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HomeMy WebLinkAboutC-7203-10 - Beacon Bay, 24 - Termination of Leasehold 20131 M N L:?i�i �:` ! r ak ;T►� ��;T TIT! ECOMPANIY 1 r 1 !r-Rrded in Official Records, Orange County HUNguyen, Clerk-Recorder Recording Requested By t - . , NI1I I IIII I III III II II II II III IIII IIIIIIIII III 18.00 CJ and When Recorded Return To: R o a a 6 3 1 5 1 1 z$ 2013000623557 4:20 pm 11/08/13 City of Newport Beach ' `_ 232 403 701 F13 4 100 Civic Center Drive ' 0.00 0.00 0.00 0.00 9.00 0.00 0.00 0.00 P.O. Box 1768 Newport Beach, California 92658-8915 Attn: City Clerk (SPACE ABOVE THIS LINE FOR RECORDER'S USE) TERMINATION OF LEASEHOLD This agreement is made this day of November, 2013, by and between the CITY OF NEWPORT BEACH, hereinafter called "Lessor", and George S. Hedley III and Alana M. Hedley, Co -Trustees of the Hedley Living Trust, July 16, 2004, hereinafter called "Lessee". RECITALS A. Lessor and Lessee executed a lease on December 1, 2004, and subsequently recorded December 20, 2004, by the County Recorder of Orange County, California as Instrument No. 2004001124356. By the terms of the lease, the following described property was leased to Lessee until July 1, 2044. Lot 24 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 their obligations under the lease. AGREEMENT Lessee agrees to terminate the lease as described herein above as of November 2013, 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] hf ;"'i_-'E�.; ; Y L �; loiv��,l ,_ TITLE :_E �.:G'Nl!'A�tY 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 (SPACE ABOVE THIS LINE FOR RECORDER'S USE) TERMINATION OF LEASEHOLD This agreement is made this day of November, 2013, by and between the CITY OF NEWPORT BEACH, hereinafter called "Lessor", and George S. Hedley III and Alana M. Hedley, Co -Trustees of the Hedley Living Trust, July 16, 2004, hereinafter called "Lessee". RECITALS A. Lessor and Lessee executed a lease on December 1, 2004, and subsequently recorded December 20, 2004, by the County Recorder of Orange County, California as Instrument No. 2004001124356. By the terms of the lease, the following described property was leased to Lessee until July 1, 2044. Lot 24 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 their obligations under the lease. AGREEMENT Lessee agrees to terminate the lease as described herein above as of November 2013, 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 ff TJHE CITY ATTORNEY Date: / q � ( M Aaron Harp City Attorney Leilani I. Brown City Clerk .a a�PO R N� 2 CITY OF NEWPORT BEACH, A Californ�i M�unicipal corporation Date: 1//7//2 -- �;rKlt LI,IM David Kiff City Manager LESSEE Date: /��Z�113 George S. Hedleynl, Co -Trustee Hedley Living Trust, est. July 16, 2004 Date: ib ' 2-5113 By: a&4,4- & . Alana M. Hedley, Co -Trustee Hedley Living Trust, est. July 16, 2004 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT State of California County of / (� /� // On ) before me, K- , jam\ Illi .� Date Here Insert N personally appeared a Place Notary Seal Above ZX; who proved to me on the basis of satisfactory evidence to be the person&whose namegXqa e ubscribed to the within instrument and acknowledged to me that her%sleexecuted the same in hiS/ eir uthorized capaci and that by l%1-II6Ir ignature&9on the instrument the persorl,(�, or the entity upon behalf of which the person(aacted, 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 Signature OPTIONAL Though the information below is not required by law, it may prove and could prevent fraudulent removal and reattachment Description of Attached Title or Type of Document: Document Date: Signer(s) Other Than Named Above: Capacity(ies) Claimed by Signer(s) Signer's Name: ❑ Individual ❑ Corporate Officer —Title(s): _ ❑ Partner — ❑ Limited ❑ General ❑ Attorney in Fact ❑ Trustee ❑ Guardian or Conservator ❑ Other: Signer Is Representing RIGHTTHUMBPRINT OF SIGNER .p of thumb here cial seal Signature of Notary Public persons relying on the document 1 to another document. Number of Pages: Signer's Name: ❑ Individual ❑ Corporate Officer — Title(s): ❑ Partner—E] Limited ❑ General ❑ Attorney in Fact ❑ Trustee ❑ Guardian or Conservator ❑ Other: Signer Is Representing: RIGHTTHUMBPRINT OF SIGNER .p of thumb here ©2007 National Notary Association • 9350 De Soto Ave., P.O. Box 2402 • Chatsworth, CA 91313-2402 • www.NationaiNotaryorg Item #5907 Reorder: Call Toll -Free 1-800-876-6827 ° R. JASON MILLER a Commission # 1952803 z ;�:.... ., Notary Public - California z z z �. My Orange County D Comm. Expires Sep 18, 2015 Place Notary Seal Above ZX; who proved to me on the basis of satisfactory evidence to be the person&whose namegXqa e ubscribed to the within instrument and acknowledged to me that her%sleexecuted the same in hiS/ eir uthorized capaci and that by l%1-II6Ir ignature&9on the instrument the persorl,(�, or the entity upon behalf of which the person(aacted, 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 Signature OPTIONAL Though the information below is not required by law, it may prove and could prevent fraudulent removal and reattachment Description of Attached Title or Type of Document: Document Date: Signer(s) Other Than Named Above: Capacity(ies) Claimed by Signer(s) Signer's Name: ❑ Individual ❑ Corporate Officer —Title(s): _ ❑ Partner — ❑ Limited ❑ General ❑ Attorney in Fact ❑ Trustee ❑ Guardian or Conservator ❑ Other: Signer Is Representing RIGHTTHUMBPRINT OF SIGNER .p of thumb here cial seal Signature of Notary Public persons relying on the document 1 to another document. Number of Pages: Signer's Name: ❑ Individual ❑ Corporate Officer — Title(s): ❑ Partner—E] Limited ❑ General ❑ Attorney in Fact ❑ Trustee ❑ Guardian or Conservator ❑ Other: Signer Is Representing: RIGHTTHUMBPRINT OF SIGNER .p of thumb here ©2007 National Notary Association • 9350 De Soto Ave., P.O. Box 2402 • Chatsworth, CA 91313-2402 • www.NationaiNotaryorg Item #5907 Reorder: Call Toll -Free 1-800-876-6827 CALIFORNIA•.ACKNOWLEDGMENT CIVIL CODE § 1189 C_c��C_w.C_a'.T _a _s�C�v�. S..ca•_.�C��C�C�C.cv��C_�C_.� _saC_c�C_. Ca .��C_�C vv�C_s�C_ca �C�._aC�C� �C���Y.�` _c�N,saC_�..s��C_�R��C.. State of California County of (7P_ riN L,-: On N0,4C!'%E'C F ( 2�_. before me, jC"I tFrs2 �Ubt_kC Date Here Insert Name and Title of the Officer personally appeared STLvC BRO Name(s) of Signer(s) who proved to me on the basis of satisfactory evidence to be the person, %r whose nameX Ward' subscribed to the within instrument and acknowledged to me that he/s1+lt14ey executed the same in hisQW/tbefr authorized capacity,(ies°r and that by his/lair/tb&r signature(s'J on the instrument the person(, or the entity upon behalf of which the personke 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 han andoffsal. Place Notary Seal Above Signature: ()_��gnatur o otary P lic 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: Number of Pages: 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: Signer's Name: ❑ Corporate Officer— Title(s): ❑ Partner — ❑ Limited ❑ General ❑ Individual ❑ Attorney in Fact ❑ Trustee ❑ Guardian or Conservator ❑ Other: Signer Is Representing: G<�y' �:'✓4�✓..'✓S'�9�4'✓.'.•rS�'.ri-✓6'•✓.�✓�✓4�%/�•✓'✓4'•✓.C✓.'✓/.�rr.6'•✓: �.'ai:'• 4'✓ tr,-• ✓ �.✓iJ.�G�G�✓6C✓i'•✓"6�`✓6�✓Sed/!�•✓..0,".'✓ '✓Gv� y. • • • • • I N 11 W • • • i�� • i�• i • •i •� JENNIFER ANN MULVEY Commission # 2045022 IL Z ;p� s Notary Public - California Z Orange County My Comm. Expires Oct 12, 2017 Name(s) of Signer(s) who proved to me on the basis of satisfactory evidence to be the person, %r whose nameX Ward' subscribed to the within instrument and acknowledged to me that he/s1+lt14ey executed the same in hisQW/tbefr authorized capacity,(ies°r and that by his/lair/tb&r signature(s'J on the instrument the person(, or the entity upon behalf of which the personke 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 han andoffsal. Place Notary Seal Above Signature: ()_��gnatur o otary P lic 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: Number of Pages: 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: Signer's Name: ❑ Corporate Officer— Title(s): ❑ Partner — ❑ Limited ❑ General ❑ Individual ❑ Attorney in Fact ❑ Trustee ❑ Guardian or Conservator ❑ Other: Signer Is Representing: G<�y' �:'✓4�✓..'✓S'�9�4'✓.'.•rS�'.ri-✓6'•✓.�✓�✓4�%/�•✓'✓4'•✓.C✓.'✓/.�rr.6'•✓: �.'ai:'• 4'✓ tr,-• ✓ �.✓iJ.�G�G�✓6C✓i'•✓"6�`✓6�✓Sed/!�•✓..0,".'✓ '✓Gv� y. • • • • • I N 11 W • • • i�� • i�• i • •i •�