WebJun 11, 2024 · Among other things, paragraph 22 of the mortgage required lender to send borrower a notice of default and provide an opportunity to cure before the debt could be accelerated. Plaintiff argued that questions of fact existed as to whether it complied with paragraph 22(b) of the mortgage, “which is a contractual condition precedent to a valid … WebIn Trinity 83 Development, LLC v.Colfin Midwest Funding, LLC, 917 F.3d 599 (7th Cir. 2024), the U.S. Court of Appeals for the Seventh Circuit, applying Illinois law, ruled that …
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