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Covenant Regarding Real Property 2000-0500195: · DO[, 2000-05001 5 RECORDING REQUEST BY: WHEN RECORDED MAIL TO: POWAY CA 92074-0789 No Transfer Tax Due 2013 SEP 19, 2000 8:43 AH Il{{ {{ il { ,{{{{ illll I{ IIIII 000 O0 95 COVENANT REGARDING REAL PROPERTY Whereas, Oak Knoll Partners, are owners ("OWNER" hereinafter) of land described in Exhibit "A," which is attached hereto and made a part hereof and which is commonly known as Assessor's Parcel Number 317-151-64 ("PROPERTY" hereinafter). Whereas 4,700 square foot office building was designed and constructed on PROPERTY with insufficient parking to allow t{~ to be used as offices. In consideration of the approval of building {: ':1 office building by the City of Poway ("CITY" hereinafter), OWNER hereby agrees that the first floor shall only be leased ~ ~ouse uses (as permitted by the Central Business zoning in effect on the property at the time of b I. OWNER hereby further agrees that said b ~all use those portion of the first floor of the building designated as "warehouse" on the approved plans only for the purpose of storage accessory to an approved use. Whereas, the required parking spaces for said build' : approval by CITY (May 4, 1999) was fourteen spaces, said fourteen spaces shall remain as approved and shall be made available 1' i employee parking. These restrictions shall remain in effect, unless and until additional parking is provided for PROPERTY to all J such ' ' the allowable uses are approved by CITY. This C I land and ~ : the future owners, encumbrancers, heirs, personal rep J assigns of the respective parties. If either party is required ~ ' ' this Covenant, the prevailing party shall be entitled to full reimb : all costs, including reasonable attorneys' fees, from the other party. CITY may assign to persons impacted by the performance of this Covenant the rigt' ' ii-5 Cj:)venant against OWNER. ,."//2 Dated: [J Frank He]~ut for Oak Knoll Partners CITY OF POWA~' / Dated: ~/~'"/~') By: Niall Fritz, ~irect~ of 'Deve~ Services 2014 CALIFORNIA ALL-PURPOSE ACKNOWLEDGMENT County of ~/~ On personally appeared ,,~proved to me on the basis of satisfactory evidence to be the person~)~whose name(.~) is,~a~ subscribed to the within instrument and ' executed the same in authorized and that by signature~ '6~), or the entity upon behalf of which the person(s) acted, OPTIONAL Title or Signer(s) Other ~_ Individual [] Title(s): [] Partner-- [] Limited LJ General !1 ~ Trustee L~ [] Other: 2015 EXHIBIT "A" Legal Description PARCEL 2 OF PARCEL MAP NO. 17631, IN THE CITY OF POWAY, COUNTY OF SAN DIEGO, STATE OF CALIFORNIA, ACCORDING TO MAP THEREOF FILED IN THE OFFICE OF THE COUNTY RECORDER OF SAN DIEGO COUNTY, DECEMBER 28, 1995 AS FILE NO. 1995-0594065 OF OFFICIAL RECORDS. APN: 317-151-64.