Can I still save my business property?

[bmwhongus]

My commercial loan was put on non-accrual since 11/09 for 90 days missed payment. However, I brought it current with a lump-sum payment in Jan 2010. Now, I am 5 payments behind but however, I have enough cash to bring all the late payments current. I have not received a demand letter, but did get a notice of default. Is it too late to save the property? What do I need to do in order to stop foreclosure, or is it already a foregone conclusion? I still have the ability to pay the loan and pay all the late payments all at once...