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HomeMy WebLinkAboutC-6243(B) - Beacon Bay, 62 - MOL 2015RECORDED AT THE REQUE�T�OF- CHICAGO TITLE COMPANY = Aft -3 AN 9: 48 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 Recorded in ( :ial Records, Orange County Hugh Nguyen, Clerk -Recorder 18.00 *$ R 0 0 0 7 6 1 4 7 3 5$ 2015000316894 8:00 am 06/18/15 63 410 M11 5 0.00 0.00 0.00 0.00 12.00 0.00 0.00 0.00 (Exempt From Recording Fees Pursuant to Government Code § 27383) (SPACE ABOVE THIS LINE FOR RECORDER'S USE) MEMORANDUM OF LEASE 'No C4h d't �ruki d ie are. dor a -fe i -m It krJ -� A' -h IT f y e a_ rd THIS MEMORANDUM OF LEASE is made and entered into between the City of Newport Beach, a California municipal corporation and charter city ("Lessor") and Andrew John Lawler and Linda Louise Lawler, Trustees of the Andrew John Lawler and Linda Louise Lawler Trust, dated February 24, 1991 ("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 the Lease is fifty (50) years, commencing June �2015 and ending June _+, 2065. This Memorandum of Lease is subject to the terms, conditions and provisions of an unrecorded Lease between the parties dated June L --k—_, 2015, which is incorporated herein by reference. Unless extended by a recorded amendment or supplement hereto, this Memorandum of Lease will automatically terminate as of June A�_, 2065. [SIGNATURES ON NEXT PAGE] /le��l %�,s�� %sir✓, ,�`3. x/60. DD 1 RECORDED OAT�OE �LE COMPANY CHICAGO 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 �No le-dde- dor a-fehm 6P It Jar -�h a -h '? I y2 CL rd THIS MEMORANDUM OF LEASE is made and entered into between the City of Newport Beach, a California municipal corporation and charter city ("Lessor") and Andrew John Lawler and Linda Louise Lawler, Trustees of the Andrew John Lawler and Linda Louise Lawler Trust, dated February 24, 1991 ("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 the Lease is fifty (50) years, commencing June2015 and ending June +, 2065. This Memorandum of Lease is subject to the terms, conditions and provisions of an unrecorded Lease between the parties dated June ! 2015, which is incorporated herein by reference. Unless extended by a recorded amendment or supplement hereto, this Memorandum of Lease will automatically terminate as of June 4, 2065. [SIGNATURES ON NEXT PAGE] -W5 12e�),v Ila 1 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: S t 1 I By: Aaron Harp urM asliHrir City Attorney ATTEST: Date: By: UVVw Leilani I. Brown City Clerk !Z�V� CITY OF NEWPORT BEACH, A Municipal Corporation Date:__ (p) 3) I Da iff City Manager LESSEE Date: By: Andrew John Lawler, Trustee of the Andrew John Lawler and Linda Louise Lawler Trust, dated February 24, 1991 Date: S"I (o 1 / s By: Linda L uise L wler, Trustee of the Andrew John Lawler and Linda Louise Lawler Trust, dated February 24, 1991 i► Memororandum of Lease Notary Acknowledgement 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 _OIRANGE S.S. On 5/5/2o15 ,beforeme, L. R. Wal -in Nt,ia'4-?jo1'c personally appeared Andrew John Lawler who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is/are subscribed to the withilr 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. 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 --------- L. R. WA LIN PUBLIC - CALIFORNIA COMMISSION # 2036941 Signature (Seal) ORRANGEgOust� 2017 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 CAT,TFnRNTA 1 COUNTY OF ORANGE ! S.S. On 5/6/2015 ,before me, L. R. Walin Ooyo�4-?"i Ve_ personally appeared Linda Louise Lawler who 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. 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 L ) --- (Seal) L R.WLIA IC - C NOTARY PUBLIC - CALIFORNIA • COMMISSION # 2036941 ORANGE COUNTY Comm. Exg. August 23,2()1? CALIFORNIA•ACKNOWLEDGMENT CIVIL CODE § 1189 . a1M1*C _W4__0.___911IrR_�C_.�5.� 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 r c On Jd hz 3 .� 2'0115 before me, i'yL � �D E ►'c r ��i 6� L , Date Here Insert Name and Title of t e Officer personally appeared Q.l] ( U ki Name(s) of Signer(s) who proved to me on the basis of satisfactory evidence to be the persor*-whose name(s)' is/axe subscribed to the within instrument and acknowledged to me that he/sheAhey executed the same in his/f7ef1thCir authorized capacitygao, and that by his/her/fhe+rsignature,(s)-on the instrument the persop(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. KIM RIEFF WITNESS my handan official seal. Commission # 1967536 Notary Public - California z Orange County> Signature My Comm. Ez ires Jan 26, 2016 + Signature of Not blit Place Notary Seal Above OPTIONAL Though this section is optional, completing this information can deter alteration of the document or fraudulent reattachment of this form to an unintended document. Description of Attached Document Title or Type of Document: Number of Pages: Document Signer(s) Other Than Named Above: Capacity(ies) Claimed by Signer(s) Signer's Name: ❑ Corporate Officer — Title(s): ❑ Partner — ❑ Limited ❑ General ❑ Individual Attorne act F-1Trustee❑ ian or Conservator ❑ Other: Signer I presenting: Signer's Name: ❑ Corporate Officer — Title(s): ❑ Partner — ❑ Limited ❑ General ❑ Individual ❑ Attorney in Fact ❑ Trustee ❑ Guardian or Conservator ❑ Other: Signer Is Representing: L4`✓4•✓4 ✓:.•r4C✓.'✓4�✓..'✓i.�✓.4�✓.�" 4'✓.'✓4�.1'�..'er4'ta4',v'.r4•✓4ar4'r�4C✓4V4�4�✓��'4�4�.1"✓.4� 4'.�4� '✓4'✓4C✓4V \-7— NP - 4' 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 1 of the eastside addition to Beacon Bay recorded on Official Maps Book 2, Page 30 in the Office of the County Recorder, County of Orange, State of California, sometimes referred to as Beacon Bay Lot 62. W BOE -502-A (P1) REV. 12 (05-13) PRELIMINARY CHANGE OF OWNERSHIP REPORT To be completed by the transferee (buyer) prior to a transfer of subject property, in accordance with section 480.3 of the Revenue and Taxation Code. A Preliminary Change of Ownership Report must be tiled with each conveyance in the County Recorder's office for the county where the property is located. NAME AND MAILING ADDRESS OF BUYER/TRANSFEREE (Make necessary correctlons to the printed name and mailing address) The Andrew John Lawler and Linda Louise Lawler Trust, dated 2691 Bayshore Drive Newport Beach, CA 92663 Escrow No.: 48582 -BF WEBSTER J. GUILLORY ORANGE COUNTY ASSESSOR (714)834-5031 ASSESSOR'S PARCEL NUMBER 988-883-63 SELLER/TRANSFEROR The C&CS Family Trust dated September 7, 2012 BUYER'S DAYTIME TELEPHONE NUMBER I BUYER'S EMAIL STREET ADDRESS OR PHYSICAL LOCATION OF REAL PROPERTY 62 Beacon Bay, Newport Beach, CA 92660 MAIL PROPERTY TAX INFORMATION TO (NAME) The Andrew John Lawler and Linda Louise Lawler Trust, dated February 24, 1991 ADDRESS CITY STATE ZIP CODE 2691 Bayshore Drive Newport Beach CA 92663 YES El NO This property is intended as my principal residence. If YES, please indicate the date of occupancy Mo DAY YEAR ,K or intended occupancy. A0 I PART 1. TRANSFER INFORMATION Please complete all statements. This section contains possible exclusions from reassessment for certain types of tranfers. YES NO ❑. A. This transfer is solely between spouses (addition or removal of a spouse, death of a spouse, divorce settlement, etc.). ❑ B. This transfer is solely between domestic partners currently registered with the California Secretary of State (addition or removal of ❑ 4" F a partner, death of a partner, termination settlement, etc.). This is a transfer: ❑ between parent(s) and child(ren) ❑ from grandparent(s) and grandchild(ren). This transfer is the result of a cotenant's death. Date of death This transaction is to replace principal residence by a person 55 years of age or older. Within the same county? kYES ❑ NO This transaction is to replace a principal residence by a person who is severely disabled as defined by Revenue and Taxation Code section 69.5. Within the same county? ❑ YES ❑ NO ❑ G. This transaction is only a correction of the name(s) of the person(s) holding title to the property (e.g., a name change upon marriage). If YES, please explain: ❑ H. The recorded document creates, terminates, or reconveys a lender's interest in the property. ❑ �— I. This transaction is recorded only as a requirement for financing purposes or to create, terminate, or reconvey a security interest (e.g., cosigner). If YES, please explain: ❑ �. J. The recorded document substitutes a trustee of a trust, mortgage, or other similar document. ❑ K. This is a transfer of property: 1. to/from a revocable trust that may be revoked by the transferor and is for the benefit of ❑ the transferor, and/or ❑ the transferor's spouse ❑ registered domestic partner. ❑ 2. to/from a trust that may be revoked by the creator/grantor/trustor who is also a joint tenant, and which names the other joint tenant(s) as beneficiaries when the creator/grantor/trustor dies. ❑ 3. to/from an irrevocable trust for the benefit of the ❑ creator/grantor/trustor and/or ❑ grantor's/trustor's spouse ❑ grantor's/trustor's registered domestic partner. ❑ ❑ L. This property is subject to a lease with a remaining lease term 35 years or more including written options. ❑ ❑ M. This is a transfer between parties in which proportional interests of the transferor(s) and transferee(s) in each and every parcel being transferred remain exactly the same after the transfer. ❑ 52T— N. This is a transfer subject to subsidized low-income housing requirements with governmentally imposed restrictions. ❑ [� O. This transfer is to the first purchaser of a new building containing an active solar energy system. " Please refer to the instructions for Part 1. Please provide any other information that will help the Assessor understand the nature of the transfer. THIS DOCUMENT IS NOT SUBJECT TO PUBLIC INSPECTION C01MIPLETE, SIGN AND RETURN BOE-502-A(P2) REV. 12 (05-13) PART 2. OTHER TRANSFER INFORMATION .,./ A. Date of transfer, if other than recording date: fylA 61 z —A `J Check and complete as applicable. Escrow No.: 48582 -BF B. Type of transfer: J!gPurchase ❑ Foreclosure ❑ Gift ❑ Trade or exchange ❑ Merger, stock, or partnership acquisition (Form BOE -100-B) ❑ Contract of sale. Date of contract: ❑ Inheritance. Date of death: ❑ Sale/Leaseback ❑ Creation of a lease [✓Assignment of a lease [ 1 Termination of a lease, Date lease began: Original term in years(including written options): Remaining term in years (including written options): ❑ Other. Please explain: C. Only a partial interest in the property was transferred. ❑ Yes4�5­No PART 3. PURCHASE PRICE AND TERMS OF SALE A. Total purchase price B. Cash down payment or value of trade or exchange excluding closing costs If YES, indicate the percentage transferred: Check and complete as applicable. Amount $__3�Oo r� C. First deed of trust @ % interest for years. Monthly payment $ Amount $ ❑ FHA ( Discount Points) ❑ Cal -Vet ❑ VA (_ Discount Points) ❑ Fixed rate ❑ Variable rate ❑ Bank/Savings & Loan/Credit Union ❑ Loan carried by seller ❑ Balloon payment $ Due date: D. Second deed of trust @ % interest for years. Monthly payment $ Amount $ ❑ Fixed Rate ❑ Variable rate ❑ Bank/Saving & Loan/Credit Union ❑ Loan carried by seller ❑ Balloon payment $ Due date: E. Was an Improvement Bond or other public financing assumed by the buyer? ❑YES �NO Outstanding balance $ F. Amount, if any, of real estate commission fees paid by the buyer which are not included in the purchase price $ q5,1 aa -r, G. The property was purchased. [ hrough real estate broker. Broker name J t LL IT 5r Phone number: t`IY`j) 2 q( — Y%' 3C ❑ Direct from seller ❑ From a family member -Relationship ❑ Other. Please explain: H. Please explain any special terms, seller concessions, broker/agent fees waived, financing, and any other information (e.g., buyer assumed the existing loan balance) that would assist theAssessor in the valuation of your property. PART 4. PROPERTY INFORMATION A. Type of property transferred ❑ Single-family residence ❑ Multiple -family residence. Number of units: ❑ Other. Description: (i.e., timber, mineral, water rights, etc.) Check and complete as ❑ Co-op/Own-your-own ❑ Manufactured home ❑ Condominium igunimproved lot ❑ Timeshare ❑ Commercial/Industrial B. []YES g10 Personal/business property, or incentives, provided by seller to buyer am included in the purchase price. Examples of personal property are furniture, farm equipment, machinery, etc. Examples of incentives are club memberships, etc. Attach list if available. If YES, enter the value of the personal/business property: $ C. ❑YES 2&0 A manufactured home is included in the purchase price. If YES, enter the value attributed to the manufactured home: $ Is [—]YES ❑NO The manufactured home is subject to local property tax. If NO, enter decal number: []YES R:ZIPtO The property produces rental or other income. If YES, the income is from: ❑ Lease/rent ❑ Contract ❑ Mineral rights ❑ Other: Incentives $ E. The condition of the property at the time of sale was: ❑ Good 69,Average ❑ Fair ❑ Poor Please describe: L O T CERTIFICATION I certify (or declare) that the foregoing and all information hereon, including any accompanying statements or documents, is true and correct to the best of my knowledge and belief. �SIGNAI YL OF'56 R SFERE�R CORPORATE OFFICER I DAT - - TELEPHONE NTATIVE/CORPORATE The Assessor's office may contact you for additional information regarding the transaction. COMPLETE, SIGN AND RETURN