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2 0 1 303910 <br />(2) My modified loan will have a fixed interest rate that will not change. As a <br />result, if the interest rate in my Loan Documents could go up and down <br />based on changes in an index, my new fixed interest rate might <br />sometimes be higher than I would have paid before this modification. <br />B. All persons who signed the Loan Documents or their authorized representative(s) <br />have signed this Agreement, unless (1) a borrower or co- borrower is <br />deceased; (2) the borrower and co- borrower are divorced and the Property has <br />been transferred to one spouse in the divorce decree, in which event the <br />spouse who no longer has an interest in the Property need not sign this <br />Agreement (although the non - signing spouse may continue to be held liable <br />for the obligation under the Loan Documents); or (3) the Lender has waived <br />this requirement in writing. This Agreement may be executed in separate <br />counterparts, each of which shall be deemed an original. <br />C. This Agreement supersedes the terms of any modification, forbearance, trial <br />period plan, or workout plan that I entered into with Lender before the date of <br />this Agreement. <br />D. Except to the extent modified by this Agreement, I will comply, with all <br />covenants, agreements, and requirements of the Loan Documents, including <br />(but not limited to) my agreement to pay, all taxes, insurance premiums, <br />assessments, Escrow Items, impounds, and all other similar obligations, the <br />amounts of which may change in accordance with the terms of my Modified <br />Loan Documents. <br />E. The Modified Loan Documents are duly valid, binding agreements, enforceable in <br />accordance with their terms and are hereby ratified and confirmed. <br />F. All terms and provisions of the Loan Documents, except as expressly modified <br />by this Agreement, remain in full force and effect. Nothing in this Agreement <br />satisfies or releases any obligation in the Loan Documents. Except as <br />expressly modified by this Agreement, I will be bound by, and will comply with, <br />all of the terms and conditions of the Loan Documents and this Agreement. <br />G. I will fully cooperate with Lender in obtaining any title endorsement(s) or <br />similar title insurance product(s) and /or any subordination agreement(s) that <br />are necessary or required by Lender's procedures and /or the Program to <br />ensure that the Mortgage, as modified by this Agreement, is in first - priority lien <br />position and is fully enforceable. The terms of this Agreement will not become <br />effective, and this Agreement will be null and void, if Lender does not receive <br />such title endorsement(s), title insurance product(s), and /or subordination <br />agreement(s) on or before the Modification Effective Date. <br />1111111111 II III 11111 11111 11111 11111 11111 11111111111 H 11 I IIII 1111 +USC +FHAH M P+81 11111 11111 11111 1119711 55 III U <br />111111111111111111111111111111111111111111111111111 <br />20830827 <br />Page 4 <br />