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Months Interest Rate Interest Rate Monthly Principal Monthly Escrow Total Payment Number of Change Date and Interest Payment Monthly Begins On Monthly Payment Amount Amount* Payment* Payments 1 - 172 3.9200% 12/01/2014 $192.94 $0.00 $192.94 01/01/2015 172 Adjusts annually after year 1 A. The New Maturity Date will be: APRIL 1, 2029. 201408110 B. The modified Principal balance of my Note will include all amounts and arrearages that will be past due as of the Modification Effective Date (including unpaid interest, fees, escrow advances and other costs, but excluding unpaid late charges, collectively, "Unpaid Amounts ") less any amounts paid to the Lender but not previously credited to my Loan. The new Principal balance of my Note will be $28,906.11 (the "New Principal Balance "). I understand that by agreeing to add the Unpaid Amounts to the outstanding principal balance, the added Unpaid Amounts accrue interest based on the interest rate in effect under this agreement. I also understand that this means interest will not accrue on the unpaid interest that is added to the outstanding principal balance, which would not happen without this Agreement. C. $3,548.25 of the New Principal Balance shall be deferred (the "Deferred Principal Balance ") and I will not pay interest or make monthly payments on this amount. The New Principal Balance less the Deferred Principal Balance shall be referred to as the "Interest Bearing Principal Balance" and this amount is $25,357.86. Interest at the rate of 3.9200% will begin to accrue on the Interest Bearing Principal Balance as of DECEMBER 1, 2014 and the first new monthly payment on the Interest Bearing Principal Balance will be due on JANUARY 1, 2015. My payment schedule for the modified Loan is as follows $0.00 of my outstanding Interest shall be deferred. It will not accrue additional interest and I will not make monthly payments on this amount. This amount will become due when I pay off the modified loan, which will be when I sell or transfer an interest in the house, refinance the loan, or when the last scheduled payment its due. $0.00 of my outstanding Corporate Advances, $0.00 of my outstanding Escrow Advances and $0.00 of my outstanding Property Preservation Fees shall be deferred and I will not pay interest or make monthly payments on this amount. This amount will become due when I pay off the modified loan, which will be when I sell or transfer an interest in the house, refinance the loan, or when the last scheduled payment its due. My payment schedule for the Modified Loan is as follows: My payment schedule for the modified Loan is as follows: The above terms in this Section 3.C. shall supersede any provisions to the contrary in the Loan Documents, including but not limited to, provisions for an adjustable or step interest rate. D. I will be in default if I do not comply with the terms of the Loan Documents, as modified by this Agreement. E. If a default rate of interest is permitted under the Loan Documents, then in the event of default under the Loan Documents, as amended, the interest that will be due will be the rate set forth in Section 3.C. 4. Additional Agreements. I agree to the following: US Bank Custom Program 10 2nd Lien Loan Modification 01142014_102 2900187442 First American Mortgage Services Page 3