2019 US Virgin Islands Code
Title 28 - Property
Chapter 1 - Estates in Property Generally
§ 10. Covenant for payment in mortgage
Universal Citation: V.I. Code tit. 28, § 10 (2019)
A mortgage does not imply a covenant for the payment of the sum thereby intended to be secured. When there is no express covenant for such payment in the mortgage, and no bond or other separate instrument to secure such payment has been given, the remedies of the mortgagee are confined to the property mentioned in the mortgage.
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