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<br /> .< . � . -•. Aft�c Ree�ding Rett�rn R�o: 98-004113 �> . '. f
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<br /> , ;� ` HaNat�o cA 99945 LIMITED P��VVER OF ATI'ORNEY ��.� ��.i��� ' - � �.. ` :
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<br /> � : . THE SECRETARY OF HOUSING AND URBAIJ DEVELOPMENT("HUD")* - ��
<br />': _ � acting by and thraugb his autYzorrted agent,hereby appoints Lisa Alonge.Keith Douglas,Debbie -�'. : �;
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<br /> �s� . ' Miller, Liada M�ler,Barbara Russell, Sue Stepanek, and Janan�Neeks, severally, as tiue and �. �` ,ti_-`°_
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<br /> - • lawful aaorneys-ia fact w act in the name,Pl�ce and stead of HLJD-fcr the purposes s�t forth :, � � J:,
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<br /> . below. This limited power of atmmey is given to a certain Loaa Sa1e Agreeme�by and ,-� }
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<br /> r. '. � between HUD and EMC Mortgage Corporation�of Sepsember 9, 1997 to wluch reference . . � .
<br /> , ` _- � is made for the defmitioa of all capitalized te�s herein. The said a�torneys-in fact,and each of .�, —.
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<br /> � � them,are hereby authorized,and empowered, as follows: � �`��;:
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<br /> 3;;.. ��.:.� , _ 1. To execute,actmowtedge,seal and deliver,on behalf cf HUD,the Mortgage Note : ._ ;� .---
<br />�_��:� t � � ' Endorsements arith respect w the Mortgage Notes for all of the Mortgage Loans,provided that -- ���.;�;�
<br /> ' � " •� . . sach 1Vgortgage Note Endorsements shall be substanaally in the fornn of ExIu'bit"E" to the Loaa � ��;:.�;,:,:�
<br /> _:� ` ' Sale Agreement, aPPropriately compteted; . �:`•�A����
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<br /> ��'. �� 2. The execute, acknowtedge, seal and deliv�r,on behalf of HUD,the Assignment . '� � LL�-�Y;��'
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<br /> � = : ,� • � . and Lost Note Affidavit witb respeet to aay Mortgage Note which has been last or is otherwise '� r� �x-n
<br /> . unava�able,as pro�ided for in the Loan Sale Agreement,pravided�hat any such Assigrunent and ,: � Y'`�'`
<br /> � . • "; Lost Note Affidavit shall be substantially in the form of Exlu'bit "A"to the Loaa Sale Agreement, `;��°' •�'°"�'—"-`
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<br /> ' � aPPropriately completed; '� ��;�;;�:;
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<br /> - � � 3. To execute, acknowledge, seal and deliver the Assignments of Mor[gage and �'��:���'� � ��
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<br /> � '�� ��• � Other CoUateral Loan Dacumenu with respect to ail of the Morcgage Loans,provided that such .;� =�,�:�,
<br /> � � � �. Assignments of Mortgage and Other Collateral Loan Dacuments shall be substantially in the form •� . ';"``-
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<br />- �� � . � of Fxhi'bit"B"ta the Loan Sale Agreement, with such modificadoas as may be required to comply � . .��`:'_-
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<br />- � . . . . with applicable Trar�sferlRecordauon Requuements and appropriately completed. ,�.:
<br /> ��•` '� . 4. To execute and mail the Taxing Authoriry Notificadons, in the form of Exhibit �''��, � . �
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<br /> � "G"to the I.oan Sate Agreemeat,appropriately comp:eted. �. . ' - -
<br /> �,f�� � � This ia�trumeat is to be construed and interpreted as a limited power of attorney and � ����� : ---
<br /> � �- � does not empower or authorize the said aaomeys-ia-fact to do any act or execute any document : � ' .
<br /> • . ��.� � on behalf of HUD not spec�caUy descn'bed herein. , �� - - �"
<br />� � . " *�15 Seventh Stseet SW, Washington. DC 20410 . � ., .
<br /> � **222 west ias Qolinas Bivd. !/600, Zsvi.ng, TX 75039 �
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