Loading...
HomeMy WebLinkAboutC-7260-7 - Beacon Bay, 14 - MOL 2000O 0 RECORDED AT THE REC ST OF CHICAGO TITLE COMPANY F�RE GU ES=B Y AND WHEN RECORDED RETURN TO City Manager's Office City of Newport Beach 3300 Newport Boulevard Newport Beach, CA 92663 This document -is electronically recorded by CHICA _ J TITLE COMPANY Recorded in Official Records,County of Orange Gary L. Granville, IIM9�IIIIIIIIII��IIIIIIIIIRI111hpecorderNO FEE 20000521718 04:30pm 09/29/00 117 27 L02 3 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 MEMORANDUM OF LEASE Transfer Tax - None, Term of Lease less than 99 years THIS MEMORANDUM OF LEASE is made and entered into by and between THE CITY OF NEWPORT BEACH, a chartered municipal corporation, herein called "Lessor", and DAVID L. ARNOLD AND GRACE E. ARNOLD/herein called "Lessee", to witness that: husband and wife, as joint tenants, Lessor hereby leases to Lessee, commencing on September 29, 2000 and ending on July 1, 2044, on the terms and conditions set forth in that certain lease by and between the parties hereto dated September 18, 2000 , all the terms and conditions of which lease are made a part hereof as though fully set forth herein, all those certain premises in the County of Orange, State of California, described as follows: Lot 14 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 September 18 2000, at Newport Beach, Orange County, California. ATTEST: CITY CLERK APP (LVED AS TO FORM: CITY ATTORNEY LESSOR THE CITY OF NEWPORT BEACH CITY MANAGER: HOMER L. BLUDAU Eessee: DAVID L. ARNOLD Lessee: GRACE E. ARNOLD STATE OF C. COUNTY OF On tel_ CALIFORNIA ALL-PURPOSE ACKNOWLEDGEMENT )SS before me. U A3 V' J-0 k v� personally known to me (or 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. WITN SS y Id and officia seal. DEBORAH M. JOHNSON NOTARY PUBLIC - CALIFORNIA Signa — v� _ • COMMISSION # 1266067 g ORANGE COUNTY My Comm. Exp. June 13, 2004 This area for official notarial seal. OPTIONAL SECTION CAPACITY CLAIMED BY SIGNER Though statute does not require the Notary to fill in the data below, doing so may prove in document. ] INDIVIDUAL ] CORPORATE OFFICER(S) [ ] PARTNER(S) - [ 1 LIMITED [ ] GENERAL [ ] ATTORNEY-IN-FACT [ ] TRUSTEE(S) [ ] GUARDIAN/CONSERVATOR [ ] OTHER SIGNER IS REWESENTING: Name pf Person or Entity Name of Person or Entity OPTIONAL SECTION persons relying on the 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 DESURIBED BELOW TITLE OR TYPE OF DOCUMENT: 1 t V_ MC) Y_ DIV AL_ l IyIiVV� NUMBER OF PAGES DATE OF DOCUMENT SIGNER(S) OTHER THAN NAMED ABOVE CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT State of California County of ss. On �(� 1 �� ,before me, Date 1 personally appeared CATHY FISHER t Commission # 1174329 Z Notary Public - California y Orange County My Comm. des Feb 21, 2002 �-� �j Nam an T to of Officer (e.g., "Jane oe, Notary Public") Name(s) of Signer(s) personally known to me ❑ proved to me on the basis of satisfactory evidence to be the person (�S Whose nam(sem is Cal subscribed to the within ins ent and acknowledged to me that he/she they executed the same in his/her/ e&, authorized capacitie _ and that by his/hatheir' signature ebn the instrument the perso the entity upon behalf of which the person s)� acted, executed the instrument. W SS my hand and offi ials_e�al. Place Notary Seal Above Signa ure of Lary Public 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 Attachedo ument Title or Type of Document:���0 Document Date: CN — O C�o u Number of Pages: Signer(s) Other Than Named Above: /�' �J\ 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 © 1997 National Notary Association • 9350 De Soto Ave., P.O. Box 2402 - Chatsworth, CA 91313-2402 Prod. No. 5907 Reorder: Call Toll -Free 1-800-876-6827 BRADLEY L. JACOBS - COUNTY ASSESSOR COUNTY OF ORANGE P.O. BOX 1948, SANTA ANA, CA 92702 Escrow: 2 -2263 -MS 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: U.S. Trust Company, National Association, as Successor Trustee under Declaration of Trust dated September 14, 1979 BUYER/TRANSFEREE: David L. Arnold and Grace E. Arnold, husband and wife, as joint tenants ASSESSOR'S PARCEL NUMBER(S): and,(if applicable) LEGAL DESCRIPTION: LOT: 14 TRACT: PROPERTY ADDRESS: OR LOCATION: 14 Beacon Bay Newport Beach, CA 92663 Mail Tax Information To: (Name): David L. Arnold (Address): 14 Beacon Bay Newport Beach, CA 92660 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 County Assessor at (714) 834-5031. PART I: TRANSFER INFORMATION Please answer all questions FOR ASSESSOR'S USE ONLY CLUSTER OCI OC2 DT INT RC SP$ DTT$ 11PCL 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 County 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 [ ]No E. Is this document recorded to substitute a trustee under a deed of trust, mortgage, or similar document? [ ]Yes [ ]No 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 [ ]No 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? [ ]Yes [ ]No I. If this property is subject to a lease, is the remaining lease term 35 years or more including written options: [ ]Yes [ ]No J. Is this a transfer from parents to children or from children to parents? [ ]Yes [ ]No K. Is this transaction to replace a principal residence by a person 55 years of age or older? [ ]Yes [ ]No 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 TRANSFER INFORMATION A. Date of transfer if other than recording date: B. Type of transfer. Please check appropriate item. [ ]Purc e [ ]Foreclosure [ ]Gift [ ]Trade or Exchange [ ]Merger, Stock, or Partnership Acquisition [ ](;pfitract of Sale - Date of Contract [ nheritance - Date of Death [ ] Other (please explain): [ ]Creation of a Lease ] As 'gnment of a Lease [ ]Termination of a Lease Date Lease Began Original term in years (ificludirfg written options) Remaining term in years (including written options) C. Was only a partial interest in the property transferred? [ ]Yes [plNo If ' Yes' indicate the percentage transferred AS-SV25 SBE -ASD AH 502-A FRONT 1-8-92 PRELIMINARY CHANGE OF OWNERSHIP REPORT Escrow: 2 -2263 -MS 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 HI: 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 $ C. SECOND DEED OF TRUST @_ [ ] Bank or Savings & Loan [ ] Loan Carried by Seller Balloon Payment [ ] Yes [ ] No Amount $ (Prin. & Int.) Amount $ ] New Loan ] Assumed Existing Loan Balance ] Bank or Savings & Loan ] Finance Company _% Interest for years. Payments/Mo. =$ (Prin. & Int.) Amount $ [ ] Fixed Rate [ ] New Loan [ ] Variable Rate [ ] Assumed Existing Loan Balance Due Date Amount $ D. OTHER FINANCING - Is other financing involved not covered in (B) and (C) above? [ ] Yes [ ] No Amount $ Type @ % Interest for years. Payments/Mo. =$ (Prin. & Int. only) [ ] 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 $ E. IMPROVEMENT BOND [ ] Yes [ ] No Outstanding Balance: Amount $ F. TOTAL PURCHASE PRICE (or acquisition price, if traded or exchanged, include real estate commission if paid). Total Items A through E G. PROPERTY PURCHASED: [ ] Through a broker: [ ] Direct from seller: [ ]Other If purchased through a broker, provide broker's name and phone no.: l i Please explain any special terms or financing and any other information that would help the assessor understand 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 [ No If 'Yes', enter the value of the personal property included in the purchase price $ (Attach itemized list of personal property). B. IS THIS PROPERTY INTENDED AS YOUR PRINCIPAL RESIDENCE? [i/f Yes [ ] No If 'Yes', enter date of occupancy / 19_ or intended occupancy month day month C. TY OF PROPERTY TRANSFERRED: [ ]Single -Family Residence [ ] Agricultural [ ] Multiple -family residence (no. of Units: ) [ ] Co-op/Own-your-own [ ] Commercial/Industrial [ ]condominium [ ] Other (Description: D. DOES THE PROPERTY PRODUCE INCOME? ( )Yes ( E. IF THE ANSWER TO QUESTION 'D' IS YES, IS THE INCOME FROM: [ ] Lease/Rent [ ] Contract [ ] Mineral Rights [ ] Other -explain day [ ] Timeshare [ ] Mobilehome [ ] Unimproved lot 19_ F. WHAT WAS THE CONDITION OF PROPERTY AT THE TIME OF SALE? [ ] Good [;4 Average [ ] 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. �� certify that th�reg i 's true, Signed �� Please P nfi Name of New Ow I -C rporate Officer correct and complete to the best of my knowledge and belief. Date IV -1-9 io — Phone Number where you are available from 8:00 a.m. - 5:00 p.m. ( (NOTE: The Assessor may contact you for further information) IF A DOCUMENT EVIDENCING A CHANGE OF OWNERSHIP IS PRESENTED TO THE RECORDER FOR RECORDATION WITHOUT 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