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the Title Commitment and/or to any items shown on the Survey. Any matter shown in the Certificate of Title, Title Commitment or on the Survey not objected to by the Buyer within said 30 day period Contingency Date shall be a"Permitted Encumbrance." If Buyer delivers to Seller any Objections, Seller will use Seller's best efforts to cure or satisfy the Objections on or before the Closing Date. If the Objections are not cured on or before the Closing Date, the Buyer will have the option to do the following: i. Terminate this Agreement and receive a full refund of the Earnest Money (together with any interest accruing thereon); or ii. Waive the Objections and proceed to Closing. 7. Operation Prior to Closing. During the period from the date of Seller's acceptance of this Agreement to the earlier of the date of actual Closing or termination of the Agreement (the "Executory Period"), the Seller shall execute no contracts, easements, leases or other agreements regarding the Property without the prior written consent of Buyer. Seller will give Buyer written notice of any citation or other notice or communication which Seller receives subsequent to the date the Seller signs this Agreement, from any governmental authority or agency concerning any alleged violation of any law, ordinance, code, rule, regulation or order regulating the Property of the use thereof. The Seller shall not take any action, or cause to be recorded against the Property, any documents which change the condition of title to the Property from that shown in the Title Commitment without the prior written consent of the Buyer. 8. Re�resentations and Warranties bv Seller. The Seller represents and warrants to Buyer as follows (which representations and warranties shall be true and correct as of the date the Seller signs this Agreement and as of the date of actual Closing): A. Seller Authoritv. Seller has the requisite power and authority to enter into, perform and execute this Agreement and the Seller's Closing Documents. B. Unrecorded Document�. To the best of Seller's knowledge there are no unrecorded leases, contracts, easements, agreements or other documents affecting the Property. C. Hazardous Substances. Except as otherwise disclosed in Section 20 below, there are, to the best of Seller's actual knowledge, no Hazardous Substances (as defined in Minn. Stat. § 115B.02), asbestos, urea formaldehyde, polychlorinated biphenyls, radon gas or petroleum products (including gasoline, fuel oil, crude oil and various constituents of such products) which exist on, have been placed or stored on, or have been released from, the Property by any person in violation of any law. For purposes of this Section, "seller's actual knowledge" shall refer to the actual knowledge of John Ward 5