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Deed of Deceit

Deed of Deceit

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Published by A. Campbell
The Security Instrument is a nullity, the Power of Sale clause is out of reach, and Mortgage Insurance Collection Clause is out of reach. Deed of Deceit strips the costumes off the Security Instrument.
The Security Instrument is a nullity, the Power of Sale clause is out of reach, and Mortgage Insurance Collection Clause is out of reach. Deed of Deceit strips the costumes off the Security Instrument.

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Categories:Types, Research, Law
Published by: A. Campbell on Jul 16, 2010
Copyright:Attribution Non-commercial

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12/16/2010

pdf

text

original

 
 
©
 
Copyright 
 
2010
 
j.mcguire
 
P
 
O
 
Box
 
1352,
 
Bedford,
 
Texas,
 
USA
 
76095
-
1352
 
Page
 
1
 
Deed
 
of 
 
Deceit 
 
(Deed
 
of 
 
Trust 
 
 
Security
 
Instrument)
 
The
 
Language
 
Fannie Mae/Freddie Mac UNIFORM INSTRUMENT with MERS( A ) “Security Instrument” means this document… (Deed of Trust);( C ) “Lender” is _________________;( E ) “MERS” is Mortgage Electronic Registration Systems, Inc. MERS is a separate corporation that is acting solely as a nominee for Lender and Lender’s successors and assigns. MERS is thebeneficiary under this Security Instrument.…1. MERS acting solely as nominee; so what, who cares?2. MERS is the “Beneficiary”. When MERS is the named beneficiary on the securityinstrument and not the named lender on the note, the note and security instrument havebeen bifurcated as only the lender could be the beneficiary named on the securityinstrument and filed with public records to create a “Perfected” lien.3. Failure to properly perfect the lien has rendered the “Secured” indebtedness to an“Unsecured” indebtedness at the instant the loan was conceived.( F ) “Note” means the promissory note signed by Borrower (Payable to Lender);( H ) “Loan” means the debt evidenced by the Note;( J ) “Applicable Law” means all controlling applicable federal, state and local statutes, regulations,ordinances and administrative rules and orders (Local Statutes – Public Records);( O ) “Mortgage Insurance” means insurance protecting Lender (see page 2 Uniform Covenants);( R ) “Successor in Interest of Borrower” means any party that has taken title to the Property,whether or not that party assumed Borrower’s obligation under the Note and/or this SecurityInstrument.TRANSFER OF RIGHTS IN THE PROPERTYThe beneficiary of this Security Instrument is MERS (solely as nominee for Lender and Lender’ssuccessors and assigns) and the successors and assigns of MERS. This Security Instrument securesto Lender…Borrower irrevocably grants and conveys to Trustee, in trust, with power of sale.…

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