<?php
if ( ! defined( 'ABSPATH' ) ) {
    exit; // Exit if accessed directly.
}
?>
<div id="post-<?php the_ID(); ?>" <?php post_class(); ?>>
    <h2 class="page-title"><a href="<?php esc_url(the_permalink()) ?>" rel="bookmark"><?php the_title(); ?></a></h2>
    <div class="entry clearfix">
        <?php the_excerpt(); ?>
        <a href="<?php esc_url(the_permalink()) ?>" class="more-link">
            <?php $theme_options = pmthemes_theme_options();
            echo $theme_options['excerpt_text']; ?></a>
    </div>
</div>