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Session Laws, 1862
Volume 532, Page 268   View pdf image (33K)
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268

LAWS OF MARYLAND.

justice of the peace of this State, and upon all
powers to sell, contained in any mortgage, and on
all decrees for sale of mortgaged property, there
shall be a further stay of execution after the period
limited in said act, until the first day of Novem-
ber next, and on condition the debtor then pay all
the interest then accrued and costs, and an instal-
ment of one-fifth of the whole debt, there shall be
a stay of execution for four months thereafter;
when upon payment of the interest then due, and
a second instalment of one-fifth of the original
debt, there shall be a stay for four months
thereafter ; and upon the payment of the interest
then due and a third instalment of one-half
of the balance of the original debt at the expira-
tion of that time, there shall be a further stay for
four months thereafter ; at the expiration of which
time the entire balance of said debt with interest
and all cost accrued after the first payment shall
be paid ; provided however, that if the debtor
should fail to pay the first or any subsequent in-
stalment at the time or in the manner, and to the
amount above set forth, he shall forfeit all benefit
of this act, and execution may issue as to the
whole or any balance of the debt with interest
and costs then due.

Judgments
rendered shall
be liens, &c.

Sec. 3. And be it enacted, That during the con-
tinuance of this act judgments rendered by justices
of the peace within any of the counties of this
State, shall be liens on the real estate of the de-
fendants in said judgments, upon their being re-
corded as hereinafter provided for; upon there being
filed with the clerk of the Circuit courts of the
several counties of the State, in which the defen-
dants shall reside, and recorded in a record kept
for that purpose, (for which the clerk shall receive
twenty-five cents in each case) but the lien of
said payments shall not be considered as prior to
judgments rendered in the Circuit courts of this
State at the term of said courts next succeeding
the filing of the judgments rendered before jus-
tices of the peace as aforesaid, but shall be con-
sidered only equal as lien to them.

Securities,
and immuni-
ties of lien.

Sec. 4. And be it enacted, That the securities
provided for as to mortgage of personal property,
and also the immunity of the lien of judgments in
the second section of the original act referred to,



 
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Session Laws, 1862
Volume 532, Page 268   View pdf image (33K)
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