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m cr ae K; <br />n <br />T A p C~ N CL <br />N - � <br />n A 3 r s <br />ppp r > m <br />C <br />200306448 <br />LIMITED POWER OF ATTORNEY <br />This Limited Power of Attorney is executed as of the dale set forth below by HSBC <br />Mortgage Corporation (USA), a Delaware Corporation having an office at 2929 Walden Avenue, <br />Depew, New York 14043 ( "Servicer") appointing as attomey -in -fact <br />American Release Corporation, a Missouri Corporation having an office at 95 Kimberling City <br />Center Lane, Suite D, Kimberling City, MO 65686 ( "A.R.0 "). <br />RECITALS <br />A. Servicer and A.R.C. have entered into an Agreement dated May 1, 2003 pursuant <br />to which A.R.C. prepares, records and tracks assignments and releases of mortgages on behalf of <br />Servicer (the "Agreement "). <br />B. in connection with the performance of such functions, Servicer wishes to <br />empower A.R.C. to execute certain documents on Servicer's behalf as further described herein. <br />C. This appointment of A.R.C. as attorney -in -fact for Servicer shall apply to the <br />following enumerated transactions only: <br />1. 'I he assignment of any Mortgage or Deed of Trust and the related Mortgage Note, <br />in connection with the purchase or repurchase of the Mortgage Loan secured and evidenced <br />thereby. <br />2. The full satisfaction/release of a Mortgage or Deed of'I' rust or full reconveyanee <br />upon payment mud discharge of all sums secured thereby, including, without limitation, <br />cancellation of the related Mortgage Note. <br />3. The full assignment of a Mortgage or Decd of 11vst upon payment and discharge <br />of all sums secured thereby in connection with the refinancing thereof, including without <br />limitation, the assignment of the related Mortgage Note. <br />D. The undersigned gives its attomey -in -fact fill power and authority to execute <br />such instruments and to do and perform every act necessary and proper to carry into effect the <br />powers granted by this Limited Power of Attorney, each subject to the terms and conditions set <br />forth in the Agreement and in accordance with the standard of care applicable to servicers. <br />E. Any third party without actual notice of fact to the contrary may rely upon the <br />exercise of the power panted by this Limited Power of Attorney and may be satisfied that this <br />