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HomeMy WebLinkAboutSP-Exceptions 068a_20050504000976Perkins: Cote; LLF 1201 Third Avenue, 40`h Floor Seattle, Washingtm 98101 Attention' Michael A.:Barrett Document Title(s)'(or transactions contained therem) 11a�� I 1. Partial Termination and Release of Lease,` IS•T ASVA Reference Number(s) of Documents assigned op released: 9707030128,..`` (on page _ of documents(s)) Lessor(s): (Last: name first, then first name and initials): 1. Longacres Park, Inc., a Washington corporation . . 2. Q:`Additional names on page _ of document. Lessee(s), (Last. name.. first, then first name and initials): 1. °The Boeing Company, a Delaware corporation 2: Addihonal names on page._ of document. Legal description. (abbre4lated: i.e. lot, block, plat or section, township, range) Lot 33..and Tract D;.Boeing Longacres'Property, Second Amended Binding Site Plan, V19 Pgs.2?-4 Rec.2Syjo;ypp(,7 Full legal is on. page 5 of doet mea, Assessor's Proper 0:Tax.Pareel/Aecoant Number 088670-0010through 088670-0400,.:. ANY WRITING, TEXT, INITIALS, REVISIONS OR NOTARY SEAL APPEARING OUTSIDE THESE MARGINS MAY DISQUALIFY THIS DOCUMENT FOR RECORDING PARTIAL TERMINATION AND RELEASE OF LEASE TINS PARTIAL TERMINATION AND RELEASE OF LEASE (this "Partial Termination and Release") is enteredYrito",as of the��day of May, 2005, by and between LONGACRES PARK, INC a Washington corporation ("LPI"), and THE BOEING COMPANY,:a Delaware corporation ("Boeing"). Recitals Recital 1. LPI and Boeing entered into a Lease datedjuly 1, 1997, by which LPI leased certain real property,described.in the Memorandum of Lease recorded in the records of King County under.;recording aumber,9707030128 ("Leased Premises") to Boeing ("Lease"). Recital 2. LPI and Boeing desire to terminate the Lease with respect to the real property described on Exhibit A hereto (the "Released' Property") .and to fully and forever release and discharge the Released Property from: the: Lease. Agreement :NOW, THEREFORE, for good and valuable consideration, the receipt and sufficiency of which are hereby acknowledged, LPI and Boeing hereby agree as follows;-, 1. The Lease is hereby terminated with respect to the Released Property and the Released Property Is fully. and forever released and discharged from the Lease. 2. For the sole purpose of clearing title, B.oeing hereby conveys and quitclaims to LPI any intere"st that'Boeing holds in the Released Property. 3. From and after the date hereof, the: "Leased Premises" as defined in the Lease shall exclude the Released Property:' 4. Except to the extent terminated and modified by this Partial Termination and Release, the Lease shall remain in full force and effect in. accordance with its `` .. terms. PARTIAL TERMINATION AND RELEASE PAGH I [/SB043290.065.DOC] ANY WRITING, TEXT, INITIALS, REVISIONS OR NOTARY SEAL APPEARING OUTSIDE THESE MARGINS MAY DISQUALIFY THIS DOCUMENT FOR RECORDING STATE, OF WASHINGTON) ss. COUNTY OF KING. ) On this day of May; 2005, before me, the undersigned, a Notary Public in and for the State ofWashington, duly' commissioned and sworn, personally appeared Alan E, beFrancis, to Inc' knawn to`be the person who signed as A-tf1� riud h w Y of LONGACRES PARK INC., the corporation that executed the within and foregoing instrument, and acknowledged said instrument to be the free and voluntary act and deed of. said.corporation.for the uses and purposes therein mentioned, and on oath,Stated that he was duly elected, qualified and acting as said officer of the corporation and that he was authorized to execute said instrument. IN WITNESS WHEREOF I. have hereunto set my hand and. official seal the day and year first above written. WotRuyANpuc (Signature of:N o tary)...,. Stole of Woon9f. MIEt#CR10E/I2V1 C MY Appelnht Eq*es 14q i3, W (Print or stamp name of Notary) NOTARY PUBLIC in and fvs the State of Washington, residing a2v1�%{1 My..appointment expires: S p PARTIAL TERMINATION AND RELEASE PA E 3 _ VSB043290.06S.DOCI ANY WRITING, TEXT, INITIALS, REVISIONS OR NOTARY SEAL APPEARING OUTSIDE THESE MARGINS MAY DISQUALIFY THIS DOCUMENT FOR RECORDING STATE OF WASHINGTON ) ss. COUNTY OF KING... ) On this ! -h (lday,of Ma; in and for ,the State of Washing 4 within and f are0 i voluntary act and c mentioned, and on and officer of the corporation and that he IN WITNESS WHEREOF) h day and year first above written. K1ary Rime State of wao*won ARUM C RICE My Appoinf imt Ea pkes Aup 16, 2WO PARTIAL TERMINATION AND RELEASE [/SB043290.065.DOCI , before me, the undersigned, a Notary Public r commissioned and sworn, personally w.n to be the person who signed as Om ANY, the corporation that executed the -knowledged said instrument to be the free and on for the uses and purposes therein as: duly elected, qualified and acting as said IS authorized to execute said instrument. ;:hereunto set my hand and official seal the (Signature (Print or stamp name the State