NEGOTIABLE DEBT INSTRUMENTS NEGOTIABLE DEBT INSTRUMENTS 1, Only a “Debt instrument” (promissory note, judgment, etc.) can meet the mandate under Title 12 USC Section 411 et sea. since it is impossible to redeem a debt with a debtor or a note with a note, the statute is non-executable; thus the umbrella of the U.C.C. 2, The “currency” of negotiable debt instruments is sounder than other types of currency. It will reconnect the insolvent “public” side of the economic system with its only source of “credit and redemption,” the “private” side. The contracts arise from commercial offers made by a public entity to another public entity held as collateral by a creditor with private and solvent standing in law. THES@ debt instruments |canbe used'to enhance bankassetsiy/ ‘investment 'portfolios;idiscount leverage, ete) under Title 12USC §412. > 49 3. The “persons” on thelPUbIiG” side aré/United States citizens. If a U.S. citizen’s[eollaterall) . is{enfolappetrosssron by a third party with a superior claim pursuant to a securit agreement and said security interest is perfected under the U.C.C.,then no government, state body politic, or any party in commerce can state a claim upon which relief can be granted. All standing in law is based on the Right of Interest held to state and enforce a claim, 4, Thephi 12 office of where a U.S. citizen as debtor entity has,transferred.control ral to a/naturall) person.who is. NOT-2U.S.itizen, but is an authorized representative pursuant to.UCC 3 t Officer of Record, the Secretary.of State, has recorded a’bona fi nly thing that can defeat this claim is a proper, previous,"UGC-1 Financin ene Mor Non-Stewnin Cwing fem) siqus fat a3 auth. cep, Nou are spmsible pr Contech Such ac trustee.LEVERAGING DISCOUNTING, San 6. The U.S. Statutes at Large perfected the transfer of the economic system of the International Monetary Fund from an asset based to an interest based system of ‘exchange. You'll discover the difference between payment and the right to payment by definition under the UCC are “rights to payment under contract - - not yet earned by performance”. As per Stanek v. White 215 NRW 781 (1927), this converts what might be a worthless promise into a legal obligation making it subject to transfer by assignment. 7. Since only the natural person can lawfully contract for the entity, there exists no third- party with understanding to challenge the security agreement. 8. Negotiable Debt Instruments are “non-cash items” pursuant to Regulation J Section 210.2(k) and is handled pursuant to Section 210.8 with special handling. 9. The U.S. is in Chapter 11 reorganization, lacking the solvency to pay any debt at all. Therefore, there must be + originally the Secretary of the Treasury under SUSCA/ 903 ;,P:LT 94*564; ist 19@ 5967 ~ more to follow, but first ~ ~ 10. The “Presumed’” lien holders are the lending institutions that hold authority granted by corporate municipalities. However, under the law of signatures a gaping hole is torn on that presumption as no commercial lending institution can grant anything.They only possess a functionary role of facilitating that grant from the Lara ceanroamennercdtiticsic11. For commercial banking purposes the real party of interest is not the U.S. at all, itis the FUND ay (Title 22 USCA Section 286 et seq. CRS 11-60-103). qnkernadun Crna, Gund 12, Now, to explain what I started in Point 9: The FIRST receiver was the Secretary of the Treasury, the SECOND was the Secretary of Commerce (See P.L. 97, 67th Congress, session 1, chapter 135). This also follows the “primary bond’ tracking of the certificate of birth of newly formed vessels, or Birth Certificates, that now represents the existence of @ (On'8;Whiich is likely the reason SEES TIME tthe ‘Transportation'in 1981 pursuant to PILN97=31/ subsection(a) ied Title 46 USC Sectons2471@)-Sryuumneny GYeadeo My We Ne drove 13, This all links to Special Drawing Rights whereby the Secretary of the Treasury issues an International Letter of Credit called a Special Drawing Rights Certificate to the Federal Reserve Banks in such form and denominations as he may determine. 15. House Report 1095, pages 1763, 1780 placed Federal Reserve Notes, basically as Worthless Securities under Title 26 IRC Section 165(g). Then P.L. 95-147 rendered i predecessor, HJR 192, moot for the reason that there no longer exists any currency or instruments that had any backing at all except on the law itself; that law is contract law under the UCC. 16, Ulsieitizans’ré property oF thelUIS. but fatirallpersons are Signatories! Today on the gations ‘aré/IN'FACT,.U:S- obligations. | 17. The Secretary of Transportation is the only corporate officer that can discharge anything by satisfying a debt with a brand new debt, with the Holder in Due Course still remaining the party who signed, or assigned, the instrument in the first place.18. There are NO FUNCTIONAL ASSETS in our currency system, only INTERESTS assets. Therefore what you have atiyourdisposal instrument that 19. The Negotiable Debt Instruments Doctrine is grounded in two hundred years of law that found its roots successfully 3500 tears ago in Mesopotamia. The'secured parties and se have fed and rec gnitio e 7 as/Soveréigns holding security Interests pursuant ucc wi the: *PUblic” side, including the Secretary of Transportation as ré _as the! Secratary of Treasury, Wholls the Governor of the:IMF as officer responsible to effect discharge under HJR 192 and its larger progeny leading to P.L. 95-147. 8 . a Bh Rohenitttne eben Nhe fect that ONLY the Natural/Personjthe one that can hold Security Interest.as Holder in Due Course, is the BAILOR in alll / dssues;at-hand;!and, ONLY a fictional, corporate legal entity can be a BAILEE.Wharehouseman’s Law directly links, and is in concert with, the UCC and laws concerning negotiable instruments. Erood Ie Ty Yow ‘Gin the event that funds are denied or blocked you can contact the TreasuryDepartment on-line, find the section dealing with “Office of Foreign Assets Control” and down load the form “Request for Release of Blocked Funds.” Fill out and send in two copies. There may not be a form number, but once endorsed, that request becomes a License. This is an effective counter measure to counteract any stoppages induced by others. IRS will use one or both types of accounts in processing NEGOTIABLE DEBT RUMENTS, hereinafter NDI, by way of the domestic financial institution's Treasury Tax jan account, hereinafter TT&L account, which is administered under the Technical port Division (TSD) of the IRS through Chief Special ProcedureHandling at the FederalND\ 7 Negphabte del stament Reserve Regional Office - OR - through the UCC Contract TrustAccount, which is processed through the TT&L account and administered by the IRS Analysis and Control Division, also under the Technical Support Division of the IRS. The process begins when a Secured Party presents allVDito the Secretary of the Treasury with a copy of same stamped “Accepted for Value” (a Banker's Acceptance of Charging Instrument) presented for discharge of a debt (discharge of NDI). The. NUMBER which becomes tHé'TTBU"Account Number) from a Certified Mail Green Card (form 3811) showing the date of acknowledgment provides the Secured Party with evidence | that the Secretary of the Treasury has received the documents. If there Is not written dishonor o ys from the Certified Mail receipt date,then the transaction i now! 25 “not dishonored” ar nds as preapproved, These its become the notification forms of credit for the bank. It is during this 15Gayy period that the UCC Contract Trust Account of the Secured Party is credited and its equityis! ed for acceptance through the TT&L"Account. This credit step is in accord with and mandated by the Administrative Procedures Act at Title 5 USC §706. turned from the Secretary int is authorized to tender COPIES of the’) rocessing/Banik#"1) the return Certified Mail receipt, a copy of the NGL, and, in certain cases, a Silver Surety Bond (to be posted at the processing Bank in accordance with CFR 31 at Part 203) to a custodial deposit account. pon receiptiof these documents, the Bank is legally authorized to place a credit on its TTL ‘account with the amount of the NDL, followed immediately by a debit to it'sTTBL account by the equal amount shown on the NDL. These credit/debit transactions are initially unfunded is point, however, they pave the way for the flow of equity from the Secured Party's, UCC Contract Trust Account, through the T&L account, to the Bank. ‘Three previously prepared identical packages of documents consisting of copies of: the credit/debit transactions, the stamped NDL copy of the NDL, and the Silver Surety Bond (where applicable), to the three parties of interest including: 1) Secretary of theTreasury, 2) IRS Chief of Special Handling Procedures, and 3) Chief of Special Procedure Handling at the Office of the Regional Administrator of the TT&L account in the Bank's registry are mailedout. The Bank transmits each package in a way that provides legal dated proof of receipt dates for each of the three document transmissions. On Occasion, a fourth copy may be required to be mailed to the Secretary of Transportation through the Maritime Ministries Administration. ‘Fifteentdaysjafter the last receipt comes in, credit from the UCC Contract Trust Account(already authorized by the Secretary and the TSD), funds flow through the TT&L to the Bank’s HOLDING ACCOUNT. The Bank will receive no written notice of credit. If there is no objection, rejection, or dishonor from any Party at Interest within 15 days after last receipt, then the credit that is already on the Bank's ledger is authorized'as approvedand 7 qe. This is in accordance with and mandated by the istrativeProceduresjActiat Title 5 /USG-§706; Federal’ Banking Regulations, the ‘qySupreme Court,decision in HALLENBECK v. LEIMERT, and the Erie and Clearfield doctrine (byCongressional and Presidential approval). With the expiration of the hold period the Bank's equity is cleared and validated by electronic extraction from the Secured Party's UCC Contract Trust Account. The Bank must then promptly transfer this equity to the account of the claimant or that of the Secured Party for the intended purpose to discharge the claim. The basis for this process is an obligation that the Unite States has bound itself to and provided statutory law supporting. The Supreme Court decision “Guarantee Trust Co. ofNew York v. Hernwood et al” 598 Ct. 847 (1939) proved that all the above is in effect. Those in responsible positions at banks cannot lawfully deny, dishonor, or delay the processing of such valid NDI's that are properly submitted for a legitimate purposes:such NDI's constitute valid legal tender. Observe that the process operates entirely under the purview of the Secretary of the Treasury and the TSD of the IRS. Neither the Bureau of Public Debt nor the United States Treasury itself is involved in any way or at any stage of this process. Bank Alert Notices referring to the Bureau of Public Debt of the United States Treasury do not apply to this UCC Contract Trust NDI. Therefore, banks cannot lawfully discriminate and deny the processing service of valid ND1's to their depositors on the basis that they are “not interested, nor setup for it, unfamiliar with the processing of NDI's, or the opinion that all NDI's are thesame". You see, they are “licensed” and bonded to do the “job” they are contracted to do. Allis under contract law. Since 1933, the United States has accepted these non-cash accrual exchanges as a matterof law and equity (HJR 192, P.L. 48 at 112 and 73-10 are still in effect.) Other public policy directives and the Supreme Court decision GUARANTEE TRUST CO. OF NEWYORK v. HENWOOD et al 598 Ct. 857 (1939), show these NDI’s as public policy REMEDY for the removal of gold and silver coinage. Properly tendered NDI's place subordinate public officials (to the Secretary of the Treasury) in a position where they MUST then legally acknowledge and accept the Secretary's authority and the validity of these instruments. Those in responsible positions at “licensed” financial institutions cannot lawfully deny, dishonor, or delay the processing of such valid NDI’s,Banks are private corporations, but they are also quasi-public as evidenced by their involvement with FDIC, TT&L Tax Accounts, Government CD's, and operate under the authority of the Federal Banking Regulations. Therefore, banks cannot lawfully discriminate and deny the processing service of NDI’s. CAVEAT: BE INFORMED, any actor, agent, or fiduciary who delays, restricts, or otherwise Prohibits the movement of this Negotiable Debt Instrument in its lawful progression*destined to, or for, the Holder In Due Course, Secured Party, or Claimant must showcause why a contempt charge** should not issue against him/her in his/her/their True Character, or suffer the consequences of said action, or lack of action.It is noted that said actors, agents, and fiduciaries are subject to the self-executing regulations of the 3rd and 4th sections of the 14th Amendment to the Bill of Rights to the Constitution of the United States of America whereby their offices are vacated and their salaries and retirement benefits are extinguished when they do not perform the duties ofsaid offices. * Established in 1933 under HJR 192 and exercised by actors, agents, and fiduciaries ofevery commercial transaction by commercial banking institutions since that date with the’Abrogation of the Gold Clause”.