Which of the following statements does NOT affect an instrument's negotiability?

A) A draft that says: "Pay to the order of Sue Smith once she repairs my computer."
B) An instrument that says: "This confirms my $1,000 debt to Sue Smith."
C) A note that says: "Payment is conditional upon the terms of the mortgage between the parties dated June 1,2000."
D) A notes that says: "This note is secured by the property described in the parties' mortgage of June 1,2000."

Negotiability

Negotiability refers to the quality of a financial instrument that enables it to be transferred from one party to another in exchange for money or as payment.

Conditional Payment

A payment that is due only upon the occurrence of a specific event or satisfaction of a particular condition.

Mortgage

An agreement in which a bank or lender provides funds to a borrower at a certain interest rate, securing the loan by temporarily taking ownership of the borrower's property. This ownership is transferred back to the borrower once the loan is fully repaid.