Notice of Affordability Restrictions on Transfer of Property 2009-0708499to
R°_CORDED.'AT'TuG,;:_EOUEST OF
CHICAGO TITLE COMPANY
SUBDIVISION DEPT_. "
RECORDING REQUESTED BYAND
WHEN RECORDED MAIL TO:
SF Poway'Redevelopment Agency
13325 Civic Center Drive
Poway, CA 0064
DOC # 2009 - 0708499
II IIII I I II II I I II II III I III 111 II
DEC 23, 2009 8:00 AM 668u
OFFICIAL RECORDS
SwM DIE60 CC iUWY RECORUEFI'S OFFICE '
DAVID L BUTLER COHIJ i RECORDER
FEES 21.00 1
PAGES: 5
Attn: Executive Director nunnmmnnunnnnnnnllmm�mnnnnlnulnuumm�nnn
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 seq.), and
the Redevelopment Plan for the Paguay Redevelopment Project, has required LuanY
Quach, 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 12945 Choctaw W,ay, Lot 9, Poway; San, Diego County,
Assessor's Parcel No. 317- 350 -48, 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:09'13 16 F� y "Ind shall remain in effect for forty -five
(45) years, commencm I g on the d.3 atePXML iii and terminating on
NaAdelL �3 , ?
This Notice is being recorded and filed by the Agency incompliance 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 wfIEREOF, 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:__� C
Title: Executive Director
Notice of Affordability Restrictions (SHOP) u
Moderate Income Household
1552 \03 \5667093
OWNER:
�unh � Qum
(Type Name)
(Type Name)
6687.
STATE OF CALIFORNIA
COUNTY OF SAN DIEGO
On MV 215
2001,
appeared 1 G1>`
me on the.basis of satisfactory
ss.
before me,%j CDU N `I Sersonally
-,111.1(, I Jwho proved to
subscribed to the within instrument and
to be the person whose nam* is a-Fe
acknowledged to me that Wshe%hey
executed the same in t Si hzrfthe authorized capacity(ies), and that b�ir
signature(sTon the instrument the person(sj 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 ha and official seal.
STATE OF CALIFORNIA
) ss
COUNTY OF SAN DIEGO
sN u c
i QMVCWm80WD=25.2Mj_1 Commlalolo 178 n i 1767470
Notary "to - ColitorrNo
San DkW County
+
On G lO 200 , before me �/ 'personally
appeared 4w V l,<tuftr 'who proved to
me on the basis of satisfactory evidence to be the person(s) whose name(s is re
subscribed to the within instrument and acknowledged to me th he he /they
executed the same ii(&her /their authorized capacity(ies), and that his _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.
,4a , C;�" -
Notice of Affordability Restrictions (SI10P)
1552 \03 \566709.3
PATTY N. SMITH
COMM. 01745493
®W NOTARY PUBLIC-CALIFORNIA,
SAN DIEGO COUNTY n
My Comm ssion Expires
JUNE 13, 2011
EXHIBIT A
Legal' Description
Notice of Affordability Restrictions (SHOP)
- 155P03 \566709?
A -1
ISI
OrderNo.: PS1751009 -U12
LEGAL (DESCRIPTION
LOT 9 OF CITY OF POWAY TRACT NO. 06 -06 THE MEADOWS, IN THE CITY OF POWAY, 6690
COUNTY OF SAN DIEGO, STATE OF CALIFORNIA, ACCORDING TO MAP THEREOF NO.
15743; FILED IN THE OFFICE OF THE COUNTY RECORDER OF SAN DIEGO COUNTY MARCH
5, -2009.
END OF LEGAL DESCRIPTION
END OF LEGAL DESCRIPTION
CLTA Preliminary Report Form -Modified (11 -17 -06)
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