71-1-104. Mortgage not a personal obligation. 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.
History: En. Sec. 3817, Civ. C. 1895; re-en. Sec. 5738, Rev. C. 1907; re-en. Sec. 8253, R.C.M. 1921; Cal. Civ. C. Sec. 2928; re-en. Sec. 8253, R.C.M. 1935; R.C.M. 1947, 52-108.
Structure Montana Code Annotated
Title 71. Mortgages, Pledges, and Liens
71-1-102. Power of attorney to execute
71-1-103. Mortgage a special lien -- on what a lien
71-1-104. Mortgage not a personal obligation
71-1-105. Mortgagee not entitled to possession
71-1-107. Transfers of interest
71-1-108. Subsequently acquired title
71-1-109. Mortgage of property adversely held
71-1-110. Passage of mortgage by assignment of debt
71-1-113. Limit on the amount of funds on reserve