California Civil Code 2928 – A mortgage does not bind the mortgagor personally to perform the act …
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A mortgage does not bind the mortgagor personally to perform the act for the performance of which it is a security, unless there is an express covenant therein to that effect.
(Enacted 1872.)
Terms Used In California Civil Code 2928
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
- Mortgagor: The person who pledges property to a creditor as collateral for a loan and who receives the money.