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GUARANTY

Guarantee Agreement

GUARANTY | Document Parties: SUN COMMUNITIES INC You are currently viewing:
This Guarantee Agreement involves

SUN COMMUNITIES INC

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Title: GUARANTY
Date: 3/12/2009
Industry: Real Estate Operations     Sector: Services

GUARANTY, Parties: sun communities inc
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GUARANTY

 

 

 

 

 

 

 

 

 

 

TO:

 

21 ST MORTGAGE CORPORATION

 

 

 

 

620 MARKET ST., SUITE 100

 

 

 

 

KNOXVILLE, TN 37902

 

 

In consideration of your extension of credit to Sun Home Services, Inc. ., its successors and assigns (hereinafter called “principal debtor”), whether now outstanding or made in the future, for the financing of goods, wares, merchandise and services, the undersigned guarantor hereby unconditionally guarantees payment of whatever sums said principal debtor shall at any time owe you or any company affiliated with you, whether heretofore or hereafter incurred, including interest, finance charges or service charges thereon, and including reasonable attorneys’ fees and all court costs incurred in collecting each sums; and you shall be under no obligation of due diligence to enforce any claims against the principal debtor or of otherwise exhausting any of your remedies against the principal debtor, any other obligor or any other guarantor, or of enforcing any rights against any collateral for said indebtedness prior to enforcing payment hereunder by the undersigned guarantor.

This guaranty is to take effect without notice of its acceptance, which notice is hereby waived, and is to be continuing guaranty in full force and effect until the effective date of a written notice of revocation delivered to you either personally or by Registered or Certified mail. It is understood and agreed that the effective date of any revocation shall be 90 days after your receipt of such notice, and that such revocation shall not discharge the obligation of the undersigned guarantor with respect to indebtedness incurred by the principal debtor prior to said effective date of revocation.

You are hereby authorized to change the time and manner of payment of any


 
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