201701556 - Laserfiche WebLink

Browse

< < 2� 17� 155� : t , �+ � , . Mon#bs 1.nterest R�te Interes#Rate Mon�hly Prineip�l Moothly Ta�al Faym�nt Ch�nge a�te s�nd�at�rest Payment �scrow MoathIy Begins Un Pa�m�nt Fayment* Amvunt* 3�� 3.�254% 031�1I2�17 �494.22 $2�8.48 $76�.3a a41U 112�17 *After your mvdification is compiete, escraw payments ad,�ust at le�st annual�y ir� accordance with applicable [aw �herefore, the total mon�hl� payment may change according�y. The aba�e tcrms sh�l1 sup�rsed� any praWisions to t1a� eontrary in the Lvan D�cumen�s, inc�uding but not Iimited to,provisians for ar�adj ustab�e ar step interes�rate. � understand tha�, if I ha�e a pa� option adj ustab�e ra�e mortgage loa�, upon madif cat�on, the minimum monthly payrnent option,the in�erest-anly or any other payment options will no longer be offered and t��at the monfhly payments described in the abo�e payment schedule far my modified loan wili be the minimum paymen�that will be due each month for�he remaining term of�he laan. My mo�ified loan �rill not ha�e a negati�e arnortYzatian feature that �fluld allow me to pay less than the interest due resulting in any unpaid iriterest to be added to �he out�tanding prin�ipal �a�lance. D. I will be in default if I do no��omply with tl�e terms of the Laan DoGuments, as modifisd by this Agreem�nt. E. if a default rate of interest is perrnitted under the Loan Documents, then in the e�ent of default under the Loan Doc�ments,as amended,the interest that�rill be due will be the rate se#for�h. 4. ��ldition�l Agreem en ts. �agree to the fo�lovving: A. That all persons w�io signed the Loan Dncuments ar�heir authari2ed re�resentati�e�s}�aWe signed this Agreement,unless�i}a borrov�rer or ca-barrower is deceased; �ii}the barrower and co-borra�rer are di�arced arid the praperty has been transferred to one spvuse in the divorce decree, the spouse who no longer has an int�rest in the propert� need nat sign this Agreement tal�hough fhe non- s�gning spouse may continue to be hetd liable f�r the obiigatr��under the Loan DocumeMts}; ar�iii� the Lender has�aive�this r�quirerr�ent in writi�g. B. That this Agre�ment shall superse�e the terms of any madification, forb�arance, Trial Period Plan or Martgage Assis�ance that�previQusly ente�e�into with Lender, C. To com�iy, except �o the extent that the}r are madified by this Agreement, with a�� co�enants, agreements,and reyuinements of Loan Documents including my agreement to rnake all payrnents of taxes, insuran�e premiums, a�sessments, Eserow Items, impounds, and aIl other pa�ments, the amount af which ma}�change p�riadica�ly aver the term of m�L�an. D. That this Agreement canstitut�s natice that the Lender's wai�rer as to pa�ment of EscrQw Items, if Wells Fargu Custom FHA H�me�f�or�iable ModiFcatzon�greement 7�g f�� �2152�1b �45 � r Page 4