Mich. Comp. Laws § 565.6

Current through Public Act 39 of the 2024 Legislative Session
Section 565.6 - Covenants; implication in mortgage

No mortgage shall be construed as implying a covenant for the payment of the sum thereby intended to be secured; and where there shall be no express covenant for such payment contained in the mortgage, and no bond or other separate instrument to secure such payment, shall have been given, the remedies of the mortgagee shall be confined to the lands mentioned in the mortgage.

MCL 565.6

R.S. 1846, Ch. 65 ;--CL 1857, 2725 ;--CL 1871, 4208 ;--How. 5656 ;--CL 1897, 8960 ;--CL 1915, 11692 ;--CL 1929, 13282 ;--CL 1948, 565.6.