ALBERT C. RITCHIE, GOVERNOR.                  475-

cedence over any and all liens so that the same shall retain the
same right of priority as said municipal taxes then has.

Before the acceptance by said municipal authorities of said
note or other obligation and confessed judgment, said applicant
shall pay to said municipal authorities a sum equal to the
amount of commissions payable to their Tax Collector and
such other costs as may be incurred by said municipal authori-
ties in investigating the statements contained in the applica-
tion and recording any and all paper writing in connection
with the same., and said commissions shall be paid to the said
Tax Collector of such municipality in the same manner as
other commissions for the collection of municipal taxes are
paid, and upon the acceptance of said note or obligation and
confessed judgment and payments as aforesaid, the Tax Col-
lector of the municipality, together with the surety upon his
bond, shall be released from the collection of such municipal
taxes. The amount of commissions paid as aforesaid shall be
deducted from the amount of taxes, in computing the amount
for which said note or obligation and confessed judgment shall
be made. Said applicant shall at all times keep said property
insured against fire, and in default of the same execution may
issue as in any other default.

Said note and confessed judgment and waiver of liens shall
be duly signed by the person or persons legally entitled to sign
the same and shall be acknowledged in the same manner and
before officers who are authorized to take acknowledgments of
deeds. Upon the acceptance by said municipal authorities of
said note or obligation and confessed judgment and waiver of
liens, the said waiver of liens and confessed judgment shall be
filed with the Clerk of the Circuit Court for Allegany County
the same as other confessed judgments are recorded.

The said municipal authorities are hereby authorized and
empowered to endorse and assign or otherwise dispose of said
note or obligation and confessed judgment either in whole or
In parts, and if in whole, at maturity or upon default, the
said municipal authorities shall pay to the holder thereof the
amount then due, and collect the said amount from the maker
thereof, and in the event said note or obligation shall be dis-
posed of by said municipal authorities in parts, and default
shall occur upon any of said parts, then at the request, of the
holder of any part, any and all parts shall become due and
payable by said municipal authorities to the holder thereof,
and the municipal authorities shall thereupon enforce the pay-
ment of the total amount then due by execution and collection,,