HARRY HUGHES, Governor                                         3405

1. Mortgages or deeds of trust for
refinancing, to the extent that the amount of the refinancing is
not more than the outstanding principal amount of the existing
mortgage at the time of refinancing, by the original mortgagor,
of property used as the original mortgagor's principal residence
if the mortgagor furnishes a statement that he is the original
mortgagor, that the property is his principal residence, and
specifying the amount of unpaid principal on the existing
mortgage that is being financed, and the statement shall be in
the mortgage instrument offered for record as part of its
recitals or as part of the acknowledgment, or in a separate
affidavit accompanying the instrument signed under the penalties
of perjury by the mortgagor;

2. Mechanic's liens, crop liens, or
security agreements relating to farm products or equipment used
in farming operations;

3. Purchase-money mortgages;

4. Assignments of mortgages or deeds of
trust;

5. Conditional sales contracts, [other].
purchase-money security agreements or security agreements
relating to the assignment of contract   rights, accounts, general
intangibles or inventory as those terms are defined in the
Uniform Commercial Code;

6. A filed financing statement under the
Uniform Commercial Code used to publicize any of the instruments
listed in sub-subparagraph 5. of this subparagraph;

7. Judgments;

8. Releases;

9. Orders of satisfaction; or

10. A participation agreement showing an
interest by a party in a note, mortgage or deed of trust based on
a prior recorded loan to the mortgagor or grantor under a deed of

trust.

(k) If the total amount of the debt which may become
secured by any instrument securing a debt shall not have been
incurred at the time such instrument is offered for record, [the
tax shall be computed solely in the principal amount of the debt
then incurred and secured by such instrument. Before any
additional debt is incurred which is to be secured by an
instrument previously recorded, the debtor shall file with the
clerks of the courts with which such instrument has been recorded
a duly verified statement showing the amount of such additional
debt and shall pay the tax with respect thereto upon, but only