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Covenant Regarding Real Property 2000-0571727AND TO: Poway Redevelopment Agency P.O. Box 789 Poway, California 92074-0789 2224 DOt 2000-0571727 OCT 24, 2000 8:37 AM OFFICIAL RECD~ I~IEGO [I]UNTY REC[ I)ER'80FFI~ J. ~ITH, ~0[ REOORIfR .00 COVENANT REGARDING REAL PROPERTY By the terms of Sections 3(3) and 7 of the ] 6, ~ Number 2438 at page no. 434, in Aleen L. Smith and Cheri L. Craig v. All Persons Interested in the Matter of the Validity of the Amendment to the Redevelopment Plan for the Paguay Red et al., San Diego Superior Court Case No. 667691, housing acq. by the Poway Redevelopment Agency on that real property described in Exhibit "A" attached hereto and ' t 1~ t in perpetuity for housing at affordable housing costs (as defined in Health and Safety ('nde Section 50053 and California Code of Regulations Se,V..-,n 6918) to very 1 households (as defined in Health and Safety Code Section 50105), provided that the lc t if t units can be located within the City of Poway, in Community Red ler that th t t if it is determined in the future that the need for which ~ t no 1 The covenant runs with the land. ATTEST: '"~g~pc y Secretary APPROVED A~ORM: S tradlin~'g Agency gal Counsel POWAY REDEVELOPMENT AGENCY, a public body ~ po_llifi/~ ~;~-' ~c~r- Michael. C~ ~air APPROVED BY LESSEE: HALEY RANCH ESTATES HOUSING ASSOCIATES, L.P., a California limited partnership By: Community Housing of North County, a California nonpro f~ General Partn~ ~./Susan M. Reynolds, Executive Director 2226 :ACKNOW County of..~ ~; u On ~t~ (~ ~ before personally appeared ~ d ~ to be the person~(~ whose name(l~//~j.~are to the within instrument and I~'Sl3a/.~ executed the same in ~Zber4-their authorized capacity(,je~), and that by ~'~lr signature(l~) is~, or behalf of which the person(s~' acted, OPTIONAL Title or Signer(s) Other Capacity(les) Individual Title(s): Partner -- [] Limited k~ General Trustee Other: Pr~d. No. 5~07 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT County of .%~ "~ } ss. On,~ before me, personally appeared ~ ~t~ L [~ proved to me on the basis of evidence to be the person(e) whose name(e)- is/are to the within instrument and executed the same in authorized and that by i-.~, or the entity upon behalf of which the person(s-) acted, OPTIONAL Title or ~)N Signer(s) Other Individual -- Title(s): Partner -- [~ Limited [] General Trustee Other: 2228 EXHIBIT "A" TO COVENANT REGARDING REAL PROPERTY LEGAL DESCRIPTION Lots 1 C through K ~ CITY OF POWAY TRACT NO.89-14, in the City of Poway, County of San Diego, State of Calit' ~ling to Map thereof No. 12944, filed in the Office of the County Recorder of San Diego County, June 11, 1992.