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20 110i69� <br />�c� "Lender" is Quicken Loans Inc. <br />Lender is a �01"p01"dt10i1 <br />organized and existing under the laws of the State of Mi chi gan <br />Lender's address is 1050 Woodwar'd Ave, Detr'oit, MI 48226-1906 <br />(D) "Trustee" is TITLE SOURCE, INC. <br />(E) "MERS" is Mortgage Electronic Registration Systems, Inc. MERS is a sepazate 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 />(� "Note" means the promissory note signed by Borrower and dated November 24, 2�1� . <br />The Note states that Bonower owes Lender Thr'ee HUt1dr'ed Si xty ThOUSdr1d dnd 00/100 <br />Dollazs <br />�u.s. $ 360 , ��� . �� ) plus interest. Borrower has promised to pay this debt in regular Periodic <br />Payments and to pay the debt in full not later than December 1, 2025 . <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 Borrower [check box as applicable] : <br />� Adjustable Rate Rider � Condominium Rider 0 Second Home Rider <br />0 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) "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 />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 />(1� "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 />(0) "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 WITH ME <br />�-6A(NE) ioaio� Page 2 of 15 Initials Form 3028 1/01 <br />� � �, _ <br />i ,� <br />(II IIIII'III IIIIII II III'IIIIII) IIIIIIIIIII�III III � <br />g03240366490 0233 216 0215 <br />