As Amended on Denial of Rehearing and Rehearing En Banc June 24, 1986.
CUDAHY, Circuit Judge.
Defendant-appellant Prince Hall Village, Inc. ("Prince Hall") defaulted on its federally-insured mortgage. Under the terms of the mortgage and a contemporaneously negotiated agreement between Prince Hall and the United States Department of Housing and Urban Development ("HUD"), HUD could accelerate the debt in the case of default and could foreclose were the debt...
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