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HomeMy WebLinkAboutC-2125(A) - Assignement of Agreement for Non-Standard Street Improvements (for Tract No. 11604)RECORDED AT THE REQUEST OF AND WHEN RECORDED MAIL TO: J.M. Peters Company, Inc. 1601 Dove Street, Suite 190 Newport Beach, California 92660 Attn: Nancy Sparks ASSIGNMENT OF AGREEMENT FOR NON-STANDARD STREET IMPROVEMENTS TRACT NO. 11604 SJ-- L iL.. '.8 C2 $15.00 C17 s5--? 4%%O scc►r rteck RECORDING REQUESTED BY FIRST AMERICAN TITLE INS. CO. RECORDED IN OFFICIAL RECORDS OF ORANGE COUNTY. CALIFORNIA watt° PM APR 13 '85 THIS ASSIGNMENT OF AGREEMENT FOR NON-STANDARD STREET IMPROVEMENTS is entered this llth day of March, 1985, by and between BAYRIDGE, a Joint Venture ("Assignor"), and BAYRIDGE PARK/ASSOCIATION, a California nonprofit benefit corporation ("Assignee"). RECITAL S: COUNTY FIECORCER A. Assignor is the owner of Tract 11604 as recorded in Book 529, Pages 25 through 28 inclusive, and has entered into a written "Agreement for Non -Standard Street Improvements Tract No. 11604" dated February 11, 1985, with the City of Newport Beach, a municipal corporation. B. The Agreement for Non -Standard Street Improvements was recorded on February 19, 1985, as Instrument No. 85-057908 in the Official Records of Orange County, California. C. Assignor desires by this Assignment to assign all of its rights and obligations under said Agreement for Non -Standard Street Improvements to Assignee subject to all of the terms and conditions thereof. 7%,:s do cu6eiN9 / - re co rO r ci fv CO rret [ e NAmeS QSSI yNor a d -t/lAe Assi1Ne . s�a%rc� r� +ire /kr4tou ctloo�e a.Ad ;Ai fie aGk Now IediAie,t+s. THIS INSTRIMENT RLEO FOR RECORD BY FIRST AMEMCAN ACCOMMO�TION R EENEPANY EXAMINEDAS AS TO rrs EXECUTION OR AS TO (TS EFFECT UPON THE TITLE. 85--194860 F r--1384118 D. Paragraph 9 of the Agreement for Non -Standard Street Improvements permits Assignor to assign its rights and obligations thereunder, without the consent of the City of Newport Beach being required, to a community association respon- sible for the maintenance of the adjacent private streets and upon such Assignment, Assignor is automatically relieved of any further obligations thereunder to the City of Newport Beach. NOW, THEREFORE, the parties hereto agree as follows: 1. Assignor hereby assigns to Assignee all of Assignor's rights and obligations under said Agreement for Non - Standard Street Improvements effective as of the date hereof. 2. Assignee assumes and agrees to be bound by and perform all covenants, conditions, obligations and duties of Assignor under the Agreement for Non -Standard Street Improvements effective as of the date hereof as if Assignee were the original party to the Agreement, and Assignee agrees to hold Assignor free and harmless from any further liability, of any kind or nature whatsoever, arising out of said Agreement. 3. This Assignment contains all of the agreements of the parties hereto with respect to the matters contained herein, and no prior agreement, arrangement or understanding pertaining to any such matters shall be effective for any purpose. IN WITNESS WHEREOF, the parties hereto have executed this Assignment on the date first above written. -2- 85--1S48'O ,-- "8118 ASSIGNOR: BAYRIDGE, a joint venture, composed of J.M. PETERS COMPANY, INC., a California corporation, and DSL SERVICE COMPANY, a California corporation By: J.M. PETERS COMPANY, INC., a California corporation, a joint venturer, authorized agent By: By: ROBERT J. T�,PI� VICE PRE'9IDr''9NT :;22e7 R BERT C. LIEWER, VICE PRESIDENT ASSIGNEE: BAYRIDGE PARK HOMEOWNERS ASSOCIATION a California nonprofit benefit corporation By: VALERIE VAN DE SILVB.j President By: Affidavit for notary stamp shown hereon I certify under the penalty of perjury that the notary seed on the document to which this statement is attached reads as follows: Name of Notary: C h r s+'^a- E. L i e b Date Commission Expires: Nov . y 19 8 County Where Bond is Filed: O r A N j e PLACE OF EXECUTION: S A"' A '' ,First American Titie InsuraitadCo. N•+•CY SP•KS Secretary S5-194860 8:1 13812.8 COUNTY OF ORANGE \S„TATE OF CALIFORNIA ) ss. COUNTY OF ORANGE On\ (� � , 1985, before me, the undersigned, a Notary Public in and for said State, personally appeared ROBERT J. TR4PP and ROBERT C. LIEWER, personally known to me or proved to me bn the basis of satisfactory evidence ,to be the persons who executed the within instrument as Vice'President and Vice President or\on behalf of J.M. PETERS COMPANY, INC., a corporation, and acknowledged to me that they subscribed the name of the corporation, said corporation being one of the joint venturers of BELCOURT\\ERRACE I, the joint venture therein named. WITNESS my hand and'.of f icial seal. STATE OF CALIFORNIA ) ) )/ Noaryy -Public in and for $aid State On , 1985, before me, the\undersigned, a Notary Piibefic tin and for said state, personally appeared VALERIE VAN DE SILVER and NANCY SPARKS, personally knoktn to me or proved to me on the basis of satisfactory evidence tix be the ,x persons who ecuted the within instrument as President and Secretary or on behalf of BELCOURT TERRACE HOMEOWNERS ASSOCIATION, a California nonprofit benefit corporation, the corporation\ therein named, and acknowledged to me that such corporation the within instrument pursuant to its by-laws or a resolution of its board of directors. WITNESS my hand and official seal. Nota Public in and for id State 85-134860 ASSIGNOR: BAYRIDGE, a joint venture, composed of J.M. PETERS COMPANY, INC., a California corporation, and DSL SERVICE COMPANY, a California corporation By: J.M. PETERS COMPANY, INC., a California corporation, a joint venturer, authorized agent ROBERT ASSIGNEE: J. TRA_ PPS, VICE PRE`1DENT �, rK BAYRIDGE/HOMEOWNERS ASSOCIATION a California nonprofit benefit corporation EV, VICE PRESIDENT By: VALERIE VAN D S LVER, President By: NANCY 2 SPAR , Secretary 85--1948€0 COUNTY OF ORANGE STATE OF CALIFORNIA ) ss. COUNTY OF ORANGE On , 1985, before me, the undersigned a Notary Public in aAd for said State, personally appeared ROBERT J. TRAPP and ROBERT C. LIEWER, personally known to me or proved to me on the basis of satisfactory evidence to be the persons who executed the within instrument as Vice President and Vice President or on behalf of J.M. PETERS COMPANY, INC., a corporation, and acknowledged to me that they subscribed the name of the corporation, said corporation being one of the joint venturers of BAYRIDGE, the joint venture therein named. WITNESS my hand and official seal. OFFICIAL SEAL " I\ CHRISTINA E LIEBL • \ NOTARY PUBLIC - CALIFORNIA PRINCIPAL OFFICE IN ORANGE COUNTY My Commission Exp. Nov. 4, 19 88msysgsLI STATE OF CALIFORNIA ) ss. ) Notary Public in and fot said State FIRST AMERICAN REQUESTED ®Y AMERICAN TITLE INS. CO. RECORDED IN OFFICIAL RECORDS OF ORAnICF COUNTY. CALIFORNIA -4 QO PP/1 MAY 2 9'85 COUNTY RECORDER On , 1985, before me, the undersigned a Notary Public in nd for said State, personally appeared VALERIE VAN DE SILVER and NANCY SPARKS, personally known to me or proved to me on the basis of satisfactory evidence to be the persons who executed the within,jnstrument as President and Secretary or on behalf of BAYRIDGE/HOMEOWNERS ASSOCIATION, a California nonprofit benefit corporation, the corporation therein named, and acknowledged to me that such corporation the within instrument pursuant to its by-laws or a resolution of its board of directors. WITNESS my hand and official seal. OFFICIAL SEAL :-: CHRISTINA E. LIEBL ° -) NOTARY PUBLIC • CALIFORNIA PRINCIPAL OFFICE IN ORANGE COUNTY My Commission Exp. Na. 4, 1988 Notary Public in and for said State