<PAGE>   1
[NBD LOGO]                                                         Exhibit 10.24
                                                  INSTALLMENT BUSINESS LOAN NOTE
--------------------------------------------------------------------------------
Due     January 17, 2001                $ 480,211.64

No.                                     Date    January 17, 1996
   --------------------               

PROMISE TO PAY: For value received, the undersigned (the "Borrower") promises to
pay to NBD BANK (the "Bank") or order, at any office of the Bank in the
State of Michigan, the sum of Four Hundred Eighty Thousand Two Hundred Eleven
and 64/100 ******** DOLLARS ($480,211.64) plus interest computed on the basis 
of the actual number of days elapsed in a year of 360      days at the rate of:

        8.25    % per annum (the "Note Rate") until maturity, whether by
                  acceleration or otherwise, and at the rate of 3% per annum
                  above the Note Rate on overdue principal from the date when 
                  due until paid; or

        -----   % per annum above the rate announced from time to time by the
                  Bank as its "prime" rate (the "Note Rate"), which rate may
                  not be the lowest rate charged by the Bank to any of its 
                  customers, until maturity, whether by acceleration or
                  otherwise, and at the rate of 3% per annum above the Note Rate
                  on overdue principal from the date when due until paid.  Each
                  change in the "prime" rate will immediately change the Note
                  Rate. 

In no event shall the interest rate exceed the maximum rate allowed by law; any
interest payment which would for any reason be deemed unlawful under applicable
law shall be applied to principal.

The Borrower will pay this sum in 59 consecutive monthly installments of
$9,794.52, including interest, commencing February 17, 1996 with a final 
payment due January 17, 2001 at which time the entire balance of unpaid 
principal plus accrued interest shall be due and payable immediately. Each 
payment will be applied first to accrued interest, then to principal.

LOAN AGREEMENT: [complete if applicable] This note evidences a debt under the
terms of a Credit Agreement between the Bank and the Borrower dated August
28, 1995 and any amendments.

PREPAYMENT: If a fixed interest rate is specified above, the Borrower may prepay
all or any part of the principal balance of this note on one business day's
notice provided that, in addition to all principal, interest and costs owing at
the time of prepayment, the Borrower pays a prepayment premium equal to the
Current Value of (i) the interest that would have accrued on the amount prepaid
at the Note Rate, minus (ii) the interest that could accrue on the amount
prepaid at the Treasury Rate.  In both cases, interest will be calculated from
the prepayment  date to the maturity dates of the installments being prepaid.
Such maturity dates shall be determined by applying the prepayment to the
scheduled installments of principal in their inverse order of maturity.
"Treasury Rate" means the yield, as of the date of prepayment, on United States
Treasury bills, notes or bonds, selected by the Bank in its discretion, having
maturities comparable to the scheduled maturities of the installments being
prepaid. "Current Value" means the net present value of the dollar amount of the
interest to be earned, discounted at the Treasury Rate.  In no event shall the
prepayment premium be less than zero.  The Borrower's notice of its intent to
prepay shall be irrevocable.  If the balance of this note is accelerated in
accordance with the terms of this note, the resulting balance due shall be
considered a prepayment due and payable as of the date of acceleration.  The
Borrower agrees that the prepayment premium is a reasonable estimate of loss and
not a penalty. The prepayment premium is payable as liquidated damages for the
loss of bargain and its payment shall not in any way reduce, affect or impair
any other obligation of the Borrower under this note.

SECURITY: To secure the payment of this note and any other present or future
liability of the Borrower, whether several, joint, or joint and several, the
Borrower pledges and grants to the Bank a continuing security interest in the
following described property and all of its additions, substitutions, 
increments, proceeds and products, whether now owned or later acquired
("Collateral"):

1. All securities and other property of the Borrower in the custody, possession
   or control of the Bank (other than property held by the Bank solely in a
   fiduciary capacity);
2. All property or securities declared or acknowledged to constitute security 
   for any past, present or future liability of the Borrower to the Bank;
3. All balances of deposit accounts of the Borrower with the Bank;
4. The following additional property:  1 Aspect Call System 100R and 5 Aspect
   Teleset 1F Card 16 Port

BANK'S RIGHT TO SETOFF: The Bank shall have the right at any time to apply its
own debt or liability to the Borrower or to any other party liable on this 
note in whole or partial payment of this note or other present or future 
liabilities, without any requirement of mutual maturity.

REPRESENTATIONS BY BORROWER: Each Borrower represents: (a) that the execution 
and delivery of this Note and the performance of the obligations it imposes do 
not violate any law, conflict with any agreement by which it is bound, or 
require the consent or approval of any governmental authority or any third 
party; (b) that this Note is a valid and binding agreement, enforceable 
according to its terms; and (c) that all balance sheets, profit and loss 
statements, and other financial statements furnished to the Bank are accurate 
and fairly reflect the financial condition of the organizations and persons 
to which they apply on their effective dates, including contingent liabilities 
of every type, which financial condition has not changed materially and 
adversely since those dates. Each Borrower, if other than a natural person, 
further represents: (a) that it is duly organized, existing and in good 
standing under the laws where it is organized; and (b) that the execution and 
delivery of this Note and the performance of the obligations it imposes 
(i) are within its powers; (ii) have been duly authorized by all necessary 
action of its governing body; and (iii) do not contravene the terms of its 
articles of incorporation or organization, its by-laws, or any agreement 
governing its affairs.

WAIVER OF JURY TRIAL: The Bank and the Borrower, after consulting or having had
the opportunity to consult with counsel, knowingly, voluntarily and
intentionally waive any right either of them may have to a trial by jury in any
litigation based upon or arising out of this note or any related instrument or
agreement or any of the transactions contemplated by this note or any course of
conduct, dealing, statements, whether oral or written, or actions of either of
them. Neither the Bank nor the Borrower shall seek to consolidate, by
counterclaim or otherwise, any action in which a jury trial has been waived with
any other action in which a jury trial cannot be or has not been waived. These
provisions shall not be deemed to have been modified in any respect or
relinquished by either the Bank or the Borrower except by a written instrument
executed by both of them.

SEE REVERSE SIDE FOR ADDITIONAL TERMS AND CONDITIONS INCLUDING EVENTS OF DEFAULT

                                                                      BORROWER:

Address:        22000 Garrison Avenue           National TechTeam, Inc.
                Dearborn, MI  48124
Address:                                        By: Lawrence A. Miller
                ---------------------           ---------------------------     
                ---------------------               Lawrence A. Miller
                                                ---------------------------
<PAGE>   2
                       ADDITIONAL TERMS AND CONDITIONS


EVENTS OF DEFAULT/ACCELERATION: If any of the following events occurs:
        The Borrower or any guarantor of this note ("Guarantor") fails to pay 
        when due any amount payable under this note or under any agreement or 
        instrument evidencing debt to any creditor; 
        The Borrower or any Guarantor (a) fails to observe or perform any other
        term of this note; (b) makes any materially incorrect or misleading 
        representation, warranty, or certificate to the Bank; (c) makes any
        materially incorrect or misleading representation in any financial 
        statement or other information delivered to the Bank; or (d) defaults
        under the terms of any agreement or instrument relating to any debt 
        for borrowed money (other than the debt evidenced by this note) such 
        that the creditor declares the debt due before its maturity; 
        There is a default under the terms of any loan agreement, mortgage,
        security agreement, or any other document executed as part of the loan
        evidenced by this note, or any guaranty of the loan evidenced by this 
        note becomes unenforceable in whole or in part, or any Guarantor fails 
        to promptly perform under such a guaranty; 
        A "reportable event" (as defined in the Employee Retirement Income
        Security Act of 1974 as amended) occurs that would permit the Pension
        Benefit Guaranty Corporation to terminate any employee benefit plan of 
        the Borrower or any affiliate of the Borrower; 
        The Borrower or any Guarantor becomes insolvent or unable to pay its 
        debts as they become due; 
        The Borrower or any Guarantor (a) makes an assignment for the benefit 
        of creditors; (b) consents to the appointment of a custodian, receiver,
        or trustee for itself or for a substantial part of its assets; or (c)
        commences any proceeding under any bankruptcy, reorganization, 
        liquidation, insolvency or similar laws of any jurisdiction; 
        A custodian, receiver, or trustee is appointed for the Borrower or any
        Guarantor or for a substantial part or its assets without its consent 
        and is not removed within 60 days after such appointment; 
        Proceedings are commenced against the Borrower or any Guarantor under 
        any bankruptcy, reorganization, liquidation, or similar laws of any 
        jurisdiction, and such proceedings remain undismissed for 60 days after 
        commencement; or the Borrower or Guarantor consents to the commencement
        of such proceedings;
        Any judgement is entered against the Borrower or any Guarantor, or any 
        attachment, levy, or garnishment is issued against any property of the 
        Borrower or any Guarantor; 
     1. The Borrower or any Guarantor dies; 
        The Borrower or any Guarantor, without the Bank's written consent, 
        (a) is dissolved, (b) merges or consolidates with any third party, 
        (c) leases, sells or otherwise conveys a material part of its assets 
        or business outside the ordinary course of its business, or (d) leases,
        purchases or otherwise acquires a material part of the assets of any 
        other corporation or business entity except in the ordinary course of 
        business, or (e) agrees to do any of the foregoing (notwithstanding 
        the foregoing, any subsidiary may merge or consolidate with any other 
        subsidiary, or with the Borrower so long as the Borrower is the 
        survivor); 
     2. The loan-to-value ratio of any pledge securities at any time exceeds 
             %, and such excess continues for five (5) days after notice from
        the Bank to the Borrower;
     3. There is a substantial change in the existing or prospective financial
        condition of the Borrower or any Guarantor which the Bank in good faith
        determines to be materially adverse;
     4. The Bank in good faith deems itself insecure;
When this note shall become due immediately, without notice, at the Bank's
option.
REMEDIES: If this note is not paid at maturity, whether by acceleration or
otherwise, the Bank shall have all of the rights and remedies provided by any
law or agreement.  Any requirement of reasonable notice shall be met if the
Bank sends the notice to the Borrower at least seven (7) days prior to the date
of sale, disposition or other event giving rise to the required notice. The Bank
is authorized to cause all or any part of the Collateral to be transferred to
or registered in its name or in the name of any other person, firm or
corporation, with or without designation of the capacity of such nominee.  The
Borrower shall be liable for any deficiency remaining after disposition of any
Collateral.  The Borrower is liable to the Bank for all reasonable costs and
expenses of every kind incurred in making or collection of this note,
including, without limitation, reasonable attorneys' fees and court costs. These
costs and expenses shall include, without limitation, any costs or expenses
incurred by the Bank in any bankruptcy, reorganization, insolvency or other
similar proceeding.
WAIVER: Each endorser and any other party liable on this note severally waives
demand, presentment, notice of dishonor and protest, and consents to any
extension or postponement of time of its payment without limit as to the
number or period, to any substitution, exchange or release of all or part of
the Collateral, to the addition of any party, and to the release or discharge
of, or suspension of any rights and remedies against, any person who may be
liable for the payment of this note.  No delay on the part of the bank in the
exercise of any right or remedy shall operate as a waiver.  No single or
partial exercise by the Bank of any right or remedy shall preclude any other
future exercise of it or the exercise of any other right or remedy.  No waiver
or indulgence by the Bank of any default shall be effective unless in writing
and signed by the Bank, nor shall a waiver on one occasion be construed as a
bar to or waiver of that right on any future occasion.
MISCELLANEOUS: The Borrower, if more than one, shall be jointly and severally
liable, and the term "Borrower" shall mean any one or more of them.  This note
shall be binding on the Borrower and its successors, and shall inure to the
benefit of the Bank, its successors and assigns.  Any reference to the Bank
shall include any holder of this note.  This note is delivered in the State of
Michigan and governed by Michigan law. Section headings are for convenience of
reference only and shall not affect the interpretation of this note.

PAYMENT GUARANTEED BY:                  

(Signature)                                             Address

(Signature)                                             Address

(Signature)                                             Address


FOR BANK USE ONLY
FACILITY AUTHORIZED TO LEND UNDER


METHOD OF DISBURSEMENT


LOAN CLASSIFICATION

<TABLE>
<S><C>
COUNTRY CODE    ORC ADDRESS                     SIC CODE         BORR.          BRANCH NUMBER           SOCIAL SECURITY NUMBER
                                                                 CODE
                Div    Reg  Grp  Sect    ORC

MAXIMUM ACCOUNT LIMIT     SPECIAL ID    LN.   FRB CODE   OFFICER     LOAN         PROFIT     TX.  PR.   YR.  MAIN COLL.   REG U/
                                        TM.              INITIALS    PURPOSE      CENTER     EX   REL   BA   TYPE        

BILLING INSTRUCTIONS

Payment Amount  1st Principal Payment 1st Interest Payment  Interest Incl.  Principal Cycle  Interest Cycle  Lead Time  Day of Month

INT. COLLARS            CHARGE DDA ACCOUNT NUMBER               PYMT.           CHG.            REV.    PART    MAXIMUM NOTE LIMIT
High  Low                                                       TYPE            TYPE            CR.     BGHT/
                                                                                                        SOLD

</TABLE>
<PAGE>   3
[NBD LOGO]                                         CONTINUING SECURITY AGREEMENT

NAME OF DEBTOR:         National TechTeam, Inc.         (the "Debtor")

TAXPAYER I.D. NO:       38-2774613

DEBTOR'S ADDRESS (Chief executive office):     22000 Garrison Avenue, Dearborn, 
                                               MI  48124

GRANT OF SECURITY INTEREST:  The Debtor grants to NBD BANK, a Michigan banking
corporation, the secured party referred to as the "Bank", whose address is 611
Woodward Avenue, Detroit, Michigan 48226, a continuing security interest in the
Collateral listed below, to secure the payment and performance of:


        All of Debtor's debt to the Bank; and

        (Check if applicable)
        / / All of                                         's debt to the Bank.

                  ----------------------------------------
                   (Name of Borrower if other than Debtor)   

Debt shall include each and every debt, liability and obligation of every type
and description now owed or arising at a later time, whether they are direct or
indirect, joint, several, or joint and several and whether or not of the same
type or class as presently outstanding, which shall collectively be referred to
as "Liabilities."  Liabilities shall also include all interest, costs, expenses
and reasonable attorney's fees accruing to or incurred by the Bank in collecting
the Liabilities or in the protection, maintenance or liquidation of the
Collateral.

COLLATERAL:
/ /Accounts Receivable          / /Equipment            / /Farm Products

/ /Inventory                    / /Instruments          /X/Specific (see Item 6)

NOTE: If no box is checked, it is expressly agreed by Debtor that the Bank is
granted a security interest in "All Assets."  "All Assets" of Debtor shall
include Accounts Receivable, Inventory, Equipment, Instruments and Farm
Products, all as defined below.

DESCRIPTION OF COLLATERAL: The Collateral covered by this agreement is all of
the Debtor's property indicated above and defined below, present and future,
including but not limited to any items listed on any schedule or list attached.
Also included are all proceeds, including but not limited to stock rights,
subscription rights, dividends, stock dividends, stock splits, or liquidating
dividends, and all cash, accounts, chattel paper and general intangibles arising
from the sale, rent, lease, casualty loss or other disposition of the
Collateral, and any Collateral returned to, repossessed by or stopped in transit
by the Debtor. Also included are the Debtor's books and records which relate to
the Collateral. Where the Collateral is in the possession of the Bank, the
Debtor agrees to deliver to the Bank any property which represents an increase
in the Collateral or profits or proceeds of the Collateral.

        1.  "Accounts Receivable" shall consist of accounts, chattel paper and
            general intangibles as those terms are defined in the Michigan
            Uniform Commercial Code ("UCC"). Also included is any right to a
            refund of taxes paid at any time to any governmental entity.  Also
            included are letters of credit, and drafts under them, given in
            support of Accounts Receivable.  Debtor warrants that its chief
            executive office is at the address shown above.

        2.  "Inventory" shall consist of all property held at any location by
            or for the Debtor for sale, rent or lease, or furnished or to be
            furnished by the Debtor under any contract of service, or raw 
            materials or work in process and their products, or materials used
            or consumed in its business, and shall include containers and
            shelving useful for storing.  Without limiting the security
            interest granted, the Inventory is presently located at ___________
            __________________________________________________________________.

        3.  "Equipment" shall consist of any goods at any time acquired, owned
            or held by the Debtor at any location primarily for use in its
            business, including but not limited to machinery, fixtures, 
            furniture, furnishings and vehicles, and any accessions, parts, 
            attachments, accessories, tools, dies, additions, substitutions, 
            replacements and appurtenances to them or intended for use with 
            them.  Without limiting the security interest granted, the 
            Equipment is presently located at _________________________________
            __________________________________________________________________.

        4.  "Instruments" shall consist of the Debtor's interest of any kind in
            any negotiable instrument or security as those terms are defined in
            the UCC, or any other writing which evidences a right to payment of 
            money and is of a type which is, in the ordinary course of
            business, transferred by delivery alone or by delivery with any
            necessary endorsement or assignment.

        5.  "Farm Products" shall consist of all poultry and livestock and
            their young, along with their products and produce; all crops, 
            annual or perennial, and all products of the crops; and all feed,
            seed, fertilizer, medicines, and other supplies used or produced
            in farming operations.  The Debtor will provide the Bank with a
            written list of the buyers, commission merchants or selling agents
            to or through whom it may sell the Farm Products, in form
            acceptable to the Bank.  The Debtor will keep this list current by
            notice to the Bank at least 7 days prior to any sale.  In this
            paragraph the term farm products, buyers, commission merchants and
            selling agents have the meanings given to them in the Federal Food
            Security Act of 1985, and Section 9307 of the UCC.

        6.  "Specific" shall consist of the following, and all accessions,
            parts, attachments, accessories, additions, substitutions,
            replacements, appurtenances, and their related rights:   1 Aspect
            Call System 100R and 5 Aspect Teleset 1F Card 16 Port         
            presently located at:  22000 Garrison Avenue, Dearborn, MI  48124

ADDITIONAL TERMS AND CONDITIONS:  The Debtor agrees to all of the Additional
                                  Terms and Conditions on the reverse.

WAIVER OF JURY TRIAL: The Bank and the Debtor after consulting or having had
the opportunity to consult with counsel, knowingly, voluntarily and 
intentionally waive any right either of them may have to a trial by jury in
any litigation based upon or arising out of this agreement or any related
instrument or agreement, or any of the transactions contemplated by this
agreement, or any course of conduct, dealing, statements (whether oral or
written), or actions of either of them.  Neither the Bank nor the Debtor shall
seek to consolidate, by counterclaim or otherwise, any action in which a jury
trial has been waived with any other action in which a jury trial cannot be or
has not been waived.  These provisions shall not be deemed to have been
modified in any respect or relinquished by either the Bank or the Debtor except
by a written instrument executed by both of them.

                                                                        DEBTOR:

Dated    January 17, 1995                       National TechTeam, Inc.

                                                By:   Lawrence A. Miller
                                                      ------------------
                                                      Lawrence A. Miller        
                                                      ------------------





<PAGE>   4
WARRANTIES & COVENANTS: The Debtor warrants and covenants to the Bank that: 
1.   It will pay its Liabilities to the Bank secured by this agreement;
2.   It is or will become the owner of the Collateral free from any liens,
     encumbrances or security interests, except for this security interest, and
     existing liens disclosed to and accepted by the Bank in writing, and will
     defend the Collateral against all claims and demands of all persons at any
     time claiming any interest in it;
3.   It will keep the Collateral free of liens, encumbrances and other
     security interests, maintain it in good repair, not use it illegally and
     exhibit it to the Bank on demand;
4.   At its own expense, the Debtor will maintain comprehensive casualty
     insurance on the Collateral against such risks, in such amounts, with such
     deductibles and with such companies as may be satisfactory to the Bank,
     and provide the Bank with proof of insurance satisfactory to the Bank.
     Each insurance policy shall contain a lender's loss payable endorsement
     satisfactory to the Bank and a prohibition against cancellation or
     amendment of the policy or removal of the Bank as loss payee without at
     least 30 days prior written notice to the Bank.  In all events, the
     amounts of such insurance coverages shall conform to prudent business
     practices and shall be in such minimum amounts that the Debtor will not be
     deemed a co-insurer.
5.   It will not sell or offer to sell or otherwise transfer the Collateral,
     nor change the location of the Collateral, without the written consent of
     the Bank, except in the ordinary course of business;
6    It will pay promptly when due all taxes and assessments on the
     Collateral, or for its use or operation;
7.   No financing statement covering all or any part of the Collateral or any
     proceeds is on file in any public office, unless the Bank has approved
     that filing, and at the Bank's request the Debtor will execute one or more
     financing statements in form satisfactory to the Bank and will pay the
     cost of filing them in all public offices wherever filing is deemed by 
     the Bank to be desirable;
8.   It will immediately notify the Bank in writing of any name change or any
     change in business organization;
9.   It will provide any information that the Bank may reasonably request, and
     will permit the Bank upon prior notice to inspect and copy its books and
     records during normal business hours.

ACCOUNTS RECEIVABLE: The Debtor acknowledges that if the Collateral includes
"Accounts Receivable" then until the Bank gives notice to the Debtor to the
contrary, the Debtor will, in the usual course of its business and at its own
cost and expense, on the Bank's behalf but not as the Bank's agent, demand and
receive and use its best efforts to collect all moneys due or to become due on
the Accounts Receivable.  Until the Bank gives notice to the Debtor to the
contrary or until the Debtor is in default, it may use the funds collected in
its business.  Upon notice from the Bank or upon default, the Debtor agrees
that all sums of money it receives on account of or in payment or settlement of
the Accounts Receivable shall be held by it as trustee for the Bank without
commingling with any of its funds, and shall immediately be delivered to the
Bank with endorsement to the Bank's order of any check or similar instrument.
It is agreed that, at any time the Bank so elects, it shall be entitled, in its
own name or in the name of the Debtor or otherwise, but at the expense and
cost of the Debtor, to collect, demand, receive, sue for or compromise any and
all Accounts Receivable, and to give good and sufficient releases, to endorse
any checks, drafts or other orders for the payment of money payable to the
Debtor and, in its discretion, to file any claims or take any action or
proceeding which the Bank may deem necessary or advisable.  It is expressly
understood and agreed, however, that the Bank shall not be required or
obligated in any manner to make any demand or to make any inquiry as to the
nature or sufficiency of any payment received by it or to present or file any
claim or take any other action to collect or enforce the payment of any amounts
which may have been assigned to it or to which it may be entitled at any time
or times.  All notices required in this paragraph will be immediately effective
when sent.  Such notices need not be given prior to the Bank taking action.

REPRESENTATIONS BY DEBTOR: Each Debtor represents: (a) that the execution and
delivery of this agreement and the performance of the obligations it imposes do
not violate any law, conflict with any agreement by which it is bound, or
require the consent or approval of any governmental authority or any third
party; (b) that this agreement is a valid and binding agreement, enforceable
according to its terms; and (c) that all balance sheets, profit and loss
statements, and other financial statements furnished to the Bank are accurate
and fairly reflect the financial condition of the organizations and persons to
which they apply on their effective dates, including contingent liabilities of
every type, which financial condition has not changed materially and adversely
since those dates.  Each Debtor, if other than a natural person, further
represents: (a) that it is duly organized, existing and in good standing under
the laws where it is organized; and (b) that the execution and delivery of this
agreement and the performance of the obligations it imposes (i) are within its
powers; (ii) have been duly authorized by all necessary action of its governing
body; and (iii) do not contravene the terms of its articles of incorporation or
organization, its by-laws, or any agreement governing its affairs.

PLEDGE: If the Debtor is not liable for all or any part of the Borrower's
obligations to the Bank (the "Debt"), then it agrees that:
(a)  If any monies become available to the Bank that it can apply to any Debt,
     the Bank may apply them to Debt not secured by this agreement.
(b)  Without notice to or the consent of the Debtor, the Bank may (i) take any
     action it chooses against any Borrower, against any collateral for the
     Debt, or against any other person liable for the Debt; (ii) release any
     Borrower or any other person liable for the Debt, release any collateral
     for the Debt, and neglect to perfect any interest in any such collateral;
     (iii) forbear or agree to forbear from exercising any rights or remedies,
     including any right of setoff, that it has against the Borrower, any
     other person liable for the Debt, or any other collateral for the Debt;
     (iv) extend to any Borrower additional Debt to be secured by this
     agreement; or (v) renew, extend, modify or amend any Debt, and deal with
     any Borrower or any other person liable for the Debt as it chooses.
(c)  None of the Debtor's obligations under this agreement shall be affected
     by (i) any act or omission of the Bank; (ii) the voluntary or involuntary
     liquidation, sale or other disposition of all or substantially all of the
     assets of any Borrower; (iii) any receivership, insolvency, bankruptcy,
     reorganization or other similar proceedings affecting any Borrower or any
     of its assets; or (iv) any change in the composition or structure of any
     Borrower or any Debtor, including a merger or consolidation with any other
     entity.
(d)  The Bank's rights under this section and this agreement are
     unconditional and absolute, regardless of the unenforceability of any
     provision of any agreement between any Borrower and the Bank, or the
     existence of any defense, setoff or counterclaim that any Borrower may be
     able to assert against the Bank.

(e)  It waives all rights of subrogation, contribution, reimbursement,
     indemnity, exoneration, implied contract, recourse to security, and any
     other claim (as that term is defined in the federal Bankruptcy Code, as
     amended from time to time) that it may have or acquire in the future
     against any Borrower, any other person liable for the Debt, or any
     collateral for the Debt, because of the existence of this agreement, the
     Debtor's performance under this agreement, or the Bank's availing itself
     of any rights or remedies under this agreement.

(f)  If any payment to the Bank on any Debt is wholly or partially invalidated,
     set aside, declared fraudulent or required to be repaid to the Borrower or
     anyone representing the Borrower or the Borrower's creditors under any
     bankruptcy or insolvency act or code, under any state or federal law, or
     under common law or equitable principles, then this agreement shall
     remain in full force and effect or be reinstated, as the case may be, until
     payment in full to the Bank of the repaid amounts, and of the Debt.  If
     this agreement must be reinstated, the Debtor agrees to execute and deliver
     to the Bank new agreements and financing statements, if necessary, in form
     and substance acceptable to the Bank, covering the Collateral.

DEFAULT/REMEDIES: If the Debtor or the Borrower fails to pay any of the
Liabilities when due, or if a default by anyone occurs under the terms of any
agreement related to any of the Liabilities, or if the Debtor dies or fails to
observe or perform any term of this agreement, or if any representation or
warranty contained in this agreement is untrue, or if there is a material
change in the financial condition of the Debtor which the Bank in good faith
determines to be materially adverse, then the Bank shall have the rights and
remedies provided by law or this agreement, including but not limited to the
right to require the Debtor to assemble the Collateral and make it available
to the Bank at a place to be designated by the Bank which is reasonably
convenient to both parties, the right to take possession of the Collateral
with or without demand and with or without process of law, and the right to
sell and dispose of it and distribute the proceeds according to law.  In
connection with the right of the Bank to take possession of the Collateral, the
Bank may take possession of any other items of property in or on the Collateral
at the time of taking possession, and hold them for the Debtor without liability
on the part of the Bank.  If there is any statutory requirement for notice,
that requirement shall be met if the Bank sends notice to the Debtor at least
seven (7) days prior to the date of sale, disposition or other event giving
rise to the required notice.  The Debtor shall be liable for any deficiency
remaining after disposition of the Collateral. 

MISCELLANEOUS:
  1. Where the Collateral is located at, used in or attached to a facility
  leased by the Debtor, the Debtor will obtain from the lessor a consent to
  the granting of this security interest and a subordination of the lessor's
  interest in any of the Collateral, in form acceptable to the Bank. 
  2. At its option the Bank may, but shall be under no duty or obligation
  to, discharge taxes, liens, security interests or other encumbrances at any
  time levied or placed on the Collateral, pay for insurance on the Collateral,
  and pay for the maintenance and preservation of the Collateral, and the
  Debtor agrees to reimburse the Bank on demand for any payment made or expense
  incurred by the Bank, with interest at the maximum legal rate. 
  3. No delay on the part of the Bank in the exercise of any right or
  remedy shall operate as a waiver, no single or partial exercise by the Bank
  of any right or remedy shall preclude any other exercise of it or the
  exercise of any other right or remedy, and no waiver or indulgence by the
  Bank of any default shall be effective unless in writing and signed by the
  Bank, nor shall a waiver on one occasion be construed as a waiver of that
  right on any future occasion. 
  4. If any provision of this agreement is invalid, it shall be
  ineffective only to the extent of its invalidity, and the remaining
  provisions shall be valid and effective. 
  5. Except as provided in the Accounts Receivable paragraph above,
  notice from one party to another relating to this agreement shall be deemed
  effective if made in writing (including telecommunications) and delivered to
  the recipient's address, telex number or facsimile number set forth above by
  any of the following means: (a) hand delivery, (b) registered or certified
  mail, postage prepaid, with return receipt requested,  (c) first class or
  express mail, postage prepaid, (d) Federal Express, Purolator Courier or like
  overnight courier service, or (e) facsimile, telex or other wire transmission
  with request for assurance of receipt in a manner typical with respect to
  communications of that type.  Notice made in accordance with this section
  shall be deemed delivered on receipt if delivered by hand or wire
  transmission, on the third business day after mailing if mailed by first
  class, registered or certified mail, or on the next business day after
  mailing or deposit with an overnight courier service if delivered by express
  mail or overnight courier.  
  6. All rights of the Bank shall inure to the benefit of the Bank's
  successors and assigns; and all obligations of the Debtor shall bind the
  Debtor's heirs, executors, administrators, successors and assigns. If there
  is more than one Debtor, their obligations are joint and several. 
  7. A carbon, photographic or other reproduction of this agreement is 
  sufficient and can be filed as a financing statement.  The Bank is 
  irrevocably appointed the Debtor's attorney-in-fact to execute any financing
  statement on the Debtor's behalf covering the Collateral. 
  8. The terms and provisions of this security agreement shall be governed by  
  Michigan law.