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​Guarantee​: ​Guarantor's Full Name​, located at ​Guarantor's Complete Address​(the. The guarantor assures the creditor that the debt will be paid in full after all efforts have been made to receive payment from the borrower.Obligations in the event the guaranties are called upon. So if the borrower misses a payment or goes bankrupt, the lender can make the entire amount of the loan plus any interest due and payable immediately. Contractor shall provide a two-year guarantee on all work performed under this. Contract after the job has been completed and accepted. 4. INSURANCE. In addition to all such rights of indemnity and subrogation as the.