Laserfiche WebLink
, <br /> ` ' 2� 17� 1 �57 <br /> , <br /> . <br /> . <br /> monthly payments. Yf there is a deficiency of Funds held in escrow, a.s defined under RESPA, <br /> Lender shall notify me as required by RESPA, and I shall pay to Lend�r the amaunt necessary to <br /> make up the deficiency in accordance with RESPA,but in no more than 12 month�y payments. <br /> Upon payment in fu�l of a!1 sums secured by the Loan Documents, Lender shatl promptIy refund to <br /> me any Funds held by Lender. <br /> F. That the Loan Dc�cuments ar� camposed flf duly �alid, binding agreements, enforceable in <br /> accordance with their terms and are hereby reaffirmed. <br /> G. That aIl terms and pro�isions of the Loan Documents, except as expressly modified by this <br /> Agreemen�, remain in full for�e and effect; nothing in this Agreement shal� be understoad or <br /> cons�rued to be a satisfaction or release in whaie ar in part of the obligations contained in the Loan <br /> Documents;and that except as otherwise specifica�ty pro�ided in,and as expressty madif ed by,this <br /> Agreement,the Lender and I will be bound by,and will comply with,a�l of the t�rms and conditions <br /> of the Loan Documents. <br /> H. That, as of the Modif cation Effecti�e Date, notwithstanding any other pro�iston of the Loan <br /> Documents, I agree a.s foliows: If all or any part af the Property or any in�erest in it is sold or <br /> transferred without Lender's prior written c�nsent, Lender may, at its optian, require immediate <br /> payment in full of a11 sums secured by�he Mortgage.Howe�er,L�nd�r shall not exerc�se this option <br /> if federal �aw prohibits the exercise of such option as of the date of such sale or transfer. �f Lender <br /> exercises�his optian,Lender shall gi�e m�notice of acce�era�ion.The notice sha�!provide a period <br /> of not less than 30 days from the date�he natice is deli�ered or mai�ed wifihin wh�ch I must pay alI <br /> sums secured by �he Mortgage. If I fail to pay these sums priar to #he expiration of this period, <br /> Lender ma� in�ake any remedies perm��ted by the Mortgage without further notice or demand on <br /> me. <br /> I. That, as of the Modification Effecti�� Date, I understand that the Lender may anly a11ow �he <br /> transfer and assumption of the Loan, including this Agreement, ta a transferee of my property as <br /> permitted under the Garn St. Germain Act, I2 C].5.�. 5ection 1741�-3.A buyer ar transferee of the <br /> Froperty will not be permitted, under any other circumstance,to assume the Loan.Except as noted <br /> h�rein,this Agreement may not be assigned to,ar assumed by,a buyer or iransferee of the Property. <br /> J. That, as of the Modification Effecti�e Da�e, if any pro�ision in the Note or in any addendum or <br /> amendment to the Note allowed for the assessment of a pena��y for fu��or partiai prepayment af the <br /> Note,such pro�isivn is null and�oid. <br /> I�. That, I will coaperate fully with Lender in obtaining any title endorsement�s}, or similar title <br /> insurance product(s}, andlar subnrdination agreemenfi�s} that are necessary or required by the <br /> Lender's procedures to ensure that the modified mor�gage loan is in first lien posi�ian andlor is fully <br /> enforceable upon modification and that if, under any circumstance and no� withstanding anything <br /> else to the contra�y in th'rs Agreement, the Lender does not receive such title endorsement(s), title <br /> insurance product�s} andlor subordination agreemen��s}, then the terms of this Agreement will n�t <br /> become effectiWe on the Mod ificatYan Effecti�e Date and the Agreement will be null and�oid. <br /> L. That I will execute such other documents as may be reasonably necessary to either�i}consummate <br /> the terms and conditions of this Agreement;or�i�}carrect the terms and conditions of this Plan if an <br /> error is detected af�er execution of this Agreement. I understand that a corrected Agreement will be <br /> pra�ided to me and this Agreement will be�oid and of no�egal efFect upon notice vf such error.If� <br /> WeIIs Fargo Custom FHA Home Affordable Modification Agreement �3�������������� <br /> i2iszoi6 �� <br /> Page 6 <br />