number one to mortgage your property you
must first sell all buildings in its
color set
to the bank at half their cost price
number two
to mortgage turn the property card face
down and collect the mortgage value on
the back
from the bank number three to repay a
mortgage
pay the unmortgage cost to the bank
that's the mortgage value
plus ten percent then turn the card face
up
number four rent cannot be collected on
properties that are mortgaged
however the increased rent level can be
collected on the unmortgaged properties
in that color set
the increased rent on unmortgaged
railroads and utilities
may be collected in the same way number
five
mortgage property can be traded at any
agreed upon price
the new owner must immediately do one of
the following
repay the mortgage by paying the bank
the unmortgage cost
or if they want to keep the mortgage
they have to pay the bank 10 percent of
the mortgage value now
[Music]