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ti010U4510 <br />(e) ^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 TITLE SpURCE, INC. <br />(E~ "MFRS" 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 anti assigns. MERS is the bene~eiary <br />under this Security Instrurnent. 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 June 15 , 2 010 <br />The Note states that Borrower owes Lender Qne Hundred Seventy Six Thousand and <br />00 / 10 0 Dollars <br />(U.$. $176 , Q00.00 )plus interest. Borrower has promised to pay this debt in regular Periodic <br />Payments and to pay the debt in full not later than Ju 1y 1, 2040 <br />(G) "Property" means the property that is described below under the heading "Transfer of Rights in the <br />Property." <br />(Iq "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 tv be executed by Borrower (check box as applicable]: <br />® Adjustable Rate Rider Q Condominium Rider ~ Second Home Rider <br />[,,,~ Balloon Rider [~] Planned Unit Development Rider ~ 1~1 Family Rider <br />VA Rider [~ Biweekly Payment Rider ®Other(s) [specify] <br />Legal Attached <br />(~ "Applirable 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, Fees, and Assessments" means all dues, fees, assessments and other <br />charges that are imposed on Borrower or the Property by a condominium association, homeowners <br />association or similar organization. <br />(L) "Electronic Funds Transfer" means any trausfer 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 finial institution to debit <br />or credit an account. Such term includes, but is not limited to, point-0f--sale transfers, automated teller <br />machine transactions, transfers initiated by telephone, wire transfers, and automated clearinghouse <br />transfers. <br />(M) "F..SeCOW Reims" means those items that are described in Section 3. <br />~ "Miseellsneons I'roceecls" means any compensation, settlement, award of damages, or proceeds paid <br />by any third party (other than iusurance proceeds paid under the coverages described in Section S) for: (i) <br />damage to, ar 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 tv, the <br />value and/or condition of the Property. <br />(O) "Mortgage Insurgnee" means insurance protecting Lender against the nonpayment of, or default on, <br />the Loan. <br />NEBRASKA -Single Family -Fannie Mae/Fredrtie Mac UNIWRM INSTRUMENT WITH <br />-BA1NE) ws~ a1 Pape 7 of 16 in~siaro: Form 3oZ8 1 /07 <br />11 I~~II 1~1 111 MNIIN~ ~ I II~I~ I ~ <br />