201301486 - Laserfiche WebLink

Browse

N co Prepared by: Mikel K. Anderson, OBA 12195, US Dept. of HUD, Oklahoma City Field Office, 301 N.W. 6 St., Ste. 200, Oklahoma City, OK 73102 -2807 405- 609 -8430 Return by mail to: 6 it) i/ DEVAL LLC, Westpoint I, 1255 Corporate Drive., Ste. 300, Irving, TX 75038 GRANTOR: SECRETARY OF HOUSING AND URBAN DEVELOPMENT GRANTEE: DEVAL LLC LIMITED POWER OF ATTORNEY Know all men by these presents that the Secretary of Housing and Urban Development's (the "Secretary ") , 451 7 Street S.W., Washington, DC 20410 by and through the Federal Housing Commissioner, constitutes and appoints DEVAL LLC, a limited liability company organized and existing under the laws of Delaware, (the "Contractor ") as a true and lawful Attorney -in -Fact, to act in the name and stead of the Secretary for the purposes set out below: To execute, acknowledge, seal and deliver any and all instruments that may be essential or required.: 1. To effectuate the full or partial release, discharge, satisfaction or cancellation as a valid lien or encumbrance of record of any and all real property security instruments of whatever type held by the Secretary and serviced by the Contractor; 2. To complete the process of subordinating, modifying or extending security instruments; 3. To complete and' properly record proofs of claim and reaffirmation agreements or other documents as appropriate in bankruptcy cases; 4. To effectuate forbearance agreements with borrowers; 5. To properly document the status of borrowers' accounts or disbursement records, including, but not limited to statements of account and/or other affidavits or certificates as required by applicable law; 6. To properly process and disburse casualty insurance proceeds; 7. To report matters to the I.R.S. and issue Forms 1099 and other reports as required; 8. To effectuate the release of a borrower from personal liability under a security instrument following an approved transfer of ownership of the security property; 1 U 0--1 rn r n C7 '<O tv c> -r1 CP z rn CO The rights, powers and authority of the attorney -in -fact granted in this instrument shall commence and be in full force and effect on the date hereof. Such rights, powers and authority shall remain in full force until revoked by the grantor by the execution and delivery of a written instrument, or at 12:00 midnight Central Time on November 16, 2016, whichever comes first. 0