If an applicant is in default of any term or condition in any loan agreement or mortgage made pursuant to this chapter, or if the applicant fails to comply with any provisions of part III, chapter 209, Hawaii Revised Statutes, the director may demand, and shall be entitled to payment of the unpaid balance of the loan, including interest. The director may foreclose any mortgage by any method provided by law.
Haw. Code R. § 15-4-13