U.C.C.

- ARTICLE 1 - GENERAL PROVISIONS (2001)

so we're going to get into the
UCC um
the United
States the
USC's okay everybody is always hollering
the
USC but let me ask you something if in
one breath you saying you're not a US
citizen why are you trying to use US
citizen rules the United States code is
for United States
citizens right so how are you trying to
say in one moment I'm not a United
States citizen but then you going there
16 um 81 and 1692 at these people it
doesn't work that
way you have to also understand that the
government and the banks are two
separate entities they have two separate
meanings of terms their policies and
procedures are different that's why when
you're going through this
process you have to do it on every level
those who did the steps in their
recording National status and do not
detain all you did was stop being a
government slave where they can't tell
you that you got to get a shot or the
other things right that they say you
have to pay taxes but you okay so you
got that part fixed but the main
corporate as y'all see is the banks the
banks on the world I've said it before
there is a Bankers Constitution that we
are under you might want to go pull it
the banks
Run the World this new fed now
system don't let them hype y'all up with
all I can get my money the same day I
ain't got to wait till Friday it's a
setup it's a set up of the new system
don't y'all fall for the oh I can pay
$111 and now I have a blue check on
Instagram the reason that they're doing
that is because in order for you to get
a blue check you have to send in your
identification so they'll know who you
are and the new system that they're
going to put up with those four classes
of people of the post that I put up the
other day they can go on your post and
say sioban tingle
four months ago you said a post that we
didn't like and you try to use your
debit card and it's cut off because
that's what they're going to be able to
do with the fan now syis they're gonna
have a point system if if you use too
much um carbon and it's it's it's
ridiculous on what how they're about to
try to control the people so don't fall
for the oh I'll be able to get paid
right then they never are giving us
something for nothing and you'll be
giving up your
freedoms make your own social media
because in a minute everybody gonna have
to have a blue check everybody's gonna
have to verify and at that day I will
not be on social media at all you're not
getting my ID you're not gonna go back
on me five years ago and said that I
said something that you didn't like and
then now you about to cut my money off
it don't work like that
okay so nephew you good go
ahead yeah I mean if that doesn't you
know get you motivated and make you want
to pursue remedy harder than ever I
don't know what will like you literally
just saw how they turned a $200,000
mortgage into $518 million and this is
happening with every single thing they
are selling your credit cards they are
selling your car notes they are selling
your phone bills and they are making all
types of money if you have been with
your phone company for years imagine how
much money they made off of you and
that's your signature on it and you're
entitled to it but guess what you're a
minor so your custodians are keeping it
nice and safe
I don't know about you but that doesn't
fly with me but now that you understand
what what Security fraud is let's I'm
going to take you to the laws that
govern the Securities right because
you're gonna you see all the UCC the UCC
codes going around but now you're
actually going to be able to understand
what these codes are right especially
like UCC
1-308 how many of y'all actually know
what that means raise your hand if you
understand the full purpose of UCC 1-308
versus just I know I'm supposed to
reserve my rights what is the meaning of
that raise your hand if you
know nine people see this is what I mean
this is what 13 hands going up still
compared to the amount of people in this
class the number of hands that I'm
seeing is far too low but it's okay so
UCC
1-308 a party that with expit
reservation of Rights promises or
performs performance or asent to
Performance in a manner demanded or
offered by the other party does not
thereby Prejudice the rights reserved
such as words without prejudice or under
protest are sufficient right so
basically um I'll get to what that means
in a second but can you go to UCC
1-103 now I see it on my screen so I
know you all should be able to see it on
your screen and if you can't scroll over
so construction of the Uniform
Commercial Code it says the Uniform
Commercial Code must be liberally
construed and applied to promote its
underlying purposes and policies which
are to simplify clarify and modernize
the law governing commercial
transactions to permit the continued
expansion of commercial practices
through custom usage agreements of the
parties to make uni form the law um in
various jurisdictions the most important
part of this is subsection B though
unless displaced by the particular
provisions of the Uniform Commercial
Code which means unless the uniform
commercial code is adding more
protections not taking anything away the
principles of Law and Equity the law
Merchant and the law relative to
capacity to contract principal and agent
EST stopple fraud misrepresentation
duress coercion mistake bankruptcy and
other validating or invalidating cause
supplement its Provisions that means
that the principles of Law and Equity
the law of merchant is exactly what it
sounds like the law of dealing with
Merchants the law relative of capacity
to contract you have to be in a capacity
to contract otherwise it doesn't work
principal and agent what are the
principal what is the agent EST stopple
fraud misrepresentation so all of the
things that are unlawful according to
common law and the rules that have been
agreed upon by most people it is that is
it's uh how do you say it's common sense
it is automatically assumed to be that
it is known you see what I'm saying so
these are the principles on which this
law is formed and those sound like
pretty good principles those are pretty
black and white it doesn't sound like
it's too keen on fraud or
misrepresentation and we just showed you
how they where in any of your documents
do they tell you that they're going to
sell that security and make millions of
dollars off of it it's all
misrepresentation you could even argue
the or coercion because you are under
duress you don't know what's going on
they're pressuring you to sign things
there's so many things going on so that
is the construction of it that is the
basis that is the sole of the Uniform
Commercial Code that is its
backbone and it doesn't bend very easily
on those things now understand this and
this is what you'll find in every single
one of your contracts TRS can you go to
UCC
1-15 and you guys should be writing
these down taking notes and when we're
finished with the class go through and
read the entire Uniform Commercial Code
not just the aspects we're going to
cover in this inro class
now if any provision or Clause of the
Uniform Commercial Code or its
application to any person or
circumstance is held invalid the
invalidity does not affect the other
portions or applications of the Uniform
Commercial Code which can be given
effect without the invalid provision or
application so basically and you'll even
see this in your contracts it's it's a
varability clause basically saying if
one part of this contract is found to be
unenforceable then the other parts of
the contract remain so a good example of
this is when they are reporting your
information to um third parties right
because they'll say in the contract we
may report your information to third
party that may is with your assumed
consent so if you ever revoke your
consent for them to do so so then that
becomes um an uncons conscionable Clause
so it is not severable so it cannot be
held right if you went to court you
would be like well this is UN this this
this cannot be held according to the
Uniform Commercial Code it's held
invalid but it doesn't invalidate the
entire
agreement so that's one other thing to
keep in mind so that is what what it is
so next can you go to 1201 so when you
are
reading in any law anything like this
start with the
definitions start with the definitions
because all of these words are what
you're going to see throughout this
entire article of the Uniform Commercial
Code specifically um part one so it's
going to be a different set of
definitions for each part it is
important now some definitions are
uniform throughout but others are unique
to their section so be mindful of that
so unless the context otherwise requires
words or phrases defined in this section
or in the additional definitions
contained in other articles of the
Uniform Commercial Code that apply to
the particular articles or parts thereof
have the meaning stated so unless they
State otherwise the meanings are the
same so you're going to these are the
general definitions so you're going to
see here what applies to you what is an
action in terms of the Uniform
Commercial Code right that when we say
that they're speaking a different
language which is legal Le this is the
different language because you know what
in Act is in your general sense but what
is an action according to the uniform
commercial code according to the general
definitions for the entire Uniform
Commercial Code in the sense of a
Judicial proceeding it includes
recruitment counter claim set off suit
INE equity which is arbitration and any
other proceeding in which rights are
determined so you going into arbitration
is an action you are the aggrieved party
that is the party who is entitled to
pursue a remedy
okay now now look at this agreement as
distinguished from contract so an
agreement and a contract are two
separate things according to this code
it means the bargain of the parties in
fact as found in their language or this
is the important part or inferred from
other circumstances including course of
performance which will go it goes over
performance course of dealing usage or
trade as provided in section 1-33 and so
what you would do is you would go look
at the definition of uses of trade as
provided in section 1303 do that on your
own time but that's an example of where
if it references another code stop right
there go to the other code that it's
referencing understand what that means
so that way when you're moving on you
there's no Gap in your knowledge so a
bank means a person engaged in the
business of banking including a savings
bank and a loan Association Credit Union
and Trust Company so this is important
here there
right means a person in possession of a
negotiable instrument document of title
or certificated security that is payable
to Bearer or endorsed in
blank so when you get these Securities
you are the bearer you're in possession
of a negotiable instrument or if you're
in possession of a document of title
right now bill of lading means a
document evidencing the receipt of goods
or shipment issued by a person in Gades
of transporting or forwarding goods and
that has more to do with the shipping
and delivery uh Branch includes a
separately Incorporated foreign branch
of a bank why would it say a separately
Incorporated foreign branch of a bank
can anybody tell me why that might be
and I'm going to start with um who's the
first hand
up
Amisha
why would they do you have any reason
why they might um say um that a branch
would include a separately Incorporated
foreign branch
Bank okay maybe
not moving on to the next person so um I
want you guys I you guys to think about
what he's asking you okay so I just
showed you how one business has five
other businesses up under them but then
they have the parent company so for
example you have the regular whales
Fargo bank but then you got Wells Fargo
Securities maybe that'll kind of help
y'all understand it
right but you can go ahead and chose
your next person and if you have your
hand up please be ready to answer
questions so um we're gonna lower this
hand um Kasha Johnson let's try you I'm
here hey what what name is
that okay
perfect um I didn't have a question on
the UCC just yet I was going to wait
till the end and ask questions at the
end oh okay I see this is the I see
who's unmuted um okay that's fine
do hello this is yes okay did you do you
have an answer to the question um you
were talking about the branch right or
yes can you
repeat why would it say that a branch
includes a separately Incorporated
foreign branch of a bank why would that
be the
case um I believe that is because the
the banks can be as described above a
Savings Bank a saving and Loan
Association a credit union and a trust
company and we know that for example if
you get a car um not they are considered
a bank um and they they work under the
construct of a trust company which can
be considered a foreign
branch of that Corporation that's just a
guess
but
and that would be a correct guess um
that that's pretty much it because they
are all operating under separate
branches and depending on where they're
registered if they're reg if it's the
same business registered in different
places with different Ein and all those
things they are considered foreign to
each other so that's exactly the point
that I was trying to make thank you very
much later and then that also goes back
to um the fact that when you guys begin
to look up these companies for the most
part they're all registered in Delaware
that is where they are their
principal registration is on a state Lev
there's a couple reasons why I in
Delaware one Delaware is a private State
you'll never know who own it all is a
register agent number
two that's where the Chan recording is
because we're dealing with Equity okay
so that is where the Chan court is
located and number three they always
register in one state so that let's say
they registered in Delaware but their
principal offices in California
California is now considered foreign so
at the beginning of this call I told you
guys that the rules to the security
exchange is is that foreign companies
are not obligated to report each one of
their
Securities okay notless one of us do a
whistleblower on them and then they get
audited um but they don't have to
support them and this is why they're
getting away with the Security fraud and
the tax
fraud because they're not obligated to
report because they are considered a
foreign company and foreign companies
cannot be touched which is one of the
main reasons I tell everybody get you a
foreign trust and put your entire life
inside of that trust because now you
can't be touched if you're inside of the
trust can I ask a question later about
this
you could probably ask it now yeah this
would be the most appropriate time okay
so with regard to to this I'm actually
wanted to I am gonna sign up for you
guys to help me out but I was looking
for your link for oneone I guess all I
can do is the arbitration link because I
didn't see a one-on-one anymore so I'll
do that tonight but um I'm in
arbitration with exiter right now and
and um I wanted to know if I should move
it to a I found that that their lawyer
is also representing the dealer because
I added the dealer to my arbitration and
he's like rubbing it in my face that I
can't go to federal court because um of
the contract I signed but I told him the
contract wasn't fraud it's a whole
fraudulent contract the finance fee
everything is wrong in within the
contract so it was constructed under the
with false premises so it's not it's a
NL and void document and I want to move
to Federal
jurisdiction um okay so if you have if
you do have the an arbitration clause in
there they're going to just do a motion
to vacate it into arbitration because
that's the proper venue and they will
hold that and it has been held in many
cases I found some case law that would
help me out with that the rule of case
law is that you'll always be able to
find some supporting your point but um
if if it has an arbitration Clause that
what I'm trying to say is that that's
just going to be the more proper venue
to do it rather than in federal court
anyways and it's not going to get to
Federal Court um I'm sure you
have understand oh okay I know you have
I know you have some case law but um
like I said it's been held in the
Supreme Court um that if there is an
arbitration Clause it must be enforced
um and that is the general common law
doctrine that they say today right um
okay sign up for your class and I mean
I'll just sign up for one-onone with you
if you have something coming up soon
hopefully
yeah so that'll that'll be the most
efficient way um I don't want to take up
your time I appreciate you guys thank
you so so of course you I kind of missed
that so she had arbitration court and
what happened she she she's in
arbitration court and um they I think
she was trying to do it in federal court
but they were like no you're not doing
it in federal court because the contract
you sign has an arbitration Clause so I
just trying to explain that generally
it's been held in in the Supreme Court
that if you have an arbitration Clause
it's going to be enforced any disputes
in arbitration and so she tried to go
straight to federal court and can't you
can't do that you can't do that just the
same way but but see that that goes both
ways though and I tell you guys the
first thing to do is to read your
contract it says it on the contract that
if you have any legal issues with them
you have to take the arbitration if you
didn't want to do it in arbitrary means
you have 30 days from the day that you
signed that contract to rece and the
arbitration contract right but see it
goes both ways the Clause said that any
legal action on their side and yours
they have to take the arbitration so if
you ever got your car repo you know you
can use that law to get your car back
because they didn't take you to
arbitration when their document says it
but and then federal court is not the
proper venue for it you are looking at
law and
equity the federal court is not a
regular Courthouse it is tax court on a
tax level on on a federal level because
of the amount this is why people taking
consumer cases to federal court and
you're losing or they're doing what she
just said they did they're going to file
a paper asking for it to be dismissed
due to a mandatory arbitration agreement
but so guess what say you in court right
now being sued by a credit card company
all credit card companies have
arbitration clauses do the same thing
they did ask for to be dismissed due to
mandatory arbitration cause every almost
every lease with a corporate company
residential lease has an arbitration
clause in there so if they take you to
eviction court all you have to do is put
in a motion motion to remove if you or
if you already got a judgment motion to
vacate judgment due to mandatory
arbitration
Clause so and then when y'all take these
people to arbitration I hope y'all ain't
in there talking about USC's and know
this contract fraud because you signed
it you said you understood it you have
to go at them with Securities fraud I'm
gonna say it a million times it's
Security fraud I've showed you guys it's
Security fraud but if you try
arbitration if the stuff that you're
hearing all over social media recension
of a contract and this that you're going
to lose the sad part about it is is that
arbitration is binding the only other
recourse you'll have will be to do a
complaint with the security exchange but
if you couldn't get past arbitration the
security exchange is going to look at
your report and be like you still don't
know what you're talking about you know
what I'm saying this is why we tell you
guys to gain the foundation and what it
is that you need and I will say this a
million times too I get at least 10
consultations in a week and everybody
about I stop paying my
bills
why if you don't have it put in proper
standing and you stop paying that light
bill I'll send you a candle because
you're going to need it yes we know that
they getting us I just showed y'all how
they getting us but you guys have to
play the game properly learn your
position learn it well and move the
chest pieces properly or y'all gonna
keep getting repo Y'all Gonna keep
getting foreclosed on y'all ain't have
no lights no gas no water and don't come
to me and Caleb talking about they cut
it off because we never told you guys
not to pay your bills until you had it
and do not pay do not collect
stats and I understand like for the
person who recently came like I
understand wanting to go into
arbitration as soon as possible but um
and did you have a full def I don't
believe that you had a full defense
prepared or that you were quite ready to
do that so then like you said you're
going to come and book with us which is
no issue but it does make it a little
bit harder if you're
already not so much harder because it's
it's really open and shut and we'll
we'll keep going but um it's just
there's a proper order and I personally
would not have would not be attempting
things without even further study um and
you know especially jumping into
something like arbitration which is a
legal binding proceeding that if I mess
up there's no second chance so that's
all I would say is be wary of that I
understand wanting to get your stuff but
you've been paying it this whole time
sorry auntie real quick um you've been
paying it this whole time and no matter
when you finish paying it you're going
to get the same amount of money back so
whether you stop paying now or I
understand it wants to be now now now
but that's the only point I'm trying to
make here and and then the thing about
it too is you have to read your contract
because some contracts say that you have
to do pre-arbitration first which means
you have to contact them first and tell
them that this is what you're seeking
this is what they did and then if they
don't respond back in a certain amount
of days then you can take it to full
arbitration but even with arbitration
yes the contract does say contact the
AAA right or jars but if you are dealing
with a security that is held with a
corporation that is on the stock
exchange then that's a totally different
way of doing it then some of you guys
are filing arbitration and you're doing
it as document only that's not how that
goes you're going to lose so I have a
few people that I have to tell them to
resend your case so you won't lose it
and then we got to start it over because
it wasn't filed properly
that's that's more time that's that's
taken um away from you being able to get
the remedy that that it is that you seek
so y'all just be careful on what you
guys doing make sure you have the proper
Foundation to do it which is ultimately
why we're doing these things and every
last company that you're dealing with is
on the stock exchange that mean that
your arbitration needs to run under the
f n a rules which is a totally separate
rules which means you have two to three
arbitrators that's supposed to be on the
case it's supposed to be ran totally
different so that's why people are
clogging up the arbitration system with
billing erors and this that and the
other and you're G to make it harder on
yourself and I'm just being honest with
you just honest so I just wanted
to but go ahead thank you going forward
please keep your hands down until I ask
the question because I understand some
of you want to ask questions at the end
but if you put your hand up I'm going to
get confused because I'm going to you
and then you're going to say I don't
have a question till the end so please
only raise your hand when we ask you to
raise your hand and answer the question
that we ask only um so we can keep on
topic because otherwise in the replay
other people will get confused because
we're going on to different subjects
right so I just want to keep it on topic
as much as possible again please don't
raise your hand until we ask you a
question and only if you have intention
of answering that question in that
question only now continuing on with the
definition the burden of establishing
means a fact means the burden of
persuading of the Trier of the fact that
the existence of the fact is more
probable than it's non-existence the
burden of establishing belongs on you
when you are going into arbitration and
any consumer Remedy or administrative
process that you're trying to administer
the burden of establishing proof is on
you which means that you have to
persuade someone that what you're saying
that the fact of it is more probable
than nonpr so when you pull up a
Bloomberg terminal certified you know
Financial forensic audit report showing
how much money they made trading the
security and the fraud that is an
overwhelming burden of proof established
that you have done there so the buyer in
ordinary course of business this is you
this is everyone in their Common Sense
means a person that buys Goods in good
faith right and then good faith tells
you uh we'll go back over it again but
it tells you that Honesty in fact in the
obser observance of a reasonable
commercial standard of fair dealing so
that's what it means buying in good
faith you went to the dealer to anywhere
you're going to get stuff in good faith
without the knowledge that the sale
violates the rights of another person in
the goods and in the ordinary course
from a person other than the pond broker
etc etc so a person that buys Goods in
the ordinary course if the serson
comports with the usual customary
practice in the kind of business in
which the seller engaged or with the
seller's own usual or customary
practices a person that sells oil gas
whatever etc etc basically you are
buying it and you have a right to
recover Goods under article two and all
of these things so sales is a whole
other article in itself and that's going
to be the very next one so conspicuous
with reference to a term means written
so displayed or presented that a
reasonable person against which it is
operate uh to ought have noticed it
whether a term is conspicuous or not is
a decision for the court conspicuous
terms include the following heading um
in capitals greater than size and
surrounding text and contrasting type or
fonts Etc so when you see your truth in
lending disclosures those are meant to
be conspicuous right they show you the
finance charge they show you all of
these things and they give you all of
those things so that's why the heading
is written like that this is breaking
down why your contracts look the way
they look what they're supposed to
contain all of this so consumer means an
individual who enters into a transaction
primarily for personal family or
household
purposes this is let me interrupt you
for one second so when because he
brought up consumer if anybody have a
car note paper near you if you look at
the top it should be on the second area
the last box on the left hand side
there's going to be a box that says
check if it is not for personal family
or household purposes so when you guys
are going after these people use their
own um agreement against them because
the box is never checked if the box is
checked it'll be checked for business or
commercial due to the fact that the box
is not checked they have just told you
that this transaction was done as a
personal family and household purposes
where now these ucc's that you guys are
learning will you'll be able to use
these as your defense because the
application already told you that it is
for personal Family household purposes
and that you are actually the consumer
okay go ahead no that's
perfect so then contract as
distinguished from agreement means the
total legal obligation that results from
the Pary the agreement is determined by
The Uniform Commercial Code as
supplemented by other applicable laws so
you have an agreement it doesn't become
a contract until you sign it in both
part is agree right um but again com uh
these companies have no you know
capacity to contract because they're
legal fiction but that's another thing
anyways creditor so again according to
the Uniform Commercial Code this is what
a creditor is a general creditor a
secured creditor again secured party
secured creditor never secured party
creditor um a lean creditor and any
representative of creditors including an
assign for the benefits of a credor of a
creditor trustee in bankruptcy a
receiver in equity an Executor or
administrator of an insolvent deor
assigners or assigners
estate that's a very broad definition
and if you know what's going on about
you you these terms should be familiar
to you executive and administrator all
of these terms because this is all trust
law right trust law is a very important
aspect of law to study when
understanding these things so a
defendant includes a person in a
position of the defendant in a counter
claim cross claim or third party claim
and I know it might seem crazy I'm going
over all of these definitions but it's
important that you understand what all
of these things mean because all of
these same words are going to keep
popping up with what I'm showing later
on but I got I do have to speed it up
otherwise we will be here all night
delivery with respect to an instrument
document of title or Shadow paper
remember if you heard that term earlier
Shadow paper we are the shadow paper
means voluntary transfer of possession
so you delivering your instrument to
them is you transferring The Possession
and they go over how to transfer The
Possession document of title includes a
bill on before you before you go to that
it tells you right here this this
statement is so
important you know you chadow paper or
the document of title y'all just heard
um her say earlier they're asking for
the title they want her to
voluntarily transfer them possession you
guys got more power than what you know
that you have and as long as she does
not
voluntarily transfer it it is nothing
they can do so the reason they want her
to voluntarily transfer the possession
of the documented title so they can now
become the lean
creditor that's it that's
all y'all see how that works and again
that's why I highlighted that voluntary
transfer of possession so it doesn't
matter what you're delivering whether it
be an instrument title or childan paper
you're transferring possession to
someone else making them the holder in
due course of the instrument who is
entitled to enforce etc etc so do you
see how it all links together and this
is why the uniform commercial code is
one of the most important things because
it is the basis of all contracts and if
you understand the basis of all
contracts you cannot lose so again
moving on we know what a documented
title
is Fault means a default breach wrongful
act or Omission so if they omit the
information from you of what they're
really doing and what the true purposes
of this agreement would that not mean
that they are at
fault I do believe that it would genuine
means free of forgery or counterfeiting
older a person in possession of a
negotiable instrument that is payable
either to the bearer which remember you
are the bearer or to an identified
person that is the person
in possession B the person in possession
of the documented title if the goods are
deliverable either to the bearer or to
the order of the person in possession so
when you pay something to the order of
who you're sending it to this is why
they become a holder of the instrument
and once they become a holder of the
instrument there is certain duties that
they have to to that instrument and
we're going to go over those so
insolvency proceeding including an
assignment of the benefit of predator or
other proceeding intended to liquidate
or rehabilitate the estate of a person
in resolve so if you've heard that term
before um insolvent means having
generally ceased to pay debts in the
ordinary Co course of business other
than as a result of a Bonafide dispute
being unable to pay debts as they become
overdue or being insolvent within the
meaning of federal bankruptcy law so
this is what money is whenever somebody
is saying that you have to pay in money
all money is is a medium of Exchange
currently authorized or adopted by a
domestic or foreign government the term
includes a monetary unit of account
established by an intergovernmental
organization or by agreement between two
or more
countries that's it the medium of
exchange currently
authorized there many different and
that's the only reason that the meaning
of money so the FN that you guys like to
refer to them as um is not money it's
actually a debt note right and when you
get deeper into each State's
UCC you'll see that it says that a state
cannot say that one certain species can
be used as currency for example there
was a court case a long time ago in
court they ruled against the guy they
told him he had to pay a certain amount
um to the Creditor okay they never said
what he was supposed to give because the
state cannot tell you that you only can
use one form of payment okay so he went
and got and I'll find this case it is
very old he went and got beans Pinto
beans the ones that be in our pots on
Sunday and counted out that amount of
pinto beans and the amount of what they
said that he oh took it to the court and
gave it to them and when he went back in
front of the judge he said well you
didn't say that I had to pay it in a
certain type of way he used the UCC law
because the UCC law is on a federal and
a state level so each one of your states
have one and plus you have the federal
one to back you up they had to discharge
his K offw because we don't have any
money because according to Congress
money is silver gold and minerals or the
bean is a mineral because it came from
the
ground so is the UCC what our point of
doing this this evening is for you guys
to understand that get those USC's out
of your head use them for credit reports
and other things but when it come to
these debts everything is ran off of the
uniform commercial law period everything
and so when you begin to learn these and
you understand the meanings of their
terms and what it means for you you guys
will stop getting your letters ignored
as soon as they see a 15 USC you can't
even use that that's illegal because
you're not a US citizen when it comes to
Securities
okay oh that's
that hey I hope y'all are really
listening and taking good notes on that
now purchase means taking by sale lease
discount negotiation mortgage pledge
lean security interest issue or reissue
gift or any other voluntary transaction
creating an interest in property record
means information that is inscribed on a
tangible medium or that is stored in an
electronic or other medium in is
retrievable and perceivable form calling
somebody up on the phone is not having a
record walking in and talking to them
face to face is not having a record
because that is not tangible the words
that you say that's hearsay this is why
we say to do everything in writing it
has to be in a tangible form form stored
in some medium that is retrievable and
perceivable you have to be able to pull
it up at any time this is why everything
must be done in black and
white it representative means a person
empowered to act for another including
an agent an officer a corporation of
Association and a trustee executive or
administrator of an estate security
interest means the interest in personal
property or fixtures which secure
payment or performance of an obligation
so hold on if security insance if
security interest is what secures
payment or performance for an obligation
why would you give security interest to
the
company why would you do
that it doesn't make any sense for
anybody to do
that because that is what securing the
performance you're saying yeah I'm going
to give you this security ins in
securing my obligation taking on an o
that don't belong to you in order to
perform and pay right so that's total
total Madness and then you see once
again it says other voluntary
transactions and this is why we keep
telling you everything that they're
doing you voluntarily either signed it
or you acquiescence to it but as you see
everything is done voluntarily so just
like you can sign something you can take
your your signature away um and I don't
mean by resending a contract due to the
fact that your name is the only one on
that contract and when it gets to
talking about security entrance there's
a part in there that says you give us
the right to transfer now I just showed
you guys how many times they transferred
that note you told them they had the
right to transfer you could have changed
that you could have changed that in
scratched out and say no I don't want
you to transfer it or you only able to
transfer one or two times you see what
I'm saying so unfortunately everything
they're doing doing is based on a
voluntary system just like taxes earned
now you are going to learn how to go
back still be able to get credit for
what you gave security interest in but
now you control it by voluntarily only
giving them so much and it's a reason
why they keep using this word throughout
this entire UCC it's telling you that
everything is volun okay and again
notice how it says all the time I'm
referring to you the person who is
engaging in this contract in good faith
and that the person who is doing it is
doing it according to the customs and
the way that it's supposed to be done so
our mistake is assuming that these
people are doing things how they're
supposed to are doing things the right
way and when you learn that they're not
and you understand why they're not it's
much easier for you to fix it so then
State means a state of the United States
the District of Columbia Puerto Rico the
United States Virgin Islands or any
other territory or uh insular possession
subject to the jurisdiction of the
United States now notice how the 50
states of the Union were not mentioned
in there at all see um in other codes it
will be very specific when it says that
state means one of the 50 states of the
Union if a state means a state of the
United States that is the District of
Columbia and notice how it only names
Federal territories there so shity um
includes a guarantor and other secondary
obliger and that's pretty much the
things that you need to know before you
stop that I want you to go back
up they tell you that you have you can
get your REM yes remedy I forgot to go
over remedy 32 they're telling you means
any remedial right to which the
aggravated party what does what do they
say aggravated party is that's you means
a party entitled to pursue remedy that
is why on every last one of your
contracts you will see 16 CFR
4331 where it tells you that any holder
of this consumer credit contract the
debtor which is you can assert their
rights so your rights that you guys are
trying to assert needs to come from the
ucc's if the bank run the world the UCC
is based
on
monetary actions okay um for you guys
that's in Florida I know y'all seen it
but if you guys haven't go and pull the
um press conference that the governor of
Florida did when they started talking
about the FED now system okay so he was
saying that Florida is not going to be a
part of it Texas we sure ain't about to
be a part of it but what stuck out to me
during his whole news conference is this
he said I would encourage every state
to include in their uniform commercial
code that they refuse to do the FED now
system Texas is writing within their UCC
code for Texas to have its own gold back
currency for every dollar we give to
Texas they're going to give us gold in
exchange this is how strong this UCC
is it's the UCCS is what we should have
been looking at instead of the United
States code
they got us so bent on the United States
code that we Overlook The Uniform
Commercial Code and this is what runs
everything so this is the uniform
commercial code on the federal level and
you have one individually for every
every single state has its on UCC code
to that have some additional Protections
in there that the federal one doesn't
have that's why when you're going after
these companies you can use federal laws
and you can use your state laws in order
to get the remedy as they showed you
that you are able to get so that that
just stuck out like you have that right
you are the aggravated party you
entitled with or without resort to a
tribunal do y'all know what the tribunal
is that's real Court that's article
three court that's chancer Court
everything is ran all the land is tribal
land anyway if you didn't know that for
example the department of um Urban and
Housing Development that's not the full
name of it the full name is um the
department of urban and Housing
Development Indian Affairs because
everything is tribal use their own words
against them they said you can go get
your remedy do you see any of them
talking about any remedy
using the word remedy in the USC's no
because the US SE is not what you're
supposed to be writing in those
affidavits or whatever you guys are
sending if you're not going to go the
route that the that the contract says
you you have a better chance with them
if you're able to understand that they
are running up Under the
UCC okay exactly it is it is literally
the underlying principles are law and
Equity that's all you need to know
contract so then can you go to uccc 1202
very next
code so again
202 okay yes yeah so notice of a fact if
the person has actual knowledge of it
has received a notice or notification of
it from all the facts and circumstances
known to the person at the time and
question has reason to know that it
exists so a person notifies or gives
notice or notification to another person
by taking such steps as it may be
reasonably required to inform the
ordinary person the other person in
ordinary course whether or not the
person actually comes to know of it a
person receives notice of a notification
when it comes to that per person's
attention it is dually delivered in a
form reasonable under the circumstances
at the place of business which the
contract was made or at another location
held out by that person and is the place
for such receipts of communications so
that when you are sending someone a
notice you can only claim that they have
knowledge of it if you send it to the
place where they normally receive those
correspondences and it is duly delivered
in a form that is reasonable right this
is why we say to go registered mail
because then you have a tracking number
and then it's very a secured service and
you can see exactly when it was picked
up and the person who signed for it so
this is why it's proper for you to send
it registered and there's other reasons
behind that but the main reason is that
you are giving notice and
knowledge and then last thing we're
going to cover in article
one is um UCC
one-
um 305 right I would again go through
and look through all of the rest of this
but the remedies provided by The Uniform
Commercial Code must be liberally
administered to the end that the agreed
party may be put in as good of a
position as if the other party had fully
performed but neither consequential or
special damages nor penal damages may be
had except specifically provided in the
Uniform Commercial Code or by other rule
of law a right or obligation declared by
the uniform commercial code is
enforcable by action so remember what
action is declaring it specifies the
different and limited effect so these
are the basic B underlying principles
and everything that you need to
understand
right so can you go over to we're going
to jump to article three now but I
strongly suggest you read article two it
says for the purposes of saving time I
want to go over some specific sections