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Ocwen Loan Servicing, LLC
1661 Worthington Road, Suite 100
West Palm Beach, FL 33409
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CPU 20120497558
OR BK 25653 PG 1061
RECORDED 12/13/2012 15:35:09
LIMITED POWER OF ATTO RII Beach County, Florida
2.l n1 3 ron R. Bock, CLERK COMPTROLLER
Pgs 1061 1066; (6pgsPgs 1061 1066; (6pgs)
KNOW ALL MEN BY THESE PRESENTS, that Deutsche Bank National Trust Company, a
national banking association organized and existing under the laws of the United States, and
having its usual place of business at 1761 East St. Andrew Place, Santa Ana, California, 92705,
as Trustee (the "Trustee for the Agreements listed on Exhibit A (the "Agreement by and
between Deutsche Bank National Trust Company and Ocwen Loan Servicing, LLC (the
"Servicer as successor servicer to HomEq Servicing, hereby constitutes and appoints the
Servicer, by and through the Servicer's officers, the Trustee's true and lawful Attorney -in -Fact,
in the Trustee's name, place and stead and for the Trustee's benefit, in connection with all
mortgage loans serviced by the Servicer pursuant to the Agreement solely for the purpose of
performing such acts and executing such documents in the name of the Trustee necessary and
appropriate to effectuate the following enumerated transactions in respect of any of the
mortgages or deeds of trust (the "Mortgages" and the "Deeds of Trust" respectively) and
promissory notes secured thereby (the "Mortgage Notes for which the undersigned is acting as
Trustee for various certificateholders (whether the undersigned is named therein as mortgagee or
beneficiary or has become mortgagee by virtue of endorsement of the Mortgage Note secured by
any such Mortgage or Deed of Trust) and for which Ocwen Loan Servicing, LLC is acting as the
Servicer.
This Appointment shall apply only to the following enumerated transactions and nothing herein
or in the Agreement shall be construed to the contrary:
1. The modification or re- recording of a Mortgage or Deed of Trust, where said
modification or re- recording is solely for the purpose of correcting the Mortgage
or Deed of Trust to conform same to the original intent of the parties thereto or to
correct title errors discovered after such title insurance was issued; provided that
(i) said modification or re- recording, in either instance, does not adversely affect
the lien of the Mortgage or Deed of Trust as insured and (ii) otherwise conforms
to the provisions of the Agreement.
2. The subordination of the lien of a Mortgage or Deed of Trust to an easement in
favor of a public utility company of a government agency or unit with powers of
eminent domain; this section shall include, without limitation, the execution of
partial satisfactions /releases, partial reconveyances or the execution or requests to
trustees to accomplish same.
The conveyance of the properties to the mortgage insurer, or the closing of the
title to the property to be acquired as real estate owned, or conveyance of title to
real estate owned.
4. The completion of loan assumption agreements.
Book25653/Page1061
RECEIVED 4/30/2013 at 4:21 PM
RECEIVING 970743
BOOK: 810 PAGE: 401
JEANNE WAGNER
LINCOLN COUNTY CLERK, KEMMERER, WY
Page 1 of 6
5. The full satisfaction/release of a Mortgage or Deed of Trust or full conveyance
upon payment and discharge of all sums secured thereby, including, without
limitation, cancellation of the related Mortgage Note.
6. The assignment of any Mortgage or Deed of Trust and the related Mortgage Note,
in connection with the repurchase of the mortgage loan secured and evidenced
thereby.
7. The full assignment of a Mortgage or Deed of Trust upon payment and discharge
of all sums secured thereby in conjunction with the refinancing thereof, including,
without limitation, the assignment of the related Mortgage Note.
8. The full enforcement of and preservation of the Trustee's interests in the
Mortgage Notes, Mortgages or Deeds of Trust, and in the proceeds thereof, by
way of, including but not limited to, foreclosure, the taking of a deed in lieu of
foreclosure, or the completion of judicial or non judicial foreclosure or the
termination, cancellation or rescission of any such foreclosure, the initiation,
prosecution and completion of eviction actions or proceedings with respect to, or
the termination, cancellation or rescission of any such eviction actions or
proceedings, and the pursuit of title insurance, hazard insurance and claims in
bankruptcy proceedings, including, without limitation, any and all of the
following acts:
a. the substitution of trustee(s) serving under a Deed of Trust, in accordance
with state law and the Deed of Trust;
b. the preparation and issuance of statements of breach or non performance;
c. the preparation and filing of notices of default and/or notices of sale;
d. the cancellation/rescission of notices of default and/or notices of sale;
e. the taking of deed in lieu of foreclosure;
f. the filing, prosecution and defense of claims, and to appear on behalf of
the Trustee, in bankruptcy cases affecting Mortgage Notes, Mortgages or
Deeds of Trust;
g.
the preparation and service of notices to quit and all other documents
necessary to initiate, prosecute and complete eviction actions or
proceedings;
h. the tendering, filing, prosecution and defense, as applicable, of hazard
insurance and title insurance claims, including but not limited to appearing
on behalf of the Trustee in quiet title actions; and
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Book25653 /Page1062 Page 2 of 6
vJ402
the preparation and execution of such other documents and performance of
such other actions as may be necessary under the terms of the Mortgage,
Deed of Trust or state law to expeditiously complete said transactions in
paragraphs 8.a. through 8.h. above.
9. With respect to the sale of property acquired through a foreclosure or deed -in lieu
of foreclosure, including, without limitation, the execution of the following
documentation:
a. listing agreements;
b. purchase and sale agreements;
c. grant/warranty /quit claim deeds or any other deed causing the transfer of
title of the property to a party contracted to purchase same;
d. escrow instructions; and
e. any and all documents necessary to effect the transfer of property.
10. The modification or amendment of escrow agreements established for repairs to
the mortgaged property or reserves for replacement of personal property.
The undersigned gives said Attorney -in -Fact full power and authority to execute such
instruments and to do and perform all and every act and thing necessary and proper to carry into
effect the power or powers granted by or under this Limited Power of Attorney as fully as the
undersigned might or could do, and hereby does ratify and confirm to all that said Attorney -in-
Fact shall be effective as of December 7, 2012.
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.
Solely to the extent that the Servicer has the power to delegate its rights or obligations under the
Agreement, the Servicer also has the power to delegate the authority given to it by Deutsche
Bank National Trust Company, as Trustee, under this Limited Power of Attorney, for purposes of
performing its obligations and duties by executing such additional powers of attorney in favor of
its attorneys -in -fact as are necessary for such purpose. The Servicer's attorneys -in -fact shall have
no greater authority than that held by the Servicer.
Nothing contained herein shall: (i) limit in any manner any indemnification provided to the
Trustee under the Agreement, (ii) limit in any manner the rights and protections afforded the
Trustee under the Agreement, or (iii) be construed to grant the Servicer the power to initiate or
defend any suit, litigation or proceeding in the name of Deutsche Bank National Trust Company
except as specifically provided for herein. If the Servicer receives any notice of suit, litigation or
proceeding in the name of Deutsche Bank National Trust Company, then the Servicer shall
promptly forward a copy of same to the Trustee.
3
Book25653/Page1063 Page 3 of 6
U0403
This limited power of attorney is not intended to extend the powers granted to the Servicer under
the Agreement or to allow the Servicer to take any action with respect to Mortgages, Deeds of
Trust or Mortgage Notes not authorized by the Agreement.
The Servicer hereby agrees to indemnify and hold the Trustee and its 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 or result of or in connection with the exercise by the
Servicer, or its attorneys -in -fact, of the powers granted to it hereunder. The foregoing indemnity
shall survive the termination of this Limited Power of Attorney and the Agreement or the earlier
resignation or removal of the Trustee under the Agreement.
This Limited Power of Attorney is entered into and shall be governed by the laws of the State of
New York, without regard to conflicts of law principles of such state.
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 shall
continue in full force and effect and has not been revoked unless an instrument of revocation has
been made in writing by the undersigned.
IN WITNESS WHEREOF, Deutsche Bank National Trust Company, as Trustee for the
Agreements listed on Exhibit A has caused its corporate seal to be hereto affixed and these
presents to be signed and acknowledged in its name and behalf by a duly elected and authorized
signatory this 7th day of December, 2012.
Wit ss: Gissell- Picard
Deutsche Bank National Trust Company,
as Trustee for the Agreements listed on Exhibit A
By:
Book25653/Page1064
Name: Ronal 6c eyes
Title: Vice President
00404
Prepared by:
Name: AmyMcNulty
4
Page 4of6
State of California}
County of Orange}
On December 7, 2012, before me, Joisy Lisseth Rodriguez, Notary Public, personally appeared
Ronaldo Reyes, who proved to me on the basis of satisfactory evidence to be the person whose
name is subscribed to the within instrument and acknowledged to me that he executed the same
in his authorized capacity and that by his signature on the instrument the person, or the entity
upon behalf of which the person 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.
Witness my hand and official seal.
N► ary signature
5
JOISY LISSETH RODRIGUEZ
Commission 1989132
Notary Public California
Orange County
M Comm. Ex ires Au, 25, 2016
Book25653/Page1065 Page 5 of 6
ti 0 110 5
Exhibit A
Equifirst Loan Securitization Trust 2007 -1, Mortgage Pass Through Certificates, Series 2007 -1
Equifirst Loan Sccuritization Trust 2008 -1, Mortgage Pass- Through Certificates, Series 2008 -1
Equifirst Mortgage Loan Trust 2004 -1 Asset Backed Certificates, Series 2004 -1
ok25653/Page1066 Page 6 of 6
f
I hereby certify that the foregoing is a true copy
of the record in my office this day, Dec 14, 2012.
Shar n Bock ClerC Ci uit Court, Palm Beach County, Florida
BY P ja /l tX-t Deputy Clerk