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. <br /> a <br /> r ' � ��14�5��� <br /> r <br /> . <br /> �'a��el#4����9G�2 <br /> �F�ere�n �efined as"Proper�y"}. <br /> Capita�Ezed Am�unt� $q.D� <br /> Barrower is in defac�lt or at �mmin�n# r�sk of defa�lt unc�e� th� L�an Dacur�nents a�d ��s��es #he <br /> Lender fflrbear from the �xer�ise of its r��hts under th� Laan Dvcuments, to extend ar rearrange <br /> �he t�me and manner of repayment or payment of the Note and other �biigat�ans due to L�nder <br /> under fihe Laan �ocumenfs and fo �xtend and carry forward the lien�s} on #he F�roper#y, whether <br /> created �� tne 5ec�rity �ns#r�ment ar vthe�nr�se. �ender, the legal hvl��r�f the Nate and of the <br /> �i�nts} secu�ing the sam�, has agreed to th� request of the Borrower#o so fo�hear, to extend or <br /> rearrange the time and manner of payment of the Nate and ta grant certain v�her fnancial <br /> ac��mmoda#�vns pursuant tv th�terms of this�lgr�em�nt. <br /> In cansidera�ivn vf the mutual pramises and agr�ements ex�hanged, and oth�r goad and <br /> �aluable considera�ian paid by each �f �h� parties fa �he ofher, th� rece�pt and suff�i�ncy of <br /> which �s h�reby acknQw�edged, �he pa�ti�s �ereto agree to m�difj�, r�new and ext�nd �h� Nate <br /> and Security instrum�nt and any other Loan Do�umer�ts, as foli�ws �na�withstanding any�hing to <br /> �he con�rary cont�ined �n #he No#e or 5ecurity Instrumen�} <br /> '1. Acknovrrled Qment Qf Un aid Princi a� Ba�anc� and Ex enses: <br /> Svrrvwer ackn�v�►led�es that as of��1��1���4 the Borrower�w�s the Lender$73,fi5�.'�'T <br /> t"unpaid Balance"�, in additian ta the vther fee�, charges and expenses describe� �n <br /> paragraph z h�reof. The U npaid Balan�e includes unpaid pr�ncipal af$7�,5�8.7'7, unpaid <br /> in��res�of$�,���.7D, es�raws adva�c�� �f$�,��9.75, and cert�in un�aid fee� of$D.��, <br /> less $324.�5 in suspens�funds, <br /> 8orrov�►er acknowfedges #hat $�,3$?.3� of th� �npaid Balance shal� �e def�rred ��he <br /> "D�€erred Bala�c�"} and ��paid #n HUC� a�cord�ng tv the terms of the HUD Partial Claim <br /> wh�ch is memoria4ized in a Prvmissory No�e and Subordinate MortgagelD�ed of Tr�st <br /> bet►nreen Borro►rver an� the Department of H�us�ng and Urban De�e(opment <br /> �"F�UD"}�"HL�D Partiai ��a�m Dacumen#s"�. Borrow�r sha�l r�ot be r�auired #� rr�ake <br /> nn�nth�� pa�men#s �n �he Deferre� Balance �ut rather shalf r�pay that amou nt ta H U D <br /> accard ing �o the t�rms of the H U D Partiai C�a�m D�cuments. <br /> After app�ication af the Def��red Ba�ance, �he amoun#awed �y Barrower under the terms <br /> �f this Mod�fi�at�on Agreerr�er�t is $?1,�fiS.87, ("IU�odified Principaf Bal�nce"}. Borr�wer <br /> herehy renews, ex#�nds and prvm�ses t� �ay �he Modifed Prin�ipal Ba�ance, plus <br /> in�erest, to the ard�r �f L�nd�r. Interest will �e charg�d vn the Modified Prin�ipal <br /> Ba�anc� un�ii #h� full amount af �he Modifed F�rincipa� Balan�e and �he ot�er arr�our��s <br /> d�e hereund�r and und�r #he Lvan Documents hav� been paid in accordance with the <br /> terms and conditivns of the Loan Documents, as m�dified hereby. AI� �eferences �n the <br /> L�an Documents to "Princ�pal" shall be deem�d tv refer �a ��e Modifed f'rincipal <br /> Balan�e. <br /> Borrower I i�ia!Lines <br /> Page 2 of the Loan Modification Agreement *Pl�ase add the appropriate number af initEal Iines for each <br /> �rder Number:8958858 s�gnatary o�sr 4 <br /> M�RS MfN:'i�U052200��416'i098 MERS Phone 1-888-679-s377 <br />