Pursuant to <cite data-doc="Md. Code" data-path="gtp|12-103">State Tax-Property Article § 12-103(b), </cite>the rate of tax applicable to instruments recorded with the Clerk of the Circuit Court for Baltimore City is: in the case of instruments conveying title to property, $5 for each $500 or fractional part of $500 of the actual consideration paid or to be paid; and in the case of instruments securing a debt, $5 for each $500 or fractional part of $500 of the principal amount of the debt secured. City Code, 1976/83, art. 28, §69 Ord. 68-145 Ord. 82-752 Ord. 85-389 Ord. 04-727