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STATEMENT OF GUARANTY
Guarantors guarantee repayment to creditor of a_loan to be made to
debtor in the principal amount of $157,500.00 with interest at 12 1/2
percent per annum on the unpaid balance. If debtor defaults in the
satisfaction of such indebtedness according to the terms of this
promissory note, guarantors will pay to creditor the total amount
due at the time of such default on demand.. Guarantors shall also
pay to creditor on demand reasonable attorney's fees and all costs z
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and other expenses incurred by it in collecting the guaranteed
indebtedness from debtor or in enforcing the guaranty against guarantors.
"Reasonable attorney's fees" includes all appellate attorney's fees.
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