A well-designed legal instrument will protect the interest of both parties.

If you go back into your paperwork from when you bought the house last October, read through your note, the instrument that says you will pay back the loan, yadda, yadda....part of every note states that you agree to owner occupy the house for a period of no less than 12 months. 

If you bought title insurance are there any agreements or instruments listed in the specific exceptions section of your policy?

He was also instrumental in the revitalization of the Mt Airy commercial corridor, just on the other side of germantown. 

It has been so instrumental in our investing journey, and in my growth as a real estate agent. 

Sounds good, until I read this in CI'S Terms of Use, under the section labeled Use and Restrictions Related to the Services "You should not use the Services to execute any documents or instruments, or to make any offers or proposals that you intend to be legally binding.

If you are suggesting you borrow the money without any security instrument for your colleague lender and not let the primary lender (the bank) know what you are doing (e.g. concealing the $50K borrowed and signing your borrower's affidavit anyway), then I take back the first sentence of my first post.

To me, whenever exotic instruments pop up and start to gain steam, it means the end.crash is near.

Simultaneous foreclosure of two or more instruments?

I tell people who know fixed income securities that tax liens are the equivalent of a "fixed rate, variable maturity, zero coupon instrument".