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HomeMy WebLinkAboutC-8513-3 - Beacon Bay, 22 - Termination of Leasehold 2017RECORDED AT THE REQUEST OF CHICAGO "TITLE COMPANY Recording Requested By and When Recorded Return To: City of Newport Beach 100 Civic Center Drive P.O. Box 1768 Newport Beach, California 92658-8915 Attn: City Clerk Recorded in Official Records, Orange County Hugh Nguyen,Clerk-Recorder IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII 21.00 $ R 0 0 0 9 4 4 5 7 4 9$+ 20170003102912:51 pm 07127117 65 401 T05 F13 5 0.00 0.00 0.00 0.00 12.00 0.00 0.00 0.00 (SPACE ABOVE THIS LINE FOR RECORDER'S USE) TERMINATION OF LEASEHOLD This Termination of Leasehold is made this 2a�"day of July, 2017, by and between the CITY OF NEWPORT BEACH, hereinafter called "Lessor", and Chad E. Steelberg and Cristina M. Steelberg, husband and wife, as community property, hereinafter called "Lessee". RECITALS A. Lessor and Lessee executed a lease on May 19, 2000, for which a Memorandum of Lease was recorded May 19, 2000, by the County Recorder of Orange County, California as Instrument No. 20000265769. By the terms of the Lease, the following described property was leased to Lessee until July 1, 2044, Lot 22 and that portion of Lot H fronting Lot 22 and extending Northward 32 feet, and that portion of Lot I fronting Lot 22 and extending Southward 28 feet to the U.S. bulkhead line, 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. B. Lessee desires to terminate said Lease and all rights to the possession of the Lease premises and to release Lessor from its obligations under the Lease, and Lessor desires to accept said termination and to release Lessee from his obligations under the Lease. AGREEMENT Lessee agrees to terminate the Lease as described herein above as of July Vim, 2017, and Lessor agrees to accept such termination, and Lessor and Lessee agree to discharge and release each other from all obligations under the Lease as of said date. [SIGNATURES ON NEXT PAGE] RECORDED AT THE REQUEST OF CHICAGO TITLE COIu1PANY Recording Requested By and When Recorded Return To: City of Newport Beach 100 Civic Center Drive P.O. Box 1768 Newport Beach, California 92658-8915 Attn: City Clerk (Exempt From Recording Fees Pursuant to Government Code § 27383) (SPACE ABOVE THIS LINE FOR RECORDER'S USE) TERMINATION OF LEASEHOLD This Termination of Leasehold is made this ja "day of July, 2017, by and between the CITY OF NEWPORT BEACH, hereinafter called "Lessor", and Chad E. Steelberg and Cristina M. Steelberg, husband and wife, as community property, hereinafter called "Lessee". RECITALS A. Lessor and Lessee executed a lease on May 19, 2000, for which a Memorandum of Lease was recorded May 19, 2000, by the County Recorder of Orange County, California as Instrument No. 20000265769. By the terms of the Lease, the following described property was leased to Lessee until July 1, 2044. Lot 22 and that portion of Lot H fronting Lot 22 and extending Northward 32 feet, and that portion of Lot I fronting Lot 22 and extending Southward 28 feet to the U.S. bulkhead line, 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. B. Lessee desires to terminate said Lease and all rights to the possession of the Lease premises and to release Lessor from its obligations under the Lease, and Lessor desires to accept said termination and to release Lessee from his obligations under the Lease. AGREEMENT Lessee agrees to terminate the Lease as described herein above as of July 14, 2017, and Lessor agrees to accept such termination, and Lessor and Lessee agree to discharge and release each other from all obligations under the Lease as of said date. [SIGNATURES ON NEXT PAGE] IN WITNESS WHEREOF, the Parties have caused this Termination of Leasehold to be executed on the dates written below. APPROVED AS TO FORM: OFFICE OF THE CITY ATTORNEY Date: NM 0141111T Aaron Harp City Attorney ATTEST: , 11 Date: i �� & Leilani I. Brown City Clerk CITY OF NEWPORT BEACH, a California municipal corporation Date: -1 � Z':; 11::1' By: David Kiff City Manager u!dLXqyT Chad E. Steelberg LESSEE Date: (� By: Cristina M. Steelberg 2 I.W=10171 111, Leilani I. Brown City Clerk CITY OF NEWPORT BEACH, a California municipal corporation Date: -1 � Z':; 11::1' By: David Kiff City Manager u!dLXqyT Chad E. Steelberg LESSEE Date: (� By: Cristina M. Steelberg 2 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 CI Corm v of SS. before Notary who proved to Jrie on the basis of satisfactory evidence to be the person(s) whose name((,$) ls[are subscribed to the within instrument and acknowledged to me that he/she/they executed the same inh3i/her/their authorized capacity(ies), and that byj�i/her/their signatures(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 and and official seal. Signature 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 On me, (seal) KATANN CARDER Notary fyPublic - California Orange County ? Commission N 2158624 MxComm. fa iraa Jun 30 2020 Public, p9sonally appearedroved to me on the basis of satisfactory evidence to be the person(s) whose name(- is/are subscribe(no 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 signatures(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 e and correct. ITNES y hand and official seal. Signature (seal) 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 Public, pe{%orially appeared( C7, j , �k )"c4� C¢ o �.P&A,<�i4o proved to „ane on the basis of satisfactory evidence to be the pew Wg(s) whose name(s) is/are subsc tamed to the within instrument and acknowledged to me that he/s /they executed the same in his/her/their authorized capacity(ies), and that by his/ er/their signatures(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. WI'T'NESS my h nd and official seal. / Signature (seal) IQ KATHLEEN ANN CARDER Notary Public - Calitorroa Orange County Commission M 2158624 M Comm. Ea tree Jun 30,202o '© 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 County of hAANCsE }ss. On JULA Zsp 120 V1 before me, ,)ENN1f1:%G liter V\Ay%.JSH , Notary Public, personally appeared b4yrc IL\ FF , who proved to me on the basis of satisfactory evidence to be the person(s�-whose name4is/are-s�bed to the within instrument and acknowledged to me that he/ske4ltey executed the same in his/herMteir authorized capacity(ies)rand that by his/herAheir signatures(s}on the instrument the person(4, 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. JENNIFER ANN MULVEY WITNESS my hand and official seal. Commission * 2045022 < -=� Notary Public - California Z Orange County �^ M Comm. Expires Oct 12, 2017 t N� —+ Signature (seal) CJ