HomeMy WebLinkAboutC-7267-21 - Beacon Bay, 29 - MOL 2025Recorded in Official Records, Orange County
RECORDING REQUESTED BY
TICOR TITLE COMPANY
AFTER RECORDING, RETURN TO:
CITY OF NEWPORT BEACH
100 CIVIC CENTER DRIVE
NEWPORT BEACH, CA 92660
ATTN: CITY CLERK
Exempt from recordingfees pursuant to
GOWMMeant Code V13fb3
TT1010897
Hugh Nguyen, Clerk -Recorder
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227 RecSup3A M11 6 07
1793.551793.55 0.00 0.00 15.00 0.00 0.00 0.00 0.00 0.00
MEMORANDUM OF LEASE
THE UNDERSIGNED DECLARES: S o
DOCUMENTARY TRANSFER TAX IS $
_:6-COMPUTED ON FULL VALUE OF PROPERTY CONVEYED, OR
COMPUTED ON FULL VALUE LESS LIENS OR ENCUMBRANCES
T REMAINING AT THE TIME OF SALE
M oar ne WfOr+ ta+A
RECORDING REQUESTED BY
TICOR TITLE
Recording Requested By
and When Recorded Return To:
City of Newport Beach
100 Civic Center Drive
Newport Beach, California 92660
Attn: City Clerk
(Exempt From Recording Fees Pursuant to Government Code § 27383)
�,T o I D,13C, (SPACE ABOVE THIS LINE FOR RECORDER'S USE)
MEMORANDUM OF LEASE
THIS MEMORANDUM OF LEASE is made and entered into between the City of
Newport Beach, a California municipal corporation and charter city ("Lessor") and
Richard Keating and Bonnie Khang (AKA Bonnie Keating), husband and wife as
community property with right of survivorship ("Lessee").
Lessor hereby leases to Lessee that real property located in the City of Newport
Beach, County of Orange, California, described in Exhibit 1" attached hereto
("Property"). The term of the Lease is fifty (50) years, commencing June �, 2025
and ending June I (p, 2075.
This Memorandum of Lease is subject to the terms, conditions and provisions of
an unrecorded Lease between the parties dated June I(I , 2025, which is
incorporated herein by reference. Unless extended by a recorded amendment or
supplement hereto, this Memorandum of Lease will automatically terminate as of June
J(p, 2075.
[SIGNATURES ON NEXT PAGE]
1
IN WITNESS WHEREOF, the Parties have caused this Memorandum of Lease
to be executed on the dates written below.
APPROVED AS TO FORM:
CITY ATTORNEY'S OFFICE
Date:
By:
Aaron C. Harp
City Attorney
ATTEST:
Date:
By: ,
Leilani I. Brown
City Clerk
4.1 Fott./
CITY OF NEWPORT BEACH,
a California mu icipal corporation
Date: ag / l2% 20
By0anager
Gung
Ci
LESSEE: RICHARD KEATING AND
BONNIE KHANG (AKA BONNIE
KEATING), husband and wife as
community property with right of
survivorship
Date:
Richard Keating
Date:_ f(10/ 1 1 a
2
EXHIBIT "1"
LEGAL DESCRIPTION OF THE PROPERTY
That certain real property located in the City of Newport Beach, County of
Orange, California, described as follows:
Lot 29 as shown on the map filed in Book 9, Pages- 42 and 43 of Record of Surveys in
the Office of the County Recorder, County of Orange, State of California.
3
ACKNOWLEDGMENT
A notary public or other officer completing this
certificate verifies only the identity of the individual
who signed the document to which this certificate is
attached, and not the truthfulness, accuracy, or
validity of that document.
State of CalifNOW,
ia )
County of
Onjo" , ")zs� before me,
_, PM - )64� eU21
Insert ame and title of the office )'
personally appeared(VYA�("A�-/1V��9 �,ijrY ►/
who proved to me on the basis of satisfactory evI nce to be the person(s) whose me(s) is/are
subscribed to the within instrument and acknowledged to me that he/she/they executed the same in
his/her/their authorized capacity(ies), and that by his/her/their signature(s) on the instrument the
person(s), or the entity upon behalf of which the person(s) acted, executed the instrument.
I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing
paragraph is true and correct.
WITNESS my hand and official seal.
`„°'r, JENNIFER WALSH
t` Notary Public • California
i Orange County
I
Commissions Sep 19, 7
'di°tl '�� My Comm. Expires Sep 19, 2025 r
Signature
(Seal)
CALIFORNIA•. • OD
:..e•..e,•:.e �c•.. rc•:.c,:. , .,.. tee•=.,•..< „�. . _. :. .,,a, :. :.e =.ems=.c!..e_.,:. =.c-
A notary public or other officer completing this certificate verifies only the identity of the individual who signed the
document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document.
State of California )
County of 0(?_A
ND i7;� �-
On J U tie 1 Z , :ID-LS before me, J GNN► FCQ_ )CNN YVj ULV C'I PU i3L-1 C ,
Date Here Insert Name and Title of the Officer
personally appeared �R C-E )C • i_ L U ice((,
Name(s) of Signer(s)
who proved to me on the basis of satisfactory evidence to be the person(*whose name(s)- is/are
subscribed to the within instrument and acknowledged to me that he/she/ttey executed the same in
his/her/th& authorized capacity(ies}, and that by his/her/their signature(syon the instrument the person(s),
or the entity upon behalf of which the person(s) acted, executed the instrument.
I certify under PENALTY OF PERJURY under the laws
of the State of California that the foregoing paragraph
is true and correct.
WITNESS
�" ' • JENNIFER ANN MULVEY
..
Notary Public - California
i Orange County
Commission # 2375299 Signature
My Comm. Expires Oct 12, 2025
Place Notary Seal Above
OPTIONAL
Though this section is optional, completing this information can deter alteration of the document or
fraudulent reattachment of this form to an unintended document.
Description of Attached Document
Title or Type of Document:
Document Date:
Signer(s) Other Than Named Above:
Capacity(ies) Claimed by Signer(s)
Signer's Name:
❑ Corporate Officer — Title(s):
❑ Partner — ❑ Limited ❑ General
❑ Individual ❑ Attorney in Fact
❑ Trustee ❑ Guardian or Conservator
❑ Other:
Signer Is Representing:
Number of Pages:
Signer's Name:
❑ Corporate Officer — Title(s):
❑ Partner — ❑ Limited ❑ General
❑ Individual ❑ Attorney in Fact
❑ Trustee ❑ Guardian or Conservator
❑ Other:
Signer Is Representing:
� 1 • • • � • • • • • • ill � " ill i • •: •1