And promised as follows:
1. I have carefully read the Loan Guarantee Contract and agree to assume unlimited joint and several liabilities for all the debts of the debtor in the Loan Guarantee Contract and the possible amendments and supplementary clauses in the future. When the debtor encounters the matters agreed in Article 14 of the Loan Guarantee Contract, the creditor does not need to recover from the debtor or other guarantors first, sue or take other measures, and I promise to pay the above money unconditionally to the creditor within five days after receiving the creditor's dunning notice.
2. The scope of this guarantee includes but is not limited to the debtor's loan principal, interest, liquidated damages, legal fees and various expenses incurred by the creditor to ensure the realization of the creditor's rights.
Three, the guarantee period from the date of signing the loan guarantee contract, until the debtor pays off all debts. Source China pawn network
4. My assets and rights and interests used to pay off the debtor's debts, including but not limited to: 1, all assets listed in my family (or personal) property list. 2. All deposits, real estate, automobiles, equipment, land use rights, stock rights, contracted lease management rights and other properties and rights in my name. 3. My salary, remuneration for labor services, remuneration for writing, royalties, interest, dividends, stock rights, dividends, property leasing and property transfer, as well as cash and securities obtained from exclusive rights such as trademarks and patents, as well as licensing fees and transfer fees obtained from exclusive rights such as trademarks and patents. 5. I have released this guarantee, and there are other guarantees or mortgages under the main contract. I hereby promise that this guarantee liability will not be affected by the guarantee or mortgage provided by any other guarantor, nor will it be exempted or reduced because of its existence. The undertaking of guarantee liability is not based on the realization or litigation/arbitration/enforcement of the creditor's right to any other guarantor or other collateral.
6. This guarantee is irrevocable. The legal effect and continued performance of this letter of guarantee will not be affected regardless of my consent or prior notice: 1. The identity and status of any party involved in this guarantee has changed; 2. The debtor extends the loan term or increases the loan amount. Source China pawn network
Seven. Any grace granted by the creditor to the debtor or other jointly and severally liable guarantors and myself to exercise the rights under the Loan Guarantee Contract and this letter of guarantee shall not be regarded as the creditor's cancellation of the rights and interests under this letter of guarantee, nor shall it affect my performance of various obligations under this letter of guarantee. Any dispute arising from this letter of guarantee can be settled through consultation between the creditor and the guarantor; If negotiation fails, a lawsuit can be brought to the People's Court of Dongcheng District, Beijing.
VIII. This guarantee shall take effect immediately after the guarantor signs it.