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Terms Used In 21 Guam Code Ann. § 68404

  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.
The Governor shall purchase homes located on private land described in Ԥ 68402 and 68403 of this Article on a replacement cost basis or on such other basis as the parties may mutually agree with consideration given to current mortgage interest rates, incidental cost and insurance to homeowners.

SOURCE: GC § 13653 enacted by P.L. 17-54:4 as amended by P.L. 18-14:7.