What is the primary role of the mortgagee in a mortgage agreement?

The primary role of the mortgagee in a mortgage agreement is to lend money. In this context, the mortgagee is typically the lender or financial institution that provides funds to the borrower (the mortgagor) to purchase real estate. The mortgage agreement enables the borrower to repay the borrowed amount over time, usually with interest. The lender's main responsibility is to provide the necessary capital for the purchase, securing it with the property as collateral. This relationship is foundational to real estate transactions, as it facilitates homeownership and investment opportunities by making funds accessible to borrowers.

The other roles mentioned, such as making payments, maintaining the property, or insuring the loan, are typically the responsibilities of the borrower or third parties involved in the loan process, rather than the mortgagee. Thus, focusing on the lending aspect highlights the correct interpretation of the mortgagee's function within the agreement.