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HomeMy WebLinkAboutC-7349-21 - Beacon Bay, 66 - Termination of Leasehold 2008Recording Requested by Uv ',ed General Title Insurance Company RECORDING REQUESTED BY AND WHEN RECORDED RETURN TO: City Manager's Office City of Newport Beach 3300 Newport Boulevard Newport Beach, CA 92663 This Document was electronically recorded by United Diamond Bar Recorded in Official Records, Orange County Tom Daly, Clerk -Recorder 1111111111111111111111111111111111111111111111111111111111111111115.00 2008000314171 04:30pm 06/30/08 120 33 T03 4 0.00 0.00 0.00 0.00 9.00 0.00 0.00 0.00 TERMINATION OF LEASEHOLD This agreement is made this k5ay of �-Tu me , 2008, by and between the CITY OF NEWPORT BEACH, hereinafter called "Lessor", and SUSAN J. BARLOW, TRUSTEE OF THE SUSAN J. BARLOW TRUST dated March 14, 2006, hereinafter called "Lessee". RECITALS A. Lessor and Lessee executed a lease on May 8, 2006 and subsequently recorded May 8, 2006, by the County Recorder of Orange County, California as Instrument No. 2006000308397. By the terms of the lease, the following described property was leased to Lessee until July 1, 2044. Lot 5 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 66. 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. Lessee agrees to terminate the lease and vacate the premises as described herein above as of .)(AAe ani. U09 , and Lessor agrees to accept such termination and the premises, and Lessor and Lessee agree to discharge and release each other from a!! 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: Less r: City Manager BY: TTF Lessee: Susan J. ow, Trustee STATE 1-)F CALIFORNIA COUNTY OF ') . On 11 Ih� before me, , , a Notary Public in and for said State, personally appearedS( 1CCLjn b XD who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s is re subspribed to the within instrument and acknowledged to me that heshe hey executed the same in his/ er heir authorized capacity(ies), and that by his er eir signs ure(s) on the instrument the person(s), or the entity upon behalf of which the person(sj 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 fficial seal Signature ESCROW NO.: 058 -008614 -CJ S. COPE N COMM, $ 1772949 'n NOTARY PU1LN;•CALIFORNIA N \ Sew DIEGO Cowin �( Mr COMM. EXP. OCT 28, 2", his area for official notarial seal TITLE ORDER NO.: 347437 STATE OF CALIFORNIA COUNTY OF ORO -C/ On_ QA46 �' Mo before me, jf�jak(k I- br6W , a Notary Public in and for said State, personally appeared t -1 who proved to me on the basis of satisfactory evidence to be the persona whose names) is/a*e subscribed to the within instrument and acknowledged to me that he/sheA49y executed the same in his/hefA#heir authorized capacity(keo, and that by his/he# ii< signature(-&) on the instrument the person(•&}; or the entity upon behalf of which the personN acted, executed the instrument. I certify under PENALTY OF PERJURY under the paragraph is true and correct. WITNESS my hand and official seaal Signature 0►v laws of the State of California that the foregoing URM 1.00" COM6810n # 1693477 Notary PLOft - caNjorft %71MVC0M-R"Jw25,2014 is area for official notarial se ESCROW NO.: 058 -008614 -CJ TITLE ORDER NO.: 347437