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1 <br />Years Interest Interest Monthly Estimated Total Payment Number of <br />Rate Rate Principal Monthly Monthly Begins on Monthly <br />Change and Escrow Payment* Payments <br />Date Interest Payment <br />Payment Amount* <br />Amount <br />1 - 30 4.500% 03/01/2014 $250.12 $239.08 $489.20 04/01/2014 360 <br />May adjust May adjust <br />periodically periodically <br />*The escrow payments may be adjusted periodically in accordance with applicable law <br />and therefore my total monthly payment may change accordingly. <br />The above terms in this Section 3.C. shall supersede any provisions to the contrary in the <br />Loan Documents, including but not limited to, provisions for an adjustable or step interest <br />rate. <br />I understand that, if I have a pay option adjustable rate mortgage loan, upon modification, <br />the minimum monthly payment option, the interest -only or any other payment options will <br />no longer be offered and that the monthly payments described in the above payment <br />schedule for my modified loan will be the minimum payment that will be due each month <br />for the remaining term of the loan. My modified loan will not have a negative amortization <br />feature that would allow me to pay less than the interest due resulting in any unpaid <br />interest to be added to the outstanding principal balance. <br />D. I will be in default if I do not comply with the terms of the Loan Documents, as modified by <br />this Agreement. <br />E. If a default rate of interest is permitted under the Loan Documents, then in the event of <br />default under the Loan Documents, as amended, the interest that will be due will be the <br />rate set forth in Section 3.C. <br />4. Additional Agreements. I agree to the following: <br />A. That all persons who signed the Loan Documents or their authorized representative(s) <br />have signed this Agreement, unless (i) a borrower or co-borrower is deceased; (ii) the <br />borrower and co- borrower are divorced and the property has been transferred to one <br />spouse in the divorce decree, the spouse who no longer has an interest in the property <br />need not sign this Agreement (although the non - signing spouse may continue to be held <br />FHA/JPMC MODIFIED MULTISTATE HOME AFFORDABLE MODIFICATION AGREEMENT — Single Family — Fannie <br />Mae /Freddie Mac UNIFORM INSTRUMENT ver. 02_04_2014 11_45_38 WF466/Form 3157 3/09 (rev. 2- 23 -10) <br />P . <br />NAM <br />1 <br />201 401 400 <br />Loan Number 1018196732 <br />10.2013 CR4063 CR4064 CR4127 <br />(page 4 of 10 pages) <br />