Massachusetts Statutes
§ 10 — Mortgaged realty; redemption; release
Massachusetts·Part II REAL AND PERSONAL PROPERTY AND DOMESTIC RELATIONS·Title II DESCENT AND DISTRIBUTION, WILLS, ESTATES OF DECEASED PERSONS AND ABSENTEES, GUARDIANSHIP, CONSERVATORSHIP AND TRUSTS·Ch. 206 ACCOUNTS AND SETTLEMENTS OF EXECUTORS, ADMINISTRATORS, GUARDIANS, CONSERVATORS, TRUSTEES AND RECEIVERS
Section 10. Upon the redemption of such mortgage the money paid thereon shall be received by the executor or administrator, and he shall thereupon release and discharge the mortgage; and until such redemption the executor or administrator, if possession has been taken either by himself or by the deceased, shall be seized of the mortgaged property in trust for the persons who would be entitled to the money if the property had been redeemed.
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