Democratic messenger. [volume] (Snow Hill, Md.) 1869-1973, 1910-05-21
PUBLIC GENERAL LAWS OF 1910.

all or any part or parts of the pur.
chase money, or In any way affect or
postpone the lien of any landlord up
on goods or chattels for the satisfac.
ton or security OF rent due or accru.
ing.
3l-ln all deeds or other instru.
ments of writing retaining a lien or
charge upon the estate or property
thereby conveyed. as provided in the
preceding section OF this Article.
there may be inserted clause ali.
thorizine the vendor his personal rep.
resentatiyes OF assigns. or any other
person to be named therein. 10 sell
the property or estate upon such
terms and on such contingencies as
may be expressed therein: and where
interests In any lien so retained are
held under one or more assignments
or otherwise. the power of sale shall
be held Invisible. and he or they hold
ing any such interest who shall first
institute proceedings to execute such
power shall thereby acquire the ex-
elusive right to sell such property or
estate.
32-All sales made in pursuance of
such authority shall be made. report.
ed and confirmed and the purchase
money distributed In the same man.
ncr and subject 10 and In accordance
with all the provisions and conditions
contained in this Article relating TO
sales of mortgaged property: and all
such sales. when confirmed by the
Court and the purchase money paid
shall pass TO the purchaser or pur-
chasers. thereat all the title which
the vendor or vendors in said deed or
instrument OF writing had in the
property therein described at ~
time OF the recording thereof. and all
the title the vendor or vendors ac-
quired thereby and decree in per.
sOnam against the vendee may be en-
tered for the amount OF any unsatisfi-
ed portion of the purchase money In
the same manner as provided for the
entry OF such DEGREES against the
mortgages in cases OF mortgage sales.
33-It may be provided In such
deed or instrument OF writing retain
ing a lien as aforesaid that in cases
OF sales OF property under the pre-
ccding sections any notes or other in
struments of Indebtedness mentioned
in such deed or other instrument un.
der which the property therein men
toned was sold shall be paid and sat
isiied In full in the order OF their ma
turity: provided. however. that II any
OF such notes or instruments of in
debtedness shall have been paid or
satisfied. no further proceedings shall
be had In reference thereto or the
satisfaction thereof. but the funds
arising from such sales shall be dis
,ributed as ii said notes already
paid or satisfied had never been
given
elf such lien be duly released
ity of the notes. other instruments.
or debts. or debts therein mentioned.
such notes. other instruments or
debts shall be conclusively presum.
ed To have been so far as any lien
upon the property or estate mention
ed In the said deed or instrument is
concerned.
35--As assignment or release of
the lien retained by the vendor. as
hereinbefore provided. may be made
by the vendor. his assignee or per
sonal representative. or the personal
representatives OF his assignee, as
now provided by Sections 80 TO So
both inclusive. of Article 81 OF the
Code OF Public General Laws of the
State of Maryland for the short as
signment or release of a mortgage.
and the clerk al the time OF record
ing every deed or instrument retain
ing lien as aforesaid. shall leave a
blank space AZ the foot thereof for
the purpose OF entering such assign
rents and release.
30. The acceptance by the vendor
OF any guarantee or endorsement or
collateral or other security 10 insure
the iull payment OF any lien express.
~ retained as hereinhefore provided
shall not ii any case be construed as
2 waiver OF such lien: but the ven
dee his heirs personal representa-
tVes or assigns shall be- credited
With the proceeds from the sale OF
any such collateral or other secu.i.
ties
37-The Clerks of the Courts OF
this State. whose dnty Ii Is 10 record
crryeyances. shall index an deeds no.
tanning a lien rs provided HI Sections
~ 20 30. Inclusive. ~ his Article
both as deeds rs heretofore praciic
ed, and as vendors liens in he same
manner as mortgages are indeXed.
Sec 2-Ard be u further enacted
That this Act shall take eifec; from
the date Of its passage
Approved April II. 1910
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