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<br />. <br /> <br />incurred at the Closing, including, without limitation mortgage recording fees and <br />mortgage registration tax. <br /> <br />J. Sellers and Buyer will each pay its own attorney's fees. <br /> <br />ARTICLE 5 - EXAMINATION <br /> <br />. <br /> <br />TITLE AND EXAMINATION. Sellers shall, within a reasonable time after acceptance <br />of this agreement, :furnish a Title Commitment for an Owner's Title Policy to include <br />proper searches cov~ring bankruptcies, state and federal judgments and liens, and levied <br />and pending special assessments. Buyer shall be allowed ten (10) business days after <br />receipt of Title Commitment for examination of title and making any objections which <br />shall be made in writing or deemed waived. If any objection is so made, Seller shall <br />have ten (10) business days from receipt of Buyer's written title objections to notify <br />Buyer of Seller's intention to make title marketable within 120-days from Seller's <br />receipt of such written objections. If notice is given, payments hereunder required shall <br />be postponed pending correction of title, but upon correction of title and within ten (10) <br />days after written notice to Buyer the parties shall perform this Purchase Agreement <br />according to its terms. If no such notice is given or if notice is given but title is not <br />corrected within the time provided for, this Purchase Agreement shall be null and void, <br />at option of Buyer; neither party shall be liable for damages hereunder to the other and <br />earnest money shall be refunded to Buyer. Buyer and Seller agree to sign Cancellation <br />of Purchase Agreement. Buyer shall pay the entire premium of such policy if no <br />lender's policy is obtained, and only the additional cost of obtaining a simultaneously <br />issued owner's policy if a lender's policy is obtained (Buyer shall pay the premium for <br />the lender's policy). <br /> <br />ARTICLE 6 - TITLE CORRECTIONS AND REMEDIES <br /> <br />Sellers shall have 120-days from receipt of Buyer's written title objections to make title <br />marketable. Upon receipt of Buyer's title objections, Sellers shall, within ten (10) <br />business days, notify Buyer of Sellers' intention to make title marketable within the 120- <br />day period. Liens or encumbrances for liquidated amounts which can be released by the <br />payment or escrow from proceeds of Closing shall not delay the Closing. Cure of the <br />defects by Sellers shall be reasonable, diligent, and prompt. Pending correction of title, <br />all payments required herein and the Closing shall be postponed. <br /> <br />A. If notice is given and Sellers make title marketable, then upon presentation to Buyer <br />of documentation establishing that title has been made marketable, and if not <br />objected to in the same time and manner as the original title objections, the Closing <br />shall take place within ten (10) business days of on the scheduled Closing Date, <br />whichever is later. <br /> <br />. <br /> <br />B. If notice is given and Seller proceeds in good faith to make title marketable but the <br />120-day period expires without title being made marketable, (i) Buyer may declare <br />this Agreement null and void by notice to Seller, neither party shall be liable for <br /> <br />3 <br />