A mortgage may not be construed as implying a covenant for the payment of the sum intended to be secured by the mortgage. When there is no express covenant for payment contained in the mortgage, and no bond or other separate instrument to secure payment is given, the remedies of the mortgagee are confined to the land mentioned in the mortgage.
Structure Alaska Statutes
Sec. 34.15.010. Manner of executing conveyances.
Sec. 34.15.015. Use of recorded master form.
Sec. 34.15.030. Form of warranty deed.
Sec. 34.15.040. Form of quitclaim deed.
Sec. 34.15.050. Effect of quitclaim.
Sec. 34.15.060. Passage of fee.
Sec. 34.15.070. Passage of grantor's entire estate.
Sec. 34.15.075. Receipt of after-acquired title or interest.
Sec. 34.15.080. Covenants not implied.
Sec. 34.15.090. Covenant not implied in mortgage.
Sec. 34.15.100. Conveyance of lands held adversely.
Sec. 34.15.105. Transfer fee covenants prohibited.
Sec. 34.15.110. Conveyances construed as creating tenancy in common.
Sec. 34.15.120. Remedy of tenant in common.
Sec. 34.15.130. Joint tenancy abolished.