The remedies available to the lender (mortgagee) under the land act include:

1. Notice to Rectify Default: The lender can serve a written notice to the borrower specifying the
nature and extent of the default, the amount or action required to rectify the default, and the
consequences of failing to do so within the specified time.

2. Legal Action: If the borrower fails to comply within two months of receiving the notice, the
lender can sue the borrower for any outstanding payments due under the mortgage.

3. Appointment of Receiver: The lender can appoint a receiver of the income generated from the
mortgaged land to ensure the lender receives payments owed.

4. Leasing or Subleasing: The lender has the authority to lease or sublease the mortgaged land,
either directly or through a court order, to generate income or manage the property.

5. Possession: The lender can enter into possession of the mortgaged land if necessary to protect
their interests.

6. sale of Land: The lender can sell the mortgaged land to recover the outstanding debt owed,
either directly or through a court order.

7. Customary Land: If the mortgage involves land held for a customary right of occupancy, the
lender has additional options such as appointing a receiver, applying for court orders for leasing,
subleasing, entering possession, or selling the land to specific groups as defined by the Village
Land Act.

These remedies provide the lender with various options to address default situations and recover
the amounts owed under the mortgage.