25-Year Mortgage for the Century Old

So a man has until the ripe age of 127 to pay off his 25 year mortgage.  Pretty interested read; I highly doubt the bank didn't think of a contingency plan before giving this man an interest only 200,000 mortgage (in pounds).  For the most part, perhaps they have some kind of next-of-kin clause where they can pursue the debt with the debtors family?  I'd be neat if a mortgage professional could chime in on this one and add their two cents.

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