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ICT Exhibit 2.30CONTINUING GUARANTYThis CONTINUING GUARANTY (this Guaranty) is dated as of, 2002, and entered into by ILLINOIS CONSOLIDATED TELEPHONE COMPANY (Guarantor) in favor of COB ANK, ACB,

How to fill out personal and continuing guaranty

How to fill out personal and continuing guaranty

1. To fill out a personal and continuing guaranty, follow these steps:
2. Begin with the date, and write the name of the guarantor at the top of the document.
3. Include the name of the creditor or lender, along with their contact information.
4. Specify the borrower's name and the purpose of the guaranty.
5. Clearly state the obligations and liabilities being guaranteed.
6. Indicate the duration or term of the guaranty.
7. Provide the guarantor's personal and financial information, including their name, address, Social Security number, and proof of income.
8. Include any additional terms or conditions agreed upon by both parties.
9. Sign and date the guaranty, ensuring that both the guarantor and a witness have signed.
10. Keep a copy of the completed guaranty for your records.

Who needs personal and continuing guaranty?

1. Personal and continuing guaranties are typically needed in various business transactions, including:
2. - Small business loans
3. - Commercial leases
4. - Construction contracts
5. - Equipment leases
6. - Purchase agreements
7. These guaranties provide assurance to lenders and creditors that an individual (guarantor) will be liable for a debt or obligation if the primary borrower defaults. Therefore, anyone involved in such transactions may require a personal and continuing guaranty to mitigate the risk involved.

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What is personal and continuing guaranty?

Personal and continuing guaranty is a legal promise made by an individual to take on the responsibility of fulfilling a contractual obligation if the original party fails to do so.

Who is required to file personal and continuing guaranty?

Individuals who are acting as guarantors for a contract or agreement may be required to file a personal and continuing guaranty.

How to fill out personal and continuing guaranty?

To fill out a personal and continuing guaranty, the individual must provide their full name, contact information, details of the contract or agreement they are guaranteeing, and sign the document.

What is the purpose of personal and continuing guaranty?

The purpose of a personal and continuing guaranty is to provide assurance to the other party involved in a contract that their obligations will be fulfilled, even if the original party defaults.

What information must be reported on personal and continuing guaranty?

The personal and continuing guaranty should include details of the agreement being guaranteed, the guarantor's contact information, and their signature.