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200908497
<br />(C) "Lender" is Quicken Loans Inc.
<br />Lender is a Corporation
<br />organized and existing under the laws of the State of Michigan
<br />lender's address is 20555 Victor Parkway, Livonia. MI 48152
<br />(D) "Trustee" is ~~~~d/~~~'~n(C~//~~3~t~1'~c~C/t/ Ticor Title TnsurancE Company
<br />(E) "MERS" is Mortgage Electronic Registration Systems, Inc. MFRS is a separate corporation that is
<br />acting solely as a nominee for Lender and Lender's successors and assigns. MERS is the beneficiary
<br />under this Security Instrument, MERS is organized and existing under the laws of Delaware, and has an
<br />address and telephone number of P.O. Box 2026, Flint, MI 48501-2026, tel. (888) 679-MERS.
<br />(F) "Note" means the promissory note signed by Borrower and dated October 23 , 2009
<br />The Note states that Harrower owes Lender One Hundred Seventy One Thousand and
<br />0 0 / 10 0 Dollars
<br />(U.S. $171, 000.00 )plus interest. Borrower has promised to pay this debt in regular Periodic
<br />Payments and to pay the debt in full not later than November 1, 2 0 3 9
<br />(G) "Property" means the property that is described below under the heading "Transfer of Rights in the
<br />Property.
<br />(I~ "Loan" means the debt evidenced by the Note, plus interest, any prepayment charges and late charges
<br />due under the Note, and all sums due under this Security Instrument, plus interest.
<br />(I) "Riders" means all Riders to this Security Instrument that are executed by Borrower. The following
<br />Riders are to be executed by Horrower [check box as applicable]:
<br />[,,,] Adjustable Rate Rider ^ Condominium Rider ^ Second Home Rider
<br />^ Balloon Rider ^ Planned Unit Development Rider [] 1-4 Family Rider
<br />^ VA Rider ^ Hiweekly Payment Rider ®Other(s) [specify]
<br />Legal Attached
<br />(.n "Applicable Law" means all controlling applicable federal, state and local statutes, regulations,
<br />ordinances and administrative rules and orders (that have the effect of law) as well as all applicable final,
<br />non-appealable judicial opinions.
<br />(K) "Community Association Dues, Foes, and Assessments" means all dues, fees, assessments and other
<br />charges that are imposed on Harrower or the Property by a condominium association, homeowners
<br />association or similar organization.
<br />(L) "Electronic Funds Transfer" means any transfer of funds, other than a transaction originated by
<br />check, draft, or similar paper instrument, which is initiated through an electronic terminal, telephonic
<br />instrument, computer, or magnetic tape so as to order, instruct, or authorize a financial institution to debit
<br />ar credit an account. Such term includes, but is not limited to, point-of-sale transfers, automated teller
<br />machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse
<br />transfers.
<br />(1Vn "Escrow Items" means those items that are described in Section 3.
<br />(N) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, or proceeds paid
<br />by any third party (other than insurance proceeds paid under the coverages described in Section 5) for: (i)
<br />damage to, or destruction of, the Property; (ii) condemnation ar other taking of all or any part of the
<br />Property; (iii) conveyance in lieu of condemnation; or (iv) misrepresentations of, or omissions as to, the
<br />value and/or condition of the Property.
<br />(O) "Mortgage Insurance" means insurance protecting Lender against the nonpayment of, or default on,
<br />the loan.
<br />NEBRASKA -Single Family -Fannie MaelFraddie Mac UNIFORM INSTRUMENT WITH I~AE
<br />-BAINE) ws~ o~ aee~ z or i s i,,;c;eis~ Form 3028 1101
<br />III I lilill l l I II II I II II II I!Iilll III III I III I I III ~~I
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