20. Beneath the terms of the latest Notice, Plaintiff was obligated to afford the amount borrowed just like the recommended in brand new Notice and you can Action out-of Faith.

Nationstar performed completely beneath the regards to the borrowed funds Contract. Plaintiff breached the latest terms of the loan Agreement by the failing to sensitive payments in accordance with the commission agenda of your own Financing Arrangement.

The loan Agreement is during standard to have incapacity and make repayments depending on the terms of the fresh new Mention and Deed off Trust. Ergo, there've been a content violation of Mortgage Arrangement.

21. In accordance with the Colorado Guidelines out of Municipal Techniques and you can Tex. Const. art. XVI, §50(a)(6) Nationstar, because the mortgagee, seeks judgment to own breach regarding bargain, allowing the non- judicial foreclosures of lien up against the Assets.

All other measures required by law or even the terms of the fresh Mortgage Arrangement called for so you're able to foreclosures of shelter attract was basically performed.

D. Official Foreclosure

Area of the Colorado Possessions Code offers up the fresh marketing from property pursuant so you're able to a protection tool which have an electrical energy off business.