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HomeMy WebLinkAboutC-7204-8 - Beacon Bay, 28 - Assignment of Lease to Trust and Acceptance by Trustee 2001CONFORMED COPY Not Compared with Onglnal Recording Requested By and When Recorded Mail To: Stradling Yocca Carlson & Rauth 660 Newport Center Drive, Suite 1600 Newport Beach, California 92660 Attn: John J. Swigart, Jr., Esq. Recorded in Official Records, County of Orange Gary Granville, Clerk -Recorder 1111111 VIII VIII VIII VIII VIII VIII VIII VIII VIII VIII 18.00 2001014989411:36am 03115101 102 48 A30 A04 4 0.00 0.00 0.00 0.00 6.00 0.00 0.00 0.00 above for ASSIGNMENT OF LEASE TO TRUST AND ACCEPTANCE BY TRUSTEE The undersigned, MERLE H. AMUNDSON and MARY C. AMUNDSON, husband and wife, as joint tenants, hereby transfer and assign to MERLE H. AMUNDSON, as Trustee of the MERLE H. AMUNDSON AND MARY C. AMUNDSON FAMILY TRUST dated May 16, 1985 and established by MERLE H. AMUNDSON and MARY C. AMUNDSON as Trustors, without recourse, all of their right, title and interest in and to that certain Lease dated July 22, 1997, executed by and between the CITY of NEWPORT BEACH, as Lessor, and MERLE H. AMUNDSON and MARY C. AMUNDSON, as Lessees, more particularly described in Exhibit "A" attached hereto and incorporated herein by this reference, together with assignors' interest in all buildings and other improvements on said land. The real property which is the subject of this assignment of leasehold interest is commonly known as 28 Beacon Bay, Newport Beach, CA 92660. DATED: c, �-- , 2001 MERLE H. AMUNDSON DOCSOC\806782v1 \I 3554.0000 EXHIBIT "A" A Leasehold Estate as created by that certain Lease dated July 22, 1997, executed by the City of Newport Beach as Lessor, and by Merle H. Amundson and Mary C. Amundson, husband and wife, as joint tenants, as Lessee, upon and subject to all of the provisions as therein contained, which lease was recorded on July 22, 1997 as Instrument No. 97-344282 of Official Records of said Orange County. All that certain land situated in the City of Newport Beach, described as follows: Lot No. 28, in the City of Newport Beach, County of Orange, State of California, as per Record of Survey Map filed in Book 9, Pages 42 and 43 of Record of Surveys, in the Office of the County Recorder of said County. A. P. N. 988-88-029 DOCSOC\806782vl \13554.0000 ACCEPTANCE The undersigned, as Trustee of the above -referenced trust and the assignee named in the foregoing assignment, hereby accepts said assignment and agrees, for the benefit of the Lessor under said Lease, to keep, perform and be bound by all of the terms, covenants, and conditions contained in said Lease on the part of the Lessee therein to be kept and performed, to all intents and purposes as though the undersigned Assignee were the original Lessee thereunder and hereby assumes and agrees to pay and perform all obligations described in said Lease. The undersigned Assignee further covenants and agrees that he has examined the leased land and that no representations or warranties have been made by Lessor or any person or agent acting for Lessor to Assignee in connection with the leased land. Assignee accepts the leased land "AS IS." MERLE H. .% .T' DOCSOC\806782v t \13554.0000 STATE OF CALIFORNIA COUNTY OF ORANGE On POAJA � 12001, before me, $ec, (& 1J=n ,Notary Public, personally appeared MERLE H. AMUNDSON and MARY C. AMUNDSON, [ ] personally known to me -ORproved to me on the basis of satisfactory evidence to be the persons whose names are subscribed to the within instrument and acknowledged to me that they executed the same in their authorized capacity, and that by their signatures on the instrument the persons, or the entity upon behalf of which the persons acted, executed the instrument. Witness my hand and official seal. (Signature ojNotary) Capacity claimed by signers: Individual STATE OF CALIFORNIA COUNTY OF ORANGE BECKIE BROWN 44&My COMM. #1287976(n�Notary Public -California wORANGE COUNTY Comm. Exp. Jan. 18, 1005 On VAA C/l , 2001, before me, D"k RWwh ,Notary Public, personally appeared MERLE H. AMUNDSON, [ ] personally known to me -OR-A 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 he executed the same in his authorized capacity, and that by his signature on the instrument the person, or the entity upon behalf of which the person acted, executed the instrument. Witness my hand and official seal. �Al t ti (Signature of Notary) 77 BECKIE BROWN •-11 COMM.#1287976 M tMM ter ' Notary PublicCallfomia ORANGE COUNTY My Comm. Exp. Jan. 18, 1005 Capacity claimed by signers: Trustee of the Merle H. Amundson and Mary C. Amundson Family Trust dated May 16, 1985 DOCSOC\8067820\13554.0000