The right of the guarantor to consolidate is superior to the rights of the second mortgagee.\u00a0 \u00a0\u00a0The guarantor is not entitled against a second mortgagee to tack costs incurred in the context of a guarantor covenant onto the first mortgage, as against the second mortgagee.<\/p>\n
The guarantor is entitled to equities which the creditor could have enforced.\u00a0 They have priority over the debtor and also persons claiming through him and under him.<\/p>\n
The above rights may be varied by the terms of the guarantee.\u00a0 They may be expressly released or varied if the guarantor has an indemnity from the debtor in lieu of rights he might otherwise have.<\/p>\n\n
\n <\/div>\n\n","protected":false},"excerpt":{"rendered":"
Rights Acquired The guarantor’s right against the creditor.\u00a0 The guarantor or guarantor obtains rights against the creditor by reason of the guarantee.\u00a0 The rights arise at the outset on the signing of the guarantor and are not dependent on the guarantor being enforced. After the guaranteed debt is due but before it is demanded, the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[374],"tags":[],"_links":{"self":[{"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/posts\/27607"}],"collection":[{"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/comments?post=27607"}],"version-history":[{"count":6,"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/posts\/27607\/revisions"}],"predecessor-version":[{"id":30516,"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/posts\/27607\/revisions\/30516"}],"wp:attachment":[{"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/media?parent=27607"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/categories?post=27607"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/legalblog.ie\/wp-json\/wp\/v2\/tags?post=27607"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}