North Dakota Supreme Court December 14, 1915 (McDonald v. Finseth)

lead-opinion

Bruce, J.,

(after stating the facts as above). There is a decided conflict in the authorities upon the question which is before us, and some courts hold to the rule that the grantee of mortgaged premises who purchases subject to a mortgage which he assumes and agrees to pay will not be liable for a deficiency arising on a foreclosure and sale, unless his grantor is also liable,