For valuable consideration the undersigned hereby personally guarantees, absolutely, unconditionally and irrevocably, the payment upon demand of all liabilities, indebtedness and obligations, whether now or existing of hereafter of the debtor, signed above, its successors and assigns to Boston Wholesale Seafood and its successors and assigns (the indebtedness).
This guarantee shall be enforceable by Boston Wholesale Seafood without prior resort to any demands, possessor remedies or proceedings for collection of any nature against the debtor or any other person or entity, or any property of the debtor or any other person or entity. The liability of the undersigned shall not be affected by any extension, compromise, modification release or discharge or any indebtedness, whether by operation of law or otherwise, by the release, substitution or addition of any other guarantor of the indebtedness notice of the acceptance for this guaranty, notices of demands production of delivery of material, protest, nonpayment, nonperformance and notice of the amount of the indebtedness outstanding at any time are expressly waived, nothing in this guarantee shall in any way diminish or alter the indebtedness or affect the rights of Boston Wholesale Seafood against debtor.
The undersigned agrees and consents to the jurisdiction and venue of the Orange County Courts, of the state of Florida or federal courts should any dispute arise.
The undersigned also agrees that if any case is filed under the bankruptcy code or against debtor, the undersigned waives any claim he/she may have against debtor as a result or any claim against the undersigned by Boston Wholesale Seafood under this guaranty.
Boston Wholesale Seafood shall be entitled to recover from the undersigned all costs incurred in connection with the enforcement of this guaranty, including but not limited to reasonable attorney’s fees.
Whenever possible, each provision of the guaranty shall be interrupted in such manner as to be effective and valid under applicable law. If any provision hereof shall be prohibited by or be invalid under such law, such prohibition of invalidating the remainder of such provision or the remaining provision hereof.
In the event this guaranty is signed by more than one person or entity, each of the undersigned shall be jointly and severally liable under this guarantee.