FILED: BRONX COUNTY CLERK 04/30/2025 07:32 PMINDEX NO. 818234/2024E
`NYSCEF DOC. NO. 15 RECEIVED NYSCEF: 04/30/2025
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`MTAGPOWEROFATTORNEYCONCERNINGNYCTL1998-2 TRUST
`Pursuant to Section 2.01(b) of each Servicing Agreement listed on Schedule I attached hereto
`(each, a "Servicing Agreement" and together, the "Servicing Agreements"), substantially in the
`form set forth in Exhibit A attached hereto, concerning certain real property tax liens held by the
`NYCTL1998-2 Trust (the "Trust"), as well as certain real property tax liens assigned to the Trust
`along with the related Servicing Agreements pursuant to the Assignment and Assumption
`Agreements listed on Schedule I attached hereto (each, an "Assignment and AssumptionAgreement" and together, the "Assignment and Assumption Agreements"), the Trust and The
`Bank of NewYork Mellon, as Paying Agent and Collateral Agent and Custodian under each
`Servicing Agreement, in order for MTAGServices, LLC, as Servicer under each Servicing
`Agreement (the "Servicer") to fulfill its duties under Section 2.01(b) of each Servicing Agreement,
`hereby constitute and appoint the Servicer their true and lawful attorney-in-fact and agent, to
`execute, acknowledge, verify, and deliver in their name, place and stead, any and all documents or
`instruments necessary to maintain or enforce any such lien, including, without limitation, the
`following documents which may be required in connection with the prosecution of a foreclosure
`action:
`(i) affidavit of verification of debt, (ii) affidavit in support of default judgment, (iii)
`affidavit in support of motion for summaryjudgment, (iv) affidavit regarding testimony
`before a referee, (v) computation of amount due oath, (vi) combined verification, oath and
`designation regarding the appointment of an administrator with the surrogate's court, and
`(vii) such other oaths, affidavits and/or documents as may be necessary for the prosecution
`of the foreclosure action.
`This Power of Attorney is effective for three (3) years from the date hereof or the earlier of
`(i) revocation by the Trust or the Paying Agent and Collateral Agent, or (ii) the Attorney shall no
`longer be retained on behalf of the Trust or the Paying Agent and Collateral Agent.
`This Power of Attorney shall be governed by, and construed in accordance with, the laws of the
`State of NewYork without regard to its conflicts of law principles.
`4148-7387-5027
`FILED: BRONX COUNTY CLERK 04/30/2025 07:32 PMINDEX NO. 818234/2024E
`NYSCEF DOC. NO. 15 RECEIVED NYSCEF: 04/30/2025
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`IN WITNESSWHEREOF,the Trust and the Paying Agent, Collateral Agent and Custodian have
`caused this Power of Attorney to be executed by their authorized signatories as of the dates below,
`respectively.
`THEBANKOFNEWYORKMELLON,as Paying Agent, Collateral Agent arid Custodiati
`By: Date: O 2Â 2.62A
`Esther AntoineTitle: Vice President
`STATEOFNEWYORK )
`COUNTYOFNEWYORM ) SS.:
`Onthis day of gfopgaf. 2024, before e, the undersigned, a Notary Public in
`and for said State, personally appeared Afp/ ). myar w, , personally known to meor
`proved to meby satisfactory evidence to be the person whose nameis subscribed to the within
`instrument and acknowledged to methat he/she executed the samein his/her capacity with The
`Bank ofNew York Mellon, and by his/her signature on the instrument, the individual, or the person
`upon behalf of which the individual acted, executed the instrument.
`Ely Public
`AEXANDERTITUSTONGE
`NOTARYPUBUG,STATEOFNEWTORK
`110. 01T06278785 .
`QUAllFlEDIN KINGSCOUNTY
`MYCOMMISSIONEXPIRESMARCH25:2025
`FILED: BRONX COUNTY CLERK 04/30/2025 07:32 PMINDEX NO. 818234/2024E
`NYSCEF DOC. NO. 15 RECEIVED NYSCEF: 04/30/2025
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`NYCTL1998-2 TRUST
`By: WILM0NGTONTROSTCOMPANY,not in its individual capacity but solely as Issuer
`Trustee on behalfofthe Trust
`By Date; october31, 2024
`Name: Gregory A. Marcu
`title; Assistant Vide Presidnt
`STATEOF DELAWARE
`COUNTYOFNEWCASTLE ) SS.t
`On this 23rd day October, 2024, before me, the undersigned, a Notary Public in and for said
`State, personally appeared Gregory A. Marcum, personally known to meor proved to me by
`satisfactory evidence to be the person whose name is subscribed to the withiñ instrument and
`acknowledged to me that he/she executed the same in his/her capacity with Wilmington
`Trust Company, and by his/her signature on the instrument, the individual, or the personupon
`behalf of which the individual acted, executed the instrument and that said subscribing witness
`made such appearance before the undersigned in the city/town of Wilmington in the State of
`Delaware,
`MARYKATHERINEKLODARSKA
`NotatPudicS AtE OFDELAWATE
`Ppires 09209-2025
`Notary P he
`FILED: BRONX COUNTY CLERK 04/30/2025 07:32 PMINDEX NO. 818234/2024E
`NYSCEF DOC. NO. 15 RECEIVED NYSCEF: 04/30/2025
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`EXHIBIT A
`Form of Section 2.01(b) of each Servicing Agreement
`2.01(b) Subject to any express limitations set forth in this Servicing Agreement, the
`Servicer shall seek to recover on a timely basis the largest amount possible with respect to each
`Tax Lien; provided, however, that nothing herein contained shall be construed as an express or
`implied guarantee by the Servicer of the collectability of the Tax Liens or of its ability to effect
`the timely or complete recovery thereof. Subject only to the above-described servicing standards
`and the terms of this Servicing Agreement and of the respective Tax Liens, the Servicer shall have
`full power and authority to do or cause to be done any and all things in connection with such
`servicing and administration which it may deemnecessary or desirable; provided, however, that
`under no circumstances (other than during a period when a Property Owner is Bankrupt) shall the
`Servicer agree with any Property Owner to compromise or reduce the Redemptive Value of any
`Tax Lien. Without limiting the generality of the foregoing, the Servicer shall, and is hereby
`authorized and empowered by the Issuer to, with respect to each Tax Lien it is obligated to service
`pursuant to this Servicing Agreement, prepare, execute and deliver, on behalf of the Collateral
`Agent and Custodian and the Issuer, any and all documents or other instruments necessary to
`maintain the lien of or enforce the Tax Liens on each Property if, in its reasonable judgment, such
`action is in accordance with, or is required by, this Servicing Agreement. Without limiting the
`generality of the power and authority granted herein, the Servicer shall also have full power and
`authority to prepare, execute, acknowledge and deliver, in connection with any foreclosure action
`brought pursuant to Section 9.01 hereof, on behalf of the applicable parties to this Agreement, the
`following documents: (i) affidavit of verification of debt, (ii) affidavit in support of default
`judgment, (iii) affidavit in support of motion for summaryjudgment, (iv) affidavit regarding
`testimony before referee, (v) computation of amount due oath, (vi) combined verification, oath
`and designation regarding the appointment of an administrator with the surrogates court and (vii)
`such other oaths, affidavits and/or documents as may be necessary for the prosecution of the
`foreclosure action. The Servicer shall take such steps as are customary to monitor the status of
`liens or other encumbrances that could be superior in lien priority to the lien of the Tax Liens, but
`shall have no obligation hereunder to take any action, as the Servicer may deemappropriate, to
`protect the Trust Estate against any such superior liens until the time, if any, of the actual
`foreclosure of such superior lien, and such actions shall be subject to the availability of funds
`hereunder for such purpose. Subject to Section 2.03 hereof, the Issuer and the Collateral Agent
`and Custodian shall, upon the receipt of a written request of a Servicing Officer, execute and
`deliver to the Servicer any powers of attorney and other documents prepared by the Servicer and
`necessary or appropriate (as certified in such written request) to enable the Servicer to carry out
`its servicing and administrative duties hereunder, including but not limited to a power of attorney
`in substantially the form set forth as Exhibit L hereto, which shall be executed and delivered to the
`Servicer on the Closing Date and, at the Servicer's discretion, filed in each county in the City. The
`execution of this Agreement by the Servicer hereby constitutes the written request of a Servicing
`Officer for the Collateral Agent and Custodian to execute and deliver such power of attorney, and
`certification that such power of attorney is necessary and appropriate to enable the Servicer to
`carry out its servicing and administrative duties hereunder.
`4148-7387-5027
`FILED: BRONX COUNTY CLERK 04/30/2025 07:32 PMINDEX NO. 818234/2024E
`NYSCEF DOC. NO. 15 RECEIVED NYSCEF: 04/30/2025
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`SCHEDULEI
`1. Servicing Agreement amongthe NYCTL2010-A Trust (the "2010-A Trust"), as Issuer,
`MTAGServices, LLC, as Servicer (the "Servicer"), Mooring Tax Asset Group, LLC and
`The Bank ofNew York Mellon, as Paying Agent and Collateral Agent and Custodian (the
`"Bank"), dated as of June 1, 2010 (the "2010-A Servicing Agreement"), assigned to the
`1998-2 Trust along with certain real property tax liens held by the 2010-A Trust pursuant
`to a certain Assignment and Assumption Agreement, dated as of June 29, 2012, between
`the 2010-A Trust and the 1998-2 Trust (the "2010-A Assignment and Assumption
`Agreement").
`2. Amended and Restated Servicing Agreement among the 1998-2 Trust, as Issuer, the
`Servicer and the Bank as Paying Agent and Collateral Agent and Custodian, dated as of
`June 30, 2021 (the "Direct Sale 1998-2 Servicing Agreement").
`3. Servicing Agreement amongthe NYCTL2011-A Trust (the "2011-A Trust"), as Issuer,
`the Servicer and the Bank as Paying Agent and Collateral Agent and Custodian, dated as
`of August 1, 2011 (the "2011-A Servicing Agreement") with respect to the servicing of
`certain real property tax liens, including servicing transferred pursuant to that certain
`Servicing Transfer Agreement, dated as of February 28, 2013, amongthe 2011-A Trust,
`Plymouth Park Tax Services LLC (dba Xspand), the Servicer and the Bank, and assigned
`to the 1998-2 Trust along with certain real property tax liens held by the 2011-A Trust
`pursuant to a certain Assignment and Assumption Agreement, dated as of November29,
`2013, between the 2011-A Trust and the 1998-2 Trust (the "2011-A Assignment and
`Assumption Agreement").
`4. Servicing Agreement amongthe NYCTL2012-A Trust (the "2012-A Trust"), as Issuer,
`the Servicer and the Bank as Paying Agent and Collateral Agent and Custodian, dated as
`of June 1, 2012 (the "2012-A Servicing Agreement"), assigned to the 1998-2 Trust along
`with certain real property tax liens held by the 2012-A Trust pursuant to a certain
`Assignment and Assumption Agreement, dated as of May 31, 2015, between the 2012-A
`Trust and the 1998-2 Trust (the "2012-A Assignment and Assumption Agreement").
`5. Servicing Agreement amongthe NYCTL2013-A Trust (the "2013-A Trust"), as Issuer,
`the Servicer and the Bank as Paying Agent and Collateral Agent and Custodian, dated as
`of June 1, 2013 (the "2013-A Servicing Agreement"), assigned to the 1998-2 Trust along
`with certain real property tax liens held by the 2013-A Trust pursuant to a certain
`Assignment and Assumption Agreement, dated as of May 31, 2015, between the 2013-A
`Trust and the 1998-2 Trust (the "2013-A Assignment and Assumption Agreement").
`6. Servicing Agreement amongthe NYCTL2014-A Trust (the "2014-A Trust"), as Issuer,
`the Servicer and the Bank as Paying Agent and Collateral Agent and Custodian, dated as
`of June 2, 2014 (the "2014-A Servicing Agreement"), assigned to the 1998-2 Trust along
`with certain real property tax liens held by the 2014-A Trust pursuant to a certain
`Assignment and Assumption Agreement, dated as of April 30, 2016, between the 2014-A
`Trust and the 1998-2 Trust (the "2014-A Assignment and Assumption Agreement").
`7. Servicing Agreement amongthe NYCTL2015-A Trust (the "2015-A Trust"), as Issuer,
`the Servicer and the Bank as Paying Agent and Collateral Agent and Custodian, dated as
`of June 1, 2015 (the "2015-A Servicing Agreement"), assigned to the 1998-2 Trust along
`with certain real property tax liens held by the 2015-A Trust pursuant to a certain
`4148-7387-5027
`FILED: BRONX COUNTY CLERK 04/30/2025 07:32 PMINDEX NO. 818234/2024E
`NYSCEF DOC. NO. 15 RECEIVED NYSCEF: 04/30/2025
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`Assignment and Assumption Agreement, dated as of December 31, 2017, between the
`2015-A Trust and the 1998-2 Trust (the "2015-A Assignment and Assumption
`Agreement").
`8. Servicing Agreement amongthe NYCTL2016-A Trust (the "2016-A Trust"), as Issuer,
`the Servicer and the Bank as Paying Agent and Collateral Agent and Custodian, dated as
`of June 1, 2016 (the "2016-A Servicing Agreement"), assigned to the 1998-2 Trust along
`with certain real property tax liens held by the 2016-A Trust pursuant to a certain
`Assignment and Assumption Agreement, dated as of October 31, 2018, between the 2016-
`A Trust and the 1998-2 Trust (the "2016-A Assignment and Assumption Agreement").
`9. Servicing Agreement amongthe NYCTL2017-A Trust (the "2017-A Trust"), as Issuer,
`the Servicer and the Bank as Paying Agent and Collateral Agent and Custodian, dated as
`of June 1, 2017 (the "2017-A Servicing Agreement"), assigned to the 1998-2 Trust along
`with certain real property tax liens held by the 2017-A Trust pursuant to a certain
`Assignment and Assumption Agreement, dated as of December 31, 2019, between the
`2017-A Trust and the 1998-2 Trust (the "2017-A Assignment and Assumption
`Agreement").
`10. Servicing Agreement amongthe NYCTL2018-A Trust (the "2018-A Trust"), as Issuer,
`the Servicer and the Bank as Paying Agent and Collateral Agent and Custodian, dated as
`of June 1, 2018 (the "2018-A Servicing Agreement"), assigned to the 1998-2 Trust along
`with certain real property tax liens held by the 2018-A Trust pursuant to a certain
`Assignment and Assumption Agreement, dated as of June 30, 2021, between the 2018-A
`Trust and the 1998-2 Trust (the "2018-A Assignment and Assumption Agreement"). .
`11. Servicing Agreement amongthe NYCTL2019-A Trust (the "2019-A Trust"), as Issuer,
`the Servicer and the Bank as Paying Agent and Collateral Agent and Custodian, dated as
`of August 15, 2019 (the "2019-A Servicing Agreement"), assigned to the 1998-2 Trust
`along with certain real property tax liens held by the 2019-A Trust pursuant to a certain
`Assignment and Assumption Agreement, dated as ofFebruary 28, 2023, between the 2019-
`A Trust and the 1998-2 Trust (the "2019-A Assignment and Assumption Agreement").
`12. Servicing Agreement amongthe NYCTL2021-A Trust (the "2021-A Trust"), as Issuer,
`the Servicer and the Bank as Paying Agent and Collateral Agent and Custodian, dated as
`of January 3, 2022 (the "2021-A Servicing Agreement"), assigned to the 1998-2 Trust
`along with certain real property tax liens held by the 2021-A Trust pursuant to a certain
`Assignment and Assumption Agreement, dated as of October 31, 2024, between the 2021-
`A Trust and the 1998-2 Trust (the "2021-A Assignment and Assumption Agreement").
`4 148-73 87-5027
`FILED: BRONX COUNTY CLERK 04/30/2025 07:32 PMINDEX NO. 818234/2024E
`NYSCEF DOC. NO. 15 RECEIVED NYSCEF: 04/30/2025
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