WM. PRESTON LANE, JR., GOVERNOR 237

to abide by and fulfill any order or decree which shall be made
by the court in relation to the sale of such mortgaged prop-
erty or the proceeds thereof; and such bonds shall be and re-
main as an indemnity to and for the security of all persons
interested in such mortgaged property or the proceeds thereof
and be subject to be sued upon as other bonds taken in the
name of the State and subject to the same limitations and
disabilities as such other bonds. Upon the docketing of an
appropriate suit in such court of equity and the filing therein
of the mortgage exhibit, or duly certified copy thereof, with
or without the bond described in this section, the jurisdiction
of the court shall forthwith attach.

(c) In all sales made in pursuance of such authority the
party offering the same for sale shall give, in the selling of
real estate or chattels real, not less than twenty days and in
the sale of personal property not less than five days' notice
of the time, place and terms thereof by advertisement in some
newspaper published in the county or city where the mort-
gaged property or some portion thereof is located, if there be
one so published, and, if not, in a newspaper having a large
circulation in said county or city.

(d) After a sale has been confirmed by the court and the
purchase money paid, the person making such sale shall con-
vey the property to the purchaser, or if the vendor and pur-
chaser 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; provided, however, that such a trustee need not give
a bond unless the court shall deem it necessary and prescribe
the same in the decree.

7. (a) In all mortgages of lands or of chattels real, or of
goods and chattels personal, situate in the State of Mary-
land, wherein the mortgagor shall declare his assent to the
passing of a decree for the sale of the same, it shall be law-
ful for the mortgagee's or one or more of them or their or his
assigns at any time after filing the same to be recorded
to submit to a court of equity of the city or county in which
the mortgaged property or some portion thereof lies the said
mortgages or certified copies thereof, and the Equity court to
which the same is so submitted may thereupon decree that
the mortgaged property shall be forthwith sold if default has
already taken place in any condition of the mortgage upon
which a sale is predicated by the terms thereof upon such
terms of sale as to the said court may seem proper or as pro-
vided in said mortgage; and the court shall appoint by said
decree a trustee or trustees to make such sale, and shall re-