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Home My WebLink AboutC-8438-2 - McFadden Place, 101 - MOL (ATM Kiosk)Document -2927230 -Page 4 RECORDING REQUESTED AND WHEN RECORDED RETURN TO: Office of the City Clerk City of Newport Beach 100 Civic Center Drive Newport Beach, CA 92660 Page 1 of 1 Recorded in Official Records, Orange County Hugh Nguyen, Clerk -Recorder IIIIIII1111111IIJ1[111111111111IIIJ 11l 111111111111111 [11111111111 Jill NO FEE +$ R 0 0 0 9 1 1 8 0 6 6$ 2017000098558 3:19 pm 03109117 63 406 M 11 6 0.00 0.00 0.00 0.00 15.00 0.00 0.00 0.00 [Exempt from Recordation Fee - Govt. Code Sec. 6103] MEMORANDUM OF LEASE AGREEMENT WITH OPTIONS FOR RENEWAL This M mor,Adum of Lease Agreement with Options for Renewal ("Memorandum") is dated p" 1 2017, and is made between City of Newport Beach, a California municipal corporation and charter city("Lessor" or "City) and National Link, Incorporated, a California corporation ("Lessee"), concerning the Property and Premises as legally described and depicted in Exhibit "A," attached hereto and by this reference made a part hereof. Forgood and adequate consideration, Lessor leases the Premises to Lessee, and Lessee hires them from Lessor, for the term and on the provisions contained in the Agreement dated F-@ 9_, 2017, including without limitation provisions prohibiting assignment, subleasing, and encumbering said leasehold without the express written consent of Lessor in each instance, all as more specifically set forth in said Agreement, which said Agreement is incorporated in this Memorandum by this reference. The term is five (5) years, beginning aaaM 9 2017, and ending =4 9 2022, and one (1) additional successive "Renewal Term" of five (5) years. This Memorandum is not a complete summary of the Agreement. Provisions in this Memorandum shall not be used in interpreting the Agreement's provisions. In the event of conflict between this Memorandum and other parts of the Agreement, the other parts shall control. Execution hereof constitutes execution of the Agreement itself. [SIGNATURES ON NEXT PAGE] National Link, Incorporated Page E-1 about:blank 03/09/2017 RECORDING REQUESTED AND WHEN RECORDED RETURN TO: Office of the City Clerk City of Newport Beach 100 Civic Center Drive Newport Beach, CA 92660 [Exempt from Recordation Fee - Govt. Code Sec. 6103] MEMORANDUM OF LEASE AGREEMENT WITH OPTIONS FOR RENEWAL This M morandum of Lease Agreement with Options for Renewal ("Memorandum") is datedti_2017, and is made between City of Newport Beach, a California municipal corporation and charter city ("Lessor" or "City') and National Link, Incorporated, a California corporation ("Lessee"), concerning the Property and Premises as legally described and depicted in Exhibit "A," attached hereto and by this reference made a part hereof. For good and adequate consideration, Lessor leases the Premises to Lessee, and Lessee hires them from Lessor, for the term and on the provisions contained in the Agreement dated F -MPF 9_, 2017, including without limitation provisions prohibiting assignment, subleasing, and encumbering said leasehold without the express written consent of Lessor in each instance, all as more specifically set forth in said Agreement, which said Agreement is incorporated in this Memorandum by this reference. AQ -04 MAO r-Vt The term is five (5) years, beginning mat 9 2017, and ending Felgpjai: 4 9 2022, and one (1) additional successive "Renewal Term" of five (5) years. This Memorandum is not a complete summary of the Agreement. Provisions in this Memorandum shall not be used in interpreting the Agreement's provisions. In the event of conflict between this Memorandum and other parts of the Agreement, the other parts shall control. Execution hereof constitutes execution of the Agreement itself. [SIGNATURES ON NEXT PAGE] National Link, Incorporated Page E-1 LESSOR City of Newport Beach, a municipal corporation Dave Kiff c V City Manager ATTEST: , – 44t� Leilani Brown City Clerk APPRO -ED S TO FORM: Aaron'C.-Harp City Attorney LESSEE National Link, Incorporated, a California corporation Name: s,4MMr KAAj6AM Title: cw Name: cAIZO L.I�Jrz.Ate_ r Title: <-rC12CTA2y [END OF SIGNATURES] ATTACHMENTS: Exhibit A — Property Legal Description and Depiction National Link, Incorporated Page E-2 NOTARY 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 California Cc u nty of / On efor e, �G Notary Public, personally appeared, who proved to me on the basis of satisfacto evidence to be the person whose name is subscribed to the within instrument and acknowledged to me that he executed the same in his authorized capacity(ies), and that by his signature on the instrument the person, or the entity upon behalf of which the person(s) acted, executed the instrument. -TY OF PERJURY under the laws of the State of California that the is true and co DAN IELLA BYRNE Commission # 2123217 Ofl. ]seal. i QM Notary Public • California z Los Angeles County D CommFx ires13,p119Seal)Y P Aug OTARY ACKNOWLEDGMENT A notary p4blic oEpKer officer completing this certificate verifies only the iddatittytf 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 ORANGE) On Ma4.cN 5 zoii before me,J6lyndroaAMN MvLvc-1, Notary Public, personally appeared ON'te M ifr- who proved to me on the basis of satisfactory evidence to be the person whose name is subscribed to the within instrument and acknowledged to me that slhe executed the same in his/her authorized capacity(ies), and that by his/Mer signature on the instrument the person, or the entity upon behalf of which the person(&) 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. JENNIFER ANN MULVEY Commission # 2045022 Signatur i e Notary Public - California z Seal Orange county ( ) M Ccmm. Expires Oct 12, 2017' '02FIR TiFUR Page E-3 EXHIBIT "A" PROPERTY LEGAL DESCRIPTION AND DEPICTION 101 McFadden Place, Newport Beach, CA Assessor's Parcel Number: 047-300-01 Blocks A-21 to A-29, both inclusive, and A-30, and A-31 of Newport Beach Tract (amended), all in the City of Newport Beach, County of Orange, State of California as shown on map recorded in Book 3, Page 26 of Miscellaneous Maps in the Office of the Orange County Recorder of said County. National Link, Incorporated Page E-4 0 ,�, Y AL8048��y •.• 4 Y CE:W ^N {Cl 0 ,�, Y AL8048��y •.• 4 Y CE:W ^N