Rural Community Land Readjustment Act Article 25

The competent authority should invite the obligee for the coordination of the mortgage or dien originally registered over the undistributed land within two moths. The right will be arranged according to the result or the coordination agreed, if the coordination is failed, the competent authority should deposit the compensation of the right and makes the name listing to the register for registration of cancellation directly.
中文原文 農村社區土地重劃條例第25條
實施重劃未受分配之土地上其原設定抵押權或典權之權利價值,主管機關應於重劃分配確定之日起二個月內,邀集權利人協調,達成協議者,依其協議結果辦理;協議不成者,應將土地所有權人應得補償地價提存之,並列冊送由該管登記機關逕為塗銷登記。

English translation for reference only; the Chinese text prevails. Not legal advice.