June 05, 2015 "CERTIFIED FUNDS ONLY" XQ611/KSK 

 ********Our Offices Will Be Closed on Friday, July 3, 2015********

 **email** 

 LOAN NUMBER: 1641 

 LOAN TYPE: Conventional 

 PAYOFF STATEMENT FOR: PROPERTY ADDRESS: 13865 Swwalker Rd 

 Denise Subramaniam 

 Beaverton OR 97005 

 13865 SW Walker Rd 

 Beaverton OR 97005-1015 

 _________________________________________________________________________ 

 These figures are good to June 15, 2015. 

 This loan is due for the April 01, 2007 payment. 

 The current total unpaid principal balance is: $ 171,450.72 

 Interest at 10.62500% 109,768.04 

 Escrow/Impound overdraft 40,211.75 

 Unpaid late charges 2,687.43 

 Recordg/Assignmt Fee * 46.00 

 Prop Inspection Fee 393.25 

 Misc Client Fee .00 

 Payoff Update Fee .00 

 - - - - TOTAL AMOUNT TO PAY LOAN IN FULL - - - - $ 324,557.19 

 Funds received on or after June 15, 2015 will require an additional 

 $ 32.83 in interest per Day. 

 FUNDS RECEIVED FOR PAYOFF MUST BE U.S. DOLLARS IN THE FORM OF CERTIFIED 

 FUNDS OR WIRE TRANSFER ONLY, PAYABLE TO MGC Mortgage, Inc 

 WIRES RECEIVED AFTER 3 P.M. CST WILL BE CREDITED ON THE NEXT BUSINESS 

 DAY AND WILL REQUIRE ADDITIONAL PER DIEM INTEREST. 

 *If the Property Address shown above is located in Nassau County,

 New York, the amount disclosed includes a $75.00 fee for the Verification of

 Tax Map document required by the Nassau County Clerk's Office to be

 submitted as part of the Mortgage Release/Satisfaction filing.

 Funds sent by wire to Bank of America, Chicago, IL, ABA Number 026009593, 

 Account Number 6790, Account Title: Payoff Clearing Account. The 

 borrower(s) name and loan number must be referenced as part of the wire 

 transfer package, otherwise, funds will be rejected. To confirm our 

 receipt of your wire transfer and application of our Payoff, contact 

 our Customer Service Department at: 1-877-471-7888 the day following 

 your wire transfer. 

 PAYOFF CHECKS should be mailed to: MGC Mortgage, Inc 

 1 Corporate Drive, Suite 360, Lake Zurich, IL 60047, Attention: 

 Payoff Processing. 

 The payoff figures provided are subject to final verification by the note 

 holder. The note holder reserves the right to adjust these figures and 

 refuse or accept any funds which are insufficient to satisfy the full 

 indebtedness for any reason. 

 Issuance of this statement does not suspend the contract requirement 

 to make the mortgage payments when due. A late charge of $ 61.50 will 

 be assessed 15 days after a current payment is due and should be 

 added to the payoff total if received after that time. 

 If the funds received for payoff are not sufficient to satisfy the full 

 indebtedness of the loan, the shortage will be taken from the escrow/ 

 impound account (if applicable). If funds are still not sufficient to 

 satisfy the full indebtedness, the payoff funds will be returned. This 

 delay will cost you (the borrower) additional interest, as interest 

 continues to accrue on the indebtedness until the total amount required 

 for payoff is received. 

 Unless your escrow balance is being credited to your payoff balance, 

 scheduled tax and insurance disbursements will continue to be made from 

 the escrow/impound account until the date MGC Mortgage, Inc

 receives payoff funds. Any escrow balance or overpayment will be mailed 

 to the borrowers within 15 business days after the receipt and processing 

 of the funds required to pay the loan in full. 

 If your (the borrower(s)) monthly payments are automatically deducted 

 from a checking or savings account, a written cancellation request 

 must be received by our Automatic Drafting Department thirty (30) days 

 prior to the payoff date. Payments will continue to be automatically

 deducted until the written request is received and has been processed. 

 Provide any changes to the borrower(s) mailing address where the 

 executed release/reconveyance documents should be sent. 

 XQ611/KSK Loan Number: 1641 

Exhibit 4 

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Case 3:14-cv-01836-MO Document 54-4 Filed 06/08/15 Page 1 of 1