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. <br /> ` ' 2� 17� 1 �57 <br /> . <br /> 1 <br /> Months Intcrest R�tc Interest Rate Monthly PrincipAl Monthly Tot�l Payment <br /> Change Date and Int�rest Payment Escraw Monthly Bcgins Un <br /> Paymcnt P�yment* <br /> Amount'� <br /> 36� 3.625�°/Q �31�112�I 7 $418.�1 $448.$6 �866.8? 041Q 112�17 <br /> *After your modification is complete, escraw payments adjust at �east annually in <br /> accordance with applicable �aw therefore, the total monthiy payment may change <br /> accordingly. ' <br /> The abo�e terms sha�j supersede any proWis�ons to the con�rary in the Laan Documents, including <br /> but not Iimited to,pro�isions for an adjustable ar step interest rate. <br /> I understand that, if I have a pay option adjustable rate mortgage loan, upon modification, the <br /> min�mum monthly payment aption,the interest�only or any other payment options will no Ionger be <br /> offered and that the month�y payments descr�bed in the abo�e payment schedule far my madified <br /> �aan wiii be the minimum payment that will be due each mon�h for the remaining term of the loan. <br /> My modified loan will not ha�e a negative amartization feature that would allow me to pay less <br /> than the in�erest due resulting in any unpaid interest tv be added to the outstanding principal <br /> ba�ance. <br /> D. I wil� be in defaul� if I do not camp�y with#he �erms of the Loan Documents, as modified by this <br /> Agreement. <br /> E. If a default rate of rnterest is permitted under the Loan Documenfs, then in the e�ent of default <br /> under the Loan Documents,as a.mended,the interest that wili be due will be the rate set forth. <br /> 4. Additional Agreements. <br /> I agree to the following; <br /> A. That all persons who signed the Loan Documents or their authorized representat�ve(s� ha�e s�gned <br /> this Agreement,unless�i}a borrower or ca-borrower is deceased;�ii}the borrower and co-borro►wer <br /> are d��orced and the property has been transferred to one spouse in the di�orce decr�e, the spouse <br /> who no langer has an interest in the praperty need not sign this Agreement �although the non- <br /> signing spause may continue to be held liable for the abligation under the Loan Iaocuments};or�iii) <br /> the Lender has wai�ed this requirement in writing. <br /> B. That this Agreement sha�l supersede the terms vf an� madif cation, forbearance, Tria�Period Flan <br /> or Mortgage Assistance that�preWiously entered into with Lender. <br /> �. To comply, except to the extent that they are modif ed by this Agreement, with all covenants, <br /> agreements,and reyuirements of Loan Dacumen�s including my agreement to make all payments of <br /> taxes, insurance premiums, assessments, Escraw Items, impounds, and ali other payments, the <br /> amount of which may change periodically over the term of my Loan, <br /> D.. That this Agreement constitutes notice that the Lender's wai�er as to payment of Escrow Items, if <br /> Wells Fargv Custom FHA Home Affordable Modif cation Agreement 93�I������������ <br /> lZI5�016 445 <br /> Page 4 <br />