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HomeMy WebLinkAboutC-7409-13 - Beacon Bay, 2 - Termination of Leasehold 2021RECORDED AT THE REQUEST OF CHICAGO TITLE Recording Requested By and When Recorded Return To: City of Newport Beach 100 Civic Center Drive Newport Beach, Califomia 92660 Attn: City Clerk Recorded in Official Records, Orange County Hugh Nguyen, Clerk -Recorder IIII1111111111111111111111111111111111111111111111111 111111IIIII NO FEE *$ R 0 0 1 3 1 1 1 8 4 0$* 20210005344701:28 pm 08125121 227 NC -5 T01 4 0.00 0.00 0.00 0.00 9.00 0.00 0.000.000.00 0.00 (Exempt from Recording Fees — Government Code §§ 6103 and 27383) (SPACE ABOVE THIS LINE FOR RECORDER'S USE) TERMINATION OF LEASEHOLD- . •... This Termination of Leasehold is made this &- day of August, 2021, by and between the CITY OF NEWPORT BEACH, hereinafter called "Lessor", and David Fletcher, Trustee of the Family Bypass Trust under. the Douglas and Sally Fletcher Revocable Trust, hereinafter called "Lessee". RECITALS A. Lessor and Lessee executed a lease on February 15, 2013, for which a Memorandum of Lease was recorded February 19, 2013, by the County Recorder of Orange County, California as Instrument No. 20130001.01.679. By the term.s.of the Lease, the following described }property was leased to Lessee until February 15, 2063. The northwesterly 45.00 feet of Lot 2 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 Califomia, together with Lot H and I and the southeasterly 10.00 feet of Lot 1 as all are shown on said map. 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 his obligations under the Lease. AGREEMENT Lessee agrees to terminate the Lease as described herein above as of August,, 2021, and Lessor agrees to accept such termination, and Lessor and Lessee agree to discharge and release each other from all obligations under the Lease as of said date. [SIGNATURES ON NEXT PAGE] RECORDED AT THE REQUEST OF CHICAGO TITLE Recording Requested By and When Recorded Return To: City of Newport Beach 100 Civic Center Drive Newport Beach, California 92660 Attn: City Clerk (Exempt from Recording Fees — Government Code §§ 6103 and 27383) (SPACE ABOVE THIS LINE FOR RECORDER'S USE) TERMINATION OF LEASEHOLD This Termination of Leasehold is made this day of August, 2021, by and between the CITY OF NEWPORT BEACH, hereinafter called "Lessor", and David Fletcher, Trustee of the Family Bypass Trust under the Douglas and Sally Fletcher Revocable Trust, hereinafter called "Lessee". RECITALS A. Lessor and Lessee executed a lease on February 15, 2013, for which a Memorandum of Lease was recorded February 19, 2013, by the County Recorder of Orange County, California as Instrument No. 2013000101.679. By the terms .of the Lease, the following described property was leased to Lessee until February 15, 2063. The northwesterly 45.00 feet of Lot 2 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 and the southeasterly 10.00 feet of Lot 1 as all are shown on said map. 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 his obligations under the Lease. AGREEMENT Lessee agrees to terminate the Lease as described herein above as of August_, 2021, and Lessor agrees to accept such termination, and Lessor and Lessee agree to discharge and release each other from all obligations under the Lease as of said date. [SIGNATURES ON NEXT PAGE] se� C,�C)Ar nen+ t 1 IN WITNESS WHEREOF, the Parties have caused this Termination of Leasehold to be executed on the dates written below. APPROVED AS TO FORM: OFFICE OF THE CITY ATTORNEY Date: 8/Ifo/ 20 ZI By: 01� -- Aaron Harp City Attorney ATTEST: rr23 euJ�` � D Date: b . BrownBy: rfdk�'j City Clerk 7 CITY OF NEWPORT BEACH, A California municipal corporation Date: AUG,2 0 2021 By: Grace. Leung City anager LESSEE Date: l Z '2io By: -w'' I W/ David Fletcher, Trustee of the Family Bypass Trust under the Douglas and Sally Fletcher Revocable Trust ACKNOWLEDGMENT A notary public or other officer completing this certificate verifies only the identity of the individual who signed the document to which this certificate is attached, and not the truthfulness, accuracy, or validity of that document. State of California County of C) }ss. On gl I 1 2�- , 20 * a l , before �u�lme, 2 q Y)b4 , Notary Public, personally appearedyt _�L2, , who 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/she/they executed the same in his/her/their authorized capacity(ies), and that by his/her/their signatures(s) 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 off seal. Sig ture (seal) *my MICHELLE PAGENotary Public - California Orange CountyCommission # 2303565 Comm. Expires Sep 17, 2023 ATTACHMENT "1" LEGAL DESCRIPTION OF THE PROPERTY That certain real property located in the City of Newport Beach, County of Orange, California, described as follows: The northwesterly 45.00 feet of Lot 2 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 and the southeasterly 10.00 feet of Lot 1 as all are shown on said map. As more specifically described .as follows: Parcel 1: The Westerly 45 feet of Lot 2, and the Easterly 10 feet of Lot 1, in the City of Newport Beach, County of Orange, State of California, as shown upon a. Record of Survey map recorded in Book 9 Pages 42 and, 43 of Record of Surveys,. on file in the Office of the County Recorder of said County; together with certain portions of adjoining Lots I and H as shown upon said map and as more fully in said lease. Parcel 2: That Portion of Lot "I" Fronting the :Westerly 45 Feet of Lot 1 and the Easterly 10 feet of Lot 1 and Extending Southward To The U.S. Bulkhead Line. Parcel 3: That Portion of Lot "H" Fronting The Westerly 45 Feet of Lot 2 and the Easterly 10 Feet of Lot 1, Being that portion bounded by the prolongation of the West and East Lines of the Westerly 45 Feet of Lot 2 and the Easterly 10 Feet of Lot 1 Northwardto the Boundary of Beacon Bay Subdivision. 3