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3. Closing. Closing shall be on December 30, 1982, at the <br />offices of Popham, Haik, Schnobrich, Kaufman & Doty, Lt~., 4344 <br />IDS Center, Minneapolis, Minnesota. <br />4 • Possession Date. The City shall be entitled to <br />possession of Property A, an~ to all rents and profits therefrom, <br />as of the date of closing~ <br />5. Obligations of Harding and City as to Title Matters. <br />It is understood and agreed that the title herein required to be <br />furnished to Property A, by Harding shall be marketable of record, <br />free and clear of all claims by others, and that marketability <br />shall be determined as of the date of closing. Harding agrees to <br />record all document~ necessary to ~how of record a marketable <br />1/,J.1: L), .1-· C #Y/4 '.d'::Z (7..) <br />title in ·3elr_r:: ••· · ~t~ t~ <br />Within ten (10) days from the date hereof, Harding shall <br />furnish City an Abstract of Tit1e to the property or a Registered <br />Property Abstract, certified to a current date, both also to <br />include proper current searches covering bankruptcies and State <br />and Federal judgments and liens. City shall be allowed fifteen <br />' (15) days after receipt thereof for examination of said title and <br />the making of any objections thereto, said objections to be made <br />in writing or deemed to be waived, but this provision shall not <br />negate the obligation of Harding to convey Property A by a <br />Warranty Deed, nor negate any warranties given by such deed. If <br />any objections are so made, Harding shall be allowed sixty (60) <br />days to make such title marketable. Harding further agrees to use <br />-2-