The Note and the Trust Deed had been married for years.
The union was good, with very few tears.
They were always together, going hither and yon.
But early one morning, the Trust Deed was gone.
Note searched for her lover, nearly out of her mind,
Her worst fears were confirmed – Trust Deed was assigned.
Unwilling to stop, she asked clerks far and wide,
“Have you seen my Trust Deed? He must be inside!”
But recorders responded, “Have you not heard of MERS?
We no longer record – we haven’t for years.”
“The best you can hope for,” friends told the Note,
“Is to check with the Registry – it’s your last and best hope.”
Then she remembered, with rising alarm,
Those 18 small numbers, tattooed on Deed’s arm.
So she rushed to the Registry, and entered the MIN.
With hope against hope, she’d see Trust Deed again.
When MERS finally replied, a cold day in December,
She learned Deed was assigned – but not to a member!
“Oh, what shall I do,” the Note softly cried,
“MERS took my dear Deed, but left me outside.”
The months turned to years, then one day through fate,
She saw him by chance – her wayward soul mate.
Trust Deed looked terrible, he’d developed a paunch,
Seems he’d wasted away, in some low level tranche.
“Oh Trust Deed, my Trust Deed, return home to me.
Wherever I go, is where you must be.”
But Trust Deed responded, holding Note oh so tight,
“Dear, the law says once split, we can never unite.”
Now lawyers will argue, with logic askew,
That MERS didn’t cause the split of these two.
“We’re only strawmen, why can’t you see?
All of our actions were as ‘Nominees.’”
But truth is the truth, it cannot be denied,
MERS is the reason, they’re not side-by-side.
