§209-33  Default.  If the applicant is
in default of any term or condition in any loan agreement or mortgage or the
provisions of this part, the unpaid balance of the loan, including interest,
shall, at the option of the director of business, economic development, and
tourism, become due and payable forthwith, and the director may foreclose any
mortgage by any method provided by law. [L 1961, c 189, §19; Supp, §98P-19; HRS
§209-33; ree L 1976, c 205, §1(2); am L 1987, c 336, §7; am L 1990, c 293, §8]