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The Annotated Code of the Public General Laws of Maryland, 1924
Volume 375, Page 2194   View pdf image (33K)
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2194 ARTICLE 66.

ARTICLE 66.

MORTGAGES.

1. Deed absolute on its face to be con-
sid.ered a mortgage, if there be a
defeasance in writing; defeasance
must be recorded; effect of failure
to record it.
2. Sums to appear on face of mortgage;
mortgages to secure future advances
to indemnify security, and from
brewers to malsters; not to apply to
deeds of trust in nature of mortgage.
3. In Baltimore and Prince George's
counties.
4. When preferred to previous judgments
or decrees; proviso.
5. Covenant to pay taxes.
6. Powers of sale; sale under.
7. Bond.
8. Publication of notice.
9. Report to court; powers of court.
10. Eesale.
11. If confirmed, title to pass.
12. Distribution by court of surplus pro-
ceeds.
13. Conveyances to purchaser; trustee to
convey ; bond.
14. Premises may be bought in by mort-
gagee.
15. Where sales to be made.
16. Injunction to stay proceedings.
17. Motion to dissolve injunction.
18. Bond.
19. Purchaser may have writ of possession.
20. Purchaser and tenants.
21. Death of mortgagee.
22. Release by executor, administrator or
assignee.

23. Certain mortgage sales made valid.
24. When court may enter, decree in per-
sonam for deficiency on mortgage
sale; proviso.
25. Presumption of ownership and of pay-
ment, in cases of promissory notes
and other instruments and debts
secured by mortgage.
26. Annual crops of debtor not to pass
with mortgage.
27. Agreement for rental of said crops; ap-
pointment of appraisers by court.
28. Right to distrain for rental; provisos.
29 Defective mortgages and assignments
of mortgages prior to March 15,
1904, made valid.
30. Assignment of mortgages defectively
sealed or sworn to; provisos.

Vendor's Lien.

31. Vendor's lien abolished save as far as
it be expressed upon face of deed,
etc.; provisos.
32. Power of sale may be inserted; di-
visible.
33. Sales in pursuance of such power; per-
sonal decree.
34. May provide for payment of notes,
etc.; proviso.
35. Presumption as to matured notes
where lien released of record.
36. Assignment or release of lien.
37. Collateral security not waiver of lien.
38. Index to vendors' liens.

As to execution, acknowledgment, recording, assignment, release, etc., of mortgages,
see art. 21, sec. 32, et seq.

As to recording of a mortgage not recorded in time as provided by law, see art. 16,
sec. 35.

As to mortgage tax, see art. 81, sec. 198, et seq.

Re. sale of rent in arrears a long with property subject to such rent, see art. 16,
sec. 236.

 

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The Annotated Code of the Public General Laws of Maryland, 1924
Volume 375, Page 2194   View pdf image (33K)
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