'218 ARTICLE 21.

of the funds so borrowed, and/or any then existing or future indebtedness
to such institution, by chattel mortgage upon personal property of any
kind, character or description owned at the time of the execution of the
mortgage, or property of the same class as is covered by the mortgage if ac-
quired by the mortgagor subsequent to the execution of the mortgage and
prior to its extinguishment, and/or upon any crop or crops, annual or
perennial, including fruit crops, grown or growing, either already planted
or to be planted and/or maturing within one year from the execution of
such mortgage. Such mortgage shall be a lien upon the property therein
described from the time of the docketing of such mortgage as provided for
herein, which lien shall be good and valid against, and superior to all
rights of, subsequent creditors, purchasers, mortgagees, and other lienors
and encumbrancers, and any of them, and for the purposes of this sub-
title, all such property shall be deemed to be personal property and mort-
gageable as such.

1935. ch. 281, sec. 54B.

54B. Lien or Mortgage on Crops. The lien of any mortgage on crops
executed in pursuance of the provisions of this sub-title shall be superior
to any mortgages or judgments or other liens upon the land upon which
any such crop has been so seeded and/or may be growing, and any sale
made under any mortgage or judgment or other lien upon such land before
said crop has been severed shall be made subject to the lien on said crops
as provided for in this sub-title; provided, however, that the provisions of
this sub-title shall not in any manner whatever affect any mortgage or
judgment, or other lien upon the land, recorded prior to the approval of
this sub-title. ¹

1935, ch. 2S1, sec. 54C.

54C. Future Advances. Any such mortgage may secure future ad-
vances to be made by the mortgagee, at its option, within a period of five
years from the execution of such mortgage, but not to exceed in the
aggregate an amount stated in such mortgage; and all advances so made
shall be secured by such mortgage equally and to the same extent as the
amount originally advanced on the security of such mortgage, and all such
future advances shall be a lien upon the property therein described from
the time of the docketing¹ of such mortgage, good and valid against and
superior to all rights of subsequent creditors, purchasers, mortgagees and
other lienors and encumbrancers and any of them.

1935, ch. 281, sec. 54D.

54D. Replacements j Fodder Crops, etc. Such mortgage may include
replacements of any of the mortgaged property therein described and all
increase of animals and livestock of all kinds. No chattel mortgage of
livestock and hay, grain or other food stuffs shall be invalid in any par-

¹ Act approved April 29. 1935. but became effective June 1, 1935.