[Date]

[Addressee]

Dear [Name]:

The undersigned is the holder of your guaranty 
wherein you guarantee the debt owed us by 
[name of debtor]. 

Please be advised that payments on said debt 
are in default. Accordingly, demand is made upon 
you as a guarantor to fully pay the outstanding 
debt due us in the amount of $[dollar amount]. 

Yours very truly,

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