Foothills Mall lender to file foreclosure demands for remaining $47M debt This story first appeared on BizWest.com, a BusinessDen news partner. The Foothills Mall in Fort Collins is heading toward receivership after its primary lender said in court that the mall failed to make scheduled debt payments in the fall. In a lawsuit filed to Larimer County District Court this week, MUFG Union Bank N.A. claims that just more than $46 million of unpaid principal and interest remains on the original loan of $145 million. The bank claims that Foothills failed to make its scheduled debt payment on Oct. 9. It’s unclear how much the Mall was supposed to pay in October. The promissory note for the loan is sealed by the court.