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Attachment "I3" Conditional NVaiver and Release on Final Payment <br /> Project: <br /> Project Owner: <br /> Land Owner: <br /> On receipt by the undersigned of a check from _ , LLC ("BUYER") in the <br /> amount of <br /> $ _ _ <br /> and when such check has been properly endorsed and paid by the bank on which it is drawn, this <br /> document shall become effective to release any and all mechanics' lien rights. any and all State or <br /> Federal statutory bond claim rights, any private bond claim rights, any claim for additional payment or <br /> performance whatsocver by BUYER. any stop notice rights, any verified statement of claim rights, and <br /> any rights under any ordinance, rule or statute related to claims or payment rights for persons in the <br /> undersigned's position that the undersigned may have on or against the Project, the Project Owner. <br /> BUYER's sureties or BUYER ("Claims"'). <br /> The undersigned has reviewed all previous payments, any final survey, and the cun•ent condition of the <br /> undersigned's Property and is satisfied that with the final payment listed above, BUYER has fully and <br /> properly perfon-red each and every obligation promised or expected under the undersigned's <br /> understanding with BUYER. Accordingly, the undersigned hereby releases and agrees to hold <br /> BUYER, BUYER's sureties. the Project Owner and the Project harmless from any Claim of any type <br /> or nature for any further payment or performance. <br /> The undersigned represents and warrants that lie either has already paid or will use the monies he <br /> receives from this payment to promptly pay in full any and all of his laborers, subcontractors. <br /> mortgagees, lenders and suppliers for any and all labor, materials. equipment, financing or services <br /> provided for or to or for the benefit of the Project. <br /> The undersigned agrees that in the event any Claim is asserted contrary to this agreement that he will <br /> indemnify, defend, and save BUYER, its sureties and insurers, the Project Owner and the Project <br /> harmless from and against any loss, damage or expense, arising out of such Claim including <br /> BUYER's court costs and its reasonable attorneys' fees. <br /> The promises made in this Agreement shall be binding upon the undersigned and his/her heirs, <br /> successors, agents and assigns. <br /> By: <br /> (Printed name) <br /> Date: Witness: <br />