Ownership of mortgaged property does not pass to the creditor

Dear PAO,

Someone mortgaged her land to me four years ago. She promised me that if she is not able to pay off her debt in just two years, the mortgaged land will automatically be mine. It's been four years, but the debt has never been paid. Is the land mine now? Can I already sell it to pay off the debt as the new owner of the property?

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