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Notice of Affordability Restrictions on Transfer of Property 2010-050009049 RECORDED AT THE REQUEST W CHICAGO TITLE COMPANY SUBDIVISION DEPT. RECORDING REQUESTED BY AND WHEN'I ECORDED MAIL TO: The. Poway Redevelopment Agency 13325.Civic Center Drive pp Poway, CA 92064 12061 ^J Attn: Executive Director D D C ## 2010-0500090 111111111III111111111111111111111111111111111111111111111111111111IN SEP 21, 2010 8:00 AM OFFICIAL RECORDS SAN DIEGO COUNTY RECORDER'S OFFICE DAVID L. BUTLER, COUNTY RECORDER FEES 3000 PAGES: 6 93oa4IS9 -�z> NOTICE OF AFFORDABILITY RESTRICTIONS ON TRANSFER OF PROPERTY (Brighton Place) NOTICE IS HEREBY GIVEN, that the Poway Redevelopment Agency, a public body, corporate and politic (the "Agency "), to carry out certain obligations under the Community Redevelopment Law of the State of California (Health and Safety Code Section 33000 et sec l.), and the Redevelopment Plan for the Paguay Redevelopment Project, has required Brighton Place, L.P., a California limited partnership (the "Lessee ") to enter into certain affordability covenants and restrictions entitled, Agency Regulatory Agreement and Declaration of Restrictive Covenants (the "Restrictions "), with reference to a housing development (the "Development ") to be constructed on that certain real property (the "Property "), City of Poway, San Diego County,�%sessor's Parcel No. 314 - 220 -69 and 314 -220- 70, and further described in Exhibit A incorporated herein by reference. X Vncha? Pro Perry The affordability covenants and restrictions contained in the Restrictions include without limitation and as further described in the Restrictions: 1. Twenty (20) two - bedroom units in the Development are restricted for occupancy by Very Low Income Households, at rents affordable to Very Low Income I- louseholds; 2. Eighteen (18) three- bedroom units in the Development are restricted for occupancy by Very Low Income 1-Iouseholds, at rents affordable to Very Low Income Households; 3. Twenty -four (24) two- bedroom units in the Development are restricted for occupancy by Other Income Households; at rents affordable to Other Income Households; 1552',05�642 s i 5 5 12062 4. Fourteen (14) three - bedroom units.in the Development are restricted for occupancy by Other Income Households, at rents affordable to Other Income Households; and 5. Additional requirements concerning operation, management, and maintenance of the Development are also imposed by the Restrictions. In the, event of any conflict between this Notice of Affordability Restrictions on Transfer of Property (the "Notice ") and the Restrictions, the terms of the Restrictions shall prevail. The Restrictions have been recorded concurrently herewith, and shall remain in effect for fifty -seven (57) years from the date the Deed of Trust is recorded with the Office of the San Diego County Recorder or until September 1, 2067. This Notice is being recorded and filed by the Agency in compliance with Health and Safety Code Sections 333343(f)(3) and (4) and /or,Section 33413(c)(5), as amended effective this date, and shall be indexed against the Agency and the Owner. IN WITNESS WHEREOF, the parties have executed this Notice of Affordability Restrictions on Transfer of Property on or as of September 1, 2010. AGENCY: OWNER: THE POWAY REDEVELOPMENT BRIGHTON PLACE, L.P. , AGENCY, a public body, corporate a California.limited partnership. and politic By: Brighton Avenue Interfaith Housing Corporation, a California nonprofit By: �� corporation, its general partner Its: A�6tblvtf- a.2Cu -" V6_xxye&Ur By: Its: 155P05 \642815 5 2 12063 4. Fourteen (14) three - bedroom units in the Development are restricted for occupancy by Other Income Households, at rents affordable to Other Income Households; and 5. Additional requirements concerning operation, management, and maintenance of the Development are also imposed by the Restrictions. In the event of any conflict between this Notice of Affordability Restrictions on Transfer of Property (the "Notice ") and the Restrictions, the terms of the Restrictions shall prevail. The Restrictions have been recorded concurrently herewith, and shall remain in effect for fifty -seven (57) years from the date the Deed of Trust is recorded with the Office of the San Diego County Recorder or until September 1, 2067. This Notice is being recorded and filed by the Agency in compliance with Health and Safety Code Sections 33334.3(1)(3) and (4) and /or Section 33413(c)(5), as amended effective this date, and shall be indexed against the Agency and the Owner. IN WITNESS WHEREOF, the parties have executed this Notice of Affordability Restrictions on Transfer of Property on or as of September 1, 2010. AGENCY: OWNER: THE POWAY REDEVELOPMENT BRIGHTON PLACE, L.P. , AGENCY, a public body, corporate a California limited partnership. and politic By: Brighton Avenue Interfaith Housing Corporation, a California nonprofit By: corporation, its general partner Its: Executive Director By: Its: 1552\051642815 5 2 STATE OF CALIFORNIA COUNTY OF SAN`DIEGO OR J �Q %< /ll�fnl4�, lG� /4before. me, personally. appeared _ i i ", 411. of satisfactory evidence to be,the "personl instrument and acknowledged tome that authorized capacity(ios), and that by 'hr's/ the entity upon behalf of which the persc 12064 �!//GG /f Jii� /y✓ Notary Public, Jy lT proved to me on the basis whose name(4 is /aXsubscribed to the within / she /tlity executed'tlle same in hh&s /her /th \4r Ah�'Vsignature(4j onthe instrument the person(y), or acted, executed the, instrument. I certify UNDER PENALTY'OF PERJURY tinder the laws of the State of California that the foregoing paragraph is true and correct. dwGG PHMIS SHINN Commission # 1778898 L Notary VublIc • California Son,bi_ego County, Camm. > SNOV92011 STATE OF CALIFORNIA COUNTY OF SAN DIEGO l G � � �/ �T�I�I2/!�✓ Notary'Pu61ic On , before me, , Notary Public, Personally appeared _ proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) Is /are subscribed to the within instrument and acknowledged to me that he /she /they executed the same, in his /her /their authorized capacity(ies), and that -by his /her /their signature(s) on the instrument the person(s), or the entity upon behall'of which the person(s) acted, executed the instrument. I certify UNDER PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hard and official seal. Notary Public isr_rosnazsis ; 12065 State of California ) County of San Diego ) On September io, 2010;before me, Adelle Michaelson, a Notary Public, personally appeared Matthew B. Jumper, who proved to me on the basis of satisfactory evidence to be the person(s) whose name(s) is /are subscribed to the within instrument and acknowledged to me that he /she /they executed the same in his /her /their authorized capacity(ies), and that by his /her /their signature(s) on the instrument the person(s), or the entity upon behalf of which the person(s) acted, executed the instrument. I certify under PENALTY OF PERJURY under the laws of the State of California that the foregoing paragraph is true and correct. WITNESS my hand and official seal Signature (Affix Seal) ADELLE MICHAELSON Commisslon # 1776274 NotOry PUIDIIC . Colifornlo San DIe90 County CarmD treaNw24,2071 1.2:066 EXHIBIT A LEGAL DESCRIPTION The land is situated in the State of California, County of San Diego, City of Poway, and is described as follows: Brighton Parcel: PARCEL 2 OF' PARCEL- N,AP. NO'. :19198, IN THE CITY OF'POWAY,,; COUNTY OFD SAN 'DIEGO, STATE,OF CALIFORNIA; _ACCORDING TO MAP THEREOF FILED -IN. TEE OFFICE OF THE SAIT DIEGO COUNTY RECORDER, APRIL 1; 2003. City Parcel: PARCEL 1 OF FARCEL KAP. ITO:'19198', 1N. THE CITY OF' POWAY, COUNTY OF SA14 DIEGO; ;STATE OF 'CALIFORNIA, ACCORDING'TO MAP THEREOF FILED IN THE ;OFFICE OF THE ;SAN DIEGO COUNTY RECORDER, APRIL 1, 2003. 155\051642S11 5 A -1