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C I 0 0 6706-050 been paid, discharged, or waived. If CONTRACTOR falls to do so, then OWNER P may, after having served written notice on the said CONTRACTOR either pay unpaid bills, of which OWNER has written notice, direct, or withhold from the i CONTRACTOR's unpaid compensation a sum of money deemed reasonably sufficient to pay any and all such lawful claims until satisfactory evidence Is furnished that all liabilities have been fully discharged whereupon payment to CONTRACTOR shall be resumed, In accordance with the terms of this Contract, but in no event shall the provisiuns of this sentence be construed to impose any obligations upon OWNER to either CONTRACTOR or his Surety. In paying any unpaid bills of the CONTRACTOR, OWNER shall ,be deemed the agent of CONTRACTOR and any payment so made by OWNER, shall be considered as payment made under the Contract by OWNER to CONTRACTOR and OWNER shall not be liable to CONTRACTOR for any such payment made in good faith. SC -14.4. Add four new paragraphs immediately after paragraph 14.4. of the General Conditions which are to read as follows: 14.4.1, Should CONTRACTOR neglect to pay any undisputed claims, made In writing to OWNER within thirty days after completion of the Work, but continuing unsatisfied for a period of ninety days, OWNER may pay such claim and deduct the amount thereof from the balance due CONTRACTOR. OWNER may also, with the written consent of CONTRACTOR, use any monies retained, due, or to become due under this Contract for the purpose of paying for both labor and materials for the Work, for which claims have not been filed. 14.4.2. Security is provided both by the Payment Bond and the power of OWNER to retain any monies for claims, but payment by one shall In no way Impair or discharge the liability of the other. 14.4.3. Any and all liens for work and materials may be paid off by OWNER within a reasonable time after filing for record in accordance with State and local laws, a notice of such liens except where the claim on which the lien is filed is being litigated by CONTRACTOR, and in such case OWNER may pay the amount of any final judgment or decree or any such claire within a reasonable time after such final judgment or decree shall be rendered. 14.4.4. All monies paid by OWNER in settlement of liens as aforesaid, with the costs and expenses incurred by OWNER in connection therewith, shall be charged to CONTRACTOR, shall bear interest at the rate of three percentage points above the rediscount sate then charged by the Federal Reserve Rank, and shall be 7129146 00800-17