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f <br /> 14193 @9.2g 1 P.06 <br /> dcliviered to Sellar during Dasa F?tisgencx Parsed. Sella shalt.lave ten {10}calendar days <br /> following receipt of Purchaser's written "Objection to elect not to care the objccti n or to <br /> commence to cure the*e+cdon. If Seller;elects not to mire the abjection during the text(10 <br /> day period or is unable the rescuer to complete the cure of an objection, Seller scull so 00* <br /> Purc=haser in writing. Within seven (7) 'cilendar days of the,dicta of Seller's ttottficatiata <br /> Purchaser shall elect wither to waive its Aection or to terminate this Apeesstont, tlpwt <br /> tersttination soli funds and documenu,except Awds constituting Purchaser's share of expenses as <br /> shall then be due,shad be returned by the Closing Agent to to- 1etty Or pastes depositing the <br /> f Au with Closing;Agent,slam neither party shall have any liability car obligation tea the other,. <br /> shall Purchaser have any right of action concerning either title so of Pus+ession of tie <br /> Ph tVO ty provided,however, dict any and 4 s peen enu of-indell,ttity I.ih6 r to said harmilels <br /> eontairt+ed <br /> in.dais Agrornent shall survive such WTuinatism. <br /> tb Ira;bre have stat event that semi ladotfil of this�l tatt <br /> greerrac—rred> <br /> tlse:eacpixadrut of the biligam Periodel as extended,a.nesxaaary,by busy atritsrtd waiver <br /> parsods provldt4 its Section a(a)of Dart ll*;}the Earnestl�taney cleat!be t�elbaaed to,Salute these!. <br /> Purthaser`a obligation to purchases;the Prooeny on or before the Clossn vane s<IMal1 me me: <br /> -unconditional except for Seller's duty to d4Mv:r title w erul posaeasi�oat,esf;the Property its.`the: <br /> condition whits.Purchaser has approved dor is deemed to have approved. Notwitlnttanding; <br /> Anything;to the Contrary Melamed within this Agt+eerrtent, hawavaec, Seliet'a ssbllgulon ft.St l <br /> the Property is expressly subject to and +coWngent upon_tinct t ming ley.Putrhases af.ttlt of its: <br /> obligations hereunder. <br /> $1004 4, tM11MInary JhJS Report. <br /> ta) Prior to or`concurnnt with Purchaser's execution of this Agreement Purchaser <br /> has Meived and rnriews&a Preliminary Tulse Report(the I=.)caverusg the ProPerty,setting <br /> forth the status of the title of the Property ad showing all 'liens, ckims, encumbrances, <br /> Casements. rights-of-way,enrtoat t}menu, reservations, restricticnts and any outer matters of <br /> r=*rd affecting the Property. Seller, in its,;sole discretion may require Purchaser to obtain a <br /> survey at Purchaser's sole cost fulfilling the Survey Requirements.if any. <br /> tb) The ale of the Pmpertc is contingent upon Seller having the ability to transfer <br /> marketable fee title subject to the smatters set forth in the PTR(including,withM limited=-.all <br /> secures set forth in the exceptions schedule of the PTR, the resolution of which Is not rqui ed <br /> (i)to establish the cosrdat identity or authority of Seller or(ii)as a condition to the issuance of <br /> a title policy),all of which shall be included within the term `Permitted E WO as used,. <br /> herein. <br /> .I <br /> {c} Purchaser hereby accepts thi mattm set forth its the exceptions schedule of the <br /> Pitt, ( pt ext tarns in+(b)of Part i1 above)as Permitted Exceptions. <br /> (d) Exceptions to title first appe~uing of record after the date of the PTA ("fia. <br /> ')shall also constitute Perrnlned Except on$ unless Purcl aser ressomtbly objects to <br /> such New Exceptions within five(S)days after receipt of notice of any suds New Estsxption. <br /> It the Purchaser fails to notify the Seiler in;welting of cutest objectives within the Eve(S)defy` <br /> period,any objection will be deemed to havie bean waived, If Purchaser reasonably objects to <br /> any New Exopption, Sellae nary exercise reasonable ecru to cure such objectiost psiw ro <br /> Closing or may provide Purchaser an andcuanruent to the:Title Policy, at Seller's expense, <br /> insurins against such New Exception. pbjecsicrta m N Exceptions shall :bo domed <br /> unreal noble if the New Exception.does sim iubsaentitttly or adversely affect title ase the Property <br /> or die%rehaser's proposed operation.use or development of the Property. if S.fltUse is tsttiebl+e. <br /> CIT isnwillstt er t:ure or provide insurance over any New Exception to w*k Ptsrulta:a <br /> reasonably objects,Purchaser shall release all cisims and interest in the Propertys and`Pur+chaser° <br /> soul Seller shalt each be released of W Blether li&bility h=vundtx, exoiept far frchaser's <br /> obligrAions'under Section 14 of Part tl of this Agreement. <br /> a <br /> Sectloa s. R60CMnlatlon±and Warm ties, Maelgirn ry WA ver of C alms. <br /> t <br /> (a). Purchaser represents and wee* u to Seiler as follows: <br /> l <br /> 7 <br />