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( i ' BB&T Mortgage Loan No: 6961808241 �� 1 r(� i i� t� Mers No. 1001599 6961808241 9 The borrower promises to pay the new Unpaid Principal Balance to the order of the Lender. Interest will be charged on the Unpaid Principal Balance at the annual rate of 4.625%, from November 1, 2010. The borrower promises to make monthly payments of principal and interest of U.S. $1,319.24, beginning on December 1, 2010 and continuing thereafter on the same day of each succeeding month until principal and interest are paid in full. If on November 1, 2040 (the "Maturity Date"}, the borrower srill owes amounts under the Note and the Security Instrument, as amended by this Ageement, the borrower will pay these amounts in full on the Maturity Date. The Borrower will make such payments to and at Branch Banking and Trust Companv, Mort�aee Pavment Center, P.O. Box 580302, Charlotte, NC 28258-0302 or such other place as the Lender may req uire. 4. If all or any part of tha Property or any interest in it is sold or transferred (or if a beneficial interest in the Borrower is sold or transferred and the Borrower is not a natural person) without the Lender's prior written consent, the Lender may, at its option, require immediate paytnent in full of all sums secured by this Security Instrument. If the Lender exercises this option, the Lender shall give the Borrower 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 the Borrower must pay all sums secured by this Security Instrument. If the Borrower fails to pay these sums prior to the expiration of this period, the Lender may invoke any remedies permitted by this Security Instrument without further notice or demand on the Borrower. 5. The borrower also will comply with all other covenants, agreements, and requirements of the Security Instrument, including without limitation, the Borrower's covenants and agreements to make all payments of taxes, insurance premiums, assessments, escrow items, impounds, and all other payments that the Borrower is obligated to make under the Security Instrument; however, the following terms and provisions are forever canceled, null and void, as of the date specified in paragraph No. 1 above: a) All terms and provisions of the Note and Security Instrument (if any) providing for, implementing, or relating to, any change or adjustment in the rate of interest payable undar the Note: and b) All terms and provisions of any adjustable rate rider or other instrument or document that is affixed to, wholly or partially incorporated into, or is part of, the Note or Security instrument and that contains any such terms and provisions as those referred to in (a) above. 6. Nothing in this Agreement shall be understood or construed to be a satisfaction or release in whoie or in part of the Note and Security Instrument. Except as otherwise specificaily provided in this Agreement, the Note and Security Instrument will remain unchanged, and the Borrower and Lender will be bound by, and comply with, all of the terms and provisions thereof, as amended by this Agreement. Borrower Initial: � Co-Borrower Initial: -2-