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STIPULATION AGAINST
AND
WAIVER OF LIENS
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WHEREAS, YOUR TOWNS BUILDERS, INC. ("Contractor") entered into a contract
with COC Associates, a Pennsylvania limited partnership, (Owner") to provide materials and
perform labor necessary for the construction of multi-family condominium units (the "Project")
upon a lot of ground located on Franklin Street, Borough of Carlisle, Cumberland County,
Pennsylvania.
NOW THEREFORE, it is hereby stipulated and agreed by and between the said parties,
as part of the said contract and for the consideration therein set forth, that neither the undersigned
contractor, any sub-contractor or material man, nor any other person furnishing labor or
materials to the said contractor under this contract shall file a lien, commonly called a mechanics'
lien, for work done or materials furnished to the said building or any part thereof.
Contractor hereby represents and warrants that prior to the date hereof no work has been
done and no materials have been furnished with regard to the construction which is the subject of
the Contract or with regard to any supplemental contract, verbal or written, or comract for extra
work in or about the Project.
This stipulation is made and intended to be filed with the County Prothonotary in
accordance with the requirements of Section 402 of the Mechanics Lien Law of 1963 codified at
49 P. S. S 1402 (Pardons 1965) of the Commonwealth of Pennsylvania.
IN WITNESS WHEREOF, the said parties hereto have hereunto set their hands and seals
this ~ day of M tly , 2001.
Signed, Sealed and
Delivered in the
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YOUR TOWNS BiJII,D1rR5, INC.
By
COC ASSO(l'IATES
BY COC, INC., General Partner
BY (SEAL)
Eddie P. Dr aris, resident
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