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registered in Minnesota and--approve �, ', g and ertiijitt Fid boundary lines; (ii) legal description; (iii) lee:' jaeen4H-eadways-arid au-y-lrn3-i4-atieu-ef-aeeess (including-Feemiding information related therete) location-of all u4ilities--lecated on or adjacent-to the Property; (v)-leea4e+ref-a{3d reeerding int matieu-refatiin 4e-al}-easements; (Ni) arca of tah erty-len--the nearest 1/100Otl1-e-f=m-acre and the arca f the-Pnmertifitio4he nearest 1/1-000411-e{' an acre, net of any roadway easeme-sem; - •' .14- 4 -ible-encreaehnicuni-sj (viii) all set-back lines; (-ix--all matters re-feint-el-to-en the title-eeomunitnnent that ean--reasonably-be shown-on-such-stuvey, and (x-)-suc-ln other-ALTAnitrimum standard dc all-Teaser r . flume shall-bc in-a-fon33-astable-te Buyer and-floc Title, Company, c. Buyer's Objections. Within twenty (20) days after receiving the Title Commitment and the Survey, Buyer will make in writing, any objections ("Objections") to any matters disclosed in the Title Commitment or the Survey that are not acceptable to Buyer. Buyer's failure to make Objections within such time period will constitute a waiver of Objections. Any matter shown on such Title Commitment or the Survey and not objected to by Buyer shall be a "Permitted Encumbrance" hereunder. Seller will have sixty (60) days after receipt of the Objections to cure the Objections, during which period the Closing will be postponed as necessary. Seller shall use its best efforts to correct any Objections, provided Seller shall he obligated to correct or remove, on or before the Closing Date, any Objections based upon monetary liens that may be satisfied by the payment of money ("Monetary Liens"). If the Objections that are not Monetary Liens are not cured within such sixty (60) day period, Buyer will have the option to do any of the following: i) Terminate this Agreement and receive a refund of the Earnest Money. ii) Waive the Objections and proceed to close. If Buyer fails to terminate this Agreement by written notice to Seller within fifteen (15) days of Seller's failure to cure any Objections during such sixty (60) day period, Buyer shall be conclusively deemed to have waived such Objections and shall proceed to close. d. Title Policy. At closing, Buyer will receive a Proforma Title Insurance Policy ("Title Policy") issued by the Title Company pursuant to the Commitment, or a suitably marked -up Commitment initialed by the Title Company undertaking to issue such a Title Policy in the form required by the Commitment as approved by Buyer. 7. Representations and Warranties by Seller. Seller represents and warrants to Buyer as follows: 7 Davis Real Estate/City of Little Canada