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by law; and /or (b) Demand a portion of the purchase price, which is sufficient to cure the title objections, be deposited into an escrow account and held until the title objections are cured; and/or (c) Undertake proceedings to correct the objections to title; (2) Rescission of this Purchase Agreement by notice as provided herein, in which case the Purchase Agreement shall be void and all earnest money paid hereunder shall be refunded to Buyer; (3) Damages from Seller together with costs and reasonable attorneys' fees, as permitted bylaw; (4) Specific performance within six months after such right of action arises. c. If title is marketable, or is made marketable as provided herein, and Seller defaults in any of the agreements herein, Buyer may, as permitted by law: (1) Seek damages from Seller including costs and reasonable attorneys' fees; and /or (2) Seek specific performance within six months after such right of action arises. TIME IS OF THE ESSENCE FOR ALL PROVISIONS OF THIS AGREEMENT. 15. Notice. Any notice required or permitted by this Purchase Agreement or the purchase money mortgage shall be considered to have been given and received if personally delivered to the parties or their agents personally or deposited in the United States mail postage prepaid by certified or registered mail addressed to the parties at the following addresses: Seller: Purchaser: Market Place Development, LLC Attn: Mark A. Hotzler 6440 Flying Cloud Drive Suite 203 Eden Praire, MN 55344 City of Little Canada Attn: City Administrator 515 Little Canada Road East Little Canada, MN 55117 16. Indemnification. Seller agrees to indemnify and hold Buyer, its successors and assigns, harmless of and from any and all liabilities, claims, causes of action, penalties, demands and expenses of any kind or nature whatsoever (except those items which by this Agreement specifically become the obligation of Buyer) arising out of, resulting from, relating to, or incident to the property up to and including the date of closing or which are in any way related to the ownership, maintenance or operation of the property, and all expenses related thereof, including, without limitation, court costs and attorney's fees, except to the extent cause by an act or omission of Buyer, its agents, employees or contractors. Buyer agrees to indemnify and hold Seller, its successors and assigns, harmless of -4-