LAND LAW - LAW ON MORTGAGES-REMEDIES FOR A MORTGAGEE [S9YARaNt4bz]
REMEDIES OF A MORTGAGEE A mortgagee has a number of remedies where there is breach of the covenants under the mortgage Agreement. These remedies are cumulative. This means that the mortgagee is free to persue of the remedies or all of them. These remedies include; 1. Mortgagee can sue for breach of covenant 2. Mortgagee can take possession of the mortgaged land 3. Mortgagee can sale otherwise than by foreclosure 4. The mortgagee can appoint a receiver Read S.19 of The Mortgage Act @lawschoolmusiimentalex