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<br /> elect nof to sign any such carrected Agreement, the terms of the original Loan Documents shall
<br /> continue in full force and effect, such terms wi�l not be modified by this Agreement, a.nd I will not
<br /> be eligible for a modification under the FHA Home Affardable Modification Pragram.
<br /> M. That Lender will collect and record personal information, including, but not limited to, my name,
<br /> address, telephane number, social security numbe�r, credi� score, income, payment hxstory�,
<br /> go�ernment monitoring infocmation, and informatian abaut account balances and acti�ity. In
<br /> addition,I understand and cans�nt to the disclosure of my personal ir�formation and the terms of the
<br /> Trial Periad Plan and this Agreement by Lender to (a} any investor, insurer, guarantor or servicer
<br /> that awns, insures, guarantees ar ServYces my first lien or subordinate lien �if applicable} mortgage
<br /> Ioan{s}; �b} companies that perform support ser�ices for fhe FHA Home Affordable Madification
<br /> Program;and(c}any HLTD certified housing counselor.
<br /> N. I agree, that if any documen� related to the Loan Documents andlor this Agreemen� is �ost,
<br /> misplaced, missta�ed, inaccurately reflects �he true and correct terms and conditions of the loan as
<br /> madified,or is o�herwise missing,I wil�eomply with the Lender's request to execute,acknowledge,
<br /> initial and deli�er to the Lender any documentatian the Lender deems necessary. If the original
<br /> prvmissory note is replaced, the Lender hereby indemnifies me against any loss associated with a
<br /> demand on the origina� nnte. A�1 documents the Lender requests of ine under this secti�n shall be
<br /> referred to as "Documents." I agree to deliver the Documents within fifteen (�5} days after �
<br /> recei�e the Lender's written request for such replacement.
<br /> a. That the mortgage insurance premiums on my Laan, if applicable, may increase as a result of fhe
<br /> capitaiizatian which will result in a higher total monthly paymen�.Furthermore,the date an which I
<br /> may request cancellation of mortgage insurance may change as a result nf the New Principai
<br /> Balance.
<br /> P. ��RRECTI�N AGREEMENT: The undersigned Borrower�s}, for and in consideration of the
<br /> appro�al, closing and funding of this modification, he�-eby gran�s �Vells Fargo Home Mortgage, as
<br /> lender, �imited power of attorney to correet andlor initial alI typographical or clerical �rrors
<br /> disco�ered in the Agreement required to be signed. In the e�ent this limited pawer af attorney is
<br /> exercised,the undersigned will be notified and r�cei�e a copy of the document executed or init�al�d
<br /> on their behalf.This pro�isinn may not be used ta modify the interest rate,modify the term,modify
<br /> the outstand�ng principal balance or modify the undersigned's monthly principal and interes#
<br /> payments as modif ed by this Agreement.Any of these specified changes must be execu�ed directly
<br /> by the undersigned. This Iimited power nf attorney shall aufornatica�ly terminate in 12� days frorn
<br /> the closing date of the undersigned's modif cation.Borrower agrees to make and execute such other
<br /> documenfs or papers as necessary or required tn effectuate the terms and conditions of this
<br /> Agreement which, if appro�ed and accep�ed by Lender, shall bind and inure to their heirs,
<br /> executars,administrators,and assigns of the Bacrower.
<br /> Q. Borrower must deli�er fo Wells Fargo Home Mortgage a properly signed Modification Agreement
<br /> by NUVEMBER 16,ZU16. If Borrow�r daes nof return a properly signed Modification Agreement
<br /> by this date and make all payments pursuant to the trial plan agreernent or any other reyuired pre�
<br /> modifica�ion payments, Wells Fargo Hame M�rtgage may deny or canceI th� modification. If
<br /> Borrower returns the properiy signed Madification Agreement by said date, payments pursuant to
<br /> the loan Modif cation Agreement are due as outlined in this Modif cat�on Agreemen�. Wells Fargo
<br /> Home Mortgage may deny or cance� this loan Modification Agreement if Borr�wer fai�s ta make
<br /> the first payment due pursuant to this loan Modif ca�ion Agr�ement.
<br /> Wel�s Farga Custom FHA Home AfFordable Modification Agreement 936 l���IIW������� !�
<br /> 48252�16 44S
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