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200106500 Until a properly executed revocation of this Limited Power of Attorney is duly executed and delivered, all parties dealing with said attorney -in -fact (individually or collectively) in connection with the above described matters may fully rely upon the power and authority of said attorney -in -fact to act for and on behalf of the undersigned, and in its name, place and stead, and may accept and rely on all documents and agreements entered into by said attorne- in -fact pursuant to the powers listed herein. As between Owner and Servicer, this Limited Power of Attorney shall be effective as March 30, 2001 and shall remain in full force and effect thereafter until a written notice of revocation hereof shall have been executed by Owner. The expiration or revocation of the period of agency hereunder shall in no wise affect the validity of any actions of said Attorney -In -Fact during said period. This Limited Power of Attorney is not intended to modify or expand the rights and obligations of Servicer as set forth in the Servicing Agreement. Nothing in this Limited Power of Attorney shall be construed to prevent Owner from acting on its behalf as the owner of the Mortgage Loans. IN WITNESS WHEREOF, Owner has caused this Limited Power of Attorney to be signed and ecuted as it sea / hereto affixed in its name by its proper officer thereunto duly authorized on the 1�f day of r/ Witness State of I /y%drl Csa{t- ss L County of A n ems' Preferred Credit Corporation Preferred Mortgage Corporation T.A.R. Preferred Mortgage Corporation Preferred Mortgage SPC Funding Corp. By: Name: Title: On this, the 12t*' day of �� , 2001, before me, a Notary Public in and for said County and State, personally appeared, Rk6..c14 tree.^,.& personally known to me (or proved on the basis of satisfactory ' evidence) to be the person(s) whose name(s) is /are subscribed to the within instrument and acknowledged to me that he /she /they executed the same in his/her /their authorized capacity(ies), and that by his/her /their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. WITNESS my hand and official seal wit ota p ignature My Commission Expires on I(� `1.