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201206606
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Last modified
8/9/2012 3:28:09 PM
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8/9/2012 3:28:09 PM
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DEEDS
Inst Number
201206606
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20120660� <br />5. The full satisfaction/release of a Mortgage or Deed of Trust or full conveyance <br />upon payment and discharge of all sums secured thereby, including, without <br />limitation, cancellation of the related Mortgage Note. <br />6. The assignment of any Mortgage or Deed of Trust and the related Mortgage Note, <br />in connection with the repurchase of the mortgage loan secured and evidenced <br />thereby. <br />7. The full assignment of a Mortgage or Deed of Trust upon payment and discharge <br />of all sutns secured thereby in conjunction with the refinancing thereof, including, <br />without limitation, the assignment of the related Mortgage Note. <br />8. With respect to a Mortgage or Deed of Tnist, the foreclosure, the taking of a deed <br />in lieu of foreclosure, or the complerion of judicial or non judicial foreclosure or <br />ternunation, cancellation or rescission of any such foreclosure, including, without <br />limitation, any and all of the following acts: <br />a. the substitution of trustee(s) serving under a Deed of Trust, in accordance <br />with state law and the Deed of Trust; <br />b. the preparation and issuancc of statements of breach or non-performance; <br />c. the preparation and filing of notices of default and/or notices of sale; <br />d. the cancellation/rescission of notices of default and/or notices of sale; <br />e. the taking of deed in lieu of foreclosure; and <br />f. the preparation and execution of such other documents and perfoimance of <br />such other actions as may be necessary under the terms of the Mortgage, <br />Deed of Trust or state law to expeditiously complete said transactions in <br />paragraphs 8.a. through 8.e. above. <br />9. With respect to the sale of property acquired through a foreclosure or deed-in lieu <br />of foreclosure, including, without limitatioq the execution of the following <br />documentation: <br />a. listing agreements; <br />b. purchase and sale agreements; <br />c. grant/warranty/quit c(aim deeds or any other decd causing the transfer of <br />tifle of the property to a party contracted to purchase same; <br />d. escrow instructions; and <br />e. any and all documents necessary to effect the transfer of property. <br />10. The modification or amendment of escrow agreements established for repairs to <br />the mortgaged property or reserves for replacement of personal property. <br />2 <br />For intemal use only <br />Book25120/Page790 Page 2 of 5 <br />
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