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Termination of Lease 2003-0690579 - -'..- ~" ~~{l},Al'JIiE atln or Doe, 2003-069'0579 . -, - - @~\OO Ttnl C'~N'.;Jfil J,UN 11, 2003 3:15 PM .... . # ~ili RECORDUm IUiQUJ::,:ilJ:ODB-Y" ) OFFICIAL RECORDS ,. '- .. ,- , ..."- . '., . ..- ANDWHEN RECORDED MAIL TO' I SAN DIEGO COUNTY RECORDER'S OFFICE ) GREItJRV J. SMITH, COUNTY RECORDER Poway'Redevelopment.Agency ) FEES: 0.00 i3325 Civic'Center Drive ) ( Poway, California 92064 ) 11111111111111111111111111111111111111111111111111111111111111111111111 1 Attention, Redeveloprnent Director ) , 2003-0690519' ) -----" ------ 33oSo l}zt~s~ This document is'exemptJrom the, payment of a recording fee 1 P6 pursuant to Government Code Section 27383 9 TERMINATION OF LEASE 4 ~f 8 Nf THIS TERMlJ'JATION OF LEASE is hereby entered into as of June 10,2003, by 0 and between the POWAY REDEVELOPMENT AGENCY, a public body, corporate and politic (the "Lessor"), and the CITY OF POWAY, a California municipal corporation (the "Lessee"). RECITALS A. The Lessee and the Lessor entered into a certain Lease Agreement (the "Lease")Jor the Poinsettia Mobilehome Parks (the "Property"), dated May 1, 1988, and restated on April 15, 1992, The original Lease was r~corded in the Official Records of San Diego County on August 27, 1991 as Document No, 1991-043803 r,and the restated Lease )"as recorded in the Official Records of San Diego County'on April 30, 1992 as Docurnent No, 1992-0256131 The Property is legally described in Exhibit "A" hereto, which is incorporated herein. B The Lease provides for)he lease of the Property from the Agency to the City, and also provides, among other things,thatthe City has an option to acquire the Property C The Lessee and the Lessor now desire to terminate the. Lease, including without limitation, the City's leasehold interest in the Property and the option to acquire the Property NOW, THEREFORE, the L~ssee and the Lessor hereby mutually terminate the Lease in its entirety, and the Lease shall be of no, further force or effect. The Lease shall not constitute an encurnbrance to title to the Property or bind any future owners of the Property LESSOR: POW A Y REDEVELOPMENT AGENCY, a public body, corporate and politic By- ATTEST: 1 DOCSOC\973286v 1 \22345,OO7R 15D4-191c;'o:/--/~ o3~t5?; . . . APPROVED AS TO FORM: Stradling occa at! n & Rauth AgencyS ecial Counsel 1 9 LESSEE. 4 CITY OF POW AY,a California municipal 8 1 corporation ATTEST: "y~~\t~ City lerk 2 DOCSOC1973286vl \22345.0078 ,,; . . " EXHIBIT A LEGAL DESCRIPTION PARCEL A, PARCEL 3 OF PARCEL MAP NO 19198,.IJ'{THE CITY OF POWAY, COUNTY OF SAN DIEGO, STATE OF 1 CALIFORNIA, ACCORDING TO MAP tHEREOF FILED IN THE OFFICE OF THE SAN DIEGO COUNTY RECORDER APRIL 1,2003 AS FILENO 2003-0363326, OFFICIAL RECORDS, 9 PARCEL B 4 8 PARCEL 2 OF PARCEL MAP NO 16078, IN THE CITY OF POW A Y, COUNTY OF SAN DIEGO, STATE OF 2 CALIFORNIA, ACCORDINGTO MAP THEREOF FILED IN THE OFFICE OF THE SAN DIEGO COUNTY 'f- RECORDER MAY 4, 1990 AS FILE NO '90'244918, OFFICIAL RECORDS. Exhibit A DOCSOC\973286v 1 \22345 ,elO78 :' . . . , STATE OF'CALIFORNIA ) COUNTYOF s-{\ '\)Q2P ) ss, ) I On '"3\j\'-~ \D l?JJG~ ~ 4 personally appeared -Sl1\'NU.~ g 'J- ~ personally known to me 1+ -or- D proved to me on the basis of satisfactory evidence to be the person(s) whose narne(s) is/are subscribed to the within :instrurnent and acknowledged to me,that he/she/they executed the same ii1:hislher/their authorized,capacity(ies), and that by hislher/their signature(s) on.lhe instrument the , H' 'ty,upon,behalfofwhich the person(s) acted, executed the instrument. MlCH Lf PNJU ETTERGon '. Commission # 1298219 \rl~"~:~~~:~~\~ I..' ,Not~~P~i:~-c~~'~t~nial MyComm, FJ<Pres IWlr23, 2005 - - - "... -'- - - -- -- - ----- Signature Of Notary OPTIONAL Though the data below is not required by law, it may prove valuable to persous relying on the document and could prevent fraudulent reattachment of this form. CAPACITY CLAIMED BY SIGNER DESCRIPTION OF ATTACHED DOCUMENT D Individual D Corporate Officer Title(s) Title Or Type Of Document D Partner( s) D Limited 0 General D Attorney-In-Fact D Trustee(s) Number Of Pages D Guardian/Conservator D Other Signer is representing: Name OfPerson(s) Or Entity{ies) Date Of Documents SiWlcr(s) Other Than Named Above DOCSOC\973286v 1 \22345,0078