Loan Extension Agreement with Guarantor Confirmation

This Loan Extension Agreement with Guarantor Confirmation is between a borrower and guarantor of a promissory note and the lender who has agreed to extend the maturity date of the note. This agreement sets out the original amount of the loan, original maturity date and date of guaranty agreement. It also specifies the new maturity date on which the note will be due and payable. It is vital that this agreement be clearly set out in writing. A written Loan Extension Agreement with Guarantor Confirmation will be beneficial in the event there are disagreements or miscommunication about the maturity date of a promissory note. (continued ...)