Mortgage Note??

[Anonymous]

Mortgage Note??.....what mortgage note???

Here is something so fundamental it boggles even the best of legal minds...

Millions upon millions of Americans, Australians, Canadians, Irish, Brits, French, Swiss, Germans, etc. are making payments on their home thinking they are paying off a mortgage note.

When, absolutely no evidence of this above mentioned action is based on fact or truth.

What does exist is the fact of truth that: "what the home owner is doing is making payments on is a "bearer bond" or "bearer instrument" and that, my friend, is no mortgage note."

OH NO!!

The bank converted the original mortgage agreement into something else, which is called a "bearer bond" or a "bearer instrument" without your knowledge or consent.

This simply means that the bank, who issued the mortgage note and claims to be the holder in due course, [is upon conversion of the note], the legal title holder to the all property listed on the "bearer bond" or a "bearer instrument" and owns the property in fee simple even after you have satisfied the so called mortgage.

The bank now owns this property forever and this is the reason you are listed as "beneficial owner" and "tenant" on the title given you by land titles.

So....just what exactly is the reason that you are making payments on a mortgage that "DOES NOT EXIST??"

THE BANK CAN NOT PRODUCE ANY EVIDENCE THAT A MORTGAGE EXISTS!!

IT IS IMPOSSIBLE!!

AND THAT IS WHY NO BANK EVER PRODUCES THE NOTE IN COURT ON A FORECLOSURE!!

THEY ALWAYS SHOW UP WITH SOMETHING OTHER THAN THE BEARER BOND/BEARER INSTRUMENT.
SUCH AS, AN AFFIDAVIT CLAIMING "LOST NOTE"......OR GET THIS.... A"CERTIFIED TRUE COPY".....OF THE FRONT....SO,
IF YOU DO NOT DEMAND THE BANK PRODUCE THE MORTGAGE,THE ORIGINAL INSTRUMENT OF INDEBTIDNESS IN ITS ORIGINAL FORM THEN, YOU ARE SEEN TO BE IN AGREEMENT THAT, THE BANK DOES NOT HAVE TO PRODUCE IT!!

AND THAT MY DEAR FRIEND....IS WHAT THE BANK IS COUNTING ON!!!

HERE IS WHAT IS WRITTEN ON THE BOTTOM OF THE FEDERAL DOCUMENT THAT THE BANK MUST FILE TO INITIATE FORECLOSURE IN SASKATCHEWAN: [HIGHLIGHTING BY JACK,]

To the defendants:
Take notice that you are entitled at any time, by notice in writing, to demand from the
plaintiff's solicitors (if the plaintiff sues in person, insert "plaintiff ") full particulars of the amount
claimed by the plaintiff, and production for your inspection of the mortgage, and any other
documents sued upon.

THERE YOU GO....

ARE YOU GOING TO EXERCISE YOUR RIGHT TO DEMAND THE PRODUCTION OF THE MORTGAGE OR NOT???

OR, ARE YOU JUST GOING TO BEND OVER, PUT YOUR HEAD IN THE GOPHER HOLE AND BEG FOR MERCY THAT THEY DON'T SCREW YOU TOO HARD???

What is right and wrong DOES matter in life:
All the money in existence in our monetary systems has been borrowed at interest from a bank. When all currency in the system is borrowed at interest, there
is NO MATHEMATICAL WAY to pay one penny of interest without pushing some people off the table via cancellation of their obligations to pay principal
through bankruptcy, or through the kind of cancellation programs offered.
Reform must come from the side of dissatisfied customers, because the lenders have NO motivation to move away from their current position of power and influence. If people who favour the customer over the lender are able to use the law to
stimulate change, any imbalance created by giving people their real estate for free will best correct itself through a change in banking laws and practice, NOT
through perpetuation of the present system of GRAND THEFT of the entire wealth of society by the banking cartels.
Under the present system, someone HAS to get something for NOTHING. There is no other way.
Either the bankers continue to get interest payments for NOTHING at risk, or customers get free real estate after "borrowing" money that was created out
of NOTHING and having the "loan" either cancelled for fraud, or discharged in bankruptcy, or the lender gets the real estate from the customer for NOTHING,
following a foreclosure on the loan that was created out of NOTHING.
The answer is to stop basing bank lending on NOTHING.



Regards,


Jackie-Grant-Vel'oice: Harper
c/o 1040-B 20th Street West,                                                                                                                                                                               Saskatoon city, Saskatchewan province.
Free-man-on-the-Land, Non-consenting and ungoverned
All Rights Reserved, Exercised at Will and Fully Defended, By the Grace of God, The Rule of Law and the Law of the Land.

p.s. same goes for stocks, bonds, etc.

[sullivan]

This simply means that the bank, who issued the mortgage note and claims to be the holder in due course, [is upon conversion of the note], the legal title holder to the all property listed on the "bearer bond" or a "bearer instrument" and owns the property in fee simple even after you have satisfied the so called mortgage.

Not that I doubt you, but can you could provide some proof that the bank owns the property even after the mortagee has paid off the mortgage? Do you know of any case law that has shown this to be a reality?

[§N9sh2bj]

I can't fill in the details for you, but yes: the mortgage is satisfied, the account is zero'd out, and yet the bank forecloses anyway. It is necessary to rewrite the contract at the same time as posting the funds, to stop foreclosure from happening upon satisfying the debt.

Did the bank's books balance the day the promissory note was signed to create the funds: yes.

[Anonymous]

Whoever holds the original instrument of indebtedness in its original form is the is legal title holder in due course.

All copies are suspect to being forgery's and therefore the original is the only document having full and complete standing in any court in the world.

Why do you think the banks never give up the original???

Because it may be used against them??.......YOU BET!!

Because they sure as hell will use it against you at some later date.

Look closely at your loan agreement and you just may find that after paying all you did was "discharge it", to some later date.

Look up "bearer bond" or "bearer instrument" in any decent financial dictionary.......and that will rock your socks off!

[Anonymous]

http://www.investorwords.com/

b]bearer instrument [/b]


Definition

A negotiable instrument which is payable on demand to the holder, regardless of whom it was originally issued to.

bearer bond


Definition

An unregistered, negotiable bond on which interest and principal are payable to the holder, regardless of whom it was originally issued to. The coupons are attached to the bond, and each coupon represents a single interest payment. The holder submits a coupon, usually semi-annually, to the issuer or paying agent to receive payment. Bearer bonds are being phased out in favor of registered bonds. also called coupon bond.

[sullivan]

I can't fill in the details for you, but yes: the mortgage is satisfied, the account is zero'd out, and yet the bank forecloses anyway. It is necessary to rewrite the contract at the same time as posting the funds, to stop foreclosure from happening upon satisfying the debt.

I understand what you are both saying, but I'm still interested to see if you can point to real cases where the bank foreclosed after the mortgage was discharged.

[Anonymous]

The option is open to the bank.
You don't have legal title even after you pay the mortgage off.
How do you know the bank hasn't re mortgaged the property for itself?
I like to think of it as the CDCC co. aka Cede and Co. in the states.
A little known company claiming assets in excess of 21 trillion US $$$.
They hold all the original stock certificates for all the stupid stock holders.
And the banks hold legal title to all the land/homes/businesses.

Here is an even better explanation of bearer bond/instrument.

Bearer instrument
From Wikipedia, the free encyclopedia
Jump to: navigation, search
A bearer instrument is a document that indicates that the bearer of the document has title to property, such as shares or bonds. Bearer instruments differ from normal registered instruments, in that no records are kept of who owns the underlying property, or of the transactions involving transfer of ownership. Whoever physically holds the bearer bond papers owns the property. This is useful for investors and corporate officers who wish to retain anonymity, but ownership is extremely difficult to recover in event of loss or theft.
In general, the legal situs of the property is where the instrument is located. Bearer instruments can be used in certain jurisdictions to avoid transfer taxes, although taxes may be charged when bearer instruments are issued.
The United States has attempted to deal with tax evasion concerns by requiring a person who accepts a bearer instrument having a face value in excess of $10,000.00 as payment for goods or services in the ordinary course of business to file an information return with the Internal Revenue Service identifying the party who transferred the instrument. Failure to file the required return (Form 8300) is a felony under federal law.
Under the Uniform Commercial Code, a negotiable instrument (such as a check or promissory note) that is payable to the order of "bearer" or "cash" may be enforced (i.e. redeemed for payment) by the party in possession. The payee (i.e. the person named in the "pay to" line) may also convert an instrument into a bearer instrument by endorsing (signing) the back. This is the letter of the law: in practice many merchants and financial institutions will not pay a check presented for payment by anyone other than the named payee.
In earlier times many forms of government issued currency were actually bearer instruments giving the bearer property title to precious metals.
 
Bouvier's Law Dictionary
1856 Edition
BEARER. One who bears or carries a thing.
2. If a bill or note be made payable to bearer, it will pass by delivery only, without endorsement; and whoever fairly acquires a right to it, may maintain an action against the drawer or acceptor.
3. It has been decided that the bearer of a bank note, payable to bearer, is not an assignee of a chose in action within the 11th section of the judiciary act of, 1789, c. 20, limiting the jurisdiction of the circuit court. 3 Mason, R. 308.
4. Bills payable to bearer are contra-distinguished from those payable to order, which can be transferred only by endorsement and delivery.
5. Bills payable to fictitious payees, are considered as bills payable to, bearer.
INSTRUMENT, contracts. The writing which contains some agreement, and is so called because it has been prepared as a memorial of what has taken place or been agreed upon. The agreement and the instrument in which it is contained are very different things, the latter being only evidence of the existence of the former. The instrument or form of the contract may be valid, but the contract itself may be void on account of fraud. Vide Ayl. Parerg. 305; Dunl. Ad. Pr. 220.

[Anonymous]

Sullivan,

The proof you seek is at your land titles office.
Get your hands on the title from land titles and take a close look at it.
Make sure you have a decent legal and financial dictionary with you.
Your going to find out your a tenant, a glorified renter to the real owner(s).
I know for sure that in Canada, Australia and the U.S.A that this is the case.

[Anonymous]

Here is something some of you may find interesting.....

Equity Recovery:
After reading some or all of our Natural
Commerce lessons, you may have concluded that in
addition to the banking system being organized
criminal activity at its highest form, you may also
have been directly victimized by them.
One of the banks' most common methods of
conducting their day to day thievery is simply to steal
a nominal borrower's equity. Essentially this theft is
accomplished by the banks' refusal and or inability to
return a nominal borrower's original promissory note
upon satisfaction of the alleged loan obligation. We
will not go into detail again here as to how they do
this, rather we will offer a potential solution. You
will find the details explained fully in other areas of
our Natural Commerce section.
Imagine that on a previous date certain, a loan
was taken out from a recognized financial institution
by John Doe. Subsequently John Doe paid the loan
obligation in full or retired the obligation in some
proper manner. A problem arose when the bank was
unable to return the original signed promissory
note/obligation in consideration of this payment by
John Doe.
The banking system, and in fact our entire
financial system, private or public, is such that only
"original" signed notes or obligations are enforceable
(duplicates, certified copies, or normal copies are not
enforceable in any court) and clearly only the return
of the original signed promissory note in
consideration of payment in full can be accepted as
fully discharging the obligation and all potential or
contingent liability associated with it.
The bank in question either sold or assigned
the original note to a third party immediately after
inception of the original loan as part of their normal
banking practice, thus they were unwilling and or
unable to return the original note which remains
outstanding in the hands of others. Technically and
legally this note is still enforceable in spite of having
already been paid (see Bills of Exchange Act). The
bank's presumption that their client, John Doe, would
simply overlook this fact was erroneous and contrary
to sound business notwithstanding that several tens of
thousands of their lesser informed clients may follow
such an ill-advised course of action on a day to day
basis.
When the bank was legally noticed by John
Doe that he was entitled to the return of his original
note, or in the alternative, he was entitled to the
financial benefits derived by the bank through the
bank's sale and conversion of his note, the bank
quietly acquiesced and contractually agreed that John
Doe was entitled to the financial benefits derived by
the bank through the bank's conversion of his note
together will all subsequent interest and or capital
profits earned by the bank on that conversion, simply
because they were not able to return the note since
they no longer possessed it (or in some cases
endorsed it to themselves as holder in due course, as
opposed to a third party). These issues are clearly
supported by the Bank Act, the Bills of Exchange Act
and many other such provisions of law.
The note, which is legally the property of the
borrower, in this case John Doe, although temporarily
(during the term of the nominal loan) it is held by the
bank/lender as collateral security (not as owner) for
repayment of the obligation, was presumed by John
Doe (and tacitly admitted to by the bank) to have
been sold by the bank at a market discount of its face
value, resulting in the net proceeds of the conversion
being deemed as "capital" of the bank. The net price
was then factored by the publicly advertised return on
capital (offered to shareholders of the bank) from the
inception of the loan (sale/conversion date) until the
current date upon which the matter was brought to
the bank's attention, resulting in a current value of the
obligation in favor of John Doe.
The bank then agreed contractually to this,
being its fully responsible bank obligation to hold
this current value in an account on behalf of John
Doe as opposed to continuing to operate under the
erroneous presumption that this value belonged to
them. In summary, the bank's original clandestine
actions and their subsequent acknowledgement by
way of contractual obligations in settlement thereof,
result in John Doe holding a properly and legally
perfected bank obligation in his favor and against the
bank in question. It is de facto a "fully responsible
bank obligation" or bank deposit in favor of the
recovered note holder, John doe, which is confirmed
by the bank.
The bank agreed to John Doe's claim and they
agreed to confirm John Doe's claim in consideration
of John Doe not making any public outcry and not
trying to enforce collection or payment of the
recovered obligation. This means that although John
Doe cannot literally spend his recovered note value,
he can invest it (just like the bank had been doing)
and have that investment capital confirmed as
available and unencumbered for his investment
purposes by the bank, and he can spend whatever
earnings he may generate from that investment.
You might be surprised to learn that just
about every prior loan you may have had and
subsequently paid out, falls into the same category as
John Doe's loan, insofar as you most likely never did
receive the return of your original promissory note in
its original form as you were entitled to. This means
quite literally and simply that you now have a valid
claim against those lending institutions for 100% of
the value of the original loan plus any and all interest
paid, plus interest on that combined total from the
date you paid it until the present date!
NCOY has witnessed dozens of people
recover their equity in similar fashion as illustrated in
the example of John Doe, and NCOY has witnessed
the successful placement of some of these recovered
notes into opportunities that generate significant
income. You may review a brief explanation of a
sample of the more common type of opportunities
where such recovered notes are generally placed, by
clicking here: "Private Placement Trading"
(www.naturalgod.com/PrivatePlacement.pdf)
If you have an interest in NCOY helping you
to recover equities that you may have lost to one or
more banking institutions, or if you have any further
questions or concerns, please feel free to CONTACT
US at any time.
Sample Notice for Initiating Equity Recovery
NCOY is aware of literally dozens of
methods tested over the past few years by many
groups and organizations to "recover equity", many
of which have failed, and some small number of
which have succeeded. The common elements within
either group are very few. In other words, there is no
absolute or certain formula for achieving results
when you are attempting to deal honorably with the
notoriously dishonorable banking system.
The following sample Notice is
representative of what NCOY feels is currently one
of the best, most practical first steps in approaching
this problem. It is only the first step and is certainly
not meant to be construed as representing the entire
process. The sample that is provided here is simply to
illustrate the concept of obtaining tacit contractual
consent as it relates to the first step to equity
recovery, using the "bank's" own established
protocols, and it should not be construed as anything
beyond this first simple step in the process.
From: (Your printed salutation and mailing address)
To: (Lender name and address here)
Via: Registered Postal Delivery
Postal Receipt Number: (enter Receipt number here)
Date:
Re: Notice of Private Contract #:(enter same postal
Receipt number here); and Custodial Safekeeping
Receipt (or Certificate of Deposit) #:(enter same
postal Receipt number here)
Greetings:
Please be advised that upon your receipt of
this letter, this letter shall serve as an addendum to all
prior agreements or contracts entered into between us
including the intent of any prior written
communications between us, and that collectively,
this letter together with the said prior agreements,
contracts and written communications shall form the
essence of the above captioned Private Contract
related to the above captioned Custodial Safekeeping
Receipt (or Certificate of Deposit), a true copy of
which is attached hereto for reference.
Please be advised that on the blank day of
blank year, I did satisfy all of my financial
obligations to you regarding your loan number:
_______________ . My records indicate that upon
my satisfaction of the said financial obligations to
you, I neglected to recover the original-ink-signedpromissory-
note from you, which has been retained
by you in your safe custodial possession on my
behalf.
Therefore it is my humble request that within
fifteen (15) calendar days of the date you receive this
Notice, that you deliver to me by postal or courier
service the said original-ink-signed-promissory-note
or obligation in its original and unadulterated form,
or in the alternative, your written confirmation of
your agreement that you will continue to hold my
promissory note or obligation in your custodial
safekeeping on my behalf and on terms and
conditions as specified in, or ancillary to the attached
Custodial Safekeeping Receipt (or Certificate of
Deposit).
Should you choose not to return the said
original-ink-signed-promissory-note or obligation in
its original and unadulterated form to me, or should
you be unable or unwilling to return the said originalink-
signed-promissory-note or obligation in its
original and unadulterated form to me, then for your
convenience, confirmation of your agreement to this
Private Contract and Custodial Safekeeping Receipt
(or Certificate of Deposit), will be automatically
accepted by me on any of the following basis:
i.You choose to respond in writing within the
specified period, confirming your agreement to this
Private Contract and Custodial Safekeeping Receipt
(or Certificate of Deposit); or
ii.You choose not to respond in writing within
the specified period, thereby offering your tacit
consent and confirmation of your agreement to this
Private Contract and Custodial Safekeeping Receipt
(or Certificate of Deposit); and
iii.Whether you consent to this Private Contract
and Custodial Safekeeping Receipt (or Certificate of
Deposit) by choosing to respond to this Notice in
writing or not, you do hereby unconditionally and
irrevocably appoint me as your fully authorized agent
and representative for the purpose of affixing the
acceptance date and endorsing your typewritten name
and title as the "Issuer" on the original copy of the
attached Custodial Safekeeping Receipt (or
Certificate of Deposit).
Should you wish to declare that you do not
agree to this Private Contract and Custodial
Safekeeping Receipt (or Certificate of Deposit), then
you must deliver by Certified Postal Service to me
within fifteen (15) calendar days of the date you
receive this Notice, your written declaration together
with the return of my original-ink-signed-promissorynote
or obligation in its original and unadulterated
form.
Owing to the fact that there are no other
lawful possibilities that you may offer that could
support your decision to retain my original-inksigned-
promissory-note or obligation, or that would
support a declaration that you disagree with this
Private Contract and Custodial Safekeeping Receipt
(or Certificate of Deposit) should you be unwilling or
unable to return my original-ink-signed-promissorynote
or obligation, any response which is not your
confirmed agreement to this Notice that may be
offered by you other than a response that includes the
return of my original-ink-signed-promissory-note or
obligation in its original and unadulterated form as
specified herein, will be accepted by me as
constituting your de facto agreement to this Private
Contract and Custodial Safekeeping Receipt (or
Certificate of Deposit) and as having been supplied
by you for my informational purposes only.
____________________________________
Autograph: (your printed salutation here)
Obviously, you would need to prepare and
issue a proper Custodial Safekeeping Receipt (or
Certificate of Deposit) to accompany this form letter.
If you have an interest in NCOY helping you
to recover