Notice To Guarantor
Of Default On Note

Date: _________________

To: ___________________

PURSUANT to the terms of a certain promissory note dated _______________, the borrower has failed to make the required payment. Failure to pay constitutes a default of the Note.

PURSUANT to the Note, the entire amount, including interest, _______________ dollars ($______) is now due and payable. You are the guarantor of the Note. Should you not pay the entire outstanding amount in the following _____________ (__) days, this matter will be forwarded for appropriate collection actions.

Sincerely,

_______________________

Signature and Date

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