EXTENT OF GUARANTOR’S LIABILITY
1. DEFINITE GUARANTY—limited in whole or in part to the principal debt, to the exclusion of the accessories.
If the amount to be paid or the service to be performed by the person guaranteed is specified in a contract of guaranty, then the obligation of the guarantor extends no further than the sum or services so specified, and extrinsic facts cannot be resorted to for the purpose of enlarging the limit if the guarantor was ignorant of such facts.
2. INDEFINITE GUARANTY OR SIMPLE GUARANTY—it shall compromise not only the principal obligation, but also all its accessories, including the judicial costs, provided with respect to the latter, that the guarantor shall only be liable for those costs incurred after he has been judicially required to pay.
Reason: the guarantor in entering into the contract could have fixed the limits of his responsibility solely to the strict terms of the principal obligation and if he didn’t do so, it must be presumed that he wanted to be bound to the extent so established