2010 Maine Code
TITLE 14: COURT PROCEDURE -- CIVIL
Chapter 713: MISCELLANEOUS PROVISIONS RELATING TO FORECLOSURE OF REAL PROPERTY MORTGAGES
14 §6102. Mortgage as asset of decedent's estate


14 ME Rev Stat § 6102 (2010 through 124th Legis) What's This?

Part 7: PARTICULAR PROCEEDINGS

Subchapter 1: GENERAL PROVISIONS

§6102. Mortgage as asset of decedent's estate

Lands mortgaged to secure the payment of debts or the performance of any collateral engagement, and the debts so secured are, on the death of the mortgagee or person claiming under him, assets in the hands of his executors or administrators. They shall have the control of them as of a personal pledge. When they recover seizin and possession thereof, it shall be for the use of the widow and heirs, or devisees or creditors of the deceased, as the case may be. When redeemed, they may receive the money, and give effectual discharges therefor, and releases of the mortgaged premises.

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