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The Annotated Code of the Public General Laws of Maryland, 1924
Volume 375, Page 2202   View pdf image (33K)
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2202 ARTICLE 66.

An. Code, sec. 11. 1904, sec. 11. 1888, sec. 11. 1826, ch. 192, sec. 4. 1836, ch. 249, sec. 7.

11. All such sales, when-confirmed by the court and the purchase
money is paid, shall pass all the title which the mortgagor had in the said
mortgaged premises at the time of the recording of the mortgage.

Where the tax affidavit is not made to a mortgage when it is originally recorded,
the re-filing of such mortgage a month later and after affidavit is made does not
make it a new instrument, so that if mortgagor has divested himself of his equity
of redemption, there is no title upon which a subsequent mortgage sale could operate;
the identity of the mortgage is not changed. See notes to art. 21, sec. 33. Tolson v.
Williams, 136 Md. 615.

After execution and delivery of a mortgage it is beyond the power of mortgagor,
by his own act, to impair or modify estate conveyed; a sale under mortgage invests
. purchaser with entire title held by mortgagor at time the mortgage was recorded.
Sullens y. Finney, 123 Md. 657,

The title that passes is that of the mortgagee at the time mortgage was recorded,
and not at time of foreclosure. Feigner v. Slingluff, 109 Md. 480; Duval v. Becker,
81 Md. 549; Leonard v. Groome, 47 Md. 504.

This section referred to in construing sec. 9—see notes thereto. Albert v. Hamilton,
76 Md. 307; Warfield v. Rpss, 38 Md. 90.

Cited but not construed in Dircks v. Logsdon, 59 Md. 178.

See notes to sec. 6.

An. Code, sec. 12. 1904, see. 12. 1888, sec. 12. 1826, ch. 192, sec. 5. 1836, ch. 249, sec. 8.

12. Upon a sale of such mortgaged premises, any person claiming an
interest in the equity of redemption may apply to the court confirming
the sale to have the surplus of the proceeds of sale, after payment to the
mortgagee of his claim and expenses, paid over to such person, or so much
thereof as will satisfy his claim, and the court shall distribute such surplus
equitably among the claimants thereto.

This section is analogous to right existing on part of subsequent holders of liens,
in regard to sales under usual modes of proceeding in equity. Leonard v. Groome,
47 Md. 504.

This section referred to in determining that a sale will not be set aside because
subsequent incumbr,ancers are not parties. Chilton v. Brooks, 71 Md. 448.
See notes to sec. 6.

An. Code, sec. 13. 1904, sec. 13. 1888, sec. 13. 1826, ch. 192, sec. 4. 1874, ch. 460.

13. After said sale has been confirmed by the court and the purchase
money paid, the person making such sale shall convey the property to
the purchaser, or if the vendor and purchaser be the same person the court
confirming the sale shall, in its order of ratification, appoint a trustee to
convey the property to the purchaser on the payment of the purchase
money; provided, however, that said trustee shall not give a bond unless
the court shall deem it necessary and prescribe the same in the decree.
Cited but not construed in Hubbard v. Jarrell, 23 Md. 80.

An. Code, sec. 14. 1904, sec. 14. 1888, sec. 14. 1825, ch. 203, sec. 8.

14. No title to mortgaged premises derived from any sale made in
virtue of such power and confirmed as aforesaid shall be questioned,
impeached or defeated, either at law or in equity, by reason that the
mortgaged premises were purchased in by the mortgagee or his assignee, or
his legal representatives, or for his benefit or account.

Purpose of this section. If mortgagee or his assignee has acquired the property in
an oppressive or unfair manner, sale will be set aside. Read v. Reynolds, 100 Md
292; Talbott v. Laurel Bldg. Assn., 140 Md. 568.

 

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The Annotated Code of the Public General Laws of Maryland, 1924
Volume 375, Page 2202   View pdf image (33K)
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