HomeMy WebLinkAbout876646When Recorded Mail to:
Attn: Recording Department
Optima is.corn
1920 Main St. #450
Irvine, CA 92614
OFBRP Loan #: 99850497
POA Loan #: 78
Document '1 itle
LIMITED POWER OF ATTORNEY
LINCOLN, WY
Name of Grantor/Assignor: NEW CENTURY MORTGAGE CORPORATION
Name of Grantee/Assignee: OCWEN FEDERAL BANK FSB
PLEASE DO NOT REMOVE THIS COVER PAGE. THIS IS PART OF THE
DOCUMENT. THIS IS PAGE ONE OF THE LIMITED POWER OF ATTORNEY.
PLEASE PROVIDE RECORDING INFORMATION ON THIS PAGE,
7
i)OA : 78
LIMITED POWER OF ATTORNEY
New Century Mortgage Cm'poration (hereinafter called "Prior Servicer") hereby appoints Ocwen Federal Bank FSB
(hereinafter called "Ocwen"), as its true and lawful attorney-in-fact to act inthe name, place and stead of Prior
Servicer for the purposes set forth below.
The said attorneys-in-fact, and each of them, are hereby authorized, and empowered, as follows:
1. To execute, acknowledge, seal and deliver deed of trust/mortgage note endorsements, lost note affidavits,
assignments of deed of trust/mortgage and other recorded documents, satisfactions/releases/reconveyances of deed
of trust/mortgage, subordinations and modifications, tax authority notifications and declarations, deeds, bills of sale,
and other insn~ments of sale, conveyance, and transfer, appropriately completed, with all ordinary or necessary
endorsements, acknowledgments, affidavits, and supporting documents as may be necessary or appropriate to effect
its execution, delivery, conveyance, recordation or filing.
2. To execute and deliver insurance filings and claims, affidavits of debt, substitutions of trustee, substitutions
of counsel, non-military affidavits, notices of.rescission, foreclosure deeds, transfer tax affidavits, affidavits of
merit, verifications of complaints, notices to quit, bankruptcy declarations for the purpose of filing motions to lift
stays, and other documents or notice filings on behalf of Prior Servicer in connection with insurance, foreclosure,
bankruptcy and eviction actions·
3. To endorse any checks or other instruments received by Ocwen and made payable to Prior Servicer.
4. To pursue any deficiency, debt or other obligation, secured or unsecured, including but not limited to those
arising from foreclosure or other sale, promissory note or check. This power also authorizes Ocwen to collect,
negotiate or otherwise settle any deficiency claim, including interest and
se~~Y'S fees.
5. To do any other act or complete any other document that ari ormal course of servicing
Dated:~ 2001. Ne ~o
,, --, ~ w~/ rporation
zk Flanagau
~ame: ~i~t 7/It'~o,/,~i i Title: Executive Vice President
Name: ~!~LIZ./~L~ /~
State of California), County of Orange)
BEFORE ME, _~h~ Vl ~., ~-~ I ,a Notary Public in and for the jurisdiction aforesaid, on t
~Y~n~,~OC~, ..... ,/200,!, ,personally appeared Ps.trick Flanagan who resides at 25422 'Coa}hhi~-
a ,, -.,,,a, ,~a ~zo~, personally lalown to me (or sufficlentl roven to r ~,~,
Y p ) be the person who executed the
foregoing instrument and he did acknowledge the signing of the foregoing instrument to be his free and voluntary
act and deed as an authorized officer for the uses, purposes and consideration therein set forth.
Witness my hand and official seal this ~}c~c~ day of (~Y-~. ~, 2001·
~ ~qmmission Expir}es: (_ff
Prepared & Requested by Pat Belanger. of < p'::~..,~_}:~?~ C..:: ,~',-~2s::~
Ocwefi Federal Bank at 1665 Palm Beach ~ "?':' '~'~':i'~:'~ a'~" .... "'
Lakes, W. Palm Beach, FL 33401 t~ ~-~i~fff ........ s:c~. :...:.,~
When Recorded Mail to: OFBRP .....
Optima is.corn ~ 1920 Main St #450,
Irvine, CA 92614