In consideration of credit being executed by PUMPS PLUS PUMP & VALVE REPAIR to the above named applicant for merchandise to be purchased whether applicant be an individual or individuals, a proprietorship, a partnership, a corporation, or other entity, the guarantor or guarantors each hereby contract and guarantee to PUMPS PLUS PUMP & VALVE REPAIR the faithful payment, when due, of all accounts of said applicant for the purchase made within five years next after the date of this application. The undersigned guarantor or guarantors each hereby expressly waive all notice of acceptance of this guarantee, notice of extension of credit to applicant, presentment, and demand for payment on applicant, protest and notice to undersigned guarantor or guarantors of dishonor or default by applicant or with respect to any security held by PUMPS PLUS PUMP & VALVE REPAIR extension of time of payment to applicant, acceptance of partial compromise, all other notices to which the undersigned guarantor or guarantors might otherwise be entitled and demand for payment under this guarantee. Absent written permission by creditor, this personal guarantee may not be revoked.
Any misrepresentation in this application will be considered evidence of fraud, since this information is the basis for the granting of credit. As an inducement to grant credit, the undersigned warrants that the information submitted is true and correct. PUMPS PLUS PUMP & VALVE REPAIR is authorized to investigate the credit references listed.
Our terms are as follows: