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The Maryland Code Public General Laws, 1904
Volume 393, Page 1548   View pdf image (33K)
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1548 MORTGAGES. [ART. 66

ceeds 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.
Leonard v. Groome, 47 Md. 504. Chilton v. Brooks, 69 Md. 587.

1888, art. 66, sec. 13. 1860, art. 64, sec. 12. 1626, 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; pro-
vided, however, that said trustee shall not give a bond unless
the court shall deem it necessary and prescribe the same in the
decree.

Ibid. sec. 14. 1860, art. 64, sec. 13. 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.

Dircks v. Logsdon, 59 Md. 179. Chilton v. Brooks, 71 Md 445. Roberts
v. Loyola P. B. Asso., 74 Md. 1.

Ibid. sec. 15. 1860, art. 64, sec. 14. 1825, ch. 203, sec. 10.

16. All mortgage sales shall be made in the county or city
where the mortgaged premises are situated; and where the
mortgaged premises described in any mortgage are situated in
more than one county, the sale may be made in either of the
counties in which the lands are situated.

Bank of Commerce v. Lanahan, 45 Md. 396. Harrison v. Annapolis &
Elkridge R. R Co., 50 Md 514. Webb v. Haeffer, 53 Md. 190.

Ibid, sec 16. 1860, art...64, sec. 15. 1826, ch. 192, see. 8. 1836,

ch. 249, sec. 16.

16. No injunction shall be granted to stay any sale or any
proceedings after any sale of mortgaged premises under this
article, unless the party praying such injunction shall be also a
party to the deed of mortgage in virtue of which the property
sold or offered for sale shall have been mortgaged, or shall


 

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The Maryland Code Public General Laws, 1904
Volume 393, Page 1548   View pdf image (33K)
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