<SEC-DOCUMENT>0001019056-13-001330.txt : 20140117
<SEC-HEADER>0001019056-13-001330.hdr.sgml : 20140117
<ACCEPTANCE-DATETIME>20131204170747
<PRIVATE-TO-PUBLIC>
ACCESSION NUMBER:		0001019056-13-001330
CONFORMED SUBMISSION TYPE:	CORRESP
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20131204

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			OCWEN FINANCIAL CORP
		CENTRAL INDEX KEY:			0000873860
		STANDARD INDUSTRIAL CLASSIFICATION:	MORTGAGE BANKERS & LOAN CORRESPONDENTS [6162]
		IRS NUMBER:				650039856
		STATE OF INCORPORATION:			FL
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		CORRESP

	BUSINESS ADDRESS:	
		STREET 1:		2002 SUMMIT BOULEVARD
		STREET 2:		6TH FLOOR
		CITY:			ATLANTA
		STATE:			2Q
		ZIP:			30319
		BUSINESS PHONE:		561-682-8000

	MAIL ADDRESS:	
		STREET 1:		2002 SUMMIT BOULEVARD
		STREET 2:		6TH FLOOR
		CITY:			ATLANTA
		STATE:			2Q
		ZIP:			30319

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	OCWEN FINANCIAL Corp
		DATE OF NAME CHANGE:	20110224

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	OCWEN FINANCIAL CORP
		DATE OF NAME CHANGE:	19960516
</SEC-HEADER>
<DOCUMENT>
<TYPE>CORRESP
<SEQUENCE>1
<FILENAME>filename1.htm
<TEXT>
<HTML>

<HEAD>

     <TITLE></TITLE>

</HEAD>

<BODY STYLE="font: 10pt Times New Roman, Times, Serif">







<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0"><IMG SRC="ocn001_v1.jpg" ALT="(OCWEN LOGO)"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>



<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt; text-transform: uppercase"><B><U></U></B></FONT></P>



<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0; text-align: center"><FONT STYLE="font-size: 10pt">December
4</FONT>, 2013</P>



<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>



<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">Mr. Gus Rodriguez</FONT></P>



<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">Accounting Branch Chief</FONT></P>



<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">Division of Corporation Finance</FONT></P>



<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">Securities and Exchange Commission</FONT></P>



<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">100 F Street, N.E.</FONT></P>



<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">Washington, DC 20549</FONT></P>



<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>



<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">

<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">

    <TD NOWRAP STYLE="width: 10%; font: bold 10pt  Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">RE:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>

    <TD STYLE="width: 90%; font: bold 10pt  Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Ocwen Financial Corporation</FONT></TD></TR>

<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">

    <TD STYLE="font: bold 10pt  Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>

    <TD STYLE="font: bold 10pt  Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Form 10-K for the Fiscal Year

    Ended December 31, 2012</FONT></TD></TR>

<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">

    <TD STYLE="font: bold 10pt  Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>

    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt"><B>Filed March 1,

        2013</B></FONT></P>

        <P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt"><B>Form 10-Q for the

        Period Ended September 30, 2013</B></FONT></P>

        <P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt"><B>Filed November

        4, 2013</B></FONT></P>

        <P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt"><B>Response dated

        October 10, 2013</B></FONT></P></TD></TR>

<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">

    <TD STYLE="font: bold 10pt  Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>

    <TD STYLE="font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt"><B>File No. 001-13219</B></FONT></P>

        <P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P></TD></TR>

</TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">Dear Mr. Rodriguez:</FONT></P>



<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>



<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">This letter

is submitted as the response of Ocwen Financial Corporation (the &ldquo;Company&rdquo; or &ldquo;Ocwen&rdquo;) to the comments

contained in a letter from you dated November 19, 2013 (the &ldquo;Comment Letter&rdquo;), regarding the Company&rsquo;s Form

10-Q for the period ended September 30, 2013. Any capitalized terms not defined in this letter have the meanings given to them

in the respective filing.</FONT></P>



<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.55in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>



<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">Set forth

below are the Company&rsquo;s responses to the comments raised in the Comment Letter. For your convenience, we have included each

of your comments from the Comment Letter and followed it with our response.</FONT></P>



<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt"><B><U></U></B></FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt"><B><U>Form 10-Q filed for the Period

Ended September 30, 2013</U></B></FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt"><B><U>Notes to Unaudited Consolidated

Financial Statements</U></B></FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt"><B><U>Note 2 Securitizations and

Variable Interest Entities, page 13</U></B></FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>



<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt"><B><U>Transfer of Forward

Loans</U></B></FONT></P>



<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0">&nbsp;</P>



<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"></P>



<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt  Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">

<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><B>1.</B></TD><TD><B>Please address the reasons for recording interest income on loans held for sale within Other income (expense). </B></TD></TR></TABLE>







<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"></P>



<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"></P>



<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0 0 0 0.25in; text-indent: -0.25in"></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Ocwen Financial Corporation</B></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">2002 Summit Boulevard, 6<SUP>th</SUP> Floor,

Atlanta, GA 30319</P>



<!-- Field: Page; Sequence: 1 -->

    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 2pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>

    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>

    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt"><I>Response</I></FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>



<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="font-size: 10pt">The Company&rsquo;s

lending business is focused on originating and purchasing Agency-conforming residential forward and reverse mortgage loans primarily

through our direct lending and correspondent channels.&nbsp; Loans are typically sold within 25 days after origination or purchase

into a liquid market on a servicing retained basis. The lending business provides the Company with a low cost means of acquiring

MSRs with good return profiles.</FONT></P>



<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>



<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 0.25in"><FONT STYLE="font-size: 10pt">Article
5 of Regulation S-X does not specifically address the presentation of interest income on loans but does indicate that interest
on securities should be included in non-operating income. The Company believes this guidance is analogous to its loans held for
sale in that the interest income earned on the loans is ancillary to its business activities and presentation in Other income
(expense) in the statement of operations is appropriate. Interest income recorded on loans held for sale, at fair value was $2.7
million and $11.5 million for the three and nine month periods ended September 30, 2013, respectively. This income represents
0.5% and 0.8% of the Company&rsquo;s total revenue for each of the respective periods presented. On page F-45 of its Form 10-K
for the year ended December 31, 2012 under Note 20 &ndash; Interest Income, the Company provided a tabular presentation of the
components of interest income for each category of interest-earning assets, including loans held for sale. The Company will continue
to provide this information in its Form 10-K filings and will also provide a similar table in future Form 10-Q filings if deemed
to be appropriate based on materiality and other relevant considerations.</FONT></P>



<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"></P>



<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt"><B><U>Note 8 Match Funded
Advances, page 26</U></B></FONT></P>



<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: justify"><FONT STYLE="font-size: 10pt"><B>&nbsp;</B></FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in"><FONT STYLE="font-size: 10pt"></FONT></P>



<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">

<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><B>2.</B></TD><TD><B>Given the ongoing sales to HLSS which will continue to impact match funded advances, please revise, in future filings, to

provide a rollforward of activity which includes the beginning balance, advances made, sales, repayments, ending balances and any

other pertinent information. Please provide us with this information for the periods presented in the September 30, 2013 Form 10-Q.</B></TD></TR></TABLE>







<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;<I>&nbsp;</I></FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt"><I>Response</I></FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt"><U></U></FONT></P>



<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0 0 10pt; text-indent: 0.25in"><FONT STYLE="font-size: 10pt">In

its future Form 10-Q filings the Company will provide a rollforward of activity for match funded advances in the notes to its

financial statements for the period from the end of the preceding year to the date of the most recent interim balance sheet provided,

similar to the following tabular presentation for the nine months ended September 30, 2013 (in thousands):</FONT></P>



<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">

<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,204)">

    <TD STYLE="width: 87%; padding-left: 0pt">Balance at December 31, 2012</TD><TD STYLE="width: 3%">&nbsp;</TD>

    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 8%; text-align: right">3,049,244</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>

<TR STYLE="vertical-align: bottom; background-color: White">

    <TD STYLE="text-align: left; padding-left: 5.4pt">&nbsp;&nbsp;&nbsp;Pledge of acquired advances to advance funding
    facilities(1)</TD><TD>&nbsp;</TD>

    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">1,448,371</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>

<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,204)">

    <TD STYLE="text-align: left; padding-left: 5.4pt">&nbsp;&nbsp;&nbsp;Sales of advances to HLSS</TD><TD>&nbsp;</TD>

    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">(3,489,907</TD><TD STYLE="text-align: left">)</TD></TR>


<TR STYLE="vertical-align: bottom; background-color: White">

    <TD STYLE="padding-bottom: 1pt; padding-left: 5.4pt">&nbsp;&nbsp;&nbsp;Collections, net of new advances</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>

    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">(473,983</TD><TD STYLE="padding-bottom: 1pt; text-align: left">)</TD></TR>

<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,204)">

    <TD STYLE="padding-bottom: 1pt; padding-left: 0pt">Balance at September 30, 2013</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>

    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">$</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">533,725</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>

</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in"><FONT STYLE="font-size: 10pt"></FONT></P>



<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">

<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in">(1)</TD><TD>Represents advances acquired in connection with business and
                                         asset acquisitions that were pledged to advance funding facilities at the date of acquisition.</TD></TR></TABLE>


<!-- Field: Page; Sequence: 2 -->

    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 2pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>

    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>

    <!-- Field: /Page -->

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt"></FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="font-size: 10pt">In its future

Form 10-K filings the Company will provide a rollforward of activity for match funded advances in the notes to its financial statements

for each year for which a balance sheet is provided.</FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in">&nbsp;</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt"><B><U>Management&rsquo;s Discussion

and Analysis of Financial Condition and Results of Operations</U></B></FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt"><B><U>Segment Results and Financial

Condition &ndash; Servicing</U></B></FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>



<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">

<TD STYLE="width: 0"></TD><TD STYLE="width: 0.25in"><B>3.</B></TD><TD><B>We note your response to prior comment six in our letter dated September 26, 2013. Please address how the amounts remitted

to HLSS are allocated between both the financing liability and interest expense. </B></TD></TR></TABLE>







<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;&nbsp;</FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt"><I>Response</I></FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0">&nbsp;</P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="font-size: 10pt">The Company
recognizes the difference between the net servicing fees remitted to HLSS and the reduction in the financing liability as interest
expense. On page 32 of its Form 10-Q for the nine months ended September 30, 2013 under Note 15 &ndash; Other Borrowings, the
Company disclosed that the financing liability has no contractual maturity but is amortized over the estimated life of the transferred
Rights to MSRs using the interest method with the servicing income that is remitted to HLSS representing payments of principal
and interest. For purposes of applying the interest method, the balance of the liability is reduced each month based on the change
in the present value of the estimated future cash flows underlying the related MSRs.</FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="font-size: 10pt">In future filings,

the Company will expand its disclosures with respect to how the amounts remitted to HLSS are allocated between the financing liability

and interest expense. Also in future filings, the Company will supplement its existing disclosures related to interest expense

on the financing liability to include a tabular presentation of the amounts allocated between the financing liability and interest

expense for each period for which a statement of operations is provided, similar to the following for the three and nine months

ended September 30, 2013 and 2012 (in thousands):&nbsp;</FONT></P>



<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.25in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>



<TABLE CELLPADDING="0" CELLSPACING="0" STYLE="border-collapse: collapse; width: 100%; font: 10pt Times New Roman, Times, Serif">

<TR STYLE="vertical-align: bottom">

    <TD STYLE="text-align: center; padding-left: 8.65pt; text-indent: -8.65pt; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>

    <TD COLSPAN="6" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Three Months</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>

    <TD COLSPAN="6" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">Nine Months</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD></TR>

<TR STYLE="vertical-align: bottom">

    <TD STYLE="text-align: center; padding-left: 8.65pt; text-indent: -8.65pt; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>

    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">2013</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>

    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">2012</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>

    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">2013</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD>

    <TD COLSPAN="2" STYLE="font-weight: bold; text-align: center; border-bottom: Black 1pt solid">2012</TD><TD STYLE="font-weight: bold; padding-bottom: 1pt">&nbsp;</TD></TR>

<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,204)">

    <TD STYLE="width: 48%; text-align: left; padding-left: 8.65pt; text-indent: -8.65pt">Servicing fees collected on behalf of HLSS</TD><TD STYLE="width: 3%">&nbsp;</TD>

    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 8%; text-align: right">200,838</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 3%">&nbsp;</TD>

    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 8%; text-align: right">27,689</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 3%">&nbsp;</TD>

    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 8%; text-align: right">431,795</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD><TD STYLE="width: 3%">&nbsp;</TD>

    <TD STYLE="width: 1%; text-align: left">$</TD><TD STYLE="width: 8%; text-align: right">57,190</TD><TD STYLE="width: 1%; text-align: left">&nbsp;</TD></TR>

<TR STYLE="vertical-align: bottom; background-color: White">

    <TD STYLE="text-align: left; padding-bottom: 1pt; padding-left: 8.65pt; text-indent: -8.65pt">Less: Subservicing fee retained by Ocwen</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>

    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">102,040</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>

    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">10,633</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>

    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">214,587</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>

    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">23,082</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>

<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,204)">

    <TD STYLE="text-align: left; text-indent: -8.65pt; padding-left: 17.3pt">Net servicing fees remitted to HLSS</TD><TD>&nbsp;</TD>

    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">98,798</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>

    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">17,056</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>

    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">217,208</TD><TD STYLE="text-align: left">&nbsp;</TD><TD>&nbsp;</TD>

    <TD STYLE="text-align: left">&nbsp;</TD><TD STYLE="text-align: right">34,108</TD><TD STYLE="text-align: left">&nbsp;</TD></TR>

<TR STYLE="vertical-align: bottom; background-color: White">

    <TD STYLE="text-align: left; padding-bottom: 1pt; padding-left: 8.65pt; text-indent: -8.65pt">Less: Reduction in financing liability</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>

    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">24,594</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>

    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">3,039</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>

    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">48,582</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 1pt">&nbsp;</TD>

    <TD STYLE="border-bottom: Black 1pt solid; text-align: left">&nbsp;</TD><TD STYLE="border-bottom: Black 1pt solid; text-align: right">6,555</TD><TD STYLE="padding-bottom: 1pt; text-align: left">&nbsp;</TD></TR>

<TR STYLE="vertical-align: bottom; background-color: rgb(204,238,204)">

    <TD STYLE="text-align: left; padding-bottom: 2.5pt; padding-left: 8.65pt; text-indent: -8.65pt">Interest expense on financing liability</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>

    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">74,204</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>

    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">14,017</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>

    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">168,626</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD><TD STYLE="padding-bottom: 2.5pt">&nbsp;</TD>

    <TD STYLE="border-bottom: Black 2.5pt double; text-align: left">$</TD><TD STYLE="border-bottom: Black 2.5pt double; text-align: right">27,553</TD><TD STYLE="padding-bottom: 2.5pt; text-align: left">&nbsp;</TD></TR>

</TABLE>





<!-- Field: Page; Sequence: 2 -->

    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 2pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>

    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>

    <!-- Field: /Page -->

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt"></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt"></FONT></P>



<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><I>Acknowledgement</I></P>



<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0 0 0 29.7pt">&nbsp;</P>



<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">The Company acknowledges that:</P>



<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>



<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt  Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">

<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">it is responsible for the adequacy and accuracy of the disclosure

in the filings;</FONT></TD></TR>

</TABLE>



<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt  Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">

<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">staff comments or changes to disclosure in response to staff comments

do not foreclose the Commission from taking any action with respect to the filings; and</FONT></TD></TR>

</TABLE>



<TABLE CELLPADDING="0" CELLSPACING="0" WIDTH="100%" STYLE="font: 10pt  Arial, Helvetica, Sans-Serif; margin-top: 0; margin-bottom: 0"><TR STYLE="vertical-align: top">

<TD STYLE="width: 0.5in"></TD><TD STYLE="width: 0.25in"><FONT STYLE="font-family: Symbol">&#183;</FONT></TD><TD><FONT STYLE="font-family: Times New Roman, Times, Serif">the Company may not assert staff comments as a defense in any proceeding

initiated by the Commission or any person under the federal securities laws of the United States.</FONT></TD></TR></TABLE>



<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"></P>



<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0 0 0 480.7pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>



<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="font-size: 10pt">*****</FONT></P>



<!-- Field: Page; Sequence: 3 -->

    <DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 2pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>

    <DIV STYLE="page-break-before: always; margin-top: 6pt; margin-bottom: 12pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>

    <!-- Field: /Page -->



<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in"><FONT STYLE="font-size: 10pt">If you

have any questions or comments, please call me at (561) 682-7535 at your earliest convenience.</FONT></P>



<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0; text-indent: 0.55in"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>



<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">

<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">

    <TD STYLE="width: 50%; font: 10pt  Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>

    <TD STYLE="width: 50%; font: 10pt Times New Roman, Times, Serif"><P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">Respectfully,</FONT></P></TD></TR>

<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">

    <TD STYLE="font: 10pt  Times New Roman, Times, Serif">&nbsp;</TD>

    <TD STYLE="font: 10pt Times New Roman, Times, Serif">&nbsp;</TD></TR>

<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">

    <TD STYLE="font: 10pt  Times New Roman, Times, Serif; padding-bottom: 1pt"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>

    <TD STYLE="border-bottom: Black 1pt solid; font: 10pt  Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">/s/

    John V. Britti</FONT></TD></TR>

<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">

    <TD STYLE="font: 10pt  Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>

    <TD STYLE="font: 10pt  Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">John V. Britti</FONT></TD></TR>

<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">

    <TD STYLE="font: 10pt  Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>

    <TD STYLE="font: 10pt  Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Executive Vice President and Chief

    Financial Officer</FONT></TD></TR>

</TABLE>

<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"></P>



<P STYLE="font: 10pt  Times New Roman, Times, Serif; margin: 0"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></P>



<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; border-collapse: collapse; font: 10pt Times New Roman, Times, Serif">

<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">

    <TD NOWRAP STYLE="width: 5%; font: 10pt  Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">cc:&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</FONT></TD>

    <TD STYLE="width: 95%; font: 10pt  Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">William C. Erbey, Executive

    Chairman</FONT></TD></TR>

<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">

    <TD STYLE="font: 10pt  Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>

    <TD STYLE="font: 10pt  Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Ronald M. Faris, President and Chief

    Executive Officer</FONT></TD></TR>

<TR STYLE="vertical-align: top; font: 10pt Times New Roman, Times, Serif">

    <TD STYLE="font: 10pt  Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">&nbsp;</FONT></TD>

    <TD STYLE="font: 10pt  Times New Roman, Times, Serif"><FONT STYLE="font-size: 10pt">Timothy M. Hayes, Executive Vice President

    and General Counsel</FONT></TD></TR>

</TABLE>



<DIV STYLE="margin-top: 12pt; margin-bottom: 6pt; border-bottom: Black 2pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>



</BODY>

</HTML>
</TEXT>
</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>2
<FILENAME>ocn001_v1.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
begin 644 ocn001_v1.jpg
M_]C_X``02D9)1@`!`@``9`!D``#_[``11'5C:WD``0`$````9```_^X`#D%D
M;V)E`&3``````?_;`(0``0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!
M`0$!`0$!`0$!`0$!`0("`@("`@("`@("`P,#`P,#`P,#`P$!`0$!`0$"`0$"
M`@(!`@(#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#
M`P,#`P,#`P,#_\``$0@`:P!@`P$1``(1`0,1`?_$`)\```$$`@,!`0``````
M```````%"`D*!@<"`PL$`0$``04!`0$```````````````,$!08'`@@!$```
M!@(!`P,$`0(%!`,````!`@,$!08'"!$`$@DA$Q0B%18*,2,705$R)AB!D3,D
M-#8G$0`"`0,#!`$#`@4$`@,!```!`@,1$@0`(04Q(A,&!T$R(U$487&!0A7P
MD:'!L3/14D,D_]H`#`,!``(1`Q$`/P"X!D_87+T7LV_UTQ@\UIE;3(:M9#S)
M1*-D>\9*@,H2F28.WQD!5%):/KU&F:FRP6NF],G)2I'IYYHX*0$HY8AS'Z77
M`ADX]<^43!#DA5JC6DJMST<D"Z.J?CIN)`U0.K*3/=,U^/A\#97[;R*OE4,>
MXKWH%9EC)H!*H?<."`54.N3$WY!V\58!K^.-4WDPG4<1+5-&2R9E1O'.L@OW
M8ESJSL3E.AG=-:=7&8">M+($5=R*@@#LB/J(\>'CP19).$N8_92K6L0#^3[2
M]`3L*&\*QHC&--RSR$9D.,D5@H4F:1J]NUI@C%*5[KB=@+14E5Y]-[R)6%\#
M6@:Q*4Y+.57CV3MYDG)2$X?6H8#OO%K?-0HBT<EF!I8A,2+B@5-$.&0`=R]1
M4^D!8<,EA(\E@!"]M;@%:VX&2@JUH;[J`EJL456<J^1VW*@)6K4;HW;LO8*C
M[M^T[#M[C:GUF7WO7?X_2M^/=78^&=6385+*KJOY$RFYD8VK1Y7G_%]_14WE
M)9$EIJRG.B-V)(JL218`H:,%T8$RCV%X4*Y4Y"UCC*ED#5D6SS>0DJ50'R-"
M35J!%(%2RM<L\U^XB.$,9L8"3R!V96)*_A$90,H!?:4E6HIJH)V.,)67R,-Z
MFBX?8WTZ:6XVM=IF)!%/*672U-';LDP8M4JS20/04WR^`'\"I\F0F3(HSR;H
M#E*R$H`H9*!L%\J,9)F.)<EY2H:PTNL/V748VDFE:%J4V>IY_&2X19*M05NV
M!-I-0I!(`++3M)*@L.YN^>R!O0<+&2K4[3ETZ2AL/#4FLMF3(G#JPOGR2>?&
MUE%E1"BSB8!B8WXJ=NFX5D%0#YI6H&$"N9H.+,Z*DL[8V]Q,2J0"2-HQ.ROV
MT-&=:$D`[7%N),X74CBZK3\C;B\W$_B[2$HR@5N8E"5`#G+#RF\`6,"M\?:R
M#5!SVT8$?DR%DG[X.L7VCN>V8S4M-19CFHTP/8A&@J:&,V#D[LIAX!#(P.(1
M8&Q7E:3P]]5LLDJW8I$AO7H;S:2&)*U[1Q%D\N9\A98X?VPE3Q&\U9"J>0N+
M&`93?8`:/0*0@'D9)@)K?=5>@EM6,]54`=*Y\_N>>`R9E%ZE%DC0=!K4I4S/
M\=HA-+65))DC=!?)MEHHIUC18/0*!3+`<2<0=\QR5'<+%=0P?H#?<?QT;=;O
M(+:$,&7ASS`RWL3'.'8Q2K.KLQ"6!NPJJ7>4,PN-I0A>U@R`$UY(35=%5'%V
MF[:YAK0>5^*OD_,9J\7;W\I%)O45%V^.S/?^/J5.+[XS/![!]Q."0,"H=RO2
M>!C<,T\"\B\R8IF#/8C,X7;NJQ`J2:;W%0"Y0T"LO+/R"SN(XD;&$.S>0!F>
MI_&L9```4`WEU!9@H'W,,BGIW?I%.Y'K6-=6W1T0PT:B%F<F9/CC2B[XK8V>
MT;.K'T5\,6WKRYG(54S8'`R(>U\Q-`3G$J,*8"/3)>9<4NVZK5JDGHMRCZU"
MW48T`:K!M<S/RC11'&3'_<EH_(&=BJI4&2PA*NU*A+@@WN:@4H=-.]T[?'47
M:JTM$\#7:5PMER\8ZJ3/'=PN\A]M84W'<AD%XRS&:QU.!6K^14XBONBA&0JL
MBP[U6P?+`5#^VK)A28:Q+-'(@:,.EZD55JA60MNR$=&&W4#8;KK)([N7MMNH
M*&M10$W"T!3=46@ML`U:L574&A'DEM.R?X]_<2@.JW'W#,SK!=1=)0=DC)AG
M>T,"!L05"3KMDIM$M#&E)4-D^9*2TA"131.93129K2K1\S?=-TB7(/DA*7K7
M>JC93W+4D5.Q%NYNZ"X:)9UQ[5D#D.P4`*S4)!()M4VKMN[44;`L*BKGI56?
M-Y&J0W"0R(-?-JU?1<0J&7<1-<1GD_[@U(P/IG"#V(<9Q?WT4B@1I.LWY:ZB
MP,HDJBHX$A@?ID#_``:X1BQ1*<QI"UC'(`H**9*E/$:E@JDL)*L1;:-<,'7.
MN!E:)H0.J"-2I_3:2YPU/[DMC_L8][^^F>EM-(W#WCUFT2QBIE/9/)4=1X5R
MJJPK4.BW=35ONDT#<[A*&J%6C$G,I,O#@7ZU`(5HV`0,X62)R8)#B^(Y'G7>
M'BD,DB(&)%*`,RHI%:7DLZJJK<SL;5!.VHOEN:XS@L<Y/)RH@"NRH64/)8*L
MJ!B+F^E/U(J14:II9^_9%W\V\NPX7\<^`Y/$C.:<#$0$C&P)<X[&V=,KMXS(
M\3:$B9'']`C'K`J*I@(SE737N[AD6YDQ$=JX_P").%]5B;F_<L@3)&9&9$N(
ME1$+*+OQE&N4@`FR2Z.+M=A7'N2^2>?]AA3!]9QC&[$1R,MS*IG58X@)2L?C
M<2.PJ0`)(U9)'C+`XI&>(3]@C=;W;'GW,]EI$9,A]V!KGC8^S,4Q67(3M:HX
M^QHWMR4*)2B!O:.R:ID[C<?6)B]+'W'XTXO)E?"Q#*BS7120`X\XJHV4I%C%
M85JZBZ9Y68*65A1D6?U'Y%]@$:<]GI#C*#4"UCWQT;LB"HY[C$US``>2RJ-^
M3,7'ZLGD:CB.Y.$VVP$M.+`W.H);WG.*</CMP!-/WY9+':[A11ND(^T*A1X,
M`>I?Y!^?ESTP8\2IQ^:)K65R&56`D1O)^99?)*6<@DR6EFI.2)474;C?%7MA
MEA3)Y"!,6!BT91I7,1K<#'&4C526`)*LM.N_0Z[G-,_V1?'>#BRXUOF9LBU6
M(0%VNOAW++C/=?\`B,E$%#D4QC?FZ\TLB/<`G(6",)P*8?4`,(-4]E^+_84.
M-R/'P1*%"QFXQY+"(*L=\I6*)?QDUORVJ8PE)#XR>L3@?E7AF0XDKRPXTM%C
M,R-$ZD%316<$Q`(H56",EX:-4:\J[72;]J*\URUL\2>1[":3`C&5&`E\XXIC
MI*$LE??MT%ROE<J8*D(WWD%VKQ'V7"D&\*NFH8O$4`=XIUSE_B57PQR_JV4,
MR.61/'#%$14S!6%[-(QB18W#UF:H%I=JL-6CA_E#'C+8'MT;X?)("6K$ZJH%
M+5"W22%F'=6Q%H:`;`O<EQ)F#%V>L?UW*N&KY6<DX[MC,KZOVZIR:$K$2"`^
MAR`LB;O;/&Q_H7;K%3<-U`$BA"'`2AD$D;PN8Y`0X.X_U_HZTW"S<7D<5,W"
M=9,61:JPZ$?^00:@@@%2""`01K8IPY#MX$1'@>`]`$`,7D#&$!`"CSZA_(AS
MP`]-Y1<ME"2?I]#0C8GI0_4=2*T!T\78U_U_K]/XTU'1K_1V&74=Q:/E!C<[
MA59#8BSLV\+DS+&+,H1:;`D7']HT5/%C"*GL8UH%Q-\2,GS*V!HMWJ*"9(2`
M,US"T?#DC..`<2.X0J0#LR_EN_\`VV'D*=I;Z$EFU'8$T<TF4JU)3(M-S.2"
M$C.RL`$!!JJK5&4B0-<[#3JZ)K_C6@6Y_?86%<JW22C&D&ZLT[)NYR7+#QS=
M!FQC&+AXLHDT8MV+9)N02)IK?'0(D(]@`4(9Q,SJ%8"(;D4W/\*G:G]*CZ'?
M:1!4`U%6_P"--LEXMT/D?I4V:K2*L0VU9N<*6[EU<B)"":/3W^ONC0*VX)Y4
MM@KKQ46XG-2RMSLWW_RCJ`J4"]/Z(O#+CFTR&=Z"[M46+=2$-V7DK<[!O+8%
M5H_$XD0\DIS"+&\(0&\D;L2:*.I)4`DDA0MRVWDM9DGD"WGQ9X_-:KEL!DU0
MKH\>!H"A4\KA!*5R!D&10=C`56+;F6!PH5P+8SAVJ4HE:QZ2JYQ*0@B#_P!<
MX#+]HYF+A,(5:0][4JL:"A=W%1L%-0-KC10;F4&.YWF<;U[BI>8S`Y@BMV0`
ML;F""VI4?<17<4%3O35#_5G5S<S]AS<>W9KSO?+1"X>K,DW8WG(J#;_:>.ZY
M\XLI$X1PG`.RC76=F/"/A4,M\=<Q$RD>R8N5E$2K;ASF?B?$_$+PW!!6YJ0G
M\K*$/<B[Q*XEJA,49F-2A:L<5"I&+A7#XG*?*/+G+YN4)Q4+,2D9-4JB+V5$
MEES*AMD90_Y6C#$2ZOO:CZ(:NZ.T%GCW7#%D#2&2::)IJRBB>3OMQD"@;Y,K
M<KJ^45GYYRN8YA3146*R9@($;())$33+AO.^P\[[+,TO-Y4TT98$)6V-2.A5
M%H%(J:%0-CO4U)W3A>"XK@,9<?C(50@4+$`LQL1&)-`*N(T+T`#.+B*G3O$T
M^SN,(D[U!`R@D3!,IS@'8!Q#DQQ/[92E$1,/H4...H?4OKLZ-&NA9(YRF]I0
MR9Q#MY[C]@`;@IC=H"'UD)R)>./JXYZ2,0,@DJP(^E30[4W'3;^%-]=7=MM!
M_MO_`+ZBF\C?ASU"\CU2DE+_`%)MCO.+9([BF;!X_:_9;S$2J8I*-$K@C%NH
MMGD^K&,C[:\7,^^G[*AQ;G;+B"Y;7Z[[=SWK+UXZ:D56[2JG9P*@$@D;JK4'
M:Q1/(K@$&N\UZUQ/-X\T>1#%^ZEC91(4#%'*V"10:=X`4%@0Q"*+@%2VEUKM
ML3NI^N]O%8,'YHCI*P82GY%E(Y$H<2I(OL?9@QH]>OV==S?@Z:D$HYJPNZ+%
M$PG]HZ:J;A,\9*%$R2*B>R<SP?"_)V#%S7$30Q<K%`QDB""YK2TC.(8R\H8S
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M2^HRY1S53>5_'Z2SG&`71/2O(#E%HYDLZ*9?/62Y9JC1N\BFC-$^NRE)+(KK
M)K%=*?E2BYB*D(5L4W,N,2[UI^692(8\U8E;\>Y9#Y%(IYF92L5@!*`-(5`-
MYTV+RKG+`=XWCJ**>UA4DLUQ`#*>WM`!4AG)=%U3V_83V!O^\/DXINEF+U'$
MO$89EZUARFU]HJF+&7S'DP(61M4\HL5P=JM\!K(,(_W%"D%H#)R7U`YN[<?C
M&'B^"]2G]CRV<9<LTB@H@9HQ'"7#B^-@K11>>6Y:JT3E625[(QA'R!FS^R^V
M8WJF++$,.-U4D.:>1R%>\$HC.GVHBDM<2H<.Y1;QNDFI>/M)=9\4ZZ8[8-4(
MR@UMJWF)-)),KFRW!Z0'=LM,BN1%`SM]-RZJB@G,0H@GVE`"E`"A@G*\AD\Q
MG_OLQBQ5`D:U)$4:[*B5)-JK117<T+$EF8G<^+P8.*XZ+CL942*-0#8"JD_4
MT+,>YJL;F9B3W,QW+L.F6GNCHT:.C1HZ-&N)B@8.!Y_U%-Z?YE,!@_Z<AURZ
M!Q0]*@_[$'_K7T&AJ/T/_.VH/?/EH!`[L:+W2QPD"D\SWK4PF,NX=F6R1$Y=
MXUCFJ*^2<?'60*DL]BKU4V2IR,S"*)YQE'.!*)FQ.+_\<\YF\/[-!%CS*D62
MXC(>MO<R$+4!K/*R+&TA5[%8O2J*5HWOOK^-S/!9$RP>3DXH#XV50S[,KD*"
MRU)MH*&X`L$#%V1XE?U1-RY&P53,VE%OF"O4J"W0S!A5J]<A\AG7IZ2^V9*K
MT8"ZG>G&,YMS'R14$R]A%'SE00`1$>K9\T\)@XZX/M7$1+^RR(U7M"QKL@,3
M6VJPK$6!+5"JB@A*"L'\1\Y-R7$R\-ELQGPV`#&K5C>XJM2Q)*LK*``H"6!:
M[ZL.:'+5-2X;JEJI\=&,7:FWC8"T(<V?-3GQC(P'@7HN8$$(W\N4`"BJ>J&7
MKBJ?:=!01$0+D&4L<8A1%`D\(+D.K@LS,RGM)M-C(I0[JRM<%)IK2\=Y'DG#
MUM64!:@C;QH32J*"+BVX:05_OJ#''(ETUTYU'A-2CICY,:>Q4L%D"/)I[?7_
M`.*H;&5)K4!50R13Q7FQU/6@S75_/'2(""=T3E"1J2119&0,KR<)=5L]<($*
MU.>3Y1CD;>,?C.1Y*$G=O%9U'D+=%*-Y;**$-8(AN6%"26V"_<+:`DD`48!2
M3=;22\9,<AFO]AIU9K:"SIVELKLMD=-)VY,8Y)6!=WQS#H*BH)%7!8P`2*0@
M!Z>R43!VE,'7HWV.(8/P\L^#V>;#PFDN7R%PT>/#2K;1D*$HP%!910KL&'G7
MUM6R_E65<Y()9$R<G>@C`:,N5>..[N>X`T/E>A:1BS*9!Z/8`!0X#G@/\Q$P
M_P#<PB(]>654*+16G\23_P`FIUZ1)J:G7[UUKYHZ-&CHT:.C1HZ-&DV99(2,
M1*,')"*MWL>\:KIJ$*HF=)=NHF<ITS@)%"&*;U*8!`P>@^G7+*&%&Z5!_P!C
M4?\`(U]!(W&O.=\%[<F%?.2[QK6'9%:RQLNS^*NUJN==F_@H96SLX@HF$BQG
M+=)Q"ME2J<@8!(!A$2B8H^G?><`Y?Q6,K*$<N1&PR&-6!2>;(`>*WNJ%\\L<
MA=JAD%8[C^/SA\?<G)B?($V(B-'#E&9#';X@GC#2*3%5@I4(45+C8'8!R`;K
MO&D<K+2UKW!&5F;%,EC]G;<RCBS^R-+V!3B6*47%$3BH>&J5<@G.#&#(Q3I_
MB,H=[(LQ+[BKA0RH@7SGR:)Y,:U'4)BILZ%*%NXE+GD+*]2X<&-6N-L2K0#T
M%AI#')DM%)?))."XN#6,(HU"T`%O8J-::FK75HPT_P`Z8:>:8J_A[";R$TR<
M2AKJ6FM=8;LR7L']C\6+T$EA_/ZLBA&.-A7BX9EB;,K'E.H6K-TB0;EN0'9A
M,H3GI18XEXJ/+,D%%R'0UE_-6Q2+XV8=E+K2$V>]7.T8UT;C*5`-2H/3;^E/
M_G<?UU10H,V3Q^?L3RPV]8L/7([;ZU-))<K8BR25&V`=/WT"JB"7]-!LWC[\
MT`QR#VI)I&YX(`AUZ3R'A]O^)WB#,<O"Q(\@.\C.7\2MY'+5<][1Y,2(S5%J
MN5C1D5?-F/+)P/RIY9<9PF1G2(HDN4@3R&/RH0J!E)8LM59;"4N9QY1Z2Y3%
M.4IR&*<AR@8ARB!BF*8.2F*8.0,4P#R`A_/7FC7I'7+HT:.C1HZ-&CHT:.C1
MK56<\I53"&&<IY@O,D2'J&-*#:KK8I(YB$^)%UZ&=R+E0@G$"BL8J':F7^3'
M$`#D1XZ5@B\\Z07*M[A;C6@J:5-H)H.IH":=`3MI#*R8</&DR\@T@B1G8T)H
MJ@L30;F@!V&^J!/ZRU"L&=/)]=M@YYBO_L2A92RI:57#A54C"X9?EUXU-`[E
M-VNW-[;JPR'MH^XHD!$_Z0"1+DGH_P"291ZUZ#B^JJK@S",%KH*$HWE=**J,
MP5[272*,5*%G)9E.!?'V+_F_=LGGTH8<=W(H3;219(T)9U$DC%1U=5>0WRRN
ML@LENR:;Q=GC+?MT:RP-WATY'9"?>UUS;\(8MQ`RF(!6`A5&C^H3.-EUY#+U
M7]PYRHV>Q`69=J`=$XF(B7CS]R958<&.D8;]FM1'*\P!\DA[R2PB=@0S1`@7
M-=:C.R+Z"05+GZ7?4`?IT'U'\?\`H5T^?J,UUJ-68BZ:'E3H,H+>BC="Z<WM
MFU4-C;-+W)@P+S)]8,K\+,#/_P#`8:EIG;@<8-XL6RJ+C[K9,6_(@L)O_P"8
MP%%N,EUU6K0`@+]P2F]35"P.P:A(+<XZG+&66)98R@%$H+BK,0UMXK:H(#V&
MT$K<`17Y_:,\=DW;(>N>0O%\6N\>4.#B:!L`PC&A@DBUEL_5&FY+(BV1,Y$E
M><R!FC\X_P#@:G26$2D0,/6G_%WM&#C_`+SU[E:1X,RL2U5$BE:%70LK$M%0
MS0J"E#Y2@FF\,9R;Y9X5XL?%]AX^.W,BF%\J;-N`$+E5J;614#F06$JH!OJD
MC_@5\K%7WFP/"X/R3.QT?M1@NMQ\/8(R04:H.\G4B*20CXC(U:;&634>.&[-
M-)K,D1)_ZKL"J"4$EDNHCY(]/'K/L4C85QXF4AA<"2K,+K22%&Q#>-P&#*I2
M]I(9+++\=>RCG_7Q'(D463BD16(Q($:J+&M8LX!7M[F:K(S`[T%@WW4N_P!O
MW$_<#CZ.\O?Z\<?3SSZ\AUG[,JTN(%305^I_3^>KZ`3TUV==:^:.C1K\$0*'
M)A`H!_(B(``?X?R/I_/7+,J"YR`OZG;7T`DT&YUP5,4J9^X`,`E,`$X`W>/:
M/T`01#O$W\=O/KT.P4;D`G85_7Z?I7^6@"OT)&J0_P"RKY6H.XMG7C-UOM2<
M^]+9*V]VMM5:>!-M22$6X2D*YK[#R385T'UB/+LF+^QD3[EV94T&1BE=.'`-
MMG^+?5<.P>Q\](T>&9)85,K)!&R/`R,`QHTC.)"JA+0H25S(&$:''OE/V:.'
M"'"8JQ2C(4EK9+BK126]Z!20%D6JD2+^6.QU9%D1YH_`+X\YW0_35I*9.B0B
M<\[!R4?DG)46Y*<)&FP:K`J-`QX\(HU15:2L!$/#N9)`0$4I)ZJD)A!(H]4G
MY#]FRO8O8C,7C?%QV:)2O0J9'(L=5HZAFM1R%9T5'94+L-6WT/U6/UKA[95'
M^2G56D(K4$+6Q@9'4E"S+<@56']I(N+Q]#H^L,[ANLK6V5`:*/-J;8O.*TC%
M.:\9O'TL:&B!4=71]F`B<?D*U'2,45IJJ@-=6*8"(&$Q#<5G(E\D<"AG(CB*
MT)4@5D=NT`55>ZMI))8LW1E`M.-7RY%5(_,-R9#7\4>X#@*!]*1%DJ"21(9%
M$B73;3K4=DO96Z7D^H=//.1GW!SJ3?;`%?':E['3?P29%J#$)=/34D0K'6"(
M.Z;*H_G*KTJS(X@Q(40/U(I@.O!_Y-X<D1MF-$DI7\)*K?+&7K_[%#Q,B@#\
M;,23VVM0\G[]XRP\0AC('Z$EP2.P=0`&_(^X'9']TK]+%5J];J_,U2U1+&QU
MNQQ#R!GX29;IOXR9B)!L=H]8R+-P4Z+ANZ;J&*<HAP(&'J-BN@R1EPLZ9"T(
M(8@@@@J1OL5(J"*4))ZZ=DU2PT*_R_UUU0J\EW@UV8T'R\KNEXW7]_FL;0<X
M-[85O':[]WEW7:1,`*O&4"A'(*2-_P`7D*"ABJ&*Y=)-U3M7C==L7W1W7UOW
M_C/9L1O7_>$::=PZK*$K(#.RK0`$AC5RZ(D=L;8\9B6218UBPCV/T;E/6,A>
M<],DD10U/%&)7<]UX!IY`Z"E&$@C2Q45_([,SO+\>?[3./K+&1F/O(5675)M
M4.Y%FGG_`!?$R%AI]E6C67VUQ^?8YCF[RR4BQ@\*JFX&&(_8JK$[CI,@$Z'4
M-['\5YZY23^H(V9A2JM]"JF.0JTA0H[AX@([:"4EQ=&K.[L%U9N&^3L*28<;
M[-$^!R"HM2X8(78TIN+D4@K(&>B@%P6`4/):"PAO!J!LA%L97"&R.'LAIR)B
M)MXZ%O,&2PE<'0(X^(ZJ[]VSL;%ZFD<!.BLU34(/("4!`>LZY#@>;XIW3D<3
M(A,9-Q:-@HH0M0U+2MS*`P)4W+0FX5T/&Y'C\U4?#GAE616*E'5K@I"L5H34
M*2`U/M)`-#IRZLO%(-A>+R<>BT*43F=*O6R;8I``1$XKG5!("@`"///'IU$Z
M>Z8ML/Y0]`M78E](Y@VGQ/$NV:*QQKE:LK.]W)91("B+=M5*8,_-"[$#@)2*
M(%Y`>?XZEL#@N7Y.AQ(',)6OD:D<0%2M6FD*Q*"RE%+.`SBQ:O0:B>3YWB.&
MA:;DITB5;:C=G[R0M$4,YK:Q%%.RNW16(J/^0+]D?.^T"J^MOC@Q]=L:P-V,
ME5AR.+%W*[%7AL]:F;.8/&-9K3IRTQO\I97M^>F>1FOC@8S<8U4>\NP^M_%>
M+PDB<O[,C9(`O&.K5:2K1*E(Y+&\49ENF,KQD.;'B\8NER?V#Y/S.1RSQ/J(
M!#H`LQ0*5<&]V[P4\8C4JQ=%M[I+PJ5+U?"I^O;+8<M59V_WLB8]SE&+E?R[
M%V!%EF\HTI-B='7E27_+JY`<M9V^HRCL'3.*15.W8N0^8Z77=B1!JT][^3X<
M_!?U?UM$'$,+6F56BN2X,L<<=044+1)&84E[Z1QJ0&E/2?CS)XC-B]@YN;R<
MDL-!%NWB8J$%9+R'MBJEMMJU%K,$5M6_A*1)(2AR`!QQVE`QNX1`""4HE$O<
M!N.T..T.`#@`#K#G*11EG%>GTJ2=@-A]:TI_3IK715FH-O\`H?7^FF#Z/S3&
M6M.X*#230?'B=F;/&N&Z.RK_`&#-&JHQ$4<S)2$>PL,E@L4A5_\`J+?WTF?_
M`)`4-[G3J1"BQEE9;T+`GHX#,I9=AV@BPTN[E;>NP26^K%B"MVU!2@H-B:FI
MK4UH-B!3:I?]TEKK3"YMS=&GD#K<HLVRHRQ4UU2O:\A+C%:ZHX,-/)Y#K*HJ
MOK8^73V6C<A`Q*4"-R'2J1V"9E#@#D@F%_!CJ?7_`-]3'!;-=!W2"<T4L?QE
MK/%N*M;>)#;4*0-<NZ_N3#6KB-21ML#L#MOO0@?0T/U!T\Q2ZU%(JIU+-7TR
MH(1;M85)N*3!)E.**)0;Y45'A02932J1BLU3"!')@X3$W46TC*/L8FZFU/YU
MZT`_F0?X:4"@_4=/X_[=-<%K)4RNR%<6&!(\2E4844_NS`BZ5@4;BJ2%,FHZ
M]TLJY;#R1J!`<'3`1[1*(](6`.LI#B5A5BM:;#H5/ZUV%+OY;Z[J:%-K0:"O
M7<_0C_G>FHE-S/#SXU=YYM>PWW'M?H&7[`]F$/[HX.GH2A7NPR\,BI]X&Q1D
M:#RM9$FH9,Q%'BLC&/G[9)(A#+$3#V^K;ZY[E['ZW,YP6#8]R$J?*%%I_&S6
M,A=1<5*%C%W=R-L5J?+>G^H\HXDS\:$9,S=0?&SN`[M2PJ2Q!=V/W.%!:OC6
ME??)GZI=?4=JRV#=^J"]KZD*ZMC,F4:6R;O?Q%,Y>VPDL]2M2D9*P+4KE%!6
M228H,Q5$>13'^F&F<9\Q+C2#*Y3BH,GE12N0#''*>VUJD0'Z550"M([48L07
M;.N0^&\=T;_%YTB?<5210RGM6U2RE:=X8LP1MF%$JI+Z05_5QVF`7"4AN1K0
MQ9(%C#23MQ,711-G'38D+'/5F[B.;%]B434'XH+&2*Z-Z$$>>IW-^;/7Y,.1
M>+PLF'D"I\;M#&0K#<&A=0#_`/4G8-0E7`*ES-\9^RR0O')SL\J,A!1C+8]0
M1:Q$S]IZ-16[2>TZ>1A/]4;#<3+-'.Q&Z+BU$2EOM#VJXCK<)4G#^:(@FY"N
M#-V:3M,B25*@!Q]@C#Y1B?4"9?\`"#YCYDY+]Q)D\!@QXG[F.JR2("\JJ2@D
M<VBK(5LCJSHGY599#0Q\\5\0\0H9>5RI)Y(RR%8V"JK&\JW0D'QM$]AV#BI:
M2-@-6+]-M!]`='XQDVUFQEC.M6"62E(]WDU]*M;?E.VA!E+^2)*9$G7;V?7:
MLWO"CYC&J-HMFH4P"W2[>T,FY3GN:Y[+DR.0=1+.50I"M@D)8'N6-5O=Y*.3
M;=>`:[`#1N(]:X#UW&1<*)+X%8^:0)Y*;EBTE`:!:CK0+M0`:?`UOM"/'DD6
M=LJJL=^/K6A!RVGX$685A-4K<\V@Z3?%:?83NB=GS._XGNAVBH`\!U&O%/#7
MSQ2QD2O&;D9>^.EZ[CJM5J/I<H-"0-3H>,N8U92X56(!!(5JA21UH2&`_6TT
MZ'7WJW*J$^27\GKI#LS1)'/N3D6G\8\ZIV0Y7('=`9'[K_+8#``N0$/:[AZ1
M82.A$`_)OUK].M=B:4!KMTW!'77UI(8:-.P6,D"I(&[$*H%2!5F(4#J6(%"=
MM-,U#)<V]JVI1N+?(35,^PUC/54[W7\(P;-2MC%1IFBU(4P\NM*RE14/WB@O
M;"I6+O[RJE,F!%#]/+$OCCI;,RFO<6!())IV+:`M!2KUI=<+K$YC,KM+<A6-
M'`4U'<I53=0$D=Q9:&AJI-*$$O:Z^Z[TWK(NJ&N67+7+WK)N'J3=[C/XFM&"
M)BRV&)3?S+_#=T=IOK5CA=\H/O?C$Z[2*HX1`0,8P?Z@]>A3*M+786O<.FW3
M8;;=!O\`=L-]M)28^-+?Y8HV\D=CU%;D%U%:OW+W-VFJ]S;;G6#R.@FF$NTF
MF$GK7B=\SL=+Q9CF<;.*NT.C)4+"*_RL24]P3T`*_CYR!3QK8O:F@8I1X$0#
MIS+G9\\1@GGF>$RF0JSD@NU:N0=BVY[ON/U)J:_4A@C9GC1%=Z%B``20%6I(
MZFU57?Z`#H!1:4TGU-5L#VUK8`QHM8Y',L%L._F5JZU4?O,X5B'0K]=R@NN;
MDQK="0K5-LU<AQ[*10`H!P'7QLS-=UDDGE9UC9`2Q)M>ZX5ZT:Y[@**;VJ#7
M7,./C8T7AQHXXX:DA54*H)-30#;<FI/6N_77R0&C.H=6>TN0KNO>,HEWCF7S
M5/495K7&W^UYC8Y!5IG:0B2*^X1!QE1DN="8$0$'")S$`"E,(#U^^S?*)_-+
MYP4HUS7#QTLHU:]E!;OVT%*4&DA@8(,1$,0,"D1]B_C#"TA-NP%10A:`C8[:
M1VWCXTF:5YG4V^LN)DZXPP+-ZO,X@*R@9FAKW8YK\BG,1$(<YC?A4E."+I1J
M(B'NB(@(<CRC%+)!(LT+%)48,K`T((-001N"#N"/KIT0"*'II3EM$=.YTE@3
ME]=<8/TK7$XI@K&DO7TA2F8?!SM)]B./?I%4*FLVH#I`AHX!#^EV@`\E].G+
M\ER,F0N7)/,V6GVN78NNY;M8FX=Q+;'J2>I.D3BXQC\1C3Q7!K;12X->&I2E
MP<!J];A7KOI5_P"%FJ/WX]H_L'C<;"?,2>P0RXP"(O0S4E#)UY/)1%1-RG:`
MA$@;>^7CE(1`0'N-SS)GYLOCOD<F)`J&M"%4U45%";:`*225544$*B@(GC>/
M:5YV@A,TAJS%%)8A&C!8TJ>QF3?^UF7HQJF0FBFGE<<49W!ZZ8MC'&-"YK)0
ME6M;;D-5B;'`L7.I(GDP@B3*97!PF"CW`Z`P@/`="9^=%CG$CFE7%8@E`S!2
M5-02H-"0=QMUWZZ[;"PG,C-#$6F%)"54WBVVC[=PM[:-7MVZ:3B>/[2U.`3J
MI=;,6_CB6!#ZMI0QX`JC!/7I2QGMZF(TT%%C%)35;0?YYVX<"9R4AQ,(D)VB
M9V9'CKBQR,L"L[`#;>5%CDJ1N0R*%()(MJ*=S55,$+2B=E4S!2H:@J`2"0#U
M`)520.I52>@I]\]HEI[9TK2A8==L8S"-W1Q(A;$Y"OI.4YY/`SAH[PZ$@14Y
MB+#CQRP0/'#QRD*).>X"@`&)GYN!*)\*5XIPC*&4[J'!5J5K0T8D'JK=PHP!
MUP<3%9_(T49?R7UM%;PMEU>MUG97K9VUMVUN'&^$L38?>WV2QA0*U1WV4KD_
MR'D9U78Y*/6N=YE$&S9_:I\R0!\Z9=-VB9#*CP/:4`XXZ;2/-,XEGD=Y`*58
MUK7>I_C7_P`G]=?<;$Q,)&BPX8H8V>XA%"@L=B2`!4D4J3N:#?;6TNN=+ZAK
MV(VIV7S!OVV\;^H.0J9K]+XXP(SV5V/V'O6,BY5GXVJV*QL*OCJA8=H$I+PM
M3D9FPRIUU9F2E3+H,F2?MMTOD_4%QX?B,+B?6%]JYL1<ACR,N/'%>Z,)VN_)
MD>(Q&/MC9A&E;KU)$2E2:_G9<V?FR\'@R3X6<J,Z2^.-E=5"76"0.'5#+&')
M"5)*QN2LENPM--A]E4=G,^:,;66BDY4R#AC'^.<QT//^/J,7&[3*&*\D/I6!
M;$O&/2V&QQU4R!"6.'63,6.6"/7;=IP3`0'N8\OA0/QZ^QX<4>)QLV085A\Q
MD:X;DH'_`"%%4QB1F+`.ZD-1[(^.)Y=IN6R?79C)+F8<4;-*4M#B0%@#:/&&
M"6UW3R-Y"D2HFLZ\D.U65M9,<8?@\$Q=.D<Y;,Y]H&MV,)?(K1X^Q[1)V]I2
MKI]D&V0\;-UV4L$;5XF'672C4)!LJ]<BFEW@4QA!+UKB5Y'/FFR09<'%Q9,B
M2(&PND5"RAPK$5J">FP8!E)#+(\ODY./AC]F(AD/(J!I)/&`7[5(/CE!>\JJ
MJ4HQ(Z_:R+AN+\AV'=BZ-3<];%X&V@P1E*K711[,J8OBM;\T8SR)5FT;+1#*
MB5>#N-PB,PT&Q1SEX1\D=!M*P)6Z+A9VLF94.N,C)X#+XZL6//C<NB1@6,6A
MDW[W<2UDC<CJ%9EKT5`=C#@Y/&(AR9ER(@S'R,`)&!+D*5C"1BP&,"05\E'J
MB[$[ZWNN.=,;ZB;!9)UP=Q".8L=XRL5[I;:<@$K&PD7M.9JV)[$GC%EVZ+@T
MS&1ZK8O<8H%$X&`Z8_65OPN/CY?,8F)ELB8LN3$CLU;55G56+49#:`231U-/
M[AUT<SER\?P^7GP`&>#&ED4'<%D1F`--Z$C>FH;HCS-7^Q;?8+D(LU##0"RX
M2Q6PR]D(T65"7JNS6;<,6;.U0KH6=Y.`U81$+6H!LP>M5&XBD]D2$46!4`*-
M\Y'XWS<3A9(XR9?8H\F5Q&@8RG$$D<4;O"%=4#&]U+.O95ORT8154>ZXS\Y%
M#!:>#>$DS-=9)*GD4PXI"`SRES'4(\@8*R(@?=I5?'%F3/.P>I&/<Z[`D@HZ
MXY=E[;=:W"0D",.C7<93%IE38WA'[87:AW$FWJ:+8R[@QA44%3DW)OJZI/MB
M\3A<W)C<.:\>K1QJRU(9UC42-WLQ`:0.:!F`K1&*VG5IX!<]^)A?D9H\C,:,
MNTB`!&#$LMEH`*JI55:@O`#,`21J.GR";Y["X<\@-7UDJ.?8W7W$;W40F<G5
MGAM.;CN+>Y7(1LLS%-&!5K%&LL-)5BJ#6XXZY9!RV]CY"'9[G*GTV+UWB^.F
MX7_+3X@RY8LTK(DDS8T7A\5HK,6C16\TD9I>7:B@"PL2EFO))EM@Q3Y$$CP*
MRLD:L%HYJ5=XGC+L.UD8L0H#*BFK&673VZ6R^:\XXN-SRJKFR=L+*<?N,AJ8
M+FM;G%A0)9Y5HQ]["]EEYZP4M6.8(D0['+HQWI40=%`A%>.J1S4BX_*/'#$L
M<>S>..9)U!:E51U+%E6I*][,H%DCLRLQE<"&5<.-,F3RY"J%:0I9<P&[E1VK
M<=[1L*[;4U&-N[Y+<\Z?^0FB44:?!W32NNZZ$RULZ\C850V1\61=@R;%8XB,
MIQC]*145F*I4I!^1Q--"LN$8TRJWN`9,!"X\1Z[QG(>KY')S9<47*+D%8XRR
M7L$A9[0K2IVS,RH'"R,KH`%M9RM6Y+V9>-Y]>*DC=L?]H<B1PIMBB7RWNS`L
MS&J(H01K2XF]B50/$T1VCONR62]ZXJRS=5L%%PELRCCG#,M58U!LV?XZ>XTI
MEQ8O',JV>O4;"LY=V)02NBB4!(`!QZ<!%\WQD''87&R)1<G(PS)*MP8AO/,J
MDT)MK&J"R@*D$-WW:<<'R^3R>;G1,$?CX94\$Z`B.5'2K*IJRNT3@H[HU"?[
M$I0R-=5[5DU'EM/HC&Y[R70MAL4YDR;JMM/C"JV*A5K.^)HFL2;BP8_L;MC)
MS&.LJT*WQ4C4<J4="=B4I"-9293!'/A.LR.D94YE)C@/8I.)\F!E8W[OA9)%
MD>"2T('I]Z,;K'H65W076,RJ581NK#E>*BY/'($KX^584$T1MF5;E9@K6FT-
M8M1T-`3N-9'J!I5!:Q2V3,DV3)F2MA-B<X.J^]S)GG+2K+\CLA*NP495VKU"
MMQ+9G5L98Y@#.G*S*`BB$:-EG!S=RAC=P)\][#/S+QXZ8L.)Q4$LC100J+*N
M?O+$_P#L("AG:A:T4`):OW!XC"P6_<K23D6A6-YW"^9PH44=PH+UM%0-J@;`
M`4V'MUJAC;<7$#C$>1W-N@465CKMXI-^H4TK7\B8XR-5'QG=3O5#LA".7<+8
MJ\^#O*IV`BJBJ=-03(G5*+;B^2SN&SH^0XT@3(]3==0BX7+U!M8`@@%00=B!
MU5R\'%SA&,L,3"XD0JQ4APK*";2*BC$,&JI!(93]&TX#\>4Y2<[TO979O:++
MNYN:<55:V43!LYD>JT"A53#%;O)F"=W?P%)QS%1L%(7ZWQL0U8O;(Y]^479)
MB@8Y43F*5_R/L$>1@/Q?&XD.)C/DK(Q17\AWN:(RT!?'N[U22^Q@GY#N3$\-
MP,_'2C*S\R;-RA#XPTENRV1C8;E6N0L2I5G#`3>5HT<27R4>UE8Z0C'J"3AI
M)L74>\06(11)PU=H*-UT%B'*<BB2B2I@$I@$!`1Y`>H-@:$I3R4VK_Q7ZTKJ
MP`]`:VUU"7%^##5.$T-R#H#&6+(B&/LA9A<YH?9#!E#+9'86%O8HN:AXQK(N
MX95BK&0T2T+$M_<2$0CSJID$@\B%U?Y`]B/LZ>U4@.=%"8U6UBM+2M*,UQK<
MS5:0FXT%J`+JN9'J7`YG$KPN7%=@),9%4?B"DESL(1&**'*@4W&[EG)8S$8]
MH\'C2ATZAUB.08P-*K<!4H!FB@FB5G#0<>SB&*94$2$(@5-LW`YB$`I0'GT#
MGTIV1F<AR>1+R')M?GS2,Y8T)J?J:4'Z["@H:"@V$_#C8F%$F+A(L>*BT"J`
MJ@5K0`"@'].N^H]-B/'=.9HVKC-NL8[5YNUARLPP2WUT?N\90%!G6$QCIMD`
M,@F9K(9$KEF8-GBT^8P_)2:F4[`((G,F3L&R>O\`M7^*P1B9G'8^4E[L4E9F
MC+,A`=DN90RD(%9%5@AD1K[U>.`YCUU^1R),G'Y#-QY6A")XWHD9#!K@@"WL
M=PU[&JFBE2%*O;PGCB\XSQU'4C(V9;?GVRLWU@<O<I7R$J,!:IIO+RSR08,W
MD=CR#K%79I0C5^#)/XS1MW(I<@4@>@5;)9I<AI554B9Z]O6E:A0`H``)I^@6
MNP^D[A1/C846//(TV1'$JLY%+V"@,YW.[4NI4[_4ZU%.:>8]L>VK_:V<?2DO
M/RNN4OK)(X^DH]!Q19"B3=M96F87>@9JH==Y(G9)MSIG$R(M^0[>>1!Y!R67
M!B-C16I&TZ.:HK&Z)F"$$J2`0S?PHQKL35OD\;CY<I;(+M"T+1M'>1&P92#5
M0>H#,-B+JB\,R1&/`O'[X\,->.JKYAHV$)JXOZEEK+4UEK[):C(+-J6O+MF[
M-.IU=5%FU43K,2W;D3:(JF4.DD4"`/:7J2YSGLWV">'(SEB62''2%;%M%B%B
M*BI%>XC:BA0%50`!KCC.,Q>)QOVN("(JU^@%U`"0JA42XBYEC5%+EGMN9B9!
M.H34AHZ-&CHT:.C1HZ-&CHT:.C1HZ-&CHT:.C1HZ-&CHT:.C1HZ-&CHT:.C1
<HZ-&CHT:.C1HZ-&CHT:.C1HZ-&CHT:.C1K__V3\_
`
end
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
