MARVIN MANDEL, Governor                                2237

ADMINISTRATOR OR SUCH OTHER OFFICER OR AGENCY OF THE
FEDERAL GOVERNMENT WHICH MAY FROM TIME TO TIME PERFORM
THE DUTIES AND FUNCTIONS NOW BEING PERFORMED BY THE
FEDERAL AVIATION ADMINISTRATOR PRIOR TO THE TIME WHEN THE
LIEN BECAME EFFECTIVE. SURRENDER OR DELIVERY OF ANY
AIRCRAFT, OR PART THEREOF, WHICH IS SUBJECT TO THE LIEN
AFORESAID SHALL OPERATE AS A WAIVER OR EXTINGUISHMENT OF
THE SAME AS AGAINST THIRD PERSONS WITHOUT NOTICE THEREOF,
BUT SHALL NOT OPERATE AS A WAIVER OR EXTINGUISHMENT AS
AGAINST THE OWNER OR AS AGAINST THIRD PERSONS WITH
NOTICE.

(B)    SHOULD THE OWNER DISPUTE THE AMOUNT OF THE
CHARGE, OR ANY PART THEREOF, FOR WHICH THE LIEN IS
GRANTED AS AFORESAID, THE DISPUTE MAY BE DETERMINED BY
APPROPRIATE LEGAL PROCEEDINGS, AND THE INSTITUTION OF ANY
LEGAL PROCEEDINGS SHALL OPERATE AS A STAY OF EXECUTION
UNDER THE LIEN UNTIL THE AMOUNT THEREOF SHALL HAVE BEEN
JUDICIALLY DETERMINED, OR THE OWNER OF THE AIRCRAFT, OR
PART THEREOF, SHALL HAVE THE RIGHT TO IMMEDIATELY
REPOSSESS HIMSELF OF HIS AIRCRAFT OR PART THEREOF, UPON
FILING A GOOD AND SUFFICIENT CORPORATE BOND, IN DOUBLE
THE AMOUNT OF CLAIM, WITH THE CLERK OF THE CIRCUIT COURT
FOR THE COUNTY, OR WITH THE CLERK OF THE SUPERIOR COURT
OF BALTIMORE CITY, WHERE THE CORPORATION, FIRM,
INDIVIDUAL, ASSOCIATION, PERSON OR THE STATE OR ANY
COUNTY, CITY, TOWN OR VILLAGE CLAIMING THE LIEN MAY HAVE
DONE, FURNISHED OR PERMITTED ANY OR ALL OF THE THINGS
MENTIONED IN SUBSECTION (A) OF THIS SECTION TO, FOR OR IB
CONNECTION WITH THE AIRCRAFT, OR PART THEREOF, WHICH BOND
SHALL BE APPROVED BY THE CLERK OF THE COURT, AND THE BOND
SHALL BE CONDITIONED UPON THE PAYMENT OF THE FULL AMOUNT
OF ANY FINAL JUDGMENT WHICH MAY BE RECOVERED UPON THE
CLAIM, TOGETHER WITH INTEREST, AND ALL COSTS INCIDENT TO
ANY SUCH SUIT, AND ANY COSTS AND EXPENSES WHICH BAY HAVE
BEEN INCURRED IN CONNECTION WITH THE ENFORCEMENT OF THE
LIEN UP TO THE TIKE THAT THE LIEN CLAIMANT IS NOTIFIED OF
THE FILING OF THE BOND. FILING THE BOND SHALL OPERATE AS
A STAY OF EXECUTION UNDER THE LIEN UNTIL THE AMOUNT
THEREOF SHALL HAVE BEEN JUDICIALLY DETERMINED; AND IN ANY
SUCH SUIT AGAINST THE OWNER OF THE AIRCRAFT, OR PART
THEREOF, BY THE LIEN CLAIMANT AFTER FILING OF THE BOND,
IF ANY DEFENDANT IS RETURNED NON EST, SERVICE MAY BE
SECURED BY PUBLICATION AS IN THE CASE OF A SUIT AGAINST A
NONRESIDENT, PROVIDED, HOWEVER, THAT SUIT BE INSTITUTED
WITHIN SIX MONTHS FROM THE PRESENTATION OF SAID BOND,
OTHERWISE THE BOND IS TO BE NULL AND VOID.

(C)    ANY CORPORATION, FIRM, INDIVIDUAL,
ASSOCIATION, PERSON OR THE STATE, OR ANY COUNTY, CITY,
TOWN OR VILLAGE WHICH MAY HAVE A LIEN UNDER THIS SECTION
ON ANY AIRCRAFT, OR ANY PART THEREOF, FOR HAVING DONE,
FURNISHED OR PERMITTED ANY OR ALL OF THE THINGS MENTIONED
IN SUBSECTION (A) OF THIS SECTION, TO, FOR OR IN