HomeMy WebLinkAbout90889750317
CONTINUING POWER OF ATTORNEY (JPM'C) ~ ~
Whereas, Vanderbilt ABS COrp., a corporation organized and existing under the- - -~'"
laws of the State of Delaware ("VABS")~ and Vanderbilt Mortgage and Finance, Inc., a
corporation organized and existing under the laws of the State of Tennessee ("VMF"), have
entered into an agreement dated as of April 13, 2004 (the "Subservicing Agreement")
providing for VMF to act as a subservicer for VABS with respect to the servicing,
collection and enforcement ofcertain financial accounts with third party debtors, and
including repossess~g, foreclosing or otherwise comparably converting the personal and/or
real property which, secures such rmancial accounts (said financial accounts being more
particularly described below and referred to herein as "Contracts"), which Contracts are
owned by JPMorgan Chase Bank, As Trustee ("JPMC' and formerly The Chase
Manhattan Bank, As Trustee and formerly Chase Manhattan Trust Company, National
Association, As Trustee and successor in-interest to PNC Bank, National Association, As
Trustee), pursuant to the terms of the pooling and servicing agreements specified in Exhibit
A attached hereto and incorporatedherein by reference (the "P&S Agreements"), such
'ownership being fOr the benefit of purchasers of pass-through 'certificates issued under the
terms of the P&S Agreements;
Whereas, JPMC, and Oakwood Servicing Holdings CO., LLC ("OSHC')'and
Oakwood Acceptance Corporafion~ LLC ("OAC, LLC'), prior owners and servicers of the
Contracts, have granted to VABS specified powers and authorities under Continding
Limited Power of Attorney executed April 13, 2004 and July 30, '2004 and effective a~ of
April 13, 2004 (the "JPMC POA"); and
Whereas, VAILS desires to provide VMF with a more particularized description of
the powers and authorities VMF has as a subservicer under the Subservicing Agreement,
consistent with the powers and authorities VABS has under the P&S Agreements and the
XPMC POA.
Now, Therefore:
(1) VABS hereby grants 'to'VMF each and every power and authority to act which
VABS has under or pursuant to the P&S Agreements and the JPMC POA, acting on behalf
of VABS as a subservicer; and
(2) VABS authorizes any officer of VABS, on behalf of VABS, to acknowledge,
verify, swear to, attest, confirm or certify as to any matter regulated by this Contin,lng
Power of Attorney, and without limitation including the specifying or identifying of any
Contract (including the Contract obligors, description of manufactured home and/or real
or per~onproperty Which secures such Contract, or other identifying information) which is
covered or regulated by this Continuing Power of Attorney, the P&S Agreements and the
JPMCi.?OA.
To induce any third party to rely upon this Continuing Power of Attorney, VABS
hereby agrees and confirms that any third party receiving an originally signed' copy, paper
in a ~11~t and,~mplete ~y-of ~l ~e as appe~.l ~'rec~d ~ my,.~
RECEIVED 6/3/2005 at 'l 1:02 AM
RECEIVING 9 908897
BOOK: 587 PAGH: 60
JEANNE WAG qER
LINCO_N COUNTY CLERK,_ ~EMMERER,~ ...... eco d Book 2042 Page 2527
copy of ak originally signed copy or copy of au originally signed copy seat by facsimile or
electronically of this .instrument and/or acknowledgment, verification, sworn statement,
attestation, confirmation or certification from an officer of VABS may act or otherwise rely
upon this instrume!lt, and that revocation or termination hereof shall be ineffective as to
such third party unless and !mffi actual notice or knowledge of such revocation or
termination shah have been received by such third party.
The rights, .powers, and #,thority granted hereby shah commence and be in full
force and effect on April !3, 2004 and shah remain in full force and effect thereafter.
Executed the date(s) set 'forth below;
Y: [ ~~~~a~
Name: Russell Perrymau
Tit!e~-P?esident_~ /~ . ~ ~ //~
Name: Lori L. La Penta
Title:' Secretary and Treasurer
State of ~.l '~. )
)S.
I, · L"~-' Pt'F~ e.c,r'x; T r ,. Notary public in and forsaid County and
State aforesaid, do herdbY a~:-kn~wledge and state that RpsseH Peri'yman personally
appeared before me this . [ .~ day of '.~,CLg~ 1-- . ,2004
and .acknowledged that as President of Vanderbilt ABS Corp. he stgned and delivered the
above instrument as his free and voluntary ~ct and deed on behalf of Vanderbilt ABS
Corp. for the uses and purposes therein set forth.
day of/~'~ ~
Given under my hand and seal th~sr
2004
I ~ ~cou~ t
Notary PubH~ _ .
Commission , plres:
Record
Book 2042
Pc3
2.%28
State of ~jLfi
County of ~l~l
)
)s.
)
00062
I, F~P,'T~ff~-_ Q_.' ~ ~ L_L_ , a Notary Public in and for said County and
State aforesaid, do hereby acknowledge and state that Lori L. La Penta personally
appeared before me this ~qq(~ day of (~OC~3~T- ,2004 and
acknowledged that as Secretary and Treasurer of Vanderbflt ABS Corp. she signed and
delivered the above instrument as her free and voluntary act and deed on behalf of
Vanderbilt ABS 'Corp.'f0r the uses and purposes therein set forth.
Given under my hand and'sea! this 1%ff-~ day of mO C~ O,.~-ff ,
2004
(Notary Seal)
w ~- Notary Pffbh%
My Commission Expires:
HEATHER R. HILL ~..' ..':i_'..
· ,:::.' .~.. ,...:.;.. ,.
NOTARY PUBLIC - DELAWARE .,. ~,. : ,r:,. ...... .:....
.: ,.:', J j.'-~ .~., -:,..
.' -'.-:; C::' ,.:lc .' .:~..:,
My Commission Expirea Dec. 21,200~ ~ .-.:; z/ .~,? cO' '~',.'..:':.,:
~.. -.;" :¢.' .";... ~'~ ,'-:'~77 -'
~ aL,- '~" /7' ¢.~ '"'C'' ~
Record 2042 Paae 2529
Book
EXH~IT A
.0006 3
,,.**-~~-2~~~:''''''i:~;~'*.,. ... . ...... ~ ,.,~.~.~*:*~'~. ~ .. ,~ ...... , ...... . ................ . ..................
/..~,.~t,~..,,~ .~ . .,...~..., . ~,~., .,.., ................ ., :~ ~.. .,.,~,~ ......
OaJo,vood Mortgage Amendment ~o. I.. Oakwood M'orl~a§e Investors; Inc.' '.' '
Investors, Inc., Serie~ dated Se .1~- 9.8, 200i Oakwood AccePtanc~ Corporation. ..
1995-B . ?NC ;Bank, N.^., as Trtme~ (now Th.~
- Chase Manhattan Bank) . .
(October 1, 1995)
Oak~vood Acceptance Am~ndm~n~ No. 1 Oakwood A~eptanev Corporation
Corporation, S~ri~s 1996-1 dated Sept. 28, :2001 PNC Bank, N.A., ia Tmatae (now Tha
C'haaa Manhattan Bank)
(April 1, 1996)
Oakwood Mortgage Amendment No. 'I Oakwood Mortgage Investors, Inc.
'~nvestors, Inc., Series Oakwood Acceptance Corpomtion
i996-A dated Sept. 28, 2001 PNC Bank, N.A., aa Trustee (now The
', Chaa~ Manhattan Bank)
(P~bmary 1, 1996)
Oakwood Mortgage ' Amendment No. 1 oakWood Mortgag~ hvestora, Inc.
Investors, Inc., Sc"ries dated S,*pt. 28, 2001 Oakwood Acceptance Corporation '
1996-B PNC Bank, N-A., as Trustee (now The
Chase Manhattan Bank)
(July 1, 1996) .
Oakw~od Mortgag~ ' Am,ndm~nt No. 1 Oakwood Mortgage InveStors, ho.....
Investors,
Inc.,
S~pt.'28, '2001' ': PNC Bank, .N.A., aa Tm~t~ (new Th6
dat~
199642
' "' . Chas~'Manhatta~Bank)'":''
(Or. toby/I,1996) . '~: ' ...:..i '~:' :. ',i'~' i',.i..'{'..
Record .Book 2042 Paqe 2530
~i,.:3~;~al~ll~ ~ ~i,.~:'~;"~o':~"r': '~ .... '"~ -' ~-,:~' ' ,'.-~ ~:~ a'.,:c,.~-. "~
Iav~to~, ~., $~fi~ flate~ Sept. 28, 2~1 O~oofl Ac~p~ Co~afion
1997-A ' ' ' PNCB~nk;N.A., a~ T~s~ (now Th~
' Ch~ M~ha~ B~)
~ebm~ 1, 1997) .,
O~ood Mo~gag~ .... ~n~:nt No. I O~d'Mo~gag: ~v:~mm, ~c.
~v:s~o~, ~c., S~H~ ~t~ S:~ 28, 2001 O~ood Acc:p~c: Co~omfion
1997-B '..,. PNC B~, N.k, as Tm~ (now
~ay 1, i997) Ch~: M~ha~ B~k)
.D~trche nn~M caPit~ ~n~nt No. 1 D=u~ch~ Pin~ci~ Capi~l Se~fizafi°n
S~zaflon ~. S~d~s LLC,
!9~-I d~M S~pt. 28, 2~I O~ood Ac~p~c~ Coloron
PNC B~, N.A.,
(June 1, 1997) ~e M~a~an Ba~)
' '~ood Mongagr ~n~:nt No.
.hv~tom, hc., S~s ~t~d S:pt. 28, 2001 O~oM Aco~p~cc Co.option
1997-C PNC B~k, N.A.,
~ Ch~c M~a~ B~)
(Ku~ 1, 1997)
0~ood MoHgag~
~veztorr, ~c. S~fl~ dated S~pL 28, 2~1 O~ood Acc~ Co~orafion
1997-D ' PNC
Ch~e M~a~ B~k)
~owmb~r 1, 1997)
Record Book 2042 Paae 253]
00f 65
Securitization, LLC, Series
1998-I
(January 1, 1998)
Oakwood Mortgage
Investors, Inc., Seri~
1998-A
(February 1,199g)
Oakwood Mortgago
'~-Vestors, Inc., Sefles
1998-B
(May 1,1998)
Oakwood Mortgage
Investora, I. nc., Series
!998-C
(A'ugust 1, 1998)
OakwoodMo~gage
~vestors,!nc.,Sefiea
1998-D
(October 1, 1998)
dated SepL 28,2001
Amendment No. I
dated Sept. 28, 2001
Amendment No. 1
dated December 12,
2000
Amendment No. 2
dated Sept. 28, 2001
Amendment No. 1
dated December 12.
2000
Amendment No. 2
dated Sept. 28, 2001
Amendment No. 3
dat~ A. ugust 10, 2001
Amendment No. 1
dated April 29, 1999
Amendment No. 2
dated Sept. 28, 2001
~, ~:~'5:~;,:~b.~'~-,~'
~ ...... ~E' '~ ~;~,. ~ ......... ' '~ .........
~ ~ .~ ...... ~ ~ ..........., .......... ~ . .
Deul~ch~ Financifl Capitfl S~fization
L.L.C.
O~d Ac~p~ Co~omflen
PNC B~k, N.K, a~ Tms~e (now %~
Chase ~at~ B~)
Oakwood Mortgage In)testors, Inc.
Oakwood Acceptance Corporation
PNC Bamk, N.A.. as Trustee (now The
Chase Manhanah Bank)
OakwoOd Mortgage Inve,~tors, Inc.-.
Oakwaod Acceptance Corporation
PNC Bank', N.A,, a~ Trustee (now Tha
Chase Manhattan Bank)
Oak'wood Mortgage Investors, Inc.
Oakwood Acceptance Corporation
PNC Bank, N.A., as Tmate~ (now The
Chase Manhattan Bank)
oakwOod MOrtgage Investors, Inc.
Oakwood Acceptance Corporation
PNC Bank, N,A., as Trust~ (now The
Chase Manhattan Bank)
Record
Book 2042 Pace
2532
Oakwood Mortgage Amendment No. 1 Oakwood Mortgage InvestOrS, Inc.
Investors, Inc., S~ri~s . dated S~pt. 28, 2001 Oakwood Az:ceptance Corporation
19Dg-A Tho Cha$o Manhattan Bank, as Truste.8
(january !, 1999) '...
OakWood Mortga~o Am:ndment No. 1 Oakw~od Mortgag~ f. nveston, Ino.
Investors, Inc., S~rl~s dated Sept. 2g, 2001 Oakwood Acceptance Corporation
1999-B ; : The Chase Manhattan Bank, as Trustee
(April 1, 1999)
~0~kWood MOrtgage Amendment blo. I Oakw0od Mortgage Investors, Inc.
'Iavestors, Inc., Series daa:d November 15, Oakwooti ^o¢optance Corporation
1999-C 2000 The Chase Manhattan Bank, as Trustee
Amendment Ho. 2
(June 1, 1999) dated DeC'emi:er 12,
2000
Anmndment Ho. 3
dated gopt. 28, 2001
, Am,,ndm~nt No. 4
dated August !0:2001
0a~'wood Mottgago Amendment Ho. 1 Oalcw0od Mortgage Investors, Inc.
Investors, Inq., S~ri~s dated Dec~mb~r !2, O~vood Aoceptan~ Corporation
1999-D 2000 The Chase ManhaRanBank, as Truste~
Amendrn~nt No. 2
(August I, 1999} dated SopL 28, 2001
An~=ndment 1%. 3
dated August 10, 2001
Oakwood Mortgage Amendment No. 1 ' 0akwood Mortgag~ Investors, Inc.
Investors, Inc., S~ries date. d D~mber 11, Oak'wood Ace.~ptan¢o Corporation
I999-E 2000 Tho Chas~: Manhatt~q B~nk, ~ Trust~
Amendment No. 2
(November I, 1999) dated Sept. 28, 2001
Am,mdment No. :3
_. dated Aul~at 10, 2001
Record Book 2042 ?aqo
2533
~vestors, ~c., S~fies dasd December 11, O~wood ~pt~ce Co~omfion '
~-A 2000 ~c Chas~ Ma~ha~ Ba~ as T~tee
, ~en~nt No. 2.
~ch 1, 20~) ,.. &ted Sep$. 28, 2001_
~endm~tNo. 3 , " ..... . ':
O~ood'Moaga~e ~en~ent No. !. · :: .O~'d'Mo~gaga hw~tom, ho. ".
Inve~to~, ~c., Sefie~ ~ S=pt. 2g, 200! ' O~ood Accepm~ Cowo~on.
2~B and ~n~ent No 1 Th~ Cme'.Mm~att~ B~ ~ T~stee :'.
&t~lWHlOO~d'. · . :' ".'
(June !, 2000) Ambient No. 2 -..........: ·
dasd Aggu~t 10, 2~1 ..... ·
-O~ood Moagage ~endment No. 1 O~o~ Mo~gage Investor, ~c.
~w~ton, Inc., Se~e~ da~ Sept, 28, 2~1 O~ood Acceptance Co~omtion
2~ I-B ~n~nt No. 2 The ~ M~haR~ B a~, ~ Tmst~
d~ Aurar 10, 2001
~ebm~ I ~ 2001) ·
O~o~ Mongag~ Amen~nt No, 1 O~ood ~agage.hve~toa,
~w;ton, he., S¢fie~ dated I~0W0! O~ood Aec~t~co Coworaaon
2001-0 ~en&~nt No. 2
" &~d Aunt 10, 2~1
~y 1, ~01) ~n~ent No. 3
&~d December 12, .
2001 ~
O~d Moagage ~en~ent No. I O~ood Moagage hvestora, ~c.'.
2001-D ~endment No. 1 : Th~ ~ase M~atm B~,~ Tmatee
dagd De.tuber 12, . · -. :
(Aurar I, 2~1) 2001 '.
Amen~ent No. 2
dared D~mber 13,
2~1 . . · ' - ·
O~ood Moagage ' ' . O~ood Mo~gage h~eam~, Inc..
~ve;tors, Inc., Sefie~ : ..
~O1-E I '~Morg~ Chae B~, aa Tmst~
Record Book 2042 Paae 2534
Penny H, ~Mley, Re~is~er
Rec #: 28~172
Rec'd: qS.00 Instru~)ent #: 433657
State: 0.00
Clerk: 0,00 Recorded
EOP: ZOO 1/21/2005 ~ D:34 am
Io~al: 4%00 in
Re¢o~d 8ook 20~2 P~s 2527-2~35
Record
Book 2042 Page
2535