| I, ,,,,RESIDING AT FOR AND IN |
| CONSIDERATION OF YOUR EXTENDING CREDIT TO (NAME OF COMPANY) |
| (HEREIN AFTER REFERRED TO AS THE "COMPANY ")
OF WHICH I AM (TITLE) HEREBY |
| PERSONALLY
GUARANTEE PAYMENT TO GENIE AIR CONDITIONING & HEATING
INC. IN THE STATE OF |
| CALIFORNIA FOR ANY OBLIGATION OF THE COMPANY. I
HEREBY AGREE TO BIND MYSELF TO PAY GENIE
AIR |
| CONDITIONING ON DEMAND ANY SUM WHICH MAY BE DUE BY
THE COMPANY WHENEVER THE COMPANY |
| SHALL
FAIL TO PAY THE SAME . IT IS UNDERSTOOD THAT
THIS GUARANTY SHALL BE |
| A
CONTINUING AND IRREVOCABLE GUARANTY AND INDEMNITY
FOR SUCH INDEBTEDNESS OF |
| THE
COMPANY. I HEREBY WAIVE NOTICE OF
DEFAULT, NON-PAYMENT AND NOTICE
THEREOF, |
| AND CONSENT TO ANY MODIFICATION OR RENEWAL
OF THE CREDIT AGREEMENT HEREIN
GUARANTEED. |
|
|
|
|
|