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<br /> � and authority of said attorney-in-fact to act for and on b�half of the undersign�ed,and in�ts
<br />. •>� . name,place and stead, and may eccept and rely on all documents and agreements entered R-.—-
<br />- ` . � into by said ariorney-in-fact pursuant to Zhe powers listed herein, �
<br /> As between Owner and Servicer, thia Limited Power of Attorney shall be e�'ective
<br /> � as of Dceembcr 4, 1996 and shall romain in full f�rce and effect thereafter until a written
<br /> notice of revocstion hereof shaU have been executed by Owner. The �xpiration or
<br /> revocation of the period of agency hereunder shall in no wise a�'ect the validity of any _�
<br /> � . actions of said AttornCy-In-Fact during seid period. This Limited Power of Attomey is not _
<br /> intended to modify or expand the rights and obligations of Servicer as set forth in the _
<br /> . '`� Servicing A�recment.
<br /> : Nothing in this Limited Power of Attomey shall be construed to prevent Owner
<br /> � � from acting on its bthalf as the owner of the Mortgage Loana.
<br /> �� ' IN WITNESS WHEREOF, er has caused this Limitui Power of Attorney to
<br /> : 1�uS�iLSi ASZiS LVM�tP�gg�tg ge�.�l heret xed in its name by its proper offiGer thereunto
<br /> , duly authoriud on the�_day of
<br /> -��; ,
<br /> Preferred Mortgage Corporation
<br /> . . .
<br /> ,r•. . �y' • ,i' . .
<br /> � � W' ess •, � °, .: •' .
<br /> . :;,, � Name: Wal.ter Villaume :y
<br /> �.����v:�l - . '� , �
<br /> �:h4t�]�j� - ..._ -..� � ' .
<br />�•.�_-•= . Title: President
<br /> �:•...,,�;a• STATE OF CALIFORNIA
<br />;;" . ..,.
<br /> - Counry of KERN
<br />- • - On 12-22-96 beforeme THE LNDERSIGNEll personaiDyappeared
<br /> �. .'�. , WA1.TF.R VIL AUME. PRESIDENT _
<br /> � personaily known to me(or proved to me on the basis of satisfaccory evidence)to be the person(s)whose name(s)is/are
<br /> � subscribec!to the within instrument and acknowledged to me that he/shelthey exacuted the same iii his/her/their authorized
<br /> � capacity(ies), and that by this/her/their signature(s)on the instnunent the person(s),or the entity upon behulf of which
<br /> � the person(s)acted.executed the instrument. �;,
<br /> r Witness my hand and Notarial Sta1 tht day u►d yeu�bove written F°_
<br /> � � _
<br /> q. Nocary Signature
<br /> My Commission Expires ont�/,ll�,c.i�(��p/
<br /> •� BETN UWEHS
<br /> . _I Q c;arrrm��i 1os33ae �
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<br /> J �+\���N Go�rt► �lirn 2a 1999 �' [
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