Nothing in this Act shall be so interpreted as to leave subject to action for
recovery of damages, as provided in this part, or to action of ejectment, or
to deprivation of the interest in respect of which he or she is registered
proprietor, any purchaser or mortgagee bona fide for valuable consideration of
land under this Act on the plea that his or her vendor or mortgagor was
registered as proprietor, or procured the registration of the transfer or
mortgage to the purchaser or mortgagee, through fraud or error, or has derived
from or through a person registered as proprietor through fraud or error, and
this whether the fraud or error consists in wrong description of the
boundaries or of the parcels of any land or otherwise howsoever.