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� � r <br /> . <br /> ' 2� 1 ��5572 <br /> , � . <br /> . <br /> t <br /> � <br /> 2. The l�od�fir.afion. <br /> A. The rnadified princip�l hala��ce of th� Nate �vili inc�ude a�nounts and arrearages tihat �vill be pas� <br /> due as af t��e Modif cati�n Effective Date {v�hich may �nclude unpa�d and deferred interest, fees, <br /> escraw ad��nc�s and other costs, bu� excluding unpa�d tate el�arges, va�ua��on, proper•ty <br /> preservatior�, at�c� ��h�� cl�arge5 not permi�ted under �he terms of t��s nxodifica�Yo�, col�e�tively, <br /> "Un�aid Amaun�s"�less any amo�xn�s pa�d ta the Lender but n�t prev�ousl�r cred�ted ta the modified <br /> loan. The new prineipa� balance of nriy I�iote w�Il b� �100,1SD.�8 �the i`Ne� Frincipa� Bala�ce"}. <br /> Borrpuler t�ndersta��ds that by a�reei��g to add fhe UY�paid �mounts �a the prix�c�pai balar�ce, the <br /> added Unpa�d Amounts accrue interest based on tll� i��erest rate in effect under �hYs Agreem�n�. <br /> Barrc��ver alsa understands that this means interest r�vill now accrue on the unpaid �nteres� �ha� is <br /> added tc�the autstanding principal balance,wh�ch would not happen��it�i�ut this AgreenYent. <br /> B. Interest at the rate of 3.�50a�'/o �ri�l begin �a accru� on the New Frincipal Ba�ance as of <br /> SEPTEMBER 1, �0�6 and the firs� nevv mfln�hly pay�nent an the Ne� Principal Balance ��11 be <br /> d��e o�� flCT�]BER 1, 2�I G Interes� due on each manthiy pa}�ment will be Galculated b� <br /> rnuI�ipIying t�ie New Principal �aIax�ce and the interest ra�e in effec�at the time of calcuIatian and <br /> �i�iding t�ae result by tr,vei�r��1�}. My pa�ment schedule for�he modified Lflan is as fo�Iovvs: <br /> N1ont�is Interest Raf� Interest Rate Man�h�y i'rincipal Man�hly Total Payment <br /> Ci�ange Date and Intcrest Payment Es�row MonthIy Begins Un <br /> Paymenr Payment'� <br /> �maun#* <br /> 3b0 3.2�aU°/v �91U�12(�1 C $43�.gf� $40?.45 $843.3 I 1�ID 112Q I 6 <br /> �After your mod��ic�tian is comp�ete,esero►�v payments�d,�ust afi least�nnua��y in accnrdan�e <br /> with app�i�ab�e Iaw;�lheref�re,the�ota�nnon�hi�payment m��change aGcordi�g�y. <br /> The abo�e terms shal� supersede an� pro�isions fo the contrary in the Lc�an DQct�ments, inc�ud�ng <br /> bu�no�lin�ited to,pro�isiQns for an adjus�able,step or sirnple i�l�er�st rate. <br /> 3. Laan Modifica�ion Terms. <br /> This A.gre�ment hereb�modifies the foliovv�ng terms of th�Loan Dncumen�s as described herein aba�e as <br /> foI�n�s: <br /> A. The curren� contract���.� due da�e has been changed from APRIL �, 2a1G to 4�T��ER 1, �4I6. <br /> The f rsf modi fied cantractual d ue da�e is U�'T(7BER I,2U I6. <br /> B. T��e ynaturit�date is�E�'TEIYiBER 1,2045. <br /> �'. The amnunt of Recaverable Expens�s'��o be capitalized r�rili be U.S. ��,0�. <br /> *R.eco�erable Expenses ITI�y inc�ude, but are t�ot �imited to: T��le, Attorney feeslcosts, <br /> BPC�IAppraisal,andlar Property Preser�ationlFroperty �nspections. <br /> D. Lender��vi�� for�i�e outstar�dia����her Fees U.S. �D.OD. ��her Fees may inc�ude, bu�are not Iimi�ed <br /> �'Vells F3r�a Ct�stoiii N�n HAM�'{3�l(]20�6�3�8 936�������������! <br /> Page a <br />