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202208332 <br />in writing. <br />6. Title. Prior to conclusion of this Agreement and <br />within 30 days from the date of the last payment made, Seller <br />agrees to furnish to Buyer a title insurance commitment. Said <br />title insurance commitment shall be issued by a qualified and <br />duly licensed title insurer to Buyer, insuring title of the <br />Buyer to the Premises, subject only to liens, encumbrances, <br />exceptions or qualifications set forth in this Contract, and <br />those which shall be discharged by Seller at or before closing. <br />Within 15 days thereafter, Buyer shall furnish Seller an opinion <br />of Buyer's counsel showing any defects in title which render the <br />title unmarketable. Seller shall thereafter have a reasonable <br />time in which to cure any such defects. If they cannot be cured <br />or are not cured within a reasonable time, Buyer may either <br />waive such defects or rescind this Contract. To be marketable, <br />title must show the Subject Premises to be in the name of the <br />Seller, free and clear of all liens, encumbrances or special <br />taxes levied or assessed or easements. Building and use <br />restrictions which do not interfere with the current use of the <br />Premises, utilities easements not exceeding ten feet in width <br />abutting the boundary lines of the Premises, and covenants of <br />record which do not interfere with the use of the Premises as <br />currently used shall not be considered defects of title. Except <br />as stated herein, if title is not merchantable and written <br />notice of defect is given by the Buyers or the Buyer's agent to <br />the Seller or Seller's agent within a reasonable time, and title <br />is not rendered merchantable within a reasonable time after such <br />written notice, then this agreement may be declared null and <br />void and of no effect, and each party shall be released from all <br />obligations of this agreement. <br />Page 3 <br />