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201008828 The Note and the Security Instrum�nt may be collectively referred to herein as t11e "Loan Documents." Borrower now desires to extend or rearrange the time and/or manner of repayment or payment of the Note and to extend and carry forward the lien(s) on the Property, whether created by the Security Instrument or otherwise. Lender, the legal holder and owner of the Note and of the lien(s) securing the same, has agreed at the request af the Borrawer to exten,d or rearran$e the time and manner of payment of the Note. In consideration of the mutual proznises and agreements exchanged, and other good and valuable consideration paid by each of the parties to the other, the receipt and sufficiency of which is hereby acknowledged, the parties hereto agree to modify, renew and extend the Note and Security �nstrument and any ather Loan Documents, as follows (notwithstanding anything to the contrary contained in the Note or Security Instrument or other Loan Documents): 1. Acknowled�ment of Unpaid,Principal Balance: Borrower acknowledges that as of November O1, 2010, the tatal annount payable under the Note and the Security Instrument is U.S. $105,211.12, consisting of the unpaid amount(s) loaned to Borrower by Lender an outstanding principal balance of $93,U99.7G, plus accrued unpaid interest of $8,1�t(.20, and other amounts capitalized, which may include escrow shortage (consisting of unpaid hazard insurance, taxes and/or mort$age insurance premiums and herein referred to as "Escrow") of $3,965.16 (collectively referred to as "Modified Principal Balance"). The Borrower hereby renews, extends and promises to pay the Modified Principal Balance, plus interest, to the order of Lender. Interest will be charged on the Modified Principal Balance until the full amount of the Modified Principal Balance has been paid in accordance with the terms and conditions of the Note and other Loan Documents. 2. Monthl Pa ent Amount Timin of Pa ent and Maturit Date: a. Tl�e Borrower promises ta pay the Modified Principal Balance, plus int�r�st, ta the order of Lender, its successars ar�d assigns in US Dollars. Interest will be charged on the Modified Principal Balance at the yearly rate oF 4.750% from November O1, 2p1Q until paid in full. The Borrower promises to make monthly payments of principal and interest of U.S. $548.83 beginning an the 1 day of DECEMBER 2010 and continuing thereafter or� the same day af each succeeding month until principal and interest are paid in full. b. In addition, if an Escrow account has been established under the terms and conditions of the Note or other Loan Documents, Barrower will make an Escrow payment each manth on each payment due date. The current Escrow payment is $269.04 per manth, which is subject to change depending on the amounts attributable to ta�ces, insurance and other Escrow Items. The initial cornbined rraonthly principal, interest, and Escrow payment will be $S1'7.87, if such an Escrow has been established, and shall be payable as set forth under Section 2(a), above. �age 2 of 9 of the Loan Moditication Agreement Lnan #50608476 Order # 6309885