J. MILLARD TAWES, Governor                      941

number AND BY ITS RECORD REFERENCE. A termination
statement signed by a person other than the secured party of record
must include or be accompanied by the assignment or a statement by
the secured party of record that he has assigned the security interest
to the signer of the termination statement. The uniform fee for
filing and indexing such an assignment or statement thereof shall be
two dollars ($2.00). If the affected STATEMENT. THE UNIFORM
FEE FOR THE FILING, NOTING IN THE INDEX OF THE
FINANCING OR CONTINUATION STATEMENT THE FACT
OF SUCH ASSIGNMENT AND THE RECORD REFERENCE OF
THE ASSIGNMENT, FURNISHING A RECEIPT FOR SUCH FIL-
ING AND RECORDING THE ASSIGNMENT IN EITHER THE
FINANCING RECORDS OR THE LAND RECORDS SHALL BE
THE AMOUNT SPECIFIED IN ARTICLE 36, SECTION 12 (A)
(17), 1962 SUPPL., ANNOTATED CODE OF MARYLAND, AS
SAME MAY BE AMENDED FROM TIME TO TIME. IF THE
AFFECTED secured party fails to send such a termination state-
ment within ten days after proper demand therefor he shall be liable
to the debtor for one hundred dollars ($100), and in addition for any
loss caused to the debtor by such failure.

(2) On presentation to the filing officer of such a termination

statement he must note it in the index. The filing officer shall

remove from the files, mark "terminated" and send or deliver to

the secured party the financing statement and any continuation

statement, statement of assignment or statement of release per-

taining thereto.

(3) The uniform fee for filing and indexing a termination state-
ment including sending or delivering the financing and other state-

ments shall be two dollars ($2.00).

(2)   UPON PRESENTATION OF SUCH A TERMINATION
STATEMENT TO THE FILING OFFICER HE SHALL MARK
IT WITH AN IDENTIFYING FILE NUMBER AND WITH THE
DATE AND HOUR OF FILING AND GIVE A RECEIPT THERE-
FOR AND HE SHALL RECORD SAME IN EITHER THE
FINANCING RECORDS OR THE LAND RECORDS, AS THE
CASE MAY BE, WHERE THE ORIGINAL FINANCING OR CON-
TINUATION STATEMENT IS RECORDED. IN ADDITION THE
FILING OFFICER SHALL NOTE THE TERMINATION STATE-
MENT AND ITS RECORD REFERENCE ON THE INDEX OF
THE FINANCING OR CONTINUATION STATEMENT BEING
TERMINATED. AFTER RECORDING SUCH TERMINATION
STATEMENT THE ORIGINAL SHALL BE DELIVERED OR
MAILED TO THE PERSON WHOSE NAME AND ADDRESS FOR
PURPOSES OF DELIVERY SHALL BE INDICATED THEREON.

(3)  THE UNIFORM FEE FOR THE FILING, NOTING IN THE
INDEX OF THE FINANCING OR CONTINUATION STATE-
MENT THE FACT OF SUCH TERMINATION AND ITS RECORD
REFERENCE, FURNISHING A RECEIPT FOR SUCH FILING
AND RECORDING THE TERMINATION STATEMENT IN
EITHER THE FINANCING RECORDS OR THE LAND RECORDS,
AS THE CASE MAY BE, SHALL BE THE AMOUNT SPECIFIED
IN ARTICLE 36, SECTION 12(A)(17), 1962 SUPPL., ANNO-
TATED CODE OF MARYLAND, AS SAME MAY BE AMENDED
FROM TIME TO TIME.