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HomeMy WebLinkAbout9527196010918469 E KNOW ALL MEN BY THESE PRESENTS, that ACT Properties LLC "ACT having its principal place of business at 1285 Avenue of the Americas, New York, New York 10019, hereby constitutes and appoints US Real Estate Services, Inc. "US RES a California corporation, having offices at 25391 Commercentre Drive, Suite 200, Lake Forest, CA 92630, by and through the following officers of US RES; 1. Keith Guenther CEO /President 2, Rida Sharaf— Vice President Real Estate Closings and Title 3. Kiann Suess Assistant Vice President of REO 4. Michael Bull Chief Financial Officer 5. Kristin Peterson REO Closing Manager as its true and lawful Attorney -in -Fact, in its name, place and stead and for its benefit, in connection with residential real estate assets owned by ACT for the purpose of performing all acts and executing all documents in the name of ACT necessary and incidental to the liquidation of any residential real estate asset as designated by ACT, including but not limited to selling, transferring or otherwise disposing of real property acquired through foreclosure or otherwise, including, but not limited to, executing all contracts, agreements, deeds, assignments or other instruments necessary to effect such sale, transfer or disposition, and receiving proceeds and endorsing checks made payable to the order of ACT from such proceedings. ACT further grants to US RES full power and authority to do and perform all acts necessary for US RES to carry into effect the power or powers granted by or under this Limited Power of Attorney as fully as ACT might or could do with the same validity as if all and every such act had been herein particularly stated, expressed and especially provided for, and hereby ratifies and confirms all that US RES shall lawfully do by virtue of the powers and authority granted and contemplated hereby. This Limited Power or Attorney shall remain in full force and effect until June 30, 2010 unless sooner revoked or terminated by ACT. Third parties without actual notice may rely upon the exercise of the power granted under this Limited Power of Attorney, and may be satisfied that this Limited Power of Attorney has not been revoked by ACT. ACT Properties LLC B Na Martin onanno Title: Executive Director Name: Laura Hadley Title: Director STATE OF CALIFORNIA COUNTY OF ORANGE Witness by hand and official seal. LIMITED POWER OF ATTORNEY Notary Public 00u6'74 RECEIVED 3/30/2010 at 11:18 AM RECEIVING 952719 BOOK: 744 PAGE: 674 JEANNE WAGNER LINCOLN COUNTY CLERK, KEMMERER, WY On this 22nd day of February 2010, before me, the undersigned, a Notary Public in and for said county and state, personally appeared Martin Bonanno and Laura Hadley, personally known to me to be the persons who executed the within instrument as Executive Director and Director, respectively, on the behalf of the limited liability company therein named, and they duly severally acknowledged that said instrument is the act and deed of said limited liability company, and that they, being authorized to do so, executed and delivered said instrument for the purposes therein contained. 4779 State of California County of ORANGE On February 23, 2010, before me, Tamara Sulea, Notary Public, personally appeared MARTIN BONANNO, EXECUTIVE DIRECTOR AND LAURA HADLEY, DIRECTOR who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is /are subscribed to the within instrument and acknowledged to me that he /she /they executed the same in his /her /their authorized capacity (ies), and that by his /her /their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WHITNESS my hand and official seal. Signature of Notary ALL PURPOSE ACKNOWLEDGEMENT TAMARA SULEA Commission 1833860 g Notary Public California a N. Orange County My Comm. Expires Feb 12, 2013 000675