Common use of Waiver of Marshalling and Certain Rights Clause in Contracts

Waiver of Marshalling and Certain Rights. To the extent that Grantors may lawfully do so, Grantors hereby expressly waive any right pertaining to the marshalling of assets, the administration of estates of decedents, or other matters to defeat, reduce or affect (a) the right of Beneficiary to sell all or any part of the Mortgaged Property for the collection of the Indebtedness (without any prior or different resort for collection), or (b) the right of Beneficiary to the payment of the Indebtedness out of the proceeds of the sale of all or any part of the Mortgaged Property in preference to every other person and claimant.

Waiver of Marshalling and Certain Rights. To the extent that Grantors Grantor may lawfully do so, Grantors Grantor hereby expressly waive waives any right pertaining to the marshalling of assets, the exemption of homestead, the administration of estates of decedents, or other matters matter to defeat, reduce or affect (a) the right of Beneficiary to sell all or any part of the Mortgaged Property for the collection of the Indebtedness (without any prior or different resort for collection), or (b) the right of Beneficiary to the payment of the Indebtedness out of the proceeds of the sale of all or any part of the Mortgaged Property in preference to every other person and claimant.

Waiver of Marshalling and Certain Rights. To the extent that Grantors Grantor may lawfully do so, Grantors Grantor hereby expressly waive waives any right pertaining to the marshalling marshaling of assets, the exemption of homestead, administration of estates of decedents, or other matters matter to defeat, reduce or affect (a) the right of Beneficiary to sell all or any part of the Mortgaged Property for the collection of the Indebtedness (without any prior or different resort for collection), or (b) the right of Beneficiary to the payment of the Indebtedness out of the proceeds of the sale of all or any part of the Mortgaged Property in preference to every other person and claimant.

Waiver of Marshalling and Certain Rights. To the extent that Grantors Grantor may lawfully do so, Grantors Grantor hereby expressly waive waives any right pertaining to the marshalling of assets, the exemption of homestead, the administration of estates of decedents, or other matters to defeat, reduce or affect (a) the right of Beneficiary to sell all or any part of the Mortgaged Property for the collection of the Indebtedness (without any prior or different resort for collection), or (b) the right of Beneficiary to the payment of the Indebtedness out of the proceeds of the sale of all or any part of the Mortgaged Property in preference to every other person and claimant.