HomeMy WebLinkAbout953863When Recorded Mail To:
MGC Mortgage, Inc.
7195 Dallas Parkway
Plano, TX 75024
By: Pro
Genera
By:
Nam
Title:
STATE OF TEXAS
hemer
xecutive Vice President
TERRI S. WEISS
Notary PUblic, State of Texas
My Commission Expires
November 21, 2010
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RECEIVED 6/8/2010 at 2:28 PM
RECEIVING 953863
BOOK: 748 PAGE: 588
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
LIMITED POWER OF ATTORNEY
From time to time Property Acceptance Corp., as General Partner of LPP Mortgage Ltd. "LPP
may permit MGC Mortgage, Inc. to service certain residential mortgage loans owned by LPP with an unpaid
principal balance of less than $1 million (the "Mortgage Loans In order to facilitate such servicing, LPP hereby
constitutes and appoints Kent Twitchell, Senior Vice President, Beal Service Corporation (provided that such
person continues to hold such corporate office), as its true and lawful attorney -in -fact, and in its name, place
and stead and for its use and benefit, to execute and acknowledge all documents for the purpose of (i)
procuring, preparing, completing and recording any mortgage, deed of trust or similar security instrument
("Mortgage and any assignment of Mortgage or reconveyance or release instrument which is required (a)
for the proper servicing of the related Mortgage Loan or otherwise necessary to cure any defect in the chain
of title, (b) to ensure that record title to the Mortgage Loan vests in LPP or LPP's designee, and (c) for any
other transfer of record title which is required with respect to the Mortgage Loans or the underlying security
interest related to each Mortgage Loan; (ii) ensuring that each promissory note related to each Mortgage
Loan has been properly endorsed to LPP or LPP's designee; (iii) curing any defects associated with any
other document or instrument with respect to a Mortgage Loan related to the servicing thereof; (iv) pursuing,
prosecuting and defending foreclosures (or other comparable conversions to ownership), ejectments,
evictions, bankruptcies, suits and other related matters with respect to properties subject to the Mortgage
Loans (the "Mortgage Properties (v) executing, without recourse of any kind to LPP, all deeds, tax
declarations, certificates and any other documents or instruments necessary, appropriate or required to list,
sell, transfer and assign Mortgage Properties acquired by LPP either by foreclosure or by deed in lieu of
foreclosure; (vi) taking such further actions as are deemed necessary or required to service, administer and
enforce the terms of the Mortgage Loans; and (vii) endorsing checks, drafts and other evidences of payment
made payable to LPP regarding the Mortgage Loans.
The undersigned gives to said attorney -in -fact full power and authority to execute such instruments
and to do and perform all things requisite, necessary, and proper to carry into effect the power or powers granted
by or under this Limited Power of Attorney as fully, to all intents and purposes, as the undersigned might or could
do, as if the unders.ip ed were personally present. This Limited Power of Attorney is executed and is
effective as of this `f tday of March 2010, and expires on the first anniversary date thereafter.
Any photocopy or other reproduction of this Limited Power of Attorney may be used, accepted and
relied upon in lieu of the original hereof for the purpose of recording, filing or otherwise.
LPP Mortgage Ltd. ATTEST
cceptance Corp.,
r
By
Name. Stephen J. Costas
Title: General Counsel
COUNTY OF COLLIN
On this 7 day of March in the year 2010 before me, Terri S. Weiss a Notary Public of said state, duly
commissioned t i me on the basis of sat sfact ry eviden to be the r pesons who executed the within
n n stru enton
proved to
behalf of LPP Mortgage Ltd.
IN WITNESS WHEREOF, I have hereunto set my hand and affirmed my official seal he day and year in this
certificate first above written.
Noe/Clary Public
LIMITED POWER OF ATTORNEY
This page has been left blank and is to be used for Certification/Recording
information and should remain part of this document. County Clerk, Please
stamp and certify below.
Filed and Recorded
Official Public Records
John F. Warren, County Clerk
Dallas County, TEXAS
03/11/2010 09:59:36 AM
$20,00
201000058367
THE STATE OF TEXAS
COUNTY OF DALLAS
I hereby certify that the above and foregoing is a full, true, and
correct photographk copy of the original record now In my lawful
Custody and possession, filed on the date stamped thereon and as
the same Is recorded In the Recorder's Records In my Ace under
the volume and page or Instrument stamped thereon.
I hereby certify on