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HomeMy WebLinkAboutC-7345-13 - Beacon Bay, 58 - Termination of Leasehold 2018C"rv,!FSTED BY TICOR TITLE ORANGE COUNTY BRANCH 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 Aftn: City Clerk Recorded in Official Records, Orange County Hugh Nguyen, Clerk -Recorder NO FEE *$ R 0 0 0 9 8 6 3 4 9 7$ 2018000036203 4:12 pm 01131118 143 401 T02 5 0.00 0.00 0.00 0.00 12.00 0.00 0.000.00 0.00 (Exempt From Recording Fees Pursuant to Government Code § 27383) 50-7V2 (SPACE ABOVE THIS LINE FOR RECORDER'S USE) .�/ TERMINATION OF LEASEHOLD This Termination of Leasehold is made this kSA' day of January, 2018, by and between the. CITY OF NEWPORT BEACH, hereinafter called "Lessor", and Joseph R. Kolling and Colleen M. Kolling, husband and wife as Joint Tenants, hereinafter called "Lessee". RECITALS A. Lessor and Lessee executed a lease on May 19, 2000, for which a Memorandum of Lease was recorded May 19, 2000, by the County Recorder of Orange County, California as Instrument No. 20000264741. By the terms of the Lease, the following described property was leased to Lessee until July 1, 2044. Lot 58 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 his obligations under the Lease. AGREEMENT Lessee agrees to terminate the Lease as described herein above as of January 2018, and Lessor agrees to accept such termination, and Lessor and Lessee agree to discharge and release each other from all obligations under the Lease as of said date. [SIGNATURES ON NEXT PAGE] r!- 0'IF78TED BY Ti(;UR TITLE ORANGE COUNTY BRANCH 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) 607 09Y (SPACE ABOVE THIS LINE FOR RECORDER'S USE) TERMINATION OF LEASEHOLD This Termination of Leasehold is made this jSt day of January, 2018, by and between the CITY OF NEWPORT BEACH, hereinafter called "Lessor", and Joseph R. Kolling and Colleen M. Kolling, husband and wife as Joint Tenants, hereinafter called "Lessee". RECITALS A. Lessor and Lessee executed a lease on May 19, 2000, for which a Memorandum of Lease was recorded May 19, 2000, by the County Recorder of Orange County, California as Instrument No. 20000264741. By the terms of the Lease, the following described property was leased to Lessee until July 1, 2044. Lot 58 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 his obligations under the Lease. AGREEMENT Lessee agrees to terminate the Lease as described herein above as of January (, 2018, and Lessor agrees to accept such termination, and Lessor and Lessee agree to discharge and release each other from all obligations under the Lease as of said date. [SIGNATURES ON NEXT PAGE] IN WITNESS WHEREOF, the Parties have caused this Termination of Leasehold to be executed on the dates written below. APPROVED AS TO FORM: OFFICE OF THE CITY ATTORNEY Date: t%zgT� I By: - Aaron Harp City Attorney ATTEST: Date�01 19 : By: A6 t N*,—_ Leilani I. Brown City Clerk u ���CDRNi P" CITY OF NEWPORT BEACH, A Califo nia municipal corporation Date: Iq By: David City Manager Pcc9=P Date:�/ �/� By: COI A notary public or other officer completing this certificate verifies only the identity of the individual who signet( the document to which this certificate is attached. and not the truthftilness, accuracy, or validity of that document. State of California County of OTd�i� C: On �icuJyrA¢1 17, Zoebefore me, jat4an4 Sano Leity j. rteUp&,¢v ►ihbj i ,e-> personally appeared _�J�F.\xA. kO 1l;rm __ _ __ ___ _ who proved to me on the basis of satisfactory evidence to be the pWon(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 ofwhich 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 seat. S ignaIt- MARTHA SANTIBANEZ m Commission # 2051381 a .gym Notary Public California D z : Orange County 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 F COUNTY /OF ) S.S. NOTARY PUBLIC On ......__�..... / / before me n Chi" personally appeared Joseph R. Kollingwho 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. �L- EARLE WITNESS my Band and official seal. �,XP...",°.� DENISE N#GG MY COMMISSION # �� 098404 Signature (Seal) ; EXPIRES: AprII 20,2021 Farr�o Bw&dTnruBudget Notary SeMcet ACKNOWLEDGMENT 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 Orange On -A ANUPMO-.t 3 0.2o 1 g before me, Jennifer Ann Mulvey, Notary Public (insert name and title of the officer) PPV ip personally appeared —a**c V.IF7 who proved to me on the basis of satisfactory evidence to be the person(4whose names) is/aFe subscribed to the within instrument and acknowledged to me that he/ executed the same in his/hQ4tWir authorized capacity(i@&), and that by his/he"flheir signature(&) on the instrument the person(s), or the entity upon behalf of which the person(.&) 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. amion n Mulvey WITNESS my hand and official seal. 2214138 m c California COUNTY .pj,, 0,, 11,1121 Signature (Seal)