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HomeMy WebLinkAboutC-7251-13 - Beacon Bay, 11 - MOL 2002RECORDING REQUESTED BY: CALIFORNIA TITLE COMPANY RECORDING REQUESTED BY AND WHEN RECORDED RETURN TO City Manager's Office �i City of Newport Beach 3300 Newport Boulevard Newport Beach, CA 92663 This Document—is electronically recorded by ,al Title MV Recorded in Official Records,County of Orange Darlene Bloom, Interim Clerk -Recorder ��I��IUIIIU�IVuIUI�����IVUIVI�VI� NO FEE 20020452700 08:00am 05/30/02 200 25 M11 5 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 6" MEMORANDUM OF LEASE HIS MEMORANDUM OF LEASE is made and entered into by and between THE CITY OF NEWPORT BEACH, a chartered municipal corporation, herein called "Lessor", and J. HUGH DUNCAN and BARBARA JEANN DUNCAN, husband and wife, herein called "Lessee", to witness that: Ex -e rp - A -e or-dtn y per &a,/. cods cPiv3 Lessor hereby leases to Lessee, commencing on �� �� �o�o� and ending on July 1, 2044, on the terms and conditions set forth in that ertain lease by and between the parties hereto dated M&q 9?Q�L , all the terms and conditions of which lease are made a part hereof aV though fully set forth herein, all those certain premises in the County of Orange, State of California, described as follows: Lot 11 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. EXECUTED on b 2002, at Newport Beach, Orange County, California. NO D'—ICLliMrNTARliT'RAN,.-aFER TAC DUE. SAID LEASE 1S FQF1 LESS THAN 99 Ys AR—$, CITY CLERK APPROVED AS TO FORM: CI Y ATTORNEY LESSOR THE CITY OF NEWPORT BEACH ITY MANA R: Homer Bludau Less e� Hugh Duncan Lessee: Barbar Jeann Duncan CALIFORNIA ALL-PURPOSE ACKNOWLEDGEMENT STATE OF CALIFORNIA )SS COUNTY OFl���� ) before personally known to me (or liroveato rde on the basis of satisfactory evidence) to be the person(s) whose name(s) *are subscribed to the within instrument and acknowledged to me thathelsitie/they executed the same in ltiRhmr/their authorized capacity(ies) and that by hi@Awetheir signature(s) on the instrument the person(s) or the entity upon behalf of which the person(s) acted, executed the instrument. WITNESS my }rand and o ic'al seal. Signatu e ° OPTIONAL SECTION CAPACITY CLAIMED BY SIGNER HOWARD R. SPANIER T 04 " Comm. #1307883 F_ "NOTARYPUBLIC-CALIFORNIA n [l. i`"" LOS ANGELES COUNTY tatial 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. [ NDIVIDUAL ] CORPORATE OFFICER(S) [ ] PARTNER(S) - [ ] LIMITED [ ] GENERAL [ ] ATTORNEY-IN-FACT ] TRUSTEE(S) ] GUARDIAN/CONSERVATOR ] OTHER SIGNER IS REPRESENTING: Name of Person or Entity TITLE(S) Name of Person or Entity OPTIONAL SECTION Though the date requested here is not required by law, it could prevent fraudulent reattachment of this form. THIS CERTIFICATE MUST BE ATTACHED TO THE DOCUMENT DESCRIBED BELOW TITLE OR TYPE OF DOCUMENT: NUMBER OF PAGES SIGNER(S) OTHER THAN NAMED ABOVE DATE OF DOCUMENT CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT �� _- ___,« r __ _.�f .,<<, _ - `,�.�:= �,�. _. �� < •. �, _. �-ter State of California ss. County of t11� On A I 'D�_6_47 before me,l Date personally appeared 0 CATHY FISHER Commission # 1341009 Z -A Notary Public - California ZOrange County hit Comm. Fires Feb 21, 2006 Place Notary Seal Above puJil " and Title of Officer (e.g., "Jane Doe, Notary Name(s) of Signer(s) personally known to me ❑ proved to me on the basis of satisfactory evidence to be the perso (s) whose nam(s) is/re subscribed to the within instfom ent and acknowledged to me that he/s they, xecuted the sam in his/her their uthor capacity es), and that his/he e 1 signatu s n the instrument the perso (s or the entity upon behalf of which the perso(s acted, executed the instrument. WCSS my hand andoffi 'al seal. 9LA- Signatur of tary Public C ` 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. Description of Attached Title or Type of Document: , mens 0-�" 0 e,4_,_N-k_ Document Date: Number of Pages: Signer(s) Other Than Named Above: Capacity(ies) Claimed by Signer Signer's Name: ❑ Individual ❑ Corporate Officer— Title(s): ❑ Partner — ❑ Limited ❑ General ❑ Attorney in Fact ❑ Trustee ❑ Guardian or Conservator ❑ Other: Signer Is Representing: RIGHT THUMBPRINT OF SIGNER .. of thumb here © 1999 National Notary Association • 9350 Be Soto Ave., P.O. Box 2402 • Chatsworth, CA 91313-2402 • www.nationalnotary.org Prod. No. 5907 Reorder: Call Toll -Free 1-800-876-6827 r r . RADLEY L. JACOBS - COUNTY ASSESSuR COUNTY OF ORANGE P.O. BOX 1948, SANTA ANA, CA 92702 Escrow: 21550 -BF PRELIMINARY CHANGE OF OWNERSHIP REPORT THIS REPORT IS NOT A PUBLIC DOCUMENT (To be completed by transferee (buyer prior to transfer of subject property in accordance with Section 480.3 of the Revenue and Taxation Code.) This report is not a public document. SELLER/TRANSFEROR: The David L. and Linda L. Roberson Trust BUYER/TRANSFEREE: J. Hugh Duncan Barbara Jeann Duncan ASSESSOR'S PARCEL NUMBER(S): and,(if applicable) LEGAL DESCRIPTION: LOT: TRACT: PROPERTY ADDRESS: OR LOCATION: 11 Beacon Bay Newport Beach, CA 92660 Mail Tax Information To: (Name): J. Hugh Duncan & Barbara Jeann Duncan (Address): 26908 Malibu Cove Colony Malibu, CA 90265 FOR RECORDER'S USE ONLY A preliminary Change of Ownership Report must be filed with each conveyance in the County Recorder's office for the county where the property is located; this particular form may be used in all counties of 58 California. The property which you acquired may be subject to a supplemental assessment in an amount to be determined by the Orange County Assessor. For further information on your supplemental tax roll obligation, please call the Orange Countv Assessor at (714) 834-5031. PART I: TRANSFER INFORMATION Please answer all questions FOR ASSESSOR'S USE ONLY CLUSTER Oct OC2 DT INT RC SP$ DTT$ //PCL A preliminary Change of Ownership Report must be filed with each conveyance in the County Recorder's office for the county where the property is located; this particular form may be used in all counties of 58 California. The property which you acquired may be subject to a supplemental assessment in an amount to be determined by the Orange County Assessor. For further information on your supplemental tax roll obligation, please call the Orange Countv Assessor at (714) 834-5031. PART I: TRANSFER INFORMATION Please answer all questions [ ]Yes [No A. Is this transfer solely between husband and wife? (addition of a spouse, death of a spouse, divorce settlement, etc.) [ ]Yes [ ]No B. Is this transaction only a correction of the name(s) of the person(s) holding title to the property? (For example,a name change upon marriage.) [ ] Yes[No C. Is this document recorded to create, terminate, or reconvey a lender's interest in the property? [ ]Yes [ ]No D. Is this transaction recorded only to create, terminate, or reconvey a security interest (e.g. consigner)? [ ]Yes [ f]No E. Is this document recorded to substitute a trustee under a deed of trust, mortgage, or similar document? [ ]Yes [ VINo F. Did this transfer result in the creation of a joint tenancy in which the seller (transferor) remains as one of the joint tenants? [ ]Yes [ vINo G. Does this transfer return property to the person who created the joint tenancy (original transferor)? H. Is this transfer of property: [ ]Yes [ ✓]No 1. to a trust for the benefit of the grantor, or grantor's spouse? [ ]Yes[ ✓]No 2. to a trust revocable by the transferor? [ ]Yes [ ]No 3. to a trust from which the property reverts to the grantor within 12 years? [.ti/']Yes [ ]No I. If this property is subject to a lease, is the remaining lease term 35 years or more including written options: l—A..ry Lw;-� [ ]Yes [ velNo J. Is this a transfer from parents to children or from children to parents? [ ]Yes [ O' No K. Is this transaction to replace a principal residence by a person 55 years of age or older? [ ]Yes [ vlNo L. Is this transaction to replace principal residence by a person who is severely disabled as defined by Revenue and Taxation Code Section 69.5? If you checked yes to J, K, or L, an applicable claim form must be filed with the County Assessor. Please provide any other information that would help the Assessor to understand the nature of the transfer. IF YOU HAVE ANSWERED "YES" TO ANY OF THE ABOVE QUESTIONS EXCEPT J, K, OR L, PLEASE SIGN AND DATE, OTHERWISE COMPLETE BALANCE OF THE FORM. PART H: OTHER TRANS + E R INFORMATION A. Date of transfer if other than recording date: B. Type,of transfer. Please check appropriate item. [ ✓]Purchase [ ]Foreclosure [ ]Gift [ ]Trade or Exchange [ ]Merger, Stock, or Partnership Acquisition [ ]Contract of Sale - Date of Contract [ ]Inheritance - Date of Death [ ] Other (please explain): [ ]Creation of a Lease [ ] Assignment of a Lease [ ]Termination of a Lease Date Lease Began Original term in years (including written options) Remaining term in years (including written options) C. Was only a partial interest in the property transferred? [ ]Yes [ ]No If 'Yes' indicate the percentage transferred: o AS-SV25 SBE -ASD AH 502-A FRONT 1-8-92 PRELIMINARY CHANGE OF OWNERSHIP REPORT Escrow: 21550 -BF Please answer, to the best of your knowledge, all applicable questions, sign and date. If a question does not apply, indicate with 'N/A'. PART III: PURCHASE PRICE & TERMS OF SALE A. CASH DOWN PAYMENT or Value of Trade or Exchange (excluding closing cost) B. FIRST DEED OF TRUST @ % Interest for years. Payments/Mo. = $ [ ] FHA [ ] Fixed Rate [ [ ] Conventional [ ] Variable Rate [ [ ] VA [ ] All Inclusive D.T. $ Wrapped) [ [ ] Cal -Vet [ ] Loan Carried by Seller [ Balloon Payment [ ] Yes [ ] No Due Date Amount $ Amount $ (Prin. & Int.) Amount $ ] New Loan ] Assumed Existing Loan Balance ] Bank or Savings & Loan ] Finance Company C. SECOND DEED OF TRUST rQ % Interest for _ years. Payments/Mo. _$_ (Prin. & Int.) Amount $ [ ] Bank or Savings & Loan [ ] Fixed Rate [ ] New Loan [ ] Loan Carried by Seller [ ] Variable Rate [ ] Assumed Existing Loan Balance Balloon Payment [ ] Yes [ ] No Due Date Amount $ D. OTHER FINANCING - Is other financing involved not covered in (B) and (C) above? [ Type 0 % Interest for years. Payments/Mo. = $ [ ] Bank or Savings & Loan [ ] Fixed Rate [ ] Loan Carried by Seller [ ] Variable Rate Balloon Payment [ ] Yes [ ] No Due Date E. IMPROVEMENT BOND [ ] Yes [ ] No Outstanding Balance: Amount $ ] Yes [ ] No Amount $ —(Prin. & Int. only) [ ] New Loan [ ] Assumed Existing Loan Balance Amount $ F. TOTAL PURCHASE PRICE (or acquisition price, if traded or exchanged, include real estate commission if paid). I i Total Items A through E i $ /t ' G. PROPERTY PURCHASED: Through a broker: [ ] Direct fro seller: [ Other If purchased through a bro pro ' e broker's name and phone n'. : I I Please explain any special terms or financing and any other informatio f that would h6lp'the!�ssegsof imdel9tand purchase price and terms of sale. PART IV: PROPERTY INFORMATION A. IS PERSONAL PROPERTY INCLUDED IN PURCHASE PRICE (other than a mobilehome subject to local property tax)? [ ] Yes [ef'No If 'Yes', enter the value of the personal property included in the purchase price $ (Attach itemized list of personal property). IS THIS PROPERTY INTENDED AS YOUR PRINCIPAL RESIDENCE? [ ] Yes [VI No If 'Yes', enter date of occupancy / 20 or intended occupancy / 20 month day month day TYPE OF PROPERTY TRANSFERRED: [ fSingle-Family Residence [ ] Multiple -family residence (no. of Units: ) [ ] Commercial/Industrial [ ] Other (Description: D. DOES THE PROPERTY PRODUCE INCOME? (✓jYes ( )No [ ] Agricultural [ ] Timeshare [ ] Co-op/Own-your-own [ ] Mobilehome [ ] Condominium [ ] Unimproved lot E. IF THE ANSWER TO QUESTION 'D' IS YES, IS THE INCOME FROM: [Lease/Rent [ ] Contract [ ] Mineral Rights [ ] Other -explain SI? tuwv sc 2 it Prt� F. WHAT WAS THE CONDITION OF PROPERTY AT THE TIME OF SALE? [•] Good [,-rAverage [ ] Fair [ ] Poor Enter here, or on an attached sheet, any other information that would assist the Assessor in determining value of the property such as the physical condition of the property, restrictions, etc. Signed I certify that the foreeoine is true, correct and of my knowledge and belief. Date S -5'-o Please Print Name of New Owner/Corporate Officer J . wt"T>t,+rc� Phone Number where you are available from 8:00 a.m. - 5:00 p.m. ( 1>%v ) 491 1 o(a 5 (NOTE: The Assessor may contact you for further information) IF A DOCUMENT EVIDENCING A CHANGE OF OWNERSHIP IS PRESENTED TO THE RECORDER FOR RECORDATION WITHO UT THE CONCURRENT FILING OF A PRELIMINARY CHANGE OF OWNERSHIP REPORT, THE RECORDER MAY CHARGE AN ADDITIONAL RECORDING FEE OF TWENTY DOLLARS ($20.00). AS-SV25 SBE -ASD AH 502-A BACK 1-8-92