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2� 1 ���875 <br /> � <br /> � . <br /> . <br /> . <br /> . <br /> . <br /> � <br /> A. The m�dified pr�ncipai balance of the l�iate will inc�ude amounts and arrearage� that will be past <br /> du� as �f the M�dificatian Effecti�e Date �which may include unpaid and deferred interest, fees, <br /> es�row advances and ather costs, but excluding unpaid late charges, �aluation, praperty <br /> presetvation, and other charges nat permitted under tlae terms of this modification, �ollec�i�ely, <br /> "U�ipaid Amounts"}less any amounts paid to the Lender�ut not pre�iously credited to the modifted <br /> lvai�. The �1ew principal balance of my Nore will be $65,669.77 {the ``�ew Prin�ipal Balance"�. <br /> Barr�wer understands that by agreeing to add the Unpaid�mounts to the principat balance, the <br /> added Unpaid Amounts accrue interest based on the in�erest ra�e in effect under this Agreement. <br /> Borrower also understands that this means iizterest wi�l now accrue on the unpaid Interest �hat is <br /> added ta the outstanding principal balance,��hich wauld�iot happen�rithout�hi�Agreement. <br /> B. Interest at the rate of 3.Z5U0°Io wil! begin to accrue on the l�iew Principal Balance as of QCT�BE1� <br /> 1, ZQ1� and the frst new mo;ithly payment on the hlevv Principal Balance will b� due on <br /> NUVEMBER 1,z416 Interest due on eacl� n�ontl�ly payment�vi�� be ca�cula�ed by mult�plying th� <br /> Neur Principal Balance and the interest rate in effect at the time of calcu�ation and dir�iding the <br /> re�ult by twe��e�1�}. My payment schedule far the madified Loan is as fa��ows: <br /> Manths Intcrest R�te Intcr�st Rate M1'lonth�y Pr�ncipa[ Monthly Tatal Pa�mcnt <br /> C`hange❑ate and[nt�resf Payment Eccrow Nlon#hly Beg'rns�n <br /> P�yment Payment'� <br /> Amount* <br /> �S4 3.�504°�0 1�1011��1 b $461.44 $362.20 $8�3.b4 1 l l�i 12a]6 <br /> *Af#er your mod��i�ation is complete,escrvw payments adjust a�least annually in accordance <br /> wi�h applicable law;therefore,the ta�al monthly payment may change accordingly. <br /> The abo�re terms shall supersede any provisions �� the contrary in tlZe Loarl Documen�s, including <br /> but not limited to,provisions for an adjustahle,step�r simple interest rate. <br /> 3. Loan Modification Terms. <br /> This Agreeinent hereb�r modifies the fal�owing terms of the Laa.n Documents as described herein abo�e as <br /> foilows: <br /> A. The �urrent contracCual due date has been changed from MAY �, 20�6 �o NaVEMBER I, Z�16. <br /> Tl�e firs�n�od if ed conYractual due date is N�VEM BER �,2Q i 6. <br /> B. The matur�ty date is CfCT�BER 1,ZQ31. <br /> C. The amount of R�eo�erable Expenses*to�e capitali�ed will be U.S.�O.U�. <br /> �`Recoverable Expenses may incl��de, bu� are not limited to: TitIe, Attarney feeslcosts, <br /> BPOIAppraisal,andlar Property Freservatior�IProperty Inspecfio«s. <br /> D. Lei�der wil] forgive outstanding�ther Fees U.S. �U.O�.DtI�er Fees may include, but are not limited <br /> to: Prior Deferred In�eresf,appraisal fees. <br /> Wells Farg❑Custom Ncrn HAMP�$2620I6 368 936�����������8� <br /> Pa�e 3 <br />