DEMAND ON GUARANTOR Date: ___________________
To: _______________________ Re: _______________________
Please be advised that the undersigned is the Holder of your guaranty dated ______ _______(month & day),______ (year) wherein you guaranteed the debt owed to us by _______________________ as evidenced by a certain promissory note dated ______ ________(month & day),______ (year). You are hereby advised that payments on said debt are in default. To date, the outstanding principal balance and accrued interest is _______________ (amount) ($________). Therefore, demand is hereby made upon you to honor said guaranty which requires that you pay the sum of _______________ (amount) ($________) forthwith.
_______________________________ Signature
__________________ Date