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201603896
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Last modified
7/24/2017 2:15:17 PM
Creation date
6/24/2016 8:36:02 AM
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DEEDS
Inst Number
201603896
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' ` 2� 1 ��389� <br /> a. AII payments set forth in the Paymen� Schedule under the Loan Modification Trial <br /> P1an Agreemen� mus� have been made according �o the Payment Schedu�e; <br /> b. Th� Properly has no physical conditi�ns that wil� adversely affect the Borrov�rer's <br /> continu�d use of the Property or interfe�e ���h the Borro`rver's abi�ity to make <br /> payments as required under the Loan Madifica�ion Agreemen#; <br /> c. The Borrower �one o� mor�} is accupying the Praperty as the Borrower's primary <br /> residence; <br /> d. The Lender remains �n first fien pasitian and �h�re are no �utstanding liens <br /> andlor judgments aga�nst the �roperty <br /> The Borrawer acknow�edges and agrees that in the event the cond�tions s�t forth in <br /> this paragraph are not satisfied, this Loan Mvdificativn Agreem�nt shall become nu�l <br /> and void unless otherwise express�y agreed by Lender in �nrriting. In the event th�s <br /> Loan Mod�f cation Agreement �ecomes nu11 and void as set forth in this paragraph, <br /> Borrower acknov�vledges and agrees a�l provisions of th� Loan Documenfs shal� <br /> cont�nue in full force and effect and Lender sha�� be under no obligation to modify any <br /> provis'ron of th� Loan Documents under�his Agre�men�. <br /> �. PIace of Pavment: <br /> , <br /> Borrawer agr�es to make payments at the follo�nring add�ess or such other p�ace as the <br /> Lender may require upan wr�tten nottce to Borrower: <br /> MidIand M�rtgage--A Divis�on of MidFirst Bank <br /> Attn: Cash�ers <br /> P.�. Box�68888 <br /> �klahoma �i#y, �K 7312�--88$8 <br /> l. Ad'ustahle Rate Loan Prorrxsions �n Note: <br /> If the interest rate in �he Int�rest Ca�culat�on sectian of�his Agreement is calcula�ed as <br /> prvvided in the Note, any rate and payment adjustment pro�lsions in the Note wiil app�y. <br /> !f the interes� rate �n �he Interest Calcuiat�on section of th�s Agreemen� is fxed, any rate <br /> and paym�nt adjustment proW�sions in the Note will not app�y. <br /> 8. Sa1e or Transfer of Propertv bv Barrower: <br /> �.�, - - - <br /> a. If all ar any part of the Property or any �n#erest in it is svld or transferred �or, if <br /> Borro�rer �s not a natural person, any benefcial interest �n Borrower is so[d or <br /> transferred} without the Lender's prior writ�en cansent, Lender may require <br /> �mmediate payment in full of all sums secured �y this Secur�ty lnstrument. <br /> b. If Lend�r exercises this opt�on, L�nder shaii giv� Borrower no�ice of acceleratian. <br /> The natice shal! provide a period of nat less than 3� days from the da�e the nvt�ce Es <br /> delivered or maiied within which Barrower mus� pay a1� sums secured by the Security <br /> lnstrument. If Borrvwer fai�s to pay these sums prior to the expiration of the <br /> designated period, Lender may in�ok� any remedies p�rm�tted �y #he Security <br /> jnstrument withaut further notice or demand on Borrower. <br /> Borrower lnitiai Lines <br /> �� <br /> Page 4 af#he Loan Modification Agreement '�Please add the appropriate number of in�tial lines for each <br /> �rder iVumber:'1�078D31 signatory ove�4 <br />
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