Harris County Case 2023-71132
Status: Active
Zeus Mortgage defaulted on the Note and demand was made to pay for the Maker to pay the Note and for the Guarantors to pay in accordance with their Guaranty Agreements. Defendants have failed to perform and have breached the Note and the Guaranty.
Source: Plaintiff’s Original Petition filed 10/12/2023
Total Amount Due: $12,636,051.10 (plus Legal Fees)
…interest is and will continue to accrue at the post-maturity rate of 18% per annum from and after July 24, 2023 until paid in accordance with the terms of the Note.
Lender has requested that you provide information required by the Loan Agreement as well as other information relating to the collateral securing the loan and relating to information to supplement Dr. Kaufman’s personal financial statement dated July 10, 2023. You have failed to provide the requested information. In addition, there are numerous serious and continuing defaults under the terms of the loan, including your failure to provide information and reporting required by the loan documents and your failure to repurchase loans under Section 4.5 of the Loan Agreement, let alone to report the underlying loans for which repurchase is required. Given these serious defaults, Lender will not consider any renewal or extension of your loan.
Source: Plaintiff’s Initial Disclosures filed 11/28/2023 (emphasis added)