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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, reconveyances, assignments, loan
<br />modification agreements, payment plans, waivers, consents, amendments, forbearance
<br />agreements, loan assumption agreements, subordination agreements, property adjustment
<br />agreements, management agreements, listing agreements, purchase and sale agreements,
<br />short sale transactions and other instruments pertaining to mortgages or deeds of trust, and
<br />execution of deeds and associated instruments, if any, conveying the Property, in the
<br />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 PMI
<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 or other security instrument to
<br />secure debt (i) for the purpose of refinancing Loans, where applicable, or (ii) to an
<br />easement in favor of a public utility company or a government agency or unit with powers
<br />of eminent domain, including but not limited to the execution of partial satisfactions and
<br />releases and partial reconveyances reasonably required for such purpose, and the execution
<br />or requests to the trustees to 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 any documentation with respect to the sale, maintenance, preservation,
<br />renovation, repair, demolition or other disposition, of REO Property acquired through a
<br />foreclosure or deed -in -lieu of foreclosure, including, without limitation: permits,
<br />remediation plans or agreements, certifications, compliance certificates, health and safety
<br />certifications, listing agreements; purchase and sale agreements; grant / limited or special
<br />warranty / quit claim deeds or any other deed, but not general warranty deeds, causing the
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