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' ' 2� 1 ��384� . . , . � B. i understan� tihat the LQan Docurnents wi�l not be modified unless and untiI (i} I recei►ve from the Lender a c�py of this Agreement sign�d by the Lender, and tii��he Modif cation Effective Da�e(as def ned i n S ectian 3} has accurred. I further understand and agree that the Lender wi 11 not b� obli�at�d nr bound to rnake any modif cation af the Loan Documents if I faif to mee�any one of the reauirernents under this Agreement. C, Tf included, the undersigned borrav�ver�s} a�cknowledges recei�t and acceptance af�he Natice of Special Flaod Hazard disclasure. 3. The Modif cation. if my representations in Section 1 continue t�be true in aIl materiat respects and a�1 prec�nditions to the modification set fnr�h in Section � have been met, the Loan Dacuments will automaticaZ�y become modified on JUNE 1,�U16 and a11 unpaid late charg�s that remain unpaid w�ll be waiWed. I understand that if I ha�e failed to rnake any payments as a precandition t� fhis modificatian under a Mvrtgag� Assistance or triat period plan,this modification wil� not take effect.The firs�modifed payment wil�be due on JUNE 1,2016. . A. The new Maturity Date will be:flCT�BER 1,2U3U. B. The modified principal balance of my Note wi!1 include amounts and arrearages that wil l be pas� due as of the Modification Effecti�e Date �including unpaid and deferred interest, fees, es�row ad�ai�ces and nther costs, bu� excludir�g unpaid late charges, �valua�ion, property pres�r�ati�n, and other charges not permitted under tl�e t�rms af the HAMP modification, coilecti�ely, "Unpaid Amounts"} less any amounts paid to the Lender hut not pre��ous�y credited to my Loan and less Principai in the amount of�335.78 which has been forgiWen.The ne�v principal balance nf my Note wi�l be �Z4,64�.9G�the"New Principa� Balance"}. I understand that b}r agreeing to add the Unpaid Amaunts to the outstal�ding principal hala.nce,the added Unpaid Amou�its aecrue interest based on the interest rate in effect under this Agreemen�. � also understand that this means interest wi�i now � accrue on the unpaid Interest that is added to the outstand ing principai balance, which would not happen with�ut this Agreement. �. Interest at the rate of 2.0000% wi�l begin to accrue on the New Princ�pa! Balance as of MAY 1, 241G and the firs� nev�r manthly payment on the New Principal Balance wi�l be due on JUNE 1, 2U15 Interest due an �ach manth�y payment vvill be calculated by rnultiplying the New Pr�ncipal Balance and the interest rate in effect at the tirne of calculativn and di�iding the result b}� twel�e �1 Z}. My payment schedule far the modif ed Loan is as follows: Manths rnteres�Rate Interest Rate MonEhiy Principal Manthly Total Paymenf Change Date and Iaterest Payment Escraw Monthly Begins❑n Payment Payment'� Amount* 60 2.000�% 451D 1120 Z 6 $164.08 $175.69 $3 39.77 D61U 112D 16 12 3.��D0°/o OSIO I IZ42� $17�.73 $�75.69 $347.�2 a610 I12�21 10� 3.625D% D514112U22 �176.12 $175.69 �351.81 06101IZ�ZZ *This includes an escraw sh�rtage amount to be paid o�er the first 6U month term.After your ' modif cation is complete, escrow paymen#s adjus� at least annually in accordance with applicable law therefore,the total monthly payment rt�ay ehange ac�arding�y. Wells Far�o Custum HarYze Affordable Modificaiion Agreement-Non-GSE 1�042�I 5_329 7dg;�� Page 3 .