Offender Ronald J. Ramos appeals a wisdom adopting the trial court brought a verdict and only plaintiff House Government Offers & Loan Organization (Home Government) from Ramos’s accountability into a consumer loan guarantee. We affirm.

Thomas Lynn, a major mortgage administrator having Household Federal, negotiated this new agreement that have Brooks and waiting around three data-the borrowed funds amendment arrangement, brand new promissory mention and also the [229 Cal

Accused Ramos is actually president of your Ramos/Jensen Team (R/J Co.), a ca agency. R/J Co. is actually all round companion out of a restricted commitment, brand new Peacock Ridge Team (Peacock), molded to-do brand new Peacock Ridge structure investment. Between September 1983 and you may March 1985, plaintiff Home Federal loaned nearly $seven.cuatro mil with the Peacock union. Each one of the five operating-system.

At that point, Peacock owed reasonable figures inside accrued interest along with other debt about the the project. Home Government recognized an excellent „exercise contract“ where they forgave just about $a hundred,100 of the attract and you may wanted to loan Peacock a supplementary $50,100. Inturn, Peacock guaranteed to perform a promissory mention getting $150,100000 covered of the an individual guarantee finalized from the Ramos.

The newest work-out arrangement are discussed for Peacock by the Arthur Brooks, a keen R/J Co. personnel. App. 3d 1612] private guarantee-that he taken to Brooks for the intended purpose of obtaining Ramos’s trademark. Brooks came back every around three closed data so you can Lynn into the December 18, 1986.fn. step one

The fresh new promissory mention offered a trademark line getting „Ronald J. Ramos, President“ out-of R/J Co. once the general partner off Peacock. Ramos closed this new file „Roentgen.J. Ramos, Pres.“ The non-public warranty integrated the next operative words:

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