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(A) If notice is given and Seller remedies the objections, then upon <br /> presentation to Buyer and proposed lender of documentation of <br /> resolution, and if not objected to in the same time and manner as <br /> the original title objections, the closing shall take place on the <br /> mutually agreed to scheduled closing date. <br /> (B) If notice is given and Seller proceeds in good faith to remedy the <br /> issues but the 120-day period expires without the exceptions being <br /> addressed, Buyer may declare this Agreement null and void by <br /> notice to Seller; neither party shall be liable for damages hereunder <br /> to the other and earnest money shall be refunded to Buyer. If <br /> Seller proceeded in good faith, Buyer shall not be entitled to both <br /> proceed to closing and to require Seller to resolve the objections or <br /> to seek damages from Seller. <br /> If Seller does not give notice of intention to resolve the objections, or if notice is <br /> given but the 120-day period expires without resolving the objections due to <br /> Seller's failure to proceed in good faith, Buyer may proceed to closing without <br /> waiver or merger in the deed of the objections to title and without waiver of any <br /> remedies, and may require the Seller to complete the remedy of the objection or <br /> the Buyer may rescind this Purchase Agreement by notice as provided herein, <br /> in which case the Purchase Agreement shall be null and void and all earnest <br /> money paid hereunder shall be refunded to Buyer. <br /> (C) If the objections are not resolved as provided herein and Buyer <br /> defaults in any of the agreements herein, Seller's sole and <br /> exclusive remedy is to cancel this Purchase Agreement as provided <br /> by law and retained all earnest money as liquidated damages. <br /> Seller waives any and all other claims and causes of action against <br /> Buyer. <br /> If title objections are resolved and Seller defaults in any of <br /> the agreements herein, Buyer shall be returned the earnest <br /> money as its sole remedy. <br /> 14. NOTICES. All notices required herein shall be in writing and delivered <br /> personally or mailed to the address as shown above and if mailed, are effective <br /> as of the date of mailing. <br /> 15. SUBDIVISON OF LAND. If this sale constitutes or requires a subdivision <br /> or combination of land by Buyer, Buyer shall pay all subdivision/platting or <br /> combination expenses and obtain all necessary governmental approvals. Seller <br /> warrants that the legal description of the real property to be conveyed has been <br /> provided to the Seller for confirmation and verification. The Buyer is seeking to <br /> assemble lands and agrees that it will pay all costs associated with the <br />