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4 • <br /> 11 . Time is of the essence of this Agreement. <br /> 12 . This Agreement, including but not limited to the <br /> obligation for payment contained in paragraphs 7 and 8, shall <br /> run with the land, subject to the terms of paragraph 13 below, <br /> and is binding upon the Bank and its successors and assigns. <br /> 13. The term of this Agreement is for a period of 20 years <br /> from the date hereof. <br /> DATED this . �� day of 1990. <br /> CITY OF , � ILLINOIS, <br /> By <br /> YOR <br /> ATTEST: <br /> TY C ERK <br /> Magna Millikin Bank of Decatur <br /> N.A. , <br /> By <br /> ATTEST: <br /> STATE OF ILLINOIS ) <br /> ) SS <br /> COUNTY OF MACON ) <br /> I, the undersigned Notary Public in and for the County and <br /> State aforesaid, do hereby certify that Gary K. Anderson <br /> and Phyllis E. Sand$ personally known to me to be the same <br />