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201607088
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Last modified
7/24/2017 4:07:28 PM
Creation date
10/25/2016 8:50:51 AM
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DEEDS
Inst Number
201607088
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2� 1 ��7�88 <br /> t ` ' + � <br /> � 4 � <br /> ♦ <br /> � <br /> to:Prior Deferred In�erest,appraisal fees. <br /> E. Lender will for�i�e autstanding NSF Fees U.S.$U.UO. <br /> F. Lender agrees to wai�e alt unpaid Late Charg�s in the amount of U.�.�U.4�. <br /> G. The amount of interest t�be included�capitalized}will be U.S.�1,79�.U1. <br /> I-3. T�xe amount of the Escrow Ad�ance to be capi�a�i2ed will b�U.S.$1,273.14. <br /> 4, Adtiitianal Agreements. <br /> I agree to the following: <br /> A. If applicab�e, �he Note may contain pro�rsions a�lowing f�r changes in the interest rate and the <br /> manthly payment. The Nate limits the amount th� Borrower's interest rate can change at any ane <br /> time and th�maximum rate the Borrowers must pay. <br /> B. If a biweelc�y loan, the Loan wilt con�ert to a mvn�hly payment schedu�e. References in the Laan <br /> Documents to "biweekly," "eWery two weeks," and "e�ery ather Manday" shall be read as <br /> "monthly,"exc�p��s it relates ta the Modified Maturity Date.Interest wi11 be charged on a 36�-day <br /> year, di�ided intfl twel�e �1 Z} segments. Interest charged at all other tim�s vvill be computed by <br /> multiplying the interest�earing principai balance by the interest rate,di�id�ng the result by 3G5,and <br /> then multiplying that d�ily tnt�rest amount by the actual number of days far which interest is th�rt <br /> due. As part of the con�ersion fr�m biweekly ta monthly payments, any automatic wi�hdrawal of <br /> payments�auto drai�ing}in efFect with Lender fvr the Loan are cancel�ed. <br /> �. Funds for Escrow Items. I will pay tn Lender on the day payments are due under the Loan <br /> Dacuments a.s amended by this Agreement, un�il th� Loan is paid in full, a sum tthe "Funds"}to <br /> pro�ide for payment of amounts due for:ta�}tax�s and assessments and other items which can attain <br /> priority o�er the Mnrt�a.ge as a lien �r encumbrance on the Property; �b} leasehotd payments or <br /> grnund ren�s on the Praperty, if any; �c} premiums far any and a11 insura.nce required by Lender <br /> under the Loan Documen�s; �d} mortgage insurance premiums, if at�y, or any sums payable ta <br /> Lender in lieu of the payment of mortgage insurance premiums in accordanc� with the Loan <br /> Documeni�s; and�(e}any community associati�n dues, fe�s, and assessmen�s that Lender requires to <br /> be escrowed.These items are called "Escrow Items." I shall prompfly furnish tv Lendcr aII notices <br /> of amounts to be paid under this Sectian 4.E.I sha11 pay Lender the Funds for Escraw Items unless <br /> Lender waiWes my obliga�ion ta pay the Funds for any or aIl Escrow Items.Lender may wai�e my <br /> obligatron to pay to Lender Funds far any nr alt Escraw Items a�any �ime. Any such waiver rnay <br /> only be in vvriting. In the event of such waiver, I sha11 pay directly, when and where payab�e, th� <br /> amounts due for any Escrovv Items for which payment of Funds has been waived by Lender and, if <br /> Lender requires, shall furnish ta Lender receipts e�idencing such payment within such�ime period <br /> as Lender may reyuire. My obligation to make such paymen� and to pro�ide receipts shall for a11 <br /> purposes be deemed to be a co�enant and Agreement contained in the Laan Documents, as the <br /> phrase"co�enant and Agreement" is used in the Loan Documents.If�am abligated to pay Escravv <br /> Items directly, pursuant to a wai�er, and i fail ta pay the amount due for an Escrow Item, Lender <br /> may exercise its rights under the Laan Dvcuments and this Agreement and pay such amount and I <br /> shall i�hen Ue abligated to repay to L�nder any such amount. Lender may revake the wai�er as to <br /> any�r al!Escrow�tems at any time by a notice gi�en in accordance with the Loan Dacuments,and, <br /> upon such re�ocation, I shall pay to Lender a11 Funds, and in sueh amounts,fhat are then required <br /> V�elis Fargo Custom Non HAMP U8262U 16 368 936 I������������ <br /> • Page 4 <br />
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