Write about the rights of a Mortgagee.

Write about the rights of a Mortgagee.
February 11, 2021 No Comments Assignment Assignment help

A mortgagee is entitled as of right to a judgment for whatever sum of money is due and payable under the terms of the mortgage. He is entitled to exercise all his remedies concurrently and cannot, in respect of the money claim, be in a worse position than if he had lent unsecured. If default on an instalment mortgage has resulted in the whole advance becoming immediately repayable, then that is the amount for which he is entitled to judgment.