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The Laws of New York
Consolidated Laws of New York
CHAPTER 50
Real Property
ARTICLE 8
Conveyances and Mortgages
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SECTION 248
Effect of conveyance where property is leased
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ARTICLE 8
Conveyances and Mortgages
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SECTION 251
Covenants not implied
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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.