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1.3 Setoff Bond

This document is a private registered setoff bond for $100 billion issued by Phillip Courtney Gregory. It binds Gregory's collateral to cover any debts, liabilities, taxes, or obligations of two account holders - Phillip C Gregory and Wells Fargo Bank account #1000000201. Upon presentment, the US Treasury is obligated to set off the bond amount against any liabilities associated with the accounts. If not dishonored within 10 days, the bond is accepted and its obligations are due upon demand by the Treasury.

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100% found this document useful (13 votes)
3K views2 pages

1.3 Setoff Bond

This document is a private registered setoff bond for $100 billion issued by Phillip Courtney Gregory. It binds Gregory's collateral to cover any debts, liabilities, taxes, or obligations of two account holders - Phillip C Gregory and Wells Fargo Bank account #1000000201. Upon presentment, the US Treasury is obligated to set off the bond amount against any liabilities associated with the accounts. If not dishonored within 10 days, the bond is accepted and its obligations are due upon demand by the Treasury.

Uploaded by

Kingzuluone1
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd

PRIVATE REGISTERED SETOFF BOND

REGISTERED
FLORIDA SECRETARY OF STATE
UCC DOCUMENT NO.: 20O807888174
UCC FILING NO.: 03190802413901-28

BOND NUMBER
7005 1160 0003 4743 9626

$100,000,000,000.00
Pay to the Order of: UNITED STATES TREASURY (“PAYEE”) Issue Date: January 24, 2023
1500 Pennsylvania Avenue N.W.
Washington, D.C. 20220 Maturity Date: January 23, 2053

For Further Credit to: PHILLIP C GREGORY 341-54-0437; WELLS FARGO, BANK, N.A. ACCOUNT # 1000000201
By/On/Through: Phillip Courtney Gregory, Principal (“Creditor”)
Private Offset Account No. 123456789

KNOW ALL MEN BY THESE PRESENTS, which are intended to constitute a Private Registered Setoff Bond; and WHEREAS, only fiat money exists
in circulation for the discharge of debt:
NOW, THEREFORE, the undersigned Creditor being of sound mind and honorable intentions, for the purposes of protecting secured interests, reserving
rights of recourse, remedy and subrogation, and maintaining the honor of the above-named Account Holders and Accounts, does by necessity hereby
issue this Private Registered Setoff Bond, tendered, in good faith, as full satisfaction of any and all claims and/or demands, to wit: In the Creditor’s
rightful Sui Juris status, the Creditor does hereby knowingly and with full disclosure hold, bind and obligate Creditor’s collateral jointly and severally by
this instrument as voluntary surety for all of the above-noted Account Holders and Accounts, each severally, for any amount up to and including: One
Hundred Billion United States Dollars, i.e., $100,000,000,000.00, insuring, underwriting, indemnifying and discharging the said Account Holders and
Accounts against any and all pre-existing, current and future losses, costs, debts, taxes, encumbrances, deficits, deficiencies, liens, judgments, true bills,
obligations of contract or performance, defaults, charges, and any and all other obligations as may exist or come to exist during the term of this bond
(jointly and severally “Liabilities”), thereby honorably discharging and vacating dollar-for-dollar all such obligations until the sum or the term of this
bond is exhausted. The PAYEE shall have ten (10) days from presentment to dishonor this bond by returning it to the Principal by registered mail at the
exact mailing location shown below. Failure to return this bond will stipulate acceptance and honor.
SATISFACTION OF LIABILITIES. The PAYEE may demand payment of all or any portion hereof at its discretion by posting the payment to the
Private Offset Account above-indicated dollar-for-dollar and transferring the obligation by TT&L or presentment to:

Janet Louise Yellen (“Secretary”)


Secretary of the Treasury
U.S. Department of the Treasury
1500 Pennsylvania Avenue, N.W.
Washington, D.C. 20220

PRIVATE OFFSET ACCOUNT. The PAYEE shall by the end of business on the day of presentment and in any case no later than one business day
thereafter post the full or partial value of this bond to satisfy, set-off, pay, terminate, and discharge dollar-for-dollar in accord with generally accepted
accounting principles any and all past, present, and/or future debts, liabilities, encumbrances, deficiencies, deficits, liens, charges, fees, interest, bills, true
bills, taxes, obligations of contract and/or performance, instruments of debt, and all other obligations (jointly and severally “Liabilities”) attributed to the
Account Holders and Accounts above-noted.
AMOUNT DUE: PAYEE enter the amount due below

$ .
MATURITY. Upon demand, the Secretary shall release the obligation dollar-for-dollar to the extent so paid, with the balance of the bond remaining in
full force and effect. Upon satisfaction of this obligation in full, the Secretary shall mark this bond canceled and return it bearing the marks of
cancellation to the Principal or the Principal’s heirs by registered mail, all profits and proceeds accruing since presentment to remain with the Secretary
for the benefit and use of the United States Department of the Treasury.

IN WITNESS WHEREOF, the Signatory to this bond does hereby affix his respective hand and seal on this Second day of the Eighth month in the year
Two Thousand and Ten. By: ____________________________________________ seal
Phillip Courtney Gregory, Principal/Underwriter
Exemption ID # 341540437
in care of: 11125 Park Boulevard, Suite 216 Seminole,
Florida republic state, Non-domestic to the US

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