HomeMy WebLinkAbout970064Jay De Boyer Register Of Deeds
St Clair County, Michigan
Rec $16.00
Remon $4.00
Tax Crt $0.00
RECEIVED 1 3 2015
LIMITED POWER OF ATTORNEY
This Limited Power of Attorney is made in connection with Section 2.2 of that certain
Servicing Agreement (the "Servicing Agreement'), by and between RoundPoint Mortgage
Servicing Corporation, a Florida corporation "Servicer and SFR 2010 -3 Acquisition LLC, a
Florida limited liability company ("Manager"), dated as of November 30, 2010. Capitalized
terms used but not defined herein shall have the respective meaning ascribed thereto in the
Servicing Agreement.
2010 -3 SFR Venture, LLC, a Delaware Iimited liability Company (the "Company")
through a single purpose entity that is wholly owned by the Company named 2010 -3 SFR
Venture REO, LLC (the "Ownership Entity") holds certain Acquired Property and REO
Property. Manager has the authority and responsibility to manage such Acquired Property and
REO Property for the Company and Ownership Entity as the appointed manager the Company.
The Company is the sole member and manager of the Ownership Entity and as the managing
member has designated certain officers who have the authority to exercise the powers and duties
of the managing member pursuant to the Ownership Entity's Operating Agreement, dated
January 3, 2011.
Servicer, pursuant to the Servicing Agreement, has agreed to service, administer, manage,
operate, lease, sell or dispose such Acquired Property and REO Property for the benefit of
Manager, the Company and the Ownership Entity.
In order for Servicer to perform its obligations under the Servicing Agreement with
respect to the servicing, administration, management, operation, leasing, selling or disposition of
the Acquired Property and REO Property for the benefit of Manager, the Company and the
Ownership Entity, Manager, the Company, the Ownership Entity and Servicer agree that it is
necessary for the Ownership Entity to execute and deliver this Limited Power of Attorney.
Ownership Entity hereby makes, constitutes and appoints Servicer, for Ownership
Entity's benefit and in Ownership Entity's name, place, and stead, Ownership Entity's true and
lawful attorney -in -fact to perform all acts and execute all documents on its behalf as may be
customary, necessary and appropriate in connection with Servicer's performance of the
servicing, management and administrative obligations set forth in the Servicing Agreement with
respect to the Acquired Property and REO Property, subject to the terms and conditions set forth
in the Servicing Agreement, including the Servicing Standard as set forth in the Servicing
Agreement, and hereby does ratify and confirm to all that the attorney -in -fact hereunder shall
lawfully do or cause to be done by authority hereof.
Nothing herein shall give the attorney -in -fact hereunder the right or power to negotiate or
settle any suit, counterclaim or action against Manager, the Ownership Entity or the Company.
Ownership Entity shall have no obligation to inspect or review any agreement or other document
or item executed by the attorney -in -fact hereunder on behalf of Ownership Entity pursuant to this
Limited Power of Attorney and as such, the attorney -in -fact hereunder expressly acknowledges
that Ownership Entity is relying upon such attorney -in -fact to undertake any and all necessary
procedures to confirm the accuracy of any such agreement, document or other item.
Recorded
March 13, 2013 03 :32;24 PM
Liber 4369 Page 204 -206
Receipt 7129 POP #2013006919
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Seal Liber 4369 Page 204
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Image ID: 000001774139 Type: OFF
Kind: POWER OF ATTORNEY
Recorded: 03 /22/2012 at 12:40:40 PM
Pee Amt: 939.00 Pace 1 of 3
InetrO 201200003374
Muskingum County
Karen Vincent County Recorder
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recorded
RECEIVED 3 /21/2013 at 4:00 PM
RECEIVING 970064
BOOK: 807 PAGE: 309
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
Book: 2389 Page: 3 Seq: 1
[Signature Page Follows]
rmaoa r0: 00000177413O Type: OFF
Kind: POWER OF ATTORNEY
Paw' 2 of 3
2389 PG4
Any third party may rely upon a copy of this Limited Power of Attorney, to the same
extent as if it were an original, and shall be entitled to rely on a writing signed by the attorney -in-
fact hereunder to establish conclusively the identity of a particular right, power, capacity, asset,
liability, obligation, property, loan or commitment of such attorney -in -fact for all purposes of
this Limited Power of Attorney.
No attorney -in -fact hereunder shall be obligated to furnish a bond or other security in
connection with its actions hereunder.
Ownership Entity authorizes Servicer, by and through any of its directors or officers, or
any other employee who is duly authorized by Servicer as attorney in fact appointed hereunder
to certify, deliver and/or record copies and originals of this Limited Power of Attorney.
This Limited Power of Attomey shall be effective from November 30, 2010 and shall
remain in full force and effect as a limited and revocable power of attorney, which may be
revoked at anytime in writing by Ownership Entity or its successors or assigns, until the date on
which the Servicer ceases to act as Servicer under the Servicing Agreement.
If any provision of this Limited Power of Attorney shall be held invalid, illegal or
unenforceable, the validity, legality or enforceability of each of the other provisions hereof shall
not be affected thereby.
0310
Hook: 2389 Page: 3 Seq: 2
IN WITNESS WHEREOF, Ownership Entity has caused this Limited Power of Attorney
to be executed and subscribed in its name as of October 27, 2011.
WITNES
By:
Name: J,JL G-:w
WITNESS:
By:
Name: I:,1
STATE OF NORTH CAROLINA)
COUNTY OF MECKLENBURG
Prepared by: 2010 3 SFR Venture REO LLC
2010 -3 SFR VENTURE REO, LLC By:
Name: Salvatore Russo
Title: Vice President
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Imago ID: 000001774140 Type: OFF
Kind: POWER OF ATTORNEY
Papa 3 of 3
a 2389 P05
On October 27, 2011 before me personally appeared Salvatore Russo, known to me to be
a Vice President of 2010 -3 SFR Venture REO, LLC, that executed the preceding Limited Power
of Attorney and also known to me to be the person who executed it on behalf of said company,
and acknowledged to me that such company executed the preceding Limited Power of Attorney.
IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal the
year and day in this certificate first written.
Public
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0314
Hook: 2389 Page: 3 Seq: 3