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LAWS OF MARYLAND.
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Chapter 471.
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AN ACT to repeal and re-enact the act of eighteen
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hundred and seventy-two, chapter two hundred
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and thirteen, entitled " An act to repeal section
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second of article sixty-four of the Code of Public
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General Laws," relating to mortgages, and to re-
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enact the same with amendments.
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SECTION 1. Be it enacted by the General Assem-
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bly of Maryland, That section second of article
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sixty-four of the Code of Public General Laws, as
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Repealed and
re-enacted.
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amended by chapter two hundred and thirteen of
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the acts of eighteen hundred and seventy-two, be
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and the same is hereby repealed and re-enacted so as
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to read as follows:
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SECTION 2. No mortgage or deed in the nature of
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a mortgage shall be a lien or charge on any estate
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or property for any other or different principal sum
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or sums of money than the principal sum or sums
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When not a
Hen.
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that shall appear on the face of such mortgage, and
be specified and recited therein, and particularly
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mentioned and expressed to be received thereby at
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the time of executing the same; and no mortgage
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or deed in the nature of a mortgage shall be a lien
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or charge for any sum or sums of money to be
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loaned or advanced after the same is executed ex-
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cept from the time said loan or advance shall be
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actually made; and no mortgage to secure such
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When valid.
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future loans or advances shall be valid unless the
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amount or amounts of the same, and the times when
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they are to be made, shall be specifically stated in
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said mortgages; this not to apply to mortgages to
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indemnify the mortgagee against loss from being
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endorser or security, nor to any mortgages given by
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brewers to malsters to secure the payment to the
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latter of debts contracted by the former for malt
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and other material used in the making of malt
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liquors; provided, however, that Baltimore and
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Prince George's counties be excepted from said
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Excepted.
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amendment and repeal of section two of article
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sixty-four, and that the said section of the said
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article shall be and remain in force in the said
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counties.
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Approved May 3, 1882.
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