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RIGHT TO REDEEM

The term “right of redemption,” or “r(ght to redeem,” In familiarly used to describe the estate of the debtor when under mortgage, to be sold at auction, in contradistinction to an absolute estate, to be set off by appraisement It would be more consonant to the legal character of this Interest to call It the “debtor’s estate subject to mortgage.” White v. Whitney, 3 Mete. (Mass.) 86.

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