N.Y. Real Prop. Law § 249
Current through 2024 NY Law Chapters 1-49, 52, and 61-117
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.
N.Y. Real Prop. Law § 249