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.... .. - JJ..J ~ 4. The completion of loan 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 ofthe related Mortgage Note. 6. The assignment of any Mortgage or Deed of Trust and the related Mortgage Note, in connection with the repurchase of the mortgage loan secured and evidenced thereby. 200803916 7. The full assignment of a Mortgage or Deed of Trust upon payment and discharge of all sums secured thereby in conjunction with the refinancing thereof, including, without limitation, the assignment of the related Mortgage Note. 8. With respect to a Mortgage or Deed of Trust, the foreclosure, the taking of a deed in I ieu of foreclosure, or the completion of judicial or non-judicial foreclosure or termination, cancellation or rescission of any such foreclosure, including, without limitation, any and all ofthe following acts: (a) the substitution oftrustee(s) serving under a Deed of Trust, in accordance with state law and the Deed of Trust; (b) the preparation and issuance of statements of breach or non-performance; (c) the preparation and filing of notices of default and/or notices of sale; (d) the cancellation/rescission of notices of default and/or notices of sale; (e) the taking of a deed in lieu of foreclosure; and (f) the preparation and execution of such other documents and performance of such other actions as may be necessary under the terms of the Mortgage, Deed of Trust or state law to expeditiously complete said transactions in paragraphs 8(a) through 8(e), above. Notwithstanding anything contained herein to the contrary, this Limited Power of Attorney does not authorize Wilshire Credit Corporation as Servicer, without further specific written consent from Trustee, to (i)hire or procure counsel to represent the Trustee in litigation matters other than to enforce or protect the Trustee's interest in Mortgage Loans, Mortgaged Properties and/or REO Property; or (ii) prepare, execute or deliver any government filings, forms, permits, registrations or other documents which have the effect of causing the Trustee to be registered to do business in any state. The undersigned gives said Attorney-in-Fact full power and authority to execute such instruments and to do and perform all and every act and thing necessary and proper to carry into effect the power or powers granted by or under this Limited Power of Attorney as fully as the undersigned might or could do, and hereby does ratify and confirm to all that said Attorney-in- Fact shall lawfully do or cause to be done by authority hereof. Third parties without actual notice may rely upon the exercise of the power granted under this Limited Power of attorney; and may be satisfied that this Limited Power of Attorney shall continue in full force and effect and has not been revoked unless an instrument of revocation has been made in writing by the undersigned. Pool 1502 - MLMI HE-l