Notice of Affordability Restrictions on Transfer of Property 2009-0685924v R ECORDED AT Ta?r ,EQUEST OF
= C, ICAGO TITLE COMPANY
SUBDIVISION DEPT.
RECORDING REQUESTED BYAND
WHEN RECORDED MAIL TO. 19
Poway Redevelopment Agency 7P
13325 Civic Center Drive rJ
Poway, CA 92064
Attn: Executive Director
DOC # 2009 - 4685924
IIIIII I IIIIII IIIIIII IIIIIIIII II IIIIIII I IIIIII II
DEC 11, 2009 8:00 AM
SAN DIEGOCOUNT % RECORDER'S OFFICES 4 9
DAVID BUTLER COUNTYRECORDER
FEES 0.00
PAGES: 7
NOTICE OF AFFORDABILITY RESTRICTIONS ON
TRANSFER OF PROPERTY
(Poway Redevelopment Agency- SHOP Program)
MODERATE INCOME HOUSEHOLD
NOTICE IS HEREBY GIVEN, that the Poway Redevelopment Agency (the
"Agency "), to carry out certain obligations under the Community Redevelopment
Law of the State of California (Health and Safety Code Section 33000 et Leg.), and
the Redevelopment Plan for the Paguay Redevelopment Project, has required
David L. and Lydia M. Rose; a California Resident (the "Owner ") to enter into
certain affordability covenants and restrictions entitled, Agency Resale Restriction
Agreement and Option to Purchase (the "Restrictions "), with reference to certain
real property (the "Property "), located at 12984 Choctaw Way, Lot 22, Poway,
San Diego County, Assessor's Parcel No. 317 - 350 -61, and further described in
Exhibit A, incorporated herein by reference.
The affordability covenants and restrictions contained, in the Restrictions include
without limitation and as further described in the Restrictions:
The Property is restricted for resale to low or moderate income
households at a purchase price affordable to low or moderate income
households.
The owner must occupy the Property as the Owner's sole residence.
The Owner must give notice to the Agency before resale of the Property.
Notice of Affordability Restrictions (SHOP)
Moderate Income Household
1552 \03 \566709 3
4. The Owner is prohibited from further•. pledging, the Property as security
for any debt and Owner must,obtain Agency approval prior to
refinancing existing encumbrances.
This Notice of Affordability Restrictions on Transfer of Property (the "Notice ") is
recorded for the purpose of providing notice only, and it in no way modifies the
provisions of the Restrictions. In the event of any conflict between this Notice and
the Restrictions, the terms of the Restrictions shall prevail.
The Restrictions have been ,-recorded concurrently herewith as
Document/Instrument No.o�l' UV� Sq and shall remain in effect for forty-five
45) years, commencing on the D&akagk 11.2009 and.terminating on
, 20.'{
This Notice is being recorded and filed by the Agency in compliance with Health
and Safety Code Sections 33334.3 and /or Section 33413, as "amended effective this
date, and shall be indexed against the Agency and the Owner.
IN WITNESS W'IIEREOF, the parties have executed this Notice of Affordability
Restrictions on Transfer of Property on or as of the date first written above.
AGENCY:
Poway Redevelopment Agency
By:
Title: Executive Director
Notice of Affordability 'Re strictions (SHOP)
Moderate Income Hodsehold
1552 \03 \566709.3
OWNER:
(Type Na )
Type Name)
d,;, 61 ,AX
3450
STATE OF CALIFORNIA )
) ss.
COUNTY OF SAN DIEGO )
3451
On , 200g, before me, �JhQ;��Q (�'l �11�y�S �IU�"; personally
appeared `i1� MIAID who proved to
me on the basis of satisfactory evidence to be the person(,$) whose name(%,)Pare-
subscribed to the within instrument and acknowledged to me that Q540#
executed the same in \YiID4er/reTr authorized capacity(*,. and that by is i7r--
signature(,�) on the instrument the person or the entity upon behalf of which the
person(e'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.
t1g,
STATE OF CALIFORNIA )
) ss.
COUNTY OF SAN DIEGO )
Oil , 200 , before me,
appeared
me on,the basis of Batt
subscribed to the within
evidence to be
vent and acln(
executed the same in his /her /their ri
signature(s) on the instrument. person
person(s) acted, executed• instrument.
- - i er otuNa; -:-•
COMMUlon 0,17a 747.9
NO" waft • Ca lfomlo
can olspo Cali* -
MICMM OW242D11
personally
who proved to
n(s) whose name(s) is /are
to me that he /she /they
capacity(ies), and that by his/her /their
r the entity upon behalf of which the
I certify under P ALTY OF PERJURY under the laws o e State of California
that the fore mg paragraph is true and correct.
�fWI SS my hand and official seal.
Notice of Affordability Restrictions (SHOP)
1552\03 \5667023
'CALIFORNIA ALL - T URPOSE
'CERTIFICATE OF'ACKNOWLtDGMENT
State of California
County of _=:5M5�a�g
O /.i S before me, _
title
personally appeared'
3452
who proved,to me on the basis of-satisfactory evidence to le the person(s) whose, nam yae(s re subscribed to
the within, instrument and acknowledged to me that he&d1they executed, the. same in higgj5heir authorized
capacity(ies), and'that by hiN!Pheir 'stgnature(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 my1and and official seal.
Signature of Notary bi- c'
2009 Version
NOTARY RNIA'n
D1-' 0 _OGNTY
My Canmt�sbn ExRjrps
JUNE 13, 201'.7
(Notary Seal) - - '-
ADDITIONAL OPTIONAL INFORMATION
DES ON OF�CTHEE ATTACHED /DOCUMENT
��V // J�LI�/' l/ \r✓n'
(Ti desenp on of atta ed doo fe
(Title or description of attached document ntii�nueed
Number of Pages 1 Document Date %!m5 B
tit -/-
(Additional infirm ti )
CAfkr
Y CLAIMED BY THE SIGNER
Individual (s)
❑
Corporate Officer
(Title)
❑
Partner(s)
❑
Attorney -in -Fact
❑
Trustee(s)
❑
Other
.orm
STATE OF CALIFORNIA )
) ss.
3453
COUNTY OF SAN DIEGO ) \ nI �%��
'200?, before m , / K � , personally
appeared who provo
me on the basis, of satisfactory evidence to be the person(s) whose name s) ' re
subscribed to the .within ins ment and acknowledged to me that he he
executed the same in his eir authorized capacity(ies), and that by It' >s6 /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.
e m
_!I e lO'
Notice of Affordability Restrictions (SHOP)
1552 \03 \566709.3
PATTY N. SM
COMM. #1745493
® NOTARY PUBLIC- CALIFORNIA R
SAN DIEGO COUNTY o
My Commission Expires
JUNEJ3,2011
EXHIBIT A
Legal Description
A -1
Notice of Affordability Restrictions (SHOP)
1552 \03 \566709.3
3454
EXHIBIT "A"
Legal Description
PARCEL 1:
LOT 22 OF CITY OF POWAY TRACT NO. 06 -06 THE MEADOWS, IN THE CITY
OF POWAY, COUNTY OF SAN DIEGO, STATE OF CALIFORNIA, AS SHOWN
BY MAP NO. 15743, FILED IN THE OFFICE OF COUNTY RECORDER OF SAN
DIEGO COUNTY, CALIFORNIA, ON MARCH 5, 2009.
3455