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249 — New York Law | CourtGPT
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  5. Article 8 - Conveyances and Mortgages240 - Definitions and Use of Terms/
  6. 249
New York Legal Code

249

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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.