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HomeMy WebLinkAboutC-7312-10 - Beacon Bay, 61 - MOL 2017Batch 3031721 - Print Confirmations Recording Requested By and When Recorded Return To: City of Newport Beach 100 Civic Center Drive P.O. Box 1768 Newport Beach, California 92658-8915 Attn: City Clerk Page 1 of 12 Recorded in Official Records, Orange County Hugh Nguyen, Clerk -Recorder 111111111111111111111111111111111111111111111111111[1111111111111111111 NO FEE *$ R 0 0 0 9 8 3 0 5 9 6$* 201800001536911:34 am 01117118 90 SC5 M11 5 0.00 0.00 0.00 0.00 12.00 0.00 0.000.00 0.00 (Exempt From Recording Fees Pursuant to Government Code § 27383) (SPACE ABOVE THIS LINE FOR RECORDER'S USE) MEMORANDUM OF LEASE THIS MEMORANDUM OF LEASE is made and entered into between the City of Newport Beach, a California municipal corporation and charter city ("Lesson') and Peter C. Crow, Trustee of The Sally Corbit Crow Trust dated May 3, 1988, as amended July 28, 1994 ("Lessee"). Lessor hereby leases to Lessee that real property located in the City of Newport Beach, County of Orange, California, described in Exhibit "1" attached hereto ("Property'). The term of theLease is fifty (50) years, commencing November_, 2017 and ending November 1 s , 2067. This Memorandum of Lease is subject to the terms, conditions and provisions of an unrecorded Lease between the parties dated November 1 S _ , 2017, which is incorporated herein by reference. Unless extended by a recorded amendment or supplement hereto, this Memorandum of Lease will automatically terminate as of November i s� , 2067. [SIGNATURES ON NEXT PAGE] https:Hgs.secure-recording.com/Batch/PrintConfirmations 01/17/2018 Recording Requested By and When Recorded Return To: City of Newport Beach 100 Civic Center Drive P.O. Box 1768 Newport Beach, California 92658-8915 Attn: City Clerk (Exempt From Recording Fees Pursuant to Government Code § 27383) (SPACE ABOVE THIS LINE FOR RECORDER'S USE) MEMORANDUM OF LEASE THIS MEMORANDUM OF LEASE is made and entered into between the City of Newport Beach, a California municipal corporation and charter city ("Lessor") and Peter C. Crow, Trustee of The Sally Corbit Crow Trust dated May 3, 1988, as amended July 28, 1994 ("Lessee"). Lessor hereby leases to Lessee that real property located in the City of Newport Beach, County of Orange, California, described in Exhibit "1" attache hereto ("Property"). The term of the Lease is fifty (50) years, commencing November 2017 and ending November 1 s r , 2067. This Memorandum of Lease is subject to the terms, conditions and provisions of an unrecorded Lease between the parties dated November 2017, which is incorporated herein by reference. Unless extended by a recorded amendment or supplement hereto, this Memorandum of Lease will automatically terminate as of November 1 , 2067. [SIGNATURES ON NEXT PAGE] IN WITNESS WHEREOF, the Parties have caused this Memorandum of Lease to be executed on the dates written below. APPROVED AS TO FORM: OFFICE OF THE CITY ATTORNEY Date: j IAZl? By: W — - — Aaron Harp V It,0$,1-4 City Attor cr,� ATTEST: I. &j� Date: Leilani 1. :. , City Clerk \1-1 FOR% 2 CITY OF NEWPORT BEACH, a California municipal corporation Date: kh 2.j, t By: (�.. David Kiff City Manager LESSEE Date: By: Peter ow Trusteiof The Sally Corbit Crow Trust dated May 3, 1988, as amended July 28, 1994 TOM A WHITE NOTARY PUBLIC - STATE OF COLORADO My Identification # 20124018884 Expires March 22, 2020 NOTARY ACKNOWLEDGMENT FORM STATE OF COLORADO CITY AND C96NTY OF DENVER ) ss. Subs c d and -Sworn to (or affirmed) before me 1 on this 414L day of DM em L_ L, by proved to me on the basis of satisfactory evidence to be the person who appeared before me. Signatur� Z (Seal) Notary Public E PUB TOMS WHI p LORADOd8r1thatiorn # 20124018884 ExPires March 22, 2020 ACKNOWLEDGMENT A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of California County of Orange On gyAe!j�2 ll 20 l S before me, Jennifer Ann Mulvey, Notary Public (insert name and title of the officer) personally appeared DA -44 V IFF who proved to me on the basis of satisfactory evidence to be the person(&) whose names) is/are subscribed to the within instrument and acknowledged to me that he/she/they executed the same in his/he4tl4eO authorized capacity(ie&), and that by his/he4h4a r signature(sl on the instrument the person(,s�, or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal. Signature (Seal) ,:,. Jennifer Ann Mulvey COMM #2214138 a wNotary Public- California z Q ORANGE COUNTY w MyCommmionEzpiresOct.12,1021�i EXHIBIT "1" LEGAL DESCRIPTION OF THE PROPERTY That certain real property located in the City of Newport Beach, County of Orange, California, described as follows: Lot 61 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. M