[DATE, Ex. Wednesday, June 11, 2018]
[NAME, COMPANY AND ADDRESS]
Dear _________[NAME],
I refer to the mortgage loan from you to me in the original principal amount of ________[ORIGINAL AMOUNT OF MORTGAGE LOAN] over our property at ____________[ADDRESS OF MORTGAGED PROPERTY].
We hereby confirm that the principal sum of _______[AMOUNT] which was due on __________________[DUE DATE OF PAYMENT, Ex. June 30, 2018] was not paid, and that you are agreeable to deferring payment of this amount to ___________[DATE PAYMENT DEFFERRED TO, Ex. September 30, 2018].
We further confirm that we will continue to pay interest on the full amount of the principal outstanding under the mortgage at the rate provided in the mortgage until the principal has been repaid in full.
Sincerely,
___________
[YOUR NAME]
The undersigned hereby acknowledges his/her agreement with the foregoing.
[NAME]
