GUARANTY
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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