State Codes and Statutes

Statutes > New-york > Rpp > Article-8 > 249

§  249.  Covenants  in mortgages. A mortgage of real property does not  imply a covenant for the payment of the sum intended to be secured;  and  where such covenant is not expressed in the mortgage, or a bond or other  separate  instrument  to  secure  such  payment  has not been given, the  remedies of the mortgagee are confined to the property mentioned in  the  mortgage.

State Codes and Statutes

Statutes > New-york > Rpp > Article-8 > 249

§  249.  Covenants  in mortgages. A mortgage of real property does not  imply a covenant for the payment of the sum intended to be secured;  and  where such covenant is not expressed in the mortgage, or a bond or other  separate  instrument  to  secure  such  payment  has not been given, the  remedies of the mortgagee are confined to the property mentioned in  the  mortgage.

State Codes and Statutes

State Codes and Statutes

Statutes > New-york > Rpp > Article-8 > 249

§  249.  Covenants  in mortgages. A mortgage of real property does not  imply a covenant for the payment of the sum intended to be secured;  and  where such covenant is not expressed in the mortgage, or a bond or other  separate  instrument  to  secure  such  payment  has not been given, the  remedies of the mortgagee are confined to the property mentioned in  the  mortgage.