Sign your Nature, or your signature, is legally known as an ENDORSEMENT and has the Magic ability to influence your RIGHTS while you exchange VALUE in everyday life.

From mortgages, to promissory notes, contracts to personal bank loans, and from credit cards to traffic tickets the way in which you use a MAGIC phrases, or MAGIC LANGUAGE, will greatly influence the outcome of your manifested intentions. 

MENTAL MATH MAGIC

FOR USE WITH NEGOTIABLE INSTRUMENTS

Indorsements  (E)ndorsements
indorsement, n. (16c) 1. The placing of a signature, sometimes with an additional notation, on the back of a negotiable instrument to transfer or guarantee the instrument or to acknowledge payment. 2.The signature of notation itself.
{and here is where the magic comes in}

"The clever indorser can subscribe his or her name under a variety of magic phrases. The code (uniform commercial code) specifies the legal effect of some of these phrases. Qualified indorsement (special) ("without recourse") limit the liability of the indorser if the instrument is dishonored. Restrictive indorsements such as "for deposit only," "pay any bank" and the like set the terms for further negotiation of the instrument. Their main purpose is to prevent thieves and embezzlers from cashing checks.

Types

Anomalous Indorsement

Blank indorsement

Restrictive Indorsement

Special Indorsement

Anomalous Indorsements

Understanding "anomalous indorsements" requires you to remember that indorsements have dual functions in Article 3 of the Uniform Commercial Code (U.C.C) 
First they are typically a part of the process of transferring and negotiating -negotiable instruments from one person or entity to another. 
Second, the person or entity who endorses an instrument typically becomes liable on the instrument if it is not paid.

Blank Indorsements

You have probably cashed a check or deposited it in your account at your bank. (When you did, you transferred and negotiated the check.) In connection with that transaction, you probably signed your name on the bac of the check. Your signature on the back of the check was an "indorsement." UCC 3-204 (a). If you just signed your name, your indorsement is further clasified as a "blank indorsement." UCC 3-206(a).
The effect of a blank indorsement on an instrument is to make the instrument payable "to bearer." id When you indorse a check in blank by simply signing your name on the back, anyone who subsequently gets physical possession of the check becomes a holder of the check. If the check was already payable to bearer (e.g. if it was payable to "cash") your indorsement doesn't change the check's status a s a bearer instrument. However, if the check was originally payable to you (or more precisely, "to your order"), your blank indorsement converts the check from being payable to an identified person to being payable to bearer. 

Restrictive Indorsements

Blank an special endorsements are the most common classifications of endorsement, but Article 3 (U.C.C) recognizes other special categories. The one you are most likely to have seen is the "restrictive endorsement." If you add the words "for deposit" or "for collection" to your endorsement, the bank will face potential liability for conversion  if you don't get the money represented by that check. U.C.C 3-206(b). (Conversion is a tort with particular application in the negotiable instrument context; ) This means that a bank usually wont cash a check with a special endorsement and will typically require that you deposit any specially endorsed check into your account. Using a special endorsement is a good idea for checks that you plan to deposit in your account. 

Special Indorsements

An indorsement can convert an instrument payable to bearer into an instrument payable to an identified person. This type of indorsement is a "special endorsement" defined in U.C.C. section 3-205. If you are in possession of an instrument check payable to bearer (either because it was originally issued that way of because it was validly indorsed in blank), you can make it payable to an identified person by writing "pay to (JOHN DOE-whomever your trying to pay)" on the back and signing your name. (Note that the magic words "to the order of " are not required for endorsements, as they are for the designation of the original payee.) After you specially endorse the instrument, only JOHN DOE can be a holder of it (if JOHN DOE subsequently indorses the check in blank, it will be converted back into a bearer instrument, so that anyone in possession may be a holder. On the other hand, if John Doe puts a special indorsement on the check, only the person identified in that special indorsement can be a holder (and that person will also have to get possession or further indorse the check in order for anyone else to be a holder).

Magic Phrases:
(From Black's legal Dictionary 9th edition)

FOR APPROPRIATE USE WITH MANY  LEGAL DOCUMENTS 

without prejudice
adv. (15c) Without loss of any rights; in a way that does not harm or cancel the legal rights or privileges of a party.
(FOR INSTANCE: THIS PLACED ABOVE YOUR SIGNATURE ACTING IN CAPACITY AS debtor-defendant-accused-secured party-creditor-accommodation party-maker-drawer-payor-)

without recourse 
(18c) (in an indorsement) without liability to subsequent holders. With this stipulation, one who endorses an instrument indicates that he or she has no further liability to any subsequent holder of repayment.
(FOR INSTANCE:THIS PLACED ON CERTAIN LEGAL/FINANCIAL DOCUMENTS )

for deposit only

pay any bank

pay to john doe when he becomes 18 years of age

pay erin ray in trust for kaitlin ray

for collection

 Indorsements (endorsements) and their USES ON CHECKS (AKA) NEGOTIABLE INSTRUMENTS (AKA) DRAFTS (AKA) BILLS OF EXCHANGE

1. Definition of indorsement
Note: This article should be used for information purposes only. Please consult your attorney or other professionals regarding specific applications of rules related to indorsements.
Indorsement (endorsement) is a signature on a negotiable document (e.g., check) which gives a right to use or fulfill the document (e.g., to cash, to deposit, to pay).

The person or entity who writes his/her name on an indorsed document is called an indorser, and the person to whom it is signed is called an indorsee.

2. Different kinds of indorsements There are different kinds of indorsements depending on whether there is additional information along the signature on a negotiable document. Let us look at the characteristics of different kinds of indorsements using check as an example. In this case the check is a negotiable document. Note that checks are indorsed by signing them and, optionally, putting additional words or language on their back side.

Blank or general indorsement is the simplest kind of indorsement. It only contains a signature of the indorser and does not indicate the indorsee. There are no additional words or language. That is why this indorsement is called a blank indorsement. See below for an example of such indorsement:

It is sufficient to have the indorser’s signature to cash or to deposit such a check. Thus, a correct blank indorsement makes a check cashable. On the other hand, it becomes a risky instrument because in the case of theft or loss, the check can be cashed by any person. It will not be a problem if you adhere to one simple rule: sign a check only before cashing it.

For example, if Marry Smith signs a check payable to her order with her name on the back of the check, the check becomes indorsed in blank. This check can be deposited in a bank account, transferred to another person, etc.

Restrictive indorsement, besides a signature of the indorser, has information about how to negotiate a check. For instance, a restriction such as “For Deposit Only” allows to deposit, but not to cash, a check. It is convenient and safe to use this type of indorsement if you mail the check. See below for an example of such indorsement:

For example, Marry Smith signs a check made payable to her order as “For Deposit to Account No. 12345678.” This indorsement will only allow depositing this check into the named bank account.

Special or full indorsement consists not only of a signature of the indorser but also words indicating to whom, or in whose order, the check is payable (i.e., indorsee). Nobody besides the indorsee can use or fulfill the check. That is why this type of indorsement is safer than a blank indorsement. See below for an example of such indorsement:

There may be one or more indorsees on a check with a special indorsement. In the case of multiple indorsees, one or all indorsees will need to sign the check to negotiate (e.g., transfer) it, depending on what relationship (and, or, or just commas) was used with the indorsees’ names when the check was initially indorsed (signed). All indorsees need to sign the check if their names are connected with an and. Either indorsee needs to sign the check if their names are connected with an or. In case the indorsees’ names are listed with commas it is assumed that an and was used and all indorsees need to sign the check to negotiate it.

For example, Marry Smith signs a check made payable to her order as “Pay to the Order of John Doe and Anna Vermont.” Both John and Anna will have to sign the beck if they want to deposit it in a bank account. On the other hand, if Marry signs the check as “Pay to the Order of John Doe or Anna Vermont,” then either John or Anna will have to sign the check to deposit it.



Conditional indorsement, besides a signature of the indorser, has information about an action that has to be done to negotiate this check. For instance, a condition such as “Payable to … (Indorsee’s Name) after the building is constructed” means that the indorsee will receive his/her money only after this condition is fulfilled. See below for an example of such indorsement:

It is important to note that this type of indorsement is not typically accepted by financial institutions because of impossibility to verify performance of the condition.

Qualified indorsement relieves the indorser from the liability of making a check good if the check maker defaults on it. Wording "Without Recourse" (along with the indorser’s signature) on the back of a check prevents it from returning to the indorser for any reasons. See below for an example of such indorsement:



Also note that this type of indorsement is not accepted by financial institutions because of the limitation of the indorser’s liability.

3. How to make an indorsement on a check Let us look at the steps that need to be taken to properly indorse a check:

1. Turn the check over.
   
   
2. Find an indorsement area which is a space between the two lines called ENDORSE HERE and DO NOT WRITE, STAMP OR SIGN BELOW THIS LINE.
   
   
3. Decide what type of indorsement is appropriate in your situation and write the corresponding words (refer to different kinds of indorsements above). Depending on your needs, it can be a combination of indorsements.
   
   
4. Put your signature. (endorsement)
   
   

The indorser should adhere to the following rules to help avoid potential problems with a check negotiation:

• Sign the name exactly as it is written on the front of the check.
  
  
• Be careful, do not hurry to sign a blank indorsement.
  
  
• When indorsing a business check write the following: Company, Your name, and Position in the company.