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~ ...........:) ;;0 ~',;~ (') (J) m <=> 0 -.. <::T> "'I'l en ~I cJ> c: ::J: r-' =3 :z -, n z ~~ = -l 01 """ 0 =:0 -< 0 Rctum to: ...... ~ ~ cD. m 0 "'"'ll N n 0 -...1 .,., .-.. ] Cenlar ::J: "Tl <'- <S ~ t ::::c 01 <S , 425 Phillips Blvd. _1 CJ ;p.- ro 0') <..J\ P'"' ::D I' ::u s ] P.O. Box 77414 rn ::3 r p. ....... ". CJ (f) <0 ~ c.n ~ CJ) 1 "~~~nJg&t;J~~~21~ ........ ;:>'I: 01 )> '-" ......... Att: ......"o?l.1.~,(,c.Jl t:: \ ~~ t'13:~~, "" 4,-,.-,.~. c...:> 0:> (f) en r- d>"A>:IJ [~~~ ~,,4m ~-~::s :~ .:==: "tI ~ " / ~ 6""" ~ 2 0 0 6 0 1965 LIMITED POWER OF A TTORNH c KecUY) ~lt<-c.;T KNOW ALL MEN BY THESE PRESENTS, that The Bank of New York, a New York banking corporation organized and existing under the laws of the State of New York and having its principal place of business at 101 Barclay Street, New York, New York 10286 as Trustee (the "Trustee") pursuant to that Pooling and Servicing Agreement, dated as of March I, 2001 (the "Pooling Agreement"), by and among the 'Trustee,) and New South Federal Savings Bank, as seller and master' servicer (the "Transferor" or the "Master Servicer", as applicable) ("New South IJomeEquity Asset Backed certitlcates, Series 2001-1"), hereby constitutes and appoints the Master Servicer, by and through the Master Servicer's officers, the Trustee's true and lawful Attorney-in-Fact, in the Trustee's name, place and stead and for the Trustee's benefit, in connection with all Mortgage Loans serviced by the Master Servicer pursuant to the Pooling and Servicing Agreement for the purpose of performing all acts and executing all documents in the name of the Trustee as may be customarily and reasonably necessary and appropriate to effectuate the following enumerated transactions in respect of any of the mortgages or deeds of trust (the "Mortgages" and the "Deeds of Trust" respectively) and promissory notes secured thereby (the "Mortgage Notes") for which the undersigned is acting as Trustee on behalf of the Ne\v South IIome liquity Asset Backed Ceriificates, Series 200 I-I (whether the undersigned is name therein as mortgagee or beneficiary or has become mortgagee by virtue of endorsement of the Mortgage Note secured by any such Mortgage or Deed of Trust) and for which the Master Servicer is acting as servicer, all subject to the terms of the Pooling and Servicing Agreement. This appointment shall apply to the following enumerated transactions only: 1. The modification or re-recording of a Mortgage, Deed of Trust or Assignment thereof where said modification or re-recording is for the purpose of correcting the Mortgage, Deed of Trust or Assignment to conform same to the original intent of the parties thereto or to correct title errors discovered after such title insurance was issued and said modification or re-recording, in either instance, does not adversely affect the lien of the Mortgage or Deed of Trust as insured. 2. The subordination of the lien of a Mortgage or Deed of Trust to an easement in favor of a public utility company of a United States governmental agency or unit with powers of eminent domain; this section shall include, without limitation, the execution of partial satisfactions/releases, partial reconveyances or the execution or requests to trustee to accomplish same. 3. The conveyance of the properties to the mortgage insurer, or the closing of the title to the property to be acquired as real estate owned, or conveyance of title to real estate owned. 4. The completion ofloan assumption agreements. 5. The full satisfaction/release of a Mortgage or Deed of Trust or full conveyance upon payment and discharge of all sums secured thereby, including, without limitation, cancellation of the related Mortgage Note. 6. The assignment of any Mortgage or Deed of Trust and the related Mortgage Note, in connection with repurchase of the mortgage loan secured and evidenced thereby. ~~ c:>[ ~c: ~ ~ /5'00