Loan lnvestor #

After Recording Return To: LLC GMAC Mortgage, Avenue 3451Hammond 50702 Waterloo,IA ID: Wl Custodian was preparedby GMAC Mo(qaqe' LLC This document $SpaceAbove This Line For Recording Datal

ENT AGREEM MODIFICATION

("1" Borrower LLC GMACMortgage, ('Lender"): Lender 03/01/2006 and ("Mortgage") Note("li'Jote"): Instruirent Dateof iirsttienSecurity LoanNumber ("Property" ls prJ tigitDescriqtlgnif recordation necqssary/ Address Property then this Modification respects, material true in aLll

as and TheMortgage Notetogetherr, theymaypreviot termsusedin thisAgreeme Capitalized Documenls.; LoanDocuments. (LegatDescniption Attachedas Exhibitif RecordingAgreement) 2 pet the unless preconditions forthin Section havebeensatisfied' will ThisAgreement nottakeeff'ect l.MyRepresentations'lcertify,representtoLenderpndagree: the under Loan (i) and hardship, as a result, | am in default a financial I am experienc;ing A. to liquid assets to or income itccess sufficient arrO | do not havesufficient Documents, lii) payments 0r in the nearfuture; now mortgage makethemonthly has and residenpe', theProperty notbeencondemned; as-"'! piincipat livein the Property I B. since I signedthe Loan Property c. Therehas been no changein the ownerihipof the Documents;

of to '1." Forpurposes thisdocument each this executing documenti is refened as or one i?trerelsrnoreTnan Bonower Mortgagor where appropnate' (such anO ve'rsa as'],ve) vice the (such thesingular as"l")shlliinclude plural *rO, ,ign,fying

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that (and methatI receivre I understand I am not when income to lny unlessI cho,se relyon such he LoilnDocum'ents); to I and information have provided Lenderin my regarding and information g the documents and' are for eligibility the lrrogram, trueandcorrect: I with in counselirrg connection the Program,will so; credit me requirrs to obtain lf Lender and; Planor LoanWorkout undera l'rial Period required makeall payments I havemadeor rruill Plan.

that: andacknowledge I to and Acknowledgements Preconditions Modification. understand under -as A. TIMElS OFTHEEISSENC;E thisAgreement; that determines 3 the Lender Effective B. lf priorto the Modification '1 Date setforthin Section will the trueand correct, LoanDocuments not are no longer in Sectiorr my representation{t will haveall of the the In will be modified tni, Agreement terminate. this event, Lender "nJ rightsandremediesprovidedbytheLoanDocumrgnts;and from and until(i) | receive unless modified will that C. I understand the LoanDocuments notber Effective and by signed the Lender, (ii)the Modification , the Lender .opy of thisAgreement thatthe Lender and underrstand agree i hasoccJrred. turtner Date(as detineiirr Sectioni) if I fail to of or will not be obligated boundto makeany modification the LoanDocuments this under Agrerement' meetanyoneoi the requirements 3.

'ns*lftJJ:ltiil:,,t: rfmv Modification representations rhe ff:"J'SL:"r'rffil: i&llHJi,fll:

and Date") all unpaid Effective 0 (the'Modification and willbe modified thefirst Ifre LoanDocurnents

Datewillbe:0110112042' A. The newMaturity that and all principal of balance my Notewillinclude announts arrearages will be B. The modified less any amountspaid to the Lenderbut not unpaidlate c-harge!) p-st due (exduJin,'g '02 of balance my Notewillbe $419061 (the treoiieJi'ory Loan.Thenefreiincipat bieviousty "NewPrinciPal Balarnce"). as Balance of Principal will at C. Interest the rate of 2.OOO0O% beginto accrueon the New will be due Balance payment the New Principal on and St1l2O1O the first new nnonthly Loanis as follows: for schedule the modified My on06/01/2010. payment
lnterest Rate lnterest Rate Ghange Date Monthly Principal and lnterest Payment Amount $1489,51 MonthlyEscrow Payment Amount
Total Monthly Paynent

Payment BeginsOn

Ends Paytnent on

2.00000%5l1lz011

ad,usts 0.00, after annually year 1

3.00000% 05/01/2C)15$1677.44 6 4.00000% 05/01/201

. $ 1 8 7 15 6

0 $ 1 4 8 9 . 5 1 06/01/201 051011201 , adjusts annually afteryear 1 06/01/2015 05/01/2016 AnnuallY Adjusts Adjusts
Annuallv

AdjustsAnnuallY

Adjusts Annuallv

0610112016 051o112017

0610112017 0110112Q42 AnnuallY Adjusts 5.00000% 0510112Q17$2070.58 Adjusts Annuallv

in to any supersr-.de provisionsthecontrary theLoan 3.C. in terms thisSection shall Theabove rate. interest or for to, but limited provision$ anadiustablestep including rnot Documents,

by this as with if D. I willbe in default I do notconrply thetermsof the LoanDocuments, modified Agreement. then the under LoanDocunrents, in theeventof default is rateof interest permitted E. lf a default that the as under LoanDocuments, amended, interest will be due will be the ratesetforth the

inSection 3.C.
4. Additional Agreements. I agreeto the following have representative(s) A. That all personswho signed the Loan Documentsor their aruthorized is deceased or the Lender has unless a borroweror co-borrower signed this Agreem,ent, in waivedthis requirement writing. Trial Period forbearance, the B. That this Agreementshall supe,rsede terms of any modification,

C,

D. E. F.

G.

H. l. J.

into entered tvithLender' PlanthatI prreviously Planor Workout with thattheyare modfied by thisAgreement, all covenants, To comply, exceptto the extent to my including agreement make all of and rerquirements Loan Documents agreements, and premiums, ltems,impounds, all other Escrcrw assessmernts, payments taxes,insurance of periodically thetermof my Loan. over payments, amount which nraychange of the Deleted. Intentionally in enforceable agreements, of are That the Loan Documents <;omposed dulyvalid,binding reaffirmed. andl hereby are with accordance theirterms modified this by excerpt expressly as of Thatall termsand ;rrovisiorrs the LoanDocuments, or shallbe understood in and remainin full force, effect;nothing this Agreement Agreement, in contained the in or to construed be a satisfaction release wholeor in partof the obligations provided and as expressly in, specificall'y arnd Loan Documents; that exceptas othenrvise with,all of the by, and I will be bound andwill comply the by, modified thisAgreement, Lender obligation and the payment that excect the Note, Documents, of terms andconditions the l-oan me personall'1. against are created thereunder, notenforceable of any Date,notwilhstanding other provision the Loan Elfective That,as of the Moclification in or as follows:lf all or any partof the Property any interest it is soldor I Documents,agree immediate require prior may,at its option, l-ender consent, L.ender's written without transferred this shallnot exercise Lender However, by payment full of all sumssecured the MortgaEp, in as the prohibits exercise suchoption o1f dateof suchsaleor transfer. of the opiionff federallaw or notice demand further permitted the Mortgage without by may invokeanyremedies Lender o nm e , will of Effective Date,a buyeror trans;feree the Property not be That,as of the Moclification any may the to permitted, underanll circumstance, assume Loan. ThisAgreement not,under of by, to, be circumstances, assigned or assumed a buyer the Property. for in Date,any provision the Note,as amended the Etfective That,as of the Mordification prepayment the Noteis nullandvoid, of for of assessment a penalty fullor partial in but grernted the Borrower the mortgage, if by title ThatMERSholdsonlylegal to theinterests for Lenderand Lender's with law or custom,MEF,S(as nominee to ne@ssary comprly including, but any hers to and successors assigns) the right: exercise or all of thoseinterests, of and and to, not limited the rightto fore<;lose sellthe F'roperty; to take any actionrequired Loan. thre and to, but including, notlimited releasing canceling 6et1n"ge lender

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