Mortgage Notes Are NOT NEGOTIABLE INSTRUMENTS – Foreclosing in a Hurricane
Repeat a lie long enough until it becomes the truth. That’s what’s occurring in the space of negotiable instruments and the Uniform Commercial Code. The bottom line is mortgage notes are NOT negotiable instruments. What is the definition of a negotiable instrument? Well, Florida Statutes gives us a very clear definition:
673.1041 Negotiable instrument.
The term “negotiable instrument” means an unconditional promise or order to pay a fixed amount of money, with or without interest or other charges described in the promise or order, if it:
(a) Is payable to bearer or to order at the time it is issued or first comes into possession of a holder;(b) Is payable on demand or at a definite time; and(c) Does not state any other undertaking or instruction by the person promising or ordering payment to do any act in addition to the payment of money.
So what is a negotiable instrument? Well, it’s real simple. A check is a negotiable instrument. It is simple, it is clear. It is, as they say,
“A passenger with no baggage.”
What it is not?
Find out here…
And be sure to check out the link at the bottom of Matt’s post, ForeclosinginaHurricane…
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That’s right on Matt…!!! .The EVIL REALITY IS…..that check/note was paid by us when we signed our names at the closing and the crooks took that check to the U.S. TREASURY DEPT….WHERE HANK PAULSON AND HIS CRIMINAL FRIENDS ISSUED THE FEDERAL RESERVE CRANK….TO CRANK OUT U.S. TAX PAYER MONEY TO THESE CROOKS….WHO CASHED OUR CHECKS…..THE NOTES……UNINDORSED BY US……THE BACKERS, FUNDERS, AND PAYEES OF THOSE NOTES……THEREFORE WHOEVER CASHED THOSE NOTES AT THE U.S. TREASURY DEPT….ACCEPTED OUR DISHONORED CHECKS/NOTES…..AND ALL NOTES AND MORTGAGES ARE THEREFORE RENDERED A NULLITY BY THOSE MASSIVE ACTS OF FRAUDULENT NOTE CASHING IN THE NAMES OF THE AMERICAN PEOPLE….. AND NOT JUST THAT MASSIVE FRAUD ….BUT ALSO ALL OF THE FRAUDULENT INDUCED MORTGAGE PAYMENTS THAT THEY EXTORTED…..THE INTEREST MONEY THAT THESE CROOKS COLLECTED ON MONEY THEY NEVER LENT…!!! …..THOSE FRAUDULENT ACTS BY THESE CRIMINALS ARE NOT ONLY FEDERAL CRIMES…….BUT ACTS OF TREASON AND POSE SERIOUS NATIONAL SECURITY ISSUES AND OUR NATIONAL SOVEREIGNTY IS IN JEOPARDY BECA– USE OF THIS MASSIVE CHECK/NOTE FRAUD…..HOW DO WE KNOW THIS IS ALL FACT……..????? BECA– USE WE THE PEOPLE HAVE THE STAMPED….PAID WARRANTY DEEDS IN OUR POSSESSION…..YOU ONLY GET THOSE DEEDS WHEN THE NOTE AND THE MORTGAGE ARE PAID IN FULL….BY YOU…..!!! TIME FOR SOME REAL AUDITS AND SOME REAL ACCOUNTABILITY FROM THE U.S. TREASURY DEPT…UNER HANK PAULSON & CO…RIGHT NOW..!!
Good points, correct of course. But I can see where the other side (the crook banksters) are coming from too. Regardless, banksters should jump in the lake just because they eat, live, and breath fraud.