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<br />82w. t~tJ2F346
<br />G U.z1:~ANTY
<br />2. Richard L. Alderson, joined ~"rity wife, sharon L, Alderson, t~reby-request Five
<br />lints Bank, l~reiraafter called the "Barak" to give and contfl.nue to give cz'edit to
<br />Must ratings, Irc. and in cansideration of all aru3 any stix;h creca.t given, I
<br />hereby unconditionally guarantee arcanpt payment to the Barilc when due, of any and
<br />all :rtes at any t:.me made ix said debtor to said bank and any realewal ar xenewa2s
<br />thereof, together with any other ikedness {row existing ar hereafter ncurre3)
<br />of said debtor t, said Bank arising fxcm bozznwirags ovezdrafts, notes dismounted
<br />' or otherwise. The Bank shall. rrt be ,required bo first P against the;deberar on
<br />any cost due obligation, this f ranty being atasolute -in r~stx~ct to- psr~nPt 'AaYni=nt-
<br />~tny and all rerae++als, ex~~ensions, anodificatans, n- alterat?;ons of any indebtedness
<br />or obligatior, of the Guaranteed ~ the Sank, are e~ressly mar3e t~Cn the faith arx3
<br />edit of this Gl3arant}', and are tr,e oonsideratian far the extension of this Guaranty.
<br />`'~' Lability raerein sha11 rot exceed 'T'hree Htux~red Thousand Ibllars {S3QC,(~04.00) ,
<br />although the *xntes, ~->c?ebtedness or liability of said ciebtx~r'to the r7~ink may exceed
<br />said armunt; a:xl the 3anic ^aay,wi.thautraotice ~ me elc~--t ttae specific r:ctes, indebt-
<br />ed-aess or liability this Guaranty shall apply to ard,fztun time ~c r~cie :ray change its
<br />election.
<br />I charge :ay .separate property which I now own aracl all whicY: I ray !t~reafter aa7uire
<br />grad ail rry interest is_ all ca*me~zai.ty ;nzc7per~ty in which I now: bare or -ay haL-e a-a i.n-
<br />terest or of which I '_~ave the macaaganent, ccintrol or disposition and.:ra:Ke this Guaranty
<br />with referecxae ~ and or. t_}r_ `at3: anc3 crc~t of all :z;y separate 3r~ ca~arminity pr-cperty
<br />which I now awn cr :;ay hereafter ac~aire grad. ncLudinq all procerty which I may own in
<br />~mrota ar ,Joint "~nan."y and 4rith t1-ae .nterat to charge t2ae same with tte payment hereof.
<br />Specifically, I ;-~r-~, assign as secrn^ity for: this Guaranty all of'the right, titre and
<br />interest which I ha~~e ~.n and. ~ the real. estate set forth in the attached F~ab;_t y,
<br />which is a photc~upy of an "Agee-~.nt and i3ption", to said f'i:ve Points Basic. L: the
<br />event that Five Ebints Bank mixes d upon-.me p~:rsaaant to: this C1~rahty, hc.n ` ~ -
<br />then agree to ~i.rcise :ry option ts~ sell pursuant ~ said "Agreement' grad Option" and I
<br />furtlLr assign tc said Fi.~e lints Basic 31.1 of the azet pmc~eds which I receive frcrl
<br />sale of the real. property :?escri:k~ci iz: said !-~thibit ..
<br />I hereby waive notice of the acceptance of this Guaranty and of the giving of credit
<br />fruit tine to tine; arr3 consent b a:rv n,naF;er of ex~.,ensions car renewals o :iny ::ote, ir,-
<br />debtec~aess or liability for any pericrly c.~itheut noric~ tc me, and waive notice of no7;-
<br />i~Y~nt o£ the sane and :°ray resewa;.s tiacr~.f.
<br />'t'he Bank is authorized to :rcxiif}~ any agrc-~re~tg =eoard.ing collateral wi`.'tout Limita-
<br />tion, and may sell, exctamge, cancel, release, su~rerxjer, realize upon ax otha_rwise
<br />dE~ai mortis in any mariner and in any ordP~ ail or any i>ar; of the ~13aUeral, s~~c.~uity
<br />and pLnperty pledged to secarc the L;_edness, and s~~cii r;ndifications of agrr_~merts
<br />ar such dealings with collateral, securibf or pra~pe.:ty s:aa11 rot i.;par, :P.-Vanish or
<br />affect in any manner the lability of the. :'•Y~rsigraed. The isank is ,-.a~'iea:^ no obligation
<br />tD first resort ~ or extaaust its ramdiea. against the debtor or any other persc7ns, or
<br />m resort ip ar exhaust its remedies agairis arty collateral. securit}' ar p.roper*_y
<br />~rlatyoever.
<br />'17ais ~saranty shall ~ntinve indeZinitely and nothing sl-,ali ;~f°~t my Arability
<br />exa.'ept recezpt by r~ae Eiank of written> nptice from me of the discontinuance trereof, or
<br />rotice of mf death, but ternainatian shall a~ot affect tiro existing obliga*ions, and
<br />in the event of MY death, my aialigaticros Gtwl , mntirue is fu) 1 force and effect
<br />against m!' estate; and my liability in respect r1-ieretn shall mntinue although such
<br />notes, i.radebtecUaess or 2iabili*_y may, from time to tine, be ext~njeci or renewtci.
<br />'I'bis GUazanty shall raol• be affected icy the death ar disability of'anY a~-gayarantnr
<br />and th[a release by figs Bank of any yuanat~or from father liability tv the Back: ;-uxiez'
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