Specific devise; mortgage; pledge; lien
Sec. 9. When any real or personal property subject to a mortgage,
pledge or other lien is specifically devised, the devisee shall take
such property so devised subject to such mortgage unless the will
provides expressly or by necessary implication that such mortgage be
otherwise paid. If a mortgagee receives payment on a claim based
upon the obligation secured by such mortgage, the devise which was
subject to such mortgage shall be charged with the reimbursement to
the estate of the amount of such payment for the benefit of the
distributees entitled thereto.
(Formerly: Acts 1953, c.112, s.1709.)
Last modified: May 27, 2006