I hereby authorize Southern Welding Supply, Inc. to verify credit and check references. I state that the above is true to the best of my knowledge and belief. I have been advised of and understand the terms under which Southern Welding Supply, Inc. is extending me credit. I also understand that I personally guarantee all sums due to Southern Welding Supply, Inc., and that I will be held liable for Southern Welding Supply, Inc.'s costs to collect the sums due them in the event of default. Any account with a balance due past 60 days will be placed on credit hold. I further agree to pay service charges, collection costs, and reasonable attorney's fee in the event of default.