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201405062
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Last modified
7/20/2017 8:19:44 PM
Creation date
8/18/2014 11:20:19 AM
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DEEDS
Inst Number
201405062
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. � <br /> . <br /> ` ` ��14�5��� <br /> . <br /> � <br /> �. Acknawied ement of Un aid Fe�es a�nd �osts: <br /> The Borr�wer F�as agreed �o pay a�l au�s�anding �a�e charges, recor�ing fees, ti�le <br /> �x�minativn, attorney's fees and other c�sts, fees and e�cpenses �h� Lender in�urred as <br /> a resul� of�his modificatifln, as w�li as ali other cos#s, f�es and expenses nvw due and <br /> �wir�g o� #he �Qan �lus such c�ther charges; costs, �ees and �xper�ses incurred h�reafter <br /> ��he"F�es and �osts"}. <br /> The Lender has agr�ed to pos#p�ne �he c�llectian vf the outsfanding Fees and Cos�s <br /> that are nvt paid �n advance and fhat are not in��uded �n #he Mod�fied Prin�ipal Bafance <br /> as se�forth in paragraph 1, a�� of which rema�n due and payab�e t� the Lend�r and shall <br /> �� paid by the Borr�wer, with interesf as permitted by the Loan Dvcumen�s. Said Fees <br /> and ��sts shall �e payable to the L�r�de�vn demand of Len�er and s�a�l �e secure� b� <br /> �he Security Instrument to the �xt�nt sv prQ��ded in the Security lnstrumen� and <br /> ofheniv�se �ermiss�ble under app�icable �aws and requirements. <br /> 3. Interest Ca��ulation: <br /> Interest wi�� �e ca�culated at a fixed yearl� �n�erest rate of 4.�25°/Q. <br /> 4. F'a rx�ent Ar�o�nts �ime of Pa ments And Nlaturi Date: <br /> a. Borrower acknowledges and agrees that S�rr�wer shail, beginn�ng on 7l'�12Q'i4, <br /> thraugh the Maturity Date, make mvn#hly payments of U.5. $366.4� f�r prin�ipal and <br /> interest and sha�l con#�r�u�#o make su�h payments in ac�o�dance with �he terms and <br /> condi#i�ns se# forth in th� Loan Documents untii the M�dif�d Princ�pa� Balan�e is <br /> paid in full. <br /> b. An �scrov�account has b�en establis��� under the�erms and conditians of#he Nate <br /> and �ther Loan aocuments. Borrovve�wiil make an Escrow paym�nt each month on <br /> eaGh payment due date. The Escr�w payment currer�tl� is $�5�.�� �er mor��h, w��ch <br /> is subject t� change �ep�nding an the amounts attributable ta taxes, insurance and <br /> oth�r escrow items as prv�ided herein. The present cam�ined �Ilont�ty Payment <br /> and Escr�w Paym�nt wil! be $G'18.5'I. The e�crow paym�nt ►rvill be re-analyzed <br /> from time to time in accordance with the t�rms of#h� Loan D�cuments �v de�erm�ne <br /> tne ap���pr�a�e escro►nr �a�ment am�un� so tt�a# tax�s, insurance, an� o�her escrow <br /> items may �e pa�d apprvpriately. The escrow paymen�amvunf v►ri�l be com�ined with <br /> �he mon�hly principa� and interest payment amount. <br /> �. The Niatur�ty Date af the L�art is extended �o fi!'112�44. lf on th� nev� Maturi�y Dater <br /> Sorro►rv�r s�ill awes amounts #a the Lender, Barrow�r wilf pay these amounts in full <br /> an �he IViatur��y Qat�. <br /> 5. P�ace of�a m�nt; <br /> �� � � <br /> Sa��Q�ver agrees to make payments a# the foll�w�n� add�ess or such �ther place as th� <br /> Lender may require: <br /> Midland Mortgage -A Di�isivn nf MidFirst Bank <br /> Borrvw�r I tial Lines <br /> Page 3 af the Laan Modifica�ion Agr�em�nt *Please add the apprvpriate number flf initia!lines far each <br /> �rder Numher:8958858 signa�ory over� <br /> MERS MIN:��n45�2���3�4'I B'I�98 MERS Phone'�-888�G79-6377 <br />
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