HomeMy WebLinkAboutC-7307-5 - Beacon Bay, 54 - Termination of Leasehold 1997H -
NORTH AMERICAN i 1TLE CO,
Recorded in the County of Orange, California
Gary L. Granville, Clerk/Recorder
RECORDING REQUESTED BY AND III III,I I I II II I III III II I II III 13.00
WHEN RECORDED RETURN TO: 199702349$0 08 ; 00am 05/21/97
City Manager's Office 005 366837 12 25 NOA
City of Newport Beach T01 3 7.00 6.00 0.00 0.00 0.00 0.00
3300 Newport Boulevard
Newport Beach, CA 92663
TERMINATION OF LEASEHOLD
This agreement is made this day of1997, by
and between the CITY OF NEWPORT BEACH, hereinafter called "Lessor", and E.
LINWOOD VICK Testamentary Trust by WILLIAM V. SCHMIDT, Trustee hereinafter
called "Lessee".
RECITALS
r\ A. Lessor and Lessee executed a lease on June 21, 1994, and
subsequently recorded December 7, 1994, by the County Recorder of Orange County,
V California as Instrument No. 94-0701512. By the terms of the lease, the following
described property was leased to Lessee until July 1, 2044.
\ Lot 54 as shown on the map filed in Book 9, Pages 42 and 43 of Record
a of Surveys in the Office of the County Recorder, County of Orange, State of California.
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 of o F Kccz O � r io and Lessor agrees to accept such
termination and the premises, and Lessor and Lessee 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:
Lessor: evin phy, City Manager
Lessee: E. Linwood Vick
Testamentary Trust
BY: William V. Schmidt, Trustee
STATE OF CALIFORNIA )
)SS.
COUNTY OF ORANGE )
On April 15, 1997, before me, the undersigned Notary Public,
personally appeared WILLIAM V. SCHMIDT, personally known to me
(or proved to me on the basis of satisfactory evidence) to be the
person whose name is subscribed to in 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.
NOTARY PUBLIC r1h and for said
State
— DOROTHY KOSHINSKI
COMM. # 1006684
:- Notary Public — Califomia
ORANGE COUNTY
My Comm. Expires NOV 19, 1997
N' nom'
State of California
County of Orange
On {`' before me,
personally appeared LAI I r 1 '-J -
Monica S. Kutz. Notary Public,
Eqsonally 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),
orthe entity upon behalf of which the person(s)
acted, executed the instrument.
,.. iVlonica S. Kutz
U ' COMM #1013469 WITNESS my hand and official seal.
0 NOTARY PUBLIC CALIFORNIA
C ORANGE COUNTY
LFo „ Comm Expires Jan 13,1993 nk
- S - T -d
CAPACITY CLAIMED BY SIGNER DESCRIPTION OF ATTACHED DOCUMENT
Individual
Corporate Officer
Limited Partner
General Partner
Attorney -in -Fact
Trustee(s)
Guardian/Conservator
Other:
Signer is Representing:
Title or Type of Document
Number of Pages
Date of Document
Signer(s) Other Than Named Above