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WF101 LOAN MODIFICATION AGREEMENT - CHAMP ver.09_26_2016_11_00_40 <br />n <br />E. That, as of the Modification Effective Date, notwithstanding any other provision of the Loan <br />Documents, I agree as follows: If all or any part of the Property or any interest in it is sold or <br />transferred without the Lender's prior written consent, the Lender may, at its option, require <br />immediate payment in full of all sums secured by the Mortgage. However, the Lender shall not <br />exercise this option if federal law prohibits the exercise of such option as of the date of such <br />sale or transfer. If the Lender exercises this option, the Lender shall give me notice of <br />acceleration. The notice shall provide a period of not less than thirty (30) days from the date <br />the notice is delivered or mailed within which all sums secured by the Mortgage will come due. <br />If payment of these sums is not made prior to the expiration of this period, the Lender may <br />invoke any remedies permitted by the Mortgage without further notice or demand on me. <br />F. That, as of the Modification Effective Date, a buyer or transferee of the Property will not be <br />permitted, under any circumstance, to assume the Loan. In any event, this Agreement may <br />not be assigned to, or assumed by, a buyer of the Property. <br />G. If any document is lost, misplaced, misstated or inaccurately reflects the true and correct <br />terms and conditions of the Loan Documents as amended by this Agreement, within ten (10) <br />days after my receipt of the Lender's request, I will execute, acknowledge, initial, and deliver <br />to the Lender any documentation the Lender deems necessary to replace or correct the lost, <br />misplaced, misstated or inaccurate document(s). If I fail to do so, I will be liable for any and all <br />loss or damage which the Lender reasonably sustains as a result of my failure. <br />H. All payment amounts specified in this Agreement assume that payments will be made as <br />scheduled. <br />I. That, if the Borrower is in bankruptcy upon execution of this document, the Borrower will <br />cooperate fully with the Lender in obtaining any required bankruptcy court and trustee <br />approvals in accordance with local court rules and procedures. The Borrower understands that <br />if such approvals are not received, then the terms of this Agreement will be null and void. If <br />this Agreement becomes null and void, the terms of the original Loan Documents shall <br />continue in full force and effect, and such terms shall not be modified by this Agreement. <br />J. If the Borrower(s) received a discharge in a Chapter 7 bankruptcy subsequent to the execution <br />of the Loan Documents, the Lender agrees that such Borrower(s) will not have personal <br />liability on the debt pursuant to this Agreement. <br />K. That in agreeing to the changes to the original Loan Documents as reflected in this <br />Agreement, the Lender has relied upon the truth and accuracy of all of the representations <br />made by the Borrower(s), both in this Agreement and in any documentation provided by or on <br />behalf of the Borrower(s) in connection with this Agreement. If the Lender subsequently <br />determines that such representations or documentation were not truthful or accurate, the <br />IIT <br />of the obligations contained in the Loan Documents; and that except as otherwise specifically <br />provided in, and as expressly modified by, this Agreement, or by the U.S. Bankruptcy Code, <br />the Lender and I will be bound by, and will comply with, all of the terms and provisions of the <br />Loan Documents. <br />Ilelll ��� Ilia A I.REIN i 'I III <br />201607159 <br />Loan Number 1847149162 <br />CR43862 <br />WF101 <br />(page 4 of 8 pages) <br />