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1111 n iiT regulations prohibit the exercise of such option as of the date of such sale or transfer. If Lender /Mortgagee exercises this option, Lender /Mortgagee shall give me notice of acceleration. The notice shall provide a period of not less than 30 days from the date the notice is delivered or mailed within which all sums secured by the Mortgage will come due. If payment of these sums is not made prior to the expiration of this period, Lender /Mortgagee may invoke any remedies permitted by the Mortgage without further notice or demand on me. I. That, as of the Modification Effective Date, I understand that the Lender /Mortgagee will only allow the transfer and assumption of the Loan, including this Agreement, to a transferee of my property as permitted under the Garn St. Germain Act, 12 U.S.C. Section 1701j -3. A buyer or transferee of the Property will not be permitted, under any other circumstance, to assume the Loan. Except as noted herein, this Agreement may not be assigned to, or assumed by, a buyer or transferee of the Property. J. That, as of the Modification Effective Date, if any provision in the Note or in any addendum or amendment to the Note allowed for the assessment of a penalty for full or partial prepayment of the Note, such provision is null and void. K. That, I will cooperate fully with Lender /Mortgagee in obtaining any title endorsement(s), or similar title insurance product(s), and /or subordination agreement(s) that are necessary or required by the Lender's /Mortgagee's procedures to ensure that the modified mortgage loan is in first lien position and /or is fully enforceable upon modification and that if, under any circumstance and not withstanding anything else to the contrary in this Agreement, the Lender /Mortgagee does not receive such title endorsement(s), title insurance product(s) and /or subordination agreement(s), then the terms of this Agreement will not become effective on the Modification Effective Date and the Agreement will be null and void. L. That I will execute such other documents as may be reasonably necessary to either (i) consummate the terms and conditions of this Agreement; or (ii) correct the terms and conditions of this Plan if an error is detected after execution of this Agreement. I understand that a corrected Agreement will be provided to me and this Agreement will be void and of no legal effect upon notice of such error. If I elect not to sign any such corrected Agreement, the terms of the original Loan Documents shall continue in full force and effect, such terms will not be modified by this Agreement, and I will not be eligible for a modification under the Home Affordable Modification program. M. Mortgage Electronic Registration Systems, Inc. ( "MERS ") is a separate corporation organized and existing under the laws of Delaware and has an address and telephone number of P.O. Box 2026, Flint, MI 48501 -2026, 1- 888 - 679 -MERS (1- 888 - 679 - 6377). In cases where the loan has been registered with MERS, who has only legal title to the interests granted by the borrower in the mortgage and who is acting solely as nominee for Lender /Mortgagee and Lender's /Mortgagee's successors and assigns, MERS has the right: to exercise any or all of those interests, including, but not limited to, the right to foreclose and sell the Property; and to take any action required of Lender /Mortgagee including, but not limited to, releasing and canceling the mortgage loan. N. That Lender /Mortgagee will collect and record personal information, including, but not limited to, my name, address, telephone number, social security number, credit score, FHA /JPMC MODIFIED MULTISTATE HOME AFFORDABLE MODIFICATION AGREEMENT — Single Family — Fannie Mae /Freddie Mac UNIFORM INSTRUMENT ver. 04_28_2017_23_01_01 WF466 /Form 3157 3/09 (rev. 2- 23 -10) Loan Number 1969272084 201703951 CR43862 (page 6 of 10 pages)