GuARANTY of Lease

 

ADDENDUM B
GUARANTY OF LEASE AGREEMENT

 

In consideration of the consent of Landlord entering into the Rental Agreement of

__________________________
Student's Name

and pursuant to the Rental Agreement for the property

_________________________________
Property Address

attached hereto and incorporated, I

_________________________________________________ ,Guarantor,
Parents Name(s)
herein guarantee jointly and severally the payment of all rents, or other monies due or to become due pursuant to said Rental Agreement or any extension thereof and the full performance by said tenant, its heirs, executor, administrators, personal representatives, successors and/or assigns, of all the liabilities and obligations of said tenant under said Rental of said rent and/or other monies due and to perform such other liabilities and obligations said Guarantor hereby agrees upon demand of Landlord herein, and without the necessity for the institution of any action or proceeding against said Tenant to pay such rent or other monies due or to become due and perform other such liabilities and obligations, Guarantor agrees that the obligation shall in no way be terminated affected or impaired by reason of any action which Landlord may take or fail to take against Tenant or by reason of any waiver of, or failure to enforce, any of the rights or remedies to Landlord in said Rental Agreement and all amendments thereto, or otherwise.

In witness whereof, the undersigned Guarantors have executed this Guaranty, in the presence of a

notary, on the ______________________ day of _____________________

___________________________________ _______________________________________
GUARANTOR ADDRESS
___________________________________ _______________________________________
GUARANTOR CITY, STATE, POSTAL CODE
_______________________________________
TELEPHONE AND CELL PHONE
_______________________________________
EMAIL

STATE OF CALIFORNIA

COUNTY OF _______________________} S.S.

On _____________________before me, ______________________,
personally appeared ______________________________________
who proved to me on the basis of satisfactory evidence to be the

person(s) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.

I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct.

WITNESS my hand and official seal.

FOR NOTARY SEAL OR STAMP
____________________________________________
Signature of Notary Public
1411 Marsh Street, Suite 102
San Luis Obispo, CA 93401
805-543-2636  FAX: 805-543-3083
Mailing Address:
21 Santa Rosa Street, Suite 100
San Luis Obispo, CA 93405