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ond hereby secured remains undischarged and in full force and
effect, without the consent of the court in which the bail bond
is filed, it being understood that upon discharge of the bail
bond the clerk of the court will execute a release in writing
endorsed on the foot of this document (or by a separate Deed of
Release), which may be recorded in the same manner and with like
effect of a release of mortgage if this Declaration of Trust is
recorded among the Land Records.
...................................(Seal)
(Defendant)
or
...................................(Seal)
(Surety)
by ......................................
SWORN to, signed, sealed, and acknowledged before me this
....... day of ......................, .......... .
(month) (year)
.......................................
Commissioner/Clerk/Judge
of the .......................... Court
for ....................... County/City
REPORTER’S NOTE
Julia M. Andrew, Assistant Attorney General, pointed out
that Code, Real Property Article, §8-110 (b) provides that the
capitalization rate for ground leases created after July 1, 1982
has been changed to 12%. However, Form 4-217.1 provides that
ground rents are capitalized at 6%, which was the percentage rate
before 1982. The Rules Committee recommends that the form be
amended to reflect the various capitalization rates for ground
leases set forth in Code, Real Property Article, §8-110 (b).
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