05-27-09 Meeting of the La Porte Redevelopment Authority Minutes

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PARTIAUFINAL WAIVER OF LIEN STATE OF TEXAS COUNTY OF FORT BEND The undersigned contracted by Port Crossing Land. L.P. to furnish labor and materials in connection with certain improvements to real property located in La Porte. Texas and owned by Port Crossing Land. L.P., which improvements are described as follows: SH 146 at Wharton Weems Boulevard in La Porte, Texas Right Turn Lane and U-turn Lane In consideration of Pay Estimate No.1 in the amount of One Hundred Seventv Four Thousand Three Hundred Twentv One and 091100 DOLLARS ($ 174.321.09) and other good and valuable consideration, the receipt and sufficiency of which is htJreby acknowledged and confessed, the undersigned does hereby waive and release any mechanics' lien or materialmen's lien or claims of lien that the undersigned has or hereafter has on the above-mentioned real property on account of any labor performed or materials furnished or to be furnished or labor performed and materials furnished by the undersigned pursuant to the above-mentioned contract or any constitutional lien that the undersigned may have. Undersigned hereby guarantees that all bills for labor performed and/or materials furnished in the erection and construction of such improvements on the Property have been fully paid and satisfied and Undersigned does further guarantee that if for any reason a lien or liens are filed for material or labor against said Property arising out of any bills for material or labor in connection with the erection or construction of said improvements thereon, Undersigned will obtain a settlement of such lien or liens and a proper release thereof shall be obtained. Durwood Greene Construction Co. CONTRACTOR By: L ~rO Stephen W. Maynard Vice President SWORN TO AND SUBSCRIBED BEFORE ME, on this the 3rd day of June. 2009. to certify which witness my hand and seal of office.