Self created liens to protect free and clear RE?

[Andrew K.]

There is a thread in another BP forum debating the merits of keeping your RE mortgaged in order to make the asset seizure less desirable in the event of a lawsuit.  

Assuming that is a strategy you want to pursue, Would it be possible to record a note on your free and clear property for 100% of the market value that has another entity you control as the owner of the note?  In this scenario you are not paying on the note and no money was actually loaned.  It's existence is merely to encumber your RE to protect it from seizure.  Am I suggesting something totally illegal?