adequate security:
1. The real property, whether located within the
State of Hawaii or a sister state, territory, or commonwealth,
must have an equity value, after deducting the outstanding
balance of any existing lien or encumbrance, in an amount not
less than the principal amount of the bail set.
2. The title owner of the property shall furnish a
mortgage on the property in favor of the clerk and shall deliver
to the court such mortgage note as security for the bond.
3. Prior to release of the person charged, the
mortgage shall be recorded in the State of Hawaii Bureau of
Conveyances or filed with Registrar of the State Land Court. In
the event that the property is located in a sister state,
territory, or commonwealth, the mortgage or deed of trust shall
be recorded in the designated office required by the law of such
state, territory, or commonwealth, and evidence thereof shall be
furnished to the court.
4. The value of the property must be established by
evidence satisfactory to the court.