clear space clear space clear space white space
A
 r c h i v e s   o f   M a r y l a n d   O n l i n e

PLEASE NOTE: The searchable text below was computer generated and may contain typographical errors. Numerical typos are particularly troubling. Click “View pdf” to see the original document.

  Maryland State Archives | Index | Help | Search
search for:
clear space
white space
Session Laws, 1910 Session
Volume 487, Page 204   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>
clear space clear space clear space white space

204 LAWS OF MARYLAND.

32. All sales made in pursuance of such authority shall be
made, reported and confirmed, and the purchase money dis-
tributed in the same manner and subject to and in accordance
with all the provisions and conditions contained in this Article
relating to sales of mortgaged property; and all such sales,
when confirmed by the court and the purchase money paid,
shall pass to the purchaser or purchasers, thereat all the title
which the vendor or vendors in said deed or instrument of
writing had in the property therein described at the time of
the recording thereof, and all the title the vendor or vendors ac-
quired thereby, and a decree in personam against the vendee
may be entered for the amount of any unsatisfied portion of
the purchase money in the same manner as provided for the
entry of such decrees against the mortgagee in cases of mort-
gage sales.

33. It may be provided in such deed or instrument of writ-
ing retaining a lien as aforesaid that in cases of sales of prop-
erty under the preceding sections any notes or other instru-
ments of indebtedness mentioned in such deed or other instru-
ment under which the property therein mentioned was sold
shall be paid and satisfied in full in the order of their maturity;
provided, however, that if any of such notes or instruments of
indebtedness shall have been paid or satisfied, no further pro-
ceedings shall be had in reference thereto or the satisfaction
thereof, but the funds arising from such sales shall be distrib-
uted as if said notes already paid or satisfied had never been
given.

34. If such lien be duly released of record after the date of
the maturity of the notes, other instruments, or debt therein
mentioned, such notes, other instruments or debts shall be con-
clusively presumed to have been so far as any lien upon the
property or estate mentioned in the said deed or instrument is
concerned.

35. An assignment or a release of the lien retained by the
vendor, as hereinbefore provided, may be made by the vendor,
his assigne or personal representative, or the personal repre-
sentatives of his assignee, as now provided by Sections 32 to 39,
both inclusive, of Article 21 of the Code of Public General
Laws of the State of Maryland for the short assignment or re-
lease of a mortgage; and the clerk at the time of recording
every deed or instrument retaining a lien as aforesaid, shall
leave a blank space at the foot thereof for the purpose of enter-
ing such assignments and release.

36. The acceptance by the vendor of any guarantee or en-
dorsement, or collateral, or other security to insure the full
payment of any lien expressly retained as heretofore provided,


 

clear space
clear space
white space

Please view image to verify text. To report an error, please contact us.
Session Laws, 1910 Session
Volume 487, Page 204   View pdf image (33K)
 Jump to  
  << PREVIOUS  NEXT >>


This web site is presented for reference purposes under the doctrine of fair use. When this material is used, in whole or in part, proper citation and credit must be attributed to the Maryland State Archives. PLEASE NOTE: The site may contain material from other sources which may be under copyright. Rights assessment, and full originating source citation, is the responsibility of the user.


Tell Us What You Think About the Maryland State Archives Website!



An Archives of Maryland electronic publication.
For information contact mdlegal@mdarchives.state.md.us.

©Copyright  October 06, 2023
Maryland State Archives