Words from the Rising Republics

December 06, 2017

 

GET WITHIN TOLERANCE

Project Purchase real estate using future income.

Objective: creation of wealth.

Scope of work: Cost of wealth creation using recognized “legal tender” as index.

Translation of imagined into real.

Equipment needed for translation. Human labor

PROCESS

Agreement for digits to be used to initiate scope of work. (Signature authenticated by notary for use in creating negotiable instrument with specific value on promise to pay instrument and secured by the real estate equal in value to the created negotiable instrument).

SPECIFICATIONS

Both instruments, promise to pay and mortgage must be maintained as one unit that cannot be separated.

Mortgage instrument must be recorded in public record at Probate Office in county where the real estate is located. Promissory Note remains unfiled and stored in a locked, fire-proof container until full payment is made and then surrendered stamped paid-in-full to the signor.

The agreement remains private. A public state action is required for enforcement compliance by both parties. If the “borrower” defaults, the real-estate may be sold to satisfy the demands of the promissory note. If the “lender” defaults and conducts a wrongful foreclosure, treble damages are to be assessed and awarded to the “borrower.”

The standard for law enforcement of contract compliance is due process. A foreclosure of mortgaged property auction cannot be conducted in the presence of law enforcement except when ordered by a Judge whose judgment replaces the promissory note after the note has been filed un-returnable into the case record with the local circuit clerk allowing the note to be authenticated.

Failure to record the mortgage into public record or failure to file the note into the circuit clerk’s court records, tenders the agreement to be null and void because the “lender” is left without the standing necessary to seek law enforcement absent a valid contract to be enforced.

NOTE: Public officials enlisted for contract compliance enforcement qualify for office by posting both a payment and performance bonds, which are on file with the Secretary of State Office. An official who issues a judgment yet has posted no bond, assumes personal liability for any damages resulting from any actual non-compliance findings.

Summary for non-compliance:

“Borrower” default allows the sale of property to satisfy the promissory note>

“Lender” failure to be holder-in-due-course of the original promissory note therefore no filing into Circuit Clerk’s case record. Refusal to accept full payment is default by the “lender”.

Result: Compliance law enforcement renders the agreement null and void as completed.

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