SAMPLE OF A BANK LETTER OF GUARANTEE

[NOTE: THIS LETTER IS TO BE PRINTED ON BANK OR FINANCIAL LETTERHEAD.]

DATE:

TO: Lake Placid Festival of Cars Auction

2000 Saranac Ave

Lake Placid , NY 12946

RE:

Dear Sirs:

This letter will serve as your notification that Bank will honor/Guarantee payment of any check(s)

written by up to the amount of $_________ drawn on account #_____________

This guarantee of check(s) will apply only at the LPFC Auction for purchases made on the day of May, 21,2005 . NO STOP PAYMENTS WILL BE ISSUED.

If further information is required, please feel free to contact this office.

Sincerely,

__________________

(Bank Officer Signature)

Telephone #________________

 _________________________ __________________________

NOTARY SIGNATURE                     BIDDER'S SIGNATURE

Lake Placid Festival of Cars, 2000 Saranac Ave , Lake Placid , NY 12946 www.lakeplacidfestivalofcars.com