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.
Structure Massachusetts General Laws
Part II - Real and Personal Property and Domestic Relations
Section 3 - Examination on Oath
Section 4 - Securities and Moneys; Requirement of Production
Section 5 - Property; Accounting; Profits or Losses
Section 6 - Property Subject to Accountings
Section 8 - Income From Realty; Accounting; Manner
Section 9 - Mortgaged Realty; Manner of Accounting; Right of Entry
Section 10 - Mortgaged Realty; Redemption; Release
Section 11 - Realty Taken by Executor or Administrator on Execution; Personal Assets
Section 12 - Realty Held in Mortgage or on Execution; Manner of Sale
Section 13 - Realty Held in Mortgage or on Execution; Disposition
Section 14 - Burial Lot and Monument; Allowance
Section 15 - Perpetual Care; Costs
Section 17 - Expense of Procuring Surety Chargeable on Estate