GUARANTEE The undersigned, whether one or more, personally guarantee(s) Dealer’s Payments and Performance of the Auction Terms and Conditions and all transactions by Dealer taken pursuant thereto. The undersigned acknowledge(s) that Southtowns Auto Auction LLC d/b/a Buffalo Auto Auction shall have the right to refuse to transact business with Dealer, to modify or release any and all collateral security, to extend or change time of payment and to settle or compromise with Dealer without notice to the undersigned and without discharging or affecting the liability of the undersigned hereunder. This personal guaranty is to be a continuing guaranty and the undersigned hereby waive(s) notice of acceptance of this guaranty and presentment, demand, protest and any notice of non-payment of dishonor. The undersigned shall be liable as principal debtor(s) and not merely as surety ( or sureties ), and the bankruptcy or any assignment in favor of creditors of Dealer shall not affect the enforceability of this personal guaranty. This personal guaranty shall bind the respective heirs, executors, administrators and assigns of the undersigned, and shall inure to the benefit of Southtowns Auto Auction LLC d/b/a Buffalo Auto Auction its successors, assigns and subrogees. The Dealer shall indemnify and hold Southtowns Auto Auction LLC d/b/a Buffalo Auto Auction harmless from any and all claims, suits, and demands arising from person injury, theft, and or damage to Dealer’s Property. By signing, Dealer(s) certify that all the information is accurate and correct. Dealer(s) further authorizes Southtowns Auto Auction LLC d/b/a Buffalo Auto Auciton to investigate credit history and any other history deemed necessary by Southtowns Auto Auction LLC d/b/a Buffalo Auto Auction. Where there is more than one signatory to this personal guaranty, each signatory shall be jointly and severally liable under this personal guaranty.