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HomeMy WebLinkAboutC-7342-8 - Beacon Bay, 60 - Termination of Leasehold 1997RECORDING REQUESTED BY AND WHEN RECORDED RETURN TO: City Manager's Office City of Newport Beach 3300 Newport Boulevard Newport Beach, CA 92663 Recorded in L...! County of Orange, California Gary L. Granville, Clerk/Recorder J1111 lJJlJJlJJ Jill 27.00 19970605368 3 ; 25pm 11/24/97 005 7007556 07 28 T03 4 6.00 9.00 0.00 0.00 0.00 12:00 TERMINATION OF LEASEHOLD This agreement is made this /P tz _ day of 1 1997, by and between the CITY OF NEWPORT BEACH, hereinafter Iled "Lessor", and Mary E. Ibbetson, Trustee of the Ibbetson Family Trust, Richard A. Schaub and William B. Schaub as Tenants in Common, hereinafter called "Lessee". RECITALS A. Lessor and Lessee executed a lease on November 2, 1995, and subsequently recorded February 2, 1996, by the County Recorder of Orange County, California as Instrument No. 96-0050530. By the terms of the lease, the following described property was leased to Lessee until July 1, 2044. Lot 60 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 agre to terminate the lease and vacate the premises as described herein above as of , and Lessor agrees to accept such termination and the pre ises, 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: Lessor: evin . N�, phy, City Manager Lessee: V, E. Ibbetson, Trust6e / BY: Lessee: Richard A. Schg, aub BY: ��� Lessee: William B. Schaub ALL.DHDD 4F ArvunWLri1s12w vuv State of California County of Los Angeles On 8/27/97 before me, Martha Valadez, Notary Public DATE NAME, TITLE OF OFFICER - E.G., "JANE DOE, NOTARY PUBLIC' personally appeared Richard A. Schaub and William B. Schaub NAME(S) OF SIGNER(S) ® 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 ac- knowledged to me that he/she/ ey xecuted the same in his/her/ ei authorized -- MARWAVALADEZ capacity(ies), and that by his/her he' comm. If )041445 i signature(s) on the instrument the person(s), o NotaryPublicC io LOS ANGGLES COUNTYortheentity upon behalf of whichthe person(s) My Comm. Explres NOV 25, 1998 acted, executed the instrument. Witness my hand and official seal. SIGNATURE OF NOTARY ATTENTION NOTARY: Although the information requested below is OPTIONAL, it could prevent THIS CERTIFICATE Title or Type of Document MUST BE ATTACHED Number of Pages g TO THE DOCUMENT DESCRIBED AT RIGHT: Signer(s) Other Than Named Above _ CAPACITY CLAIMED BY SIGNER INDIVIDUAL(S) ❑ CORPORATE OFFICER(S) TITLE(S) ❑ PARTNER(S) ❑ ATTORNEY-IN-FACT ❑ TRUSTEE(S) ❑ SUBSCRIBING WITNESS ❑ GUARDIAN/CONSERVATOR ❑ OTHER: SIGNER IS REPRESENTING: NAME OF PERSON(S) OR ENTITY(IES) attachment of this certificate to unauthorized document. Date of Document © 1991 NATIONAL NOTARY ASSOCIATION • 8236 Remmet Ave. • P.O. Box 7184 • Canoga Park, CA 91304-7184 State of California County of Orange On -Z16 HS7/ til before me Anil R. Sanade, a Notary Public, Personally appeared oq"44�F ,proved to me on the basis of satisfactory evidence to be the personf,V whose names is/a,A subscribed to the within instrument and ack owledged to me that P�9/she/thy executed the same in I fi/ er/th *r authorized capacity(i�Va), and that by �s/her/th�ir signature on the instrum nt the personS*, or the entity upon behalf of which the person) acted, executed the intrument. WITNESS my hand and official seal. m °' �•. • ANIL R. SANADE COMM. #1091135 m NOTARY PUBLIC -CALIFORNIA m ORANGE COUNTY (J My COMM. Expires Mar. 17 2000 Descrption of Attached Document �^ / Title or Type of Document:✓rl.;r,4s� CST `Pss�%io� Document Date: Number of Pages: State of California County of Orange �_J V&7before me, Monica S, Kutz. Notary Public, personally appeared 1 V7ersonally known to me - OR - ❑ ,a ,• Monica S. Kutz ; Comm. #1013469 ® NOTARY PUBLIC CALIFORNIA" ORANGE COUNTY 0 Fo Comm Expires Jan. 13, 1990 -+ CAPACITY CLAIMED BY SIGNER Individual — Corporate Officer Limited Partner _ General Partner Attorney -in -Fact _ Trustee(s) _ Guardian/Conservator _ Other: Signer is Representing: 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), orthe entity upon behalf of which the person(s) acted, executed the instrument. WITNESS my hand and official seal. 1 DESCRIPTION OF ATTACHED DOCUMENT Title or Type of Document Number of Pages Date of Document Signer(s) Other Than Named Above