Glen Kealey Subscribers?
Date: Wed, 02/18/2009 - 16:23
I blew it off because I was current with my mortgage at the time, but the premise behind the information posted stuck in my memory. According to this poster, Kealey says that the owner of the mortgage note/loan CANNOT foreclose on a property without the ORIGINAL SIGNED note. That a copy or a xerox or a faxed version of the note is not acceptable evidence that a person owes money under a mortgage note. In today's age, loans are bought and sold, and many loans orginated by one company are now owned by another, often lost in that shuffle is the ORIGINAL SIGNED note/loan document. And per this poster, there have been folks in US that have fought a foreclosure process and won in court because the bank/lender can't provide the ORIGINAL SIGNED document.
Now I don't know if there's any truth to this or not. I'm wondering if there are any Kealey subscribers here, or if anyone is knowledgable about this "philosophy"? It sounds kind of hokey to me, to question whether your mortgage lender really has the original signed note and has recourse on the property. But I'm behind on my mortgage, so might as well unturn some stones.
I do know my mortgage has been sold once since I bought the home in 2003. And the original mortgage company went bankrupt within a few months of originating my loan... So it would be a definate possibility that my original signed document no longer exists.
O R I G I N A L mortgage note
you can email me @ [email]buddie29@hotmail.com[/email] and i'll forward you TONS of stuff on both mortgage notes + Glen Kealey.
OR you can go to YAHOO stock forums and click on poster "buddiee18" ...and check up on "WHO IS IN POSSESSION OF THE ORIGINAL MORTGAGE NOTE"...something to that effect. there are many posts and might be overwhelming.
Mortgage Note? WHAT....Mortgaget Note ?
Someone wrote:
I guess then that loans from private corporations backed by collateral of the house must follow the same rules, assuming that the corporation actually used bank "loans" to loan to the mortgagor? What if the corporation used its funds from capital invested by its owners to fund the mortgage-backed loan?
If the one making the loan can bring the original instrument of indebtedness in its original unadulterated form to court then you must pay.
How you pay, is another matter
It makes much more sense to offer to settle before foreclosure begins.
Ask for an accounting say two weeks out along with the lenders assurance that upon accepting your offer to settle the lender agrees to an immediate and direct exchange of your money for the original instrument of indebtedness in its original unadulterated form.
If the lender has assigned a security interest in the loan to some third party then, your good to go because you are not making payments on a loan......your making payments on a bearer bond/instrument.
And just why would you make payments on some bankers property???
Jack
----- Original
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.
[Jack Harper is kissin' cousin with Canada's Prime Minister Stephen Harper] [this is one of many of his emails pertaining to bankers/banks/foreclosures -- both for the USA and Canada
WHO REALLY OWNS REAL ESTATE ?
WHO REALLY OWNS REAL ESTATE?
Ever heard the expression, ???possession is
nine-tenths of the law???? Well for centuries that was
absolutely true, and in many places it still holds some
meaning. Remember our history lessons, when some
explorer reached the shores of a new land he would
simply plant his king???s flag on the land and declare it
to be the property of the king from that day forward,
regardless of who might have been living there first.
Of course, many battles were fought in many lands
around the world to enforce those declarations, which
effectively proved that whoever was the biggest
bully, was the owner.
I am happy to be living in Canada but I am
dubious about whether I fully support how it came to
be the Queen???s property. If asked am I proud to be a
Canadian land-owner, I would say yes, and by
extension I would be saying many other things. The
land I own was taken by force, and by continuing to
act like that was perfectly justified, I and all other
Canadians are silently stating that it must still be
justified. So, like in times of old, the biggest bully
might end up owning the most land!
Sometimes the biggest bully may don very
crafty disguises! It might not only be the right of
might that wins in a bullying contest, but sometimes
the deceit of the trickster can be just as effective.
In North America, and many other places in
the world, you do not actually own what you think
you do. This includes your real property - your home.
Oh you might have hired the best lawyer and you
might have been told that you have ???clear title??? to
your property, but you don???t - really really! How this
happens is most amazing. It all has to do with an
organised crime syndicate of bankers and mortgage
companies, land titles and lawyers! Sounds far
fetched I know, but believe me you do not own your
property in spite of what you may think!
Clever bankers working in concert with very
crafty lawyers have literally stolen all of the real
property titles in Canada and United States. With a
few very rare exceptions such as holders of original
Land Patents in the U.S. and holders of original
Crown Land Grants in Canada, they have taken it all.
Even the Natives have been duped from most of their
Reservation properties! Every Reservation that has
been pledged as Mortgage security, even if that
Mortgage has been subsequently discharged, has
been lost to the scheming bankers.
Remember many years ago, possibly talking
with older member of the family or community and
hearing them speak of taking great care to place the
actual title of their property in some safe place? Ever
wonder why no-one speaks of this need any longer?
Well, its because no-one has the need any longer!
Ever wonder why suddenly it became the norm to
have the Land Titles Office (in Canada) hold all of
the original titles while the ???owners??? would only get
a Certificate, or Abstract of title?
Several decades ago, the wording of ALL
mortgage documents was deliberately changed to
include two clauses, something along the following.
Clause Number 1: ???I/we Mortgagee, hereby sell,
convey, transfer, assign and devise all rights, title and
interests to the property (legally described) unto the
Mortgagor (lender), in perpetuity???. And Clause
Number 2: ???The Mortgagor (Lender) agrees that
upon Mortgagee making all payments and obligations
due to the Mortgagor hereunder during the term
hereof, it shall discharge this Mortgage (its lien) from
the subject property???. Notice that Clause Number 1
transfers all right ???TITLE??? and interest to the bank in
perpetuity. Notice Clause Number 2 says only that
the bank agrees simply to discharge their mortgage,
and not that they will return the title!
And from the first time any Crown Land in
Canada was mortgaged under such terms, the bank(s)
have indeed kept the title to the property in their
name! As alleged ???owner??? all you got was a letter
from Land Titles, confirming that there were no liens
on the title other than what you agreed to. You were
never told you were the actual Owner of the property
or given the actual Title to prove it, you were just
told that there were no liens on it and that you were
registered ???AS??? the owner, the truthful meaning of
the phrase being ???as the owner IS ALSO??? - the bank.
You were also told that in this modern age it
would be much safer to have the official Land Titles
Office hold the title in safekeeping and that you
should simply ???trust??? them. The reality is ever since
the property you think you now own was put up as
mortgage security that very first time after the banks
started using this new wording, title to that property
has remained in the name of that first mortgage
lender, and you and all of the others since were
tenants! Worse than this, every time anyone has
mortgaged that property after the very first time, the
banks have gained all of the interest and principal for
property that they already stole!
Now you can go through a process to have
the Crown Land Grant status of your property
confirmed and brought current, effectively providing
you with the actual (allodial) Title to your property,
which you should keep under lock and key in some
place much safer than Land Titles, but what lawyer
has ever advised you about this?
In the U.S. a similar process is available to
bring the original Land Patent current, which
provides you the same results. So now instead of a
Title Company holding the title, you would hold it.
Oh, and no wonder Title Insurance companies can
offer such title insurance coverage - they hold the real
title! They always go through a great process to let
you know the precise ???history??? of the parcel of land,
but they never take you right back to the Land Patent
or suggest that you should hold your own title as
evidenced in that Land Patent, unless you demand it!
An interesting advantage of having your
Crown Grant or Land Patent brought current and
possessing your own title, is that no-one may register
any lien against it without your cooperation, because
you ???hold??? it literally.
What we need to do is to stop acting like the
banks are justified in this thievery too. So long as we
continue to behave like it is just fine to be robbed,
they will continue to rob us. All we have to do to stop
the robbery is to simply start acting like we know the
difference. Theft from their point of view is relatively
simple, especially when we all continue to act like
the stupid victims they have made us out to be. By
the millions, Canadians willingly pay these notorious
thieves their hard earned, very valuable money - the
fruits of their labours; their productivity every single
day of the year! Soon we will have GIVEN our entire
heritage away to these robber barons!
To be continued??????
[by Jack Harper -- kissin' cousin of Canada's Prime Minister Stephen Harper]
fw: STUPID CONSUMER ON DUTY!???
STUPID CONSUMER ON DUTY!???
To whom it may concern;
I have never heard of a more insane act then that of a mortgage burning party.
Here is this couple inviting friends and relatives to witness what they think is the retirement of the note.
Great satisfaction occurs upon torching the offending note.
Meanwhile, back at the bank the banker knows full well the person(s) having this party are totally unaware that someone else retains legal title to the party house.
If at some point in the future the banker and his crowd of legal eagles representing the treasury decide to take out a second mortgage on their property they sure as hell don???t need to inform the party goers.
Who is going to tell the party goers about derivatives?
Why would they?.........they and the treasury still have access to the original note don???t they?
The original note is legal title, is it not?
Besides, your incompetent, legally speaking and have no say in the matter.
I mean, you just torched your note dreaming it to be the original, didn???t you?
Jack
fw: BANKER FUN!???
BANKER FUN!???
The easiest way to put the nay-sayers on the spot is to simply ask them questions.
Spend as little time as possible answering their questions.
Such as "What is legal tender versus lawful money?" (check what's written on a $20 dollar bill)
"What is a debt note?"
"If money is no longer backed by gold and silver then, what's backing it?"
"Why is it that only my signature appears on the mortgage note that generated the funds to buy a house?"
"Does that mean I am the only one to add value to the note?"
"Where does the bank get the money to loan me if (as the Bank Act states), it's illegal to lend their depositors money or their own?"
"Why is it that the bank cannot bring the original note to court when foreclosing on a home owner?"
"Would that be evidence the bank never lent me any money?"
"Why is it that the national deficit goes up to the exact same amount as all the interest on bank loans add up to in any given year?"
"Is every loan made by a bank, "BRAND NEW MONEY?"
"Why did we get the BANK OF CANADA in 1933 after the entire free world declared bankruptcy?"
"Why are we paying interest (tax) on a fictitious note known as the National Deficit?"
These are some questions that make some people think and then squirm because, they simply can't answer them.
Don't debate their unfounded foolish answers.....simply move on to the next question.
Have Fun!
Jack
fw: Has the banker committed a felony????
The Bankers dirty secret??????..
Do you think if you pointed this out to the banker you just paid off on your mortgage or portion thereof, he may just wish to settle the entire matter by offering you're principal and interest back?????
I mean, he never loaned you any money........Right?
Didn't he just simply arrange to extend you credit?............your credit!!
Then why wouldn't you go and get you're money plus the interest back?
He has no claim of right to that!
You do!!...................unless of course you wish to gift it to him.
All you have to do is claim it as, a competent heir elect to the estate.
Jack...........from out back
Original message
"Duplicate certificate of Indefeasable Title??"
This is a title brought up to date in B.C that stays at the land titles office.
An extremely rare event these days.
If you were to get your hands on the original you may find a bunch of endorsements on the back
that reflect the negotiation of the note to another.
Sometimes these endorsements are in blank, which makes the note a
bearer instrument.
The title to a property becoming a bearer instrument?
Wow! No wonder they can't show up with the original title......it no longer exists!!!
The banker has converted it to ???Bank Property???.
Has the banker committed a felony?
INVESTORWORDS.com
bearer instrument
Definition
A negotiable instrument which is payable on demand to the holder, regardless of whom it was originally issued to.
Cite this definition
Bearer instrument
From Wikipedia, the free encyclopedia
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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.