Mortgage Note Example – Selling a Mortgage Note

Facing foreclosure? Info at www.consumerwarningnetwork.com may help. Your goal is to make certain the institution suing you is, in fact, the owner of the note. There is only one original note for your mortgage that has your signature on it. This is the document that proves you owe the debt.
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Selling a Mortgage Note

Article by Troy Fullwood

Mr. Fullwood is a nationally known mortgage investor and real estate guru and coach who frequently speaks and writes on the topic of mortgage investing. His experience includes his most recent position as President and CEO of Pinnacle Investments, one of the nation’s principal buyers of first lien performing and non-performing real estate notes.










Mortgage Note Example

UCC 1 Financing Statement .. What is the Banksters fraud? .. ** When you took out a loan, you signed a Promissory Note. A promissory note is a Monetary Instrument, much like the dollar bills you have in your pocket. Lets say for example that you signed a Promissory Note for a Mortgage in the amount of 0000. To a bank, that Promissory Note is the Same As Cash. Proof: If you look at a United States Dollar Bill, you will see written at the top the words Federal Reserve Note. In essence, this Reserve Note is a Promissory Note. This dollar bill is evidence of a debt the Federal Government owes the Federal Reserve. Your Promissory Note is evidence of a debt you owe the bank … So to a banker, your 0000 Promissory Mortgage Note is like a 0000 Bill. They take this Note and they create a Demand Account, in your name, without telling you about it!!! The balance of the Demand Account goes from to 0000 by depositing the PROMISSORY NOTE into this account. When they write a Cashiers Check for 0000.00 (to pay the seller of the house you just bought their Monies in Full), the balance in YOUR Demand Account goes back down to . Most Importantly if the whole process stopped right here, there would be no crime committed, no fraud committed, and everyone would be in an EQUITABLE position. HOWEVER, the moment you start paying interest and principle payments after your Demand Account is brought to (above), these payments become your damages. The bank is taking money out
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Monday, August 1st, 2011 mortgage

45 Comments to Mortgage Note Example – Selling a Mortgage Note

  1. who is this attorney?

  2. reefdvr777 on August 1st, 2011
  3. You can get on the biggest lawauit against the banks in the counrty go to icansuemylender. com or call 1-866-967-9993 to be apart of this lawsuit and sue your lender!!! They can also delay your foreclosure!

  4. ANYSIA000 on August 1st, 2011
  5. @cutit37909 THROUGH A DISPUTE OF MY CREDIT REPORT I FOUND OUT WHO REALLY OWNS MY NOTE AND I AM BRINGING THAT TO COURT WITH ME TO FILE CONSUMER FRAUD CHARGES AGAINST THE SO CALLED BANK U.S. NATIONAL BANK ASSOCIATION..WHO USES THE OCWEN SERVICE COMPANY WHO HAS NOT LEGAL RIGHT TO COME AFTER ME ACCORDING THE CREDIT EXPERIAN,TRANSUNION,EQUIFAX

  6. kendra32 on August 1st, 2011
  7. @kendra32 I had Wells Fargo also.They sold it to Ocwen. I have been waiting on modification.They have been
    adding “fees” up to $900.00 a month. I stop paying fee. They applied my payments toward the fees.Now my payments are behing ( Feb,payment went to Jan..March went to Feb..so on) Now they refuse to accept payments. I $9000 in fees. I am not upside down in my house. I have equity.I am self contracted. Bad credit now.Frustrated…
    .What has happened with you now? What was the next step?

  8. cutit37909 on August 1st, 2011
  9. litigationlawsuitagainstthebank@gmail.com contact me to sue your lender.

  10. activebeachgirl on August 1st, 2011
  11. GRANDIZER CASH…. google it get a fax machine and a computer not linked to you such as a library and a safety deposit box and i will show you how i picked myself up off from the street’s and made money with no investments my ideas are Sneaky and tactfull and you will thank me when you get the info that is designed for two pages you will realize you dont need a book to make the money you need the PROTO -TYPE WAYS

  12. onecoolgreek on August 1st, 2011
  13. THIS CRISES IS FROM THE BANKS AND GOVERNMENT,if you are being forclosed, cancel your insurance, file bankruptcey,get a electric fryer,fill it with oil,turn it on HI, and leave. thats the best way to SCREW the banks.and if asked,you can say oh! i must have forgotten.

  14. trapptowers on August 1st, 2011
  15. BUY FORCLOSURES FREE LISTING stopmyforeclosures.info

  16. 2502andrew on August 1st, 2011
  17. I was in the middle of a modification with Homeq now wells fargo..and they sold the loan to Ocwen…..no one told Ocwen that I was in the middle of a modification and the new bank took the house.DYFS caseworker Michael Eatman Muhammad asked me can I let one of his clients….stay in the house for two weeks…even though most of my things were still in the house……I took seriously ill and once i was well enough to return…..the people put in cable ..used my home supplies to fix up the house.

  18. kendra32 on August 1st, 2011
  19. giant dildos are fun in the bedroom but beware beacuse they can make u prolapse and nobody wants a saggy anus, now be careful out there

  20. Mattelliott1234 on August 1st, 2011
  21. @lilmzaly

    Hello: still there….CAN YOU call me at 617-964-2951

    david snieckus

  22. TheDavidsnieckus on August 1st, 2011
  23. i agree with her but u made a promise so u should keep it but for starter we shouldn’t be dealing or paying or promoting interest be it for muslims or christians its totally prohibited but i tink in the bible there is nothing bout usuary cuz it was removed.

  24. bxccapricorn on August 1st, 2011
  25. google paul stemborowski

  26. stemborowski on August 1st, 2011
  27. Show me the note! h ttp://action.seiu.org/page/speakout/wtnnpa

  28. ShowdownInAmerica on August 1st, 2011
  29. CAN THIS BE DONE WITH YOU CAR LOANS?

  30. ouluvme2 on August 1st, 2011
  31. @missionaryoffaith I agree that that’s wrong if the house is otherwise lived in. I was one of the early proponents of the ‘show me the note’ technology but there isn’t much you can do when the judge is splitting the booty with the bank and the sheriff. All these cum stains are going down real soon.

  32. AceOfHeart2012 on August 1st, 2011
  33. @AceOfHeart2012
    squatting , means you have the right to live on a property until all the process of paper work and courts has gone through and than they can remove you…ok, my friend went on vacation ( a police officer) got back home and ppl living in his house even their mail was coming there …it took him 3.5 months to get them out, ” squatting ” squatters……

  34. missionaryoffaith on August 1st, 2011
  35. @missionaryoffaith To take a crap? I don’t get it. That’s neither a complete sentence or a question. Please clarify.

  36. AceOfHeart2012 on August 1st, 2011
  37. @AceOfHeart2012
    squatting i guess

  38. missionaryoffaith on August 1st, 2011
  39. @Braveheart4242 MORON MORON MORON I wish I owned the mortgage on your house so I could throw your scumbag ass out

  40. biggerturtle on August 1st, 2011
  41. @lilmzaly you are indictive of why this country is in such trouble MOOCHER SCUMBAG ASSHOLE I hope you get hit by a truck

  42. biggerturtle on August 1st, 2011
  43. @lilmzaly idiot moron you are so wrong

  44. biggerturtle on August 1st, 2011
  45. If you really want to understand whats going on, go to this site… Neil Garfields LIVINGLIES……

  46. lowelisamarie on August 1st, 2011
  47. If you use the debt notes only as a way to help others, the blessings that come from God, the universe or whatever you call it, are enough to keep you afloat. Use your labor to volunteer to help people instead of getting paid by a job which keeps you Just Over Broke. Like the song says, Love is all you need.

  48. heartuvgold on August 1st, 2011
  49. I was wondering about the Strawman. How do we fill out this form against ourselves, or own strawman, or even how do we get rid of our strawman?

  50. furrieborn on August 1st, 2011
  51. @freemanshrout CAN U HELP ME TO BE COME SOVEREIGN IF SO PLEASE EMAIL ME AT PHILLIPBEST99@YAHOO.COM

  52. bestyamar on August 1st, 2011
  53. how does the secretary of state’s apostille signify that the protest is valid. All an apostille does is verify that the notary is a notary (simply put it is the notary of a notary) generally for international purposes. The apostille does not address the validity of a document or process.

  54. Dbestrealestateguy on August 2nd, 2011
  55. The citizens of the United States were sold in 1933 to the owners, whomever they may be, of a private corporation, the Federal Reserve.

    The US Supreme Ct. has granted corporations “personhood” recently.

    This is a non-issue!!! The United States Dollar has collapsed & is doomed as the World’s Reserve Currency, resulting in a dramatic decline in our standard of living.

    To hell with real estate. To survive the last stage of planned enslavement, one must have Gold & Silver.

  56. 24kGoldenRocket on August 2nd, 2011
  57. @Curiosity63 Then you have to lien the parties, particularly the judge, for violating your right to due process and remedy. If you get the lien file it in deed records in the county where the property is located.
    If they want to do anything there they have to deal with you before hand. The courts are corrupted, a court is essentially a bank. Make sure you get yourself bonded.

  58. MrRiceowlex on August 2nd, 2011
  59. @Curiosity63 An additional reason for doing the commercial lien is to create / state a claim for which relief can be granted. If they proceed to foreclose you HAVE TO SUE THEM preferably in a US District Court. You must take the offensive. When you walk into court state your jurisdiction, probably 28 USC 1332, the reason 28 USC 1332 applies, your grievance and then your claim (the lien) Do all this ON AND FOR THE RECORD then immediately motion the court for summary judgment.

  60. MrRiceowlex on August 2nd, 2011
  61. @freemanshrout my proces was ignored and bank of America proceeded with a foreclosure proceeding. They just act like the process never existed.
    What’s wit that?

  62. Curiosity63 on August 2nd, 2011
  63. HOW TO GET IN CONNTACT WITH THOSE PEOPLE WHO KNOW HOW TO DO IT. I WOULD GIVE THEM TO DO MY COMMERCIAL LIENS ON MY BEHALF.

  64. BrankoBrankov on August 2nd, 2011
  65. Freemanshrout questuin i can see the pro to this Now what are the Cons what the trade off down side(if you will) still be able to gain employment?suff like that Please this is fascinating stuff
    cheers

  66. henry19702000 on August 2nd, 2011
  67. A new company that files sovereign documentation for people. sovereignfilings dot c*o*m

  68. zujilin2 on August 2nd, 2011
  69. Where can I get the paperwork required for these processes? This is real deal stuff. There is a guy here in town providing this service for a good sum of money. Thanks

  70. Kaimungis on August 2nd, 2011
  71. UCC1 filings have nothing to do with being Sovereign. We cannot be truly sovereign while using the current commerce system. And the UCC1 is only one small part of controlling your commercial vessel (strawman). Just be careful, there are a lot of scams going on right now with this info. The only people I would trust now is Winston Shrout and Tim Turner.

  72. andrewjefferson1776 on August 2nd, 2011
  73. If I just want to be a “Sovereign” and take control of my “strawman,” I don’t need to take out a loan to fill out the UCC-1 do I? I thought you filled out the UCC-1 to reclaim your strawman and become Sovereign again?

  74. amoremorte85 on August 2nd, 2011
  75. I still cannot get passed the fact that the forst definition we are to agree on is for “Federal Government” and “federal government” is not even in the constitution for the United State of America.

    NICE!

  76. codeeish on August 2nd, 2011
  77. thanks 4 posting ,,interesting is a understatement ,,

  78. wizardangel on August 2nd, 2011
  79. Someone help me here. Didn’t you know of this “demand acct.” when you signed the contract for the bank to front the money to the seller and yourself being the debtor? With return payments being in increments plus interest because they put the whole wad up front.

  80. BobVoshalike on August 2nd, 2011
  81. this is not a court issue it is secured in the private sector.

  82. IRSFRAUDEXPOSED on August 2nd, 2011
  83. I would not count on this being upheld in a court of law. There are hundreds of archaic laws still technically valid & enforcable because no one has ever gone to the trouble of repealing them. The law is reactive not proactive. Example:There is still a law in the UK that says “No automatic vehicle(horseless carriage) shall be allowed to proceed upon a public highway faster than four miles an hour or at all unless proceeded by a signal-man with a flag. Common sense dictates these laws arn’t used.

  84. ChrisPCrunchy on August 2nd, 2011
  85. Thanks for the information freemanshrout, found a place on Facebook too.
    The freeman society to many in the world society will look like a commune.

    And communes are nothing new under the sun.

    I think someone told me at one time that communes come from the word communism.

    But you look at the founding fathers and they too had a sense of Free man society.

    Based on bill of rights and constitution for US Citizens.. All based on a rule of law. Called a republic. Sheepizism is today.

  86. edward9145 on August 2nd, 2011
  87. Friends & commentators .. my apologies for late appearance of any comments .. i’m Not seeing them here,

    And, Not receiving your comments in my mailbox !!! ..

    We get used to these shenanigans don’t we @~))

    This Remedy never goes to court.

    This is a process package of it’s own value …
    … not to do with fighting in court, or any other avenue of action.

    Peace.

  88. freemanshrout on August 2nd, 2011
  89. Hey .. thanks for taking the time to place your comment ..

    Think you’d do well to watch Winston Shrout video here & search ” freeman society” ..

    This is Happening NOW, and has been for some while … we do have remedy.

    And by the way .. we the people create money, the fed Just prints it !!!

    Peace,
    Red.

  90. freemanshrout on August 2nd, 2011

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