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2� 17�� 117 <br /> , � <br /> . <br /> , , <br /> 5 <br /> � � <br /> will be due on FEBRUARY I,2Q17. Interest due on each monthly paymen�will be calculated by <br /> multiplying the New Principa�l�nterest Bearing Principal Bajance and �he interest rate in ef�'ect at <br /> the �ime af calcu�ation and di�iding the result by twel�e ��2}. My payment scheduje for the <br /> modified Loan is as foliows: <br /> Months intcrest Rate Intcrc�t Ratc 1�'Ionfhty Principal Mvnfhly Total Payrnent <br /> �h�nge DAte and Intsrest Payment E��row Monthly Btgins Un <br /> PAym�nt P�ymcnt* <br /> Arnount* <br /> 36� 3.75�0°/a O110112D 17 $754.5� $68�.�0 �I,43b.66 UZIO�12017 <br /> *After your modificatxon is complete, escrow payments adjus� at least annuarly in <br /> accordance with applicable law therefore, the totai mon�hly payment may change <br /> a�cordingly. <br /> The above terms shall supersede any pro�isions to the c�ntrary in the Loan Docurnents, including <br /> bu�no��imited to,pra�isions for an adjustable or step int�rest rate. <br /> I understand that, if I have a pay �ption adjustable rate mortgage 1oan, upon modif cation, the <br /> rninimum monthly payment option,the interest-only�r any other payment options wil�no�onger be <br /> offered and that the monthly payments de�cribed in the above payment schedule for rny modified <br /> loan will be the minirnum paymenf fhat will be due each month for the remaining term of the lnan. <br /> My ma�ified loan will n�t haWe a negati�e amortization feature �hat wou�d allow me ta pay �ess <br /> than the interest due resulting in any unpaid inferest to be added t� the outstand�ng principa� <br /> balanee. <br /> E. I will b� in default if I d❑ not comply with the terms of the Loan Dacuments, as modified by this <br /> Agreement. <br /> F. If a defau�� rate of interest is permitted under the Loan Documents, then in the e�enf af default <br /> under the Loan Documents,as amended,the in�erest that will be due,r�vill be the rate sef forth. <br /> �. Additional Agreements. <br /> I agree to the following: <br /> A. That all persons who signed the Loan Documents or their autho�ized representatiWe�s} ha�e signed <br /> this Agreement,unless�i}a borrower ar co-borrower is deceased;�ii}the borrower and co-borrower <br /> are di�orGed and the property has been transferred to one spouse in the di�orce decree, the spouse <br /> who no longer has an interest in the property need no� sign this Agreernent �althaugh the non- <br /> signing spouse may continue�o be he�d �iable for the obligation under the Loan Documents};or�iii} <br /> the Lender has wai�ed this requirement�n writing. <br /> B, That this Agreemen� shall supersede the terms of any mod�fication, farbearance, Trial Period Plan <br /> or Mortgage Assistance�hat I preWi�usly en�ered into with L�nder. <br /> �, To comply, except to the ex�ent that the� are modified b� this Agreement, with all co�enan�s, <br /> Wells Fargo Custom FHA Home Affvrdable Modificativn Agreement �V����I������������ <br /> 11112016_448 <br /> Page 4 <br />