HomeMy WebLinkAboutContract 40103STATE OF TEXAS §
COUNTY OF TARRANT §
Know All Persons by These Presents:
ASSIGNMENT OF LEASE AND OPTION AGREEMENT
WHEREAS, on the 17day of January, 1982, the City of Fort Worth ("LESSOR" ), acting by and
through its duly authorized Assistant City Manager, entered into a certain lease agreement (the "Lease") with
Peter Joseph Carter and Joan W. Carter, whereby LESSOR leased for a period of 50 years, 0 months,
commencing on the I" day of February, 1982, and ending on January 31, 2032, with a current rental rate of
1 506,91, subject to the adjustments set forth in the Lease, the following described property:
Lots) 7, Block 6, Lake Worth Lease Survey, Tarrant County, Texas, and otherwise known as
8208 Woodvale Road (the "Leased Land").
WHEREAS, the Lease was assigned on June 9, 2005 to Peter Joseph Carter as his separate property, and
then further assigned by Peter Joseph Carter to the Peter Joseph Carter Trust Virginia Anne Carter Trustee,
hereafter referred to as current LESSEE.
WHEREAS, the Lease was amended in City Secretary Contract Number 32253 to correctly identify the
Leased Land as Lot 7, Block 6, Lake Worth Lease to the City of Fort Worth, Tarrant County, Texas, as shown on
the plat recorded in Cabinet A, Slide 6140, Plat Records, Tarrant County, Texas; and
WHEREAS, a copy of the Lease is attached hereto as Exhibit A and incorporated herein by reference as
if set forth in full; and
WHEREAS, on August 12, 2005 LESSOR and the Peter Joseph Carter Trust Virginia Carter Trustee
entered into an Option Agreement ("Option Agreement") City Secretary Contract Number 32254 to sell the
Property covered under the Lease to the Peter Joseph Carter Trust, Virginia Anne Carter Trustee ("Option
Holder"); and
WHEREAS, the current LESSEE and Option Holder under the Lease and Option Agreement (X) the
Peter Joseph Carter Trust, Virginia Anne Carter Trustee, ASSIGNOR, desire to assign the Lease and the Option
Agreement to (xx) Virginia Anne Carter, James Taylor Carter Troy Lee Carter Catherine Carter Schmidt and
David Edward Jones, ASSIGNEE.
NOW THEREFORE, LESSOR does hereby consent to the assignment of the Lease and Option
Agreement from ASSIGNOR to ASSIGNEE.
As consideration for the assignment of the Lease and Option Agreement ASSIGNEE hereby expressly accept and
assume all obligations and liabilities of ASSIGNOR under the terms of the Lease and Option Agreement and
agree to be bound by all the terms, provisions and covenants therein.
�lTY SF CPETARY
P
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Rev. 02/ 08LG 1
Specifically, ASSIGNEE is aware, and acknowledges receipt of Notice from LESSOR, that the ASSIGNOR is in
violation under the terms of the Lease with regard to:
N/A
Further, ASSIGNEE is aware that ASSIGNEE will be required to cure the aforementioned violation within forty-
five (45) days of the date of the assignment or the Lease will be terminated by default, and ASSIGNEE(S) shall
not be entitled to reimbursement by LESSOR for the value of the improvements on the property, if any.
In addition, ASSIGNEE acknowledges that LESSOR is not obligated to extend the forty-five (45) day time period
during which any violation under the Lease must be cured. Nothing contained herein shall be considered as
altering or extending the forty-five (45) day time period or as releasing any claim or course of action LESSOR
may have against ASSIGNOR in connection with their obligations or liabilities under the terms of the Lease.
d understands the terms
ASSIGNEE acknowledges that it has read the Lease and the Option Agreement an,
conditions, obligations and requirements ASSIGNEE shall have under each agreement.
ith the understanding that all
LESSOR'S consent to the assignment of the Lease and Option Agreement is given w
amounts owed to the City of Fort Worth, under the terms of the Lease, including rent, penalties, interest and ad
valorem taxes, are paid and current to date. If ASSIGNOR is not current on any and all obligations owed to
LESSOR under the terms of the Lease, this Assignment is null and void and of no force and effect.
ASSIGNEE shall pay to LESSOR an assignment fee of One Hundred Twenty Five Dollars ($125.00) to defer the
administrative fees associated with this assignment.
IN WI ESS WHEREOF, the parties hereto
` , 20�
_.
have executed this Agreement on the �5+ day of
APPROVED AS TO FORM AND
LESSOR: The City of Fort Worth
LEGALITY
Attested byo
Peter jos�'epli �:arter -trust,
Virginia Anne Carter, Trustee
(Address)
(Phone No
Assistant City Manager
(Address)
one
No.)
OFFiClAL RECORD
CITY SECRETARY
Rev. 02/ 08LG
2
FT. WORTH, TX
James Taylor Carter
(Address 1
(Phone No.)
Ae 00oo
Troy Lee Carter
(Address)
(Phone No.)
Catherine Carter Schmidt
(Address)
(Phone No.j
David Edward Jones
(Address)
one
No.}
RETURN RECORDED DOCiT1VIENT TO:
City of Fort Worth
Housing and Economic Development
Real Property Management
1000 Throckmorton Street
Fort Worth, Texas 76102-6302
`.ECDRD
FT. VVWTH.. TX
Rev. 02/ 08LG 3
(Xl
James Taylor Carter
(Address)
one No.)
I:�.Y.YCe1�[�I7a
Troy Lee Carter
(Address)
(Phone No.)
ASSIGD�OR:; / �
(X) C/" rL ,`Q eL�>�
Catherine Carter Schmidt
(Address)
(Phone No.)
ASSIGNOR:
David Edward Jones
(Address)
(Phone No
CITY SECRETARY
�r WORTH, Tit
RETURN RECORDED DOCUMENT TO:
City of Fort Worth
Housing and Economic Development
Real Property Management
1000 Throckmorton Street
Fort Worth, Texas 761024302
Rev. 02/ 08LG 3
OFFIClA� RECORD
-CITY SECRETARY
James Taylor Carter
(Address)
(Phone No.)
Troy Lee Carter
(Address)
(Phone No.)
(xx)
Catherine Carter Schmidt
(Address)
(Phone No.)
lie
David Edward
ones
12345 Lamplight Village Avenue Apartment # 818
Austin, TX 78753
(Address)
512491-0578
one
No.)
RETURN RECORDED DOCUMENT TO:
City of Fort Worth
Housing and Economic Development
Real Property Management
1000 Throckmorton Street
Fort Worth, Texas 76102-6302
Rev. 02/0�3LrFT WOR7F•!., TX
3
James
(Phone No.
STATE OF TEXAS §
COUNTY OF TARRANT §
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BEFORE ME, the undersigned authority, personally appeared (xx) James Taylor Carter ,
known to me to be the person(s) whose name(s) is/are subscribed to the foregoing Agreement, and who
acknowledged to me that the document was read in its entirety and understood and was executed for the purposes
and consideration expressed therein.
GIVEN UNDER MY HAND AND SEAL OF OFFICE this day of
, 20
Rev. 02/ 08LG
OFFICifi�� RECORD
CITY SECRETARY
FT. IN�'IFTH T
uwiur�,,
'ATE ••'•:qG��
OF
".,dESSEE
NOTARY
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RETURN RECORDED DOCUMENT TO:
City of Fort Worth
Housing and Economic Development
Real Property Management
1000 Throckmorton Street
Fort Worth, Texas 76102-6302
Rev. 02/ 08LG 3
STATE OF TEXAS §
COUNTY OF TARRANT §
BEFORE ME, the undersigned authority, personally appeared (X) Virginia Anne Carter, trustee of the
Peter Joseph Carter Trust known to me to be the person(s) whose name(s) is/are subscribed to the foregoing
Agreement, and who acknowledged to me that the document was read in its entirety and understood and was
executed for the purposes and consideration expressed therein.
GIVEN- QJUNDER MY HAND AND SEAL OF OFFICE this 4� day of
20.
BRNDA G, AIURRAY
NotaryF.Public, Stage of Texas
My Gott MIss1w Expires
May 22, 2011
Notary Public
STATE OF TEXAS §
COUNTY OF TARRANT §
BEFORE ME, the undersigned authority, personally appeared (xx) Vir inia Anne Carter,
known to me to be the person(s) whose name(s) is/are subscribed to the foregoing Agreement, and who
acknowledged to me that the document was read in its entirety and understood and was executed for the purposes
and consideration expressed therein.
DER MY HAND AND SEAL OF OFFICE thisy� day of
GIVEN
rxc, LjN
, 20
l3RENDA C. HURRAY
Notary Public, State of Texas
My Commission Expires
May 22, 2011
COUNTY OF TARRANT §
BEFORE ME, the undersigned authority, personally appeared (xx) James Taylor Carter ,
known to me to be Lite persons) whose names) islare subscribed to the foregoing Agreement, and who
acknowledged to me that the document was read in its entirety and understood and was executed for the purposes
and consideration expressed therein.
GIVEN UNDER MY HAND
, 20
OFFICIAL �gCORD
CITY ��'��FTAI2Y
FT `v� k*.rH, TX
AND SEAL OF
Notary Public
OFFICE this
day of
Rev. 02/08LG
STATE OF TEXAS §
COUNTY OF TARRANT §
BEFORE ME, the undersigned authority, personally appeared (xx) Troy Lee Carter,
known to me to be the person(s) whose name(s) is/are subscribed to the foregoing Agreement, and who
acknowledged to me that the document was read in its entirety and understood and was executed for the purposes
and consideration expressed therein.
UNDER
MY HAND AND SEAL OF OFFICE this 5 day
20 .
��
RACHAEL HAM5H0
Notary Public, State of Texas
My Commission Expires
February 04, 2014 y
STATE OF TEXAS §
COUNTY OF TARRANT §
of
BEFORE ME, the undersigned authority, personally appeared (xx) Catherine Carter Schmidt,
known to me to be the person(s) whose name(s) is/are subscribed to the foregoing Agreement, and who
acknowledged to me that the document was read in its entirety and understood and was executed for the purposes
and consideration expressed therein.
GIVEN UNDER MY HAND AND SEAL OF OFFICE this day of
. 20 .
Notary Public
STATE OF TEXAS §
COUNTY OF TARRANT §
BEFORE ME, the undersigned authority, personally appeared (xx) David Edward Tones,.
known to me to be the persons) whose names) is/are subscribed to the foregoing Agreement, and wha
acknowledged to me that the document was read in its entirety and understood and was executed for the purposes
and consideration expressed therein.
GIVEN UNDER MY HAND AND SEAL OF OFFICE this
. 20
CITY SECRETARY
FT. WORfiM, TX
Notary Public
(City of Fort Worth Use Only)
Rev. 02/08LG 5
day of
i
STATE OF TEXAS §
COUNTY OF TARRANT §
BEFORE ME, the undersigned authority, personally appeared (X) Catherine Carter Schmidt,
known to me to be the person(s) whose name(s) is/are subscribed to the foregoing Agreement, and who
acknowledged to me that the document was read in its entirety and understood and was executed for the purposes
and consideration expressed therein.
GIVEN UNDER MY HAND AND SEAL OF OFFICE this day of
BONNIE K. NEWTON r�uiAc�v �u�u�
IrsTellopw
STATE OF TEXAS §
COUNTY OF TARRANT §
BEFORE ME, the undersigned authority, personally appeared (X) David Edward Jones,
known to me to be the person(s) whose name(s) is/are subscribed to the foregoing Agreement, and who
acknowledged to me that the document was read in its entirety and understood and was executed for the purposes
and consideration expressed therein.
GIVEN UNDER MY HAND AND SEAL OF OFFICE this
Notary Public
(City of Fort Worth Use Only)
STATE OF TEXAS §
COUNTY OF TARRANT §
BEFORE ME, the undersigned authority, personally appeared Fernando Costa.
known to me to be the person and officer whose name is subscribed to the foregoing Agreement, and
acknowledged to me that the same was the act of the City of Fort Worth, a home -rule corporation, and that he/she
executed the document as the act of said corporation for the purposes and consideration expressed therein and in
the capacity stated.
Q
NEN UNDER MY HAND AND SEAL OF OFFICE this � day of
"�Y ""a"'� EVONIA DANIELS
'�•' '*` MY COMMISSION EXPIRES
July 10, 2013
otary Public
OFFICI�'aL RECORD
T.
Rev. 02/ 08LG
5
ORTHs i)C
STATE OF TEXAS �
COUNTY OF TARRANT �
BEFORE ME, the undersigned authority, personally appeared (X) Catherine Carter Schmidt,
known to me to be the persons) whose names) is/are subscribed to the foregoing Agreement, and who
acknowledged to me that the document was read in its entirety and understood and was executed for the purposes
and consideration expressed therein.
GIVEN UNDER MY HAND AND SEAL OF OFFICE this day of
20
Notary Public
STATE OF TEXAS §
COUNTY OF TARRANT �
BEFORE ME, the undersigned authority, personally appeared (X) David Edward Tones,
known to me to be the persons) whose names) is/are subscribed to the foregoing Agreement, and who
acknowledged to me that the document was read in its entirety and understood and was executed for the purposes
and consideration expressed therein.
GIV�F�,,N�v UNDER MY I�ND AND SEAL OF OFFICE this ��� day of
G1, �Gn , 20 (�V .
RACHAEL HAMSHO
Notary Public, State of Texas
My Commission Expires
February 04, 2014
Notary Public
(City of Fort Worth Use Only)
STATE OF TEXAS �
COUNTY OF TARRANT �
BEFORE ME, the undersigned authority, personally appeared Fernando Costa,
known to me to be the person and officer whose name is subscribed to the foregoing Agreement, and
acknowledged to me that the same was the act of the City of Fort Worth, ahome-rule corporation, and that he/she
executed the document as the act of said corporation for the purposes and consideration expressed therein and in
the capacity stated.
GIVEN UNDER MY HAND AND SEAL OF OFFICE this day of
L , 20 (C�
_;��''"A Y�:_ EVONIA DANIELS
�`���`` MY COMMISSION EXPIRES
' �rF � iE+:= July 10, 2013
Rev. 02/ 08LG