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200806151
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Last modified
12/2/2008 10:17:49 AM
Creation date
7/17/2008 3:24:19 PM
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DEEDS
Inst Number
200806151
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<br />200806151 <br /> <br /> <br />'The' BA,N I( <br />(If' NEW YORK. <br /> <br />POWER OF ATTORNEY <br /> <br />KNOW ALL MEN BY THESE PRESENTS, that the undersigned, THE BANK OF NEW YORK, <br />having its main office at 101 Barclay Street, New York, New York 10286 (the "Bank"), hereby appoint Equity One, <br />Inc., to be the Bank's true and lawful Attorneys-in-Fact (the "Attorneys") to act in the name, and on behalf, of the <br />Bank with power to do only the following in connection with Mortgage Pass-Through Certificates, Series 2004-2, <br />on behalf of the Bank: <br /> <br />1. The modification or re-recording of a Mortgage or Deed of Trust, where said <br />modification or re-recordings is for the purpose of correcting the Mortgage or Deed of Trust to confonn same to the <br />original intent of the parties thereto or to correct title errors discovered after such title insurance was issued and said <br />modification or re-recording, in either instance, does not adversely affect the lien of the Mortgage or Deed of Trust <br />as insured. <br /> <br />2. The subordination of the lien of a Mortgage or Deed of Trust to an easement in favor of a <br />public utility company of a government agency or unit with powers of eminent domain; this section shall include, <br />without limitation, the execution of partial satisfactions/releases, partial reconveyances or the execution or requests <br />to trustees to accomplish same. <br /> <br />3. The conveyance of the properties to the mortgage insurer, or the closing of the title to the <br />property to be acquired as real estate owned, or conveyance of title to real estate owned. <br /> <br />4. The completion of loan assumption agreements and modification agreements. <br /> <br />5. The full or partial satisfaction/release of a Mortgage or Deed of Trust or full conveyance <br />upon payment and discharge of all sums secured thereby, including, without limitation, cancellation of the related <br />Mortgage Note. <br /> <br />6. The assignment of any Mortgage or Deed of Trust and the related Mortgage Note, in <br />connection with the repurchase of the mortgage loan secured and evidenced thereby. <br /> <br />7. The full assignment of a Mortgage or Deed of Trust upon payment and discharge of all <br />sums secured thereby in conjunction with the refinancing thereof, including, without limitation, the assignment of <br />the related Mortgage Note. <br /> <br />8. With respect to a Mortgage or Deed of Trust, the foreclosure, the taking ofa deed in lieu <br />of foreclosure, or the completion of judicial or non-judicial foreclosure or tennination, cancellation or recession of <br />termination, cancellation or rescission of any such foreclosure, including, without limitation, any and all of the <br />following acts: .' <br />a. the substitution of trustee(s) serving under a Deed of Trust, in accordance with <br />state law and the Deed of Trust; <br /> <br />b. the preparation and issuance of statements of breach or non-perfonnance; <br /> <br />c. the preparation and filing of notices of default and/or notices of sale; <br /> <br />d. the cancellation/rescission of notices of default and/or notices of sale; <br /> <br />e. the taking of a deed in lieu of foreclosure; and <br />
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