With respect to the Property, Seller, at its expense shall (i) obtain a preliminary title report or commitment (as applicable, the “ Preliminary Report ”) from Escrow Agent (referred to herein in such capacity as the “ Title Company ”), together with legible copies of all recorded encumbrances and exceptions to title. Buyer may, at its option and expense, (i) conduct UCC searches covering Seller and the Property (the “ UCC Searches ”) and (ii) order an update to the existing survey of the Real Property or any portion thereof by a licensed surveyor or registered professional engineer (the “ Survey ”).