Discharge of Guarantor

For $_________________ and other good and valuable consideration, __________________,

CREDITOR, releases ____________________________________, GUARANTOR from that
certain a guarantee agreement related to ________________________________ owed by
______________________________ to CREDITOR dated ____________________________.

Dated: ___________________________

_____________________________________________
_______________________________ By Creditor
 Discharge of Guarantor
Review List

This review list is provided to inform you about this document in question and assist you in its
preparation. As a guarantor, you can seek discharge on a variety of grounds. Sometimes a
modest direct payment will get you off the overall guarantee. It is well worth getting in any
case. Often, the guarantor can get reimbursed in whole or in part by the party they made the
guarantee for. This is a matter of negotiation, best handled with the original loan and guarantee
documents.

1. Make multiple copies. Give one to each party. Keep one in your home safe and with
your financial papers.