(810 ILCS 5/9-603)
Agreement on standards concerning rights and duties.
(a) Agreed standards. The parties may determine by agreement
the standards measuring the fulfillment of the rights of a debtor or obligor
duties of a secured party under a rule stated in Section 9-602 if the standards
not manifestly unreasonable.
(b) Agreed standards inapplicable to breach of peace.
Subsection (a) does not apply to the duty under Section 9-609 to refrain from
breaching the peace.
(Source: P.A. 91-893, eff. 7-1-01.)