Abstract: A computer system for monitoring and enhancing the collateral security underlying a set of loans is provided, including a system for calculating the unsecured value of the set at any time and for initiating additional collateral enhancement instruments when the unsecured value exceeds a certain limit. The system may include a variety of modules in communication with a relational database for storing data about the loans and system elements. The computer system may also be configured to allocate, manage, and execute the waterfall or cascade of funds between and among the various participants in a financial plan. The invention also includes a structured finance plan and related methods for enhancing the collateral security of a loan obtained for a life insurance or annuity product, and a system and method for managing a portfolio of such loans in order to obtain favorable financing and to facilitate securitization.

Abstract: An apparatus for the automated processing of bulk mail in a continuous and automatic procedure includes an operative combination of processing stations including an input station for receiving incoming mail in bulk fashion and for separating the pieces of mail for individual delivery to the remainder of the apparatus; a station for detecting irregularities in the contents of the envelopes, such as metal items, folded contents, or oversized items; a station for out-sorting envelopes rejected in accordance with determinations made at the detection station; a station for opening the envelopes, preferably along multiple edges; a station for removing the contents from the opened envelopes, for subsequent processing of the contents; and a series of stations for handling, imaging and orienting the contents for subsequent delivery to a plurality of output stackers.

Abstract: A method and apparatus for processing mail is provided. The mail is serially fed from a stack of mail into a system transport. The system transport conveys the mail to an imaging station, which scans the mail to obtain image data corresponding to at least a portion of each piece. From the imaging station, the mail is conveyed to a buffer, which selectively maintains the mail while the address printed on the mail is determined. After the address for a piece of mail is determined, the piece is conveyed out of the buffer to a printer, which prints a POSTNET barcode onto the piece. The POSTNET barcode corresponds to the address that was determined for the piece. Optionally, the apparatus may include a labeler for applying a blank label onto the mail, and the POSTNET barcode can then be printed onto the label after it is applied to the mail. After the POSTNET barcode is printed on a piece, it is conveyed past a verifier, which scans the printed POSTNET barcode to ensure that the barcode was printed properly.

Abstract: A method and apparatus for processing mail is provided. A stack of mail is placed in an input bin in a feeder module. A feeder serially feeds the envelopes into a transport path. The envelopes are then examined to determine if the contents are qualified for extraction. Envelopes that are qualified for extraction are opened in a cutting module and then conveyed to an extraction module to extract the contents from the envelopes. The contents may then be scanned and reoriented as desired so that the contents are in a pre-determined orientation. The contents are then sorted into a stacker.

Abstract: A water sprinkler for irrigating lawn and garden areas has two axes of movement, one transverse to the other. A barrel moves or oscillates on one horizontal axis to direct water spray from nozzles carried on the barrel across the length of the area, and the nozzle outlets also simultaneously move or oscillate on axes transverse to the barrel axis to spray water across the width of the area. As the nozzle outlets move or oscillate in the two transverse directions, the ground area is irrigated uniformly over time by application of water in a criss-cross pattern. The area sprayed can be surprisingly large compared with single-axis oscillators, or the area may be limited to a single row or a narrow rectangular area, by adjustment of the barrel and outlet movement and/or the water pressure.

Abstract: A method and apparatus for processing mail is provided. Mail is placed into an input bin having a conveyor that conveys the mail towards a feeder. The feeder serially feeds the envelopes by engaging the lead envelope in the stack of mail and displacing the lead envelope transverse the stack of mail. The mail is then cut on a side edge and the top edge to cut open each envelope. A transport conveys the cut envelopes to an extractor. The extractor opens the edge-severed mail and presents the contents of the envelopes to an operator who manually extracts the contents. The operator drops the extracted contents onto a conveyor that conveys the contents to an imaging station. The contents are automatically separated and imaged to obtain image data for the contents. The contents are then sorted into a plurality of output bins.

Abstract: A mail processor and a method for processing mail is provided. The mail processor severs envelopes along one or more edges and transports the envelopes to a work desk where an operator removes contents from the envelopes. A feeder draws envelopes from the bottom of a stack of mail placed in a hopper. The envelopes are serially fed by the feeder to a cutting assembly that severs each envelope along one or more edges. A transport assembly tilts each envelope in an inclined plane and presents the tilted envelope to an operator. An extractor opens the severed faces of the envelope to expose the contents to the operator and permit the operator to remove the contents from the envelope. In one embodiment of the invention, the envelope is discharged from the extractor to a verifier that confirms that the envelope is empty prior to disposal of the envelope.

Abstract: A method and apparatus for processing mail is provided. Mail is placed into an input bin having a conveyor that conveys the mail towards a feeder. The feeder serially feeds the envelopes by engaging the lead envelope in the stack of mail and displacing the lead envelope transverse the stack of mail. The mail is then cut on a side edge and the top edge to cut open each envelope. A transport conveys the cut envelopes to an extractor. The extractor opens the edge-severed mail and presents the contents of the envelopes to an operator who manually extracts the contents. The operator drops the extracted contents onto a conveyor that conveys the contents to an imaging station. The contents are automatically separated and imaged to obtain image data for the contents. The contents are then sorted into a plurality of output bins.

Abstract: Apparatus for producing an indication of the value of an unknown capacitance or inductance, which employs a variable frequency oscillator producing a sinusoidal output which is fed through a resonant circuit comprising a reactive circuit element of known value selected to attain resonance with the unknown reactor within the oscillator frequency range. A phase detector measures the phase shift between oscillator output voltage and output current, and its direction and supplies a phase shift signal specifying this information to a controller which supplies a frequency control signal to the oscillator. The controller varies the frequency control signal responsive to the phase shift signal to eventually reduce phase shift to 0.degree. or other predetermined value indicating the resonance condition in the circuit.

Abstract: Sulfur isotopes are continuously separated and enriched using a closed loop reflux system wherein sulfur dioxide (SO.sub.2) is reacted with sodium hydroxide (NaOH) or the like to form sodium hydrogen sulfite (NaHSO.sub.3). Heavier sulfur isotopes are preferentially attracted to the NaHSO.sub.3, and subsequently reacted with sulfuric acid (H.sub.2 SO.sub.4) forming sodium hydrogen sulfate (NaHSO.sub.4) and SO.sub.2 gas which contains increased concentrations of the heavier sulfur isotopes. This heavy isotope enriched SO.sub.2 gas is subsequently separated and the NaHSO.sub.4 is reacted with NaOH to form sodium sulfate (Na.sub.2 SO.sub.4) which is subsequently decomposed in an electrodialysis unit to form the NaOH and H.sub.2 SO.sub.4 components which are used in the aforesaid reactions thereby effecting sulfur isotope separation and enrichment without objectionable loss of feed materials.