1596

LAWS OF MARYLAND

Ch. 290

notice of sale before a certain time; and setting forth
the requirements for recording a request for notice of
sale; and providing for the contingency of a failure to
comply with certain notice requirements.

BY repealing and reenacting, with amendments,

Article - Real Property
Section 7-105(c)
Annotated Code of Maryland
(1974 Volume and 1980 Supplement)

SECTION 1. BE IT ENACTED BY THE GENERAL ASSEMBLY OF
MARYLAND, That section(s) of the Annotated Code of Maryland
be repealed, amended, or enacted to read as follows:

Article - Real Property

7-105.

(c) (1) The holder of a [recorded mortgage or other
security interest in property which is subject to a]
prior] SUPERIOR RECORDED mortgage or deed of trust [may]
SHALL give written notice OF ANY PROPOSED FORECLOSURE SALE
to the holder of any [prior] SUBORDINATE RECORDED mortgage
or [deed of trust [of the existence of the subordinate
mortgage or other security interest] OTHER SUBORDINATE
RECORDED INTEREST, IF THE SUBORDINATE HOLDER HAS PREVIOUSLY
RECORDED IN THE LAND RECORDS OFFICE OF EACH COUNTY WHERE THE
PROPERTY IS LOCATED A TIMELY REQUEST FOR NOTICE OF SALE
PRIOR TO THE DATE OF FIRST PUBLICATION OF A FORECLOSURE SALE
WHICH IS ACTUALLY HELD. A REQUEST FOR NOTICE OF SALE SHALL:

(I)  BE RECORDED IN A SEPARATE DOCKET OR
BOOK WHICH SHALL BE INDEXED UNDER THE NAME OF THE MORTGAGOR
HOLDER OF THE SUPERIOR MORTGAGE OR DEED OF TRUST AND UNDER
THE BOOK AND PAGE NUMBERS WHERE THE PRIOR SUPERIOR MORTGAGE
OR DEED OF TRUST IS RECORDED;

(II)  IDENTIFY THE PROPERTY IN WHICH THE
SUBORDINATE INTEREST IS HELD;

(III)  STATE THE NAME AND ADDRESS OF THE
HOLDER OF THE SUBORDINATE INTEREST; AND

(IV)  IDENTIFY THE SUPERIOR INTEREST
MORTGAGE OR DEED OF TRUST BY STATING:

1.  THE NAMES OF THE ORIGINAL PARTIES
TO THE SUPERIOR INTEREST MORTGAGE OR DEED OF TRUST;

2.  THE DATE THE SUPERIOR INTEREST
MORTGAGE OR DEED OF TRUST WAS RECORDED; AND

3.  THE OFFICE, DOCKET OR BOOK, AND
PAGE WHERE THE SUPERIOR INTEREST MORTGAGE OR DEED OF TRUST
IS RECORDED.