Official Form 410S1

Notice of Mortgage Payment Change 12/15

If the debtor’s plan provides for payment of postpetition contractual installments on your claim secured by a security interest in the 

debtor’s principal residence, you must use this form to give notice of any changes in the installment payment amount. File this form

as a supplement to your proof of claim at least 21 days before the new payment amount is due. See Bankruptcy Rule 3002.1.

Name of creditor: _______________________________________ Court claim no. (if known): _____________________

Last 4 digits of any number you use to 

identify the debtor’s account: ____ ____ ____ ____ 

Date of payment change:

Must be at least 21 days after date 

of this notice

____/____/_____

New total payment: Principal, interest, and escrow, if any $ ____________

Part 1: Escrow Account Payment Adjustment 

1. Will there be a change in the debtor’s escrow account payment?

q No

q Yes. Attach a copy of the escrow account statement prepared in a form consistent with applicable nonbankruptcy law. Describe

the basis for the change. If a statement is not attached, explain why: ___________________________________________

__________________________________________________________________________________________________

Current escrow payment: $ _______________ New escrow payment: $ _______________

Part 2: Mortgage Payment Adjustment

2. Will the debtor’s principal and interest payment change based on an adjustment to the interest rate on the debtor's 

variable-rate account?

q No

q Yes. Attach a copy of the rate change notice prepared in a form consistent with applicable nonbankruptcy law. If a notice is not 

attached, explain why: _______________________________________________________________________________

__________________________________________________________________________________________________

Current interest rate: _______________% New interest rate: _______________%

Current principal and interest payment: $ _______________ New principal and interest payment: $ _______________

Part 3: Other Payment Change

3. Will there be a change in the debtor’s mortgage payment for a reason not listed above?

q No

q Yes. Attach a copy of any documents describing the basis for the change, such as a repayment plan or loan modification agreement. 

(Court approval may be required before the payment change can take effect.)

Reason for change: ___________________________________________________________________________________

Current mortgage payment: $ _______________ New mortgage payment: $ _______________

Debtor 1 __________________________________________________________________ 

Debtor 2 ________________________________________________________________

(Spouse, if filing)

United States Bankruptcy Court for the: ______________________ District of __________ (State)

Case number ___________________________________________

 Fill in this information to identify the case:

Official Form 410S1 Notice of Mortgage Payment Change page 1

HMC Assets, LLC solely in its capacity as Separate 

Trustee of Community Development Fund II Trust 4

4012

2,307.61

732.58 781.17

John W. McNeil, Jr.

Southern FL

20-21387-AJC

02 01 2021

Case 20-21387-AJC Doc 45 Filed 01/08/21 Page 1 of 5
Debtor 1 _______________________________________________________ Case number (if known) _____________________________________ First Name Middle Name Last Name

Part 4: Sign Here

The person completing this Notice must sign it. Sign and print your name and your title, if any, and state your address and 

telephone number.

Check the appropriate box.

q I am the creditor.

q I am the creditor’s authorized agent.

I declare under penalty of perjury that the information provided in this claim is true and correct to the best of my 

knowledge, information, and reasonable belief.

û_____________________________________________________________ Date ____/_____/________

 Signature

Print: _________________________________________________________ Title ___________________________

First Name Middle Name Last Name

Company _________________________________________________________

Address _________________________________________________________

Number Street

___________________________________________________

City State ZIP Code

Contact phone (______) _____– _________ Email ________________________

Official Form 410S1 Notice of Mortgage Payment Change page 2

X

John W. McNeil, Jr. 20-21387-AJC

/s/ Christophal Hellewell 01 08 2021

Christophal Hellewell AUTHORIZED AGENT

Ghidotti Berger, LLP

1031 North Miami Beach Boulevard

North Miami Beach, FL 33162

305 501 2808 bknotifications@ghidottiberger.com

Case 20-21387-AJC Doc 45 Filed 01/08/21 Page 2 of 5
314 S. Franklin Street, 2nd Floor 

P.O. Box 517 

Titusville, PA 16354 

1-800-327-7861 

https://myloanweb.com/BSI 

PROPERTY ADDRESS

27237 SOUTHWEST 121ST COURT

HOMESTEAD, FL 33032

JOHN W MCNEIL

27237 SW 121ST CT

HOMESTEAD, FL 33032

DATE: 12/22/20

ACCOUNT NUMBER: 

Annual Escrow Account

Disclosure Statement

PLEASE REVIEW THIS STATEMENT CLOSELY - YOUR MORTGAGE PAYMENT MAY BE AFFECTED. THIS STATEMENT TELLS

YOU OF ANY CHANGES IN YOUR MORTGAGE PAYMENT, ANY SURPLUS REFUNDS, OR ANY SHORTAGE YOU MUST PAY.

IT ALSO SHOWS YOU THE ANTICIPATED ESCROW ACTIVITY FOR YOUR ESCROW CYCLE BEGINNING 02/01/2021

THROUGH 01/31/2022.

 -------- ANTICIPATED PAYMENTS FROM ESCROW 02/01/2021 TO 01/31/2022 ---------

HOMEOWNERS INS $4,668.20

COUNTY TAX $4,011.51

TOTAL PAYMENTS FROM ESCROW $8,679.71

MONTHLY PAYMENT TO ESCROW $723.30

 ------ ANTICIPATED ESCROW ACTIVITY 02/01/2021 TO 01/31/2022 ---------

 ANTICIPATED PAYMENTS ESCROW BALANCE COMPARISON

MONTH TO ESCROW FROM ESCROW DESCRIPTION ANTICIPATED REQUIRED

 STARTING BALANCE --> $2,198.82 $2,893.31

FEB $723.30 $2,922.12 $3,616.61

MAR $723.30 $3,645.42 $4,339.91

APR $723.30 $4,368.72 $5,063.21

MAY $723.30 $5,092.02 $5,786.51

JUN $723.30 $5,815.32 $6,509.81

JUL $723.30 $6,538.62 $7,233.11

AUG $723.30 $7,261.92 $7,956.41

SEP $723.30 $7,985.22 $8,679.71

OCT $723.30 $8,708.52 $9,403.01

NOV $723.30 $4,668.20 HOMEOWNERS INS $4,763.62 $5,458.11

 $4,011.51 COUNTY TAX L1-> $752.11 L2-> $1,446.60

DEC $723.30 $1,475.41 $2,169.90

JAN $723.30 $2,198.71 $2,893.20

 --------- DETERMINING THE SUFFICIENCY OF YOUR ESCROW BALANCE --------

IF THE ANTICIPATED LOW POINT BALANCE (L1) IS LESS THAN THE REQUIRED BALANCE (L2), THEN YOU HAVE AN

ESCROW SHORTAGE. YOUR ESCROW SHORTAGE IS $694.49.

 CALCULATION OF YOUR NEW PAYMENT 

PRIN & INTEREST $1,526.44

ESCROW PAYMENT $723.30

SHORTAGE PYMT $57.87

NEW PAYMENT EFFECTIVE 02/01/2021 $2,307.61

YOUR ESCROW CUSHION FOR THIS CYCLE IS $1,446.60.

PAGE 1 OF 2 

Escrow Payment Options

I understand that my taxes and/or insurance has increased and that

my escrow account is short $694.49. I have enclosed a check for:

Option 1: $694.49, the total shortage amount. I understand

that if this is received by 02/01/2021 my monthly mortgage

payment will be $2,249.74 starting 02/01/2021. 

Option 2: $_____________ , part of the shortage. I understand

that the rest of the shortage will be divided evenly and added

to my mortgage payment each month. 

Option 3: You do not need to do anything if you want to

have all of your shortage divided evenly among the next

12 months. 

Please make your check payable to: BSI FINANCIAL SERVICES and

please include your loan number on your check.

Important: Please return this coupon with your check.

BSI FINANCIAL SERVICES 

314 S. Franklin Street, 2nd Floor 

P.O. Box 517 

Titusville, PA 16354 

 

Loan Number:

Statement Date:

Escrow Shortage:

12/22/20

 $694.49

********** Continued on reverse side ************

1404474012_ESCROWDISCSTMT_201222 

Case 20-21387-AJC Doc 45 Filed 01/08/21 Page 3 of 5
 ACCOUNT HISTORY

THIS HISTORY STATEMENT COMPARES YOUR PRIOR ANALYSIS CYCLE PROJECTED ESCROW ACTIVITY TO THE ACTUAL

ESCROW ACTIVITY BEGINNING 12/01/2020 AND ENDING 11/30/2021. IF YOUR LOAN WAS PAID-OFF, ASSUMED OR

TRANSFERRED DURING THIS PRIOR CYCLE, OR THE COMPUTATION YEAR IS BEGING CHANGED, ACTUAL ACTIVITY STOPS AT

THAT POINT. THIS STATEMENT IS INFORMATION ONLY AND REQUIRES NO ACTION ON YOUR PART.

YOUR PAYMENT BREAKDOWN AS OF 12/01/2020 IS:

PRIN & INTEREST $1,526.44

ESCROW PAYMENT $700.17

SHORTAGE PYMT $32.41

BORROWER PAYMENT $2,259.02

 PAYMENTS TO ESCROW PAYMENTS FROM ESCROW ESCROW BALANCE

MONTH PRIOR PROJECTED ACTUAL PRIOR PROJECTED ACTUAL DESCRIPTION PRIOR PROJECTED ACTUAL

 STARTING BALANCE $1,400.35 $19,381.39-

DEC $700.17 $0.00 $2,100.52 A-> $19,381.39-

JAN $700.17 $0.00 $2,800.69 $19,381.39-

FEB $700.17 $0.00 $3,500.86 $19,381.39-

MAR $700.17 $0.00 $4,201.03 $19,381.39-

APR $700.17 $0.00 $4,901.20 $19,381.39-

MAY $700.17 $0.00 $5,601.37 $19,381.39-

JUN $700.17 $0.00 $6,301.54 $19,381.39-

JUL $700.17 $0.00 $7,001.71 $19,381.39-

AUG $700.17 $0.00 $7,701.88 $19,381.39-

SEP $700.17 $0.00 $8,402.05 $19,381.39-

OCT $700.17 $0.00 $9,102.22 $19,381.39-

NOV $700.17 $0.00 $4,668.20 HOMEOWNERS INS T-> $1,400.34 $19,381.39-

NOV $3,733.85 COUNTY TAX __________ __________ __________ __________

 $8,402.04 $0.00 $8,402.05 $0.00

UNDER FEDERAL LAW, WHEN YOUR ACTUAL ESCROW BALANCE REACHED THE LOWEST POINT, THAT BALANCE WAS

TARGETED NOT TO EXCEED 1/6TH OF THE ANNUAL PROJECTED DISBURSEMENTS. YOUR LOAN DOCUMENTS OR STATE

LAW MAY SPECIFY THAT YOUR LOWEST BALANCE MUST BE A LOWER AMOUNT THAN THE FEDERAL LAW ALLOWS.

UNDER YOUR MORTGAGE CONTRACT OR STATE OR FEDERAL LAW, YOUR TARGETED LOW POINT BALANCE (T) WAS

$1,400.34. YOUR ACTUAL LOW POINT ESCROW BALANCE (A) WAS $19,381.39-.

BY COMPARING THE ANTICIPATED ESCROW TRANSACTIONS WITH THE ACTUAL TRANSACTIONS YOU CAN DETERMINE

WHERE A DIFFERENCE MAY HAVE OCCURRED. AN ASTERISK (*) INDICATES A DIFFERENCE IN EITHER THE AMOUNT OR

DATE OF THE PROJECTED ACTIVITY THAT HAS NOT YET OCCURRED DUE TO THE DATE OF THIS STATEMENT. 

IF THERE ARE NO PRIOR PAYMENTS TO OR FROM ESCROW SHOWN, THERE WAS NO PRIOR PROJECTION TO WHICH THE

ACTUAL ACTIVITY COULD BE COMPARED. 

Determining your Shortage or Surplus

Shortage: Any shortage in your escrow account is usually caused by one the following items: An increase, if any, in what was paid for insurance and/or taxes from your escrow account.

A projected increase in taxes for the upcoming year.

The number of months elapsed from the time of these disbursements to the new payment effective date.

Shortages are divided evenly of the next twelve months. To reduce the increase in your monthly payment, the

shortage can be paid either partially or in full.

Surplus: A surplus in your escrow account is usually caused by one the following items: The insurance/taxes paid during the past year were lower than projected.

A refund was received from the taxing authority or insurance carrier.

Additional funds were applied to your escrow account.

If your surplus is $50.00 or greater and your loan was contractually current at the time when the analysis was

run or calculated, a check will be sent to you. If your surplus is less than $50.00, the funds will be retained in

your escrow account. 

...

...

PAGE 2 OF 2 

********** Continued from front **********

Licensed as Servis One, Inc. dba BSI Financial Services BSI Financial Services BSI NMLS# 38078.

Customer Care Hours: Mon. - Fri. 8:00 am to 11:00 pm (ET) and Sat. 8:00 am to 12:00 pm (ET).

If you have filed a bankruptcy petition and there is an "automatic stay" in effect in your bankruptcy case or you have received a discharge of your personal liability for the obligation identified in this letter, we may

not and do not intend to pursue collection of that obligation from you personally. If either of these circumstances apply, this notice is not and should not be construed to be a demand for payment from you

personally. Unless the Bankruptcy Court has ordered otherwise, please also note that despite any such bankruptcy filing, whatever rights we hold in the property that secures the obligation remain unimpaired.

Case 20-21387-AJC Doc 45 Filed 01/08/21 Page 4 of 5
CERTIFICATE OF SERVICE

On January 8, 2021, I served the foregoing documents described as Notice of Mortgage Payment 

Change on the following individuals by electronic means through the Court’s ECF program:

Nancy K. Neidich e2c8f01@ch13miami.com ecf2@ch13miami.com

Office of the US Trustee USTPRegion21.MM.ECF@usdoj.gov

Raysa I. Rodriguez, Esq brpa@biggerodriguez.com, biggerr72292@notify.bestcase.com

I declare under penalty of perjury under the laws of the United States of America that the 

foregoing is true and correct.

/s/ Lauren Simonton

Lauren Simonton

On January 8, 2021, I served the foregoing documents described as Notice of Mortgage Payment 

Change on the following individuals by depositing true copies thereof in the United States mail at Santa 

Ana, California enclosed in a sealed envelope, with postage paid, addressed as follows: 

DEBTOR

John W. McNeil, Jr.

27237 S.W. 121 Ct.

Homestead, FL 33032

I declare under penalty of perjury under the laws of the United States of America that the 

foregoing is true and correct.

/s/ Lauren Simonton

Lauren Simonton

Case 20-21387-AJC Doc 45 Filed 01/08/21 Page 5 of 5