State Codes and Statutes

Statutes > Michigan > Chapter-565 > R-s-of-1846 > R-s-1846-565-1-65 > Section-565-6

Revised Statutes of 1846 (EXCERPT)
CHAPTER 65. OF ALIENATION BY DEED, AND THE PROOF AND RECORDING OF CONVEYANCES, AND THE CANCELING OF MORTGAGES.

565.6 Covenants; implication in mortgage.

Sec. 6.

No mortgage shall be construed as implying a covenant for the payment of the sum thereby intended to be secured; and where there shall be no express covenant for such payment contained in the mortgage, and no bond or other separate instrument to secure such payment, shall have been given, the remedies of the mortgagee shall be confined to the lands mentioned in the mortgage.


History: R.S. 1846, Ch. 65 ;-- CL 1857, 2725 ;-- CL 1871, 4208 ;-- How. 5656 ;-- CL 1897, 8960 ;-- CL 1915, 11692 ;-- CL 1929, 13282 ;-- CL 1948, 565.6

State Codes and Statutes

Statutes > Michigan > Chapter-565 > R-s-of-1846 > R-s-1846-565-1-65 > Section-565-6

Revised Statutes of 1846 (EXCERPT)
CHAPTER 65. OF ALIENATION BY DEED, AND THE PROOF AND RECORDING OF CONVEYANCES, AND THE CANCELING OF MORTGAGES.

565.6 Covenants; implication in mortgage.

Sec. 6.

No mortgage shall be construed as implying a covenant for the payment of the sum thereby intended to be secured; and where there shall be no express covenant for such payment contained in the mortgage, and no bond or other separate instrument to secure such payment, shall have been given, the remedies of the mortgagee shall be confined to the lands mentioned in the mortgage.


History: R.S. 1846, Ch. 65 ;-- CL 1857, 2725 ;-- CL 1871, 4208 ;-- How. 5656 ;-- CL 1897, 8960 ;-- CL 1915, 11692 ;-- CL 1929, 13282 ;-- CL 1948, 565.6


State Codes and Statutes

State Codes and Statutes

Statutes > Michigan > Chapter-565 > R-s-of-1846 > R-s-1846-565-1-65 > Section-565-6

Revised Statutes of 1846 (EXCERPT)
CHAPTER 65. OF ALIENATION BY DEED, AND THE PROOF AND RECORDING OF CONVEYANCES, AND THE CANCELING OF MORTGAGES.

565.6 Covenants; implication in mortgage.

Sec. 6.

No mortgage shall be construed as implying a covenant for the payment of the sum thereby intended to be secured; and where there shall be no express covenant for such payment contained in the mortgage, and no bond or other separate instrument to secure such payment, shall have been given, the remedies of the mortgagee shall be confined to the lands mentioned in the mortgage.


History: R.S. 1846, Ch. 65 ;-- CL 1857, 2725 ;-- CL 1871, 4208 ;-- How. 5656 ;-- CL 1897, 8960 ;-- CL 1915, 11692 ;-- CL 1929, 13282 ;-- CL 1948, 565.6