|
<br />
<br />\S{
<br />
<br />V t- .-{v{ n -to:
<br />LITTON LOAN SERVICING LP
<br />4828 Loop Central Drive
<br />Houston, Texas 77081-2226
<br />
<br />
<br />200605143
<br />
<br />LIMITED POWER OF ATTORNEY
<br />
<br />Wells Fargo Bank, N.A. successor by merger to Wells Fargo Bank Minnesota, National Association, (the "Principal") (formerly
<br />known as Norwest Bank Minnesota, N.A.), in its capacity as trustee under that certain Servicing Agreement relating to Park
<br />Place Securities Inc Asset Backed Pass through Certificates, Series 2005-WLLI dated as of March 1, 2005 (the
<br />"Agreement") by and among Park Place Securities, Inc. as ("Depositor") and Litton Loan Servicing LP as ("Servicer") and
<br />Wells Fargo Bank, N.A. as (Trustee).
<br />
<br />hercby constitutes and appoints:
<br />
<br />LITTON LOAN SERVICING LP
<br />
<br />its true and lawful attorney-in-fact (the "Attorney-in-Fact"), acting by and through its officers and employees, with full authority
<br />and power to execute and deliver on behalf of Principal any and all of the following instruments to the extent consistent with the
<br />terms and conditions of the Agreement:
<br />
<br />(i) All documents with respect to residential mortgage loans serviced for Principal by said attorney-in-fact which are
<br />customarily and reasonably necessary and appropriate to the satisfaction, cancellation, or partial or full release of
<br />mortgages, deeds of trust or deeds to secure debt upon payment and dischargc of all sums secured thcreby; (Ii)
<br />Instruments appointing one or more substitute trustees to act in place of the trustees named in Deeds of Trust;
<br />(ill) Affidavits of debt, notice of default, declaration of default, notices of foreclosure, and all such contracts,
<br />agreements, deeds, and instruments as are appropriate to effect any sale, transfer or disposition ofreal property
<br />acquired through foreclosurc or otherwise. (iv) All other comparable instruments.
<br />
<br />This Limited Power of Attorney is effective as of the date below and shall remain in full force and effect until revoked in writing
<br />by the undersigned or termination of the Agreement, whichever is earlier.
<br />
<br />\' \ I::~;~;;...I~:,;,;:\ 1,/
<br />
<br />Dated: May 5,2005
<br />
<br />Wells Fargo Bank, N.A.,
<br />as Trustee under the Agreement
<br />
<br />'-':'_\-
<br />
<br />- .< ~ ,
<br />
<br />:~~s:'
<br />
<br />Attest:
<br />
<br />
<br />'. 'f.t,(~>/ (: ,';:;';:,:, "
<br />
<br />'./.
<br />
<br />"~ ,'1.11,0,
<br />
<br />. -~\ ~
<br />
<br />.."....... '
<br />'/ '
<br />':.;. .
<br />
<br />.";.: "
<br />, , ~"M
<br />~; ~~
<br />
<br />. .......
<br />
<br />. ,.:~::'._-
<br />
<br />
<br />Unofficial Witnesses:
<br />
<br />~M
<br />
<br />
<br />,.,,~'
<br />"..[..;L.
<br />
<br />Dolores Branch
<br />
<br />STATE OF MARYLAND
<br />COUNTY OF HOWARD
<br />
<br />ss;
<br />
<br />On the 5th day of May, 2005 before me, a Notary Public in and for said State, personally appeared Reid Denny,
<br />known to me to be Vice President of Wells Fargo Bank, N.A., and also known to me to be the person who executed this Power of
<br />Attorney on behalf of said bank, and acknowledged to me that such bank executed this Power of Attorney.
<br />
<br />IN WITNESS WHEREOF, I havc hereunto set my hand and affixed my office seal the day and year written above,
<br />
<br />~~)(Ji~
<br />
<br />Notary Public: Kathleen A. Dean
<br />My commission expires 2/112009
<br />
<br />
|