and personal representatives.
Signed under seal this _________day of _________________, 20___.