(i) The associated person restricts his participation to transactions involving offers and sales of securities:(A) To a registered broker or dealer; a registered investment company (or registered separate account); an insurance company; a bank; a savings and loan association; a trust company or similar institution supervised by a state or federal banking authority; or a trust for which a bank, a savings and loan association, a trust company, or a registered investment adviser either is the trustee or is authorized in writing to make investment decisions; or(B) That are exempted by reason of section 3(a)(7), 3(a)(9) or 3(a)(10) of the Securities Act of 1933 from the registration provisions of that Act; or(C) That are made pursuant to a plan or agreement submitted for the vote or consent of the security holders who will receive securities of the issuer in connection with a reclassification of securities of the issuer, a merger or consolidation or a similar plan of acquisition involving an exchange of securities, or a transfer of assets of any other person to the issuer in exchange for securities of the issuer; or(D) That are made pursuant to a bonus, profit-sharing, pension, retirement, thrift, savings, incentive, stock purchase, stock ownership, stock appreciation, stock option, dividend reinvestment or similar plan for employees of an issuer or a subsidiary of the issuer;(ii) The associated person meets all of the following conditions:(A) The associated person primarily performs, or is intended primarily to perform at the end of the offering, substantial duties for or on behalf of the issuer otherwise than in connection with transactions in securities; and(B) The associated person was not a broker or dealer, or an associated person of a broker or dealer, within the preceding 12 months; and(C) The associated person does not participate in selling an offering of securities for any issuer more than once every 12 months other than in reliance on paragraph (a)(4)(i) or (iii) of this section, except that for securities issued pursuant to rule 415 under the Securities Act of 1933, the 12 months shall begin with the last sale of any securityincluded within one rule 415 registration.

If you want to be the first lien holder, I suggest getting an abstract title on the property for knowledge of any other lien on the property.

I had to get a 3 month extension from the current mortgage holder to avoid being in default. 

I'm pretty well versed/aware of the qualifications for the different types of permits (Type 1, 2, and 3) and have known about the writing on the wall for type 2 permit holders.

An IRA may not transact with the account holder in any direct or indirect fashion.  

You want to know if you don't have to tell your mortgage holder about a transfer of interest in a property by hiding behind a land trust?

Now that being said yes it is the original note holders right to call the note fully payable if there is a change of property ownership, but I have never actually heard of it happening. 

In an improvement exchange the QI (qualified intermediary who processes your 1031) takes title to the new property and holds it in a special purpose entity called the Exchange Accommodating Title  Holder (EAT). 

I can tell you that this happens because I am a private lender currently lending on two properties as second place lien holder on both.

I'm interested mostly in the system real estate buy and holders use for accounts payable.