Notice of Affordability Restrictions on Transfer of Property 2010-0714274RErOgDED AT'THEAEOUST OF
- - "CHICq(30 TITRE COMPANY
tW- DfVlS10N; DEPT
71L �O7
D D C# 2010-0714274
111111111111111111111111111111111111111111111111111111111111111 IN
DEC 23, 2010 3:18 PM
OFFICIAL RECORDS
SAN DIEGO COUNTY RECORDER'S OFFICE
DAVID L BUTLER, COUNTY RECORDER
Poway Redevelopment Agency ✓/� FEES: aB 00
13325 Civic Center Drive 1' PAGES: 6
Poway, 92064 1111111111111111111111111111111111111111111111111111111111111111111111111111111111111
Attn: Executive Director
X51 —(-it Z
NOTICE OF AFFORDABILITY RESTRICTIONS ON 181 II6
TRANSFER OF PROPERTY
(Poway Redevelopment Agency- SHOP, Program)
LOW INCOME HOUSEHOLD
NOTICE IS HEREBY GIVE_N,,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
Bernard A. Duddy 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 12821 Dakota Street, Lot 16, Poway,
San Diego County, Assessor's Parcel No. 317- 350 -55 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:
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's 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-my debt and Owner must obtain Agency approval prior to
refinancing existing encumbrances.
Notice of Affordability Restrictions (SHOP)
Low Income Household
1552 \03 \583949 1
18187
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 ./213 ob�o , as
Document /Instrument No.10H1'brH27fand shall remain in effect for forty -five
(45) years, commencing on the 1y-23 Vii° and terminating on
,a -a3
12015-
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:
Po development Agency /.�✓� `t
By.itGr{
P-enry (Type Name)
Title: Exec Jve Director
(Type Name)
Notice of Affordability, Restrictions (SHOP)
Low Income Household
1552 \03 \583949 I
1818;8•
STATE OF CALIFORNIA )
} ss.
COUNTY OF SAN DIEGO )
On tCcl 72 I U , 2010, before me, t/ y/,( iS �f% /�� , personally
appeared P 1 LtX , who proved to
me on the basis of satisfactory evidence to be the personWwhose name() is /ae
subscribed to the within instrument. and acknowledged to me that.b/she /tl}y
executed the same in �Aoer /th )kr authorized capacity(iY�), and that by 1�s/her /t1T 'r
signatureO on the instrument the person( or the entity upon behalf of which the
person(�j 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 fici'al seal.
STATE OF CALIFORNIA
COUNTY OF SAN DIEGO
0r1�Pvll�eh tr ,
appeared --gim i2/
before
ss.
. _ PHYLLIS SHINN
.Commission # 1778898
-u Notary Public - Calilornla €
San Diego County
Comm. Wes NOV9,2011
me on the, basis of satisfactory evidence to be the person(s)
subscribed to the with' nstrument and acknowledged to n
executed the same irr. lTer /their authorized capacity(ies),
signature(s) on the instrument the person(s) or the entity u f
person(s) acted, executed the instrument.
A0 p�t dinall�f
who proved to
whose ame(Care
e that she /they
and thavby I er /their
on behalf of which the
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.
JkF iov
Notice of Affordability Restrictions (SHOP)
1552U13�583949 1
,. PATTY N. SMITH
COMM. #1745493
y ` NOTARYPUBUC- CAUFORNIAy
a SAN DIEGO COUNTY n
My Commission Expires
JUNE 113, 2011
i S S•
STATE OF CALIFORNIA )
) ss.
COUNTY OF SAN DIEGO )
On 200, before me, , personally
appeared , who proved to
me on the basis of satisfactory evidence to be the person(s) whose name(s) is /are
subscribed to the within instrument and acknowledged to me that he /she /they
executed the same in his /her /their authorized capacity(ies), and that by his/her /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)
155203 \583949 1
EXHIBIT A
Legal Description
-5� p9eael-ze'L
A -1
Notice of Affordability Restrictions (SHOP)
1552\03 \583949 1
18190
EXHJBIT "N'
LEGAL, DESCRIPTION 18-191
LOT 16 OF CITY OF POWAY TRACT N01 66 -06 THE MEADOWS; IN THE CITY OF P.OWAY,
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