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HomeMy WebLinkAboutC-7352-12 - Beacon Bay, Lot A (Harbor Island Road, 115) - Termination of Leasehold 1995b 'mm was= 9, ? :fia Ta& IC RECORDING REQUESTED BY AND WHEN RECORDED RETURN TO: City Manager's Office City of Newport Beach 3300 Newport Boulevard Newport Beach, CA 92663 recoraea in the county of orange, caiifornia Gary L. Granvilll�l it IlClerk/Recorder 13, 00 19960013204 4 ; 30pm 011109/96 005 156083 17 21 IB30 T03 3 7.00 6.00 0.00 0.00 0.00 0.00 TERMINATION OF LEASEHOLD 10 q This agreement is made this -elz day of 1995, by and between the CITY OF NEWPORT BEACH, hereinafter called "Lessor", and DAVID �1 A. FREIMANN AND KERRY L. FREIMANN, hereinafter called "Lessee". RECITALS A. Lessor and Lessee executed a lease on July 1, 1994, and subsequently recorded July 8, 1994, by the County Recorder of Orange County, California as Instrument No. 94-0446196. By the terms of the lease, the following described property was leased to Lessee until July 1, 2044. Lot A as shown on the map filed in Book 13, Page 42 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 agrees to terminate the lease and vacate the premises as described herein above as of Jan 09, 1996 , and Lessor agrees to accept such termination and the premises, 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 1-1 Lessor: K6virf J. Murohy�/City Manager 7 BY: �� 9 Lessee:'David A. Freimann Lessee: Kerry �(Freimann STATE OF CALIFORNIA COUNTY OF ORANGE On December 20, 1995 ) ss. before me, Diane Simmons in and for said County and State, personally appeared David A. Freimann and a Notary Public Kerry L. Freimann 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 acknowledged to me that he/slie/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. WITNESS my and official seal ✓._.___............. _ ..__� DIANE SIMMONS .;4• ;,': COMM. # 1011239 Notary Public — Colifomia v �_ ORANGE COUNTY Signature: /�Z� My Comm. Expires DEC 14.1997 STATE OF ( ,"7. � ss. COUNTY OF"ra �i On Pm b er a % /%9S before me, Y,J �QC[- /'I Q� !ifecIle"i— a Notary Public in and for said County and Slate, personally appeared personally known to me (or proved to me on the basis of satisfactory evidence) to be the person`(, whose naive 1`s/ re subscribed to the within instrument and ac iowledged to me thaljh he/they executed the same <71her/their authorized capacityomkl and that by his er/their signature(-.kon the instrument the person(5 or the entity upon behalf of which the person acted, executed the instrument. WITNESS my and official seal k 3 Shauna Lyn Oyler ¢ Comm #1002681 NOTARY PUBLIC CALIFORNIA^ GC ° ORANGE COUNTY Fo Comm Expires Aug 22, 1997 Alta Plain Language Commitment OR -9516559 TITLE OFFICER - LOPEZ ALL THAT CERTAIN LAND SITUATED IN THE STATE OF CALIFORNIA, COUNTY OF ORANGE, CITY OF NEWPORT BEACH, DESCRIBED AS FOLLOWS: A PARCEL OF LAND SITUATED IN THE NORTHWEST QUARTER OF SECTION 35, TOWNSHIP 6 SOUTH, RANGE -10 WEST, S. B. B. & M., DESCRIBED AS FOLLOWS: BEGINNING AT A POINT, SAID POINT BEING SOUTH 39° 48' EAST DISTANT 88.97 FEET AND NORTH 230 57' 30" EAST DISTANT 66.34 FEET FROM U.S. BULKHEAD STATION NO. 136, AS SAID U.S. BULKHEAD STATION IS SHOWN ON MAP ENTITLED "HARBOR LINES, NEWPORT BAY HARBOR, CALIFORNIA", AS APPROVED MAY 2, 1936 BY THE SECRETARY OF WAR AND -ON -FILE -IN -THE OFFICE OF THE DISTRICT ENGINEER, LOS ANGELES, CALIFORNIA, RUNNING THENCE NORTH 23- 57' 30" EAST A DISTANCE OF 60 FEET; THENCE SOUTH 39° 48' EAST 146.59 FEET TO A POINT IN THE NORTHWEST LINE OF HARBOR ISLAND DRIVE; THENCE SOUTH 18° 03'45 " WEST ALONG THE NORTHWEST LINE OF HARBOR ISLAND DRIVE, A DISTANCE OF 30 FEET; THENCE NORTH 51 ° 35' 55" WEST A DISTANCE OF 138.95 FEET TO THE POINT OF BEGINNING.