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Demand On Guarantor
DEMAND ON GUARANTOR
[Date]
[First Name of recipient] [Last Name of recipient]
[Company Name of recipient]
[Street Address of recipient]
[State of recipient] [Zip Code of recipient]
Dear [Mr./Mrs. recipient] [Last Name of recipient]:
Please be advised that the undersigned is the Holder of your warranty dated [Date of warranty] on wherein you guaranteed the debt owed to us by as evidenced by a certain promissory note dated [Date of note]. You are hereby advised that payments on said debt are in default. To date, the outstanding principal balance and accrued interest is $ [Total amount due]. Therefore, demand is hereby made upon you to honor said guaranty which requires that you pay the sum of $ [Amount to pay], forthwith.
Very truly yours,
Signature Date