Common use of Legal powers Clause in Contracts

Legal powers. Where a power that the mortgage gives us goes beyond what is permitted by a law that applies despite what you and we have agreed to, we have the power as far as that law permits, or the power is subject to our complying with that law. Subject to such a law, we can exercise any power under the mortgage without giving any notice or taking any other step. Our rights. Our rights under the mortgage or this part 15. aren't exhaustive. We have the rights given to us by the mortgage, any other agreement, or the law. We can exercise those rights at any time, at the same time, in any order and as often as we choose.

Legal powers. Where a power that the mortgage gives us goes beyond what is permitted by a law that applies despite what you and we have agreed to, we have the power as far as that law permits, or the power is subject to our complying with that law. Subject to such a law, we can exercise any power under the mortgage without giving any notice or taking any other step. Our rights. Our rights under the mortgage or this part 1516. aren't exhaustive. We have the rights given to us by the mortgage, any other agreement, or the law. We can exercise those rights at any time, at the same time, in any order and as often as we choose.

Legal powers. Where a power that the mortgage gives us goes beyond what is permitted by a law that applies despite what you and we have agreed to, we have the power as far as that law permits, or the power is subject to our complying with that law. Subject to such a law, we can exercise any power under the mortgage without giving any notice or taking any other step. Our rights. Our rights under the mortgage or this part 1514. aren't exhaustive. We have the rights given to us by the mortgage, any other agreement, or the law. We can exercise those rights at any time, at the same time, in any order and as often as we choose.