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HomeMy WebLinkAboutC-7309-10 - Beacon Bay, 56 - Termination of Leasehold 2003RECOW"NI'G RIFQUESTED IM CAS1FCyirk,, ; TITLE CM,IPANY RECORDING REQUESTED BY AND WHEN RECORDED RETURN TO: City Manager's Office City of Newport Beach CV) 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 iiiiiiiiiiiiiiiiiiiiiillillillillillillilliillillillillillillilli10.00 2003000256098 04:10pm 03/07/03 1184T032 0.00 0.00 0.00 0.00 2.00 0.00 0.00 0.00 � TERMINATION OF LEASEHOLD This agreement is made this 61 k day of it�� 2003, by and between the CITY OF NEWPORT BEACH, hereinafter called "Lessor", and Erik R. DiPaolo and Kathleen C. DiPaolo hereinafter called "Lessee". RECITALS A. Lessor and Lessee executed a lease on February 16, 1999, and subsequently recorded February 16, 199, by the County Recorder of Orange County, California as Instrument No. 19990109781. By the terms of the lease, the following \ described property was leased to Lessee until July 1, 2044. Lot 56 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. 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 MailoA 6, 9-W3, , 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: r (% Lessor: Ci ana r t BY: Less4: Ed R. DiPa0 I0Trustee tee BY: �m A/Kil Lessee: Kathleen C. aolV, Trustee Document Date: STATE OF CALIFORNIA )SS COUNTY OF ++ On �� before me, d d � � 01(wl'c personally appeared `T LSV Wol o q,- U&ifml (t711i1 — V $I 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. WITNESS my hand and official seal. Signature 11j-` This area for official notarial seal. HOLLY MARIE MERRIMAN Document Date: _ C&Wfton # 1269343 ftkvy Punic - Colifornia STATE OF CALIFORNIA )SS *WQ8 County COUNTY OF P*CWM EWreS Jul 9, 2004 ) On before me, personally appeared 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. WITNESS my hand and official seal. Signature This area for official notarial seal. Document Date: 0-a STATE OF CALIFQI�,NIA )SS COUNTY OF U L On k— ci before me, Jr\ CT✓ 1 "�— 1 �i� �] J j . personally appeared personally known to me (oc a en{he �; o; .;At,, , �ydene}to be the person whose na and acknowledged to me tha he/ he/they executed the same it his er/their authorized capacity( and that the person(kor the entity upon behalf of which the personxacted, executed the instrument. WITNESS qty hand and official seal. . Signature ICATHY FISHER Commission # 1341009 Z z �; Notary Public - California i Z Orange County My Comm. Expires Feb 21, 2006 subscribed to the within instrument heir signature( on the instrument This area for official notarial seal