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201000779 <br />2. The subordination of the lien of a Mortgage or Deed of Trust to an easement in <br />favor or a public utility company of a government agency or unit with powers of eminent <br />domain; this section shall include, without limitation, the execution of partial <br />satisfactions/releases, partial reconveyances or the execution of requests to trustees to accomplish <br />same, or the subordination of the lien of a Mortgage or Deed of Trust to a lease of said property <br />for oil or mineral development where (1) such lease does not adversely affect the lien of the <br />Mortgage or Deed of Trust as insured (2) such lease is customary in the area and (3) exercise of <br />such lease will not have a material effect on the value of the property, prevent the use of the <br />property as a residence, or expose the residents to serious health or safety hazards. <br />3. The conveyance of the properties to the mortgage insurer, or the closing of the <br />title to the property to be acquired as real estate owned, or conveyance of title to real estate <br />owned. <br />4. The completion of loan assumption agreements and modification agreements. <br />5. The full or partial satisfaction/release of a Mortgage or Deed of Trust or full <br />conveyance upon discharge by payment or other satisfaction of all sums secured thereby, <br />including, without limitation, cancellation of the related Mortgage Note. <br />6. The assignment of any Mortgage or Deed of Trust and the related Mortgage Note, <br />in connection with the repurchase of the mortgage loan secured and evidenced thereby. <br />7. The full assignment of a Mortgage or Deed of Trust upon payment and discharge <br />of all sums secured thereby in conjunction with the refinancing thereof, including, without <br />limitation, the assignment of the related Mortgage Note. <br />8. With respect to a Mortgage or Deed of Trust, the foreclosure, the acceptance of a <br />short sale agreement, the taking of a deed in lieu of foreclosure, or the completion of judicial or <br />non judicial foreclosure or termination, cancellation or recession of termination, cancellation or <br />rescission of any such foreclosure, or sale, 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 />b. the preparation and issuance of statements of breach ar non-performance; <br />c. the preparation and filing of notices of default and/or notices of sale; <br />d. the cancellation/rescission of notices of default and/or notices of sale; <br />e. the taking of a deed in lieu of foreclosure or the acceptance of a short sale <br />agreement; and <br />Inv. #319 - l;quity One ABS, Inc. & Popular ABS, Inc. w/Addendum <br />