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200808225
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Last modified
12/2/2008 10:29:55 AM
Creation date
9/26/2008 4:12:13 PM
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DEEDS
Inst Number
200808225
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<br />~199'^, 20~0808225 <br /> <br />LIMITED POWER OF ATTORNEY <br /> <br />c:~ r' r,1YJ [) <br />(JI/ <br /> <br />~... <br /> <br />, l <br /> <br /> <br />~ <br />KNOW ALL MEN BY THESE PRESENTS, ADV ANTA NATIONAL BANK ** <br />("ANB"), hereby constitutes and appoints Chase Manhattan Mortgage Corporation ("CMMC"), <br />a New Jersey Corporation and its successors and assigns as its true and lawful attorney in fact, in <br />its name and stead and for its benefit, with full power of substitution, in connection with all <br />mortgage loans and servicing that ANB sold to CMMC, solely for the purposes of performing all <br />lawful acts and executing all documents in the name of ANB as may be necessary or incidental <br />to the delivery of said loans, including but not limited to: **F /K/ A Advanta National Bank, <br />U.S.A F/K/A Colonial National <br />1 E d..th . d 11 Bank USA. 1 . <br />. n orsmg WI out recourse promissory notes an a onges and preparmg, comp etmg, <br />executing, canceling, delivering and/or recording assignments of mortgages, endorsements, lost <br />note affidavits, deeds of trust, deeds to secure debt, land contracts and other security instruments <br />securing such promissory notes and any other actions necessary or desirable to effect transfer of <br />all or any loans to CMMC or any other party. <br /> <br />... .~ <br /> <br />2. Endorsing without recourse any check, draft or other instrument which is made payable <br />to ANB but which is due to CMMC or any ofCMMC's affiliates. <br /> <br />ANB further grants to CMMC and its substitutes full power and authority to do and <br />perform all acts necessary in the sole discretion of CMMC and its substitutes to carry into effect <br />the powers granted by or under this limited power of attorney as fully as ANB might or could do <br />with the same validity as if all and every such act had been herein particularly stated, expressed, <br />and especially provided for, and hereby ratifies and confirms all that CMMC and its substitutes <br />shall lawfully do or cause to be done by virtue of the powers and authority granted and <br />contemplated hereby. <br /> <br />The powers and authorities conferred on CMMC and its substitutes in this limited power <br />of attorney are granted for valuable consideration, coupled with an interest, and are irrevocable <br />and all persons and entities dealing with CMMC, any of its officers acting hereunder, or any <br />substitute are fully protected in treating the powers and authorities conferred by this limited <br />power of attorney as existing and continuing in full force and effect until otherwise advised by <br />CMMC. This limited power of attorney is granted in addition to, and not in lieu or in <br />substitution of, any other powers of attorney granted by ANB to CMMC in any credit or security <br />agreement between the parties. <br /> <br />ANB agrees to execute and deliver additional copies of this limited power of attorney as <br />reasonably requested by CMMC from time to time. ANB further agrees to provide CMMC with <br />fifteen (15) days prior written notice ofits sale of all or substantially all of its assets, dissolution <br />or merger. <br /> <br />Advanta National Bank. F /K/ A Advanta Chase M <br />National ~ Sff'. F /K/ A Colonial National <br /> <br />By: luw-- By: <br /> <br /> <br />nr-Ni[)DIU' i:'F[ <br />!\CVJ!', m:!. _ . <br />mTAL <br />~e9i j"-'" ~ <br />,', ' ...KI;1,. <br />'L,.lq ": <br />!'li: .. t <br />_ 3! 2fl0:3 <br /> <br /> <br />Name: Michael Coco <br /> <br />Name: Cindy L. Dunks <br /> <br />Title: Vice President <br /> <br />Title: <br /> <br />Vice President <br />August q 2001 <br /> <br />!~ t ~ t}6 i~::.f); <br /> <br />Date: August?, 2001 <br /> <br />Date: <br />
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