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201400766
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Last modified
7/20/2017 10:17:39 AM
Creation date
2/10/2014 2:08:40 PM
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DEEDS
Inst Number
201400766
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� , <br /> ■ , <br /> � ��14��7�� <br /> , � <br /> �ereaft�r. �Iodif ca#ian Fees and Unpa�d Fees and Ca�ts are nat �nclud�d in the <br /> �Iladified Principa� Ba�ar�c�bu�remain d�� a�d �win� as �ar�of the debt secured by th� <br /> �e�urity �n�trum�n�. ��rrorrve�agre�� �nd acknawte�ges that B�rrow�r re��ived nvtice <br /> of !�#vdifi�cation Fees and Unpa�d Fees and Gosts due as af a dat� certain pnor to <br /> exe�utian af th�s Agre�rr��n#. <br /> 3. ��n����s�_�������#i�n� <br /> In#er�st vv�t� �e caiculated a#a fixed year��r i�ter�st rate of 4.875�f� <br /> 4. Pa �n#Ar�no nts Time of Pa n#s And Matwri L3a e: <br /> a. Bvrr�wer acknvw��dges ar�d agrees that E3vrr�w�r sha�l, I�inning �n '11'�1��14 <br /> thr�ugM#he Mat�nty �ate, mak� manthl� paym�nts af�J.S. �31�.78 f�r pr�n��a! and <br /> interest�nd sh�lf c���r�ue to make su�h payments in �cx�ordance vvi�the tefms and <br /> c;vndit��ns set forth �n th� L�a� Da�uments unt�1 the Mod�fied P�nc�pa� Sa�ance �s <br /> pa�d in f�l�, <br /> h. An Es�rnv�r a�caunt has b�en est�bl�shed undsr��t�r�S an�cc�nd�t��ns vf th� Note <br /> and �ther Loan Documen�s. B�rrower rn►i�l make an Escrow paym�nt�ach mar�th on <br /> ea�h pa�ment d��date. T�e Escraw paym�nt��rr�ntly�s�Z'I�1.�8 psr�rranth, wh�ch <br /> is ��b�ect t� chan�� d�pe�d�ng ar� the am�unts attri�ut�le ta taxes, insurance �nd <br /> other escrv�► �tems �s prov�dsd her��n. The pr�s�nt com�ined l�onth�y Payment <br /> and Escr��nr f�ayment wil� be �531.Ds. Ths Escrow p�ym�n� w�l# �e r�-ana�yzed <br /> frorr� �me tQ t�me in acoordance w�th �he te�s of the Not� and ather �oan <br /> D�cuments ta deterrr�ine if t,�ers �s any change in th� amaunt due �o changes �n <br /> amounts du�for taxe�, insuran�e and ath�r�s�raw�t�ms and said Es�a�r payrr�nt <br /> w�l� h�cor�bin�d with the m�nth�y��yrr�er��esta����h�ed in �'�ra�rapM 4 here�n. <br /> c. The �I�latu�t� Dat� of th� �.o�� is �x#�nded#0 4l11��43. �f on the new Maturity D���, <br /> Borrower sti�1 aw�s amounts ta the Lender, Sarrower w�1� �ay thes� amvunts in fulf <br /> on�h�Matur�t�Date. <br /> d. B�rrower acknov►��ed�es that any rr�on�es paid ir� �x�ess af th� pay�ne►�t am�unts s�t <br /> f�rth in the Payrr�ent�ch�dule �nder t�e Loan M�d�fi�t��n Tria� F'ian A�greement w�il <br /> not be app�ied to #he ��an un�i� after �is Loan Mv�d�f��at�on A�r��er�nent bec�me� <br /> eTf��e, at wh��h#ame �ny mvnir�s paid �n excx:ss �f tne pa�e�t a�nounts r�qu�re� <br /> to I�� pa�d as s�t forth �n the Loan M��fi�a�on Tria� Pl�n Agreement will be app�i�d <br /> to th�I�an �n ac�ordan�e with tM�Loan Docum�nts. <br /> � � . . <br /> . <br /> . <br /> The Barrower acknowl�d�es ar�d agrees th�s Loan Modifi+�atiar� is s�b���t �o t�� <br /> fa��ow�n�, �ond�tions, whic�mt�st exist at th�t��e tF�e Laan M�difi�t�ar�is���cuted: <br /> a. All �ayments se#forth �n the Pay�m�nt Schedule under the Laan M�dificat�on Tria� <br /> Pla�Agr�eme�t m�xst be ha�� been mad�according to the Paym�r�t 5ct��duie; <br /> b. 'fhe Prope� has na ph�sical conditivns�at►�vi�l a�v�rs�l�r aif�ct the Barrc�wer's <br /> continued use of th� Pr�perty or interf�r�e with th� Borrower's ability to make <br /> paym�nts as requir�ed under th�L�a� M�difi�at��n; <br /> c. Th�B�rrower�s�pying tl�e F'raperty as th�Sarrc�v��`s �rimary res�d�n�e; <br /> Borrow�r Initi�!Lines <br /> P�3 a�the L�an Mc�dific�tivn A�eement '"P[�:asa add'�e�appropriate number o#ini�e��in <br /> Qr+der Number:8557�14 �igr�atory�vgr� <br /> NIEI�S M�N:'!D�73334'1��q�3� M�R��t�ne'!-�88-5?9-63?7 <br />
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