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LIMITED POWER OF ATTORNEY 200407787 <br />Know all men by these presents that the United States Department of Housing and Urban Development (HUD), an agency of the United States <br />of America, does hereby make, constitute, and appoint Kelly Oswald, Brendan Kennedy, Tracy Duncan, Edna C. Smith, Margaret Moorman, <br />Michele Struckman, John McDuffee or Richard Watts of First Preston Management, Inc., 5040 Addison Circle, Suite 300, Dallas, Texas 75001, <br />(Contractor) as its true and lawful attorneys -in -fact to act in the name, place, and stead of HUD for the purposes set forth below: <br />To sell and convey for cash or credit, real properties located in the states of Colorado, New Mexico, South Dakota, Texas, Utah, Wyoming, <br />Montana, North Dakota, Minnesota, Wisconsin, Iowa and Nebraska; to execute, acknowledge, seal, and deliver any agreements of sale, special <br />warranty deeds, HUD -1 closing statements, and any other instrument that may be essential or required for the proper conveyance of such property; to <br />receive on behalf of the HUD checks or cash in connection with the sale of such properties; to negotiate, make, execute, sign, seal, acknowledge, <br />and deliver in the name of HUD as lessor leases of such properties and collect rents on such properties. <br />The rights, powers, and authority of the attorneys -in -fact granted in this instrument shall commence and be in full force and effect on the date <br />hereof and such rights, powers, and authority shall remain in full force and effect until 11:59 p.m., Washington, D.C. time, on December 31, 2004 <br />(the "Termination Date ") unless otherwise terminated in writing by the execution and delivery of an instrument revoking the authority hereby granted <br />(the "Revocation "). <br />Any third party may rely upon this document as evidence of Contractor's authority to continue to exercise the powers granted herein until the <br />Termination Date, unless a Revocation has been recorded in the public records of the county where the property is located, or unless such third party <br />has actual notice of the Revocation. <br />Executed this 2 G t -d y of Lc 12004. <br />UNITED STATES DEPARTMENT OF <br />HOUSING AND URBAN DEVELOPS <br />(:QC6r\a <br />Ron Bailey, Director <br />Denver Single Family Homeownership Center <br />Signe the presence of <br />STATE OF COLORADO <br />CITY AND COUNTY OF DENVER <br />k <br />This 2 O day , 2004, personally came before me Ron Bailey, to me known personally, who <br />being duly sworn, says that he is Director Denver Ingle Family Homeownership Center of the United States Department of Housing and Urban <br />Development (HUD), said writing was ed by him on behalf of HUD by its authority duly given, and he acknowledged the said writing to be the <br />act and deed of HUD. <br />Witness my hand and official seal this 2 o d of (,�- 12004. <br />AFTER RECORDING <br />RETURN TO: <br />First Preston Management, Inc. <br />Attn: Jana Johnson <br />5040 Addison Circle, Suite 300 <br />Addison, Texas 75001 <br />Notary is <br />My Commission <br />- �:- -- - on Expires <br />�. WEILHACH <br />