DEMAND ON GUARANTOR

Date:

To:

Re:

Please be advised that the undersigned is the Holder of your guaranty dated

__________,20___on wherein you guaranteed the debt owed us by

____________________ as evidenced by a certain promissory note dated

_________,20__.

You are hereby advised that payments on said debt are in default.

To date the outstanding principal balance and accrued interest is

$_________.

Therefore, demand is hereby made upon you to honor said guaranty which

requires that you pay the sum of ____________, forthwith.

Very truly yours,

__________________________