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such default. 6. Title Examination. Title Examination will be conducted as follows: (a) Seller's Title Evidence. Seller shall within fifteen (15) days after the date of this Agreement, furnish the following (collectively the "Title Evidence ") to Buyer: (1) Title Evidence. If the Real Property is abstract property, Seller shall deliver to Title or Buyer an Abstract of Title to the Real Property certified to a current date to include all appropriate judgment and bankruptcy searches. If the Real Property is registered property, Seller shall deliver to Title or Buyer a Registered Property Abstract to the Real Property certified to a current date to include all appropriate judgment and bankruptcy searches. In lieu of an Abstract or a Registered Property Abstract Seller may, at its cost, provide a Commitment for an ALTA Owner's Policy of Title Insurance insuring title to the Real Property, deleting standard exceptions and including affirmative insurance regarding zoning, appurtenant easements, and such other matters as may be identified by Buyer, in the amount of the Purchase Price. (b) Buyer's Objections. Within fifteen (15) 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, or at Buyer's expense to make application for an ALTA Owner's Title Insurance Policy. Buyer shall have fifteen (15) days after receipt of its Commitment for Title Insurance to provide Seller with a copy of the Commitment and Buyer's Objections. Buyer's failure to make Objections within such time period will constitute a 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 thirty (30) days after receipt of the Objections to cure the Objections, during which period the Closing Date will 8 - 12 -