If checked, box 1 does not include loan origination fees and/or capitalized interest for loans made before September 1, 2004.
Does the phrase "for loans made before September 1, 2004" modify capitalized interest only, or does it also modify loan origination fees?
Is the statement equivalent to
If checked, box 1 includes neither capitalized interest for loans made before September 1, 2004 nor loan origination fees (for loans made at any time).