2846 LAWS OF MARYLAND Ch. 750
(a) For 15 days after the holder gives the notice required
by § 12-624(d) of this subtitle, the holder shall retain any
repossessed goods in the county where the goods were sold to the
buyer or were repossessed.
(b) During the period provided for in subsection (a) of
this section, the buyer may;
(1) Redeem and take possession of the goods; and
(2) Resume the performance of the agreement.
(c) To redeem the goods, the buyer shall:
(1) Tender the amount due under the agreement at the
time of redemption, without giving effect to any provision which
allows acceleration of any installment otherwise payable after
that time;
(2) Tender performance of any other promise for the
breach of which the goods were repossessed; and
(3) If the discretionary notice provided for in §
12-624(c) of this subtitle was given, pay the actual and
reasonable expenses of retaking and storing the goods.
(d) This section does not apply if:
(1) the buyer was guilty of fraudulent conduct,
intentionally and wrongfully concealed, removed, damaged, or
destroyed the goods, or attempted to do so, and the goods were
repossessed because of that conduct; [or]
(2) The THE goods were seized by a police department,
bureau, or force and the goods were repossessed because of that
seizure, in which event, the buyer shall have no right to redeem
or take possession, even if the buyer tenders payment of the
entire balance due under the agreement; OR
(3) THE GOODS HAVE BEEN PREVIOUSLY REPOSSESSED FROM
THE BUYER, IN WHICH EVENT THE HOLDER SHALL HAVE THE RIGHT TO
REQUIRE THE BUYER TO TENDER PAYMENT OF THE ENTIRE BALANCE DUE
UNDER THE AGREEMENT IN ORDER TO REDEEM AND TAKE POSSESSION OF THE
GOODS. .
(E) NOTWITHSTANDING SUBSECTIONS (B) AND (C) OF THIS
SECTION;
(1) THE HOLDER SHALL HAVE THE RIGHT TO REQUIRE THE
BUYER TO TENDER PAYMENT OF THE ENTIRE BALANCE DUE UNDER THE
AGREEMENT IF;
(I) THE DATE OF THE DEFAULT IN THE PAYMENTS DUE
UNDER THE AGREEMENT THAT LED TO THE PRESENT REPOSSESSION OCCURRED
WITHIN 18 MONTHS AFTER THE LAST REPOSSESSION; OR
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