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Seller's covenants shall survive the closing of the transaction and execution and delivery <br />of instruments by the parties. Seller hereby covenants and agrees to indemnify Purchaser with <br />respect to all loss or damage suffered by Purchaser caused or arising due to breach of the <br />warranties of Seller contained in this Purchase Agreement. <br />14. Survey. Purchaser shall be allowed to obtain, at Purchaser's expense, an accurate <br />survey of the Property certified to Purchaser and any lender and/or title company designated by <br />Purchaser as of a current date prepared by a Registered Land Surveyor acceptable to Purchaser <br />showing access, the location of all easements, buildings, improvements and encroachments, <br />utilities and applicable setbacks, together with the legal description. Purchaser shall have the <br />right to make written objections to title based upon said survey within ten (10) days after <br />delivery thereof. Any objection to title based upon survey shall be treated in the same manner as <br />objections to title based upon the Abstract of Title or Registered Property Abstract to be <br />delivered pursuant to this Purchase Agreement. <br />15. Examination of Title. Within fifteen (15) days after the acceptance of this <br />Agreement, Seller shall furnish Purchaser with an Abstract of Title or a Registered Property <br />Abstract certified to date including proper searches covering bankruptcies and State and Federal <br />judgments, liens, and levied and pending special assessments. Purchaser shall have fifteen (15) <br />business days after receipt of a title commitment, secured at Purchaser's own expense other than <br />as set forth in paragraph 9, to provide Seller with a copy of the Commitment and written <br />objections. <br />16. Title Corrections and Remedies. Seller shall have 45 days from receipt of Buyer's <br />written title objections to make title marketable. Upon receipt of Purchaser's title objections, <br />Seller shall, within ten (10) business days, notify Purchaser of Seller's intention to make title <br />marketable within the 45 -day period. Liens or encumbrances for liquidated amounts which can <br />be released by payment or escrow from proceeds of closing shall not delay the closing. Cure of <br />the defects by Seller shall be reasonable, diligent, and prompt. Pending correction of title, all <br />payments required herein and the closing shall be postponed. <br />If notice is given and Seller makes title marketable, then upon presentation to Purchaser <br />and proposed lender of documentation establishing that title has been made marketable, and if <br />not objected to in the same time and manner as the original title objections, the closing shall take <br />place within ten (10) business days or on the scheduled closing date, whichever is later. <br />If notice is given and Seller proceeds in good faith to make title marketable, but the 45- <br />day period expires without title being made marketable, Purchaser may declare this Agreement <br />void by notice to Seller, neither party shall be liable for damages hereunder to the other, and <br />earnest money shall be refunded to Purchaser. <br />If Seller does not give notice of intention to make title marketable, or if notice is given, <br />but the 45 -day period expires without title being made marketable due to Seller's failure to <br />proceed in good faith, Purchaser may seek, as permitted by law, one or more of the following: <br />Page 97 <br />