Massachusetts General Laws ch. 60 sec. 58 – Payments by mortgagee; addition to debt
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Section 58. If the whole or any portion of a tax on land remains unpaid after it is due, the holder of a mortgage upon the land may pay to the collector such amount as is due and unpaid, with the accrued charges and expenses; and the amount so paid may be added to the mortgage debt.
Terms Used In Massachusetts General Laws ch. 60 sec. 58
- Mortgage: The written agreement pledging property to a creditor as collateral for a loan.