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HomeMy WebLinkAboutC-7423-9 - Beacon Bay, 43 - Termination of Leasehold 2001RECORDING REQUESTED BY AND WHEN RECORDED RETURN TO: City Manager's Office City of Newport Beach 3300 Newport Boulevard Newport Beach, CA 92663 Recorded in Official Records, County of Orange Gary Granville, Clerk -Recorder 1111111111111111111111111111111111111111111111111111111111a.aa 20010689996 04:30pm 09128101 107 23 T01 3 0.00 0.00 0.00 0.00 4.00 0.00 0.00 0.00 TERMINATION OF LEASEHOLD This agreement is made this 20*day of June 2001, by and between the CITY OF NEWPORT BEACH, hereinafter called "Lessor", and Robed L. Thorne and Julie A. Thorne, hereinafter called "Lessee". RECITALS A. Lessor and Lessee executed a lease on June 27, 1994, and subsequently recorded December 7, 1994, by the County Recorder of Orange County, California as Instrument No. 94-0701503. By the terms of the lease, the following described property was leased to Lessee until July 1, 2044. Lot 43 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 their obligations under the lease. AGREEMENT Lessee agrees to terminate the lease and vacate the premises as described herein above as of U1% 20200 I ,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 BY: Lessor: City Mangy er Lessee: Robert L. Thorne B-� Les,!�W Julie A. Thorne L 3{� (sP�, CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT State of California ,� / County of rGll�G� t/ ss. On �n� 21, �,o�I, before me, ��i) C VA(y, Date y Name and Title of Officer (e.g., "Jane Doe. Notary Public") ' personally appeared (/in -f -r li LEILANI V. INE$ A Commission # 1170960 Z No-ary Public - California 2 Orange County ' M C:Xnm. Y Expires Jan 25, 2002 or Signers) 1Z personally known to me ❑ proved to me on the basis of satisfactory evidence to be the person whose name(,k'f &are subscribed to the within instrument and acknowledged to me tbq, I e/ he/they executed the same in I r/their horized capacity(XQI and that by $Dprs�cn( er/their signature(x on the instrument the 1<, or the entity upon behalf of which the person( acted, executed the instrument. WITNESS my hand and offici I seal. 64MV_� � , Place Notary Seal Above Signature of Notary Public 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 Signer's Name: ❑ Individual ❑ Corporate Officer — Title(s): ❑ Partner — ❑ Limited ❑ General ❑ Attorney in Fact ❑ Trustee ❑ Guardian or Conservator ❑ Other: Signer Is Representing: Number of Pages: RIGHT THUMBPRINT OF SIGNER .p of thumb her cfd 1997 National Notary Association - 9350 De Soto Ave.. P O. Box 2402 - Chatsworth, CA 91313-2402 Prod. No. 5907 Reorder: Call Toll -Free 1-800.876-6827 ACKNOWLEDGMENT STATE OF CALIFORNIA ) ss. COUNTY OF ORANGE ) On June A 2001, before me, z!!&� �l� o� , personally appeared ROBERT L. THORNE and JULIE A. THORNE, r proved to me on the basis of satisfactory evidence to be the persons whose names are subscribed to the within instrument and acknowledged to me that they executed the same in their authorized capacities, and that by their signatures on the instrument the person, or the entity upon behalf of which the person acted, executed the instrument. WITNESS my hand and official seal. Notary Public My commission expires: NelV m FARAD K. MANSOUR m COMM ... 1282506 NOTARY PURIC-MIFORNIA --I tD ORANGE COUNTY W My Term Exp. Nov. 18, 2004