Legal Question in Real Estate Law in Missouri

My ex-friend currently has in his possession a motorcycle that he is supposed to be purchasing from me. However, he has had the motorcycle for almost a year now and has made very few payments. The loan, title, and insurance are in my name only. He is listed as a driver of the motorcycle on the motorcycle insurance policy. Since he has not made his promised payments (we have no signed agreement) I have asked him several times to return the motorcycle to me. Each time ends in an arguement and he threatens me or to damage the motorcycle. I recently told him that I was going to court and try to get the motorcycle back. He said he would take the motorcycle and go to Mexico. I know he can do this as he used to live in Mexico and still has friends there. He is a natural born US citizen. I believe the motorcycle belongs to me as I never gave it to him. He said the motorcycle belongs to him because he has had it for so long and has paid storage fees for it. I am aware that I am legally obligated to pay for the motorcycle. I am also aware that this arrangement was incredibly stupid on my part. I would like to know what, if anything, I can do to legally protect myself in case the motorcycle is involved in an accident or possibly some sort of illegal activity. Any assistance you can give will be greatly appreciated as I have never dealt with the law in this capacity before and have no idea where to go from here. I live in Missouri and the motorcycle is titled in Missouri. However, my ex-friend said that he has the motorcycle in Texas. He sometimes stays with friends in Arkansas and sometimes stays with his mother in Missouri. All payments on the motorcycle as well as insurance payments are up to date and have been made with my own money except for the few payments he has reimbursed me for.

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