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201701618
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Last modified
7/28/2017 2:28:34 PM
Creation date
3/15/2017 8:40:18 AM
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DEEDS
Inst Number
201701618
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. <br /> , � <br /> 2� 17� 1 � 18 <br /> M � ti <br /> S <br /> • <br /> S <br /> y <br /> monthly payments. If thece is a deficiency af Funds held in escrow, as defined under RESPA, <br /> Lender sh�ll notify me a.s required by RESPA, �nd I shall pay ta Lender the �rr�ount necessary to <br /> make up the d�ficiency in accordance with RESP�►,but in na more than 1�manthly payments. <br /> [Jpan paym�nt in full af all sums secured by the Loan Dacuments,Lender shat�promptly r�fund ta <br /> me any Funds h��d by L�nd�r. <br /> F. Th�t the Loan Dvcuments are composed of duly �a�id, bindrng agreements, enforceab�e in <br /> accord�nce with their terms and are hereby reaffirmed. <br /> �. That a11 terms and provisinns af the Loan D�cum�nts, except as expressly modified by this <br /> Agreement, remain in fu�l force and efFect; no�hing in this Ageement shai� be und�rstoad ar <br /> construed to be a satisfa�tion or rele�se in whale or in part af the obligations containe�in the L�an <br /> Documents;and that except as atherwise specifically pro�ided in,and as expr�ssty madified by,this <br /> Agr�ement,the Lend�r and I will be bound by,and wit�comply with,ail of the terms and canditions <br /> vf the Lo�n Do�ument�. <br /> H. That, as af the Modificati�n Effecti�e Date, natwithstanding any other pro�ision of the Loan <br /> Dvcuments, I agree as foYlows: If all or any part �f the Property ar any interest in it is sald �r <br /> transferned withvut Lender's prior written consent, Lender may, at its option, require immediat� <br /> payment in ful I of all sums secured by�ie Mortgag�.Howe�rer,Lender shalt not exerci se this optian <br /> if fed�ral Iaw prohibits tho exercise of such optian as of the date af such sai�or trar�afer.If Lender <br /> exercis�s this option,L�nder sh�11 gi�e me not;c�of acceleratian.Th�notice shal�pro�ide a period <br /> of not less�han 3�days from the date#he notice is deli��red or mailed within which I must pay all <br /> sums s�cured by the Mortgage. If� fail t� pay these sums prior to the expiratian af this period, <br /> Lender may invoke any r�m�diea permitted �y the Mortgage with�ut further nvtice or demand an <br /> me. <br /> �. That, as of the Modif�cation Eff�cti�e Date, I understand �hat the Lender may only allow the <br /> tr�nsfer�nd assun�ption of the Loan, �ncluding this Agr��ment, to a transferee af my property as <br /> permitted ur�der the Garn St. Germain Act, 12 LJ.S.�. Sectivn 174�j-3.A buyer or transferee of the <br /> Fraperty will nat be permitted,under any ather circurnstance,to assume the Loan.Except as noted <br /> herein,this Agreement may not be assigned to,or assumed by,a buyer or transferee of the Pr�perty, <br /> d, That, as of the Modif cation Effecti�e I�ate, if any pra�isron in the Note or in any addendum or <br /> amendment t�the N�#e al�awed for the assessment of a pena�ty for fu��or partial prepayment of the <br /> Note,such provision is nu��and void. <br /> K. That, I wiit caoperate fully with Lender in obtaining any title endorsem�nt�s), vr similar title <br /> insuran�e praduc�ts}, andlor subardination agreemen��s� that ar� necessary �r required by the <br /> Lender's prncedures to ensure that the modified mvrtgage loan is in first lien p�sition andl�r is fully <br /> enforceable upon madifica�ion and that if, under�ny circumstance and not wi#hstanding �nything <br /> else to the can� in this Agreement,the Lender does not recei�e such titfe end�rs�ment�s),tit�e <br /> insurance productts} andlor subor�ination sgreem�nt�s}, then the terms of this Agreement wi�� not <br /> becnme effeCtY�e an the Modification Effective Date and the Agreement will be null�nd vord. <br /> L. Th�t I vrril�execute such ather dacuments as may be reasonebly necessary to either(i�consummate <br /> the terms and conditions af this Agreement;ar�ii}�orrect the terms and cvnditions�f this Pl�n if an <br /> errar is detected atter execution of�his Agreement.I underst�nd that a carrected Agreement will be <br /> pra�ided�a rne and this Agreement wrl�be�oid�nd of no legal effect upon notice of such error.If I <br /> Wells Far�a Custom FHAHome Af�ordeble Mvdificatian Agreement 7�g I����������m� <br /> 12152016 445 <br /> Page 6 <br />
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