Bad idea pard. :headshake
You can't sell "in-part" either because you don't have a clear title. Especially parts with VIN numbers on them. Don't know where you live, but in America that's called trafficking in stolen goods.
You might wanna re-think this one. :headscrat
let me get this straight,you took a loan to buy the bike,didnt make the payments,bank wants the bike back,you want to pull the motor and sell it ?umm,hello,its not yours to sell,thats why you dont have the title.Were i come from,thats stealing.........:headshake