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Mortgage securing obligation that is not for the payment of money

La. Civ. Code art. 3294
in effect
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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.
Source: Louisiana State Legislature (legis.la.gov)URL: https://legis.la.gov/legis/Law.aspx?d=110344Fetched: 10/20/2026

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