HomeMy WebLinkAboutC-3082(AA) - Assignment of Agreement for Non-Standard Street Improvements Tract Nos. 10987S�'Q►� h ec. -p,le : ta13 lcasA, elf 1
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RECORDED AT THE REQUEST OF AND
WHEN RECORDED RETURN TO:
Kent G. Snyder
Attorney at Law
2212 Dupont Drive, #Q
Irvine, CA. 92715
6.00
Recorded at the request of
FIRST AMER. TITLE INS. CO.
8:o1 DEC 71982
A.M.
Official Records
Orange County, California
Recorder
ASSIGNMENT
OF
AGREEMENT FOR NON-STANDARD STREET IMPROVEMENTS
TRACT NO. 10987
THIS ASSIGNMENT OF AGREEMENT FOR NON-STANDARD STREET
IMPROVEMENTS is entered this lst day of December
1982, by and between J.M. PETERS COMPANY, INC., a California
corporation ("Assignor"), and BELCOURT HILL HOMEOWNERS ASSOCIA-
TION, a California nonprofit benefit corporation ("Assignee").
RECITAL S:
A. Assignor entered into a written "Agreement for
Non -Standard Street Improvements Tract No. 10987" dated
September 29, 1982, with the City of Newport Beach, a municipal
corporation.
B. The Agreement for Non -Standard Street Improvements
was recorded on October 7, 1982, as Instrument No. 82-353893
in the Official Records of Orange County, California.
C. Assignor desires by this Assignment to assign all
of its rights and obligations under said Agreement for Non -Stan-
dard Street Improvements to Assignee subject to all of the terms
and conditions thereof.
D. Paragraph 4 of the Agreement for Non -Standard
Street Improvements permits Assignor to assign its rights and
obligations thereunder, without the consent of the City of
Newport Beach being required, to a community association respon-
sible for the maintenance of the adjacent private streets and
upon such Assignment, Assignor is automatically relieved of any
further obligations thereunder to the City of Newport Beach.
•
82
-427123
By
By
NOW, THEREFORE, the parties hereto agree as follows:
1. Assignor hereby assigns to Assignee all of
Assignor's rights and obligations under said Agreement for
Non -Standard Street Improvements effective as of the date hereof.
2. Assignee assumes and agrees to be bound by and
perform all covenants, conditions, obligations and duties of
Assignor under the Agreement for Non -Standard Street Improve-
ments effective as of the date hereof as if Assignee were the
original party to the Agreement, and Assignee agrees to hold
Assignor free and harmless from any further liability, of any
kind or nature whatsoever, arising out of said Agreement.
3. This Assignment contains all of the agreements of
the parties hereto with respect to the matters contained herein,
and no prior agreement, arrangement or understanding pertaining
to any such matters shall be effective for any purpose.
IN WITNESS WHEREOF, the parties hereto have executed
this Assignment on the date first above written.
ASSIGNOR:
J.' PETERS COMPANY, INC.,
ifornia corpo ation
i
James M. PetRrs, President
Jame
ASSIGNEE
BELCOURT HILL HOMEOWNERS ASSOCIATION,
a California nonprofit benefit
corporation
Ellen Lehman,
Secretary
i
82-427122
STATE OF CALIFORNIA
ss.
COUNTY OF ORANGE
On December 1 , 1982, before me, the undersigned,
a Notary Public in and for said State, personally appeared
James M. Peters , known to me to be the President,
and James B. Fleig , known to me to be the Secretary
of the corporation that executed the within Instrument, known
to me to be the persons who executed the within Instrument on
behalf of the corporation therein named, and acknowledged to me
that such corporation executed the within instrument pursuant
to its By -Laws or a resolution of its Board of Directors.
WITNESS my hand and official seal.
STATE OF CALIFORNIA )
COUNTY OF ORANGE )
ss
1
-.4(../ �•.
J Notar i Public
On December 1 , 1982, before me, the undersigned,
a Notary Public in and for said State, personally appeared
Robert J. Trapp , known to me to be the President, and
Ellen Lehman , known to me to be the Secretary of
the corporation that executed the within Instrument, known to me
to be the persons who executed the within Instrument on behalf
of the corporation therein named, and acknowledged to me that
such corporation executed the within instrument pursuant to its
By -Laws or a resolution of its Board of Directors.
WITNESS my hand and official seal.
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