Extract to table

Objectionable Title Exceptions Based upon our review of the Title Commitment and the Survey, Buyer hereby objects to the following matters, each of which constitutes an objectionable title exception that must be cured, removed, or otherwise resolved by Seller at or prior to the closing of the transaction contemplated by the PSA: 3

The ALTA Owner's Policy and the ALTA Loan Policy must each be issued free and clear of this exception, without qualification, limitation, or exclusion

Any such endorsement must also be acceptable to Meridian Coast Bank, N

In the event any new exceptions, defects, liens, encumbrances, or other matters affecting title to the Property arise or are first disclosed after the date of this letter, Buyer shall have the right to deliver supplemental written objections to Seller, and Seller shall have a reasonable period, as provided in the PSA, to cure such additional objections

Nothing in this letter shall be construed to limit or waive Buyer's right to raise such supplemental objections

These matters shall not constitute title objections, and Buyer does not require that Seller cure or remove these exceptions as a condition of closing