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� ' 2� 17�2�33 , , , � � , . , � course of the proceeding,Ler�der agrees fhat I wi�� not ha�e personal liability on the debt pursuant to this Agreement and may only enforee the lien as agains�the propert�. Z, The Madif�c�tion. A. The modified principal bala�nce of the Note wili includ� amounts and arrearages �hat will be past du� as of the Mod�ficatian �ffecti�e Date �wh�ch may inGlude unpai�i �nd deferred interest, fees, escrow ad�anves and a�er costs, but exc�uding unpaid Iate charges, �aluation, p�roperty preserW�tion„ and ather charges not permit�ed under i:he terms of this modif cat�on, co�I�ct��ely, "Unpaid Amounts")less an�r amounts paid fia the Lender but not pre�ious�y cr�ditea�to the modi�ied �oan. The new principat bala�nce 8f my N'ot.e wi I1 be �7D,846.64 {t�e "New Princ�pal Balance"�. Bornower understands th� b� a�reeing to add the Unpaid Amour�ts tv the prin�ipal balance, the added Unpaid Amoun�r,s a�crue interest based on the interest rate in effect under this Agreement. Borrower al�a unders�ds �at this means interest will now accrue on the unpaid Interest that is added�o#he outs#anding prir�cipal balance,vvhich wouid not happen�i�aut this Agneement. B. Interest at the rate nf 3.5��4%wi�l begin ta aGcrue on the New Princip�l Balance as of MAR�H 1, �Q1T and the first new manthly paym�nt on the New Frincipal Balar��e vvill be du��n APRIL 1, ��17 Intenest due on eacP� mor�tihly paymen# wi�l be calculated b� n�ul�plying xhe New Prineipal Balance and#he interest�a1te in effec# a#the time of ca�culation an� di�idi�ng the result by twe1�� �1��. My payment schedule fvr the modified Lnan is as follows: Month� Interest ltnte Interest R�tte Monthly PriacipAl Manthly Tot�I Psymeot �h�o�e D��e nnd�ntere�t P�yment E�craw AZontbly Begins�n Psyment PAyannt'� A�nau�at�' 48� 3.500i1°/o 0310112(�1'T $274.45 $234.15 �SQ8.b41 041D IIZ�I7 �Thia includes�n e�craw short�ge amouat to be paid o�er the f�rst 64 month term.After your modif�catian �s eomplete, �crow payment� ad�ust at Ieast annu�lly in accordance w3ith �pplicable l�w;therefore,the total maathly paymeat may change accordingly. The abo�e terms shall supersede any pro�isions to the cantrary in#�e Loan Documents, including but not limited to,pra�isians for an adjustable,step or simple interes#rate. � 3. Loaa Modif�ation Terms. T'his Agreement hereby modi�es the following terms of�he Loan I]�cuments�s described henein aba�e as f�llows: A. The current contractual due date has been changed from MAY 1,2fl1�tfl APRIL 1,��17.The firsf modif ed contr�ctual due date is APRIL i,�017. B. The maturi�d��e is�VI,�4It��i i,Za57. �. The amount of Reco�verable Expenses*ta be capitalized will be U.S.��9�.Q0. *Re�oW�rable Expense�s ma�y includ�, but are na# limited #v: Tit�e, Ai�orney feeslcos#s, ��Zls Far�o Custom 1Von HAIVIP 11 t 1 Z�I b 368 74S�0��8 Page 3