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all reasonable efforts and to expend such sums as may be <br />reasonably necessary to make said title marketatle in the event a <br />defect is disclosed. Pending correction of title, the City <br />Obligations hereunder required and the date of closing shall be <br />postponed, but upon correction of title and within ten (10) days <br />after written notice, City shall perform this agreement according <br />to its terms. <br />If said title is not made marketable within said sixty (60) <br />day period, the City, at its option, may: <br />a) Declare this agreement null and void; or <br />b) Accept said title, delay performing the City's <br />Obligations, and with the money saved by the City from <br />not performing the City's Obligations, apply such funds <br />to the cost of correction of the title objections, <br />including but not being limited to reasonable <br />attorney's fees; or <br />c) Enforce the specific performance of this contract by <br />Harding; or · <br />If the title to Property A be found marketable or if said <br />title is made marketable within said sixty (60) day period and the <br />City defaults in its obligations hereunder and continues in <br />default for a period of ten (10) d~ys after it receives written <br />notice from Harding stating the nature of the default, then <br />Harding may: <br />d) Terminate this agreement in the same manner as a <br />contract for deed is terminated, except for the payment <br />of a mortgage registration tax if no such payment is <br />required by statute; if City makes good such default, <br />City shall pay such costs as are assessed against City <br />in M.S.A. §559.21; and if City does not make good such <br />-3-