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14. SURVEY. BUYER may, at BUYER'S sole cost and expense, obtain a current <br />survey of the Property which survey shall be prepared by a Registered Land Surveyor (the <br />"Survey "), The Survey, in form suitable to BUYER and Title Company shall: <br />a. locate all present and future easements, rights -of -way, wetlands, 100 -year <br />flood plain, building lines, utility lines, roadways and encroachments on or <br />abutting the property. <br />b. contain the certification of the surveyor as to the number of square feet <br />contained in the Property. <br />BUYER shall have ten (10) days from the date of receipt of the Survey to approve same <br />or to notify SELLER of BUYER'S objections to items disclosed therein. Upon the expiration of <br />said ten (10) day period, BUYER shall be deemed to have accept ed all exceptions to Survey, <br />except for matters to which notice under the preceding sentence has been given by BUYER. <br />If BUYER notifies SELLER of any objections to the Survey within the aforesaid ten <br />(10) day period, then and in that event SELLER shall have a period of ten (10) days following <br />receipt of such objections to Survey to cure said objections or notify BUYER in writing of <br />SELLER'S intent not to cure said objections. If the objections are not cured by SELLER within <br />said ten (10) day period, BUYER shall then have the option to do either of the following: <br />a. terminate this Agreement and receive a refund of the Earnest Money, <br />whereupon neither party shall have any rights or obligations to the other <br />under this Agreement and each party shall forthwith execute a written <br />termination of this Agreement; or <br />b. waive the survey objections, take title to the Property subject to any such <br />objections and proceed to Closing in accordance with the terms and <br />provisions of this Agreement. <br />15. DEFAULT. If either party defaults in the performance of any obligation under <br />this Agreement, the non - defaulting party may, after a five (5) day written notice to the defaulting <br />party, suspend performance of its obligations under this Agreement and the rights of the non- <br />defaulting party are as follows: <br />a. BUYER'S Default. If BUYER defaults in the performance of any of the <br />BUYER'S obligations under this Agreement, SELLER shall have the <br />following rights: <br />(i) <br />Except as set forth at (ii) below, if BUYER defaults in the <br />performance of any of BUYER'S obligations under this <br />Agreement, SELLER'S sole and exclusive right shall be to seek a <br />Cancellation of Purchase Agreement. <br />(ii) If BUYER breaches a warranty or representation either before or <br />after closing, SELLER shall have the right to recover direct <br />damages reasonably related to such breach but not incidental or <br />7 <br />