You are a recently admitted solicitor. Mr Cook seeks your advice. He has dismissed his previous lawyers, Wood Knot Robb & Partners.His instructions are as follows:

Mr Cook wants to recover money owed to him by Mr Kelly. Mr Kelly is the registered proprietor of a piece of Torrens title land at Armidale ("the Armidale land"). In late 2015, Mr Kelly granted a mortgage to Wolfpac Bank Pty Limited. This mortgage was immediately registered by Wolfpac Bank.

If Mr kelly defaulted on payment of the mortgage .

What is the advice on that scenario in term of property etc?