Recordation of Unsecured Promissory Note
Can you please tell me if a Promissory Note can be recorded at county recorder’s ofc? I understand a promissory is a ”written unsecured note promising to pay a specified amount of money on demand, transferable to a 3rd party.” 1) Is there any legal ruling I can read, a bill or citation that explains an unsecured note can be recorded in some instances? Can you please share this info & inform me where I could find this language? I thought it was not done very often, but in some cases unsecured notes are recorded. 2) I understand it won’t offer the same protections as a secured note, but if I sent my quit claim to the recorder’s ofc to be recorded, along with a copy of the promissory note I received, could they record both items if I paid the fees? 3) Might someone do this, or an attorney might advise recording a note, just so it is known it exists on a particular mortgaged property? 4) Are there any other examples of where this might be helpful? 5) What if the property was in a Trust, would that be a reason that having the trustee record the promissory note might be helpful to alert the future successor trustee of the quit claim and Note? Please answer my questions as there are shades of information I’m hoping to understand.