Max lift = lobe centerline position. In other words, it's supposed to be installed 5* advanced per the card.
There are two different things here. In general, Lobe Separation Angle (LSA), how far in degrees the max lift points are apart in crank degrees, which on this cam is 112*. The other is the Intake Centerline (ICL) which is where you install the cam in relation to the crank, in this case at 107*, which is 5* advanced from the the straight up location (112).