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HomeMy WebLinkAboutC-5803(E) - Beacon Bay, 48 - Termination of Leasehold 2010RECORDING ICOR T QUESTED BY TUSTTIINN-OR �E I BRANCH RECORDING REQUESTED BY AND WHEN RECORDED RETURN TO: City Manager's Office City of Newport Beach 3300 Newport Boulevard Newport Beach, CA 92663 This Document was electronically recorded by Zang Recording Services GG_B Recorded in Official Records, Orange County Tom Daly, Clerk -Recorder 1111111111111111111111111111111111111111111111111111111111111111118.00 2010000311343 04:30pm 06/30/10 93 401 T01 5 0.00 0.00 0.00 0.00 12.00 0.00 0.00 0.00 TERMINATION OF LEASEHOLD This agreement is made this 2 &J day of UN e 2010, by and between the CITY OF NEWPORT BEACH, hereinafter called "Lessor", and Thomas H. Grimstad and Valerie Grimstad, husband and wife as joint tenants, hereinafter called "Lessee". RECITALS A. Lessor and Lessee executed a lease on August 31, 2007, and subsequently recorded August 31, 2007, by the County Recorder of Orange County, California as Instrument No. 2007000542246. By the terms of the lease, the following described property was leased to Lessee until July 1, 2044. 52e g1}gcV�t�i 12�­X tJescx-op � t/I8 f thsVuWn oryfhe nSap'filed' in B9r �; es A'l�l onyta eyerFd 6f �rlryrrfh Ice f the un Rec r, C unty Or g Stat of of nia. 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 and vacate the premises as described herein above as of0- Jfa. 90/0 , and Lessor agrees to accept such termination and the premises, and Lessor and Le see agree to discharge and release each other from all obligations under the lease as of said date. Executed at Newport Beach, California, on the day and year first above written. CITY OF NEWPORT BEACH BY: C,.. Lessor: Cio Manager BY: igz21�%r2'l �filysG�i� Lessor: Thomas H. Grimstad BY: Loj� t""' Lessee: Valerie Grimstad CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT State of California County of rm ti On before me, (o L)LCAn1 WA64AI r� NUAP-Y FL&A L Dalle Here Insect Name and AM. of the Officer personally appeared �a�id fit{ ae"WoL. WASHINGTON Commf+slon N 1840150 Notary Pillarge • C+tHornl Onn" County COMM.UV 2.20 E+ .. Um t Place Notary Seal and/or Stamp Above OPTIONAL Though the information below is not required by law, it may prove valuable to persons relying on the document and could prevent fraudulent removal and reattachment of this form to another document. who proved to me on the basis of satisfactory evidence to be the person(e) whose name(s) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/herkheir authorized capacity(ies), and that by his/heAheir signature(e) on the instrument the person(e), or the entity upon behalf of which the persori 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. WITNESSmy ha d ffi/cial seal. Signature: Signature of Notary Public Description of Attached Title or Type of Document:,_ Document Date: Signer(s) Other Than Named Above: A Number of Pages: Capacity(ies) Claimed by Signer(s) Signer's Name: Signer's Name: ❑ Corporate Officer — Title(s): ❑ Individual ❑ Partner— ❑ Limited ❑ General Top of thumb here ❑ Attorney in Fact ❑ Trustee ❑ Guardian or Conservator ❑ Other: Signer Is Representing: ❑ Corporate Officer — Title(s): ❑ Individual ❑ Partner — ❑ Limited ❑ General ❑ Attorney in Fact ❑ Trustee ❑ Guardian or Conservator ❑ Other: Signer Is Representing: RIGHT THUMBPRINT OF SIGNER I- 020()8 National Notary Association • 9350 Be Solo Ave., P.O. Box 2402 • Chaa north, CA 9131 W402 • vm v.Naliona1Nolary.org Item #590] Reorder: Call Tall -Free 1-800-8]6-682] CALIFORNIA ALL-PURPOSE ACKNOWLEDGEMENT STATE OF CALIFORNIA } ^ } S.S. COUNTY OF V {( On A r Q -I L ) 6 dD1a before me, P' Wq t 1 ^ a Notary Public in and for said state, personally appeared —1 ar H. 6;; -.s-u q G a Vg/CM Z L r''sf�dp , who proved to me on the basis of satisfactory evidence to be the person(s) whose name(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. Signature LP— WaAA.L- =1 III1Make I I It 011111 MI IMM". S L. R WALIN _. COMM. #1682353 <� ' OPANX COUNTY 1a Mr Cm Eq),k9 123.2D13: �n1-•...•--.tnlonelnn•re...� ..,,IP OPTIONAL SECTION CAPACITY CLAIMED BY SIGNER This area for official notarial seal. Though statute does not require the Notary to fill in the data below, doing so may prove invaluable to persons relying on the document. [ ] INDIVIDUAL [ ] CORPORATE OFFICER(S) TITLE(S) [ ] PARTNER(S) — [ ] LIMITED [ ] GENERAL [ ] ATTORNEY-IN-FACT [ ] TRUSTEE(S) [] GUARDIAN/CONSERVATOR [] OTHER SIGNER IS REPRESENTING: Name of Person or Entity Name of Person or Entity OPTIONAL SECTION THIS CERTIFICATE MUST BE ATTACHED TO THE DOCUMENT DESCRIBED BELOW TITLE OR TYPE OF DOCUMENT: NUMBER OF PAGES DATE OF DOCUMENT SIGNER(S) OTHER THAN NAMED ABOVE LEGAL DESCRIPTION THE LAND REFERRED TO HEREIN BELOW IS SITUATED IN THE COUNTY OF ORANGE, STATE OF CALIFORNIA, AND IS DESCRIBED AS FOLLOWS: LOT 48 OF BEACON BAY SUBDIVISION, IN THE CITY OF NEWPORT BEACH, COUNTY OF ORANGE, STATE OF CALIFORNIA, AS PER MAP RECORDED IN BOOK 9, PAGE(S) 42 AND 43 OF RECORD OF SURVEYS, IN THE OFFICE OF THE COUNTY RECORDER OF SAID COUNTY.