Section 7-618. Chattel mortgages, etc  


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  • , and renewals thereof to be indorsed.
      When a  chattel  mortgage  or  a  conditional  bill  of  sale  or  other
      instrument  affecting  chattels is presented for filing in the office of
      the register, it must be indorsed on the outside thereof with the  names
      of  the  parties thereto, the amount of indebtedness and the location of
      the property affected by such instrument.  Every  renewal  of  any  such
      instrument  must,  in addition to the aforesaid indorsements, be stamped
      or marked "renewal," and contain in the body thereof a reference to  the
      serial  number  and  the date of filing of the chattel mortgage or other
      instrument which it is desired to be continued for a further period, and
      the serial number and the date of filing of the latest previous  renewal
      thereof, if any.