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Terms Used In Indiana Code 29-1-13-7

  • Decedent: A deceased person.
  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
   Sec. 7. When, in any case, a mortgage to the decedent is redeemed, or the debt secured thereby is or has been paid to the decedent or to his personal representative, the latter shall release and discharge the mortgage.

Formerly: Acts 1953, c.112, s.1307.