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HomeMy WebLinkAbout04-2217PATTON ARTWORKS PROPERTIES, : Ptairrtiff 0~¢ : V, IL fi. MOWERY & SONS, INC., IN THE COURT OF COMMON PLEAS CUMBERLAND COUNT~, PENNSYLVANIA CML ACTION - LAW WAIVER OF LIENS WHEREAS, by Agreement dated May 12, 2004 , PATRON ARTWORKS PROPERTIES, a Pennsylvania general partnership ("Owner/Borrower"), contracted with 1L S. MOWERY & SONS, INC. ("Contractor") for work and services relating to the construction and construction supervision of a project upon the real estate described on Exhibit "A" attached hereto and made a part hereof; and WHEREAS, the project is to consist of the construction of a commercial project on property in Hampden Township, Cumberland County, Pennsylvania, described on Exhibit "A" attached hereto, more fully detailed in the construction contract described above; and WHEREAS, Waypoint Bank has agreed to lend and advance One Million Three Hundred Thousand Dollars ($1,3oo,ooo.oo) to Owner/Borrower to finance such construction in consideration of, among other things, the execution of this Waiver. NOW, THEREFORE, Contractor, INTENDING TO BE LEGALLY BOUND HEREBY, and before any authority has been given to the said Contractor by Owner/Borrower or any other person to commence any work on the said Project or to purchase materials therefor, does hereby, for Contractor and for any and all subcontractors, materialmen, employees and part/es acting or claiming for, through or under Contractor, covenant and agree with Owner/Borrower and Waypoint Bank that no mechanics' liens or claims shall be filed or maintained against the above-described real estate, or the building or improvements to be erected thereon, for or on account of any work done or materials furnished under said agreement or under any supplemental contract, verbal or written, or contract for extra work in or about the erection, construction and completion of said project, or otherwise; and Contractor, for Contractor and any and all subcontractors, materialmen, employees and parties acting or claiming through or under Contractor, hereby expressly waives and relinquishes the right to have, file or maintain any mechanics' liens or claims against said real estate or buildings or improvements. This agreement waiving the right of lien shall be an independent covenant and shall operate and be effective as well with respect to work done and materials furnished under any supplemental contract for extra work in the erection, construction, supervision and completion of the said project as to any work and labor done and materials furnished under said agreement. 2 In order to give Owner/Borrower and Waypoint Bank full power and authority to protect the said real estate and buildings or any of them against any and all mechanics' liens or claims filed by Contractor or anyone acting or claiming for, through or under Contractor or in violation of this agreement, Contractor, for itself and all such aforesaid subcontractors, materiaimen, employees and parties acting or claiming for, through or under Contractor, hereby irrevocably authorizes and empowers any attorney of any Court of Common Pleas of the Commonwealth of Pennsylvania, or any attorney of any other court or jurisdiction there or elsewhere, to appear in any said courts or jurisdictions for Contractor and mark satisfied of record, at the cost and expense of Contractor, or any such subcontractor, materialman, employee or party, any and all claim or claims, lien or liens filed by or for Contractor or in its or their name against the said real estate, buildings; a copy of this Agreement, and a reference to the court, term and number or place in which this agreement and waiver shall have been filed shall be sufficient exhibit of the authority herein contained to warrant such action; and Contractor, for itself and all such part/es, does hereby remise, release and quitclaim unto Owner/Borrower and Waypoint Bank, and their and each of their certain attorney or attorneys, any and all manner of errors, defects and imperfections whatsoever in entering such satisfaction or anywise touching or concerning the same. This agreement and waiver is made and intended to be filed with the Prothonotary of the Court of Common Pleas of Cumberland County, Pennsylvania, or other proper place in which the above-described lands are located. It is expressly understood that the foregoing waiver and all of the provisions and remedies herein contained shall be available to and for the protection of Waypoint Bank, mortgagee of said premises, its successors or assigns. In the event Contractor consists of more than one person, firm or corporation, the undertakings hereunder of each of such persons, firms or corporations shall be joint and several, and the word "Contractor" shall mean all or some or any of them. For the purposes of this agreement and waiver, the singular shall be deemed to include the plural, and the neuter shall be deemed to include the masculine and feminine, as the context may require. IN WITNESS WHEREOF, Contractor has hereunto signed and sealed these presents this 12th dayof May ,2004. OWNER/BORROWER: PATRON ARTWORKS PROPERTIES 3 ~ /) ~ CONTRACTOR: AqWESq~.' - W~/ ~./. u/ ,~ R.S. MOWERY & SONS, INC. ~2s~z~. Corp. Sec. By 3~'~cD G.~Rosendale,~xecutive Vice President 4 MRV.11,~ !:15PM CLTIC HRRRISBURG ~,~ b,~xb ' ATTACHED TO A_ND ?ORMING A PART OF TITLE INSURANCE CO594ITMENT Orc~er .Ns.: D4279~PCP SCMEDULE C DESCRIPTION and RECITAL ALL that certain lc~ or piece of ground situate in ~ampden Township, Cumberland County, Pennsylvania, more particularly bounded and described as follows: BEGINNING at an iron pipe marking the intersection of the southerly line of PA Legislative Route 34 (US Route 11 and a/k/a Carlisle Pike) with the westerly line of Gustin Drive; thence along said westerly line cf Gustin Drive south 2~ degrees, 35 minutes, 00 seconds west, 168.76 feet to an iron pipe; thence along the same south 1~ degrees, 07 minutes, 19 seconds west, 90.13 feet to an iron pipe; thence along lands of Raymond E. Gottshall North 7-S degrees, 49 minutes, 03 seconds west, 170.00 feet to an iron pin; thence along lands of Walter A. Lake, Jr. (of which this was formerly a part) North 1i degrees, 55 minutes, 22 seconds east, 90.02 feet ko an iron pipe; thence along the same north 25 degrees, 35 minu~es 00 seconds east 202.24 feet to an iron Dips; thence along said southerly line cf PA LR 34 (and 50 feet from the center thereof) south 64 degrees, 41 minutes, 09 seconds east, S4.95 f~et to an iron pin; thence along the same south ~4 degree~, 46 minutes 28 seconds eas~, 11~.05 feet =o the place of beginning. Containing 45,992 square feet (1.07~ acres) more or less. BEING the same premises which was conveyed to the Grantor by Deed dated May 22, 1981, and recorded in ~he Office for Recording of Deeds in and for the County of Cumberland, in Deed Book K ~9, page ~26. PA 3 PAGE 5