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Amy from Lake Orion asks about a mortgage deed she signed, which has ballooned, prompting her private lender to demand full payment within 30 days to avoid foreclosure. She seeks clarification on the legality of a mortgage deed and the actions she should take. The speaker notes that mortgage deeds are not used in Michigan, indicating a potential misunderstanding. They suggest that mortgage deeds function similarly to land contracts in this context. The emphasis is placed on the distinctions in real estate laws between states, highlighting the complexities faced by out-of-state investors engaging in transactions in Michigan and Ohio.