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HomeMy WebLinkAboutC-7304-8 - Beacon Bay, 38 - MOL 2003KECORDING REQUESTED BY: CALIFORNIA TITLE COMPANY 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 Cal Title MV Recorded in Official Records, County of Orange Tom Daly, Clerk -Recorder ILII IIII 1111111111111 IIIIIIIH111111 1111111111111 12.00 2003000439029 08:00am 04/21/03 105 4 M11 4 0.00 0.00 0.00 0.00 6.00 0.00 0.00 0.00 MEMORANDUM OF LEASE u,>:.� . hl: z. r:?>: l sq T"'i, DUE. IS FOR THIS MEMORANDUM OF LEASE is made and entered into by anc� 6e weeh'THE CITY OF NEWPORT BEACH, a chartered municipal corporation, herein called "Lessor", and JOHN L. CURCI, TRUSTEE OF THE JOHN L. CURCI TRUST, herein called "Lessee", to witness that: Lessor hereby leases to Lessee, commencing on Ancil J I AV -3 and ending on July 1, 2044, on the terms and conditions set forth int at certaih lease by and between the parties hereto dated,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 38 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 RoIxL © 2003, at Newport Beach, Orange County, California. "-T'\ICITY CLERK APPROVED AS TO FORM: CITY RrtORNEY LESSOR THE CITY OF NEWPORT BEACH CITY MANAGEIr Lessee: . Curci, Trustee t40 DOCUMENTARY TRANSFER TAX DUE. SAID LEASES FOR LESS THAN 99 YEARS - CALIFORNIA ALL-PURPOSE ACKNOWLEDGEMENT STATE OF CALIFORNIA )SS COUNTY OF (!�r a-., a6a__ ) On � � B ; jQ �j before me, <1 / '\'G P, R E. V.J'N"<% Ys personally a eared personally known to me (oe) to be the person(s�) whose name(&) is/ate subscribed to the within instrument and acknowledged to me that he/shek4t y executed the same in his/110F44eir authorized c l t jt Iw his/hej'tji@ir signature.4 on the instrument the person(s) or the entity upon behalf of which the person(ttj acted, executed the instrum it.�+ a BARBARA E. WiLKItdS WITNESS my hand and official se �� COMM. #1296353 D NOTARY PUBLIC -CALIFORNIA Signatur �a� o �� mm EXP. MY COMM. Mar. 8, 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 invaluable persons relying on the document. [ ] INDIVIDUAL ] CORPORATE OFFICER(S) [ ] PARTNER(S) - [ ] LIMITED [ ] GENERAL ] ATTORNEY-IN-FACT ] TRUSTEE(S) ] GUARDIAN/CONSERVATOR ] OTHER SIGNER IS REPRESEN4'IN( Name of Person or Entity 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 ATTACBED TO THE DOCUMENT DESCRIBED BELOW TITLE OR TYPE OF DOCUMENT: �'P-,tn0Y_U r\ 6 \A NUMBER OF PAGES SIGNER(S) OTHER THAN NAMED ABOVE DATE OF DOCUMENT im CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT State of California ss. County of �- On � \� , )-_0°3 , before me, � ('1 Date NaFR4 e. and Title of Officer ', /�g., ane Doe, of Public") 6 personally appeared � � L � , Name(s) of Signer(s) personally known to me ❑ proved to me on the basis of satisfactory evidence --� to be the person(�J whose name( is/ re CATHY FISHERsubscribed to the within instrument and Commission #E 1341oo9 < Zacknowledged to me : at he/ he/they executed Z Notary Public - California >the same in i er/theirahi thor'zed Orange County MYComrr.ExPiresFeb 21,2006 capacity(i_s), and that by her/their signature(sgon the instrument the person(, or the entity upon behalf of which the personA acted, executed the instrument. WIT SS my hand and offi (iall seal. Place Notary Seal Above Sigture f Notary 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 Attached Document p Title or Type of Document: 2�V�(i,t , o 'T b 1L Document Date: `1 –k0 — C Number of Pages: I Signer(s) Other Than Named Above: Capacity(ies) Claimed by Signer Signer's Name: ❑ Individual Top of thumb here ❑ Corporate Officer— Title(s): ❑ Partner — ❑ Limited ❑ General ❑ Attorney in Fact ❑ Trustee ❑ Guardian or Conservator ❑ Other: Signer Is Representing: 0 1999 National Notary Association - 9350 De Solo Ave., P.O. Box 2402 • Chatsworth, CA 91313-2402 • www.nalionalnotary.org 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 -4295 -DJ 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: Lillis H. Morgan, Trustee of the Lillis H. Morgan Trust dated February 3, 1997 and Amended and Reinstated January 2, 2001 BUYER/TRANSFEREE: Jolm L. Curci, Trustee of the John L. Curci Trust dated.Imt1122, 1993 v ASSESSOR'S PARCEL NUMBER( . and,(if applicable) LEGAL DESCRIPTION: LOT: 38 TRACT: PROPERTY ADDRESS: OR LOCATION: 38 Beacon Bay Newport Beach, CA 92660 Mail Tax Information To: (Name): John L. Curci Trust dated Jyue'22, 1993 (Address): ta► t & V v& NIwr'o r -r 1 124V FOR RECORDER'S USE ONLY FOR ASSESSOR'S USE ONLY CLUSTER OC1 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 County Assessor at (714) 834-5031. PART I: TRANSFER INFORMATION Please answer all questions — [ ]Yes rf�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? `kNo (For example,a name change upon marriage.) [ ]Yes [ 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 [K]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 [ X ]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. [ ]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 [ y Assi nment of a Lease [ ]Termination of a Lease Date Lease Began /�h 7 �. Original term in years (including written options)_ S [j Remaining term in years (including written options) C. Was only a partial interest in the property transferred? [ ]Yes v [ o If 'Yes' indicate the percentage transferred AS-SV25 SBE -ASD AH 502-A FRONT 1-8-92 PRELIMINARY CHANGE OF OWNERSHIP REPORT Escrow: 2 -4295 -DJ Please arsNaer, to 'ie 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 @ [ ]FHA V-1 Conventional [ ] VA [ ] Cal -Vet Balloon Payment [ ] Yes [ ] No % Interest for years. Payments/Mo. =$ [ ] Fixed Rate [ ] Variable Rate [ ] All Inclusive D.T. $ Wrapped) [ ] Loan Carried by Seller Due Date [ Amount $ Amount $_ (Priv. & Int.) Amount $ ] New Loan ] Assumed Existing Loan Balance ] Bank or Savings & Loan ] Finance Company C. SECOND DEED OF TRUST @ % Interest for years. Payments/Mo. =$ (Prin. & Int.) Amount $ [ ] Bank or Savings & Loan [ ] Fixed Rate [ ] New Loan [ ] Loan Carried by Seller [ J 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? [ ] 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 I $ �S O/ pod G. PROPERTY PURCHASED: [ ] Through a broker: ( ] Direct from sel er: [ ]Other If purchased through a broker, l5rovide broker's name and phone no.: Itu bC1J)T/,¢1— 9- 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 [ /4 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? [ ] Yes [�cJ No If 'Yes', enter date of occupancy / 19_ or intended occupancy / 19 month day month day C. TijPE OF PROPERTY TRANSFERRED: [ ] Single -Family Residence [ ] Agricultural [ J Timeshare [ ' ] Multiple -family residence (no. of Units:_ �) [ ] Co-op/Own-your-own [ ) Mobilehome [ ' ] Commercial/Industrial [ ] Condominium [ ] Unimproved lot [ ] Other (Description: D. DOES THE PROPERTY PRODUCE INCOME? ( )Yes NNo E. IF THE ANSWER TO QUESTION 'D' IS YES, IS THE INCOME FROM: [ ] Lease/Rent [ ] Contract [ J Mineral Rights [ ] Other -explain F. WHAT WAS THE CONDITION OF PROPERTY AT THE TIME OF SALE? [ ] Good [ ] Average [ air [ ] 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. I certify that the foregoing Signed Please Print Name of and complete to the best of my knowledge and belief. �1 Date Officer J 6 H H L We, ( LZo Phone Number where you are available from 8:00 a.m. - 5:00 p.m. (?q� ) 67 � - l D 4, D (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 Government code — 2736.17 ICERTIFY UNDER PENALTY OF PERJURY THAT THE NOTARY SEAL ON THE DOCUMENT TO WHICH THIS STATEMENT IS ATTACHED READS AS FOLLOWS: NAME OF NOTARY: DATE COMMISSION EXPIRES: COUNTY WHERE BOND IS FILED: COMMISSION NO.: MANUFACTURER/VENDER NO. PLACE OF EXECUTION: Cathy Fisher Feb. 21, 2006 Orange 1341009 NNA1 Mission Viejo DATE OF EXECUTION: 4/18/2003 ...._ _____.... SIGNATURE: Government code — 2736.17 I CERTIFY UNDER PENALTY OF PERJURY THAT THE ILLEGIBLE PORTION OF THIS DOCUMENT, TO WHICH THIS STATEMENT IS ATTACHED, READS AS FOLLOWS: PLACE OF EXECUTION: DATE OF EXECUTION: SIGNATURE: Penalty of Perjury Doc.