Stop Notice Agreement
|
Effective Date: ____/____/______
The Owner [Legal Name], AKA (The Owner)
Located at [Address]
[City], [State] [Zip Code]
AND
Lending Institution [Legal Name], AKA (The Finder)
Located at [Address]
[City], [State] [Zip Code]
You are hereby notified that:
Claimant:
________________________________
Who is located at
________________________________
________________________________
Has performed labor and/or provided materials for a work of improvement project located at:
________________________________
________________________________
The labor and/or materials that were furnished by the claimant are of the following kind:
________________________________
________________________________
The labor and/or materials were furnished to the following involved entities:
________________________________
________________________________
The total value of the entire amount of labor and materials agreed to furnished % ______
The value of the labor and materials furnished to date $_______
Claimant has been paid the sum of $_____
You are required to set aside sufficient funds to satisfy this claim with interest, court costs, and other reasonable costs for litigation as provided by law. You are also notified that the above mentioned claimant claims as equitable lien against any construction fund for this project which resides with the above mentioned Bank
I, the undersigned, verify that I am the above stated claimant and that I have read and understand said Stop Notice and the contents thereof. I declare, under penalty of perjury under State Law the foregoing is true and correct.
Applicable Law
This contract shall be governed by the laws of the State of ______ in ______ County and any applicable Federal Law.
_______________________ Date_____
Signature of the Claimant
|
|
|
