41. The new loan will replace an existing first mortgage held by Bennett Management & AMP; Development Corp. 42. El Paso Electric Co ., $ 1 . 069 billion of first mortgage bonds in six parts. 43. Carver was intended to help black homeowners obtain first mortgages , a service white banks considered too risky. 44. Most individuals who own PG & AMP; E bonds have the secured variety, called first mortgage bonds. 45. MetLife holds the first mortgage on the building, which is saddled with $ 760 million in debt. 46. The company's 14 . 25 percent first mortgage notes due 2002 has an interest payment Nov . 15. 47. The first part consists of $ 100 million of first mortgage notes due in 2002, Caa / B-/--. 48. Having sold what it labeled first mortgage bonds, Belle now says that there was no mortgage at all. 49. First Mortgage will provide home loans.50. Their equity is the difference between the value of the house and what's owed on the first mortgage .