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The Maryland Code, Public General Laws, 1888
Volume 389, Page 1013   View pdf image
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ART. 66.] MORTGAGES—FUTURE ADVANCES. 1013

White, 1 Md Ch. 538. Thompson v. Banks, 2 Md Ch. 430. Davis v. Banks,
3 Md. Ch. 138. Ing v. Brown, 3 Md. Ch. 521. Campbell v. Lowe, 9 Md. 508.
Farrell v. Bean, 10 Md. 217. Timms v. Shannon, 19 Md. 297. Waters' Lessee
v. Riggin, 19 Md. 536. Owens a. Miller. 29 Md. 144.

P. G. L., (1860,) art. 64, sec. 2. 1825, ch. 50. 1872, ch. 213. 1882, ch. 471.

2. No mortgage or deed in the nature of a mortgage shall be
a lien or charge on any estate or property for any other or
different principal sum or sums of money than the principal sum
or sums that shall appear on the face of such mortgage, and be

specified and recited therein, and particularly mentioned and

expressed to be secured thereby at the time of executing the
asame; and no mortgage or deed in the nature of a mortgage shall
be a lien or charge for any sum or sums of money to be loaned or
advanced after the same is executed, except from the time said
loan or advance shall be actually made; and no mortgage to
secure future loans or advances shall be valid unless the amount

or amounts of the same, and the times when they are to be made,
shall be specifically stated in said mortgage; this not to apply to
mortgages to indemnify the mortgagee against loss from being
endorser or security, nor to any mortgages given by brewers to
masters to secure the payment to the latter of debts contracted
by the former for malt and other material used in the making of
malt liquors.

Cole v. Albers, 1 Gill, 412. Young's Estate, 3 Md. Ch. 461. Robertson v.
Am. Homest. Asso., 10 Md. 397. Wilson v.Russell, 13 Md. 495. Brooks v.
Lester, 36 Md. 65. Maus v. McKellip, 38 Md. 231. Bank of Commerce v.
Lanahan, 45 Md. 396. Laeber v. Langhor, 45 Md 477. Appeal Tax Court of
Baltimore City v. Rice, 50 Md 318. Harrison v. Annapolis & Elkridge R R.
Co., 50 Md. 505. Harris v. Hooper, 50 Md. 549. Robinson v. Consol. Real
Estate & Fire Ins. Co , 55 Md. 110. Brown v. Stewart, 56 Md. 431.

1882, ch. 471.

3. In Baltimore and Prince George's counties, no mortgage or

deed in the nature of a mortgage shall be a lien or charge on any
restate or property for any other or different principal sum or
sums of money than the principal sum or sums that shall appear
on the face of such mortgage, and be specified and recited therein,
and particularly mentioned and expressed to be received thereby
at the time of executing the same; this not to apply to mortgages
to indemnify the mortgagee against loss from being endorser or
security.

 

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The Maryland Code, Public General Laws, 1888
Volume 389, Page 1013   View pdf image
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