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6. Title Examination. Title Examination will be conducted as follows: (a) Seller's Title Evidence. Seller shall, as soon as reasonably possible after the date of this Agreement, furnish the following (collectively, "Title Evidence ") to Buyer, at Sellers sole cost and expense: (1) Title Insurance Commitment. A commitment ( "Title Commitment ") for an ALTA Form B 1970 Owner's Policy of Tide Insurance insuring title to the Real Property, deleting standard exceptions and including affirmative insurance regarding zoning, contiguity, appurtenant easements and such other matters as may be identified by Buyer, in the amount of the Purchase Price, issued by ( "Title "). The Title Commitment will commit Title to insure title to the Property in the full amount of the Purchase Price. If the Property is abstract property, Seller shall also deliver to Title or Buyer an Abstract of Title to the Real Property certified to a current date to include all appropriate judgment and N bankruptcy searches. d ,Ar i j (2) i Survey. An ALTA/ACSM Urban Land Title Survey ("St ryey ") meeting Minimum Standard Detail Requirements for an Urban Survey (1992) and rifr " eY ' ( J 0 i A including items 1 through 4 and 6 through 12 of Table A of said Minimtan Standard Detail Requirements, or a Registered Land Survey, if applicable, prepared by a surveyor properly licensed to practice in the e 'AP state of Minnesota and reasonably acceptable to Buyer and Buyer's 5 Lender, if any. The Survey shall be delivered to Buyer and Title. (3) UCC Searches. A report of UCC Searches made of the Uniform Commercial Code records of the Secretary of State of Minnesota, made by said Secretary of State, or by search firm acceptable to Buyer, showing no UCC filings regarding any of the Property. (b) Buyer's Objections. Within 20 days after receiving the last of the Title Evidence, Buyer will make written objections ( "Objections ") to the form 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 no 'ect to by Buyer shall be a "Permitted Encumbrance" hereunder. Seller ve 60 days after receipt of the Objections to cure the Objections, during ka" which period the Closing will be postponed as necessary. Seller shall use its best `-`o efforts to correct any Objections. To the extent an Objection can be satisfied by W � the payment of money, Buyer shall have the right to apply a portion of the cash e payable to Seller at the Closing to satisfaction of such Objection and the amount so applied shall reduce the amount of cash payable to Seiler at the Closing. If the Objections are not cured within such 60 day period, Buyer will have the option to do any of the following: 7