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2oloo4ssi <br />(c) "Lender" is Quicken Loans Inc, <br />Lender is a Corporati on <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 SOURCE, INC. <br />(E) "HERS" is Mortgage Electranic Registration Systems, Inc. MFRS is a separate corporation that is <br />acting solely as a nominee far 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 />(~ "Note" means the promissory note signed by Borrower and dated .tune 18 , 2010 <br />The Note states that Borrower owes Lender Ei ghty Nine ThoUSdnd Nine Hundred <br />Fifty and 00/100 Dollars <br />(U.S. $ 89 , 950.00 )plus interest. Borrower has promised to pay this debt in regular Periodic <br />Payments and to pay the debt in full not later than ~ U l y 1, 2040 <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 Nate, 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 Borrower [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 ^ 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 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) "Electranic 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 />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 Itenns" means those items that are described in Section 3. <br />(N) "Miscellaneous Proceeds" means any compensation, settlement, award of damages, ar 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 ar 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 Mae/Freddie Mac UNIFORM INSTRUMENT WIT M Sf n,~ <br />-6AINE) 1os1o1 Page 2 of 15 mitts Y Form 3028 1/01 <br />III IIIIIIIII IIIII IIIIII IIIIIIII IIIIIIIIIIIIIII III <br />goazzaszs~oa oasa ais oza.s <br />