HomeMy WebLinkAbout99-00204
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STII'lIl.ATION vs. I.IrJNS
THIS AGREEMflNT Made ,uld cOllcluded lhis~,;\'II~_ day ofljD"Il' 1,,(\ A.D. 199M helween Ml. Zion
Associates, L.P., Parlr of lhe Ilrsl p.ut Ihorehulfter called Owuer), DDG ProperileS, luc,. Parly oflhe seeoud
part (hereinafter callel E1lullable Owoer). alld Pynouid COllslructioll Services, IIIC., party of the lhird pari
<herolllafter called COlllractor),
WHEREAS. Eqllilahle OWller alld COlllraclur have by a dilly execuled Agreemelllllllder seal, dated as of
Nuvember 23. 199M, elllered illlo a w,iHeu cOlllracl till' Ihe erectioll alld complelillll of a blllldillg, 10 be erecled on
l.ol No, 3, Phase 2-R. "lIIlIpden TowlI.<hip, Cllmherlalld COli Illy. Pellllsylvauia "Cumberlalld Teehllology Park"
as recorded In Piau Rook .".LJ._,. page -''h-,--" <',he "I'wperty") ill whieh Agreelllellllhe COlllractur covenanled,
promit,ed aud agreed thaluo lIIeehallies' chullls or liells should be elllered alld /iled agaillsllhe said huilding Ilr
bllildillgs or 'lilY part thereof. or Ihe curlilagc (If cnrdlages appnrlclUlIU lhereto,
NOW THIS AGREEMENT WITNIJSSETH: TIIIII COlllraclor lilr alld lu consideratiollllf lhe awardlug to
1.111I hy Equllable OWller of said WlIlracl as afi.resaid, as well as the furlher cOllsideralill1l of Olle ($1.00) Dollar
cadi 10 him paid by bolh lhe OWller aud the Equllable OWller al or bcti.re Ihe ellseallllg alld delivery of these
presellls. Ihe reccipt whereof is hereby ackuowledged, does hereby covellllllt. promise alld agree that 110
lIleChallics' liell (If c1ailll or other liell or c1allllllf auy killd wllatsoever shall be filed agahl<l the said bllllding or
buildlllgs or lhe cllrtilage or curtilag,.s appurle'uuu therelll. by COlllllIClllr or by .IIIY sub-cOlUnll'lor, lIlaleriahuell
(If labllrers tilr work dOlle or m.uerlals linllished under said cOlllract tin alld ahlllll <aid bulldillg ur hulldinlls IIr
allY part lhereof. Ill' ou credll lhereof. alld that all suh'clllllradors, lIIateriallllell. alld laborers Oil said wllrk shall
IOllk 10 and hold COlllractllr persllually liahle for all sUb'culllracts. lIuuerials furnished alld work alld labor dOlle,
so I,halthere shallllllt be allY legal or lawful claim of auy kiud whalsoever agaiuslthe OWller or Ihe Equltllhle
OWller tilr .IIIY work dlllle Ilr lahor or materials linnished ullder said Clllllmcl for alld abllutt".. ereclillll,
cOllslructionalld completillllllf said hllildillgs as ati.resaid. Ilr ullder allY colllracls for extra work. or tilr work
supplelllenlaltherelo. or 1l1herwise.
AND, h, order tll give the OWller aod the Equitahle OWller full pOII'd alld authorhy III pWlectthelllselves
alld llie lot or IOls of groulld agaillst allY aud all claims tiled hy the COIUntctllr Ill' allyolle aCliug ullder Ilr through
him or h ill vio!;ltiollof the tl,wgoing covelUllIl, the said COl1lraclllr fin himself, themselves. itself. herehy
irrevocllblv lIuthoriws and elllpowers allY Alloflley of any Court of Common Pleas of the Commollwealth of
Pellllsylvailill. III appear "II" him. them. it, or IIny of thelll. illllllY of tI,e said Courts of Common Pleas as Attorney
filr hilll, them or it and ill his, their. its, ,ulme. nlllrk salistied of record lit the cosllllld expellse of the COlltractor
or of allY Sob-Colllractor or Materialnllln. or MlIlerillhnen. any IIl1d all claims or claim. Iiellor liens, tlled hy (,I
tilr the COlltractor. or any Sub-Colltractor or Materiallllllo, or ill his ur lheir tlllme agalllst said building or
hulldlngs. fotor lots of groulld or allY pllrt thereof alld ",r such IIct or aCls tllis shall be good IInd suflicielll
warmllllllld authority. alld II retcrence 10 the Court. Term alld Number in which and where this Agreement shall
have beell tiled shall be a snmciellt exhihit of lhe authority herein contained to warrant snch aClion. alld the
Contractor ",r himself. lhelllselves, itself. do hereby relllise, release IInd quit-claim all rig his .lIld all manner of
errors. defccls nlld imperlcctions whalsoever ill ellterlllg such satishlclillll or inllnywlse tuuchillM or ,:oncemlllg
the slime.
AND. the parties inlend to he leglllly honud hereby .Oild also illleod thai this Stipu!;lIion shall cllntinlle to
he eUcclive after the tnlllslcr of title of lhe Property ffllm lhe Owner 10 the /l-llllitahle Owoer.
IN WITNESS WHEREOI' Ihe said panics have hereullto set their hllnds IIl1d seals elllted the day IIml year
tirstllbove wrillen,
WITNESS PRESENT:
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