In order to induce WCMS to extend credit to Promisor, the undersigned “Guarantor” personally, absolutely, and unconditionally guarantee to Promisor the prompt payment of any obligations of the Promisor under the Credit Agreement. The amounts covered by this Personal Guarantee include but are not limited to rent, damages, accrued interest, collection costs, and attorney fees. Guarantor, with this, agrees to pay all costs associated with enforcing this Personal Guarantee, including but not limited to court costs, collection agency charges, and attorney fees.
The Guarantor hereby waives protest of any such obligations, a notice of the acceptance hereof, a statement of any transactions, a notice of default, and notice of or consent to the modification, an extension of time, release, action, or inaction concerning the obligations. The Guarantor understands and agrees that Lessor need not seek performance, payment, or collection from the Lessee before seeking payment or collection from the Guarantor.
BY SIGNING BELOW, I REPRESENT AND WARRANT I HAVE READ AND UNDERSTAND THE PROVISIONS OF THIS PERSONAL GUARANTEE. I UNDERSTAND THIS TO BE A PERSONAL OBLIGATION, AND I AGREE TO BE BOUND AS A RESULT OF THIS.