468. Easements and covenants.

In the absence of statutory power, the mortgagee may not, on a sale of part of the property, grant easements over, or impose restrictive covenants upon, the part remaining unsold, or reserve easements or the benefit of covenants over the part sold1, save that a conveyance made in pursuance of such a sale has its ordinary effect with regard to apparent continuous easements. Hence it will give to the purchaser such rights of light and other easements as he would take without express mention if the mortgagee were selling as absolute owner2.

Where the mortgage3 deed is executed after 31