Notice of Affordability Restrictions on Transfer of Property 2009-0723062RECORDED AT T»E ,EOUEST OF
CHICAGO TITLE CGMPANY
SUBDIVISION DEPT.
DOC # 2009 - 0723062
11111111111111111111111111111111111111111 III H1 1111 IN
RECORDING REQUESTED,BYAND DEC 31, 2009 8:00 AM
WHEN RECORDED MA_I_L TO: OFFICIAL RECOROs
SAh DIEGO COWJT'(RECOROER'S OFFICE
CIAVID L BUTLER CCiIJNT',' RECORDER
Poway Redevelopment Agency FEES 2400
13325 Civic Center Drive ( PAGES: l
Poway, CA 92064 i P IIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIIII
Attn: Executive Director
P, -E It ciol_( -1- i
NOTICE OF AFFORDABILITY RESTRICTIONS ON
TRANSFER OF PROPERTY
(Poway Redevelopment Agency- SHOP Program)
LOW 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
Hamid Dadafshar and Afsaneh Shamlou 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 12928 Metate Lane, Lot 4,
Poway, San Diego County, Assessor's Parcel No. 31'7- 350 -43 and further described
in Exhibit A, incorporated, herein by reference.
The affordability covenants and restrictions contained in the Restrictions include
without limitation acid as further described in the Restrictions:
1. The Property is restricted for resale to low income households at a
purchase price affordable to low income households.
2. The owner must occupy the Property as the Owner'sl sole residence.
3. The Owner must give notice to the Agency before resale of the Property.
4. The Owner is prohibited from further pledging the Property as security
for any debvand Owner must obtain Agency approval prior to
refinancing existing encumbrances.
Notice of Affordability Restrictions (SHOP)
Low Income Household
I S53 \03o83949 I
2236
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 on Ia 1 Q.. ,:as
Document /Ipstrurnent No. and shall remain in effect:for forty -five
45) years, commencing on the 3 hf arcen.de2 `ianl terminating on
tlewa, 1 , 20SJ.
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: OWNER:
Poway Redevelopment Agenc
By:
Title: Executive Director
2
Notice of Affordability Restrictions (SHOP)
Low Income Household
1552 \03 \583949 1
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(Type Name)
(Type Name)
2237
MI
STATE OF CALIFORNIA
) ss.
COUNTY OF SAN DIEGO )
,eIM
appeared
e���� ��I�nS % 'P
200g before me ersonall y
TZyX-�) , ho proved to
me on the basis of satisfactory evidence to be the person(ss vhose name(0qa*o
subscribed to the within - instrument and acknowledged to me that KE5,he4ltey
executed the same i Is er4fhe r authorized capacity(4®sj, and that by��eir
signature(.$)'on the instrument the person(s�'or the entity upon behalf of which the
person(49�—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 nd offfcia] seal.
STATE OF CALIFORNIA
) ss.
COUNTY OF SAN DIEGO )
UMM ul s
Comn*Won O 1787479
/dowry ruboc �- Co1NorMo D
kin glogo County 'i
M/colme"M DSCAM
On 2009, before me,��0�personally
appeared 7Yzt zt �%69z "-. 5 O -1 who proved to
me on the basis of satisfactory evidence to be the person(s) whose 'name(" is a_ re
subscribed to the within instrument and acknowledged to me that(pshe /they
executed the same ir�her /their authorized capacity(ies), and that, is 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.
Notice of Affordability Restrictions (SHOP)
15i2 \03 \583949.1
PAM N: SMITH
COMM. #1745493
NOTARY,PUBLIC- CALIFCRNIAV�i
m SAN DIEGO, COUNTY O
My CMMISSO Expires
JUNE 13, 2011
2238
-A
STATE OF CALIFORNIA )
) ss.
COUNTY OF SAN DIEGO )
2239
On ,200 , befor/e "'m'e' ;� s%kiu/ � r l iepersonally
appeared who proved to
me on the basis of satisfactory evidence to be the person(s) whose name(sare
subscribed to the Within: instrument and acknowledged to me that h sh /they
executed.the same in his their authorized capacity(ies), and that by h�/die /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 foregoingparagraph is true and correct.
WITNESS my hand and official seal.
- N. SMITH -
COMM. X1745999
NOTARY PUBLIC- CAUFORNIA
® SANDIEGOCOUNTY
My Comm scion Expires
JUNE 132011
Notice of Affordability Restrictions (SHOP)
1552 \03 \583949 1
EXHIBIT A 242
Legal Description
Ad
Notice ofAffordabiIity Restrictions (SHOP)
1552 \03 \583949 1
EXHIBIT "A"
Legal Description
PARCEL 1:
LOT 4 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.