HRS §490:9-624
When you can give up rights after default
This section says when a borrower or someone who guarantees a loan can give up certain rights after defaulting. They can only do this by signing a written agreement after the default happens. In most cases, they can also give up the right to get collateral back, but not in consumer goods deals.
borrowerscreditorsdebtors
The statute, as written — Waiver
(a) A debtor or secondary obligor may waive the right to notification of disposition of collateral under section 490:9-611 only by an agreement to that effect entered into and signed after default. (b) A debtor may waive the right to require disposition of collateral under section 490:9-620(e) only by an agreement to that effect entered into and signed after default. (c) Except in a consumer-goods transaction, a debtor or secondary obligor may waive the right to redeem collateral under section 490:9-623 only by an agreement to that effect entered into and signed after default.
Sections this one refers to
§490:9-611 Who must get notice before collateral is sold
§490:9-620 When a lender can keep collateral for the debt
§490:9-623 Right to redeem collateral
LawTrove is not legal advice. The summary above is a computer-generated restatement — the authoritative text is the official version linked above.