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2009 Louisiana Civil Code :: CC 3294 - Mortgage securing obligation that is not for the payment of money
Art. 3294. Mortgage securing obligation that is not for the payment of money
A mortgage that secures an obligation other than one for the payment of money secures the claim of the mortgagee for the damages he may suffer from a breach of the obligation, up to the amount stated in the mortgage.
Acts 1991, No. 652, §1, eff. Jan. 1, 1992.
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