84-136 Contract AmendmentADDENDUM TO CONTRACT DATED s tffimhpr 21. 1984
BETWEEN THE UNDERSIGNED CONTRACTOR
AND THE UNDERSIGNED OWNER
The Owner is contracting with the Contractor for certain
improvements to property. As is required by Subdivision 1 of
Minnesota Statutes S 514.011, the following Notice is hereby
given to the Owner, and by signing this Addendum, the Owner hereby
receipts for said Notice on and as of the date of the Contract
of which this Addendum is a part:
(A) PERSONS OR COMPANIES FURNISHING LABOR OR MATERIALS
FOR THE IMPROVEMENT OF REAL PROPERTY MAY ENFORCE A
LIEN UPON THE IMPROVED LAND IF THEY ARE NOT PAID FOR
THEIR CONTRIBUTIONS, EVEN IF SUCH PARTIES HAVE NO
DIRECT CONTRACTUAL RELATIONSHIP WITH THE OWNER.
(B) MINNESOTA LAW PERMITS THE OWNER TO WITHHOLD FROM HIS
CONTRACTOR SO MUCH OF THE CONTRACT PRICE AS MAY BE
NECESSARY TO MEET THE DEMANDS OF ALL OTHER LIEN CLAIMANTS,
PAY DIRECTLY SUCH LIENS AND DEDUCT THE COST THEREOF
FROM THE CONTRACT PRICE, OR WITHHOLD AMOUNTS FROM HIS
CONTRACTOR UNTIL THE EXPIRATION OF 90 DAYS FROM THE
COMPLETION OF SUCH IMPROVEMENT UNLESS THE CONTRACTOR
FURNISHES TO THE OWNER WAIVERS OF CLAIMS FOR MECHANICS'
LIENS SIGNED BY PERSONS WHO FURNISHED ANY LABOR OR
MATERIAL FOR THE IMPROVEMENT AND WHO PROVIDED THE
OWNER WITH TIMELY NOTICE.
KING & CHRISTENSEN, INC.
(Contractor)
By
Its
OWNER (OR AUTHORIZED AGENT OF OWNER)
By