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� � r ��14�471� <br /> , . . <br /> � 4.� � { M <br /> ► <br /> .� � <br /> i <br /> In consideration of the mutual promises and agreem�nts ex�hanged, the par�ies hereto agree as <br /> follows�no�vvithstanding anything to the contra�y contained in the Note ar Security Instrument}: <br /> 1. As af, JA111UARY 1, 2414, the amount payabl� under the Note and the Security Instrument�the <br /> "Unpaid Principal Balance"} is U.S. $82,289.13, consisting of the unpaid amount�s}loaned to <br /> Borrower by Lender p�us any interest and other am�unts capitalized. <br /> 2. Borrower prorn ises to pay th�Unpaid Principal Balance, plus interest, to the order of Len�er Interest <br /> wil� be charged on the Unpaid Principal Balance at the yearly rate of 4.25U4°/o, fram�ANUARY 1, <br /> ZU14. Borrower promises to make rnonthly payments of principal and interest of U.S. $ 444.81, <br /> beginning on the 1 ST day of FEBRUARY,ZU�4, and continuing thereafter on the same day vf each <br /> succeeding month until principal and interest are paid in fuil.The yearly rate of 4.250U°/o will remain <br /> in effect until principal and interest are paid in fu�l. �f on JANUARY 1, 2444 �the"Maturity Date"}, <br /> Borrow�r st��l owes amounts under the Nate and the SeCurity Instrument, as amended by this <br /> Agreement,Borrower will pay these amounts in full vn the Maturity Date. <br /> 3. If ali or any part of the Property or any interest in the Property is sold or transferred�or if Borrower is <br /> not a naturai persan and a beneficial interest in Borrower is sold or transferred}without Lender's prior <br /> written consent, Lender may require �mmediate paymen� in full of all sums secured by th� Security <br /> Instrument. <br /> If Lender exercis�s this aption, Lend�r sha�l gi�e Borrow�r noti�e of acceleration. The noti�e shall <br /> pro�ide a period of nvt less than 3� days from the date the natice is deli�ered or rnailed within which <br /> Borrower mus�pay all sums secured by the Security Instrument. If Borrow�r fails to pay these �ums <br /> priQr to the expiratian af this period, Lender may in�oke any remedies permitted by the Security <br /> Instrum�nt wi#hout further natice or demand on Borrawer. <br /> 4. Borrawer also wii� comply with ail other co�enants, agreements, and requiremen�s af the Security <br /> Instrument, including without limi�atian,Borrower's ca�enants and agreements to make a11 payments <br /> of taxes, insurance premiums, assessments, escraw it�ms, impounds, and all other payments that <br /> Bvrrower is obligated #o make under the 5ecurity Ins�rument; hovve�er, the following terms and <br /> pra�is�vns are fore�er canceled,null and�oid,a�of the date specified in paragraph No. 1 abo�e: <br /> �a} all terms and pro�isions of the Nate and Se�urity Instrument �if any} pro�iding for, <br /> irnplementing, ar relating to, any change or ad3ustment in the rate �f interest payable under the <br /> Note, including, where applicable, the Time�y Payment Rewards rate reduction, as described in <br /> paragraph 1 of the Timely Payment Rev�ards Addendum to Not� and paragraph A.1. of the <br /> Timely Payment Rewards Rider. By executing this Agreement, Borrower wai�es any Time�y <br /> Payment Rewards rate reduction to which Borrower may ha�e atherwise been entitled;and <br /> (b} atl terms and pro�isions of any adjustable rate rider,or Timely Payment Reward5 Rider, where <br /> applicable, �r ather ins�rument or document that is affixed to, whol�y or partially incarporated <br /> into, or is part of, the Note or Secur�ty Instrument and that cantains any such terms and <br /> pro�isions as�hose referred to in�a}abfl�e. <br /> 5. If the Borrower has,since inception o�this loan�ut prior to this Agreement,recei�ed a di5charge <br /> in a Chapter 7 bankrup�cy,�nd there ha�ing been no�alid rea#`f�rmation of the underlying deht, <br /> by entering into this Agreement, the Lender is nnt attempting tn re-establish any personal <br /> liability for the underlying debt. <br /> FHAIVA HUD-HAMP Lvan Madificativn Agreement 1�242Q 13_111 WD1Z106.1 99�Z426192 <br /> First Amer�can Mortgage 5er�ices Page 2 <br />