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HomeMy WebLinkAbout96-04362 .. ,. I (\ I.\i STIPULATION AGAINST LIENS DOMMllLS HOTlll, INC, 'rIA YOUR PLACE llnd ) III the Court of Common Pleas THOMAS R. DOMMI!L &. I!LAINI! L. DOMMEL, ) Coullty of Cumberlnnd, Pennsylvania Owner ) ) OLYMPIC ImAlTY &. DI!VELOPMcNT CORP" ) a New York corporation, Developer ) '1 '" '7' f ' , .. ", I ) ,~ 5, ~ ~ HOME DEI)OT USA, INC" ) i b ,'1 a Mllryland corporation, 'renanIlDevelop.!r ) ,.( I J;. .. ~ ) :,'., VERSUS ) ,/ ;,1 ) I ( IlD - ,+'b~ ~) ! PERRY CONSTRUCTION GROUP, INC, ) 11\\..0 " a Pennsylvania Corporation, Contractor ) Number Term 1996 I"., WHEREAS,OOMMELS HOTEL, INC. T/A '{OUR PLACE and THOMAS R, DOMMEL , ELAINE L, IJOMMEL ("DOMMEL" or IOItNER") Is Ih~ own~r Ilf prullCrty lo~ul~d ul 6052 ulld 6054 Curllll~ Pike, lIulllpd~1I Township, CUlllberlulI.! Coullly, P~nllsylvulllu (Ih~ "P'lIlllll~IProp~rtY")i WIIEI~EAS, OLYMPIC REALTY & DEVELOPMENT, INC" ("OLYMPIC"llr "P~vclllper") Illhe equlluhle llwner oflhe Cuplt'J) Pllldu~1I1'1ll1>>erty Ill~uled udJu~enl IL) the OllllllllellllllllCrty: WIIEREAS, OLYMPIC ulld/llr Its SU~\!mlln Inlend 10 er",,1 ulld c<)IIslru\!1 u hulldlny olllhe Cupltol Produ~11 PIllI>>erty knllwn us Ihe lIulIIl><len ClllllmOIlSj WIIEREAS, In llrder 10 \!omplete Ihe lIumpdell COIIIIII<)111 Illlprovelllellll, It II ullO n""euury Iu ereet und ~unslruct certuln hnprovemenll lu Ihe Dunllncl Property (Ihe Ille IlIIprovelllenls 10 the lIulllpden Cllllllllunl proJed ulld the DfJllllllel Pruperty belny \!olle.:lIvely referred lu herein IlIlhe "Slle Irllprovelllenls")i WIIEREAS, luld Slle IlIIprovelllenls wllll>>e Illude hy PERRY CONSTRUCTION GROUP, INC. ("ConlrllCtur") which Is uhuUI lu eX""Ule cunlelllpurune.Jusly herewith, u ~onll1lcl, wllh 1I0ME DEPOT U,S,A" INC, u Murylund Corporullollund u Tenullt In Ihe 1I.lIIpdell CUllllllons pruJ""I, Ii" Ihe erecllun uf u hulldlnK und cUlIlplellun uf Slle IlIlpruvements 10 Ihe IlulIIll<l~n CUlIllllons proJ""I, which SI'e Ill1provelll~nls wllllndude IlIIpruwll1enlslu th~ Olllllll1el Plllperty us fllllows: Ih~ \!unstruc\lon Hn.! puvlny of U Iwenly-liJur fuul wide drlv~way, NOW, _iJHUL-L,__, 1996, ullh~ time ofllnd Immedlulely before Ih~ exc<:ullon ufth~ prln\!lpul conlra\!t, und IlCfore uny uutJi'orlty hns ~en ylven hy Ihe sllhJ Owner In Ihe Nul.! Coni rile lor h) \!omlllenc~ work <Ill Ih~ .lIld Site llIlprovemenls or pun:hw;~ muterials for Ihe .ume In cOl1llderutlnn of Ihe muklnK o"lh~ sold conlra\!t with COnlra\!tor and Ihe turther \!onll.!el1lllun uf one dollur 10 C"nlrU\!IOr, pllhJ hy Owner, Developer, Hnd Tenanl, It II ullreed Ihut nullen .hull be flIoo ayalnsl the lund und Ihe hulldlny hy th~ Conlraclor, or uny suh.conlruclor, nur hy IIny of Ih~ l1lut~rlulmen or workmen or Hny olhel' person fur any lullllr, or ll1uterluls purchased, or eXlr. luhor ur malerlullpurchused for the erecllon of sold hUlldlnK ulld the cunslruetlun and Inslallallon of Ihe Site Illlpruv~l1l~nls, Ih~ rlKht hI flI~ Nuch lIenl belny exprenly wulved, This Sllpulullun Allulnst LI~l1s lIIay eonluln l1lulllpl~ NIKn"IUr~ pUlles,