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Tom Leatherwood, Shelby County Register of Deeds: Instr. # 15054165 2 01506492 7. The full assignment of a Mortgage or Deed of Trust upon payment and discharge of all sums secured thereby in conjunction with the refinancing thereof, including, without limitation, the assignment of the related Mortgage Note. 8. With respect to a Mortgage or Deed of Trust, the foreclosure, the taking of a deed in lieu of foreclosure, or the completion of judicial or non judicial foreclosure or termination, cancellation or rescission of any such foreclosure, including, without limitation, any and all of the following acts: (a) The substitution of trustee(s) serving under a Deed of Trust, in accordance with state law and the Deed of Trust; (b) The preparation and issuance of statements of breach or non - performance; (c) The preparation and filing of notices of default and/or notices of sale; (d) The cancellation /rescission of notices of default and /or notices of sale; (e) The taking of deed in lieu of foreclosure; and (f) The preparation and execution of such other documents and performance of such other actions as may be necessary under the terms of the Mortgage, Deed of Trust or state law to expeditiously complete said transactions in Sections 8(a) through 8(e) above. 9. With respect to the sale of property acquired through a foreclosure or deed -in lieu of foreclosure, including, without limitation, the execution of the following documentation: (a) Listing agreements; (b) Purchase and sale agreements; (c) Grant/warranty /quit claim deeds or any other deed causing the transfer of title of the property to a party contracted to purchase same; (d) Escrow instructions; and (e) Any and all documents necessary to effect the transfer of property. 10. The modification or amendment of escrow agreements established for repairs to the mortgaged property or reserves for replacement of personal property. 11. The taking of possession of and endorsement and collection of any checks, drafts, notes, acceptances or other instruments for the payment of moneys due under any mortgage insurance or with respect to any Mortgage Note and to file any claim or to take any other action or proceeding in any court of law or equity or otherwise deemed appropriate by Transferee for the purpose of collecting any and all such moneys due under any such mortgage insurance or with respect to any Mortgage Note, Mortgage or Deed of Trust whenever payable. 12. The correction and cure of any Mortgage, Deed of Trust, Mortgage Note, or Other Loan Documents that is deficient, incomplete or incorrect. 13. The taking of all other necessary and appropriate actions in connection with the foregoing. 2