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Instructions

There are various ways to create a Management Trust.

1. The standard way, you order it online and supply a Creator to initiate the Trust and then contract to the XYZ Real Estate Trust or Vehicle Trust. Then have the XYZ Real Estate Trust or Vehicle Trust contract to the Motherlode Trust to exchange currency that is owned by the XYZ Real Estate Trust or Vehicle Trust and then have those funds deposited in the Management Trust checking account on behalf of the XYZ Real Estate Trust or Vehicle Trust.
2. The other way is to have the Motherlode Trust be the Creator and then fund the Management Trust. However, that takes a bit of work to get all the contracts in order. The following scenario is derived by you ALREADY having your Motherlode Trust in place and your various Real Estate and Vehicle Trusts in place.

You should fund all your Trusts with the various currencies you own. You can LOAN those currencies to the Motherlode Trust to exchange by contract for all the other Trusts. Then the Motherlode Trust can place the money OWNED by your Real Estate and Vehicle Trusts into the account(s) of the Management Trust according to the Contract between the Real Estate and Vehicle Trusts and Motherlode Trust. The game plan… As the Trustee of the ABC Motherlode Trust you will agree to the number of the Certificates of Beneficial Interest to be given to XYZ Real Estate Trust or Vehicle Trust as collateral. Let’s use an example of borrowing enough currency from XYZ Real Estate Trust or Vehicle Trust to come to $3,000,00.00. Let’s also assume the you received a rate of $3.00 per IQD, therefore, you borrow 1,000,000 IQD from XYZ Real Estate Trust or Vehicle Trust. Step 1. Void a Certificate that was issued to an Investor and then issue one to XYZ Real Estate Trust or Vehicle Trust with the signed agreement for the agreed upon funding amount. Step 2. Re-issue the balance of the Certificates of Beneficial Interest that are held in the Trust to the Investor that surrendered the Certificates of Beneficial Interest for the issuance to the XYZ Real Estate Trust or Vehicle Trust. In other words: If there is only one Certificate Holder; Certificate #1 is for 50 Units, void the Certificate and issue Certificate #3 of the Motherlode Trust for 10 (or whatever number) Units to XYZ Real Estate Trust or Vehicle Trust. Then Issue Certificate #4 to the original investor of the ABC Motherlode Trust for 40 (or the remaining balance) units. If there are 2 Certificate Holders; Certificate #1 is for 50 Units, void the Certificate #1 and #2, and issue Certificate #3 for 10 (or whatever number) Units to XYZ Real Estate Trust or Vehicle Trust, the Secondary Trust. Issue Certificate #4 to the original investor #1 of the ABC Motherlode Trust for 20 (or half the remaining balance) units. Issue Certificate #5 to the original investor #2 of the ABC Motherlode Trust for 20 (or half the remaining balance) units. (In the case of a couple, it may be easier to follow the above directions for only one Certificate Holder.  

RESOLUTION

of

ABC MOTHERLODE TRUST

A Contract Trust Organization

            RESOLVED, that the Board of Trustees is authorized to borrow assets from time to time on behalf of ABC Motherlode Trust from any source, such assets for such times and upon such terms as may to the Board of Trustees seem advisable and prudent, and to execute in the name of ABC Motherlode Trust agreements for the borrowing of any assets so borrowed. The Security pledged to the lender shall be a certain number of the Certificates of Beneficial Interest of ABC Motherlode Trust as the instruments of security as a guarantee; FURTHER RESOLVED, that ABC Motherlode Trust by its duly authorized agent/Trustee, enters into an agreement with the said Bank or Bankers contemporaneously with the said borrowed assets whereby ABC Motherlode Trust agrees in consideration of the borrowing of said assets and shall assume and pay all expenses, costs incurred in making said exchange of borrowed currencies, in any legal proceedings brought against ABC Motherlode Trust by XYZ Real Estate Trust or Vehicle Trust, should said borrower not be able to return the borrowed currency in either the original value or the increased value. FURTHER RESOLVED, that ABC Motherlode Trust by its agreement with XYZ Real Estate Trust or Vehicle Trust, shall deposit the return of said exchanged and borrowed currencies as U.S. Funds directly into the designated MNO Management Trust account on behalf of XYZ Real Estate Trust or Vehicle Trust whereby the ABC Motherlode Trust fulfills that contractual obligation set up by XYZ Real Estate Trust or Vehicle Trust with MNO Management Trust FURTHER RESOLVED, that each of the foregoing Minutes shall continue in force until express written notice of its rescission or modification has been received by the said source, but if the authority contained in them should be revoked or terminated by operation of law without such notice, it is resolved and hereby agreed that the Trustees borrowing money shall be saved harmless from any loss suffered or liability incurred by it in so acting after such revocation or termination without such notice. Dated   ______________

_____________________ Executive Trustee

_____________________ Executive Trustee

Promissory Note – Guaranty

FOR VALUE RECEIVED, ABC Motherlode Trust, (Borrower) promises to pay to the order of  XYZ Real Estate Trust or Vehicle Trust (Lender) the sum of _____________ . Said sum shall be payable as follows:  One (1) lump payment depositing said funds in: ______ bank in the name of XYZ Real Estate Trust or Vehicle Trust or a designated account in a Management Trust per the contract between XYZ Real Estate Trust or Vehicle Trust and MNO Management Trust on behalf of XYZ Real Estate Trust or Vehicle Trust. In the event of default, the undersigned agree to pay all reasonable attorney fees and costs of collection. Each maker, surety, guarantor or endorser of this note waives presentation of payment, notice of non-payment, protest and notice of protest and agrees to all extensions, renewals, or release, discharge or exchange of any other party or collateral without notice. Subscribed and sworn to on (date) under pains and penalties of perjury. Dated   ______________

_____________________ (Borrower) Executive Trustee

_____________________ (Lender) Executive Trustee

  

GUARANTY

FOR VALUE RECEIVED, the undersigned do hereby guarantee payment of the above note and agree to remain fully bound until fully paid. In addition, the borrower shall tender an agreed upon number of Certificates of Beneficial Interest certificates vested in the name of the lending Trust and shall be delivered to said lending Trust forthwith. Dated   ______________

_____________________ Executive Trustee

_____________________ Executive Trustee

 

Receipt

The undersigned hereby acknowledges the receipt of  _______($ _______) Dollars from ABC Motherlode Trust, in full payment, satisfaction and discharge of the obligation dated  _______ which is more particularly described as Promissory Note – Guaranty and shall return the previously agreed upon number of Certificates of Beneficial Interest certificates vested in the name of the lending Trust forthwith. Signed and sealed on   ___________  

_____________________ Executive Trustee

_____________________ Executive Trustee

   

Minute to Issue Release of Obligations

            Whereas, a claim has or may arise between ABC Motherlode Trust and XYZ Real Estate Trust or Vehicle Trust in regards to assets borrowed by ABC Motherlode Trust; be it: RESOLVED, that to terminate any future claims by or against ABC Motherlode Trust in regards to the aforementioned, that XYZ Real Estate Trust or Vehicle Trust is executing and delivering a general release to ABC Motherlode Trust. Dated   ______________

_____________________ Executive Trustee

_____________________ Executive Trustee