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-: <br />- ~ <br />i~CORathiG REOIJESTH48Y <br />Fiit;T MAEidCAN MLE COMPANY <br />NATgfKCtCA1H~lEt~lAt SEFiVICE6 <br />co~,~EFtdscrtkocsrRia. onns~ort <br />Ac[oYn-~3 <br />RECORDING REQUESTED BY, <br />AND WHEU RECaRDED MAIL. To, <br />AND MAIL TAX STATEMENT T0: <br />Allen Matkins Lock Gamble Mallory & Natsis LLP <br />1940 Main Street, Fifth Floor <br />Irvine, California 92614 <br />Attention: R Michael3oyce, Esq. <br />R~cardsd !n Oiilclal Rwcortls, oran9w County <br />Tatf~ v,ly, Clsrk-Ftwcortler <br />Itl$b~IINIII~IIIII ll1t11111t(VIII 33,~~ <br />2U86QOfl3323T1 fl4:03prn fl511Tl06 <br />2a3 S8 At2 Gas 9 <br />o.aoa.aa o.oo o.oa zt.oo o.oo o.oo a_ao <br />jA~OVE SPACE FOR RECORpE Et'S U5t? ONLY E <br />FIRST AMENDML+'NT TO DESIGNATION OF PARKING SPACES; <br />TERMINATION OF TEMPORARY PARKING AGR]gEMEIVT AND <br />GRANT OF TEMPORARY PARKKIIYYG RIGH'T'S <br />This FIRST AMENDMENT TO DESIGNATION OF PARKING SPACES <br />TERMINATION OF TEMPORARY PARKING AGREEMENT AND GRANT OF <br />TE RARY PARKING RIGHTS ("Amendmcat'~ is executed this /l b day of <br />'~ 20a6 by and betweezt THE GRAI~iD PLAN 2, LLC, a Delaware limited. <br />Gabili mpany {"GP2 "), and JHC INVESTMENT, INC., a California rArporation <br />("Daubletree"), with reference to the following facts: <br />~ECIT~LS: <br />A. On or about Stptetnbcr 14, (984, the predecessors-in-interest to Doubietree and <br />GP2 etitei+ed into that certain Parking Agreement datcad September Id, 1984 and recorded ss <br />Instrument No. 84-382111 in Official Records of Orange Cou~rty {the "Qf1 icial Records"}, as <br />amended by that curtain Release of Parking Agreement and Designation of Hutton 1 dated <br />August 17, 2001, and recorded as Instrument No. 20014593943 of OflScial R.ecortis, as further <br />amended by that certain Designation of Parking Spaces dated March 27, 2002, and recorded as <br />Instrument No. 20020264658 of Officio! Records {as amended, the "Agrcexncat"). <br />B. Concturent;y herewith, Daubletrec and GP2 have ctttcned into a Construction <br />License (the "Co~truction License's which provides for, among other things, temporary <br />licenses with respect to construction activities on the Graatofs property and Doubletrce's <br />property. <br />C. In consideration for Doubletree's agreement to enter into the Construction <br />Lictnsc, the parties desire to clarify and modify the terms of their various parking agrcerrunts <br />end grant additional parking rights a$ further set out be}ow. <br />AGREEMEN?: <br />NOW, THEREFORE, in consideration of the mutual promises, covenants and <br />agr+ecmente herein contained, and for other good and vaiuabie consideration, the s+ereipt and <br />sufficiency of which is hereby acknowledged, the parties herby dxlare as follows: <br />TTLt97Ab'OC <br />N3D6]-03N5-i6.06hrpphapp <br />75B-238 <br />~ ~tsrtwr~~r ta.~o pttte >~ sv <br />PrIt~TAI~MERIC.~W ML&OOMMNYAdArf <br />Ar<'+~CIR~fCX?A'r10l1ONtJ! [-EiAENaT <br />BFd,tllmcAt~pr AS tYi tr! Bltl~ryprt <br />OR Its TO rrs ttFFBCT !lPOH TH8 Trt18 <br /> <br />