Preview
FILED: SUFFOLK COUNTY CLERK 04/16/2024 04:34 PM INDEX NO. 609756/2024
NYSCEF DOC. NO. 7 RECEIVED NYSCEF: 04/16/2024
EXHIBIT F
FILED: SUFFOLK COUNTY CLERK 04/16/2024 04:34 PM INDEX NO. 609756/2024
NYSCEF DOC. NO. 7 RECEIVED NYSCEF: 04/16/2024
We are here to help youl
. Ocwen Loan Servicing, LLC
Call toll-free: (800) 746-2936
WWW.OCWENCUSTOMERS.COM
. Mon-Fri 8:00am - Sat 8:00am -5:00pm
9:00pm,
................... Helping Homeowners is What We Do! ™
Sun 9:00am -9:00pm ET
O C W E N
LOAN MODIFICATION AGREEMENT
Ocwen Loan Servicing, LLC ("Ocwen") is offering you this Loan Modification Agreement ("Agreement"), dated 11/23/2015, which
modifies the terms of your home loan obligations as described in detail below:
A. the Mortgage, Deed of Trust, or Security Deed (the "Mortgage"), dated and rêccided in the public records of
Suffolk County, and
B. the Note, of the same date and secured by the Mortgage, which covers the real and personal property describêd in the
Mortgage and defined therein as the "Property", located at 467 Bridge Rd, Hauppauge, NY 11788.
Pursuant to our mutual agrêêmsñt to modify your Note and Martgage and in consideration of the promises, condi+!ons, and terms
set forth below, the partles agree as follows:
1. You agree that the new principal balance due under your mad|fiêd Note and the Mortgage will be $265,525.00. Upon
modification, your Note will become contractually current.
2. You promise to make an initial payment in the amount of $1,766.38 on or before 12/16/2015, after which you will
commence payments of principal and interest in the amount of $1,106.43
beginning on 2/1/2016 and continuing on the
same day of each succeeding month until all amounts owed under the Note and Modification are paid in full.
3. You will be required to pay to Ocwen, until such time the loan is paid in full, a sum to provide for payment of amcüñts due for (I)
yearly taxes and assessments which may attain priority over the Security !nct--.ant as a lien on the Property, and (ii) yearly hazard
or property insurance premiums, all in accordance with the terms and cond!tions of the Security Instrument. A waiver of this
isquiramsñt by Ocwen as of the Effective Date shall not conditute a waiver of such requirement at any future date, and Ocwen
specifica||y reserves the right, in its sole and absolute discretion, to impose such requirement at any time upon written notice to
you.
4. Upon Modification, the annual rate of interest charged on the unpaid principal balance of your loan will be 3.98000% . This rate will
remain in effect until the maturity date of your loan.
5. You promise to make p2yments of principal and interest on the same day of each succeeding month until 5/1/2035, at
which time a final balloon payment in an amount equal to all remaining amounts under the Note and Mod!f!cat!on will be due,
6. You will comply with all other covenants, agreements and requiremêñts of your Mortgage, including without limitation, the
covenants and agreements to make all payments of taxes, insurance premiums, assessments, escrow items, impounds and all
other payments that you are obligated to make under the Mortgage, except as otherwise provided herein.
7. If you sell your prcperty, refinance or otherwise payoff your loan during the 12 months following the date of Med!f!cetion, the
Modmcation will be vcidab|ê at the sole option of Ocwen and all amounts owed under the obligations existing prior to the
Modification will be due and owing.
8. You understand and agree that:
(a) All the rights and remedies, stipulations and ccaditicñs contained in your Mortgage relating to default in the making of
payments under the Mcrtgage will also apply to default in the making of the modifiêd payments here under.
This communication is from a debt collector attemptiñg to collect a debt; any information übtained will be used for that purpose.
I-iewêver, if the debt is in active bankruptcy or has been discharged through bankruptcy, this communication is purely provided to
you for informat!one! purposes only with regard to our secured lien on the above referenced próperty. It is not intended as an
attempt to collect a debt from you personally.
REDACTED
FILED: SUFFOLK COUNTY CLERK 04/16/2024 04:34 PM INDEX NO. 609756/2024
NYSCEF DOC. NO. 7 RECEIVED NYSCEF: 04/16/2024
We are here to help youl
Ocwen Loan Servicing, LLC
Call toll-free: (800) 746-2936
WWW.OCWENCUSTOMERS.COM
- - 5:00pm
,, Mon-Fri 8:00am 9:00pm, Sat 8:00am
L. .. .... ....... . Helping nüméüwners is What We Dol ™
Sun 9:00am - 9:00pm ET
O C W E N __
(b) All covenants, agicements, stipu!:t!ons and ccñditions in your Note and Mortgage will remain in full force and effect,
except as herein , and none of the your obligatians
racd|f|êd or liabilities under your Note and Mortgage will be
diminished or released by any prüvisiõñs hereof, nor will this Agreement in any way impair, diminish or affect any of
Ocwen's rights under or remedies on your Note and Mortgage, whether such rights or remedies arise there under or by
operation of law. Also, all rights of recourse to which Ocwen is presently entitled against any piopmy or any other
persons in any way obligated for, or liable on, your Note and Mortgage are expressly reserved by Ocwen.
(c) Any expenses incurred in ccañêctica with the servicing of your loan, but not yet charged to your account as of the date of
this Agreement, may be charged to your account after the date of this Agreement.
(d) Nothiñg in this Agreement will be understccd or construed to be a satisfaction or release in whole or in part of your
Note and Mortgage.
(e) You agree to make and execute such other documents or papers as may be necessary or icqü|rêd to effectuate the terms
and oceditieñs of this Agreemêñt which, if approved and accepted by Ocwen, will bind and inure to your heirs, executors,
admin!:trators and assigns.
(f) You understand that this agreement is legally binding and that It affects your rights. You confirm that you have had the
opportunity to obtain |..depcadañt legal counsel concerning this Agreement and are signing this Agreement voluntarily and
with full understanding of its contents and meaning.
(g) Corrections and Omissions: You agree to execute such other and further documents as may be reasonably necessary to
consummete the transactions cent:=‡:ted herein or to perfect the liens and security interests B,tsaded to secure the
pa ent of the loan evidenced by the Note.
n I.oan Se ng, Karen'Efowler
Gisele Cazeau Stl 0 5 1
By:
Authorized Officer
This communication is from a debt ccilectcr eMem-t!ng to collect a debt; any information obtained wili be used for that purpose.
However, if the debt is in active bankruptcy or has been discharged through bankruptcy, this communication is purely provided to
you for informational purposes only with regard to our secured lien on the above referenced property. It Is not |ntended as an
attempt to collect a debt f rom you personally.
Page 4
FILED: SUFFOLK COUNTY CLERK 04/16/2024 04:34 PM INDEX NO. 609756/2024
NYSCEF DOC. NO. 7 RECEIVED NYSCEF: 04/16/2024
We are here to help youl
, Ocwen Loan Servicing, LLC
Call toll-free: (800) 746-2936
WWW.0CWENCUSTOMERS.COM
on-M 8:00am -9:00pm, Sat 8:00am - 5:00pm
.. ....... ....... . Helping Homeowners is What We Do! ™
Sun 9:00am - 9:00pm ET
O C W E N
11/23/2015
Loan Number:
Karen E Fowler
467 Bridge Rd
Hauppauge, NY 11788
PropertvAddress:
467 Bridge Rd
Hauppauge, NY 11788
BALLOON DISCLOSURE
The loan modificaticñ for which you have applied contains a balloon pr©visicñ. This means that even if you make all p=yrnañts full
and on time, the loan will not be paid in full by the final payment date. Your estimated balloon payment amount is $186,842.56
and will be due In a single payment on 5/1/2035, prsvided that all payments are made in accordance with the loan terms and the
interest rate does not change for the entire loan term. The balloon payment may vary depending on your payment history, and, if
you have an adjustable rate mortgage, any interest rate changes that occur during the life of the loan.
Neither Ocwen Loan Serviciñg, LLC nor any lender to which your loan is transferred or assigned is under any obligation to finance the
amount of the balloon payment, in additicñ, the value of the real estate securing this loan may change during the term of the loan.
On the date the balloon peyment becomes due, the value of the real estate may not be sufficiêñt to secure a new loan in an amount
equal to the balloon payment.
I/we have read the above disclosure and ackñcw:êdge receiving a copy by signing below.
4.... > tMn eÅa
an Servi g, Karen E t ler
Cazeau JAN 0 5 2016
gy. Gisele
Authorized Officer
This at½n is from a debt ccilêctci attempting to collect a debt; any information obtained will be used for that purpose.
or has been discharged
cc- et!on is purely provided to
Hüwever, if the debt is in active bankruptcy through bankruptcy, this
you for informational purposes only with regard to our secured lien on the above referenced property. It is not intcñded as an
attempt to collect a debt from you personally.
FILED: SUFFOLK COUNTY CLERK 04/16/2024 04:34 PM INDEX NO. 609756/2024
NYSCEF DOC. NO. 7 RECEIVED NYSCEF: 04/16/2024
LIBERTY LAND TITLE AGENCY, LLC
as agent for•
LAWYERS TITLE INSURANCE CORPORATION
Tide No.
REDACTED
REDACTED
SCHEDULE A
(Amended)
ALL that certain plot, piece or parcel of land with the baildings and iir3rovsments thereon
erected, situate, lying and being at Hamppsagc, Town of Islip, County of Suffolk and State of
New York, being bounded and described as follows:
BE OINNING at a point on the Northerly side of Bridge Road (Long Island Motor Parkway)
distant 612 feet Westerly from the corner formed by the intersection of the Northerly side of
Bridge Road with the Westerly side of Wheeler Road;
RT.INNING THENCE along the Northerly side of Bridge Road, South 79 degrees 31 ruinetae 00
sec onds West, 95.75 feet to a point;
TFENCB North 10 degrees 14 =inutes 00 seconds West, 253.45 feet to a point;
TilENCBNorth 79 degrees 50 =inutes 00 seconds Bast, 95.75 feet to a point;
TIIBNCE South 10 degrees 14 minutes 00 seconds Bast, 254.80 fear to the Northerly side of
Bridge Road, the point or place of BBGINNINO.
streets arid
lior conveyanolog only, { Togedter with all right, title and interest of in and to any
11 intended to be conveyed. { roada abunting the aboye described premises, to the center line thereof
MAR 22 ' 10: 11
05
PAGE. 03
Preview
FILED: SUFFOLK COUNTY CLERK 04/16/2024 04:34 PM INDEX NO. 609756/2024 NYSCEF DOC. NO. 7 RECEIVED NYSCEF: 04/16/2024 EXHIBIT F FILED: SUFFOLK COUNTY CLERK 04/16/2024 04:34 PM INDEX NO. 609756/2024 NYSCEF DOC. NO. 7 RECEIVED NYSCEF: 04/16/2024 We are here to help youl . Ocwen Loan Servicing, LLC Call toll-free: (800) 746-2936 WWW.OCWENCUSTOMERS.COM . Mon-Fri 8:00am - Sat 8:00am -5:00pm 9:00pm, ................... Helping Homeowners is What We Do! ™ Sun 9:00am -9:00pm ET O C W E N LOAN MODIFICATION AGREEMENT Ocwen Loan Servicing, LLC ("Ocwen") is offering you this Loan Modification Agreement ("Agreement"), dated 11/23/2015, which modifies the terms of your home loan obligations as described in detail below: A. the Mortgage, Deed of Trust, or Security Deed (the "Mortgage"), dated and rêccided in the public records of Suffolk County, and B. the Note, of the same date and secured by the Mortgage, which covers the real and personal property describêd in the Mortgage and defined therein as the "Property", located at 467 Bridge Rd, Hauppauge, NY 11788. Pursuant to our mutual agrêêmsñt to modify your Note and Martgage and in consideration of the promises, condi+!ons, and terms set forth below, the partles agree as follows: 1. You agree that the new principal balance due under your mad|fiêd Note and the Mortgage will be $265,525.00. Upon modification, your Note will become contractually current. 2. You promise to make an initial payment in the amount of $1,766.38 on or before 12/16/2015, after which you will commence payments of principal and interest in the amount of $1,106.43 beginning on 2/1/2016 and continuing on the same day of each succeeding month until all amounts owed under the Note and Modification are paid in full. 3. You will be required to pay to Ocwen, until such time the loan is paid in full, a sum to provide for payment of amcüñts due for (I) yearly taxes and assessments which may attain priority over the Security !nct--.ant as a lien on the Property, and (ii) yearly hazard or property insurance premiums, all in accordance with the terms and cond!tions of the Security Instrument. A waiver of this isquiramsñt by Ocwen as of the Effective Date shall not conditute a waiver of such requirement at any future date, and Ocwen specifica||y reserves the right, in its sole and absolute discretion, to impose such requirement at any time upon written notice to you. 4. Upon Modification, the annual rate of interest charged on the unpaid principal balance of your loan will be 3.98000% . This rate will remain in effect until the maturity date of your loan. 5. You promise to make p2yments of principal and interest on the same day of each succeeding month until 5/1/2035, at which time a final balloon payment in an amount equal to all remaining amounts under the Note and Mod!f!cat!on will be due, 6. You will comply with all other covenants, agreements and requiremêñts of your Mortgage, including without limitation, the covenants and agreements to make all payments of taxes, insurance premiums, assessments, escrow items, impounds and all other payments that you are obligated to make under the Mortgage, except as otherwise provided herein. 7. If you sell your prcperty, refinance or otherwise payoff your loan during the 12 months following the date of Med!f!cetion, the Modmcation will be vcidab|ê at the sole option of Ocwen and all amounts owed under the obligations existing prior to the Modification will be due and owing. 8. You understand and agree that: (a) All the rights and remedies, stipulations and ccaditicñs contained in your Mortgage relating to default in the making of payments under the Mcrtgage will also apply to default in the making of the modifiêd payments here under. This communication is from a debt collector attemptiñg to collect a debt; any information übtained will be used for that purpose. I-iewêver, if the debt is in active bankruptcy or has been discharged through bankruptcy, this communication is purely provided to you for informat!one! purposes only with regard to our secured lien on the above referenced próperty. It is not intended as an attempt to collect a debt from you personally. REDACTED FILED: SUFFOLK COUNTY CLERK 04/16/2024 04:34 PM INDEX NO. 609756/2024 NYSCEF DOC. NO. 7 RECEIVED NYSCEF: 04/16/2024 We are here to help youl Ocwen Loan Servicing, LLC Call toll-free: (800) 746-2936 WWW.OCWENCUSTOMERS.COM - - 5:00pm ,, Mon-Fri 8:00am 9:00pm, Sat 8:00am L. .. .... ....... . Helping nüméüwners is What We Dol ™ Sun 9:00am - 9:00pm ET O C W E N __ (b) All covenants, agicements, stipu!:t!ons and ccñditions in your Note and Mortgage will remain in full force and effect, except as herein , and none of the your obligatians racd|f|êd or liabilities under your Note and Mortgage will be diminished or released by any prüvisiõñs hereof, nor will this Agreement in any way impair, diminish or affect any of Ocwen's rights under or remedies on your Note and Mortgage, whether such rights or remedies arise there under or by operation of law. Also, all rights of recourse to which Ocwen is presently entitled against any piopmy or any other persons in any way obligated for, or liable on, your Note and Mortgage are expressly reserved by Ocwen. (c) Any expenses incurred in ccañêctica with the servicing of your loan, but not yet charged to your account as of the date of this Agreement, may be charged to your account after the date of this Agreement. (d) Nothiñg in this Agreement will be understccd or construed to be a satisfaction or release in whole or in part of your Note and Mortgage. (e) You agree to make and execute such other documents or papers as may be necessary or icqü|rêd to effectuate the terms and oceditieñs of this Agreemêñt which, if approved and accepted by Ocwen, will bind and inure to your heirs, executors, admin!:trators and assigns. (f) You understand that this agreement is legally binding and that It affects your rights. You confirm that you have had the opportunity to obtain |..depcadañt legal counsel concerning this Agreement and are signing this Agreement voluntarily and with full understanding of its contents and meaning. (g) Corrections and Omissions: You agree to execute such other and further documents as may be reasonably necessary to consummete the transactions cent:=‡:ted herein or to perfect the liens and security interests B,tsaded to secure the pa ent of the loan evidenced by the Note. n I.oan Se ng, Karen'Efowler Gisele Cazeau Stl 0 5 1 By: Authorized Officer This communication is from a debt ccilectcr eMem-t!ng to collect a debt; any information obtained wili be used for that purpose. However, if the debt is in active bankruptcy or has been discharged through bankruptcy, this communication is purely provided to you for informational purposes only with regard to our secured lien on the above referenced property. It Is not |ntended as an attempt to collect a debt f rom you personally. Page 4 FILED: SUFFOLK COUNTY CLERK 04/16/2024 04:34 PM INDEX NO. 609756/2024 NYSCEF DOC. NO. 7 RECEIVED NYSCEF: 04/16/2024 We are here to help youl , Ocwen Loan Servicing, LLC Call toll-free: (800) 746-2936 WWW.0CWENCUSTOMERS.COM on-M 8:00am -9:00pm, Sat 8:00am - 5:00pm .. ....... ....... . Helping Homeowners is What We Do! ™ Sun 9:00am - 9:00pm ET O C W E N 11/23/2015 Loan Number: Karen E Fowler 467 Bridge Rd Hauppauge, NY 11788 PropertvAddress: 467 Bridge Rd Hauppauge, NY 11788 BALLOON DISCLOSURE The loan modificaticñ for which you have applied contains a balloon pr©visicñ. This means that even if you make all p=yrnañts full and on time, the loan will not be paid in full by the final payment date. Your estimated balloon payment amount is $186,842.56 and will be due In a single payment on 5/1/2035, prsvided that all payments are made in accordance with the loan terms and the interest rate does not change for the entire loan term. The balloon payment may vary depending on your payment history, and, if you have an adjustable rate mortgage, any interest rate changes that occur during the life of the loan. Neither Ocwen Loan Serviciñg, LLC nor any lender to which your loan is transferred or assigned is under any obligation to finance the amount of the balloon payment, in additicñ, the value of the real estate securing this loan may change during the term of the loan. On the date the balloon peyment becomes due, the value of the real estate may not be sufficiêñt to secure a new loan in an amount equal to the balloon payment. I/we have read the above disclosure and ackñcw:êdge receiving a copy by signing below. 4.... > tMn eÅa an Servi g, Karen E t ler Cazeau JAN 0 5 2016 gy. Gisele Authorized Officer This at½n is from a debt ccilêctci attempting to collect a debt; any information obtained will be used for that purpose. or has been discharged cc- et!on is purely provided to Hüwever, if the debt is in active bankruptcy through bankruptcy, this you for informational purposes only with regard to our secured lien on the above referenced property. It is not intcñded as an attempt to collect a debt from you personally. FILED: SUFFOLK COUNTY CLERK 04/16/2024 04:34 PM INDEX NO. 609756/2024 NYSCEF DOC. NO. 7 RECEIVED NYSCEF: 04/16/2024 LIBERTY LAND TITLE AGENCY, LLC as agent for• LAWYERS TITLE INSURANCE CORPORATION Tide No. REDACTED REDACTED SCHEDULE A (Amended) ALL that certain plot, piece or parcel of land with the baildings and iir3rovsments thereon erected, situate, lying and being at Hamppsagc, Town of Islip, County of Suffolk and State of New York, being bounded and described as follows: BE OINNING at a point on the Northerly side of Bridge Road (Long Island Motor Parkway) distant 612 feet Westerly from the corner formed by the intersection of the Northerly side of Bridge Road with the Westerly side of Wheeler Road; RT.INNING THENCE along the Northerly side of Bridge Road, South 79 degrees 31 ruinetae 00 sec onds West, 95.75 feet to a point; TFENCB North 10 degrees 14 =inutes 00 seconds West, 253.45 feet to a point; TilENCBNorth 79 degrees 50 =inutes 00 seconds Bast, 95.75 feet to a point; TIIBNCE South 10 degrees 14 minutes 00 seconds Bast, 254.80 fear to the Northerly side of Bridge Road, the point or place of BBGINNINO. streets arid lior conveyanolog only, { Togedter with all right, title and interest of in and to any 11 intended to be conveyed. { roada abunting the aboye described premises, to the center line thereof MAR 22 ' 10: 11 05 PAGE. 03