Notice of Affordability Restrictions on Transfer of Property 2010-0080619R= CORDE ��PAN� � 11111111111111111111111111111111111111111 DOC # 2010- 0080619 D AT T1!r �,EOUEST OF
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SUBDIVISION DEPT. N F I 1111111111111111111 IN
RECORDING REQUESTED BYAND FEB 18, 2010 8:00 AM
WHEN RECORDED MAIL TO:
OFFICIAL RECORDS
SAP! DIEGO COUtTY RELORDER'S OFFICE
Poway Redevelopment Agency FEES DAVID L
BUTLER
000 UPlT1' RECORDER
13325 Civic Center Drive 5092 PAGES: 7
Poway, CA 92064
Attn: Executive Director
OSI1- 10),-6 -11 I L-- r
NOTICE OF AFFORDABILITY RESTRICTIONS ON
TRANSFER OF PROPERTY
(Poway Redevelopment Agency- SHOP Program)
MODERATE.INCOME HOUSEHOLD
O
NOTICE IS HEREBY GIVEN, that the Poway Redevelopment Agency (the
"Agency "), to cant' 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
Ebony Cortez, 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 12976 Metate Lane, Lot 26, Poway, San
Diego County, Assessor's Parcel No. 317 - 350 -65, 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 (SI IOP)
Moderate Income I- lousehold
1552 \03 \566709 3
5003
4. The Ownerris 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 purposelof providing notice only, and it in no way modifiesthe
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: Iv— UU'�ViQlVnd shall remain in effect for forty-five
(45) years, commencing on the Ph L"q y4:i0 and terminating on
Febn�ay IQ, , 20_ST
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 WHEREOF„ the:parties have executed this Notice of Affordability
Restrictions on Transfer of Property on or as of the date, first written above:
AGENCY: OWNER:
Poway Redevelopment Agency
1%pe Name)
Title: Executive' Director
(Type Name)
Notice of Affordability Restrictions (SHOP)
Moderate Income Household
155' \031566709 3
STATE OF CALIFORNIA
COUNTY OF SAN DIEGO
=.1.
appeared
200 Vl,
500'4
ss.
before me,,*,l ",f (,6111,0S IW� "personally
I— I who proved to
me on the basis of satisfactory evidence to be the person(o whose name(g)0are
subscribed to the within, instrument and acknowledged to me thatdiiDsheithry
executed the same in 1ohofMteir-authorized capacity(ies), and that byd BAierhh6ir
signature(g) on the instrument the person( -s) or the entity upon behalf of which the
person(-sl acted, executed the instrument.
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. CO
Gon ftwon B 1787479
�%�"ACPQ UM couffly
Vj*Wft 2IL =1
STATE OF CALIFORNIA )
ss.
COUNTY OF SAN DIEGO )
zcir7 �% ee��r On Y�`I, efore m / f ly
app eared AhuZ w o proved to
me on the basis of satisfact y evidence to be the person(s) whose name is/ re
subscribed to the within instrument and acknowledged to me that h6 he he
executed the same in.hi re heir authorized capacity(ies), and that by hi er heir
signature(s) on the instrument the person(s) or the entity upon behalf of which the
person(s) acted, executed the instrument.
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
PATTY N, SMRH
COMM. #1745493
U e NOTARY PUBUC - CALIFORNIA y C)
SAN DIEGO COUNTY
My Commission Expires
JUNE 13, 21111
5095
NOTARY SEAL CERTIFICATION
(Government Code 27361.7)
I CERTIFY UNDER PENALTY OF PERJURY THAT THE NOTARY SEAL ON THE
DOCUMENT TO WHICH THIS STATEMENT IS ATTACHED READS AS FOLLOWS:
I
Name of the Notary:
Commission Number:
County Where Bond is Fil
I
M�47q
Manufacturer or Vendor Number:
Signature:
;),- a-5. Il
Date C mission �Expires:_
01441- b
(Located on both
Firm Name (if
Place of Execution: San Diego
Rec Forth #R1a 1 (Rev 6111/03)
m i
of the notary seal border)
algp
5005
STATE OF CALIFORNIA )
) ss.
COUNTY OF SAN DIEGO )
On 1 .200 , before me, , personally
appeared who proved to
me on the basis of satisfactory evidence to be t person(s) whose name(s) is /are
subscribed to the within instrument and ac wledged to me that he /she /they
executed.the same in his/her /their author' ed capacity(ies), and that by his/her /their
signature(s) on the instrument the pers n(s) or the entity upon behalf of which the
person(s) acted, executed the instru ent.
I certify under PENALTY OF ERJURY under the laws of the State of California
that the foregoing paragrap fs true and correct.
WITNESS my hand a official seal.
Notice of Affordability Restrictions (SHOP)
1552\03 \566709 3
5037
EXHIBIT A
Legal Description
- o ,
A -1
Notice of Affordability Restrictions (SHOP)
1552 \03 \566709 3
EXHIBIT 6f�99 Order No.: PSI 751026-U12
LEGAL DESCRIPTION F 0 0 8
LOT 26 OF CITY OF POWAY TRACT NO. 06 -06 THE MEADOWS, IN THE CITY OF POWAY,
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
s
END OF LEGAL DESCRIPTION
CLTA Preliminary Report Form -Modified (11- 17 -06)
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