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HomeMy WebLinkAboutTermination of Lease Agareement/01023000000 US TITLE & CLOSING SERVICES, LLC , a or ►gw-lct I - Crk1 Clerk. 8112 W. Bluemound Road, Suite 200 Copies—Co m m,be1/) c;4-y A fy Wauwatosa, WI 53213 River Fran+5enio r A p+. 414-454-2333 414-454-2340 FAX November 2,2012 Dear Sir/Madam, Please find enclosed the Original Recorded Termination of Lease. This document was recorded electronically and is being forwarded to you for your records. c--...,s\\___L_____„ Sincerely, anne Kaminsky US Title and Closing Services, LLC Enclosure: Original Recorded Termination of Lease 1619603 TERMINATION OF REGISTER'S OFFICE Lease Agreement WINNEBAGO COUNTY, WI RECORDED ON Document Number Document Title 10/31/2012 11:16 AM This TERMINATION OF LEASE AGREEMENT (the JULIE PAGEL "Termination Agreement"), is entered into as of the q7-"day of REGISTER OF DEEDS , 2012 by and between the City of Oshkosh, a Wisconsin municipality, and the Redevelopment Authority of RECORDING FEE 30.00 the City of Oshkosh, with their principal offices located at 215 Church Ave., P.O. Box 1130, Oshkosh, Wisconsin 54903-1130, (collectively "Lessor") and River Front Senior Apartments, LLC, 230 Ohio Street, Suite 200, Oshkosh, Wisconsin, 54902 ("Lessee"): Recording Area Name and Return Address City Attorney's Office Lessor and Lessee are parties to a Lease Agreement dated 215 Church Ave. P.O. Box 1130 April 20, 2010 and recorded with the Winnebago County Oshkosh, WI 54903-1130 Register of Deeds on April 26, 2010 as Document Number 90102300000 1537569 ("Lease Agreement") which encumbers the property Property Identification Number commonly known as 449 Marion Road, Oshkosh, Wisconsin 54902 and more particularly described on Exhibit A attached hereto (the "Leased Premises"). Pursuant to its terms, the Lease Agreement terminates on the date that Lessor conveys a fee simple interest in the Leased Premises to Lessee. Lessor is conveying the Leased Premises to Lessee on the date hereof and the parties wish to record this notice terminating the Lease Agreement. THEREFORE, in consideration of the mutual promises contained herein and other good and valuable consideration,the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows: 1. The Lease Agreement is terminated as of the date hereof. 2. This Termination Agreement shall be for the benefit of, and shall be binding upon,the parties hereto and their respective heirs, executors, administrators, and assigns. 3. There shall be no lease termination payment owed by either party to this Termination Agreement. 4. This Lease Termination Agreement may be executed in multiple counterparts. [SIGNATURE PAGES FOLLOW] 8543122 TERMINATION OF Lease Agreement Document Number Document Title *sae,-.. .m..,,... This TERMINATION OF LEASE AGREEMENT (the `'t4?° i �=s ct rt c <� "Termination Agreement"), is entered into as of the r'-t T"day of o c r e k K , 2012 by and between the City of Oshkosh, 4� r a Wisconsin municipality, and the Redevelopment Authority of the City of Oshkosh, with their principal offices located at 215 Church Ave., P.O. Box 1130, Oshkosh, Wisconsin 54903-1130, (collectively "Lessor") and River Front Senior Apartments, LLC, 230 Ohio Street, Suite 200, Oshkosh, Wisconsin, 54902 ("Lessee"): Recording Area Name and Return Address City Attorney's Office Lessor and Lessee are parties to a Lease Agreement dated 215 Church Ave. P.O. Box 1130 April 20, 2010 and recorded with the Winnebago County Oshkosh, WI 54903-1130 Register of Deeds on April 26, 2010 as Document Number 90102300000 1537569 ("Lease Agreement") which encumbers the property Property Identification Number commonly known as 449 Marion Road, Oshkosh, Wisconsin 54902 and more particularly described on Exhibit A attached hereto (the "Leased Premises"). Pursuant to its terms, the Lease Agreement terminates on the date that Lessor conveys a fee simple interest in the Leased Premises to Lessee. Lessor is conveying the Leased Premises to Lessee on the date hereof and the parties wish to record this notice terminating the Lease Agreement. THEREFORE, in consideration of the mutual promises contained herein and other good and valuable consideration, the receipt and sufficiency of which is hereby acknowledged, the parties agree as follows: 1. The Lease Agreement is terminated as of the date hereof. 2. This Termination Agreement shall be for the benefit of, and shall be binding upon,the parties hereto and their respective heirs, executors, administrators, and assigns. 3. There shall be no lease termination payment owed by either party to this Termination Agreement. 4. This Lease Termination Agreement may be executed in multiple counterparts. [SIGNATURE PAGES FOLLOW] 8543122 LESSEE SIGNATURE PAGE TO TERMINATION OF LEASE AGREEMENT: IN WITNESS WHEREOF, the parties hereto have executed this Agreement as of the date first above written. LESSEE: River Front Senior Apartments, LLC, a Wisconsin limited liability company By: River Front Senior Apartments MM, LLC, a Wisconsin limited liability company, Manager By: Oshkosh River Development, LLC, a Wisconsin limited liability company, Sole Member By: Andrew J. Dumke Managing Member STATE OF WISCONSIN ) ) ss \rne\oncs COUNTY Personally came before me this \ `1 day of Oc-tob€r, 2012, the above-named Andrew J. Dumke, as Managing Member of Oshkosh River Development, LLC, Sole Member of River Front Senior Apartments MM, LLC, Manager of River Front Senior Apartments, LLC, to me known to be the person who executed the foregoing instrument and acknowledged the same in such capacity. CI co02-ULCM.c) L° hac o- te � Notary Public, State of Wisconsin My Commission expires: C -' --� Cl aO'`I 8543122 LESSOR SIGNATURE PAGE TO TERMINATION OF LEASE AGREEMENT: LESSOR: City of Oshkosh City of Oshkosh Re. - -lopment Authority By: By: Mark A. Rohloff, City M.nager Thom'Belter, Chairman �;\C� � - J 1,//i B AL, Pamela R. Ubrig, City C erk H. Allen Davis, Ill, Executive Director STATE OF WISCONSIN ) ) ss WINNEBAGO COUNTY ) Personally came before me this 0,2l? ` day of o ,„.L.c,2 , 2012, the above-named Mark A. Rohloff and Pamela R. Ubrig, to me known to be the persons who executed the foregoing instrument and acknowledged the same. 1 � J rid ek - Notary Public, State of Wisconsip Commission expires: '7/f / L,// STATE OF WISCONSIN ) ) ss WINNEBAGO COUNTY ) 411 Personally came before me this - ' day of )n`�E.w.t,_) r , 2012, the above-named Thomas Belter and H. Allen Davis, Ill, to me known to be the persons who executed the foregoing instrument and acknowledged the same. DfMiv 64 Notary Public, State of Wisconsin My Commission expires: `7l( / 0i This document drafted by: David J. Praska Assistant City Attorney Oshkosh, Wisconsin 54903 8543122 EXHIBIT A LEGAL DESCRIPTION Lot One (1) of CERTIFIED SURVEY MAP NO. 6408 filed in Volume 1 of Certified Survey Maps on Page 6408 as Document No. 1520619;being part of Lots 1 and 2 of CSM 5879 in the South 1/2 of the North East 1/4 and the North 1/2 of the South East 1/4 of Section 23, Township 18 North, Range 16 East, First Ward, City of Oshkosh, Winnebago County, Wisconsin. 8543122