Section 9 of the GoDocs guaranty is an effective waiver for the guarantor regarding Civil Code Section 2856. Without such waiver, guarantors of California real estate loans are usually protected by California’s anti-deficiency and one-action rules. With that, such waiver could allow the lender to pursue the real estate securing the loan, as well as a deficiency judgment for the remaining indebtedness from the guarantor. It should be noted that the borrower/guarantor relationship, as well as particulars of the loan, collateral and lender-remedy-process, may affect the remedies available to the lender at any point. Qualified counsel is recommended for any Lender who is looking to pursue default remedies before the pursuit of such remedies.