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' l 2� 1 ��389� <br /> �Here�n defined as "Property"}. <br /> Capitalized Amount: $3,��G.�10 <br /> Borrow�r is in defau�t or at imminent risk of default under the Loan Documents and desires ti} <br /> that �he Lender forbear from exercising its r�ghts under the Loan Dvcuments, ��i} to extend o� <br /> rearrange th� time and manner of payment of fihe Note and ather obliga��ons due ta Lender <br /> under the Loan ❑ocuments, and ��ii} �❑ extend and carry f�rward #he lien�s} an �he Praperty, <br /> wh�ther cr�ated by the Secur�ty Ins�rument or atherwise. Lender, the �egal halder of the No�e <br /> and of the �ien�s} secur�ng the same, has agr�ed �o Bvrrow�r's request to so forbear, to extend <br /> vr rearrange the t�me and manner of paymenf of the Note, and ta grant certa�n other financial <br /> accommodatians pursuant�o the terms of this Agreement. <br /> !n consideratian of �he mutua� pramises and agreements exchanged, and other goad and <br /> valuable consideration pa�d by each �f the parties to the other, the receipt and suff��ency �f <br /> vUhich is hereby acknowledged, th� parties mutua��y agree#v modify, renew and extend th� Note <br /> and Securi�y �ns�rument and any oth�r Lvan �7ocuments, as fo��ows �nofiwithstanding anything to <br /> the confrar�y conta�ned in the Note ar Security Instrument}: <br /> 'I. Acknowledqement of Unpard Balance and Expenses: <br /> f i w ���w rw�.w�ww^i w��i w�r�w ��i i � w.� rw <br /> Borrower acknow�edges that as of a51161�0�� Borrower owes Lend�r th� unpaid <br /> ba[ance of$'I�2,2�0.54 �"Modified Principai Balance"}. The Modified Principal Salance <br /> includes unpaid princ�pal of$�I D9,�184.44, un�aid interest af$'1,�74.�s, es�rov�s <br /> ad►ranced of$'�,4�8.'�9. <br /> Borra►nrer hereby renews, ex�ends and promises fio pay the Modified Principal Balance, <br /> plus interest, to�he order of Lender, lnterest�rvill be charged on the Modified Principal <br /> Balance unt�I the fui! amount of the Madified Pr�ncipal Balance and th� other amounts <br /> due hereunder and under fhe L�an Documents have been paid in accordance w�fih the <br /> #erms and conditions of the L�an Documents, as madified by this Agreemen�. A�i <br /> references in �he Loan Documents�o "Principal"sha1I be deemed ta refer to the Nlodified <br /> Principal BaIance. <br /> Z. Acknornrled ement af Un a�d Fees and Costs: <br /> Borr�wer agrees ta rema�n responsible fvr payment of a�lawab�e costs and fees naw due <br /> and ow�ng �"Unpaid Fees and Cosfis"} plus other ai�owal��e charg�s, costs, fees and <br /> expenses Encurred hereafter, �ncfud�ng late charges incurred after this Agreemen# <br /> becomes effective �tne tatal sum of which is �eferred to as "Fees and Costs"}. �orrower <br /> agrees and acknawledges tha� �orrower received notice of Unpaid Fees and Costs due <br /> as af a date certain prior tv execu�ian of this Agreement. <br /> Bvrrower ini#iaE Lines <br /> � <br /> Page z af the Loan Mod�fication Agreement �'Please add the appropriats number of in�tial lines for each <br /> arder Number:'I OD78031 signatory over 4 <br />