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Correspondent Seller Eligibility & Documentation Requirements

Correspondent Seller Eligibility & Documentation Requirements

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EXHIBIT A<br />

Limited Power of Attorney<br />

______________________________________ (the “SELLER”), a ______________________<br />

corporation whose address is ________________________________________________<br />

through the duly authorized representative whose signature appears below makes and appoints<br />

and by this Limited Power of Attorney does make, constitute and appoint U. S. Bank,<br />

N.A.(hereinafter referred to as U.S. Bank, N.A.), a National Banking Association whose address<br />

is 205 W. 4 th Street, Suite 600, Cincinnati, OH 45202, the true and lawful attorney-in-fact for the<br />

SELLER; and in the SELLER’s name and stead to execute, by the signature of any authorized<br />

U.S. Bank, N.A. employee or agent, any and all documents for the purpose of assigning and<br />

transferring to U.S. Bank, N.A. any and all mortgages, deeds of trust, security instruments, and<br />

the related notes, including, but not limited to the assignments of mortgages, deeds of trust, and<br />

security instruments; the note endorsements, affidavit and agreements, for any mortgage loan<br />

transaction closed and funded in the SELLER’s name or transferred and assigned to <strong>Seller</strong> and<br />

committed to U.S. Bank, N.A. by SELLER under the Client Contract(s) between the SELLER<br />

and U.S. Bank, N.A. giving and granting unto the said attorney-in-fact full power and authority<br />

to do and perform all and every act and thing whatsoever requisite and necessary to be done, and<br />

to make, correct, amend, endorse, accept, or deliver all agreements and instruments; as fully, to<br />

all intents and purposes, as the SELLER might or could do if present at the doing thereof through<br />

one of its authorized representatives, with full power of substitution and revocation. The <strong>Seller</strong><br />

hereby ratifies and confirms all that the said attorney-in-fact shall lawfully do or cause to be done<br />

by virtue of this Limited Power of Attorney. The SELLER may only revoke this Limited Power<br />

of Attorney in writing and only upon the expiration of one hundred eighty (180) days from the<br />

effective date of the Client Contract’s termination in accordance with the Client Contract’s<br />

terms, and this Limited Power of Attorney shall be deemed to be a power coupled with an<br />

interest for such purpose.<br />

IN TESTMONY WHEREOF, I have hereto set my hand and seal this ___________ day of<br />

_______________, 20____.<br />

SELLER: _________________________________________________________________<br />

(Full legal name of SELLER entity and, if applicable, full name of any and all d/b/a entities)<br />

BY: ______________________________________________________________________<br />

(Signature of authorized officer of SELLER)<br />

__________________________________________________________________________<br />

(Printed name of authorized officer)<br />

__________________________________________________________________________<br />

(Title of authorized officer)<br />

USBCF <strong>Correspondent</strong> Flow Agreement (Rev. 031408-01) 22 of 22

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