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1G/1�i7 Gl'IeIS TJ: J'.7 blG-, Un1-11414 q vnr 1 46 encumbering Seller's larger parcel, and for paying any partial release price required by the 1110.-tgagee(s), on.ee the description of the property has been determined. Seller hereby grants to Buyer and Ws agents and contractors permission for access to the southwesterly portion of Seller's larger parcol for surveying purposes. To the best of the Seller's knowledge there are no hazardous wastes, abandoned wells, or t.mderground storage tanks, except as herein noted. SPECIAL WARRANTIES Seller makes no warranties as to the zoning or condition of the property described in. this Purchase Agreement. Buyer acknowledges that Buyer resides on the lot adjacent to alae property, is faaailiar with the location, condition and zoning of the same and. agrees to purchase the property "as is," except to the extent of any express warranties by Seller contained in this Purchase Agreement. DELMRNIARKETABLB+ 'KITLE, Upon pez-forraance by Buyer, Seller shall deliver a General Warranty Deed joined in by spouse, if any, conveying marketable title, subject only to building and zoning laws, ordinan.cos, and state and federal neRulatrons, and such other, nnatters as shall be acceptable to Buyer. TITLE & EXAMIAATIOM Seller shall, within a reasonable time after acceptance of this Puxornasa Agreement, fusrnislz gra abstract of title, o,: a registered property abstract, certified to date to include proper searches covering bankruptcies, state and. federal,judgments and liens, and levied and pending special assessments. Buyer shall be allowed 10 bwixness days after receipt of abstract for examination of title and raacing any objections which shall be made in writing Or deemed waived. If any objection is so made, Seller shall have 10 business days from receipt of Buyer's written title objections to notify Buyer of Seller's intention to make title mazlCetable within 1.20 days from Seller's receipt of such written objection.. if notice is given, payments hereunder required shall be postponed pending correction of title, but upon. correction of title and within 1.0 days after written notice to Buyer tae parties shall perform this Purchase Agreement accord'zng 'to its tarnas. Tf no such notice is given or if notice is given but title is not corrected within the time provided for, this Purchase Agreement shall be null and void, at the option of Buyer; neither party shall be liable for damages hereunder to the other and earnest money shall be refunded to Buyer; Buyer and Seller agree, to sign a Cancellation of Purchase Agreement. Buyer agrees to accept an owner's title policy in the fall are6not of the purchase price in lieu of an abstract of title if the property is subjeot to a master abstract or if no abstract of title is in Seller's possession or control. 1f Buyer is to receive suelz policy (1) the title examination period shall commence upon Buyer's receipt of a current title insurance commitment and (2) Seller shall pay the entire premium for such policy if no lender's policy is obtained, and only the additional cost of obtaining a simultaneously issued owner's policy if a lender's policy is obtained (Buyer shall pay the premiurn for the lender's policy). REAL ESTATE TAXIS shall be paid as follows: Buyer shall pay all real estate taxes due and payable in the year of closing, prorated as of the Closing date.