A. If the owner of the building or place has not been guilty of contempt of court in the proceedings, and appears and pays all costs, fees and allowances, which are a lien on the building or place, and files a bond in the full value of the property as ascertained by the court, with sureties to be approved by the court or judge, conditioned that he will immediately abate any such nuisance that may exist at the building or place and prevent the nuisance from being established or kept at the building or place within a period of one year thereafter, the court or judge may, if satisfied of the owner’s good faith, order the premises closed under the order of abatement to be delivered to the owner, and the order of abatement cancelled so far as it relates to the property.

B. The release of the property under this section shall not release it from any judgment, lien, penalty or liability to which it is subject by law.