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HomeMy WebLinkAbout9601756011120003 LIMITED POWER OF ATTORNEY KNOW ALL MEN BY THESE PRESENTS, that SFR 2010 -2 REO Corporation "Owner by and through its Managing Director, hereby constitutes and appoints iServe Real Estate Operations, Inc. "Property Manager its true and lawful attorney -in -fact for the purpose of managing, maintaining, marketing, listing and selling real property owned by Owner. Owner hereby grants to Property Manager the authority to act in any manner necessary and proper to accomplish the purpose stated above and to exercise the powers enumerated herein. Use of this Limited Power of Attorney is restricted to the purpose described above and is limited to those actions reasonable and necessary for Property Manager to carry out the purpose of this Limited Power of Attorney for the benefit of Owner. This appointment is to be construed and interpreted as a limited power of attorney. The enumeration of specific items, rights, acts or powers herein is not intended to, nor does it give rise to, and it is not to be construed as, a general power of attorney. This Limited Power of Attorney shall be effective as of the date it is signed by Owner, and shall continue until the earliest of: (a) the date of its revocation by Owner; or (b) one (1) year from the date hereof; or (c) the date Property Manager shall have become bankrupt, dissolved, insolvent, or liquidated. By use of this Limited Power of Attorney, Property Manager hereby agrees to indemnify and hold Owner and its Manager, directors, officers, employees and agents harmless from and against any and all liabilities, obligations, losses, damages, penalties, actions, judgments, suits, costs, expenses or disbursements of any kind or nature whatsoever incurred by reason of the unauthorized use or exercise of the powers granted hereunder. This Limited Power of Attorney shall be governed by and construed in accordance with the laws of the State of California. IN WITNESS WHEREOF, Owner has caused this Limited Power of Attorney to be signed and acknowledged in its name and behalf by its duly authorized Manager this day of June, 2011. SFR 2010 -2 REO Corporation By: Matthew Pistonich Its: Managing Director 000643 RECEIVED 7/21/2011 at 4:03 PM RECEIVING 960175 BOOK: 769 PAGE: 643 JEANNE WAGNER LINCOLN COUNTY CLERK. KEMMERER. WY County of San Diego State of California ss. 000644 Acknowledged before me on J g 2011, by Matthew Fistonich, who says that he is the Managing Director of the corporation named above and is authorized to execute this power of attorney on behalf of the corporation. Seal: z L. HENRY Commission 1919458 Notary Public California I San Diego County Comm. Exp ires Dec 30 2014