The Missouri Guaranty of Promissory Note by Individual — Individual Borrower is a legal document that serves as a guarantee for the repayment of a promissory note by an individual borrower in the state of Missouri. This guaranty is entered into by an individual who agrees to be responsible for the borrower's obligations under the promissory note. Keywords: Missouri, Guaranty, Promissory Note, Individual Borrower, legal document, guarantee, repayment, obligations. Different types of Missouri Guaranty of Promissory Note by Individual — Individual Borrower may include: 1. Limited Guaranty: A limited guaranty restricts the scope of the guarantor's liability to a specific amount or a defined period of time. This type of guaranty provides additional protection for the guarantor by limiting their exposure. 2. Unconditional Guaranty: An unconditional guaranty holds the guarantor fully responsible for the repayment of the promissory note without any limitations or conditions. The guarantor commits to fulfilling the borrower's obligations regardless of any changes in circumstances. 3. Continuing Guaranty: A continuing guaranty extends the guarantor's liability beyond the original term of the promissory note. This means that if the borrower decides to extend or modify the loan, the guarantor remains responsible for the repayment. 4. Joint and Several guaranties: In this type of guaranty, multiple individuals become guarantors for the same promissory note. Each guarantor is individually responsible for the full amount of the loan, and the lender can choose to pursue one or multiple guarantors for recovery. 5. Specific Performance Guaranty: A specific performance guaranty requires the guarantor to fulfill the borrower's obligations under the promissory note in case of default. If the borrower fails to repay the loan, the guarantor is compelled to perform the obligations directly. These different types of guaranties offer varying levels of protection and obligations for the guarantor, depending on the specific terms and conditions agreed upon in the document.