HomeMy WebLinkAbout20160520 GEICOForKroll PDRelease 1931638(Page 1 of 2)
05 04 16
Apr 14 2016 15:05:36 10666560266 -> 0570430161056866800 Heicu page 085
PROPERTY DAMAGE RELEASE
KNOW ALL MEN VYTHESE PRESENTS•
ThAt the Undersigned, being of lawful age, for sole comMilcratioo of Seven
Tlmttsand Seven ]hundred Twenty and 73/100 Dollars ($7,720,73) to be paid to GF,ICO General Insurance Company
as Subrogeo for Wendi Kroll do/docs hereby and for my/oudits heirs, executors, administrators, succassors and assigns
release, acquit and forever discharge The City of San Luis Obispo, CA and St>7ie Annette Aanerud and his, her, their.
or its agenth, servants, successors, heirs, executom, administrators and all other persons, firms, corporations, associations
or partnerships fur and from any and all alarms, actions, causes of action, demands. rights, damages, costs. loss of service,
expenses and compensation wharsoevee which the undersigned now haslhavc or which tnay hereafter accrue on account
of or in any way growing out of any and all known and unknown, foreseen and unforeseen property damage and the
consequences therenf resulting or to result from the occunenbe on or about the I6th day of October, 7015, at or near the
1300 -block of Oses Street, 199 feet north of Pismo Street, San Luis Obispo, CA 93401. it is understood and agreed
that this settlement is the compromise of a doubtful and disputed claim, and that the payment made is not to be construed
as an admission of liability on the pact of dee parry or parties hereby released, and that said relcnsecs deny liability therefor
and intend merely to avoid ltigation mid buy their peace. Tho undersigned further deelarc(s) and represcnt(s) that no
promise. inducement or agreement not herein expressed has been made to the undorsigned. and that the Release contains
the entire agreement between the parties hereto, and (bat the terms of this R.cloasaaro contractual and not a mora recital.
It is further undcrstooli and agreed that all right. under Section 1542 of the Civil Coda of California and any similar law
of any state or territory of the United States are hereby expressly waived. Said section roads as follows:
"1542 Certain claims not affected by general release. A general release duos not extend to claims which
the creditor docs not know or suspect to exist in his favor at the time of executing the release, which if
known by him must have materially affected his settlement with the debtor."
FOR YOUR PROTECTION CALIFORNIA LAW REQUIRES THE FOI.I.OWINn TO APPEAR ONTHIS FORM:
Any person who knowingly presents false or fnntdulcnt claim for the payment of u toss is guilty of a crime and may be
subject to fines and confinement to state prison.
THE UNDERSIGNED HAS READ THE FOREGOING RELEASE AND FULLY UNDERSTANDS tT
STATUTE OF LCMLTATTONS ON YOUR INJURY CLAIM, TF ANY. EXPIRES ON N/A•
Section 11583 of the Insurance Code requires that notice he made to you of the following; 1. Tho statute of limitations for
bodily injury actions expires two year., from the date of accident unless the injured platy is a minor. hr that case, the
statute expires two years from the date the minor reaches majority. (Section 335.1. Code or Civil PIocedure). 2. The
statute of limitations for bodily injury against a Governmental entity eapuvs six months from Clio data of the notice of
rejection. (Section 945.6 of the California Government Code.)
Signed, sealed and delivered this _� day of ,
CUT _'.:R; B••O �S1GNC1G 017.OW
Wrme•s S:°nature nvi }o ), :ICO CJencrai Jnsurance Company
Print Name and Title
Addrexb
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CA CW Film 3931638 cW082