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Illustrations: 2.A owns land worth $10,000 which is subject to a mortgage to secure a debt of $5,000.A promises to make a gift of the land to his son B and to pay off the mortgage,and later gives B a deed subject to the mortgage. B's acceptance of the deed is not consideration for A's promise to pay the mortgage debt. 對卧香价贸易大学 1951Illustrations: z 2. A owns land worth $10,000 which is subject to a mortgage to secure a debt of $5,000. A promises to make a gift of the land to his son B and to pay off the mortgage, and later gives B a deed subject to the mortgage. B's acceptance of the deed is not consideration for A's promise to pay the mortgage debt
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