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<br />2. Execute and/or file such documents and take such other action as is proper and necessary to
<br />defend the Trustee in litigation and to resolve any litigation where the Servicer has an
<br />obligation to defend the Trustee, including but not limited to dismissal, termination,
<br />cancellation, rescission and settlement.
<br />3. Transact business of any kind regarding the Loans, as the Trustee's act and deed, to
<br />contract for, purchase, receive and take possession and evidence of title in and to the
<br />Property and/or to secure payment of a promissory note or performance of any obligation or
<br />agreement relating thereto.
<br />4. Execute, complete, indorse or file bonds, notes, mortgages, deeds of trust and other
<br />contracts, agreements and instruments regarding the Borrowers and/or the Property,
<br />including but not limited to the execution of estoppel certificates, financing statements,
<br />continuation statements, releases, satisfactions, assignments, loan modification agreements,
<br />payment plans, waivers, consents, amendments, forbearance agreements, loan assumption
<br />agreements, subordination agreements, property adjustment agreements, management
<br />agreements, listing agreements, purchase and sale agreements and other instruments
<br />pertaining to mortgages or deeds of trust, and execution of deeds and associated
<br />instruments, if any, conveying the Property, in the interest of the Trustee.
<br />5. Endorse on behalf of the undersigned all checks, drafts and/or other negotiable instruments
<br />made payable to the undersigned.
<br />6. Execute any document or perform any act in connection with the administration of any PM'
<br />policy or LPMI policy, hazard or other insurance claim relative to the Loans or related
<br />Property.
<br />7. Execute any document or perform any act described in items (3), (4), and (5) in connection
<br />with the termination of any Trust as necessary to transfer ownership of the affected Loans
<br />to the entity (or its designee or assignee) possessing the right to obtain ownership of the
<br />Loans.
<br />8. Subordinate the lien of a mortgage, deed of trust, or deed to secure debt (i) for the purpose
<br />of refinancing Loans, where applicable, or (ii) to an easement in favor of a public utility
<br />company or a government agency or unit with powers of eminent domain, including but not
<br />limited to the execution of partial satisfactions and releases and partial reconveyances
<br />reasonably required for such purpose, and the execution or requests to the trustees to
<br />accomplish the same.
<br />9. Convey the Property to the mortgage insurer, or close the title to the Property to be acquired
<br />as real estate owned, or convey title to real estate owned property ( "REO Property ").
<br />10. Execute and deliver the following documentation with respect to the sale of REO Property
<br />acquired through a foreclosure or deed -in -lieu of foreclosure, including, without limitation:
<br />listing agreements; purchase and sale agreements; grant / limited or special warranty / quit
<br />claim deeds or any other deed, but not general warranty deeds, causing the transfer of title
<br />of the property to a party contracted to purchase same; escrow instructions; and any and all
<br />documents necessary to effect the transfer of REO Property.
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