When a mortgage or deed of trust shall be given on real or personal estate, or when a lien shall be given by law, to secure the payment of a sum of money specified in any writing, an action or suit or other proceedings shall not be brought or had upon such lien, mortgage, or deed of trust to recover the sum of money so secured except within the time that may be allowed for the commencement of an action at law upon the writing in which the sum of money secured by such lien, mortgage, or deed of trust may be specified. In all cases where the remedy at law to recover the debt shall be barred, the remedy in equity on the mortgage shall be barred.
Structure Mississippi Code
Title 15 - Limitations of Actions and Prevention of Frauds
Chapter 1 - Limitation of Actions
§ 15-1-1. Application of chapter
§ 15-1-5. Period of limitations shall not be changed by contract
§ 15-1-7. Limitations applicable to actions to recover land
§ 15-1-9. Limitations applicable to suits in equity to recover land
§ 15-1-11. Limitations applicable to actions to recover land for defect in instrument
§ 15-1-15. Three years' actual occupation under a tax title bars suit
§ 15-1-17. Limitations applicable to actions or suits to cancel tax titles
§ 15-1-19. Limitations applicable to suits to redeem mortgage or deed of trust
§ 15-1-25. Limitations applicable to action or scire facias against executor or administrator
§ 15-1-27. Limitations applicable to action by ward against guardian or surety
§ 15-1-29. Limitations applicable to actions on accounts and unwritten contracts
§ 15-1-31. When statute commences to run on open accounts
§ 15-1-33. Limitations applicable to actions and suits for penalty or forfeiture
§ 15-1-35. Limitations applicable to actions for certain torts
§ 15-1-39. Limitations applicable to actions involving certain trusts
§ 15-1-45. Limitations applicable to actions founded on foreign judgments or decrees
§ 15-1-47. Lien of judgments limited
§ 15-1-51. Limitations of suits by and against the state, counties and municipal corporations
§ 15-1-55. Effect of death of party before bar is complete
§ 15-1-57. Statute of limitations not to run when person prohibited to sue
§ 15-1-59. Saving in favor of persons under disabilities
§ 15-1-63. Effect of absence from the state
§ 15-1-65. Action barred in another jurisdiction barred here
§ 15-1-67. Effect of fraudulent concealment of cause of action
§ 15-1-69. Commencement of new action subsequent to abatement or defeat of original action
§ 15-1-71. Limitation of setoff
§ 15-1-75. Bar of statute of limitations against one does not affect another jointly interested
§ 15-1-77. Effect upon limitations of concurrent jurisdiction in courts of common law and of equity