Is a promissory note secured or unsecured?

Secured Promissory Note is a note in which the borrower’s promise to pay a certain amount is backed up by certain specified property (called “collateral” such as in a Mortgage).

If the borrower does not repay, ONLY the original lender can take the collateral in foreclosure pursuant to law, but Judges go by what the Foreclosing ATTORNEY say because ATTORNEY JUDGES have mortgages also and do not want the People to get away what the Judges cannot get away with without paying the non-existent, bogus, and fraudulent bank loan.

A lender is more protected under a secured mortgage promissory note with the second part of the Mortgage known as a Mortgage lien contract or credit agreement security than under an unsecured note such as revolving accounts known as department store accounts, credit cards, and student loans. The CAP Security Instrument at Cancel1Mortgage.info pays off any bank or financial debt and has been accepted by banks, courts, and mortgage companies as debt termination.. Think about it..

Each Processed Credit Agreement Debt Payoff, Security, CAP Security, at Cancel1Mortgage.info are Registered State Licensed Processed Credit Agreement Payoff Negotiable Security Instruments used as money, similar to FRN Dollars; Mortgage Promissory NOTES; Mortgage Debt Lien Securities; and Auto Financing Credit Applications, credit cards, student loan credit applications, etc… Everything including money is based on your credit signature.. CAP Security Instruments are also used as money but for debt payoff similar to bank-created money, debt, and loans that create debts.. Banks actually verify and accept the CAP Security to pay off mortgages and other bank or finance debts; the maturity date is over 9 months which qualifies the CAP Security as Bank Verified money and legal tender with no interest payments; NOT Capital Gains Taxable; are notarized; are registered securities pursuant to SEC Law; pays bank claimed debt, and meets all Negotiable Instrument laws.

I am NOT an Attorney and do NOT practice Law, but I have attended many court cases, conducted countless interviews with Banksters, Attorneys, Law, and COURT officials in my 17 years of research to uncover banking fraud facts, that are in my client instructions that guarantee you win your court case..

We help you fight bank and foreclosure fraud and win any COURT case.. Details are in the CAP Security client instructions that have been proven to win any court case at your court hearing or Trial By Jury.. This is why we offer a 90% Money Back Guarantee for our processing if you don’t win when you follow and do what is in our client instructions.

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