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HomeMy WebLinkAboutC-7324-6 - Beacon Bay, 68 - Termination of Leasehold 2000Recorded in the County of Orange, California Gary L Granville, Clerk/Recorder RECORDING REQUESTED BY AND IIIIII IIIIIIIIIIIIIIIIIIIIIIIIIII 9,00 WHEN RECORDED RETURN TO: 20000137043 11; 35AM 03/16/00 City Manager's Office 004 00170478 107 23 City of Newport Beach 061 02 0 0.00 6.00 3.00 0.00 0.00 0.00 3300 Newport Boulevard 0.00 0.00 Newport Beach, CA 92663 Doc Types: 061 TERMINATION OF LEASEHOLD 1 This agreement is made this 25th day of January, 2000, by and between the CITY OF NEWPORT BEACH, hereinafter called "Lessor", and W. Michael Hay and Judith L. Hay, hereinafter called "Lessee". RECITALS A. Lessor and Lessee executed a lease on June 24, 1994, and subsequently recorded December 7, 1994, by the County Recorder of Orange County, California as Instrument No. 94-0701522. By the terms of the lease, the following described property was leased to Lessee until July 1, 2044. Lot 7 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 68. 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 �`Al.1� L� , and Lessor agrees to accept such termination and the premises, and Less4 and Lessee agree to discharge and release each other from all obligations under the !ease as of said date. Executed at Newport Beach, California, on the day and year first above written. CITY OF NEWPORT BEACH BY: z . Lesso : City Mana r BY: lJ, /�� �-°� 4,, Lessee: W. Michael Hay BY: 9(�)— �� Lessee: dith L. Hay CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT State of California ss. County of Q . -a-� - 0 0 On ,before me, Date personally appeared f' y Cornmission # ; 74329 :-; z Z p Notary Public - Colifomio y Orange CLFZZ21,2002 My Comm. En*es and Title of Officer (e.g., "Jane Doe, Notary Pub ") ne(j of igner ) T:1 personally known to me )C proved to me on the basis of satisfactory evidence to be the perso (s) whose nam (s is/re subscribed to the within instrument and acknowledged to me that he/s / he executed the same in his/her/ heir) authorized capacity(les , and that y his/her heir signaturek2Pn the instrument the perso s or the entity upon behalf of which the perso 0 acted, executed the instrument. WIT ESS my hand an official seal. Place Notary Seal Above Si atu of Notary Public OPTIONAL Though the information below is not required by law, it may prove valuable to persons relying on the document and could prevent fraudulent removal and reattachment of this form to another document. Description of Attachedocument Title or Type of Document: i �ex.Q\A- "^�D-^ a V Document Date: , – C9 - Number of Pages: Signer(s) Other Than Named Above: Capacity(ies) Claimed by Signer Signer's Name: ❑ Individual Top of thumb here ❑ Corporate Officer — Title(s): ❑ Partner — ❑ Limited ❑ General ❑ Attorney in Fact ❑ Trustee ❑ Guardian or Conservator ❑ Other: Signer Is Representing: © 1997 National Notary Association • 9350 De Soto Ave., P.O. Box 2402 - Chatsworth, CA 91313-2402 Prod. No. 5907 Reorder: Call Toll -Free 1-800-876-6827