Laserfiche WebLink
paid in full. My payment schedule for the modified Loan is attached hereto and <br />incorporated herein. <br />If on the ( "Maturity Date "), Borrower still owes amounts under the Note and loan <br />documents, as amended by this Agreement, Borrower will pay these amounts in full <br />on the Maturity Date. The above terms in this Section 3.C. shall supersede any <br />provisions to the contrary in the Loan Documents. <br />D. I will be in default if I do not comply with the terms of the Loan Documents, as <br />modified by this Agreement. <br />E. If a default rate of interest is permitted under the Loan Documents, then in the event <br />of default under the Loan Documents, as amended, the interest that will be due in <br />Section 3C will be the default interest rate. <br />4. Additional Agreements. I agree to the following: <br />A. That all persons who signed the Loan Documents or their authorized representative(s) <br />have signed this Agreement, unless (i) a borrower or co- borrower is deceased; (ii) the <br />borrower and co- borrower are divorced and the property has been transferred to one <br />spouse in the divorce decree or (iii) the Lender has waived this requirement in <br />writing. <br />B. That this Agreement shall supersede the terms of any modification, forbearance, or <br />other workout plan that I previously entered into with Lender. <br />C. To comply, except to the extent that they are modified by this Agreement, with all <br />covenants, agreements, and requirements of Loan Documents including my <br />agreement to make all payments of taxes, insurance premiums, assessments, and all <br />other payments, the amount of which may change periodically over the term of my <br />Loan. <br />D. That the Loan Documents as modified by this Agreement are duly valid, binding <br />agreements, enforceable in accordance with their terms and are hereby reaffirmed. <br />E. That all terms and provisions of the Loan Documents, except as expressly modified <br />by this Agreement, remain in full force and effect; nothing in this Agreement shall be <br />understood or construed to be a satisfaction or release in whole or in part of the <br />obligations contained in the Loan Documents; and that except as otherwise <br />specifically provided in, and as expressly modified by, this Agreement, the Lender <br />and I will be bound by, and will comply with, all of the terms and conditions of the <br />Loan Documents. <br />3 <br />