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HomeMy WebLinkAboutC-6243(K) - Beacon Bay, 62 - Termination of Leasehold 1991RECORDING REQUESTED BY: CITY OF NEt IPORT BEACH CITY MANAGER'S OFFICE AND WHEN RECORDED MAIL TO: City Manager's Office City of Newport Beach 3300 Newport Boulevard Newport Beach, CA 92663 91=348605 RECORDING REQUESTED BY FIDELITY NATIONAL TITLE INS. CO. RECORDED IN OFFICIAL RECORDS OF ORANGE COUNTY, CALIFORNIA -2H PM JUL 5'91 $11.00 o t,� Q • RECORDER ci (Space Above For Recorder's Use) TERMINATION OF LEASEHOLD iTHIS AGREEMENT is made this 1st day of July, 1991 by and between the CITY OF NEWPORT BEACH, hereinafter called "Lessor," and the undersigned, Trustors and Co -Trustees of the J. WILLIAM BACK AND MONIQUE T. BACK TRUST DATED SEPTEMBER 15, 1982, hereinafter called "Lessee." R E C I T A L S• A. Lessor and Lessee executed a lease on November 13, 1989 and subsequently recorded a Memorandum of Lease December 20, 1989, Instrument No. 89-687991, in Official Records of the Orange County Recorder, State of California. By the terms of the lease, the following described property was leased to Lessee until July 1, 2006: 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. 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 as described herein above as of July 1, 1991, and Lessor agrees to accept such 4/40229-01D/terlea0626/aibO62691 termination, and Lessor and Lessee agree to discharge and release each other from all obligations under the lease as of the said date. Executed on , 1991 at Newport Beach, California. LESSOR: CITY OF NEWPORT BEACH r By:q'�tt'� � STATE OF CALIFORNIA LESSEE: J. WILLIAM BACK AND MONIQUE T. BACK TRUST DATED 9/15/82 BY: J. William Back, By Monique Gretchen Anderson, his Attorney - In -Fact SS. COUNTY OF ORANGE ) On �'"� , 1991, before me personally apVeared MONIQUE T. BACK, personal y known to me (or proved to me on the basis of satisfactory evidence) to be the person whose name is subscribed to the within instrument and acknowledged to me that she executed the same in her authorized capacity, and that by her signature on the instrument the person, or the entity upon behalf of which the person acted, executed the instrument. 1S This/executed in counterparts -2- _ seal. OFFICIAL SEAL PS�Pa�nell Parker L?�Pg%i ` I CALI ORNIA � COUNTYM1' CO1NM. EXP. FEB 26,1993 termination, and Lessor and Lessee agree each other from all obligations under the Executed on , California. LESSOR: CITY OF NEWPORT BEACH BY: w STATE OF CALIFORNIA to discharge and release lease as of the said date. 1991 at Newport Beach, LESSEE: J. WILLIAM BACK AND MONIQUE T. BAC TRU TED 9 15/ 2 BY J. William Back, By Monique Gretchen Anderson, his Attorney - In -Fact A W�a 45 � C SS. COUNTY OF ORANGE ) On �1-t .2 , 1991, before megA,&jjL� personally a eared MONIQUE T. BACK, personal y known to me (or proved to me on the basis of satisfactory evidence) to be the person whose name is subscribed to the within instrument and acknowledged to me that she executed the same in her authorized capacity, and that by her signature on the instrument the person, or the entity upon behalf of which the person acted, executed the instrument. f� WITNESS h and official seal. ©FFICIAL SEAL Le R�nell Pa0er,�r.Nei No y Public in and for said State � CALI praivM. EXP. COUNY _. -2- STATE OF CALIFORNIA COUNTY OFss. On this day of in the year 1991, before me the undersigned 4a _notarPdblic17 in and for said State, personally appeVed known to me to be the of Newport Beach and known to me to be the rsons who executed the within instrument on behalf of said governmental agency, and acknowledged to me that such governmental agency executed the same. WITNESS my hand and official seal. Notary Pubes and for said State L. PALES °_, NOTARY PCOLIC • CALIFORNIA ® m ORANIGE Mum +<IFARi1\ { COMM. F.x4•Irss fjay 25,1943 o � .Oo U V `V U o r � oTz .V-4 " .3 luau: STATE OF CALIFORNIA 1 ss. County of�-�Yl- 1 On this day day of undersigned, a Notary Public inn an, fof the (or proved lf,� me on the basis of sati instrument as the Attorney -in -Fact of to me that he subscribed the name of (Acknowledgment -Attorney in Fact) _ in the year 19 9 / , before me, the said County and State, personally appeared personally known to me ry evidence) to be the peon whose name is subscribed to this WITNE S my handl and official seal. Notary Public in and for s ' County and State. FD -1A and acknowledged as principal and own name as Attorney -in -Fact. (Notary -Seal)