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Corner of Loo 286 and H 82 West Commerciai Contrad - Unimproved Property Concerning 6. TITLE POLICY AND SURVEY: A. Title PoiP,!: (1) Seller, at Seller's expense, will furnish Buyer an Owner's Policy of Title Insurance (~tltieiclompany) ISSUed by Stone Title Com an in the amount of the sales price, dated at or after closing, insuring Buyer against loss under the title policy, subject only to: roved b Bu er in writing; and (a) those title exceptions permitted by this contract or as may be app Y Y (b) the standard printed exceptions contained in the promulgated form of title policy unless this contract provides othenrvise. (2) The standard printed exception as to discrepancies, ove~ment .in area and boundary lines, or any encroachments or protrusions, or a y overlaPpin * (a) will not be amended or deleted from the title policy. ❑(b) will be amended to read "shortages in areas" at the expense of ❑ Buyer ❑ Seller. (3) Buyer may object to any restrictive covenants on the Property within the time required under Paragraph 6C. (4) Within 14 days after the effective des ecordedfdocumg t eev denc ng titletexfor ce~ptionsuSellee (the commitment) including legible cop eS o authorizes the title company to deliver the commitment and related documents to Buyer at Buyer's , address. da s after the effective date: B. Surve : Within Y a survey of the Property at Buyer's expense and deliver a copy of the survey fo ❑(1) Buyer will obtain. Seller. The survey must be made in accordance with the Texas Society of Professional Suroeyors' standards for a Category 1A survey under the appropriate condition. after ❑(2) Seller, at Seller's expense, will fumish Buyer i{~ the TexasrSoci~ety of Profess onaleSurveyors' The survey must be made in accordance standards for a Category 1A survey under the appropriate condition. W.(3) Seller will deliver to Buyer and the title i mpany 8 true analong w'th an affidav tlrequ re'dtbythe title of the Property dated Janu~rv Seller, at company for approval of the su NeIf e to the t tle pcomlpanytanditdeli err theyacceptable Seller's expense, will obtain a suY acceptbl survey to the Buyer and the title company Within 15 days after Seller receives notice that the w thin the time e ed ed daily up to existing survey is not acceptable to the titlept b e closingidate 15 days if necessary for Seller to deliver an acep C. Bu ~er's Obiections to the Commitment and Surve : ments Within 5 days after Buyer receives the commitment, copn W tlnhe docu matters d sc osed in ~1> thE title exceptions, and any required survey, Buyer may object i 9 to thosE items if: (a) the matters disclosed constitu~ill satiseCing obBuyer willtassu eeat closing; o permitted by this contract or liens that Seller fY at clos (b) the items show that any part of the Property lie~ies specialdeemedflood receive the survey or zone as defined by FEMA). If Paragraph 6B(1) app , BuYer the earlier of: (i) the date of Buyer's actual receipt of the survey; or (ii) of the ;deadline specified ir Paragraph 6B. (TAR-1802) 10-18-05 Initialed for ldentification by BuyeAk, ` and Seller/Ol Page 3 of 1: Produced with ZipFortn(g) by zipLogix 18070 Fifteen Mile Road, Fraser, Michigan 48026 www.zipLoqix.com Montgomery - i - 0O(1079