Can You Comment On My Custom Security Agreement?

by | May 7, 2024 | 2008, Q&A | 0 comments

Q: Can you comment on my custom SA?
A: Browsed thru it briefly, of course you realize I can
not make a legal determination and therefor won't, but
in it you make reference to your SA inviting people to
become familiar with it. As I understand it, the SA is a
private agreement between 2 parties not a public
document in contrast to the Public Notice and the UCC1 filing -
as there purpose is to make a public announcement
based on the fact a private agreement exists to
substantiate that announcement. Furthermore the SA
includes or itemizes your property - if you make all
that public you virtually have no privacy and others
are in a position to use that information to your
detriment (the very reason we would want to have
privacy as it is in' our own best interest). Being a
sovereign is in its essence is being a private not a
public personage - let me do what ever I want as long
as I do not cause harm to any other personage - in
other words whatever I believe or do or have is nobody
elses business unless it affects him or her.

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