Mortgage – Securing payment of money or performance of act
Art. 3293. Obligations for which mortgage may be established. A conventional mortgage may be established to secure performance of any lawful obligation, even one for the performance of an act. The obligation may have a term and be subject to a condition.
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.
