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201605851
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201605851
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Last modified
7/24/2017 3:24:14 PM
Creation date
9/7/2016 2:45:28 PM
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DEEDS
Inst Number
201605851
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2� 1 ��5851 <br /> My payment schedule for the modified�oan is as follaws: <br /> � � _ , , <br /> Years ;Interest Rate; Interest Rate Monthly Estimated Total Paymen� Number <br /> � � Change Date ! Principal and � Manthly Monthly Begins�n ! of ! <br /> Interest � Escrow Payment � Manthly � <br /> � � Payment �� Payment 'Paymen#s� <br /> Amou nt Amvu nt* � � <br /> ; <br /> � <br /> � � <br /> � � � <br /> � � <br /> `__ � , <br /> ---.__ ------ ------ . <br /> , � , 1 <br /> � 1-Matur�ty 3.875��°/a Q71411��16 � $419.79 �3n9.27, , $729.�6, Q81D11��16 � 36� <br /> i ; � adjusts � ad�usts <br /> annually annually <br /> � � <br /> � � � after year 1 i a#ter year i ; <br /> 1 � � <br /> L. ! - � -- l �. ----- � - l <br /> *The escrnw payments may be ad�usted periodicalfy tn ac�ordance with applicable law and <br /> there#ore my total mvn#hly payment may change a�cordingly. <br /> The abv�e terms in this 5ection 3.C. sha�l supersede any pro�isivns to the �ontrary in the Loan <br /> Do�uments,including but not iimited to,provisions for an adjustable or s#ep interest rate. <br /> I understand that, if I ha�e a pay option adjustable rate mortgage loan, upon modif�cation, the <br /> minimum monthly payment option,the interest-only ar any athe� payment options w�ll no longer <br /> be offered and that the monthly payments described in the aba�e payment s�hedule for my <br /> modified Lvan wili be the minimum payment that will he due each month for the remaining term of <br /> the Loan. My modified Loan will nat ha�e a negative amortizati�n feature that woufd allow me to <br /> pay less than the interest due resul#ing in any unpaid interest tv be added to the outstanding <br /> principal balance. <br /> �. I will be in default if I do not compiy with the terms of the Loan Documen#s, as modified by this <br /> Agreement. <br /> E. If a default rate of interest is permitt�d under the Loan Do�uments,�hen in the event o#default <br /> under the Loan Documents,as amended, the interest that will be due wili be the rate set forth in <br /> 5ection 3.C. <br /> 4. Additional Agreements. I agree to the following: <br /> A. That all persons who signed the Loan do�uments or their autharized representati�e�s} have signed <br /> this Agreement, unless �i� A �vrrower or cv-borrower is deceased; �ii} The borrawer and <br /> ca-bo�rower are divorced and the property has been transferred to one spouse in the divarce <br /> decree which was recorded, the spous� who nv Ionger has an interest in the prvperty need not <br /> sign this Agreement �althvugh the non-signing spouse may continue to be held liable for the <br /> ob�igation under the�van Dvcuments);or�iii}The Lender has wai�ed th�s requirement in writing. <br /> B. That this Agreement shall supersede the terms of any modification,forbearance,Trial Perivd Plan <br /> or Workout Plan that I pre�ivusly entered intv with Lender. <br /> C. To comply, except to the extent that they are modified by this Agreement, with all co�enants, <br /> agreements,and requirements of Loan Documents including my agreement to make all payments <br /> of taxes, insurance premiums, assessm�nts, Escrow Items, impounds, and all other payments, the <br /> amount o�which may change periadi�a�ly over the term of my Loan. <br />
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