Is it considered okay to mention all the correction in an accepted article which is typeset by the press
If there are so many issues, I would suggest to not mention every last one of them but instead write a short email to the editor.
Don't go blaming people, ask if there is something you can do, maybe you sent your sources in the wrong format, maybe there was a misunderstanding.

If this journal frequently publishes mathematical papers, they should have proper ways to do things and what happened here is most likely not a small typo that can be mentioned while reading the proof, but a deeper problem that should be solved before doing the final proofreading.
(If, on the other hand, they only use MSWord 2003 and just copied stuff from your .tex-file or PDF, then maybe you need to reconsider your choice of journal...)