Maine Mortgage Loan Originator MLO Individual Surety Bond

Exhibit #3

AMOUNT $25,000                                                                                 BOND NO:  _________________

STATE OF MAINE BUREAU OF CONSUMER CREDIT PROTECTION

MORTGAGE LOAN ORIGINATOR (MLO) INDIVIDUAL SURETY BOND

KNOW ALL PERSONS BY THESE PRESENTS THAT _______________________________________________

(Name of individual)

residing at _______________________________________________________ in the County of _________,

(Street address and City/Town)

State of _____________________________, as Principal, and

(State)

______________________________________________________________________________,

(Name of bonding company)

a bonding company duly organized and existing under the laws of the State of ____________________________, being duly qualified to transact business in the State of Maine, as Surety, are holden and stand firmly bound unto the Superintendent, of the Bureau of Consumer Credit Protection of the State of Maine, for use of any person or persons who may have a cause of action against the Principal of this bond under the provisions of the act under which this bond is given, in the just sum of twenty-five thousand dollars ($ 25,000), to be paid to the said person or persons as aforesaid, to which payment well and truly to be made, we hereby jointly and severally bind ourselves, our respective heirs, executors, administrators, successors or assigns, firmly by these presents.

THE CONDITION OF THIS OBLIGATION IS SUCH THAT if the said ______________________________ shall faithfully perform the duties and obligations pertaining to the business of a mortgage loan originator to be conducted in accordance with the tenure of the license to engage in said business issued to ______________________________ by the Superintendent, of the Bureau of Consumer Credit Protection of the State of Maine under the authority, of and as provided in Title 9-A M.R.S.A., the Maine Consumer Credit Code, and shall conform and abide by each and every applicable provision of the Code and to all rules and regulations lawfully made by the Superintendent hereunder and shall pay to the State and to any such person or persons, any and all monies that may become due or owing to the State, or to such person or persons from said obligor, under and by virtue of the provisions of these Acts, then this obligation shall become void; otherwise it shall be and remain in full force and effect.

This bond shall cover all claims collected, property converted and losses occasioned by the licensee during the term of the license covered by the bond, but the aggregate liability of the surety for any and all claims which arise under the bond shall in no event exceed the above principal amount.

The surety may be relieved of further liability hereunder by giving 30 days written notice to the principal and to the Superintendent of the Bureau of Consumer Credit Protection of the State of Maine.

IN WITNESS WHEREOF we have hereunto set our hands and seals,

This ____________________ of ____________________ A.D. ___________

Put Seal

Here

___________________________________

Principal

By: ________________________________

___________________________________

Capacity

___________________________________

Surety

By: ________________________________

___________________________________

Capacity

Approved ____________________ day of ____________________ A.D. ________________

___________________________________

Superintendent, Bureau of Consumer Credit Protection

ACKNOWLEDGMENT BY PRINCIPAL (MORTGAGE LOAN ORIGINATOR)

STATE OF ___________

County of _______________ss.

On this ___________________ day of ___________________, before me, __________________, a notary public in and for the County and State aforesaid, residing therein, duly commissioned and sworn, personally appeared ____________________ known to me to be the person whose name is subscribed to the within instrument, and acknowledged that he/she executed the same.

IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal, the day and year in this certificate first above written.

(Seal)

_______________________________

Notary Public

ACKNOWLEDGMENT BY SURETY (BONDING COMPANY)

County of _______________ss.

On this ___________________ day of ___________________, before me, __________________, a notary public in and for the County and State aforesaid, residing therein, duly commissioned and sworn, personally appeared ____________________ known to me to be the person whose name is subscribed to the within instrument, and acknowledged that he/she executed the same.

IN WITNESS WHEREOF, I have hereunto set my hand and affixed my official seal, the day and year in this certificate first above written.

(Seal)                                                                                                              _______________________________

Notary Public