For valuable consideration, including but not limited to M.G. Oil Company extending credit to or for the herein contained account, the undersigned hereby absolutely and unconditionally guarantees to M.G. Oil Company the full and prompt payment when due, of all accounts to M.G. Oil Company now or hereafter existing, and the undersigned, jointly and severally, agree(s) to pay all and any costs, expenses and attorney’s fees paid or incurred by M.G. Oil Company insofar as those items are allowed by law in endeavoring to collect the indebtedness or any part hereof and enforcing this guaranty.
The undersigned hereby waives presentment, demand for payment and notice of nonpayment.
No act or thing except payment, but which for this provision could act as a release of the liabilities of the undersigned hereunder, shall in any way affect or impair the guaranty, and this shall be a continuing, absolute, and unconditional guaranty, and shall be in force and binding upon the undersigned until the indebtedness is fully paid and this guaranty is revoked by written instrument personally delivered to the offices of M.G. Oil Company and receipted therefore: and, in the event of a revocation of the guaranty agreement, the guarantor below stated shall be liable for all sums then due together with all accrued finance charges from the date of the revocation until payment as if the agreement were in full force and effect.
M.G. Oil Company shall not be first required to proceed against any other person, business, security or guarantor to collect the account herein guaranteed prior to proceeding against the undersigned.
In witness whereof, this guaranty has been duly executed by the undersigned on the afore mentioned date.
NOTICE TO APPLICANT: Do not sign this agreement before you have read it, or if it contains any blank spaces. You are entitled to a completely filled in and exact copy of this agreement you sign at the time that you sign it. You have the right at any time to pay off in advance the full amount due without incurring any additional charge except those herein contained.
SIGNATURE OF APPLICANT AND ACKNOWLEDGMENT AND ACCEPTANCE OF RETAIL CHARGE AGREEMENT: The undersigned applicant accepts this agreement and all of the terms and conditions it contains; and, that the making of any purchase by the applicant or any authorized user on or after January 1, 1985, shall constitute acknowledgment and acceptance of this agreement by applicant