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r.nmmerciai Contract - Unimproved Property Concerning Corner of Loo 286 and H 82 West (2) seller may, but is not obligated to, cure Buyer's timely objections within 15 days after Seller receives the objections. The closing date will be extended as necessary to provide such time to cure the objections. If Seller fails to cure the objections by the time required, Buyer -may terminate this cure contract by pS ~fdB 9 e hteeminates, the eamesithmoney, less any ndependent c ns dleeat onsunder the objection y Paragraph 76(1), will be refunded to Buyer. , (3) Buyer's failure to timel.y object or terminate under this Paragraph 6C is a waiver of Buyer's right to object except that Buyer will not waive the requirements in Schedule.C of the commitment. 7. PROPERTY CONDITION: A. Present Condition: Buyer accepts the Property in its present condition except that Seller, at Seller's expense, will complete the following before closing: ' Ys after the B. Feasibilitv Period: Buyer may terminate this contract for any reason within 60 da effective date (feasibility period) by providing Seller written notice of termination. (Check only one box.) W(1) If Buyer terminates under this Paragraph 76, the earnest money will be refunded to Buyer less $ 100.00 that Seller will retain as independent consideration for Buyer's unrestricted right to terminate. Buyer has tendered the independent consideration to Seller upon payment of the amount specified in Paragraph 5A to the escrow agent. The independent consideration is to be credited to the sales price only upon closing of the sale. If no dollar amount is stated in this paraaraoh 713(1) or if Buyer fails to timelv deposit the eamest monev Buver will not have_the riqht to as ❑(2) Not later than 3 days after the effective date, Buyer must pay Seller $ independent consideration for Buyer's right to terminate by tendering such amount to Seller or Seller's agent. If Buyer terminates under this Paragraph 76, the earnest money will be refunded to Buyer and Seller will retain the independent consideration. The independent consideration will be credited to the sales price only upon closing Lof the sale~ If +no tlol a ~ a on uBuverSwill notnhavle C. Inspections Studies, or Assessments: (1) During the feasibility period, Buyer, at Buyer's expense, moY~ mpncludincallS mpro ementsl and any and all inspections, studies, or assessments of the Pr pey( 9 fixtures) desired by Buyer. (2) Buyer must: (a) employ only trained and qualified inspectors and assessors; (b) notify Seller, tn advance, of when the inspectors or assessors will be on the Property; (c) abide by any reasonable entry rules or requirements of Seller; (d) not interfere with existing operations or occupants of the Property; and (e) restore th ts P~aP Buysl oal cucondition ses to bei c mpleteddue . to inspections, assessmen Buyer complte studies, or ll ' ents Buyer (3) Except for those matters that arise from the negligence of Seller or Seers ag, is responsible for any claim, liability, encumbrance, cause of action; and expense resulting from Page 4 of 12 "'and Seller00 dD (fAR-1802) 10-18-05 Initialed for ldentification by Buyer.~, Montgomery - M Produced with ZipFortnV by zipLogix 18070 Fifteen Mile Road, fraser, Michlgan 48026 www zipLoaix.com ~ 00l!l!OD