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Home My WebLink AboutC-6330(B) - Beacon Bay, 18 - MOL 2014Recorded in Official Records, Orange County Hugh Nguyen, Clerk -Recorder I I II III III 11�11 11�1 1111111 II 1[1 ]111 11�1 I I 1�1 11 *$ R 0 0 0 6 7 6 3 0 7 6$ 2014000232824 8:00 am 06/13/14 37 401 M11 F13 5 0.00 0.00 0.00 0.00 12.00 0.00 0.00 0.00 (Exempt From Recording Fees Pursuant to Government Code § 27383) (SPACE ABOVE THIS LINE FOR RECOr�DER'S USE) MEMORANDUM OF LEASE THIS MEMORANDUM OF LEASE is made and entered into between the City of Newport Beach, a California municipal corporation and charter city ("Lessor") and 18 Beacon Bay, LLC, a California limited liability company ("Lessee"). Lessor hereby leases to Lessee that real property located in the City of Newport Beach, County of Orange, California, described in Exhibit 1" attached hereto ("Property"). The term of the Lease is fifty (50) years, commencing June 2014 and ending June _" 2064. This Memorandum of Lease is subject to the terms, conditions and provisions of an unrecorded Lease between the parties dated June G , 2014, which is incorporated herein by reference. Unless extended by a recorded amendment or supplement hereto, this Memorandum of Lease will automatically terminate as of June k'-), 2064. [SIGNATURES ON NEXT PAGE] RECORDING MEOLIES1ED BY LAWYER) Tffff \� �.J Recording Requested By ^� ^� and When Recorded Return To: City of Newport Beach 100 Civic Center Drive P.O. Box 1768 1 Newport Beach, California 92658-8915 �> Attn: City Clerk Recorded in Official Records, Orange County Hugh Nguyen, Clerk -Recorder I I II III III 11�11 11�1 1111111 II 1[1 ]111 11�1 I I 1�1 11 *$ R 0 0 0 6 7 6 3 0 7 6$ 2014000232824 8:00 am 06/13/14 37 401 M11 F13 5 0.00 0.00 0.00 0.00 12.00 0.00 0.00 0.00 (Exempt From Recording Fees Pursuant to Government Code § 27383) (SPACE ABOVE THIS LINE FOR RECOr�DER'S USE) MEMORANDUM OF LEASE THIS MEMORANDUM OF LEASE is made and entered into between the City of Newport Beach, a California municipal corporation and charter city ("Lessor") and 18 Beacon Bay, LLC, a California limited liability company ("Lessee"). Lessor hereby leases to Lessee that real property located in the City of Newport Beach, County of Orange, California, described in Exhibit 1" attached hereto ("Property"). The term of the Lease is fifty (50) years, commencing June 2014 and ending June _" 2064. This Memorandum of Lease is subject to the terms, conditions and provisions of an unrecorded Lease between the parties dated June G , 2014, which is incorporated herein by reference. Unless extended by a recorded amendment or supplement hereto, this Memorandum of Lease will automatically terminate as of June k'-), 2064. [SIGNATURES ON NEXT PAGE] t p RECORDING REDUESTED BY LAWYERS TITLE Recording Requested By and When Recorded Return To: City of Newport Beach 100 Civic Center Drive P.O. Box 1768 Newport Beach, California 92658-8915 Attn: City Clerk (Exempt From Recording Fees Pursuant to Government Code § 27383) (SPACE ABOVE THIS LINE FOR RECORDER'S USE) MEMORANDUM OF LEASEIt THIS MEMORANDUM OF LEASE is made and entered into between the City of Newport Beach, a California municipal corporation and charter city ("Lessor") and 18 Beacon Bay, LLC, a California limited liability company ("Lessee"). Lessor hereby leases to Lessee that real property located in the City of Newport Beach, County of Orange, California, described in Exhibit "1" attached hereto ("Property"). The term of the Lease is fifty (50) years, commencing June , 2014 and ending June " 2064. This Memorandum of Lease is subject to the terms, conditions and provisions of an unrecorded Lease between the parties dated June 13 , 2014, which is incorporated herein by reference. Unless extended by a recorded amendment or supplement hereto, this Memorandum of Lease will automatically terminate as of June , 2064. [SIGNATURES ON NEXT PAGE] IN WiTNESS WHEREOF, the Parties have caused this Memorandum of Lease to be executed on the dates written below. APPROVED AS TO FORM: CITY OF NEWPORT BEACH, OFFICE OF THE CITY ATTORNEY a California municipal corporation Date:— ('0 Date: By: (Egj By: Aaron HarDavid [Ci–J City Attorney City Manager ATTEST: /0 Date: b, ' 4 By: 0ONJ, #)W� Leilani I. Brown City Clerk K LESSEE Date: 616-111y By: -- Timothy B. Hbbin Manager, 18 Beacon Bay, LLC ESCROW NO.: 001081 -JM TITLE,ORDER NO.: 214570256 ACKNOWLEDGMENT State of California County of 6, V\ On 1!5�fu h 4 &0 t �'- before me, -,J7 ;� ( M (*( to ! , A Notary Public personally appeared 77 ( �+ rri�`v\ 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 official seal. Sil J. A. Mf;MiLLAN Commission # 2009141 Notary Public • California z z Orange County My Comm. Expires Mar 1, 2017 (Seal) CALIFORNIA••ACKNOWLEDGMENTCIVIL •. •• .4 C_aS_a•�a. _a _aSs� _sv _aY..a,.. .a State of California County of C) C�l� On j k)� G, 10,20H before me, ay-*e12,,(nGL.V e7/ w %pfz- . Put- QC Date Here Insert Name and Title of the Officer personally appeared DA\ _-- V �V-- JENNIFER ANN MULVEY F °+ Commission # 2045022 z Notary Public -California z z ' Orange County My Comm., Expires Oct 12, 2017 Name(s) of Signer(s) who proved to me on the basis of satisfactory evidence to be the person(s) whose namex is/w-e subscribed to the within instrument and acknowledged to me that he/oe/�hey executed the same in his/her/they authorized capacity(jeg), and that by his/6?i`0t _lir signatu�(s) on the instrument the persons), or the entity upon behalf of which the person�A 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. Place Notary Seal Above Signature: Si nature of aota Public 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: Number of Pages 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: Signer's Name: ❑ Corporate Officer— Title(s): ❑ Partner — ❑ Limited ❑ General ❑ Individual ❑ Attorney in Fact ❑ Trustee ❑ Guardian or Conservator ❑ Other: Signer Is Representing: L: ✓.��..:��tiS�G-J -✓6�5� �✓ti4�✓.4�: u '✓ yi.�✓.4'�6�✓ '✓.'.v: ✓.�%.� ��✓�"�'�.'✓i.`✓ti:-✓i.C'✓. �.1�.S'd � '✓ '�� s.C✓6� �6�'✓•�•`,' �-"kkt 1 , 1 '�� J- ri All that certain real property situated in the County of Orange, State of California, described as follows: Lot 18 of Record of Surveys, in the City of Newport Beach, County of Orange, State of California, as shown on the map filed in Book 9 Pages 42 and 43, of Record of Surveys, in the office of the County Recorder of said County. APN:988-88-021 VJV I N 11002 1`70 property is located, NAME AND MAILING ADDRESS OF BUYERITRANSFEREE .............. Timothy B. Hobin A ES Barbara M, Griffith Yff propeO/ is intended as my principal residence. If YES, please indicate the date of occupancy- MO DAY YEAR or intended occupena, FART 1 TRANSFER INFORMATION Please complete all statements. YES NO Vf A. This transfer is solely between spouses (addition or removal of a spouse, death of a spouse, divorce settlement, etc.). B. This transfer is solely between domestic partners currently registered with the California Secretary of State (addition or removal of a partner, death of a partner, termination settlement, etc.). vl-r C. This is a transfer: between parent(s) and child(ren) from grandparent(s) and grandchild(ren). vf D. This transfer is the result of a cotenant's death, Date of death E. This transaction is to replace a principal residence by a persori75-67-yeari-of age or — older Within the same county? ( ) YES ( ) NO (moi` F. This transaction is to replace a principal residence by a person who is severely disabled as defined by Revenue and Taxation Code section 69.5. Within the same county? ( ) YES ( ) NO vJ G. This transaction is only a correction of the name(s) of the parson(s) holding title to the property (e.g., a name change upon marriage). H. If YES, please explain: -- The recorded docume6f-cFe—at6i,-fe-�minat67S�� , rrecohveys a lender's interest in the property. 1. This transaction Is recorded only as a requirement for financing purposes or to create, terminate, or reconvey a security interest (e.g., cosigner), If YES, please explain: The recorded document substitutes a trustee of a trust, mortgage, —or6-t-h'6F-�l-niil—aFdocument. K. This Is a transfer of property: v) 1. to/from a revocable trust that may be revoked by the transferor and is for the benefit of [ ] the transferor, and/or [ ] the transferor's spouse [ ] registered domestic partner. v-1 2. to/from a trust that may be revoked by the creator/grantorltrustor who is also a joint tenant, and which names the other Joint tenant(s) as beneficiaries when the creator/grantor/trustor dies, 3. to/from an irrevocable trust for the benefit of the [ ] creator/grantor/trustor and/or grantor's/trustors spouse grantorshrustor's registered domestic V� partner, 4. to/from an irrevocable trust from which the property reverts to the creator/grantor/trustor within 12 years, ) L. This property is subject to a lease with a remaining lease term of 35 years or more Including written options. vJ M. This is a transfer between parties in which proportional Interests of the transferor(s) and transferee(s) in each and every parcel being transferred remain exactly the same after the transfer. N. This is a transfer subject to subsidized low-income housing requirements with governmentally imposed 0. restrictions. This transfer is to the first purchaser of a now building containing an active solar energy system. *Please refer to the Instructions for Part I Please provide any other Information that will help the Assessor understand the nature of the transfer. THIS DOCUMENT 13kdf 9UBi'9CT PUBLIC INSPECfIOW 30&502-A (Pl) REV. 12 (05-13) APNW., 05021110 'ART 2. OTHER TRANSFER INFORMATION Check and complete as applicable. Date of transfer, if other than recording date._fk'6 3, Typeof transfer; Purchase Foreclosure Gft Trade or Exchange }Merger, stock or partnership acquisition (Form BOE -1 WB} Contract of sale. Date of contract } Inheritance. Date of death: Salelleaseback ( ) Creabort -6fi-I�-(--) Assignment of a lease 'termination of a lease. Other: Please exialalm Original term in years (including written options);Remaining term in years (including written (o-ptio-'ns-f.:--'- Only a partial interest in the property was transferred? YES (Vlo�o If YES, indicate the percentage transferred % "-li'O-R .g-F5R—IC'E-WN-b--T C I tI t3 At and cearriptef as appPacabte. —_ A. Total purchase price I $ '0q s-, 000 3. Cash dopa payment or value of trade or exchange excluding closing costs Amount $ 0 000 7- First deed of trust % Interest rate for years. Monthly Payment $ Amount FHA (_ Discount Points) ) Cal -Vet ( ) VA (_Piscount Points) Fixed Rate Variable Rate Bank/Savings & Loan/Credit Union ( ) Loan Carried by seller Balloon Payment $ Due Date: D, Second Deed of Trust @ % interest for years. Monthly Payment_Amount ( ) Fixed Rate ( ) Variable Rate ( )BanklSavings&L6arVCreditUnion ( )Loan carried fGy-sailer - ( ) Balloon Payment $_ Due Was an Improvement Bond or other public financing assumed by the buyer?( ) YES (,o1fN0 Outstanding balance Amount if any, of real estate commission fees paid by the buyer which are not included in the purchase price 3. The property was purchased: (*,I Through real estate broker. Broker name: Phone tqumber(_,_J__ ( )Direct from seller From a family ( )Other: Please ex alain:u -i, Please explain any special terms, seller concessions, brokef/agent fees waived, financing, and any other information (e,g. buyer assumed the existing loan miance) that would assist the Assessor in the valuation of your property: iecand complete as apj �ItC65T,� V Typ of property transferred VNingle-farnily residence Muttiple-family residence. Number of units: Co-op/Own-your-own Manufactured home Other, Description: (Le., limber, mineral, I Condominium Unimproved lot ) Timeshare Commerciallindustrial 3. YES No Personatibusiness property, or Incentives, are included In the purchase price. Exan'iples are furniture, farm equipment, machinery, club memberships, etc. Attach list if available. If YES, enter thlue of the personallbusiness property: $ 1 ( )YES (V) NO A manufactured home is included in the purchase price. If YES, enter the value attributed to the manufactured home: $ )YES ( ) NO The manufactured hone-- is subject to local property tax If NO, enter decal num er: � } YES ( veNo The property produces rental or other income, If YES, the income is from: Leaselrent Contract Mineral rights Other: - air The condition of the property at the time of sale was: Good Average 66F CERTIFICATION the of Cali haat the foregoing and in7(5FrhWf16n arson uncia arjy-`a�coM certify (or declare) un ar pen i6a—pying ratetints orabrumen,,, Ps,true and correct to the best of rare kil and Wief /4 rp I I On mmtz-404 3IGNATURE OF BUYERITRANSFEREE OR C TE. OFFICER DATE 'C 6 V W 6F- P-R!E!T* C� JAPE OF ER/ EN- ENTATIV ORATE OFFICER {PLEASE PRINT TITLE e z -MAIL ADDRESS may contact you for additional information regarding this transaction.