When Ted leads Elise, Tucker and Specs to the bedroom blocked off by all of the books/bibles, he tucks the red one under his arm. In the next shot, it's no longer under his arm as he moves the bookcase. He then puts it under his arm again before opening the door to the room. At no point is he shown setting the book down.
In one scene Elise says that she can't forget the look on her mothers face while she was dying. But in that actual scene she had her back turned towards her mother and never looks back. She also was having a fit at that very moment. There's no way she would have seen her face.