HomeMy WebLinkAbout895450Loah No: 1994000235 LI,",,'.:TED P.DWER OF ATTORNEY 0[.~
.i. fursuant to a FNMA !~artgage Se.;vicmg Purchase and Sale Agreement dated as of December 1,4)002 (the "Agreement))~),
CHASE_ iVIANItATTAN. MORTGAGE COMPANY ("CMI~4C"), an Ohio corporation, with offices at 3415 Vision Drive, Columbus,
L~ '.:~ ' ' -" o," rte~t,~-~l ~-,ino~ Bank with offices lo,-ated at 1801 East Ninth S~e-
200, Cleveland'Ohio, 44114, the r/ghts to service the mortgage portfolio as defined in the Agreement (the "Mortgages"), which Mortgages
are either whgl¢: loans oWned by the Federal National Mortgage Association ("FNMA") or mortgage backed securities issued by FNMA.
2.. Ohio Savings Bank was required, pursuant to Section 2.4(b) of tile Agreement, to deliver to CMMC, the appropriate
assigmments to evidence_the transfer to CMMC of all of Ohio Savings Bank's right, title and interest in and to the Mortgages. To date,
some of the assignments have not yet been recorded of record, such that Ohio Savings Bank remains mortgagee of record as to certain
Mortgages.
3. Ohio Savings Bank was also required, pursuant to Section 2.4(c) of the Agreement, to deliver such other documents,
including but not limited to limited powers of attorney, as CMMC or its counsel deemed reasonably necessary to properly service the
Mortgages prior to CMMC's becoming mortgagee of record.
4. In cmmection with CMMC's servicing of the Mortgages, Ohio Savings Bank hereby constitutes and appoint~ Chase
Mortgage .Company its true and lawful attorney-in-fact, and in its name, place and stead v. nd for its use and benefit only for the limited
purpose, to e~idorse mortgage I:,:~'.djT~'mt checks f/:;- the Mortg.%.;es, execute mortgage sa::::;~::~c,n::,.'('..~eds oF ~:conve~ances or similar release
instruments, partial releases, and any and all docnmentation required to foreclose delinquent Mortgages and properly service the Mortgages
prior to CMMC'S becom&~g mortgagee of record.
The undersigned gives ~MMC, as attorney-in-fact, full power and authority to execute and/or endorse the above described documentation
as if the undersigned were personally present, hereby ratifying and confinning all that said attomey-h~-fact shall lawfully do or cause to be
.-lone by authority hereof.
This limited power of attorney has been executed this 5o'.day of June, 2003, and is effective as of June 5th, 2003. The same shall continue
Jn full force and effect until revoked in writing by the undersigned~ _t:~.~
"BOOK'S_ PRPA(JE 1 ~ 4
W~TNESSES: R E O E lYE D
/n~/~_~ ~ ~J'~' COUt,,TY CLERK
~Name: ?'/Z'.~ ' Printed Name: ~1~1~
M~ ~ ~mtedTitle:~e~rk'ia~~
S~tt~ Ca~ ~ e~ted Name: ~onald Wffght
~ ~ ~ ~ Prated Title: Authomed Agent
STATE OF Olfio
CatTY OF ~Cuyahoga
On June.5, 2003, before me, a Notary Public, personally appeared Eddie Othman and Ronald Wright, personally knoWn to me (or proved
to me oll the basis of satisfactory evidence) to be the Vice PreSident and Authorized Agent, respectively, of Ohio Savings Bank and
ackmowledged to me that they executed this instrument in their authorized capacities, upon behalf of such entity.
WITNESS my hand and official seal.
My Commission Expires:
Notary Public
Prepared by:
Chase Manhattan Mortgage Corporation
4915 Independence Parkway [~.~
Tampa, Florida 33634
RECORD ~D ~RN TO:
CHASE ~HA~AN MORTOR~ CORPO~ON
LIEN RELEASE D~PRR~E~
.: : :v RO. BOX 4021
CHARVENE EBERHARDT
Notary Public, State o~ Ohio
N~¥ ¢omrnlssion [xpires July 17, 2007