|
ART. 66]
MORTGAGES.
1517
ARTICLE LXVI
MORTGAGES.
|
1. Deed absolute on its face to be con-
sidered a mortgage, if there be
a defeasance in writing; defeas-
ance must be recorded; effect of
failure to record it.
2. Sums to appear on face of mort-
gage; mortgages to secure future
advances; mortgages to indem-
nify security, and from brewers
to malsters.
3. In Baltimore and Prince George's
counties.
4. When preferred to previous judg-
ments or decrees; proviso.
5. Covenant to pay taxes.
6. Powers of sale; sale under.
7. Bond.
8. Publication of notice.
9. Report to court; powers of court.
10. Resale.
11. If confirmed, title to pass.
12. Distribution by court of surplus
proceeds.
13. Conveyances to purchaser; trustee
to convey; bond.
14. Premises may be bought in by mort-
gagee.
15. Where sales to be made.
16. Injunction to stay proceedings.
17. Motion to dissolve injunction.
18. Bond.
19. Purchaser may have writ of pos-
session.
20. Purchaser and tenants.
21. Death of mortgagee.
22. Release by executor, administrator
or assignee.
|
23. Certain mortgage sales made valid.
24. When court may enter decree in
personam for deficiency on mort-
gage sale; proviso.
25. Presumption of ownership and of
payment, in cases of promissory
notes and other instruments and
debts secured by mortgage.
20. Annual crops of debtor not to pass
with mortgage.
27. Agreement for rental of said crops ;
appointment of appraisers by
court.
28. Right to distrain for rental; pro-
visos.
29. Defective mortgages and assign-
ments of mortgages prior to
March 15, 1904, made valid.
30. Assignment of mortgages without
seal; proviso.
Vendor's Lien.
31. Vendors' lien abolished save as far
as it be expressed upon face of
deed. etc.; provisos.
32. Power of sale may be Inserted;'
divisible.
33. Sales in pursuance of such power ;
personal decree.
34. May provide for payment of notes,
etc. : proviso.
35. Presumption as to matured notes
where lien is released of record.
36. Assignment or release of lien.
37. Collateral security not a waiver of
lien.
38. Index to vendors' liens.
|
As to the execution, acknowledgment, recording, assignment, release, etc., of
mortgages, see art. 21, sec. 31, et seq.
As to the recording of a mortgage not recorded In time as provided by law, see
art. 16, sec. 34.
As to the mortgage tax, see art. 81, sec. 187. et seq.
As to the sale of rent in arrears along with the property subject to such rent.
see art. 16, sec. 221.
|
 |
