A person or institution to whom a mortgage is granted, usually by a lender; the legal owner of the mortgaged property.

बंधक पर लेने वाला व्यक्ति

English Usage: The mortgagee had the right to foreclose on the property if payments were not made.

Hindi Usage: यदि भुगतानों का भुगतान नहीं किया गया तो बंधक पर लेने वाले के पास संपत्ति पर कब्जा करने का अधिकार था।