201206604 - Laserfiche WebLink

Browse

CFN # 109252468, OR BK 46992 Page 1953, Page 1 of 6, Recorded 04/05/2010 at 03:09 PM, Broward County Commission, Deputy Clerk 1033 When Recorded Mail To: Financial Dimensions, Inc. 1400 Lebanon Church Road 201206604 Pittsburgh, PA 15236 ~ 7Z?--7"-2 -9 6 7 LIIvI MD POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS, that Deutsche Bank Trust Company Americas, a New York banking corporation, incorporated and existing under the laws of the State of New York, and having its usual place of business at 1761 East St. Andrew Place, Santa Ana, California, 92705, as Indenture Trustee (the "Indenture Trustee") pursuant to those certain servicing agreements between, among others, the Indenture Trustee and Saxon Mortgage Services, Inc., as Servicer relating to the trusts referenced in Exhibit A attached hereto (each a "Servicing Agreement") hereby constitutes and appoints Ocwen Loan Servicing, LLC as Subservicer ( the "Subservicer'l pursuant to the Subservicing Agreement dated as of October 29, 2009, by and between Saxon Mortgage Services, Inc. and Ocwen Loan Servicing, LLC (the "Subservicing Agreement") (the Subservicing Agreement and the Servicing Agreements, collectively referred to herein as the "Aeements"), by and through the Subservicer's officers, the Indenture Trustee's true and lawful Attorney-in-Fact, in the Indenture Trustee's name, place and stead and for the Indenture Trustee's benefit, in connection with all mortgage loans serviced by the Subservicer pursuant to the Agreements solely for the purpose of performing such acts and executing such documents in the name of th e Indenture Trustee necessary and appropriate to effectuate the following enumerated transactions in respect of any of the mortgages, deeds of trust, or security deeds (the "Security Instrument") and promissory notes secured thereby (the "Mortgage Notes".) for which the undersigned is acting as Indenture Trustee for various holders under the respective Servicing Agreements (whether the undersigned is named therein as mortgagee or beneficiary or has become mortgagee by virtue of endorsement of the Mortgage Note secured by any such Security Instrument) and for which Ocwen Loan Servicing, LLC is acting as the Subservicer. This Appointment shall apply only to the following enumerated transactions and nothing herein or in the Agreement shall be construed to the contrary: 1. The modification or re-recording of a Security Instrument, where said modification or re- recording is solely for the purpose of correcting the Security Instrument to conform same to the original intent of the parties thereto or to correct title errors discovered after such title insurance was issued; r vided that (i) said modification or re-recording, in either instance, does not adversely affect the lien of the Security Instrument as insured and (ii) otherwise conforms to the provisions of the Agreements. 2. The subordination of the lien of a Security Instrument to an easement in favor of a public utility company of a government agency or unit with powers of eminent domain; this section shall include, without limitation, the execution of partial satisfactions/releases, partial reconveyances or the execution or requests to Indenture Trustee to accomplish same. 3. The conveyance of the properties to the mortgage insurer, or the closing of the title to the property to be acquired as real estate owned, or conveyance of title to real estate owned. 4. The completion of loan assumption agreements. 0