MERS, Sued by Louisiana Counties – PRESENTING KENTUCY v. MERS!

28 Jul

From: Charles Cox [mailto:charles@bayliving.com]
Sent: Sunday, April 29, 2012 2:11 PM
To: Charles Cox
Subject: MERS, Sued by Louisiana Counties – PRESENTING KENTUCY v. MERS!

MERS, Sued by Louisiana Counties, and NOW PRESENTING KENTUCY v. MERS!

April 28th, 2012 | Author: Matthew D. Weidner, Esq.

The list of lawsuits against MERS just keeps on growing and growing and growing. Attached below is the latest attempt by 14 counties in Texas to recover monies they claim are due from MERS.

For all of you new to the whole MERS as the villain game, I encourage you to Google MERS v. Azize and read what a good judge from right here in Pinellas County had to say about the whole MERS thing. I encourage everyone in this country, especially all those elected officials that remain content to continue accepting the lies and the catastrophe presented to us by the banking sector and their attorneys to ask yourselves,

What if the world had listened to Judge Walt Logan in his 2004 opinion, MERS v. Azize?

And now from the complaint itself:

For hundreds of years, the combination of recorded deeds, recorded mortgages and recorded mortgage assignments have provided the public in Kentucky with the tools necessary to effectuate real estate transactions with the knowledge that all potential interests in the property have been addressed with legal finality. The county recording system in Kentucky has been in place since the Commonwealth joined the United States.

Defendants have failed to record mortgage assignments in contravention of Kentucky law depriving Kentucky counties of millions of dollars in unpaid fees for mortgage assignments. The Defendants have taken advantage of the protections afforded by Kentucky’s laws by recording mortgages in land records maintained by Kentucky’s counties while at the same time they have failed to comply with Kentucky’s laws requiring accurate information.

Kentucky counties are charged with maintaining a property records system that provides Kentucky citizens with accurate notice of property interests in land. Kentucky specifically requires that all mortgages be recorded in the county clerk’s office: “All deeds, mortgages and other instruments required by law to be recorded to be effectual against purchasers without notice, or creditors, shall be recorded in the county clerk’s office…” KRS382.110(1). After the initial recording of a mortgage, Kentucky law requires that all assignments of a mortgage be recorded in the county clerk’s office, KRS 382.360(3), and that a fee be paid for each assignment by the assignee. KRS 64.012(1)(a)

KY-USDC-Complaint-KY-v-MERS.pdf

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