SAMPLE BANK LETTER OF GUARANTEED PAYMENT ON YOUR BANK'S LETTERHEAD:

DATE:

Uncle Sam AUCTIONS & Realty, Inc.

225 Pinewoods Ave. Rd.

Troy, NY 12180-7246

Re: (Bidder's Name)

TO WHOM IT MAY CONCERN:

This letter shall serve as notification that our bank shall irrevocably honor and guarantee payment of any check by (Bidder's Name) up to  the amount of ($amount to be guaranteed) and drawn on this bank's account number (Bidder's account number). This guarantee is for purchases at your auction to be held at (location) on (date).

Sincerely,

_________________________________________

Bank officer's signature

_____________________________           _____________

Business Phone                                           Home Phone