HomeMy WebLinkAboutC-7410-16 - Beacon Bay, 1 - Termination of Leasehold 2011RECORDING REQUESTED BY AND
WHEN RECORDED RETURN TO:
City Manager's Office
City of Newport Beach
3300 Newport Boulevard
Newport Beach, CA 92663
This Document as electronically recorded by
Cal Title MV
Recorded in Official Records, Orange County
Tom Daly, Clerk -Recorder
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2011000500108 10:37am 10/07/11
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TERMINATION OF LEASEHOLD
This agreement is made this JO +k day of 62011, by and
between the CITY OF NEWPORT BEACH, hereinafter ailed "Lessor", and Newport
Gatehouse LLC, hereinafter called "Lessee".
RECITALS
A. Lessor and Lessee executed a lease on April 15, 2005, and subsequently
recorded April 27, 2005, by the County Recorder of Orange County, California- as
Instrument No. 2005000321382. Additionally, a First Amendment to Lease Agreement
was executed on April 15, 2005, and subsequently recorded April 27, 2005, by the
County Recorder of Orange County, California as Instrument 2005000321383. By the
terms of the lease, the following described property was leased to Lessee until July 1,
2044:
"Lot 1 as shown on the map filed in Book 9, Page 42 and 43 of Record of Surveys, in the
office of the County Recorder, County of Orange, State of California, excepting there
from the easterly 10 feet thereof."
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 oc res�'71, 1 2011, 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.
ATTEST: CITY OF NEWPORT BEACH
o� m BY:
City Clerk Lessor: e Kiff, City Man er
APPROVED AS TO FORM: c"���p�`�� NEWPORT GATEHOUSE, LLC
C�Attorney se John A. Flynn,
Exe(/tive Vice President
CALIFORNIA ALL-PURPOSE ACKNOWLEDGEMENT
STATE OF CALIFORNIA)
COUNTY OF ORANGE )
On September 30, 2011 before me, M Locey, Notary Public, personally appeared Dave
Kiff who proved to me on the basis of satisfactory evidence to be the person whose
name is subscribed to the within instrument and acknowledged to me that he executed
the same in his authorized capacity, and that by his signature on the instrument the
person, 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.
M.LOCEY
WITNESS my hand and official seal. commission # 1as�abl z
"•i Notary Public - California
Z Orange County
4 Comm. Ex ires Oct 7, 2013
Pu' Lec""', (SEAL)
Notary Public in and for Srto
OPTIONAL INFORMATION
Title or Type of Document: Termination of Leasehold (Newport Gatehouse LLC)
Date of Document: September 30, 2011
CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT
State of California CA1.1 Fno1l9
County of ( 1eA)41't.
On SEnTgy►tipEQ3� 2p4�efore me, TG IyC M. CLwy Nc>-r;4JQy PU 18L I C
Date ^�~ Here Insert Mame and Title of the Officer
personally appeared +J 0104 AJ 1V
Name(s) of Signer(s)
JONE M. CLAY
Corraniaaion # 111111104111111119
iloft
Notary Public - CW*rnia
Ormpe County
Comm. n Jun &_._2&0 12 r
Place Notary Seal Above
who proved to me on the basis of satisfactory evidence to
be the person(.et whose name(o� is/afe subscribed to the
within instrument and acknowledged to me that
he/s13e/t4ey executed the same in his/ker/their authorized
capacity(+es), and that by his/leer/their signature(&) 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.
WITNESS my hand and official seal.
Signature qA .
Signature of Notary PLU
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 Attached Document
Title or Type of Document:
Document Date:
Signer(s) Other Than Named Above:
Capacity(ies) Claimed by Signer(s)
Signer's Name:
❑ Individual
❑ Corporate Officer — Title(s):
❑ Partner — ❑ Limited ❑ General
❑ Attorney in Fact •
❑ Trustee Top of thumb here
❑ Guardian or Conservator
❑ Other:
Signer Is Representing:
Number of Pages:
Signer's Name:
❑ Individual
❑ Corporate Officer — Title(s):
❑ Partner — ❑ Limited ❑ General
❑ Attorney in Fact •
❑ Trustee Top of thumb here
❑ Guardian or Conservator
❑ Other:
Signer Is Representing:
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