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20]204855 3. Interest Calculation: Interest will be calculated at a fixed yearly interest rate of 4.375%. 4. Payment Amounts, Time of Payments And Maturity Date: a. Borrower acknowledges and agrees that Borrower shall, beginning on 6/01/2012 through the Maturity Date, make monthly payments of U.S. $362.26 for principal and interest and shall continue to make such payments in accordance with the terms and conditions set forth in the Loan Documents until the Modified Principal Balance is paid in full. b. An Escrow account has been established under the terms and conditions of the Note and other Loan Documents. Borrower will make an Escrow payment each month on each payment due date. The Escrow payment currently is $232.34 per month, which is subject to change depending on the amounts attributable to taxes, insurance and other escrow items as provided herein. The present combined Monthly Payment and Escrow Payment will be $594.60. The Escrow payment will be re -analyzed from time to time in accordance with the terms of the Note and other Loan Documents to determine if there is any change in the amount due to changes in amounts due for taxes, insurance and other escrow items and said Escrow payment will be combined with the monthly payment established in Paragraph 4 herein. c. The Maturity Date of the Loan is extended to 5/1/2042. If on the new Maturity Date, Borrower still owes amounts to the Lender, Borrower will pay these amounts in full on the Maturity Date. d. Borrower acknowledges that any monies paid in excess of the payment amounts set forth in the Payment Schedule under the Loan Modification Trial Plan Agreement will not be applied to the loan until after this Loan Modification Agreement becomes effective, at which time any monies paid in excess of the payment amounts required to be paid as set forth in the Loan Modification Trial Plan Agreement will be applied to the loan in accordance with the Loan Documents. 5. Acknowledgment of Pre -Existing Conditions to Loan Modification: The Borrower acknowledges and agrees this Loan Modification is subject to the following, conditions, which must exist at the time the Loan Modification is executed: a. All payments set forth in the Payment Schedule under the Loan Modification Trial Plan Agreement must be have been made according to the Payment Schedule; b. The Property has no physical conditions that will adversely affect the Borrower's continued use of the Property or interfere with the Borrower's ability to make payments as required under the Loan Modification; c. The Borrower is occupying the Property as the Borrower's primary residence; d. The Lender remains in first lien position and there are no outstanding liens and/or judgments against the Property Page 3 of the Loan Modification Agreement Bort Order Number. 7132397 'Please add the appropriate number of initial lines for each si' gn'atory over 4