Loan Modification And Extension Agreement - Minnesota Housing (Page 3 of 4) in pdf

Loan Modification And Extension Agreement - Minnesota Housing Page 3

balance still due and owing to Lender under the Promissory Note shall be

due on the _______ day of _____________, 20_______, which is the

modified and extended maturity date for the Promissory Note.

Borrower agrees to make the payment specified in Section 5 hereinabove,

and understands and agrees that:

Borrower does not have any defenses, set-offs or counterclaims to the

amount due and owing to Lender under the Promissory Note as

modified herein;

All the rights, remedies, stipulations and conditions contained in the

Promissory Note, and any and all mortgages securing repayment

thereof, shall also apply to any default in or failure to pay the modified

payments required hereunder;

All costs and expenses incurred by Lender in connection with this

Agreement shall be paid in cash monies by Borrower, and shall not be

added to amounts to be paid under the Promissory Note as amended

and modified herein; and

Borrower shall make and execute any and all other documents as may

be necessary or required to effectuate the terms and conditions of this

Agreement.

Save and except for the modifications contained herein, the terms,

conditions and provisions of the Promissory Note, and any and all mortgages

securing repayment thereof, shall continue in full force and effect.

IN WITNESS WHEREOF, the parties hereto have executed this Agreement on

the day and date set forth below.

Borrower Signature

Type Borrower Name

Type Borrower name

Date

MMP_Servicing

3 of 4

04/2007

Loan Modification & Extension

Agreement

Loan Modification And Extension Agreement - Minnesota Housing Page 3