Laserfiche WebLink
i • ~ <br />recorded in Book 6106, Pages 9, 10 and 11, Official Re- <br />cords of Orange County, California; thence, in a general <br />Southwesterly direction, following along the line des- <br />cribed in said Quitclaim Deed to an intersection with the <br />Iorthwesterly prolongation of that certain course having <br />a bearing of South 62 1/2° East,-in the Deed to Towner <br />Manufacturing Company recorded March 13, 1946 in Book <br />1399, Page 362, Official Records of Orange County, <br />California; thence Southeasterly, along said prolongation, <br />to the most Northerly corner of the property described <br />in said Deed to Towner P~Ianufacturing Company; thence <br />northeasterly, in a direct line, to the most Westerly <br />corner of that certain property conveyed ~o the City of <br />Santa Ana, California, as described in Book 2516, Page <br />264, Official Records of Orange County, California; thence <br />Northeasterly, along the Northwesterly line of said pro- <br />perty conveyed to the City of Santa Aria, 780.00 feet, more <br />or less, to an intersection with the Northwesterly prolon- <br />gation of the Southwesterly line of Lot 185, Tract No. <br />1724, as shown on a r2ap thereof recorded in Book 51, Pages <br />24, 25 and 26, Miscellaneous rZaps, Records of Orange County, <br />California; thence S. 53° 58' 44" E., along said prolonga- <br />tion, 102.75 feet to the Westerly corner of said Lot 185, <br />Tract No. 17?.4; thence Northeasterly, along Subdivision <br />lines 571.72 feet to the most Testerly corner of Lot 64, <br />Tract r1o. 2122, and the point of_ beginning. <br />Above described property outlined on Map attached hereto, <br />marked "Exhibit A." <br />2. TERM: The term of the within lease sh-all be for <br />twenty-five (25) years, commencing on the 21st day of August, <br />1961, and ending on the 20th day of August, 1986. <br />3. RENT: LESSEE agrees to pay and LESSOR agrees to <br />accept as rent for the leased property for the term of said <br />lease the following sums: <br />A. During the nine (9) years beginning on the 21st day <br />of August, 1962, and ending on the 20th day of August, 1971 <br />three percent (30) of the gross business done by LESSEE on <br />all sales and services, excepting food and merchandise. <br />B. During the period August 21, 1971, to Z~uqust 20, <br />1973, four percent (40) of the gross business as defined <br />3 <br />'~~"`~ ~' <br />..~`r <br />