Legislation
SECTION 249
Covenants in mortgages
Real Property (RPP) CHAPTER 50, ARTICLE 8
§ 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.
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.