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When Recorded Mail to:__________________________________________________________________________________________________________________________________________________________________________________________________________________________________ DEFAULT of OBLIGOR DEMAND FOR PAYMENT FROM GUARANTOR NONPAYMENT of PROMISSORY NOTE PN7 __________________________________________________________________________________________NOTICE:To Guarantor ___________________________________________________________Address ______________________________________________________________________________________________________________________City/County/State/Zip BY INSTRUMENT DATED _____________________________, you guaranteed payment to the undersigned Obligee, at maturity, of a promissory note in the principal amount of $_____________________________ with interest at the rate of ______% per annum, the said note made by Obligor, on _____________________________. The note was due on _____________________________ and has not been paid.Demand is made on you for payment of $_____________________________, representing the principal amount of the note plus accrued interest to date in the amount of $_____________________________. If full payment has not been received within __________ days after your receipt of this notice and demand, collection proceedings against you will be initiated.___________________________________________________________ Date_____________________________Obligee

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