Notice of Affordability Restrictions on Transfer of Property 2009-0696884RECORDED AT TPr• ,;EOUEBT
i CHICAGO TITLE COMPANY
SUBDIVISION DEPT.
OF DCC # 2099- 0696884
11111111111111111111111111111111111111111111111111111111111111111111
RECORDING REQUESTED BYAND
WHEN RECORDED MAIL TO:
Poway Redevelopment Agency r
13325 Civic Center Drive (j}
Poway, CA 92064
DEC 17, 2009 8:00 AM
OFFICIAL RECORDS
SAr,l DIEGO COUPIT`r' RECORDER'£ OFFICE
DAVID L BUTLER, COUNTY RECORDER
FEES 24.00
PAGES:
Attn: Executive Director I i..iii moll, milli Nails milli Mill IIIII milli gill 11111 milli
a/Xbo -w1,-
NOTICE OF AFFORDABILITY RESTRICTIONS ON
TRANSFER OF PROPERTY
(Poway Redevelopment Agency- SHOP Program)
MODERATE INCOME HOUSEHOLD
6
8937
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 seq.), and
the Redevelopment Plan for the Paguay Redevelopment Project, has required
Michael and Cynthii fiall, 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 12516 Dakota Street, Lot 13, Poway,
San Diego County, Assessor's Parcel No. 317 - 350 -52, 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.
2. 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 flotisehold
1552 \03 \566709 3
4. The, Owner is7 prohibited from further.. pledging the Property'as security 8938
for any debt and Owner must obtain Agency°approyal 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.61- Of t6g8l and shall remain in effect for forty -five
(45) years, commencing on the (j,�uj,& l' +.Y00q and terminating on
PfEP9 Plt 1} 2o�•`i.
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 WHEREOF, 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 A ency
Title: Executive Director
Notice of-Affordability Restrictions (SHOP)
Moderate Income Household
1552 \03 \566709 3
,9 UT 0121
(Type Name)
(Type Name)
STATE OF CALIFORNIA
COUNTY OF SAN DIEGO
�01111
appeared
M
ss.
2� 200 _�e sonally ,
TZ )b (tI A L) who proved to
me on the basis of satisfactory evidence to be the person.( -0 whose name(<S 4are-
subscribed to the within instrument.and acknowledged to me that(WOw*iey
executed the same in(!Per4heir authorized capacity(cg), and-that byC5BA+er4heir
signature(o on the instrument the person(s -or the entity upon behalf of which the
person(' 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 ha and official:seal. -~ sin
coetingllai 4 1747479
Haar Puoao - Canomw a
Gan DN W county
nriooim►eoHmoucse,zmt�
STATE OF CALIFORNIA )
) ss.
COUNTY OF SAN DIEGO )
before
appeared 7`llcdizttt: f. fi` J Who proved to
me on the.basis,of satisfactory evidence to be the person(s) whose name(s is are
subscribed to the withi instrument and acknowledged' to me thshe /they
executed the same i hi her /their authorized capacity(ies); and that Kyjis herhhe:
signature(s) on.the iristrument 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.
Notice of Affordability Restrictions�(SHOP)
1552 \03 \566709.3
PAT1Y N. SMITH
COMM: #!746489
Ct ' NOTARYPUBIJC- CAUFORNIq�
3 a SAN DIEQO COUNTY
pp MyCanmisebnExplreo NN
ft J�N�E 13, 2011 6
STATE OF CALIFORNIA )
) ss.
COUNTY OF SANDIEGO )
Onl&e&4 T , 2001, before m�1 1— y1 -5AAA� 0* 1personally
appeared / /let. , /Z4& , who proved to
me on the basis of satisfactory evidence to be the person(s) whose name(s )V re
subscribed to the within instrument and acknowledged to me: that, h<sh /the
executed the same in his t�e !their authorized capacity(ies),.and that by hi er 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.
-41
Notice of Affordability Restrictions (SHOP)
1553 \03 \566709.3
PATrY;N. SMITH
COMM: #1745493
NOTARY PUBLIC- CALIFORNIA
SAN DIEGO COUNTY C1
My Cpnlmissi0n Expires
JUNE 13; 2011
ME
8941
EXHIBIT A
Legal, Description
A -1
Notice of Affordability Restrictions (SHOP)
1552 \03 \566709 3"
EXHIBIT "A"
Legal Description
PARCEL 1:
LOT 13 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.
RESERVING THEREFROM, THE EASEMENTS DESCRIBED IN THE
COMMON MAINTENANCE AREA EASEMENT AGREEMENT ( POWAY
MEADOWS) RECORDED IN THE OFFICE OF THE COUNTY RECORDER OF
SAN DIEGO COUNTY ON SEPTEMBER 29, 2009 AS FILE NO. 2009 - 0540036.