Originally Posted by
Michael Joseph
Excellent. You are on point. I thought to edit my previous post to address this concern but then I thought I'll just leave it and see what happens. You cannot get to the closing table without first coming to terms - which is to say an agreement prior to closing. I call this the Application for Benefits.
Be not thou a respecter of persons.
It does not matter if the entity is numbered has an EIN or a SSN or a DL it does not matter. No fiction has ever gotten up and walked across the room. These numbers are accounts in the Estate. So the Grantor / Trustor / Borrower will make a demand for lawful money or not. The PN is a formalization of the promise to repay the loan evidenced in the Approval of the Application for Benefits.
The attorney therefore is reposed with a trust from both parties. And IF the attorney does not perform THEN a resulting trust will come to existence. The accounting is held within the Trust Account of the Attorney. Usually NAME OF ATTORNEY, LLC.
This should be ample evidence that this system is a closed law boundary. To make a use or not - well answer this, does it benefit you, or not? Question is: are you with enough knowledge to understand the question.
Let me say it like this: Do you typically understand agreements that you don't comprehend?
Regards,
MJ