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HomeMy WebLinkAboutC-7368-14 - Beacon Bay, Lot C (Harbor Island Road, 101) - Consent to Assignment and Amendment to MOL 2022Batch 14019695 Confirmation Page 1 of 6 Recording Requested By and When Recorded Return To: City of Newport Beach 100 Civic Center Drive Newport Beach, California 92660 Attn: City Clerk Recorded in Official Records, Orange County Hugh Nguyen, Clerk -Recorder II 1111 111111111111111' III I I 111 IIII 1�111 I II 32.00 *$ R 0 0 1 3 7 5 2 8 4 5 $ * 202200019278810:25 am 05/25/22 90 SC5A C34 A17 7 0.00 0.00 0.00 0.00 18.00 0.00 0.000.000.00 0.00 (SPACE ABOVE THIS LINE FOR RECORDER'S USE) EXEMPT FROM RECORDING FEES PER CAL. GOV. CODE §§ 6103 AND 27383 APNS: 050 220 04 CONSENT TO ASSIGNMENT AND AMENDMENT TO MEMORANDUM OF LEASE THIS CONSENT TO ASSIGNMENT AND AMENDMENT TO MEMORANDUM OF LEASE ("Memorandum") is made and entered into as of the 7th day of March 2022, by and among Kenneth J. Strottman and Barbara J. Strottman, Trustees of the Strottman Family Trust dated March 15, 1989 ("Assignor"), Barbara J. Strottman, Trustee of The Boathouse Trust established September 22, 2021 ("Assignee"), and the CITY OF NEWPORT BEACH, a California municipal corporation and charter city ("City") on the following terms and conditions: RECITALS A. The City entered into that certain lease ("Lease") dated January 14, 1996, with Kenneth J. Strottman and Barbara J. Strottman, Trustees of the Strottman Family Trust dated March 15, 1989 ("Lessee"), concerning certain real property located at 101 Harbor Island Drive, described as: Lot C 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, sometimes referred to as Beacon Bay Lot C ("Property") as evidenced by a Memorandum of Lease recorded on January 16, 1996, as Instrument No. 19960020103 ("Memorandum of Lease") in the Official Records of Orange County ("Official Records"). B. Lessee has since amended and restated their trust documents, as most recently evidenced by the Tenth Amendment to and Complete Restatement of the Strottman Family Trust, as amended and restated December 21, 2020. C. On September 22, 2021, Lessee remised, released and forever quitclaimed the Property to Kenneth J. Strottman, a married man as his sole and separate property, as evidenced by that certain Quitclaim Deed recorded on September 30, 2021, as Instrument No. 2021000604664 in the Official Records. https:Hgs.secure-recording.com/Batch/Confirmation/14019695 05/25/2022 Recording Requested By and When Recorded Return To: City of Newport Beach 100 Civic Center Drive Newport Beach, California 92660 Attn: City Clerk (SPACE ABOVE THIS LINE FOR RECORDER'S USE) EXEMPT FROM RECORDING FEES PER CAL. GOV. CODE §§ 6103 AND 27383 APNS: 050 220 04 CONSENT TO ASSIGNMENT AND AMENDMENT TO MEMORANDUM OF LEASE THIS CONSENT TO ASSIGNMENT AND AMENDMENT TO MEMORANDUM OF LEASE ("Memorandum") is made and entered into as of the 7th day of March 2022, by and among Kenneth J. Strottman and Barbara J. Strottman, Trustees of the Strottman Family Trust dated March 15, 1989 ("Assignor"), Barbara J. Strottman, Trustee of The Boathouse Trust established September 22, 2021 ("Assignee"), and the CITY OF NEWPORT BEACH, a California municipal corporation and charter city ("City") on the following terms and conditions: RECITALS A. The City entered into that certain lease ("Lease") dated January 14, 1996, with Kenneth J. Strottman and Barbara J. Strottman, Trustees of the Strottman Family Trust dated March 15, 1989 ("Lessee"), concerning certain real property located at 101 Harbor Island Drive, described as: Lot C 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, sometimes referred to as Beacon Bay Lot C ("Property") as evidenced by a Memorandum of Lease recorded on January 16, 1996, as Instrument No. 19960020103 ("Memorandum of Lease") in the Official Records of Orange County ("Official Records"). B. Lessee has since amended and restated their trust documents, as most recently evidenced by the Tenth Amendment to and Complete Restatement of the Strottman Family Trust, as amended and restated December 21, 2020. C. On September 22, 2021, Lessee remised, released and forever quitclaimed the Property to Kenneth J. Strottman, a married man as his sole and separate property, as evidenced by that certain Quitclaim Deed recorded on September 30, 2021, as Instrument No. 2021000604664 in the Official Records. D. On September 22, 2021, Kenneth J. Strottman, a married man, remised, released and forever quitclaimed the property to Assignee, as evidenced by that certain Quitclaim Deed recorded on September 30, 2021 as Instrument No. 2021000604665 in the Official Records. E. Lessee hereby requests City to consent to all interest in and to the Lease be assigned to Barbara J. Strottman, Trustee of The Boathouse Trust established September 22, 2021. CONSENT AND AGREEMENTS NOW, THEREFORE, the parties hereby agree as follows: 1. City does hereby consent to the assignment of Lessee's interest in and to the Lease to Barbara J. Strottman, Trustee of The Boathouse Trust established September 22, 2021 ("Lease Assignment"). Any further distribution of the Property under the Lease Assignment, whereby Assignee is not the sole beneficiary, shall not be considered an exempt transfer, as defined in the Lease. 2. This Lease Assignment shall be subject to each and all of the covenants, conditions, and restrictions set forth in the Lease and shall be binding upon and shall inure to the benefit of the parties hereto and their respective heirs, successors, and beneficiaries. 3. Upon the death of the last to die of the Trustees, the successor Trustee shall comply with all provisions of the Lease, including those conditions precedent and rent requirements of Section 3 of said Lease. 4. All notices and other communications required or permitted under this Consent to Assignment shall be in writing, served personally on, or mailed by certified or registered United States mail to the party to be charged with receipt thereof. Notices and other communications served by mail shall be deposited in a United States post office, as certified or registered mail with postage prepaid and duly addressed to the party to whom such notice or communication is to be given as follows: Notice to Assignee: Barbara J. Strottman, Trustee of The Boathouse Trust established September 22, 2021 101 Harbor Island Drive, Lot C Newport Beach, CA 92660 Notice to City: Attention: Real Property Administrator City of Newport Beach 100 Civic Center Drive Newport Beach, CA 92660 Consent to Assignment and Memorandum of Lease Page 2 Any such party may change said party's address for purposes of this Section by giving to the party intended to be bound thereby, in the manner provided herein, written notice of such change. 5. The Memorandum of Lease is amended such that the "Lessee" identified therein shall mean and refer to Assignee. 6. This Consent shall become effective upon recording. [SIGNATURES ON FOLLOWING PAGE] Consent to Assignment and Memorandum of Lease Page 3 EXECUTED on the dates indicated below, at Newport Beach, Orange County, California. APPROVED AS TO FORM: CITY OF NEWPORT BEACH, CITY ATTORNEY'S OFFICE a California municipal corporation Date: Date:�� Aaron rp Gra . Leung City Atto y WZ'/ ' Z�— Cit anager ATTEST: Date:_ �.0�?j ��� ASSIGNOR: Kenneth J. Strottman and Barbara J. Strottman, Trustees of the Strottman Family Trust dated March 15, 1989 0( Date; i� Leilani I. Brown Kenneth J. Strottman City Clerk Trustee Date: oZ Barbara J. Strot an Trustee ASSIGNEE: Barbara J. Strottman, Trustee of The Boathouse Trust established September 22, 2021 Date: Z Barbara J. Strottm Trustee Consent to Assignment and Memorandum of Lease Page 4 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 Californi County of ti•V On L�� I % before me, (insert name and title of the officer) personally appeared _ bVIVt-o-k J . 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 signature(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 offici seal *;y. OEBRAMICHELLEJONES Notary Public - California z = Orange Count Cn^;rris; on 2276460 My Camn.. Expire, Feb 2, 2023 Signature (Seal) 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 Calif or is County of I✓ln V� On _IA �-, �� a �— before me, � �- • � 1, ay I � jVVUj (insert name and title of the officer) personally appeared (% 6U✓ti A - 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 signature(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 offi is eal. DEBRA MICHELLE JONES ,as Notary Public . California Orange County Commission H 2276460 My Comm. Expires Feb 2, 2023 Signature (Seal) CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT CIVIL CODE § 1189 .c�C�C_.�•_TC_� sa _.� ,caC_s�C_saC� .� ..s� ,zaC,.� ...aGs�C.z� _�C..�Gc� _�C_� _caC�C_�C_.� _aaC_�C_z��_T .s�. C,c� ..C.�. 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 ORI=11 l" ) On M(A l %6,1022- before me, JCNmfw- ANN Y1 %JU%-1 ' NOTH2`1 PUBLac, Date Here Insert Name and Title of the Officer personally appeared C.oAce LEvr1C> Name(s) of Signer(s) who proved to me on the basis of satisfactory evidence to be the person(&) whose name(s) is/are subscribed to the within instrument and acknowledged to me that hefshe/they executed the same in hWher/their authorized capacity(ies)—,and that by hWher/their signature(s) on the instrument the person(e), or the entity upon behalf of which the person(s) acted, executed the instrument. 0*.1-my JENNIFER ANN MULVEY iNotary Pubik • Cnilania Orww County Commission of23752" Comm. Expires Oct 12, 2025 I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my Signature and official Signature Place Notary Seal Above OPTIONAL Though this section is optional, completing this information can deter alteration of the document or fraudulent reattachment of this form to an unintended 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: ❑ Corporate Officer — Title(s): ❑ Partner — ❑ Limited ❑ General ❑ Individual ❑ Attorney in Fact ❑ Trustee ❑ Guardian or Conservator ❑ Other: Signer Is Representing: Number of Pages: Signer's Name: ❑ Corporate Officer — Title(s): ❑ Partner — [] Limited ❑ General ❑ Individual ❑ Attorney in Fact ❑ Trustee ❑ Guardian or Conservator ❑ Other: Signer Is Representing: �-y •✓ •.v.'er� •ir •✓ •.:r •ei. � -✓ -�.-✓ •�i-ev -rr 'ter •��.'d •er .y •✓ •tr •✓ •✓may •d •� •U' ••✓ •y •y •y6-e� -�6-av -✓ -✓ -.v -�� •� •✓6� •� •