HomeMy WebLinkAboutContracts & Agreements_52B-2025ASSIGNMENT AND ASSUMPTION OF LEASE
THIS ASSIGNMENT AND ASSUMPTION OF LEASE ("Assignment") is made
and entered effective as of March 31, 2025 ("Effective Date"), by and between the City of
Redlands, a municipal corporation, and a general law city ("City") as Landlord, The Horspool
'Law Group, a California professional corporation as Assignor, and Law Office of Trevor D.
Martin, a California professional corporation as Tenant. Landlord, Assignor and Tenant are
sometimes herein referred to individually as a "Party" and collectively as the "Parties."
WHEREAS, on March 4, 2014, Assignor, as Law Offices of Horspool & Horspool, a
California professional corporation, entered into a Multi -Tenant Office Lease -Gross with
Redlands Community Investment Corporation, a California Corporation for the lease of
approximately 2,875 square feet of rentable space and 2,500 square feet of useable space at 300
East State Street, Suite 200, Redlands, California; and
WHEREAS, Assignor and Redlands Community Investment Corporation amended that
cortain Lease Agreement with the First Amendment dated June 30, 2014, Second Amendment
dated October 28, 2014, and 'Third Amendment dated March 30, 2015; and
WIIEREAS, on September 21, 2021, City and Redlands Community Investment
Corporation entered into ap Assignment and Assumption Agreement, wherein, Redlands
Community Investment Corporation assigned and transferred to City all right title and interest in,
to and under the leases for 300 East State Street; and
WHEREAS, Assignor desires to assign all of its right, title, and interest in and to the
Lease to Tenant, and Tenant desires to accept such assignment and assume all of the obligations
of Assignor under'the terms of the Lease.
NOW THEREFORE, in consideration of the mutual covenants herein contained and
other good and valuable consideration, the receipt and sufficiency of which are hereby
acknowledged, the Parties hereby agree as follows: .
1. Assignment and Assumption of Lease. Assignor hereby assigns and transfers to Tenant
all of Assignor's right, title, and interest in and to the Lease, including Assignor's right, title and
interest to the Security Deposit being held by Landlord pursuant to Articles 1.6 and 5 of the
Lease, Tenant hereby assumes all the.obligations of Assignor arising or accruing on or after the
date hereof under the Lease and shalt make all payments and keep and perform all conditions
and covenants of the Lease, arising or accruing on or after the date hereof, in the same manner
as if Tenant were the original. tenant thereunder. Landlord hereby approves of said assignment
by Assignor and assumption by Tenant,
2. Integration of this Assignment and the Lease. 'Phis Assignment and the Lease shall, for
all purposes, be deemed to be. one instrument. In the event of any conflict between the terms
and provisions of this Assignment and the terms and provisions of the Lease, the terms and
provisions of this Assignment shall, in all instances, control and prevail. Except as expressly
defined herein, all words and phrases which are defined in the Lease shall have the same
meaning in this Assignment as are ascribed to said words and phrases in tkoLease.
3. Authority: OFAQ Com lip ante. Each Party represents and warrants to the other Patties
that each individual executing this Assignment on behalf of such Patty is authorized to do so.
Each Party shall take any actions that may be required to comply with the terms of the USA
Patriot Act of 2001, as amended, any regulations promulgated under the foregoing law,
Executive Order No, t3224 on Terrorist Financing, any sanctions program administrated by the
U,S. Department of Treasury's Office of Foreign Asset Control or Financial Crimes Enforcement
Network, or any other laws, regulations or executive orders designed to combat terrorism or
money laundering, if applicable, to the Lease. Each Party represents and warrants to the other
Parties that it is not an entity named on the List of Specially Designated Nationals and Blocked
Persons maintained by the U.S. Department of Treasury, as last updated prior to the date of this
Assignment.
.4. Effect of this Assignment.'Except as expressly modified or amended by this
Assignment, the Lease and all terms, covenants, and conditions contained therein shall remain
unchanged and in full force and effect.
5. Entire Agreement. This Assignment and the Lease. represent the final and entire
agreement among the Parties regarding the subject matter hereof and may not be
.contradicted by evidence of prior, subsequent, or contemporaneous oral agreements of the
Parties.
6. Modification. No amendment or modification hereto shall be valid and binding unless
expressed in writing and executed by the Parties hereto.
7. Counterparts. This Assignment may be executed by each of the Parties hereto in
separate counterparts which shall have the same force and effect as if all of the Patties executed
a single document. Signature pages may be detached from the counterparts and attached to a
single copy of this Assignment to form one (1) document. Counterparts to this Assignment
may be executed and delivered by facsimile or electronic transmission and shall be deemed to
be original signatures for all purposes.
SIGNATURES ON FOLLOWING PAGE
IN WITNESS WHEREOF, the parties hereto have executed this Assignment as of the Effective
Date.
LANDLORD ASSIGNOR
CITY OI; REDLANDS THE HORSPOOL LAW GROUP, INC
By: By:
Chris Boatman, Assistant City Manager J. Efd Horspool, Yrincipal
TENANT
MARTIN LAW GROUP, INC.
By:
Trevor Mai -tin, Principal
ATTEST:
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nne Donaldson, City Clerk