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<br />(C) "Lender"is Quicken Loans Inc .
<br />Lender is a Corporation
<br />organized and existing under the laws of the State off" Michigan
<br />Lender's address is 20555 Victor Parkway, Livonia, MI X8152
<br />(D) "Trustee"is TITLE SOURCE, INC.
<br />(E) "ME12S" is Mortgage Electronic Registration Systems, Inc. MERS 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 December 21, 2009
<br />The Nate states that Borrower awes Lender~ne Hundred Three Thousand Five
<br />Hundred and 00/1.00 Dollars
<br />(1J.S. $ 103, 500.00 )plus interest. Harrower has premised to pay this debt in regular Periodic
<br />Payments and to pay the debt in full not later than January 1, 2025
<br />(G) "Property" means the property that is described below under the heading "Transfer of Rights in the
<br />Property „
<br />(H) "Loan" means the debt evidenced by the Nnte, 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 Harrower. The following
<br />Riders are to be executed by Borrower (check box as applicable]:
<br />[.] Adjustable Rate Rider Q Condominium Rider Q Second Home Rider
<br />Balloon Rider [~ Planned Unit Development Rider [] 1-4 Family Rider
<br />VA Rider ~ Biweekly Payment Rider ®Other(s) [specify]
<br />Legal Attached
<br />(J) "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 Associatiou Dues, Fees, and Assessments" means all dues, fees, assessments and other
<br />charges that are imposed an Borrower 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, ar authorize a financial institution to debit
<br />or 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 />(M) "Escrow Items" means those items that are described in Section 3.
<br />(1V) "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 or 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 />NEBRA5IW-Single Family - Fannie MaeJFreddle Mac UNIFORM INSTRUMENT YMITH ERS
<br />~-BA(NE) ig6lol Page 2 yr 1S inruals: Fnnn 3028 1101
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