N.Y. Real Property Law § 249: Covenants in mortgages

§ 249. Covenants in mortgages. A mortgage of real property does not

imply a covenant for the payment of the sum intended to be secured; and

where such covenant is not expressed in the mortgage, or a bond or other

separate instrument to secure such payment has not been given, the

remedies of the mortgagee are confined to the property mentioned in the

mortgage.