94- 457 C.M.R. ch. 619, § 5
Current through 2024-51, December 18, 2024
If a payment is not made within thirty days following the due date, the Authority may declare the loan in default and give the borrower thirty days to cure the default. If the borrower fails to cure the default after thirty days' notice, the Authority may declare the entire loan balance due and payable and take legal action to enforce the loan documents, and shall be entitled to collect reasonable attorney's fees if permitted by law.
94- 457 C.M.R. ch. 619, § 5