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trust (June 14, 2000 deed of trust) with respect to lot 12 to
secure the $180,000 F&M Bank 2000 loan. The June 14, 2000 deed
of trust provided in pertinent part:
Borrower [Edward O’Malley] owes Lender [F&M Bank] the
principal sum of One Hundred Eighty Thousand and no/100
Dollars * * *. This debt is evidenced by Borrower’s
note dated the same date as this Security Instrument
(“Note”), which provides for monthly payments, with the
full debt, if not paid earlier, due and payable on
July 1, 2003. This Security Instrument secures to
Lender: (a) the repayment of the debt evidenced by the
Note, with interest, and all renewals, extensions and
modifications of the Note; (b) the payment of all other
sums, with interest, advanced under paragraph 7 to
protect the security of this Security Instrument; and
(c) the performance of Borrower’s covenants and agree-
ments. For this purpose, Borrower irrevocably grants
and conveys to Trustee, in trust, with power of sale,
the following described property [lot number twelve]
* * *.
On a date not disclosed by the record, the June 14, 2000 deed of
trust was recorded in the land records of Anne Arundel County.
We shall refer to the above-described events occurring on
June 14, 2000, as the June 14, 2000 transaction.
Page 1 of a HUD settlement statement (June 14, 2000 settle-
ment statement) prepared with respect to the June 14, 2000 trans-
action showed the following entries:
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Last modified: November 10, 2007