Fill and Sign the Release of Lien by Posting of Surety Bond by Corporation or Llc Idaho Form

Release of Lien on Real Property by Posting Surety Bond - Corporation (Idaho Code § 45-519) _______________________________________________________________________ ( Title of court and cause, if action has been commenced) WHEREAS, ________________________________ (name of owner, contractor, or other person disputing the lien) desires to give a bond for releasing the following described real property from that certain claim of mechanic's lien in the sum of $ _______________ , recorded the _____ day of ________________ , 20 ______ , in the office of the recorder in _________________ County: ________________________________________________________________________ ________________________________________________________________________ ________________________________________________________________________ [Legal Description]. NOW, THEREFORE, the undersigned principal and surety do hereby obligate themselves to __________________________________ , (name of claimant) the claimant named in the mechanic's lien, under the conditions prescribed by sections 45-518 through 45-524, Idaho Code, inclusive, in the sum of $ ______________ (1-1/2 x claim), from which sum they will pay the claimant such amount as a court of competent jurisdiction may adjudge to have been secured by his lien, with interest, costs and attorney's fees. IN WITNESS WHEREOF, the principal and surety have executed this bond at ____________________ , Idaho, on the ____ day of ________________ , 20 _____ . __________________________ __________________________ Signature of Principal Surety Corporation _____ _____________________ _____ _____________________ Type or Print Name By, Its Attorney in Fact _____ _____________________ Title _____ ______________________ Corporation State of Idaho County of ________________ On _______________________, 20____, before me, the undersigned, a notary public of this county and state, personally appeared _____________________________ known or identified to me (or proved to me on the oath of ________________) to be the _______________ (title) of ____________________ (corporation) that executed the foregoing instrument on behalf of the corporation therein as principal for the purposes therein mentioned and also personally appeared _________________________ _________________ known or identified to me (or proved to me on the oath of ________________) to me to be the attorney in fact of the corporation that executed the foregoing instrument and known to me to be the person who executed that instrument on behalf of the corporation therein named, and he or she acknowledged to me that that corporation executed the foregoing instrument. ______________________________________ (Notary Public in and for the County and State) My Commission Expires on: ___________________________ (SEAL) ID § 45-519