RFF Family Partnership, LP v. Link Development, LLC et al

Filing 1

COMPLAINT Verified Complaint against Robert V Wallace, Jeffrey B. Karll, Link Development, LLC, Russell and Associates LLC Filing fee: $ 350, receipt number 0101-3432030 (Fee Status: Filing Fee paid), filed by RFF Family Partnership, LP. (Attachments: # 1 Civil Cover Sheet, # 2 Civil Cover Sheet Category, # 3 Exhibit A - Certificate of Organization, # 4 Exhibit B - Foreclosure Deed, # 5 Exhibit C - Desert Pine Mortgage, # 6 Exhibit D- Certificate of Organization, # 7 Exhibit E - Managers Cert, Cert of Manager, # 8 Exhibit F - Desert Palm Mortgage, # 9 Exhibit G - BD Mortgage, # 10 Exhibit H - Amendment of Mortgage, # 11 Exhibit I - Certificate of Organization, # 12 Exhibit J - Superior Court Complaint, # 13 Exhibit K - Link Land Court Complaint, # 14 Exhibit L - Note, # 15 Exhibit M - Loan Agreement and mortgage, # 16 Exhibit N - Guaranty, # 17 Exhibit O - subordination agreements, # 18 Exhibit P - Assignment, # 19 Exhibit Q - Settlement Agreement, # 20 Exhibit R - Russell Land Court Complaint, # 21 Exhibit S - Land Court Decision, # 22 Exhibit T - Memorandum of Sale, # 23 Exhibit U - redacted P&S)(Briansky, Richard)

EXHIBITN

GUARANTY
For good und

uutoablcons:O::ll1t,,l::":eipr

.5

and suftrciency ofwhich are
hereby

ft"J,äiÏüil"i:::i,J¿,

unconditiona'v and inevocably guaranries,
i" ì".".ã""" *i,i ä;,"#.Ër""rîd
prior writren norice. rhe fulr
without any
e";.:,""t J;;;aiì"rä"*
o:.formance and observance of a, of
the Liabirities (as defined herein)
of LINK o¡üËiõËrr¿erur LLC, a
Massachuserrs rimired
liabitirv companv, havinø a pracá
e"r.";prãrì"irï"ur'or, ,r1,t
"Borrower") to R¡p.erún'v_perrrvaniHe
"¡u*ir".rliiõi.""s*"r,
ln¿iîi_o poR ¡¡ensHe,
"
formed (under the name RFF FAM'-vìùrrr'ñîänî,vunsr{*
"iär,ä pr.t,".rr,ip
L.p., under rhe raws of the
state of carifornia) and having an
it- zllzlfui*", sanra Monica,
califomia 90402
^a¿r.""-

[ä*_"**Hî."ï:Ìi#:i"*r"dr;;'o"s",ã,,i,n*isagua¡a¡rryorpaymenrand

BToîî

*HEREAS, rhe
hï this day enr.ered inro a mortgage loan arrangement
Lender (the "Inan")' evidenced
wifh the
uy ttrat certaií ioui e.q.."-",rt ¿uted
as of the daite hereof b.y
and berweeu Borrower and.Lena"r,
urnong
rhat cerrain
promissory note in the oríøinal
priri"ip"r
Four Hundred rhousand and
00/l 00 Dollars 1S I ,+oo,ooî.Ooj
i-."r", t,f," ..lOfu,,) an<i secured by, among
other things, a Mortgage, secunfy
Agreem"n, unå ar.ign nen. of Leases
and Rents of even date
fiom Borrower ro l-ender which íiu".""..tà.
,'i"'öi""i, oo"¡ued (herein (co'ecrivery, rhe
"¡asacace"). Couecrively, the Nore, the
Agreemenr and any documenr
executed or derivered in con¡ectio"
irt"."*iir, rTuìi'uäi"?.."o ro herein as rhe.,t¡an
"
capi:ralized terms
lt¿.rir
;D='çq6 ,A'ivro thein
¿.nned shart have the
in the [.oan ag'*-""iin"Ñ"i" and/or
".*¡r" rhe
Morrgage, whichever is

oif,;iiråì:.ù*a*ra*,),
"i-"",.iòi"î,,,ion
f"'.^e.";*";ì"
M;.r;;äï;an

*ø

äjiåiitt

i;iffå,i""b"

WHEREAS, the Gua-rantor is a
Member of the Borrower;

*HEREAS'

the Gua¡anto-r wit derive substanriar
direct and indirect benefit from
transactions contemplated hy
the
the Loan

D;;"*;äi¿i

aete.minø ttar ir is necessary or
converuent to the conduct, promotion
or attuin*"ni ãiirr"i*rness, and
business and invesûnent
rnterests, of the Gua¡antor to guaranry
the ü"urrr,l"-öãåned herein)
--'- s¡svr'*rwò \4ù uç'
of the Borrower unde¡
the [,oan Documents; and
WHEREAS' if is a condition precedent
to the Lender's obligations to
make extensions
c¡edít under the Lo¿ur Documents
th"i ,t
¿nd deriver this G.uaran¡y.
"

cr".a"t1äiå

of

NOW, TFIEREFORE, '

rcnaoi""ni".ìäìîj;T'#;"tr#ïi:ïlï::Ti:iïåä1i.:ît":äïäï:"
Gua¡antor hereby covenants and
agrees

¿¡s

ø o*r,-"'

'"-""

The following terms as used herein
shall have the meanings set for{.h
below:

B&L 059

"Liabiliry" and "Liab ities', incrude,
without timiration, any and a¡ liab¡ities,
obrigations ofthe Borrower to the
Lender,
or"Ç und, nature, and description debts, and
exisring or hereafter arising. "Liabitiries', "a"t
now
aiso i^r"å"r: wirhour Iimitation,
(a) eåch obligation ro
rcpay arl roans' advances' indebtedness,
no,"r, ourigi ions, overdrafls, and amounts
now or
herealìer at any time owing by the
Borrower ,;;;ï;;;". prrsuanr to
rhe l¡an Documenrs
(including a' future adva¡ces or the
like whether or noigr*n pursuanf
Lender)' whether or not anyofsuch
ur" riquiaui"¿, uniiquiaut"a, primary " ""à,nì*"^, uv,rr"
" secondary, secured,
unsecured' direct' indirecl absolute,
contingent, * oilìy otr,", type,,rrâture,
or description, or by
reason ofany cause ofaction which
the rr,i¿* ."v iJo aganst the
Borrower on account ofor
rctaring ro rhe [,oan; o. *I^o^lll" l_""
O"""."rä[f i,f no,"" ard other obligarions of rhe
Borrower now or hereafter assigned
to or herd uy,¡rè-ân¿"., each
of every kinã,
descriprion' which mav be du" *a o*ning
Àã,í,i**lìi-" under or pursuant tonature and
rhe Loan
Documents; (c) all interest and
.ìrr.
which may be charged to the
Borrower and'/or which may-be "u..y "o"råna
"oiourro
du"-r..- ,rr" e¿;.;ää ,rr"
owing under or pursuant to the Loan Docum#;h"rri*g ,"rr¿". r-m time to time due and
witbout rimifafion, payment of alr
construction costs for the p.lject;
aü ø"r
by the Borrower and the expenses in"u,."a""ã "rt".g".;corurection with any account maintained
o. puiaiy't'lo L"nd". in ,"rpect ofany
agreement
between the Borrower and the Iænder
or inr,-"-"", 'r"äined by the Borrower
to .the Lender
(including' withour rimirarion,.cosrg
ääned bárow¡, reasorrli"
and all court and litigation co_sts
a.d "rc"iì""ørr*
rrràãiä, -o al[ obligarions of the Bìnower to
"*r"vr, r""r,
act or to refrâin ûom acting in
"*p"n."r);
tfre
ag¡eement between the'Borrower
-ac""¿*L_*ití o. tàåf provisions, "od "orr"rr"nts of u.,),
and the Lender
ini-t r-"rrt ftmished by the
Lender, incruding without limir¿tio",
e"*ã;"r;. ã'b;;ä* to deliver lien Fee Borrower to the
complerion of
the Project, and a guaranfv orp"v-""t
øì **t, å""iiia, and other costs rerated
which may be incurred oip"id uy tt
"ii
r*"a". ir ä*"'"øn wirh the project, and to thereto
conect any
consfruction deficíencies. As used "
herein, ,¡" ,"r.;i"iir*r', includes
without rimitâtiorL alr
obligations and riabiliries whi"n ,rr" l*"ãË.
-"îìî"uii.i""o*" liuule for, on accounr o{,
result of anv hansactions berween the
lènaer á¿ th" e;Ã*- i"d**L,ï*ffiî,üï,,"* or as a
which mav arise out of a¡v lette¡ o^rcre¿iior
,",
;;o#;;
rimilar insfumenr issued or
obtigation incurred by theLnder fo.
,rr" u""o*iãñ¡'""i:îrrower; any
which may arise out of
any action brought or threatened
agairst ,rt" rrJ¿. ut ,ñåorrower,
of the Liabiliries of the Borrower, ãr
-y gr*-to. o. endorser
uv
p"J"îin connection wirh the Liabiliries,
except in fhe event fhat rinar judgment -v ",¡"r
ente^
shal be prima facie evidencJof ,tr" e"rå*".b"i"äãbäo"ri,
"g"il;;;";nder. The tænde¡,s book anJ records

," the l,ender

absent manifesf enor.

"costs of coflection" includes, without
rimita{.ior¡ arr reasonabre attomeys,
fees and a'
ãi*r" iåu ir¡"., this Guanurfy, and a, other
in connection withlJrehting po ttre
I-¡."Oiiíii*.i"ä.¿irg,
withour limiration, cosrs and
traver on behalf of the Lender.
*i,r,o"t ri*i*ion,i"'äi"o*.ou,.Êpocker
expenses incu¡red

.

costs incurred by the Lender in
the administration
rnstruments and agreemenrs executed

e.xpenses;il;äiänabre
3,"",,i";1":"ir*:åÏ,:iåt::
r,i,,"¿¡"e,'.j,il;ìilä,äå:f ä:ïff tr"i#Í"ï,äîilî:Xf"i¿*"*i.lî;;

the Lender' which costs und áxp"rrr",
u." directly or indirectly rerated to
or in respect of the
Lender's efforts to preservg protect,
co'ect, o. uiy oi-it tinder,s rights
and remedies agairst or
"
0l 143225J:\Docsú5902þO0OO\OI l48225.DOC

BeL 060

in respect of the Borrower, the Guarantor any other guarantor or other person
liable in respect of
the Liabilities or any colrateral granted to the Lendeiby the Borrower,
ìhe Guarantor, or any such
other grr¡¡¿n¡s¡ qr person (whether or not suit is instituied in connection
with such eÉforts;. The
costs of collection shalr be paid by the Guarantor upon demand made by the
Lender and shalr be
added to the Liabilities of the Borrower to the Lender, as ifsuch
had been lent, advanced, and
credited by the Lender to, or for the benefit of, the Borrower.
The Guarantor hereby further agrees to indemnify, defend, and hord
the lænder harmless
any claim brought or threatened against the:L,ender by the
Borrower, the Guarantor,
any other guarantor or endorser of the Liabitities or any other person (as
well as ftom reasonable
and expenses in connection therewith) on account of the l,ender,s
lttomeys'fees
relationship with
the Borrower, the Guarantor, or any other guarantor or endorser or
tn" riauitirio 1e""i.r*u"r,
may be defended, cornpromised, senred, or pursued by the r,ender witrr
selection, but at the expense of the Guarantor), unress the same was the "ouns"ioiit "-r.er,¿e¡s
resurt or*," Lnà"rt
gross negligence or willful rnisconduct.

ofand from

The Guarantor shall pay on demand interest on all amounts due to the
Iænder under this
Guaranty, or arising under any o[the tnan Documents, or any other doc,r*"ntr,
inat u-"nt., o.
-'
agreements relative to any collateral securing this Guaranty,
from the ti-" tn" r*n¿". n.sf--'
demands payment of this Guaranty at a rate equal to the hiþest
rate chargeable to the Borrower
affer the earlier of (i) demand.or(ii) the occurrence of any-Event of D"Cu,llt;
o-ri¿J, hr"**
that such amount of interest sha[ not exceed. the interest ihat woura nuu.
o"err, but fo. thi.
Guaranty, paid by the Bonower in respect of the Liabilities.

Any default hereunder by Guarantor ofany orthe terrns and conditions,
including any
iovenants hereunder, shall be an Event of Defaurt- under the I¡ian Documents.
Any and all deposits or other sums at any time credited by or due to the
Gua.rantor from
the Lender oi any of its.banking or rending affiliates,
or any bank acti"g
r p*i"ipuot uo¿",
any loan arrangement between the Lender and the Borrower,
uny
or other property of the Guaranr.or in the possession of the rænder, .r "ä4
ár iÀ u.,i.i-rg
a{tiate¡' or any lender acting as a participant under any roan, arrangement betõeen the
lenalns
Lender and the Borrower, whether for safeÈeeping or otherwisi or
in ,r-rit t"
n"* tt
Lender or any of its banking or lending affiliates õr any such parti"¡-r,
"i
"

*

-a

,år"iìä, iirn"."ro
****
-v

o. in tn" porll"rìon or
any third party acting on the Lender's behalf (regardl"ss of thå .easoi
trtá I-n¿". rru¿ ..""JJ'
same or wher'her the Lender has conditionally ãeased the same) shat
ar aiL times
secutitv fo¡ all of the Liabirities ¿nd for a[ oLrigation
"."lri*,"
th" c;lu"u..;;. i" ,¡"

iî.ãr'"ä,,."y

"f
seloffagainst such Liabilities and agaiirst the obligations ortn" c"..*t*
3LpRliedor
Lender including, without rimit¿tion, those arising hereundef at any timq *rrether
¿r
are then due and whether or not other collateral is then avaitable
toihe L,ender:

u"

t"ìL
""i

,*r,

The obligations ofthe Guarantor hereunder shafl not be affected by
any fraudulent,
'
illegal, or improper act by the Borrower, nor by any release, discharge o. irruuiAutio+
Uf
operation o'f law or otherwise, of the Liab ities, oiby the legal incapacify of the
Borráwer, the
Guarantor, or any other person liable or obligated to ihe tænder for ãr on the
Liabilities.

ihe

0f 148225J:\Docs\os902\OOOO0\O I 148225_DOC

B&L 061

Guarantor also waives anyand all
defenses relating to or resulting
from Lender,s failure to
acquire' maintain or oerfect any
security interest or mortgage lien.
I¡terest a¡rd costs of
collec{'ion shall continue [o accrue
and shall
¿.emed Liabilities guarantied
hereby
"ontinu"ìo.u"
the Bonow". o,. Ji,'Jilî"n""

:,'""i"å'"'H:TJlí.:lî.ïiÏ:n?..;";ì 'h"är;;ìinst

oruny

unless sooner terminated, this
Guaranty shall continue to tre effective
or be reinstated, as
the case mav be, if at anv time
payment
of the Liabiliries is rescinded or
otherwise must be resroied uv
"f
ro rhe credirors of the Borrower
any representative of the Borrower
or
or representative or rh"".
gooo*J.
insolvency' bankruptcy or reorganization
,h"
of the Bonower or to the Guarantor
or to the creditors
of the cuarantor or anv representative
of the cu".".,to, à, .epresentative
of .he creditors of
Guarantor upon the insolvency, uunt-pr"y
o.."oìg-;tion of the Guaranto¡ or otherwise,the
as though such payments had
all
not been maáe.

*;;;

"ll-;
,iã1""àlì,"il;#;i;".

äñ.ö;

The within instrument incorporates
alr discussions and negotiations
^
between the
Guaranror and the Lender conce-ü,h;
c,,,..iì;äiìïo"r""to*rion provided bv rhe

fi:iträff:'fi"$: such discussiãns';;r*iii"ì.ì1"u ri*ii,-åäiv, .îäiäi|"" "*,
-.ft;;;äö;#ï¿'.'",T,1",H"ï:li:ii:.1:i:i"ffi ::ni*lifi;k'å'f -'
authorized
manager or member of ttre renåer

äãìrìüL"".*,"..

The Guarantor waives presenfment,
demand, notice, and protest with
respect to the
Li¿bilities or rhis cuaranrv,
n .tt o *"i*";;;ö:"
rhe parr of rhe l-ender, and furrher
-ã
warves any right to require the
Lender f,o pur"r"
collateral which the l-ender might.
";;;;;*ed against the Borower or any
have båen gr-*Jaã'å*" the obrigations
of the Gua¡antor
hereunder, and turrher waive.
*ri"" r r¿"p""T."ïiir"í

o.__ry.

"

The books and

recor,
B,.o*";-:t;ir.;ffiî;ïf;::i""iåii.'Hffi,ff ä:"ffii,"#"îH:fj::iä;d.*"*.
proof of the irems cont¿i¡ed trre."iÁ
aUs"rri

muirii;"äoii.

The obligafions or*:_O_1r111".
hereunder.are primary, w_ith_no recourse
necessary by
the Lender against the Borrower
or any coltateral gr*.rã rçurE.tt
Liabilities or against any
other person liable for or on tn"
riuuiliti""fio.
" rhe Guaranror
The Gua¡antor assents to anv indutg"n""
hereunder.
"grnsr
o.'*uiì". i"r,i-"îît *"¿"r may grant or give
Borrower and/or
the
om", o".,oo
"
a, or on rhe Liabirities. rhe
Guaranror aurhorizes the I-ænder
o. -oai& any term or condirion
of the Liabilities and of the obligationr
obrigared to rhe rænder for
or on fhe Liabirities,

;";;;är,

-v

ffi;;;ä;u."J'lä",ij'r-'noo
t;;rr;;;""d:ä;,"*"uiu",
or*v oä"lo"i"r¡i*r. *
without not-ice ,., ...-*"* Åå,o":irr"
Gua¡antbr. No compromise,

settlement, or rerease by the tænder
of the Liabirities ol
person (wherher or nor ioinrlv
liabre with the

àite

cuarin;;ä."

outigations of any such other

,9i*r" or*få;;;""r;räu,.,og

;i:åïLll'ï:iiåîffi å**:'trå:l*;;;''ä'äií#0"^"'.n"'arrecttheobriga,ionsor
0l 148225J:\DocsS59O2ú0000\0t 148225.DOC

BeL 062

The Guarantor shat not.exercise any right
of subrogation, reimbursement, indemniry,
contribution, or the tike (including any righi to"p.oce"d
upon any cotateral granted by the
Borrower to the Guarantor) agajn1 th" Bãrro*å. o,
uny p"oon tiable or obligated for or on the
Liabilities in respect of anyoith" Liub'iti". p.io.
t,o tË ão"narge of the Liab ities.

, ..The Guar¿ntor agrees.trlat
subordinates ro rhe

prior to discharge ofthe Liabitities the Guarantor
hereby
rishrs of the Lender under *reLan
or indemnihcation, and any other right to payment
from or reimbursement by the Borrower, in
connection with or as consequence ofany payment
made by the Guu."nto. ná."unão
1á¡ uny
right to enforce any right or remedy which-the Lender
has or may hereafter have against the
Borrower, and (3) any benefit o{, and any right to pu.t,"["t"
io
*rru¡gr"i"å*îiîr"un".
held by the Lender, unrit such time as th" oúrigutåns
""v
terminated.

¡oJãil:iü;"^äi'ä ,ïùr"a,

;;"il;;;;ä"i;;"il;

illï,*

This instrument shalr inure to the benefit of the Lender,
its successors and assigns, shalr
be binding upon the heirs, successors, representatives,
and assigns ofthe Guarantor, and sha
applv to alr Liabilirios of the Bonower ana
,,rc"e..ã.ì" ,r,¿"È"á*"r; åîr"äå?
successor by operation of Iaw.

*y

î;v

-. . The rights, remedies, powers, privileges, and discretions of the Lender hereunder
(hereinafter the "L,ender's Riehtt
a!{i Àemedies';l
and not exc¡isive ofany
rights or remedies which it would otf,"^"i." t *". "rr"u-u"'à-¡"lative
ño ã"Uy o. o*i.ri"" bf,h";;;;;
exercising or enforcing any of the
Rights and Remedies shall operate as, or constitute, a
-[ændç1s
waiver thereof' No waiver by the Lender of añy of
the l¿n¿errs R.ights and Remedies or of any
defautt or remedies under anv orh". ugr""-"nríi,h
agreement wirh rhe Borrow"., o.
"n,
-vãth", p;;.;;il;;;"brigared fcr or on rbe Liabiriries,
shall operaf.e as a waiver of any ortr"r
a¡d Remedies or of any other defaurt
or remedy hereunder or thereundor. No exercise or-yãitn",r,"naols
Rights
-J. ír¿Ããoo u.r¿
no o{her agreement or rransacrion of wharever
narure Jntered into n"*"¿ì"iiã r,..åà, ää ru"
Guarantor, the Lender and the Borrower, and,/or the
r"r¿",
,i*"
oîåîî
shalt preclgdp any other exercise of.rry Le.alrt
rugt irää ""¿ ""vl"r-iä,'r,* one occasion sha'
n"*"¿i"" on.any
bedeemed a continuing waiver. All of the Lend"rJnigltt"l"a
nemedies ¿nd all of the l,ende's
rights, remedies, powers, privileges, *d di""."tio;
with the Guaranror, rhe Borrowei, or any such ,,t
p"Ã"1
altemative o-r exclusive, and may be exercised uy
*," r_"oJà. ut ,u"n ti-" o. ti.". ,"Ji"
order ofpreference as the Lender in is sole discietio"
*"V à"r"."i"¿l-

ñî;;i;;ä"ä;i:iff;;i.

"i,¡""r-r¿l; ü;

i^-,

-

;A;;; ;;;;;;ää;r;;ä."

,t"iü;"å;fi; #il*'

.*t,

This insfrument and at documents which have been
or may be hereinafler fumished by
the Guaranrorto the r.ende¡ maybe."p.oau"J
ryih; ñår; ú;*ypilããe;il",;ilär"o",
microfilm, microcard' miniarure phorographi", *";.gtthi;;
may destroJ th€ óriginal from which such docum".,i**
"r
,o ."p.oduced. Any such reproduction
shall be admissible in evidence,as the original itself
in any¡uoiciat or administrative proceeding
if the original carurot be located after reas-onaUle
'

i"t'l- p.".år.i*i,i"îi¿",

"fforti

0l

'

148225J:\DoC5\05902\OO0OOUt 148225.DOC

B&L 063

This instrument shall be govemed,
construed,

and interpreted in accordance
of rhe commonwearth of Massit
*"ttr.' il;ä;;.#"..ubmits ro the jurisdicrion with the laws
of rhe commonwealth of Massa"rr"."r,r
of rhe courrs
ø. iìläJrìäå in connection herewirh as we'
purposes in connection with
as for a'
any, other rel"fi.;;ì;;;"en
rhe Guaranror
r"îa"a una, in
furtherance ofsuch agreement,
the Guarantor he."uy l*p.".rty *aives
"noiiã
any and a, obiections
may have as to venue in such coufs
*Àì; -"t í" o*.0 onþrum non corr"niens. ln it
gr
event that the Guarantor
the

does not.maintain a pìrårp¿î¡n*
resid.ence in Massachusetts
Guarantor hereby irrevocabþ destg.""r
the
À" ð""ïãäi .rrn" "r
commonwearrh of Massachusetts
as.the agent for service ofprocess
fo¡ the Guarantor ìí a
rhis Guaranrv. rt is the inìention
orthe
indemnificarion be ribera'v cons,-.¡
," ,rr"îiãìoiiiiå.*"0- *ay be pur in as good
as if the Borrower had promprry,
a position
puncruary,
ili,iîrì,v p"rformed all Liabirities and rhe
uuarantor had promptly, punctuairy,
""ã
zuir.r.irv-p".ø..ed hereunder.
"r¿

cua¡antort;;,ilri:ï1T,fiïïyJî,i,îäi:i;ïi.

Any de(ermination that any provision
herein is invalid, illegal, or unenlorceable
respect in anv insrance sha'¡o1
in any
t¡"
any other irstance and shalr
""1iåìì;,1;;;il," or enforceabirirv orsuch provision in
not affect ttre vatiJi-t¡ r"fJr,'ry, o. çi
J,' ur trurccaol [lty ofany other
o t any othe
provision contained herein.
"nro."eability

ç"1

GUARANTOR MAY HAV-E IN¿¡¡V

ECiIOÑä ËñOCSCON.IC, Ñ LEW õN EOLiITV,
W
cueuNrv irìÈäuÀo¡rroR AND ru¡ re¡o'ì
HEREBY KNowtrvcly
+I? voìrn
Rrcur ro A rRrAL Br. rrrRy-nv n rr;RËîitö^ru*roNAlr,rr wA_rvE ANy
coNNECrroN wrr¡r r¡''s

aspìõiloïiñ

lyrq+t
W'.¡I iñrICr]ENEiVrY, THE GUARANTORour or.,
cERTFES rHAr No REpRESE¡¡rerùãon"Àääin
HEREBY
oF rHE LENDER
LTNDE&.OR tr\ CONNECTIOì

N

¿¡.rsn¡c

HAS
RE'RESENTED,e>enrssr-y^o_iöriüRùrì;iË.g11rHeîÈ"röÈ"î-or.o*or,
IN THE
OF LITTGATIO\ S'EK i¿i;NFbîäE
THIS WATVEROF
JIJRY TRTAL PROVISION.-TFIE
'VENT
äUAR;ì.ääËiôXO*,-'OGES THAT RIGHT TO
THE LENDER
HAS BEEN INDUCED TO E¡¡r¡N
ÑiO iHi-iì;öäS LENDING RELATIONSHIP
WMH THE BONNOW¡N Et EVONC
OirINñîìffäS, THE PROVISIONS
cuARANry, n icllrD[.rc wrr'õui
;'ir:ñiflöirr"rr" .*oursroNs OF THIS

PARAGRAPH, AND WOUL-D

oF

r'rs

ìr.r ¡'EVE öiir.rËõô"WrrHOUr .NST RECEIVING THIS
.UARANTyA.REEMENT._rNrÈeËüe"^Ëö"oi#u.rr^ursFArLrrRE,
BANKRUPTCY OR INSOLVENCV
ON CU-ONO;iTöN, LENDER MAY
FILE AND PROVE
ITSCLA.IMFORTHE WHOLE
AMO.¡.rTôF À^iY ðrTiI'I OWING WTIHRESPECTTO
THE LIABILITIES.

persons or parrie.

;ûrJH;;;ffi;ää,:.ï;r'Jj,*

other obligations of anv orher

The Gua¡antor certifies fhat the
Guara¡tor read this Guaranty prior to
its execution.
[cannof read paragraph]

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IN WITNESS WHERIOF, the Guarantor has executed
this Guaranty as a sealed
instrument as of the _
day o f _,
ZOOI .
Witness:

Name:
Address

z

P.r*

I
¿z(3

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