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9b. Attachment C <br />environmental investigationof the Property conducted pursuant tothis <br />Agreement are satisfactory totheBuyer; and <br />c.Approval of this Agreement by the Buyer’s Board. <br />The Buyer shall have until the Closing Date to remove the foregoing contingencies. The <br />contingencies at a.andb.are solely for the benefit of the Buyer and may be waived bytheBuyer. <br />The contingency at c. may not be waived by either party. IftheBuyer or its attorney gives written <br />notice totheSeller that the contingencies at a., b. and c. areduly satisfied or waived,theBuyerand <br />the Seller shall proceed to close the transaction as contemplated herein. <br />If one or more of the Buyer’s or the Seller’s contingencies is not satisfied, or is not satisfied on time, <br />and is not waived, this Agreement shall thereupon be void at the written option of the Buyer and the <br />Seller shall return the Earnest Money totheBuyer, andtheBuyer andtheSeller shall execute and <br />deliver to each other a termination of this Agreement. As a contingent Agreement, the termination <br />of this Agreement is not required pursuant to Minnesota Statutes, Section 559.21, et. seq. <br />Title Examination/Curing Title Defects. <br />4.As soon as reasonably possible after <br />execution of this Agreement by both parties, <br />(a)The Sellershall surrender any abstract of title and a copy of any owner’s title <br />insurance policy for the property, if in the Seller’spossession or control, to the Buyeror to the <br />Buyer’sdesignated title service provider; and <br />(b)The Buyershall obtain the title evidence determined necessary or desirable by the <br />Buyer. <br />The Buyershall have 20 days from the date it receives such title evidenceand a fully <br />executed Purchase Agreementto raise any objections to title it may have. Objections not made <br />within such time will be deemed waived. The Sellershall have 90 days from the date of such <br />objection to affect a cure; provided, however, that the Sellershall have no obligation to cure any <br />objections, and may inform the Buyerof such. The Buyermay then elect to close notwithstanding <br />the uncured objections or declare this Agreement null and void, and the parties will thereby be <br />released from any further obligation hereunder. <br />Environmental Investigation. <br />5.The Seller warrants that the Property has not been <br />used for production, storage, deposit or disposal of any toxic or hazardous waste or substance, <br />petroleum product or asbestos product during the period of time the Sellerhas owned the Property. <br />The Seller further warrants that the Sellerhas no knowledge or information of any fact which <br />would indicate the Property was used for production, storage, deposit or disposal of any toxic or <br />hazardous waste or substance, petroleum product or asbestos product prior to the date the Seller <br />purchased the Property. Notwithstanding the above, the Seller’s warranty regarding petroleum <br />products does not preclude the presence of heating oil or other similar products usedas a heating <br />fuel for the dwelling but the Sellerdoes warrant that if there was a fuel tank on the Property used <br />for the storage of heating oil or other similar product, the Sellerhas no knowledge of any leak in <br />the tank or contamination caused thereby. <br /> <br />