EXHIBIT 10.76
GUARANTY
FOR VALUE RECEIVED, the undersigned, whether one or more, as primary obligor,
hereby unconditionally guarantees prompt payment and performance of all
obligations of Debtor under the terms of this Promissory Note and the Security
Agreement and hereby waives diligence, presentment, demand, protest, notice of
acceptance, or notice of any kind whatsoever, as well as impairment of
collateral and any requirement that RACC or any assignee exercise or exhaust any
right to take any action against Debtor or any other person or any collateral
hereunder and hereby consents to any extension of time, renewal or any other
modification thereof. The undersigned confirms and acknowledges to RACC that
this guaranty is given as an inducement to the extension of credit by RACC to
Debtor and that the undersigned will derive benefit from such extension of
credit. The undersigned further confirms and acknowledges reading and fully
understanding all of the terms and conditions of this Promissory Note and the
Security Agreement.
By: /s/ Xxxx X.Xxxxx
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GUARANTOR, Smart Choice Automotive Group, Inc.
Xxxx X. Xxxxx, President
