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201705856 <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 <br />