120                                          LAWS OF MARYLAND                           [Ch. 11

(N) SELL, PURCHASE, OR OTHERWISE DEAL WITH
PROPERTY.

HE MAY INVEST IN, SELL, MORTGAGE, PLEDGE, EXCHANGE,
OR LEASE PROPERTY.

(O) BORROW [[AND MORTGAGE]].

HE MAY BORROW MONEY.. [[AND MORTGAGE OR PLEDGE
PROPERTY AS SECURITY FOR A LOAN.]]

(P) DEAL WITH DEBTOR OF ESTATE.

HE MAY RELEASE OR TERMINATE A MORTGAGE OR SECURITY
INTEREST, IF THE OBLIGATION SECURED BY THE MORTGAGE OR
SECURITY INTEREST WAS FULLY SATISFIED DURING THE LIFETIME
OF THE DECEDENT OR DURING THE ADMINISTRATION OF THE
ESTATE. HE MAY ALSO EXTEND OR RENEW ANY OBLIGATION OWED
TO THE ESTATE.

(Q) PAY ENCUMBRANCES.

IF ASSETS OF THE ESTATE ARE ENCUMBERED BY A
MORTGAGE, PLEDGE, LIEN, OR OTHER SECURITY INTEREST AND IF
IT APPEARS TO BE IN THE BEST INTERESTS OF THE ESTATE, HE
MAY PAY THE ENCUMBRANCE, OR CONVEY OR TRANSFER THE ASSETS
TO THE CREDITOR IN SATISFACTION OF HIS SECURITY INTEREST,
IN WHOLE OR IN PART, WHETHER OR NOT THE HOLDER OF THE
ENCUMBRANCE HAS FILED A CLAIM.

(R) CONVEY REVERSIONS.

REGARDLESS OF A CONTRARY PROVISION IN THE WILL, HE
MAY EXECUTE, UPON THE WRITTEN DEMAND OF THE OWNER OF A
REDEEMABLE LEASEHOLD OR SUBLEASEHOLD ESTATE, A FULL AND
VALID CONVEYANCE OF THE REVERSION OR SUBREVERSION HELD BY
THE ESTATE.

(S) CONTINUE BUSINESS.

HE MAY CONTINUE AN UNINCORPORATED BUSINESS OR
VENTURE IN WHICH THE DECEDENT WAS ENGAGED AT THE TIME OF
HIS DEATH

(1)   IN THE SAME BUSINESS FORM FOR A PERIOD OF
NOT MORE THAN FOUR MONTHS FROM THE DATE OF APPOINTMENT OF
A PERSONAL REPRESENTATIVE WHERE CONTINUATION IS A
REASONABLE MEANS OF PRESERVING THE VALUE OF THE BUSINESS
INCLUDING GOODWILL;

(2)    IN THE SAME BUSINESS FORM FOR AN
ADDITIONAL PERIOD OF TIME THAT MAY BE APPROVED BY ORDER
OF COURT IN A PROCEEDING TO WHICH ALL PERSONS INTERESTED
IN THE ESTATE ARE PARTIES; OR