HomeMy WebLinkAbout07-0559
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67-sS'9 (Y}L.O '-rE~
STIPULATION AGAINST LIENS
THIS AGREEMENT made the I)/p day of January, 2007, between Strickland
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Brothers Construction, LLC (Builder), of623 Creek Road, Carlisle, Cumberland County,
Pennsylvania, a limited liability company organized and existing under the laws of the
Commonwealth of Pennsylvania, hereinafter referred to as Contractor, and Farmers & Merchants
Trust Company of Chambersburg (Lender) of Chambersburg, Pennsylvania.
WHEREAS, Lender has loaned money and holds a first priority security interest in a certain
lot of ground known as Lot # 22 Bell Aire Avenue of the Hill Top Manor Subdivision situate in
Cumberland County, Pennsylvania, more particularly described in the Final Subdivision Plan for
Hill Top Manor dated November 9, 1959 and recorded in Cumberland County Plan Book 11 Page
39 and known as 8 Bell Aire Avenue, Carlisle, Pennsylvania.
WHEREAS, Contractor has undertaken and agreed to erect and construct a building,
addition and/or do certain home improvements on that certain above-described lot of ground as a
spec home with the funding received by Lender.
NOW THEREFORE THIS AGREEMENT WITNESSETH:
That the said Contractor, for and in consideration of the sum of One ($1.00) Dollar in hand
paid to it by Farmers & Merchants Trust Company of Chambersburg, the receipt whereof is hereby
acknowledged, and the further consideration mentioned in the agreement aforesaid, for itself and its
subcontractors, and all parties acting through or under it or them, covenant and agree that no liens,
mechanic's liens or other claims shall be filed or maintained by Contractor or any of them against
the said buildings and the lot of ground appurtenant thereto for or on account of any work done or
materials furnished by it or any of them under said contract or otherwise, for, towards, in or about
the erected and construction of the said buildings on the lot above described, and the said
Contractor, for itself, its subcontractors and others under it hereby expressly waives and
relinquishes the right to have, file, and maintain any mechanic's liens or claims against the said
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buildings or any of the improvements, and agrees that this instrument, waiving the right of lien,
shall be an independent covenant.
IN WITNESS WHEREOF, the parties hereto intending to be legally bound have hereunto
set their hands and seals the day and year first above written.
STRICKLAND BROTHERS
CONSTRUCTION, LLC, CONTRACTOR
BY~ .?.J~
M. e Strickland, Member
BY~~~
Matthew G. Strickland, Member
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FARMERS & MERCHANTS TRUST
COMPANY OF CHAMBERSBURG
By:L~-
8rl6'" E. M;l6rt--Vrq,President
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