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easements and such other matters as may be identified by Buyer, in the amount of the Purchase Price, issued by a title insurance company of Buyer's choice ("Title "). The Title C onunth ent will commit Title to insure title. to the Property subject oniv to the Permitted Encum7-ances. If the Property is abstract property, Seller shall also deliver to Tine or Buyer an Abstract of Title to the Real Property certified to a current date to include all appropriate judgment and banhzpicv searches, (2j Sur e-v. A survey prepared by a registered land surveyor licensed to practice in the state where the Peal Property is located shoveng the Real Property and location of all buildings and easements thereon and such other information and containing such matters as set forth in Ethibit E attached hereto and made a part hereof. (3) UCC Searches. A report of UCC Searches made of the Uniform Commercial Code records of the Secretary of State of Minnesota, showing no UCC filings regarding any of the Property. (b) fluver'.s Ohieotions, Within 15 days after receiving the last of the Title Evidence. Buyer will make written objections ( "Objections') to the force and/or contents of the Title Evidence. Buyer's failure to make Objections within such time period will constitute waiver of Objections, Any matter shown on such Title Evidence and not objected to by Buyer shall be a "Permitted Encumbrance" hereunder. Seller will have 6C days after receipt of the Objections to cure the Objections, during which period the Closing will be postponed as necessary. Seller shall use its best efforts to correct any Objections. To the extent an Objection can be satisfied by the payment of money, Buyer shall have the right to apply a portion of the cash payable to Seller at the Closing to satisfaction of such Objection and the amount so applied shall reduce the amount of cash payable to Seller at the Closing. If the Objections are not cured within such 60 day period, Buyer will haw the option to do any of the following: (1) Terminate this Agreement and receive a refund of the Earnest Money and the interest accrued and unpaid on the Earnest Money, if any, (2) Withhold from the Purchase Price an amount which., in the reasonable judgment of Title, is sufficient to assure cure of the Objections. Any amount so withheld will be placed in escrow with Title, pending such cure. If Seller does not cure such Objection within ninety (90) days after such escrow is established, Buyer may then cure such Objections and charge the costs of such cure (including reasonable attomey's fees) • a sing the escrowed amount. If such escrow is established, the parties agree to execute and deliver such documents as may be reasonably required by Title, and Seller agrees to pay the charges of Title to create and administer the escrow, •