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200408115 e <br />funds from the date Mortgagor is in default under the terms of this Security Instrument or the Promissory <br />Note. <br />24. APPLICABLE LAW. This Security Instrument is governed by the laws of Illinois, except to the extent <br />otherwise required by the laws of the jurisdiction where the Property is located, and the United States of <br />America. <br />25. JOINT AND INDIVIDUAL LIABILITY AND SUCCESSORS. Each Grantor's obligations under this Security <br />Instrument are independent of the obligations of any other Grantor. Lender may sue each Grantor individually or <br />together with any other Grantor. Lender may release any part of the Property and Grantor will still be obligated <br />under this Security Instrument for the remaining Property. The duties and benefits of this Security Instrument <br />will bind and benefit the successors and assigns of Lender and Grantor. <br />26. AMENDMENT, INTEGRATION AND SEVERABILITY. This Security Instrument may not be amended or <br />modified by oral agreement. No amendment or modification of this Security Instrument is effective unless made <br />in writing and executed by Grantor and Lender. This Security Instrument is the complete and final expression of <br />the agreement. If any provision of this Security Instrument is unenforceable, then the unenforceable provision <br />will be severed and the remaining provisions will still be enforceable. <br />27. INTERPRETATION. Whenever used, the singular includes the plural and the plural includes the singular. The <br />section headings are for convenience only and are not to be used to interpret or define the terms of this <br />Security Instrument. <br />28. NOTICE, FINANCIAL REPORTS AND ADDITIONAL DOCUMENTS. Unless otherwise required by law, any <br />notice will be given by delivering it or mailing it by first class mail to the appropriate party's address listed in the <br />DATE AND PARTIES section, or to any other address designated in writing. Notice to one party will be deemed <br />to be notice to all parties. Grantor will inform Lender in writing of any change in Grantor's name, address or <br />other application information. Grantor will provide Lender any financial statements or information Lender <br />requests. All financial statements and information Grantor gives Lender will be correct and complete. Grantor <br />agrees to sign, deliver, and file any additional documents or certifications that Lender may consider necessary to <br />perfect, continue, and preserve Grantor's obligations under this Security Instrument and to confirm Lender's lien <br />status on any Property. Time is of the essence. <br />SIGNATURES. By signing under seal, Grantor agrees to the terms and covenants contained in this Security <br />Instrument. Grantor also acknowledges receipt of a copy of this Security Instrument. <br />GRANTOR: <br />RTS Bus s Holdings In . <br />By ,U/ (Seal) <br />Roger D. Sandefer, President <br />RTS Business Holdings Inc. <br />Nebraska Deed Of Trust Initials <br />IL/ 4Xrollika00704400004160010081204Y °1996 Bankers Systems, Inc., St. Cloud, MN per T Page 8 <br />