The Store
The Guaranty Business/Services Section
General Guaranty
 This form provides for a guarantor for the repayment of a debt. This guarantor is, in effect, a co-signer for the obligation. The guarantor agrees that if any of the payments are late or not paid, they will make the payments. The guarantor also agrees to pay any costs of collection if the guaranty is not lived up to. The guarantor also agrees that the guaranty may be enforced without having to first sue the borrower for defaulting on the debt. A mere default by the borrower without any court action will suffice to require the guarantor to make good on the obligation. |
Security Agreement over Deposit Account
| Often when making a loan, the lender may want additional assurance that the borrower will repay the loan. This assurance usually takes the form of collateral, property pledged as security for a debt. To ensure that that collateral is collectible in the case of a default, the parties will enter into a security agreement, an agreement that sets out the rights of the lender with regard to the collateral. This form is designed for situations when the debtor's deposit accounts will serve as the collateral. This form includes special formatting features to assist you in completing the agreement. |