HomeMy WebLinkAboutC-7410-11 - Beacon Bay, 1 - Termination of Leasehold 2004This Document , ,s electronically recorded by
.quity Title B
Recorded in Official Records, Orange County
RECORDING REQUESTED BY AND Tom Daly, Clerk -Recorder
WHEN RECORDED RETURN T0:
City Manager's Office I I 11111111 I 11 111111 II 1111111111111111111111 21.00
City of Newport Beach 105 2005000053311 04:29pm 01/21/05
Boulevard 0.00 0
3300 Newport Bould 4 . T03 6
p 0.0.00 0.00 0.00 15.00 0.00 0.00 0.00
Newport Beach, CA 92663
TERMINATION OF LEASEHOLD
This agreement is made this � day of V-C�-, 200y, by and
between the CITY OF NEWPORT BEACH, hereinafter called "Lessor", and Louis
Sabatasso, Trustee of the Louis Sabatasso Living Trust dated February 23, 1998,
hereinafter called "Lesser:".
RECITALS
A. Lessor and Lessee executed a lease on January 27, 2000, and
subsequently recorded January 27, 2000, by the County Recorder of Orange County,
California as Instrument No. 20000048087. By the terms of the lease, the following
described property was leased to Lessee until July 1, 2044.
�I- Lot 1 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,
together with Lot H and I as shown on said map, except the southeasterly 10.00 feet of
said Lot 1.
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, lease and vaca.i- the P,-,-2mises as described
herein above as of��.y ar /�y�nd 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
BY: iC
Lessor: 0 Lal aY:
Lessee: Lou Sabatasso, Trustee
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CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT
State of California
ss.
County of _0 Rea i G9 -F_
c t
Onrbefore me, l 1N%9
Date Name and Title of Officer (e.g., "Jane Doe, Notary Public") 1
personally appeared _ C? <+_'"_;'(,
Name(s) of Signer(s)
❑ personally known to me
L, ved to me on the basis of satisfactory
evidence
to be the person(p whose name( is9�re
subscribed to the within instrumen and
acknowledged to me 41�6 heAi eq -executed
the same inis authorized
capacity(ies}, and that by h Ir
ANNE MANSOUP, signature() on the instrument the oor
s ;fYy
Commission # 1424298 the entity upon behalf of which the person( )
Notary Public -California � acted, executed the instrument.
Orange County
My Comm. Expires Jul 11, 2007 ESS my hand an official seal.
I tl it
ISignature of NotaNLPublic
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 AttachedDocument
Title or Type of Document: t �u,(L (®,�r�b �1 l a ) S,
]
Document Date: ( T17
(') 1f — Number of Pages:
Signer(s) Other Than Named Above:
Capacity(ies) Claimed by Signer
Signer's Name: 1 --C)U (. S J� 1)
❑ Individual lTopof thumb here
❑ Corporate Officer — Title(s):
❑ Partner — ❑ Limited ❑ General
❑ At5orney-in-Fact
'trustee
❑ Guardian or Conservator
❑ Other:
Signer Is Representing:
v tayv rva Iel Notary Association - 9350 De Soto Ave., P.O. Box 2402 - Chatsworth, CA 91313-2402 - www.nationalnotary.org Prod. No. 5907 Reorder: Call Toll -Free 1-800-876-6827
Equity Title Company
17772 E. 17x` .Street #101 Tustin, Ca 92780
Phone 714-730-1800 Fax 714-730-5308
I CERTIFY UNDER PENALTY OF PERJURY THAT THE rr.r-EGI LE PORTION OF THIS
DOCL14ENT TO WHICH IS SrA2ET4ENP IS ATTACHED READS AS FOLLOWS:
AGREEMENT
Lessee agrees to terminate the lease and vacate the premises as described
herein above as of close of escrow and Lessor agrees to accept such
PLACE OF ON: DATE:
TITLE CCMPANY/SIGNATUIRE
EQUITY TITLE
COMPANY
Government Code 27361.7
2112 E. 4th St.
Santa Ana, CA 92705
Phone: (714) 972-4200
Fax: (714) 972-4201
I certify under penalty of perjury that the notary seal on
the document to which this statement is attached reads as
follows:
Name of Notary:
Commission Number: 62
County Where Bond is Filed:
Date Commission Expires:
Vendor Number:
Place of Execution:
Date:
Signature:
11
EQUITY TITLE
COMPANY
Government Code 27361.7
2112 E. 4th St.
Santa Ana, CA 92705
Phone: (714) 972-4200
Fax: (714) 972-4201
I certify under penalty of perjury that the notary seal on
the document to which this statement is attached reads as
follows:
Name of Notary:
Commission Number:
County Where Bond is Filed:
Date Commission Expires:
Vendor Number:
Place of Execution:
Date:
Signature: