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Amy from Lake Orion asks about a mortgage deed she signed, which requires her to pay off a ballooning loan within 30 days or face foreclosure. She seeks clarification on what a mortgage deed is and its legal binding nature. The response explains that mortgage deeds are not used in Michigan, emphasizing that the terminology suggests she may be dealing with a situation more common in other states. The speaker highlights the complexities of real estate issues, especially for investors navigating regulations across different states. Ultimately, the focus is on understanding the implications of her mortgage deed and the options available to her in Michigan.