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2� 1 ��7�88 t . � r i � * f ► 2. Tbe Modif cation. A. The mod'tfied principal balance ❑f the Nate will include amounts and arrearages that wi�l be past due as of the Modif eation Effecti�e Da�e �which may inciude unpaid and deferred interes�, fe�s, escraw advances and other costs, but exc�uding unpaid Iate charges, valuation, property preserva�ian, and ather charges r�ot permitted under the �erms of this mvdiftca�i�n, cal�ectively, "Unpaid Amoun�s"}less any amoun�s paid ta�he Lender but nat pre�iously cr�dited to the modified 1oan. The new principal ba�ance of my N�te wil� be $5�,414.85 �the "New Pc�ncipal Ba�ance"). Borrvwer understa.nds that by agreeing t� add the Unpaid Amounts ta the principal halance, the added Unpaid AmQunts accrue interest based on the in#erest rate in effect under this Agreement. Barrow�r a�so understands that this means interest will now accrue on the unpa�d Interes�that is added to the outstanding principal batance,which would not happen without this Agre�ment. B. Interest at the rate of 3.75�U%will begin to accrue on�he New Principal Balance as vf��T�BER 1, 2�1 G a.nd th� first new monthly payment on f,he New Principal Balance will Ue due an N'UVEMBER 1,2016 Interest due on each manthly payment will be calculated by mul�iplying the New Principal Balance and the in�eres� rate in effect at the time of calculation and dividing the result by twel�e�1�}, My payment schedule for the modified Loan is as follaws: Months Interest Rate Interest Rate Manthjy Prineipal Mon�b�y Tat�l Payment Change Date and Interest Payment Es�row Monthly Begins Un Payment Payment'� Amoant� 36D 3.754D% 1 UIU 112U 16 $�G 1.25 $2�6.38 $467.63 1 ll�112�16 �After your modifi�ation is compl�te,escrow payments adjust at least annually in accordance w�th appticable Iaw;therefore,the t�tal manthly payment may ehange aceordiagly. The abo�e terms sha�l supersede any �roWisions to the c�ntrary xn the Loan Documents, including but not limited tv,pro�isions for an adjustable,step or simple interest rate. 3. Loan Modif�ation Terms. This Agreement hereby modifies�he follawing terms of the Loan Documents as d�scr�bed herein above as follows: A. The current c4ntractual due date has been changed fram MAY 1, 2�1G to N�VEMBER 1, Z016. The first modYf ed contractual due date is N�VEMBER 1,��1G. B. The maturi�y date is�CTUBER 1,2046. C. The amount of Reco�erabl�Expenses*tio be capitalized will be U.S.$D.�U. �`Reca�erable Expenses may include, but are not ltmited ta: Tit1e, Attarney feeslcosts, BP�IAppraisal,andlor Property PreservationlProperty Inspections. D. Lender will forgi�e�utstanding+�ther Fees U.S.$4.0�.�ther Fees may include,but are not limited VVells Fargo Cu.stom N�n HAMP�8262�16 368 ��6�� Page 3