LETTER OF GUARANTEE The letter of guarantee needs to

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					                         LETTER OF GUARANTEE
  The letter of guarantee needs to be on your bank's letterhead.


ADDRESS THE LETTER TO:

Badger Auctioneers Inc
PO Box 247
Theresa, WI 53091

To Whom It May Concern:

Please be advised that____________________________________________ (your bank)

will guarantee checks drawn against ________________________________ (your name)

for the amount of_______________________________ (the amount) on account

___________________________ (your account number).

These checks are for the purpose of purchasing items at the auction on____________ (date).

This guarantee will remain in affect 15 days following the above auction.

If you have any questions please call me directly at ____________________________.



__________________________________________________________
Bank Officers Signature




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