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_ C-5/30/1996 01:15 13606953134 OMNI CONST PA�iE 02 <br /> _ , �i2 �. � �_,..�' . <br /> .� � s �L �,,� �-�j�, �-c�� c���,xn � <br /> �`� ,�� Name oP ProJeet; <br /> �ti� <br /> /-��FO� lerr�ce <br /> C.onsdvcHoa te Addessr <br /> Pamit Rnt�a+ence: <br /> ASSIGNMBiV'P OF FVNDS Z'O THE C1TY OF EVERETP <br /> For: (dacNbe improvemenq) <br /> ��GH7�Gi� C iM fjiavC�✓I fj � <br /> �4� - 5f <br /> lmprovcmenu to 6�insWbd p�r Clry sqndard� by . 19 <br /> � <br /> We herabY V� � �he sum of •EOUR THOUS7IND FIVE HUNARE�J�us �f d Snn ) <br /> wlll b0 h01d in BIc w A00011f�t No. 1510022229 jn interwaet savinqs 8ank �h� <br /> rofured to u "H�nk") who�e addrw is 1226 stace �►v�nu• Meryeville , wA <br /> _ , <br /> In the name of oM�z, conatruction, inc, p� �� �� of the abovadascsibed <br /> improvemenu and juar,nyee yut thex lunds wlll not be ritated without pdor writtan tpprovel Prom <br /> th� City of Sverstt PubL'c Worlu Dep�rtmant(hereinafE�r roferred w a "City"). We a�ree thu upon <br /> wmpledon of the lesn]lation of d�e abovedaaibed impmvementa per City sqndardi and �pprov�i <br /> by the City, ths City wlll provide written nodce to the H�n1c �uthorizinr the eelpx of the�a funds. <br /> W� iUtther a�n� @u�t thqe funds wW be relea�ed to the Citq upon notice by the C[ty thut the <br /> Improvemen� have noc baers ui�llvl per Ciry shttd�rd�, <br /> Provided tLrther, however, thu in the event the �bove-0ee�ibed ;mprovements are installed per <br /> Ciry arand�rdt and a wrdficate of panial compJi�noe i� tijned by tM City, then i� Nit event, we ue <br /> further ln�ttueted tp reta�e pro`ress piymenu tor the amount of improvements ir�stalled pnr Ciry <br /> �tand�rds and Approved by the City. The City thW 1yrv� ltrst claim and priority to ehe remaining <br /> bdance of�id �um of��,R �tya.an F_ r�_ �1� ��. s oo . _�, <br /> HUNDRED <br />