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Section 7. Addresses for Notices. All notices and other <br />communications provided for hereunder shall be in writing and <br />mailed or delivered by courier and directed as follows: <br /> <br />If to the City: <br /> <br />City of University City, Missouri <br />6801 Delmar Boulevard, Second Floor <br />University City, Missouri 63130 <br />Attention: Frank Ollendorff <br /> <br />With a copy to: <br /> <br />Husch ~ ,Eppenberger <br />100 North Broadway, Suite 1300 <br />St. Louis, Missouri 63102 <br />Attention: Gregory R. Smith, Esq. <br /> <br />If to the Bank: <br /> <br />Royal Banks of Missouri <br />8021 Olive Boulevard <br />University City, Missouri 63130 <br />Attention: Joseph Ciaravino <br /> <br />or to any other address as the parties hereto may designate in <br />writing in compliance with the notice provisions of this Section <br />7. All such notices and other communications shall be effective <br />when properly addressed as provided herein and (i) if mailed, <br />when deposited in the United States Mail, registered or certified <br />mail, postage prepaid, return receipt requested, or (ii) if <br />delivered, when received by the addresses hereunder. <br /> <br /> Section 8. Continuing Security Tnterest. This Agreement <br />shall create a continuing security interest in the Pledged <br />Collateral and shall remain in full force and effect until the <br />payment in full of the Obligations. Upon the payment in full of <br />the Obligations, the City shall be entitled to the return, upon <br />its request and at its expense, of such of the Pledged <br />Collateral, if any, as shall not have been otherwise applied <br />pursuant to the terms hereof. <br /> <br /> Section 9. Governing Law. This Agreement shall be governed <br />by and construed in accordance with the laws of the State of <br />Missouri. <br /> <br />STL-68576 <br /> <br />- 3 - <br /> <br /> <br />